Tag Archives | Takapuna

Takapuna office building sells at 6.4%, auctionroom stalls

An office building occupied by the NZ Institute of Education’s Takapuna campus (pictured) has been sold by Barfoot & Thompson Commercial agents at a 6.4% yield.

Across at the agency’s city auction session this morning, a retail space at Glen Eden without even a disclosed size didn’t attract a bidder and the auction of an Aura apartment, having gone close to a sale, stalled – and it was passed in half an hour later.

Given that auctionroom non-performance, I’ll limit my visits to auctions where same-day outcomes look a reasonable prospect.

Commercial

North-east

Takapuna

62-64 Anzac St:
Features: 5682m² net lettable area, 12-level office building, 196 parking spaces
Rent: $2,748,562/year net + gst from 24 tenancies
Outcome: sold for $43 million at a 6.39% yield
Agents: Elaine Tutty & Bruce Jiao

North-west

Glen Eden

1 Westech Place:
Features: vacant retail space
Outgoings: body corp levy $1003/year
Outcome: no bid
Agent: Paul Greenwood

Residential

CBD

Victoria Quarter

Aura, 53 Cook St, unit 506:
Features: 49m² + balcony, 2-bedroom apartment
Outgoings: body corp levy $4513/year
Outcome: passed in at $410,000
Agents: Selina Zheng & Tommy Zhang

Attribution: Agency release, auction.

Continue Reading

Sale & 4 leases on Shore

Bayleys commercial agents on the North Shore have sold a Takapuna unit used by a medical tenant and leased 4 properties.

North-east

Sale

Takapuna

2 Ngaio St, unit 1:
Features: 120m² mixed-use premises, tenant North Shore Chiropractic Ltd, 4 parking spaces
Rent: $39,000/year net + gst
Outcome: sold in May for $798,000 + gst at $6650/m², 4.89% yield
Agents: Adam Curtis & Adam Watton

Leases

Albany

18 Oteha Valley Rd Extension, unit A9:
Features: 64m² office, parking space
Rent: leased in June for $18,000/year net + gst, premises rental $281/m²
Agents: leased by Caroline McNaught, Laurie Burt & Jane McKee

Birkenhead

12 Birkenhead Avenue, shop 2:
Features: 175m² shop, parking space
Rent: leased in May for $50,000/year net + gst, premises rental $289/m²
Agents: Dev Choudhury & Michael Nees

Forrest Hill

1-11 Grenada Avenue, shop 6:
Features: 64m² shop
Rent: leased in May for $13,200/year net + gst, premises rental $206/m²
Agents: Dev Choudhury

Hauraki

332 Lake Rd:
Features: 342m² car yard – yard 302m², office 40m²
Rent: leased in June for $36,000/year net + gst, premises rental $105/m²
Agents: Dean Gilbert-Smith

Attribution: Agency release.

Continue Reading

5 sales & 6 leases

Bayleys agents have completed 5 sales on the North Shore, in Henderson and on Waiheke Island, and 6 leases in the Auckland cbd, Avondale and on the Shore.

Sales

Hauraki Gulf islands

Waiheke Island

171 Carsons Rd:
Features: 8.95ha of land
Outcome: sold in May for $2.85 million + gst
Agents: Ranjan Unka & Brian Caldwell

North-east

Birkenhead

27-33 Mokoia Rd, unit 4:
Features: 59m² retail unit occupied by cafe on new 2-year lease with 2 2-year rights of renewal sold for $502,000 at a 4.98% yield
Rent: $25,000/year net + gst
Outcome: sold for $502,000 at a 4.98% yield
Agents: Owen Ding, Oscar Kuang, Michael Nees

27-33 Mokoia Rd, unit 5:
Features: 59m² retail unit occupied by Kebab Serai, one of the Turkish takeaway’s 4 Auckland outlets, on a lease until April 2020, 2 5-year rights of renewal
Rent: $24,000/year net + gst
Outcome: sold for $500,000 at a 4.8% yield
Agents: Owen Ding, Oscar Kuang & Michael Nees

