2 light industrial properties were passed in at Barfoot & Thompson Commercial auctions this week, at land prices illustrating how acute the supply of industrial land around Auckland has become.
Barfoot and Thompson Commercial
A Mt Roskill shop was sold at Barfoot & Thompson’s commercial auction today. A mixed-use property on Ponsonby Rd and a vacant retail arcade property at Whangaparaoa were passed in at Barfoot auctions yesterday.
An Onehunga warehouse with substantial office space was sold under the hammer at Barfoot & Thompson Commercial’s auction today.
Bayleys Remuera – 2 apartments & townhouse sell – Onehunga sale for Barfoot & Thompson Commercial
Barfoot & Thompson Commercial agents based in Takapuna have sold a Newmarket Broadway building on a 6.46% yield. Isthmus east Newmarket 131-151 Broadway:Features: 2408m² site, 4734.67m² net lettable area, fully tenanted 5-level retail & office building, adjacent to Rialto, 87 parking spacesRent: $1,801,127/year net + gstOutcome: sold in November for $27.9 million at a 6.46% yieldAgents: Elaine Tutty & […]
Both industrial properties auctioned at Barfoot & Thompson today, one in Mt Wellington and the other in Onehunga, sold under the hammer.