One of the 2 penthouses on the otherwise-commercial building at 2 Emily Place, on the eastern fringe of the Auckland cbd, sold under the hammer at Bayleys’ auction today… Given the generally subdued state of the apartment market, the lack of bidding on the Emily Place penthouse could be considered unsurprising.
Colliers agents have sold a heavy industrial property in Otahuhu.
5 of the 8 properties auctioned in Bayleys’ Total Property 5 auction in Auckland today sold under the hammer, and a sixth sold a couple of hours later at a hefty premium above the last bid.
The 68-unit Allenby Park hotel complex in Papatoetoe (pictured above) has been sold as a freehold going concern, one of 4 recent commercial sales in South Auckland by Bayleys.
Bayleys agents have completed 5 industrial sales around the east of the Auckland isthmus and in Mangere.
Bayleys agents have completed 3 commercial building sales in 3 southern suburbs – Otahuhu, Otara & Papatoetoe.