Takapuna

8-12 The Promenade:
Features: 817m² corner site zoned metropolitan centre, frontage to 3 cbd streets, 1672m² 2-level commercial building, anchored by 2 restaurants & gym, range of office tenancies on the upper level & 373m² of vacant space, 18 open-air, rooftop parking spaces; 10 leases have final expiries ranging from 2018-28 and all but 2 have demolition clauses
Rent: $415,091/year net + gst
Outcome: sold for $7.4 million at a 5.61% yield
Agent: Brian Caldwell

North-west

Henderson

9-11 Aetna Place:
Features: 8712m² site, 6495m² industrial premises – 5095m² warehouse, 8.9-10.35m stud, multiple roller doors & 1120m² canopy, office & amenities 280m²
Outcome: sold with vacant possession for $9 million
Agents: Sunil Bhana, James Valintine, Mike Houlker & Matt Mimmack

Leases

CBD

Victoria Quarter

118-122 Nelson St:
Features: 1344m² office, 18 parking spaces
Rent: leased in April for $346,522/year net + gst (based on an average over 10 years), parking $50/space/week, premises rental $223/m²
Agents: Tonia Robertson + Jean Paul Smit

Isthmus west

Avondale

419A Rosebank Rd:
Features: 1692.39m² industrial property – warehouse 1,509.19m², showroom 137.17m², office 46.03m², 15 parking spaces
Rent: leased in April for $202,868.85/year net + gst, premises rental $120/m²
Agents: Tonia Robertson & Mark Preston

North-east

Albany

287 Oteha Valley Rd, unit 5:
Features: 150m² retail, shared parking
Rent: leased in April for $85,000/year net + gst, premises rental $566/m²
Agents: Steven Liu, Matt Lee & Quinn Ngo

Birkenhead

80-94 Mokoia Rd, shop 1B, 2 & 3:
Features: 429.3m² shop, 7 parking spaces
Rent: leased in April for $129,932/year net + gst, parking $20-25/space/week, premises rental $303/m²
Agent: Ildy Meixner

Wairau Valley

7 Kaimahi Rd:
Features: 958m² industrial unit warehouse 708m², office 83m², mezzanine 167m², 8 parking spaces
Rent: leased in May for $115,000/year net + gst, premises rental $120/m²
Agents: Trevor Duffin & Eddie Zhong

16 Woodson Place, unit C:
Features: 638m² industrial unit – warehouse 506m², office 120m², other 12m², 11 parking spaces
Rent: leased in May for $83,090/year net + gst, premises rental $130/m²
Agent: Trevor Duffin

Attribution: Agency release.

Continue Reading

2 retail sales, 4 leases on Shore

Bayleys agents on the North Shore have completed 2 retail property sales in Devonport & Hauraki and 4 leases, including 2 on Taharoto Rd, Takapuna.

North-east

Sales

Devonport

69-71 Victoria Rd:
Features: 443m² retail – retail area 227m², office 109m², other area 107m², 4 parking spaces, tenants Brolly Sheets, Yarntons & Monsoon
Rent: $143,650/year net + gst
Outcome: sold in April for $2.15 million + gst at $5780/m², yield 6.68%
Agents: Adam Curtis & Adam Watton

Hauraki

Details of a Hauraki sale have been removed as confidential.

Leases

Albany

63 Corinthian Drive, level 1, unit 4:
Features: 78m² office, 2 parking spaces
Rent: leased in April for $30,000/year net + gst
Agent: Jane McKee

Rosedale

9-11 Lovell Court, unit Q:
Features: 136m² industrial unit – office 68m², warehouse 68m², 4 parking spaces
Rent: leased in April for $28,000/year net + gst
Agents: Zoran Popovich & Laurie Burt

Takapuna

39 Taharoto Rd, level 1, tenancy B & C:
Features: 189m² office, 5 parking spaces
Rent: leased in April for $60,080/year net + gst, parking $40/space/week, rental excluding parking $49,680, premises rental $262.85/m²
Agents: Dean Gilbert-Smith, Adam Watton & Adam Curtis

68-76 Taharoto Rd, level 2, suite 16:
Features: 90m² office,
Rent: leased in April for $137,403/year net + gst, premises rental $1526.70/m²
Agent: Dean Gilbert-Smith

Attribution: Agency release.

