Archive | Albert St

Last preparations start for rail tunnel excavation

Auckland’s city rail link project entered the final stage of preparation works on Albert St last week before tunnel construction works begin.

The top 1.5m of road surface is being removed on the eastern side of Albert St between Wyndham & Swanson Sts before installation of the second half of the temporary steel work required to support the walls of the trench in which the future rail tunnels will be constructed.

Auckland Transport said: “Any utility services that remain in this top portion of the road will be temporarily supported on the steel work to ensure there is no disruption to local residents & businesses.”

In a few weeks, a temporary deck will be constructed over the top of these steel struts, which will provide working room over the top of the trench for excavators & haulage trucks.

“A lane of traffic will be maintained in each direction throughout these works.

“On the remainder of Albert St between Swanson & Customs Sts, work continues to tie together & brace the 20m-deep piles installed to support the trench walls.

“Excavation also began last week on the third portion of the traffic deck being constructed at the Customs/Albert St intersection. When all 4 sections of the deck are completed in September, they will form a bridge structure that spans the entire intersection, allowing all 4 traffic lanes to be re-established while the rail link tunnels are constructed underneath.”

Link:
Auckland Transport, city rail link web page

Attribution: Auckland Transport release.

Continue Reading

5 apartments sell at Bayleys auction

5 of the 8 apartments & suburban intensive units auction at Bayleys on Wednesday were sold under the hammer. Another apartment on the auction list was sold prior.

CBD

Albert St

Prince Albert, 41 Albert St, unit 4E:
Features: 121m², 2-bedroom split-level apartment, 2 bathrooms, deck, balcony
Outgoings: rates $2064/year including gst; body corp levy $13,628/year
Outcome: sold prior for $775,000
Agents: Diane Jackson & Julie Prince

Learning Quarter

Westminster Court, 5 Parliament St, unit GB:
Features: fully furnished one-bedroom character apartment, high stud, storage locker, secure parking space
Outgoings: rates $1595/year including gst; body corp levy $4021/year + special one-off levy of $1562
Outcome: sold for $770,000
Agents: Julie Prince & Diane Jackson

Uptown

Scotia Tower, 8 Scotia Place, unit 8B:
Features: fully furnished one-bedroom apartment
Outgoings: body corp levy $3286/year
Income assessment: $557/week current
Outcome: sold for $112,000
Agent: Marcus Fava

Isthmus east

Parnell

Aero, 27 Cheshire St, unit 15:
Features: m², double-glazed 2-bedroom apartment, high stud, secure basement parking space
Outgoings: body corp levy $5203/year
Outcome: passed in
Agent: Chris Reeves

Remuera

721 Remuera Rd:
Features: cross-lease, 1/7 share in 1447m², 3-bedroom duplex, double garage
Outcome: sold for $810,000
Agent: Murray Wallace

St Heliers

66 St Heliers Bay Rd, unit 1:
Features: about 190m², 3-bedroom, 2-bathroom elevated garden apartment, lift, double internal garage
Outcome: passed in
Agents: Murray Wallace & Hamish McKay

Isthmus west

Eden Terrace

2H Diamond St:
Features: refurbished 2-bedroom terrace, 2 parking spaces
Outgoings: rates $1628/year including gst; body corp levy $1931/year
Outcome: sold for $580,000
Agent: Blair Haddow

Grey Lynn

19 Surrey Crescent, unit 204:
Features: double-glazed 2-bedroom apartment, 2 bathrooms, 2 secure basement parking spaces, 2 storage lockers
Outgoings: rates $2170/year including gst; body corp levy $6239/year
Outcome: passed in
Agent: Blair Haddow

Sandringham

34 Watea Rd, unit 3:
Features: cross-lease, 1/8 share in 1227m², 2-bedroom unit, garage
Outcome: sold for $652,000
Agents: Summer Sun & Kalala Lavea

Attribution: Auction.

Continue Reading

3 apartments & 2 suburban units sell at Barfoots

3 apartments were sold at Barfoot & Thompson’s city auctions yesterday out of 8 on offer, and 2 of the 4 suburban units were sold. The sales included a unit in City Gardens (pictured), where owners have succeeded in leaky building litigation but the work hasn’t been done yet.

A commercial office unit in Mt Wellington didn’t attract a bid.

