NAI Harcourts sold a Milford development site and a Rosedale property containing a mix of 5 tenancies at auction last week. An upstairs office unit in Wairau Park was passed in.
1 Wairau Rd:
Features: 895m² section zoned mixed business use, 4-bedroom house, marketed as development site
Outcome: sold for $2 million + gst
Agents: Michael Swarbrick & Tim Turner
4 Dallan Place:
Features: 1443m², 966.5m² floor area, 5 titles in one lot, mix of commercial, industrial plus residential tenancies
Outcome: sold for $3.2 million + gst at a 5.23% yield
Agents: Marty van Barneveld & Andrew Bruce
20 Link Drive, upstairs unit OO:
Features: 91m² office, long-term tenant, 7 parking spaces (2 covered)
Outgoings: opex $9173/year, body corp levy $6207/year
Outcome: passed in
Agents: Aaron Smith & Nick Young
Attribution: Agency release.