Continue Reading

8 sales & 11 leases from Silverdale to city to Westgate

Bayleys North Shore agents have notched up 8 sales & 11 leases of commercial property from Silverdale down to the inner city and across to Henderson & Westgate.

Sales

CBD

Learning Quarter

76 Anzac Avenue:
Features: 356m² site, 1097m² 3-storey office building, one parking space
Rent: $60,000 net + gst, plus $96,000 gross + gst
Outcome: sold 2 weeks ago for $5.3 million + gst at $4831/m², 2.94% yield
Agent: Tonia Robertson

North-east

Rosedale

60 Apollo Drive:
Features: 1729m² site, 1301m² industrial premises tenant Wallace Cotton Ltd
Rent: $228,210/year net + gst
Outcome: sold in March for $5.1 million + gst, at $3920/m², 4.47% yield
Agent: Matt Mimmack

15 Lovell Court, unit 12:
Features: 100m² office, 2 parking spaces
Rent: $28,600/year net + gst at $3350/m², 8.54% yield
Outcome: sold in April for $335,000 + gst
Agents: David Han & Annette Lum

Rothesay Bay

2-8 Montgomery Avenue:
Features: 316m² site, 190m² retail, 3 parking spaces
Rent: $70,000/year net + gst
Outcome: sold in March for $1.185 million + gst, at $3750/m², 5.9% yield, 3 weeks after being passed in at $1.1 million at auction
Agents: Brian Caldwell, Adam Curtis & Michael Nees

Wairau Valley

17 Ashfield Rd:
Features: 1017m² site, 692m² building, 5 industrial units on one title
Rent: $75,600/year net + gst
Outcome: passed in at March auction at $1.535 million, sold a week ago for $1.7 million at $2457/m², 4.45% yield
Agents: Trevor Duffin & Ranjan Unka

18 Link Drive, unit H:
Features: 462.09m² bulk retail unit – showroom 358.8m², mezzanine area 103.29m², 12 parking spaces
Outcome: sold in March with vacant possession for $1.4 million + gst, at $3030/m²
Agents: Trevor Duffin & Chris White

63 View Rd:
Features: 5885m² industrial site, 3093.8m² building – warehouse 2693.8m², office 400m², 15 parking spaces
Outcome: sold vacant for $6.6 million + gst, at $2133.30/m²
Agents: Tonia Robertson & Laurie Burt

North-west

Westgate

1 Kawakawa Place:
Features: 3,223m² site, 1858m² retail & childcare property, 40 parking spaces
Rent: $562,464/year net + gst
Outcome: sold in March for $9.375 million, at $2909/m², 6% yield
Agent: Brian Caldwell

Leases

North-east

Orewa

50 Centreway Drive, part level 1:
Features: 266.75m² office, 10 parking spaces; Auckland Council Orewa service centre & former council chamber building, council committee to decide on Tuesday whether it will be sold
Rent: leased in April for $66,687.50/year net + gst, premises rental $250/m²
Agents: Tonia Robertson & Mustan Bagasra

Rosedale

36 Arrenway Drive, unit B:
Features: 307m² industrial unit – warehouse 148m², showroom 79.5m², office 79.5m², 6 parking spaces
Rent: leased in March for $58,000/year net + gst, premises rental $189/m²
Agent: Laurie Burt

7 Douglas Alexander Parade, unit C:
Features: 298.7m² industrial unit – warehouse 121m², office 177.7m², 8 parking spaces
Rent: leased in March for $54,000/year net + gst, premises rental $181/m²
Agents: Caroline McNaught & Laurie Burt

2 Rothwell Avenue, unit F:
Features: 704m² industrial unit – warehouse 462.6m², office 241.4m², 10 parking spaces
Rent: leased in March for $105,000/year net + gst, premises rental $149/m²
Agents: James Kidd, Chris White & Laurie Burt

