Tag Archives | Parnell

City loft & Onehunga section sell

A city loft and an Onehunga property zoned for intensification sold at Bayleys’ residential auctions last week.

CBD

Queen St

QVB Building, 6 Victoria St East, unit 6B:
Features: 2-level loft, mezzanine bedroom
Outcome: sold for $511,000
Agents: Julie Quinton & Wendy Nichols

Uptown

Highgate Towers, 8 Howe St, unit 3A:
Features: 2 bedrooms, 2 bathrooms, 2 balconies, 2 parking spaces
Outcome: passed in
Agents: Julie Quinton, Trent Quinton & Ellis Prince

Isthmus east

Onehunga

53 Spring St:
Features: 989m² site, 4-bedroom villa in terraced house & apartment buildings zone
Outcome: sold for $1.95 million
Agent: John Procter

Parnell

258 Parnell Rd, unit 43:
Features: studio, parking space
Outcome: auction postponed
Agent: Trisha Vincent

Isthmus west

Avondale

76 Riversdale Rd, unit 4:
Features: one-bedroom unit, carport
Outcome: up for sale by mortgagee, withdrawn from auction
Agents: Cherry Killgour & Steve Leyland

South

Manurewa

2 Totara Rd:
Features: 1042m² section, 3-bedroom house, basement garage, resource consent approved for 3-lot subdivision
Outcome: passed in, back on market at $799,000
Agents: Vanessa Nash, Ginny Cheyne & Stefni Baigent

Attribution: Auction documents.

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Apartment & townhouse sell, 4 more passed in

Bayleys sold an apartment & a townhouse at its auctions around Auckland last week, and 4 were passed in. The auction of another townhouse was postponed.

Isthmus east

Parnell

18 Brighton Rd, unit 1:
Features: 3-bedroom townhouse, 2 living rooms, 2 bathrooms, deck, parking space, designed by Marshall Cook
Outcome: passed in
Agent: Fleur Denning

Avoncourt, 57 Gladstone Rd, unit 1:
Features: half the top floor, 2 bedrooms, office, 2 living rooms, parking space, lift from carpark
Outcome: sold for $1.64 million
Agent: Fleur Denning

25 Windsor St, unit 4:
Features: 4-bedroom townhouse, 2 living rooms, 2 bathrooms, garage + parking space
Outcome: auction postponed
Agent: Fleur Denning

Remuera

Norfolk Manor, 2 Bassett Rd, unit 7:
Features: 199m² + balconies, terrace, 4-bedroom apartment, 2 living rooms, 2 bathrooms, 2-car basement parking, storage locker
Outgoings: rates $5412/year including gst
Outcome: passed in, back on the market at $2.347 million
Agent: Paul Sissons

Royal Oak

13 Turama Rd, unit 1:
Features: 3-bedroom townhouse, 2 bathrooms, study, 2 parking spaces
Outcome: sold for $1.145 million
Agent: Andrew Rumbles

North-east

Albany

22 Library Lane, unit 7-6-11:
Features: 46.7m² + 4.9m² balcony, one-bedroom apartment completed in September, parking space
Outcome: passed in, back on market at $508,000
Agents: Tina Tang & Ansen Huang

South

Pakuranga

40 Latham Avenue, unit 5:
Features: 2-bedroom unit, carport
Outcome: passed in, back on market at $589,000
Agents: Galina & John Shutkowski

Attribution: Agency release.

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Updated: 5 (now 6) of 14 sell at Bayleys’ Auckland commercial auction, 3 of 3 in Tauranga

Published 25 October 2018, updated 29 October 2018:
5 of the 14 properties were sold at Bayleys’ Total Property commercial auction on Wednesday and 5 attracted no bid.

At the agency’s Tauranga auction, all 3 properties were sold under the hammer.

Update: One property has been sold post-auction – a takeaway outlet in the Wairau Junction retail centre. The outcomes for 2 of the Auckland properties were transposed – for Ellerslie & Blockhouse Bay – and have been corrected below.

