Published 23 February 2017, updated 2 March 2017:
One commercial property in Otahuhu sold under the hammer and another in Penrose (pictured) sold a few minutes later at Barfoot & Thompson’s commercial auction on 23 February.
A third property, in the Surrey Crescent shops, didn’t attract a bid but was sold post-auction.
71 Portage Rd, unit F:
Features: 66m² unit, previously a lunch bar at front of light industrial precinct, 5 parking spaces
Outcome: sold for $310,000
Agent: Mike Jensen
26 Botha Rd:
Features: vacant 895m² light industrial site, 2 warehouses of 239m² & 355m², parking
Outcome: passed in at $1.15 million, sold shortly after for $1.25 million
Agents: Nick Wilson & James Marshall
Updated: 604 Great North Rd:
Features: 153m² standalone retail property at the Surrey Crescent shops, rear access (1/16 share in right of way), onsite parking
Rent: $30,500/year on lease running until November 2018
Outcome: no bid, sold post-auction for $890,000
Agents: Marie-Anne Molloy