Part 15-17 William Pickering Drive:
Features: 836m² industrial & office unit – warehouse 638m², office 198m², 14 parking spaces
Rent: leased in March for $134,780/year net + gst, premises rental $161/m²
Agents: Laurie Burt & Tonia Robertson

Silverdale

30 Foundry Rd, unit 9:
Features: 590m² industrial unit – warehouse 419m², showroom 51m², office 89m², other area 31m², 8 parking spaces
Rent: leased in January for $105,000/year net + gst, premises rental $180/m²
Agent: Rosemary Wakeman

150 Foundry Rd, unit D2:
Features: 75m² office unit, 2 parking spaces
Rent: leased in March for $15,000/year net + gst, premises rental $200/m²
Agent: Rosemary Wakeman

Takapuna

15 Auburn St, unit 1A:
Features: 50m² office, parking space
Rent: leased in March for $18,000/year net + gst, premises rental $360/m²
Agent: Chris White

29 Northcroft St, part lower ground floor:
Features: 280.7m² office, 5 parking spaces
Rent: leased in March for $69,920/year net + gst, 2 parking spaces at $45/space/week each, 3 parking spaces at $35/space/week each
Agents: Jane McKee, Eddie Zhong & Dean Gilbert-Smith

Wairau Valley

101-111 Diana Drive, unit 17 (M):
Features: 970m² industrial unit – warehouse 690m², showroom 140m², office 140m²
Rent: leased in April for $165,000/year net + gst, premises rental $170/m²
Agent: Trevor Duffin

North-west

Henderson

42 Paramount Drive, units 6 & 7:
Features: 280m² retail unit
Rent: leased in March for $80,000/year net + gst, premises rental $286/m²
Agents: Terry Kim & David Han

Attribution: Agency release.

Continue Reading

5 commercial sales include 3 in Orchard Park

Bayleys agents have sold 3 warehouse & retail units in the Orchard Park subdivision on Corinthian Drive, Albany, a mixed-use property on Barrys Pt Rd in Takapuna and a warehouse in Mt Wellington.

2 other units at 21 Corinthian Drive, 7A & 7B, sold at auction on 7 March.

North-east

Albany – Orchard Park

18 Corinthian Drive, unit 10:
Features: 190m² industrial unit – warehouse 112m², office 78m², canopy 20m²
Outcome: sold vacant in March for $713,000 + gst at $3753/m²
Agents: James Yu & Matt Mimmack

18 Corinthian Drive, unit 11:
Features: 190m² industrial unit – warehouse 112m², office 78m², canopy 20m²
Outcome: sold vacant in March for $713,000 + gst at $3753/m²
Agents: James Yu & Matt Mimmack

21 Corinthian Drive, unit 1:
Features: 450m² retail occupied by Albany Supermarket Ltd
Rent: $260,000/year net + gst
Outcome: sold in March for $4.3 million + gst at $9556/m², 6% yield
Agents: David Han, Eddie Zhong, Terry Kim & Ranjan Unka

Takapuna

55 Barrys Pt Rd:
Features: 1549m² industrial, office & retail property
Rent: $285,630/year net + gst
Outcome: sold in March for $5.775 million + gst at $3728/m², 4.95% yield
Agents: James Kidd & Matt Mimmack

Isthmus east

Mt Wellington

26 Vestey Drive:
Features: 2049m² industrial property, 39 parking spaces, tenant Estee Lauder Ltd
Rent: $307,645/year net + gst
Outcome: sold in December for $5.55 million + gst at $2709/m², 5.54% yield
Agents: Sunil Bhana, Mike Houlker & Ranjan Unka

Earlier story:
9 March 2018: 8 commercial properties sell for total $11 million

Attribution: Agency release.

Continue Reading

2 sales & 7 leases on the Shore

Bayleys agents on the North Shore have completed 2 sales outside the auctionroom and signed 7 leases in the last month.