CBD

Chancery

Chancery Square, 44 Courthouse Lane, unit A206:
Features: 45m² unit leased to property management company
Rent: $33,500/year net + gst + outgoings
Outcome: sold for $380,000 at an 8.82% yield
Agents: Mike Adams & Jean-Paul Smit

Queen St

Mid-City, 239 Queen St, unit 1Y:
Features: m²,
Rent: $27,360/year net + gst, occupied by hair salon, lease term runs to April 2021 with further rights of renewal
Outcome: withdrawn from auction
Agent: Oscar Kuang

Hauraki Gulf islands

Waiheke Island

Onetangi

The Sands, 141 The Strand, unit 1:
Features: 104m² manager’s unit in the Sands apartment complex
Rent: $28,723/year net + gst + outgoings
Outcome: no bid
Agents: Brian Caldwell & Mana Tahapehi

Isthmus east

Ellerslie

Updated: 101 Main Highway, unit 12:
Features: 272m² Asian supermarket at Ellerslie shopping centre, 10 parking spaces
Rent: $60,000/year net + gst, 5-year lease in place with 2 5-year rights of renewal
Outcome: passed in at $800,000 (2 results transposed – originally posted as $2.7 million)
Agents: Oscar Kuang, Beterly Pan & Nicolas Ching01 Main Highway

Onehunga

222 Onehunga Mall:
Features: 273m² site, 2-storey building, seismic rating 75% new building standard, local town centre zoning has 27m height control
Rent: commercial & residential tenants
Outcome: withdrawn from auction
Agent: Oscar Kuang

Parnell

29B Bath St:
Features: 175m² site, 139m² commercial unit, parking space
Rent: $42,000/year net + gst current contract, 2 2-year rights of renewal
Outcome: no bid
Agent: Millie Liang

Isthmus west

Blockhouse Bay

Updated: 35 Margate Rd, flats 1-6:
Features: 2497m² site, 6 2-bedroom residential units, each of about 55m² & on separate titles, parking space each, offered in one package
Rent: $200,000/year net + gst from 2-year lease
Outcome: passed in at $2.7 million (2 results transposed – originally posted as $800,000)
Agents: Quinn Ngo, Matt Lee & James Chan

Eden Terrace

1 Exmouth St:
Features: 665m² vacant section on Newton Rd corner, leased to Wilson Parking, mixed use zoning
Rent: $21,495/year net + gst, early termination clause
Outcome: withdrawn from auction
Agents: Owen Ding, James Chan & Jarrod Qin

Pt Chevalier

1110 Great North Rd, unit D:
Features: 345m², town centre fruit & vegetable shop + parking, leased to PTC Fresh NZ for 5 years from December 2016 with 2 5-year rights of renewal
Rent: $108,312/year net + gst
Outcome: sold for $1.55 million at a 6.99% yield
Agents: Nicolas Ching, Quinn Ngo & James Chan

350 Pt Chevalier Rd:
Features: 696m² site zoned business – neighbourhood centre, housed greengrocery for over 50 years
Outcome: sold with vacant possession for $1.87 million at a land value of $2686/m²
Agents: John Procter, Alan Elliott & Cameron Melhuish

North-east

Orewa

Tamariki Plaza, 1-19 Cammish Lane, unit J:
Features: vacant 190m² commercial unit, one parking space + share of 35 parking spaces
Outcome: passed in at $700,000
Agents: Mustan Bagasra

Rosedale

101 Apollo Drive, unit D:
Features: vacant 120m² ground-floor office unit, 4 parking spaces
Outcome: auction postponed
Agents: Tonia Robertson & Jane McKee

Rosedale Retail Centre, 94 Rosedale Rd, unit 2:
Features: 73m² shop at entrance to zero-vacancy retail centre
Rent: $37,520/year net + gst + outgoings
Outcome: sold prior
Agents: Eddie Zhong, Steven Liu & Meng He

Wairau Valley

18 Ashfield Rd, unit D:
Features: industrial unit, 110m² ground floor, 30m² storage above, monthly tenancy
Outcome: sold for $440,000
Agents: Trevor Duffin & James Yu

65-71 Porana Rd, unit E:
Features: 133m² unit occupied by Hollywood bakery
Rent: $55,000/year net + gst + opex, new 6-year lease
Outcome: auction postponed
Agents: Adam Curtis, Damian Stephen & Steven Liu

Updated: Wairau Junction, 162-178 Wairau Rd, unit 7:
Features: 45m² kebab outlet
Rent: $30,600/year net + gst + outgoings
Outcome: passed in at $500,000, sold post-auction for $550,000 at a 5.56% yield
Agents: Andrew Lin & Ranjan Unka

