A development site on the Ellerslie side of the Ellerslie-Panmure motorway roundabout has been sold by Colliers agents at $880/m², and a site in Freemans Bay has been sold with consent for 29 apartments in place.
13 sales & 2 leases around the North Island have been reported by Colliers.
9 of the 16 properties auctioned in Bayleys 7th Total Property portfolio for the year were sold under the hammer on Wednesday or shortly after. In Wellington, all 3 properties in the Total Property offering yesterday were sold. Another in Whakatane was also sold.
Argosy Property Ltd has entered into unconditional agreements to sell 2 properties for a total $9.3 million.
4 properties south of the Bombays have been sold in Bayleys’ Total Property auction series, and 2 from the agency’s 1 June auction in Auckland have been sold.