North-east

Sales

Rosedale

32 Constellation Drive, unit 1:

Features: 455m² retail & office, shared parking, occupied by Coffee Club & Meditation Tour Ltd
Rent: $134,829.96/year net + gst
Outcome: sold in February for $2.61 million + gst at a 5.16% yield, $5736/m²
Agents: Terry Kim & Ranjan Unka

Takapuna

2D Burns Avenue:
Features: 150m² office, 4 parking spaces
Outcome: sold vacant for $800,000 + gst at $5333/m²
Agents: Jane McKee, Dean Gilbert-Smith & Alex Strever

Leases

Albany

67 Corinthian Drive:
Features: 758m² office, 18 parking spaces
Rent: leased in March for $275,320/year net + gst, parking $35/space/week, premises rental $242,560/year at $320/m²
Agent: Dean Gilbert-Smith

3 Henry Rose Place, unit J:
Features: 298m² industrial unit – warehouse 168m², office 65m², showroom 65m², 7 parking spaces
Rent: leased in March for $45,000/year net + gst, premises rental $151/m²
Agents: Laurie Burt & Alex Strever

42 Tawa Drive, Building B, suite A:
Features: 81m² office, 3 parking spaces
Rent: leased in March for $25,270/year net + gst, parking $20/space/week, premises rental $22,150/year at $273/m²
Agents: Caroline McNaught & Dean Gilbert-Smith

Birkenhead

12 Birkenhead Avenue, shop 1:
Features: 92.6m² shop, parking space
Rent: leased in March for $28,960/year net + gst, parking $18.50/week, premises rental $28,000 at $302/m²
Agents: Michael Nees & Dev Choudhury

Browns Bay

731 Beach Rd, unit B:
Features: 55m² retail
Rent: leased in March for $18,000/yea net + gst, premises rental $327/m²
Agents: Adam Curtis & Dev Choudhury

Rosedale

100 Rosedale Rd, unit 1A:
Features: 110m² retail, 4 parking spaces
Rent: leased in February for $43,000/year net + gst, premises rental $40,001/year at $364/m²
Agent: Steven Liu

Wairau Valley

54 View Rd, F1 unit C:
Features: 59m² office, parking space
Rent: leased in March for $18,000/year net + gst, parking $20/week, premises rental $287/m²
Agents: David Han & Terry Kim

Attribution: Agency release.

Continue Reading

8 commercial properties sell for total $11 million

8 commercial properties were sold for just under $11 million at Bayleys’ first Auckland Total Property auction of the year on Wednesday and a second auction session that day.

Another 3 properties were sold prior and 3 were withdrawn.

CBD

Victoria Quarter

137 Hobson St:
Features: 50m² ground-floor retail space under Imperial Gardens Apartments, 3 parking spaces
Rent: $76,630/year net + gst
Outcome: no bid
Agents: Nicolas Ching & James Chan

Hauraki Gulf islands – Waiheke

Ostend

23 Belgium St:
Features: 1619m² site zoned commercial 2 (Ostend village), block of 4 shops, 20 parking spaces
Rent: $94,000/year net + gst + opex from 4 leases
Outcome: sold for $1.86 million at Wednesday afternoon auction session (not in Total Property list)
Agents: Clive Lonergan & Lisa Hopewell

North

Kaitaia

32 Dominion Rd:
Features: 1190m² site, 230m² floor area, childcare centre on 2 5-year lease terms from October 2017
Rent: $48,000/year net + gst
Outcome: sold for $680,000
Agents: Shane Snijder & Steve McNally

North-east

Albany

Orchard Park, 21 Corinthian Drive, unit 7A:
Features: 87m² retail
Rent: $53,672/year net + gst + opex
Outcome: pre-auction offer of $1,073,440 was acceptable, but sold for $1.2 million
Agents: Eddie Zhong & Steven Liu

Orchard Park, 21 Corinthian Drive, unit 7B:
Features: 76m² shop
Rent: $45,000/year net + gst
Outcome: sold for $910,000
Agents: Eddie Zhong & Steven Liu

Rosedale

39 Apollo Drive, unit J:
Features: 130m² ground=floor office, 4 parking spaces
Rent: $36,677/year net + gst + outgoings
Outcome: sold prior, price confidential
Agents: Jane McKee & Tonia Robertson

