The Environment Court has overturned council commissioners’ rejection of Bunnings Ltd’s application for consent for a trade supplier warehouse on the Frankton Flats outside Queenstown.
Queenstown Lakes District Council appointed a Melbourne/Auckland consortium as preferred bidder on Friday to develop the Lakeview site in Queenstown.
Bayleys agents have sold 11 properties around the South Island – 8 in Canterbury, including 3 sites at the Izone & Iport business parks in Rolleston, 2 adjoining properties to one buyer at auction in Nelson, and a block of residential units in Dunedin.
The 8 properties in Bayleys’ latest South Island sales report cover a wide range – from a tavern & motel business in Marlborough to industrial sites at Izone & IPort, and commercial, industrial & retail premises in Ashburton, Blenheim & Christchurch.
Bayleys agents in the South Island finished 2018 with 8 commercial sales, including the sales of 2 vacant sites in the Izone Business Park in Rolleston, 27km south-west of central Christchurch, and their role in the sale of the South Dunedin Countdown store by Investore Property Ltd.
The Trust Investments Property Fund has ended up with ownership of HEB Construction Ltd’s headquarters building in Wiri at a slightly higher price than it negotiated early last year after the rental figure was finalised, taking its portfolio of commercial properties to $150 million.