North-west

Henderson

192 Universal Drive, unit A1:
Features: 756m², corner store in Lincoln North Shopping Centre, 7-year lease to Super Cheap Auto NZ from July 2016, annual fixed 3% rental increases & one 5-year right of renewal
Rent: $225,221/year net + gst, 3% annual increases
Outcome: sold for $3.93 million at a 5.73% yield
Agents: Matt Lee, James Chan, Quinn Ngo, Terry Kim & David Han

South

Clendon Park

439 Roscommon Rd, unit 2:
Features: 97m² retail unit, tenant Clendon Foodmarket
Rent: $41,600/year net + gst, 6-year lease from 2015
Outcome: no bid
Agents: Matt Lee, Quinn Ngo & Piyush Kumar

439 Roscommon Rd, unit 3:
Features: 97m² retail unit, tenant Crown Liquor
Rent: $43,201/year net + gst, 4-year lease from 2016, rights of renewal
Outcome: no bid
Agents: Matt Lee, Quinn Ngo & Piyush Kumar

South of the Bombays

Bay of Plenty

Bethlehem

272A State Highway 2:
Features: 809m² site, 305m² 2-level commercial building, anchor ground-floor pharmacy tenancy, smaller dental tenancy above on leases renewed until 2021 plus further renewals
Rent: $62,730/year net + gst
Outcome: sold for $1.26 million at a 4.98% yield
Agent: Myles Addington

Judea

66 Koromiko St:
Features: 2536m² industrial site, 1519m² standalone building comprising 1123m² of warehouse & workshop space, 4 large roller doors; the balance 2 levels of offices, showroom, storage & amenities; tenant Paramount Stainless has recently renewed for the next 3 years with one final right of renewal to 2024
Rent: $122,000/year net + gst
Outcome: sold for $1.8 million at a 6.78% yield
Agent: Graeme Coleman

Tauranga:

199, 207 & 213 Cameron Rd:
Features: 2192m² redevelopment site zoned city centre, allowing 19m² building height, next to central fire station on main arterial, car dealers have operated from site since the early 1970s, 2 tenancies expiring in August 2020
Rent: $190,715/year net + gst
Outcome: sold for $6.25 million + gst at a 3.05% yield, land value $2851/m²
Agents: Lloyd Davidson & Laura Taylor

Coromandel

Thames

517 Pollen St:
Features: 1521m² site, 1410m² building occupied by multiple tenants including NZ Post Ltd on long-term lease, 16 parking spaces
Rent: $107,717.53/year net + gst, multiple tenants
Outcome: no bid
Agents: Millie Liang & Josh Smith

Attribution: Agency release.

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2 Unilodge studios & Harvard apartment sell

Ray White City Apartments agents Josh Muriwai & Zoran Farac sold 2 Unilodge studios and a larger Harvard apartment at auction yesterday. The one other unit on offer, in Parnell, was passed in.

I’m out of town and don’t have full details from the auction, but will post them when they come through.

CBD

Learning Quarter

Unilodge, 138 Anzac Avenue, unit 204:
Features: studio
Outcome: sold for $46,000
Agents: Josh Muriwai & Zoran Farac

Unilodge on Beach, 133 Beach Rd, unit 108:
Features: studio
Outcome: sold for $52,000
Agents: Josh Muriwai & Zoran Farac

Victoria Quarter

Harvard, 147 Hobson St, unit 88:
Features: 3 bedrooms
Outcome: sold for $330,000
Agents: Josh Muriwai & Zoran Farac

Isthmus east

Parnell

Gladstone Apartments, 118 Gladstone Rd, unit 1F:
Features: one bedroom, parking space
Outcome: passed in
Agent: Sue Holland

Attribution: Agency release.

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JLL sells 5 buildings in east, west & on Shore

JLL agents have sold a vacant 3-storey Parnell building, 2 buildings on the west of the isthmus in Lynfield & Mt Eden and a unit in Vinegar Lane, and a multi-tenanted Browns Bay building on the Shore (pictured).