Rothesay Bay

2-8 Montgomery Avenue:
Features: 316m² corner site, 190m² floor area, 2 tenancies, mixed-use residential development potential
Rent: $70,622/year net + gst + outgoings
Outcome: sole bid from vendor at $1.1 million, passed in
Agents: Brian Caldwell

Takapuna

452-456 Lake Rd:
Features: 369m² site, 187.4m² floor area, 8 parking spaces, anchor tenants Heartland Bank & Basu restaurant
Rent: $134,180/year net + gst + outgoings
Outcome: sole bid from vendor at $3.5 million, passed in
Agents: Tonia Robertson & Ranjan Unka

8-12 The Promenade:
Features: 817m² site, 1672.5m² retail & office building
Rent: $414,091/year net + gst
Outcome: sole bid from vendor at $6.5 million, passed in
Agents: Brian Caldwell

Wairau Valley

17 Ashfield Rd:
Features: 1017m² site, 692m² building, 5 industrial units on one title
Rent: $75,600/year net + gst
Outcome: passed in at $1.535 million
Agent: Trevor Duffin

25 Ashfield Rd, unit 7:
Features: 139m² industrial unit, 2 office levels, 2 parking spaces
Outcome: sold in February at pre-auction offer of $370,000
Agent: Trevor Duffin

North-west

New Lynn

11 Binstead Rd:
Features: 857m² site, 556m² building
Outcome: passed in at $1.675 million
Agents: Mike Adams & Phil Haydock

South

Beachlands

191 Jack Lachlan Drive:
Features: 9356m² development site zoned residential mixed housing suburban
Outcome: no bid
Agent: Dave Stanley

Mangere

22-28 Rosella Rd:
Features: 3277m² site, 793m² building
Outcome: sold for $2.013 million
Agents: Ben Bayley & Karl Price

54 Tidal Rd:
Features: 7315m² site, 3600m² building area, 5 tenants
Rent: $356,142/year net + gst
Outcome: no bid
Agents: Nick Bayley & Alex McNeil

Manukau Central

132 Cavendish Drive, unit A:
Features: 480m², leased to VTNZ until 2024, with renewals to 2030; units A, B & C have 32 parking spaces between them
Rent: $125,107.50/year net + gst
Outcome: sold for $2 million
Agents: Stuart Bode, Mike Bradshaw & Tony Chaudhary

132 Cavendish Drive, unit B:
Features: 340m², leased to Cooper Tyres until 2020, right of renewal to 2023
Rent:
Outcome: sold for $1.215 million
Agents: Stuart Bode, Mike Bradshaw & Tony Chaudhary

132 Cavendish Drive, unit C:
Features: 392m², leased to VTNZ until 2024, with renewals to 2030
Rent: $61,400/year net + gst
Outcome: sold for $1.101 million
Agents: Stuart Bode, Mike Bradshaw & Tony Chaudhary

132 Cavendish Drive, unit H:
Features: 282m² industrial unit
Rent: $46,500/year net + gst
Outcome: sold for $1.1 million
Agents: Stuart Bode, Mike Bradshaw & Tony Chaudhary

Papakura

5 Vernon St:
Features: 1012m² section zoned light industry, consent for 3 industrial units
Outcome: sole bid from vendor at $700,000, passed in
Agents: Dave Stanley & Piyush Kumar

Waiuku

30 Bowen St:
Features: 6660m² site in 6 titles, total floor area 765m² in various buildings, zoning allows up to 4 storeys
Rent: $96,720/year including gst
Outcome: auction postponed to 13 March
Agents: Virginia Zhou & Shane Snijder

Attribution: Auctions.

Continue Reading

Ramada complex units among Shore sales, B-Hive spaces among leases

6 commercial property sales by Barfoot & Thompson agents on the North Shore in February included 2 units in the new Ramada Hotel complex across the road from the Albany bus station.

2 of the 11 leases signed in February were in the new B-Hive at Smales Farm.

