A light industrial building in New Lynn was sold on a 5.8% yield at Bayleys’ auction today. A Nexus apartment in Grey Lynn was sold, and one in Aero, Parnell, was passed in.
Bayleys agents have sold a 3.5ha light industrial site at Hobsonville, 3 adjoining industrial units in East Tamaki to one buyer and a cross-leased industrial property in Wiri.
Bayleys agents have sold 3 development properties in Paraparaumu – a total of 12 sites – plus 3 other industrial properties & an office building in the lower North Island.
Both industrial properties auctioned at Barfoot & Thompson today, one in Mt Wellington and the other in Onehunga, sold under the hammer.
An industrial unit at Silverdale and a refurbished brick & tile unit in Onehunga were sold at Bayleys auctions around Auckland this week.
Barfoot & Thompson sold 5 of the 6 apartments auctioned today, and 2 prior.
An industrial property in Penrose was passed in and industrial premises in St Johns were sold prior.