Isthmus east

Parnell

24 York Street:
Features: 599m² 3-level standalone building zoned business mixed use
Outcome: sold with vacant possession for $4.1 million + gst
Agents: Jason Armstrong & Ian Hall

Isthmus west

Grey Lynn

25 Pollen St, corner Crummer Rd:
Features: vacant 80m² retail or office unit, 46m² exclusive courtyard in Vinegar Lane development
Outcome: sold for $1.175 million + gst
Agent: Alex Wefers

Lynfield

210 White Swan Rd:
Features: 1011m² site, 330m² building, childcare centre licensed for 54 children, 13 parking spaces
Rent: $121,000/year net + gst
Outcome: sold for $2.325 million + gst at a 5.2% yield
Agents: Kevin Reardon & Alex Wefers

Mt Eden

101 Mt Eden Rd:
Features: 1812m² investment & development site, multi-tenanted building
Outcome: sold for $5.6 million + gst at a 2.7% yield
Agents: Tommy Zhang & Kevin Reardon

North-east

Browns Bay

41 Bute Road:
Features: 2093m² site, 1044m² net lettable area, 2-level multi-tenanted building in 7 titles, 6 ground-floor retail tenants + Lollipops childcare centre upstairs licensed for 75 children, 31 parking spaces
Outcome: sold for $6.9 million + gst at a 6% yield
Agents: Ian Hall & John Binning

Attribution: Company release.

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Meadowbank unit & Parnell terrace passed in

A cross-leased Meadowbank unit and a Parnell terrace were both passed in at Barfoot & Thompson’s residential auction today.

These were the 2 intensive homes on an auction list which included several other cross-leases, all full houses.

Isthmus east

Meadowbank

48 Gowing Drive, unit 4:
Features: cross-lease, quarter share in 675m², refurbished 2-bedroom unit, carport
Outcome: no bid
Agents: Faye Torrance

Parnell

7 Cleveland Rd, unit 15:
Features: 140m², 3-bedroom terrace, 2 bathrooms, atrium, balcony, tandem internal-access garage
Outgoings: rates $2763/year including gst; body corp levy $5420/year
Outcome: passed in at $820,000
Agent: Cindy Yu

Attribution: Auction.

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Augusta single-asset fund to buy new Mansons Parnell building

An Augusta single-asset fund will syndicate ownership of a new office building which Mansons TCLM Ltd is 2 months from completing at 96 St Georges Bay Rd, at the foot of Parnell.

Augusta Capital Ltd said on Friday its subsidiary, Augusta Funds Management Ltd, had entered into an unconditional agreement to acquire the 5-level A grade office building. Under the agreement, an Augusta fund will ultimately acquire the 11,083m² property for $116 million, which represents a 6.47% initial yield based on a 10.89-year weighted average lease expiry.

Mansons expects to reach practical completion in July and has signed up Xero Ltd for 2 floors, and Independent Liquor (NZ) Ltd & Harrison Grierson Group Ltd for one floor each. A small amount of level 1 & the ground-floor retail, which have no tenant signed, will be leased by Mansons for a 9-year term.

Augusta Funds Management intends to raise the required $68.5 million of investor equity in $50,000 units through the new fund before the forecast 30 August settlement date, subject to practical completion having occurred. Augusta Capital will underwrite $24.5 million of the equity-raising and will also receive offeror fees. The balance has been underwritten by third parties.

Augusta expects to open the offer at the end of June.

Attribution: Company release.

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Quiet times at 3 auction sessions – but one sale close to $15,000/m²

The generally quiet time in residential auctionrooms was emphasised in 3 sessions at Barfoot & Thompson’s city office on Wednesday & Thursday.

Those performances answer the question I’m asked most these days:

The everything question: What’s happening in the market? At auctions, bidders have become a rare species, which puts pressure on vendors. Even where there are bidders, there’s a common reluctance to offer anything near yesterday’s reserve.

Chinese buyers (local or visiting) have been notable for their absence for over a year, courtesy of restrictions in China and now here.

On Wednesday I watched a mate bid on the last property listed for the day. He & his wife were the only potential customers left in the room. After some nudging, they lifted their offer a little, but not enough to excite the auctioneer and nowhere near the vendor’s expectation.

A small unit well up the new Conrad tower on the corner of Albert & Swanson Sts, Park Residences, achieved a sale price close to $15,000/m² ($14,885), which is in the realm of pricing for new product in the central city.

The pricing of new product over the last 3 years or so had also lifted values for secondary stock, but I see secondary prices dropping back under $10,000/m² unless the apartment is distinctive, and below $8000/m² for older units.

On Thursday, the auction of the one property scheduled for Barfoot’s apartments & commercial morning session, a unit on Princes Wharf, was deferred a fortnight.

In the afternoon session, an Onehunga house was sold and the other 9 homes listed were passed in, 6 of them without a bid placed. The afternoon offering included a Remuera cross-lease, a Stonefields terrace and an Ascent penthouse on Nelson St (details of them below).