Sales

North-east

Albany

Ramada Hotel complex, 254 Cornerstone Drive, unit 5:
Features: 166m² tenanted unit
Outcome: sold for $1.7 million
Agent: Brian Paulin

Ramada Hotel complex, 254 Cornerstone Drive, unit 12:
Features: 120m² retail space
Outcome: sold vacant for $1.22 million

Beach Haven

318K Beach Haven Rd:
Features: 198m² tenanted industrial unit
Outcome: sold for $435,000
Agents: Paul Vermaak

Rosedale

4N Antares Place:
Features: 102m² office
Outcome: sold vacant for $535,000
Agent: Brian Paulin

13D Ride Way:
Features: 175m² tenanted industrial unit
Outcome: sold for $520,000
Agents: Paul Vermaak

12A Saturn Place:
Features: 185m² tenanted unit
Outcome: sold for $820,000
Agents: Nick Brown

South of the Bombays

Paeroa

1 Grey St:
Features: 15,859m² site, 2225m² industrial building
Outcome: sold tenanted for $1.1 million
Agents: Tom Taunt

Leases

North-east

Rosedale

5B Airborne Rd:
Features: 600m² industrial building
Rent: $87,000/year net + gst
Agents: Bruce Jiao & Gary Seekup

112D Bush Rd:
Features: 182m² office, 8 parking spaces
Rent: $53,820/year net + gst
Agent: Brian Paulin

7E Douglas Alexander Parade:
Features: 156m² office, 6 parking spaces
Rent: $53,500/year net + gst
Agent: David Cannon

12A Parkhead Place:
Features: 732m²,
Rent: $117,000/year net + gst
Agents: Chase Erceg & David Herron

14 Piermark Drive:
Features: 3219m²
Rent: $501,125/year net + gst at $155.60/m²
Agents: Chase Erceg & Simon Farland

7-9 Tait Place, unit 1A:
Features: 255m² industrial, 5 parking spaces
Rent: $40,000/year net + gst
Agents: Elaine Tutty & David Cannon

38C William Pickering Drive:
Features: 204m² office & warehouse, 5 parking spaces
Rent: $46,000/year net + gst
Agent: David Goodhue

Takapuna

B-Hive, 74 Taharoto Rd, unit 205A:
Features: 27m² office
Rent: $39,900/year net + gst
Agent: Nick Brown

B-Hive, 74 Taharoto Rd, unit 207A:
Features: 27m² office
Rent: $39,900/year net + gst
Agent: David Goodhue

Wairau Valley

89 Ellice Rd, unit 1C:
Features: 252m² office & warehouse, 6 parking spaces
Rent: $52,000/year net + gst
Agent: David Cannon

59 Hillside Rd, front half:
Features: 2422m²,
Rent: $220,000/year net + gst
Agents: Chase Erceg & Simon Farland

Attribution: Agency release.

Continue Reading

Panmure & Takapuna carpark Unlock projects approved

Auckland Council’s planning committee agreed yesterday to advance 2 of its “unlock” projects, in Panmure & Takapuna.

The Panmure project, for Panmure’s main street, Queen’s Rd, had already been agreed to by the Maungakiekie-Tamaki Local Board, but the majority on the governing body’s committee was at odds with the Devonport-Takapuna Local Board over the fate of the council carpark at 40 Anzac St (and fronting Lake Rd).

There was also division over why the local board should be able to present its view to the committee on the Takapuna project when 2 local groups, the Takapuna Beach Business Association & Takapuna Action Group, had their applications to address the committee during its public forum were declined.

The reason given by committee chair Chris Darby was that the local board was a part of the council, while outside groups had been able to present their views to the Unlock hearing last year. Cllr Darby said that when the committee had deferred its decision last November, it had done so specifically so it could engage with the board.

While the Panmure decision yesterday was straightforward, questioning & debate on the Takapuna project was prolonged. It was approved after a 13-8 vote in favour.

The Unlock programme is led by the council-controlled property arm, Panuku Auckland Development, and is aimed at revitalising centres around the region.

  • I’ll have more on these 2 Unlock projects tomorrow.

Committee agenda items:
9, Unlock Panmure high level project plan
10, Change of use of 40 Anzac St, Takapuna
Council stream on Takapuna

Attribution: Council committee meeting & agenda.

Continue Reading
WordPress Appliance - Powered by TurnKey Linux