A Warehouse store in the Bay of Islands has been sold through Bayleys at an 8% yield.
Bay of Islands
Colliers agents have clocked up over $40 million of commercial & industrial sales from Paihia to Paraparaumu in 5 transactions.
2 properties taken to tender through Bayleys’ last Total Property campaign have been sold.
A Rotorua motel was passed in without a bid other than from the vendor at NAI Harcourts’ auction in Takapuna yesterday.
10 intensive-development units – apartments, suburban units and properties on cross-leases – and a commercial property were sold under the hammer at Barfoot & Thompson’s auction on Wednesday.
In a big Total Property commercial auction at Bayleys on Wednesday, 16 properties were sold under the hammer, 4 sold prior, 2 were offered together then individually but didn’t sell, and 2 were withdrawn – a 50% sell rate on what was offered. Another property has sold since the auction.