Wednesday afternoon was a more productive session for the auctioneer – 5 sales under the hammer, another sold shortly after and one sold prior out of 20 homes listed. From that session, you can check details below of 10 apartments, suburban units & cross-leases.

The properties are listed below geographically, not according to auction session.

Barfoot’s also issued its residential market calculations for April today. You can click through to that at the foot of this item.

The auctions:

CBD

Albert St

Park Residences, 35 Albert St, unit 1602:
Features: 35m², studio + study, 5m² balcony, in new Conrad development opened last month
Outgoings: body corp levy $2346/year
Outcome: sold for $521,000
Agents: Tom Jiang & Tim Lee

Federal St

The Federal, 18 Federal St, unit 2B:
Features: 51m², one-bedroom apartment, balcony
Outgoings: body corp levy $3274/year
Outcome: passed in at $418,000
Agents: John Zhang & Richard Tan

Uptown

Pembridge, 38 Symonds St, unit 16:
Features: one-bedroom apartment, parking space
Outgoings: body corp levy $3378/year
Outcome: passed in at $375,000
Agents: Jo Pickering

Victoria Quarter

Ascent, 149 Nelson St, unit 803:
Features: 2-storey penthouse, one bedroom, 2 balconies, parking space
Outgoings: body corp levy $3766/year; the unit’s $9647 defects levy last year hasn’t been paid in full; the buyer will not have to pay, and won’t benefit from any proceeds from, a $4000 litigation levy this year; a $41,300 levy has been forecast for this unit for stage 2 remediation works; a High Court claim has been lodged regarding construction defects but the vendor of this unit is not a party
Outcome: no bid
Agent: Stephen Chang

Waterfront

Princes Wharf, Shed 22, unit 1:
Features: leasehold, 63m², one bedroom on western side, balcony, parking space
Outgoings: ground rent increase capped at 3%/year or CPI, whichever is greater
Outcome: auction postponed to Thursday 17 May
Agents: Stephen Shin & David Lee

Isthmus east

Ellerslie

90F Ballarat St:
Features: cross-lease, 1/6 share in 2241m², 3-bedroom house, double internal-access garage
Outcome: passed in at $850,000
Agents: George Fong & Laura McAuley

Parnell

25 Cheshire St, unit B5:
Features: one-bedroom apartment, deck, parking space
Outcome: sold prior
Agents: Matt O’Brien & Cristina Casares

Remuera

123C Ngapuhi Rd:
Features: cross-lease, quarter share in 910m², 2-bedroom unit, courtyard, carport
Outcome: passed in at $780,000
Agent: Susan Palmer

Stonefields

136 Stonefields Avenue:
Features: 1/14 share in 964m² + 200m² fee simple, 2-storey 4-bedroom terrace, 2 bathrooms, double garage
Outcome: no bid
Agents: Wendy Sadd & Helen Lam

Isthmus west

Herne Bay

29 Hamilton Rd, unit 5:
Features: cross-lease, 1/8 share in 2086m², 2-bedroom unit, balcony, parking space
Outcome: sold for $1.3 million
Agents: Felicity Scott

Mt Albert

65 Woodward Rd, unit 1:
Features: 2-bedroom townhouse, courtyard, parking space
Outcome: withdrawn from auction
Agents: Jacqui Freeman & James Ju

Mt Eden

1A Taupata St, unit 4:
Features: cross-lease, quarter share in 1472m², 2-bedroom 1980s townhouse, courtyard, carport
Outcome: no bid, back on market at $1.195 million
Agents: Ketiesha Elliott & Frank Excell

Sandringham

30 Arabi St, unit 2:
Features: cross-lease, quarter share in 1936m², 2 bedrooms
Outcome: sold for $668,000
Agents: Bella Stefano & Sherry Shao

45 Fowlds Avenue, unit 3:
Features: 2-bedroom unit, garage
Outgoings: on strata title but no body corporate levy
Outcome: sold for $831,000
Agent: Dee Brennan

Related story today: Barfoots chief sees housing market lift approaching

Attribution: Auctions.

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East Tamaki & Parnell sales on firm yields

Colliers’ East Tamaki office sold a Nandina Avenue warehouse on a 4.6% yield today, and city agents have sold a 2-building property in Parnell at a 5.4% yield.

