5 properties sold at Bayleys’ Total Property auction in Auckland yesterday and 6 were passed in.
One of the 2 penthouses on the otherwise-commercial building at 2 Emily Place, on the eastern fringe of the Auckland cbd, sold under the hammer at Bayleys’ auction today… Given the generally subdued state of the apartment market, the lack of bidding on the Emily Place penthouse could be considered unsurprising.
Colliers agents have sold a heavy industrial property in Otahuhu.
5 of the 8 properties auctioned in Bayleys’ Total Property 5 auction in Auckland today sold under the hammer, and a sixth sold a couple of hours later at a hefty premium above the last bid.
The 68-unit Allenby Park hotel complex in Papatoetoe (pictured above) has been sold as a freehold going concern, one of 4 recent commercial sales in South Auckland by Bayleys.
The Goodman Property Trust has announced 2 new industrial projects for its Savill Link industrial estate & Highbrook Business Park in Auckland totalling $54.1 million, including $14.6 million for land value allocation.