5 of the 14 properties were sold at Bayleys’ Total Property commercial auction on Wednesday and 5 attracted no bid. At the agency’s Tauranga auction, all 3 properties were sold under the hammer.
Clendon
A low apartment price and very strong commercial yields
A large Vincent St apartment, a Stonefields terrace, a Wairau valley warehouse & office unit and 2 outlets in a new Clendon development were all sold under the hammer at Bayleys’ auction yesterday.
6 commercial sales around Manukau
Bayleys agents have completed 6 commercial sales in Clendon, Manukau Central & Wiri.
Foodstuffs to replace Clendon store with Pak ’n Save
Foodstuffs North Island Ltd has decided to replace its New World store in Clendon with a bigger Pak ’n Save supermarket.
McDonald’s buys its Clendon outlet
Written 29 April 2010 but seemingly not published at the time, published 17 July 2010 The McDonald’s outlet at the Clendon shopping centre was sold for $2.8 million on a 6.5% yield at a Colliers International auction today. The auction drew 3 bidders and was sold under the hammer to McDonald’s Restaurants NZ Ltd, […]