Isthmus east

Parnell

157-171 Parnell Rd:
Features: 860m² site, net lettable area 1177m², 2 buildings & 2 titles, anchor tenants House of Travel & La Porchetta, 18 parking spaces
Rent: $587,662/year net + gst
Outcome: sold to a family trust for $10.9 million at a 5.39% yield
Agents: David Burley, Peter Herdson & Paul Dyson

South

East Tamaki

4 Nandina Avenue:
Features: 2061m² site, 1141m² warehouse, standalone warehouse, 2 roller doors, secure rear yard, air-conditioned 2-level office & kitchen, seismic rating 100% of new building standard; established tenant Deejays Ltd signed new 7-year lease from January 2017
Rent: $137,000/year + outgoings + gst, rent reviews 2-yearly to market, further rights of renewal
Outcome: sold for $3 million + gst at a 4.6% yield
Agents: Paul Higgins & Jolyon Thomson

Attribution: Agency release.

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6 apartments & a commercial unit sell at auctions

6 apartments & townhouses were sold at Bayleys auctions over the last 2 weeks, and 7 were passed in. One was withdrawn.

A commercial unit in the Wairau Valley was also sold under the hammer.

Apartments

CBD

Uptown

Hopetoun Residences, 15 Hopetoun St, unit 1206:
Features: 2-bedroom penthouse, 2 bathrooms, balcony, 2 parking spaces
Outcome: passed in
Agents: Julie & Trent Quinton

Isthmus east

Newmarket

14D Sarawia St:
Features: 4-bedroom townhouse, 2 bathrooms, balcony, 2 parking spaces
Outcome: passed in
Agents: Harry Cheng & Wei Wei Elder

One Tree Hill

83 Moana Avenue, unit 4:
Features: 2-bedroom unit, internal-access garage
Outcome: passed in
Agent: Dianne Nichol

Parnell

57 Gladstone Rd, unit 5:
Features: 2 bedrooms, 2 living rooms, parking space
Outcome: sold for $1.55 million
Agent: Fleur Denning

Remuera

Broadway Park, 38 James Cook Crescent, unit 1E:
Features: 2-bedroom apartment in D’Urville building, balcony, internal-access garage, storage locker
Outcome: withdrawn from auction
Agents: Shona Walding & Cheryl Regan

Broadway Park, 38 James Cook Crescent, unit 7A:
Features: 215m² including balcony, 3-bedroom penthouse in D’Urville building, 2 living rooms, 3 bathrooms, internal-access garage, 3 parking spaces, storage locker
Outcome: sold for $3.05 million
Agent: David Rainbow

Isthmus west

Eden Terrace

33L Charlotte St:
Features: multi-level 3-bedroom terrace, 2 bathrooms, balcony, double internal-access garage, in electronically gated complex
Outcome: passed in
Agents: Julie Quinton & Diane Jackson

Ponsonby

70 Ponsonby Rd, unit 106:
Features: studio, parking space, under Quest Ponsonby hotel management
Outgoings: rates $4006/year including gst
Outcome: sold for $132,000
Agents: Dave Hamlyn & Wendy Nichols

Sandringham

14 Fowlds Avenue, unit 8:
Features: 3-bedroom terrace, courtyard, parking space
Outgoings: rates $2100/year including gst; body corp levy $3096/year
Outcome: passed in
Agents: David Downie & Lisa Smyth

St Marys Bay

101 Shelly Beach Rd, unit 6:
Features: 2-bedroom apartment, deck, parking space; no body corporate
Outcome: passed in, back on market at $915,000
Agent: Luke McCaw

80 St Marys Rd, unit 2:
Features: 2-bedroom unit, parking space; no body corporate
Outcome: passed in, back on market at $780,000
Agent: Chris Batchelor

North-east

Albany

28D The Avenue:
Features: 70m², one-bedroom apartment, deck, 2 parking spaces
Income assessment: $440/week current, appraisal $450-500/week
Outcome: sold for $400,000
Agent: Ryan Steven

Northcote

48A Exmouth Rd, unit 1:
Features: 3-bedroom townhouse, 2 bathrooms, double garage
Outcome: sold for $700,000
Agents: Yan Davies & Ryan Steven

North-west

Hobsonville Point

44 Onekiritoa Rd:
Features: 2-level 2-bedroom terrace, 2 living rooms, 2 bathrooms
Outcome: sold for $755,000
Agent: John Procter

Commercial

North-east

Wairau Valley

25 Ashfield Rd, unit 7:
Features: 139m² industrial unit, 2 office levels, 2 parking spaces
Outcome: sold vacant for $370,000
Agent: Trevor Duffin

Attribution: Agency release.

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