CBD

Albert St

City Gardens, 76 Albert St, unit 19K:
Features: 42m², one bedroom, parking space
Outgoings: body corp levy $581/year; estimated remediation levy $24,735 on top of payment from litigation claim
Outcome: sold for $306,000
Agents: Sarah Garlick & Estee Zeng

Learning Quarter

Eden Hall, 3 Eden Crescent, unit 6:
Features: 90m², 2 bedrooms, garage
Outgoings: body corp levy $6294/year
Outcome: sold for $960,000
Agents: Liz Derbyshire & Leo Shin

Uptown

Avoka, 31 Day St, unit 4C:
Features: 81m², fully furnished one bedroom, parking space
Outgoings: body corp levy $7370/year
Outcome: no bid
Agents: Selina Zheng & Tommy Zhang

Chatham, 70 Pitt St, unit 506:
Features: 67m², 2 bedrooms, storage locker, parking available
Outgoings: body corp levy $4837/year
Outcome: passed in
Agents: Luke Shi & Alexander Kramarenko

Bianco off Queen, 8 White St, unit 9C:
Features: 54m², 2 bedrooms, balcony
Income assessment: not in hotel management, rent assessment $600/week
Outcome: auction postponed until Thursday 23 March
Agents: Annie Xu & Sean Zhang

Victoria Quarter

Grand Chancellor, 1 Hobson St, unit 603:
Features: 57m², one bedroom, parking space, storage locker
Outgoings: body corp levy $4592/year
Outcome: sold for $633,000
Agent: Aaron Cook

Grand Chancellor, 1 Hobson St, unit 704:
Features: 56m², fully furnished 2 bedrooms, storage locker
Outgoings: body corp levy $4169/year
Outcome: no bid, back on market at $595,000
Agent: Aaron Cook

Hobson Gardens, 196 Hobson St, unit 11B:
Features: 100m² sub-penthouse, 2 bedrooms, 2 bathrooms, enclosed balcony, 2 parking spaces
Outgoings: body corp levy $10,070/year, special levy set for further remedial works
Outcome: no bid, back on market at $868,000
Agent: Michele Ballinger

Regatta Court, 92 Nelson St, units A & B:
Features: 2 units on ground floor, no bedrooms or bathrooms, leased to hotel management
Outgoings: body corp levy $1615/year
Income assessment: $20,224.80/year net + gst
Outcome: passed in, back on market at $425,000
Agents: Wendy Feng & Jack Li

Isthmus east

Mt Wellington

6 Faber Avenue, unit 1:
Features: cross-lease, half share in 1168m², 2-bedroom duplex, deck, double garage & carport
Outcome: no bid
Agents: Samantha Chaudhry & Leo Perera

Panmure

68 Ireland Rd, unit 2:
Features: 3-bedroom unit, parking space
Outgoings: body corp levy $1268/year
Outcome: sold for $582,500
Agents: Mark Tung & Michelle Mi

Isthmus west

Mt Albert

17 Owairaka Avenue, unit 3:
Features: cross-lease, 1/3 share in 766m², 2-bedroom unit, garage
Outcome: sold for $735,000
Agent: Les Walbridge

North-west

New Lynn

11B Akehurst Avenue:
Features: cross-lease, 1/3 share in 1011m², 2-bedroom unit, deck, carport
Outcome: no bid
Agent: Ricky Fan

Commercial

Isthmus east

Mt Wellington

161 Marua Rd, unit 2:
Features: 113m², first-floor office & showroom, kitchen, storage, 3 parking spaces
Outcome: no bid
Agents: Mike Jensen

Attribution: Auctions.

Continue Reading

5 apartments sell in new Bayleys auctionroom

5 of 7 apartments auctioned at Bayleys on Wednesday were sold under the hammer, as the agency conducted the first auction at the new Bayleys House on Gaunt St in the Wynyard Quarter.

Both units in the 1920s Prince Albert building on Albert St were sold and a penthouse in the leak-damaged Luna Apartments in Grafton (pictured) was also sold, although it still has to undergo an expensive remediation project.

CBD

Albert St

Prince Albert, 41 Albert St, unit 3C:
Features: one bedroom, balcony
Outgoings: body corp levy $4342/year
Outcome: sold for $455,000
Agents: Julie Prince & Diane Jackson

Prince Albert, 41 Albert St, unit 3D:
Features: 2 bedrooms, balcony
Outgoings: body corp levy $8834/year
Outcome: sold for $640,000
Agents: Julie Prince & Diane Jackson

Learning Quarter

Brooklyn, 66 Emily Place, unit 32:
Features: one bedroom
Outgoings: rates $1189/year including gst; body corp levy $4208/year
Outcome: no bid
Agents: Julie Prince & Diane Jackson

Uptown

Bianco off Queen, 8 White St, unit 9E:
Features: dual key – 2-bedroom apartment plus self-contained studio on one title, parking space
Outgoings: rates $1696/year including gst; body corp levy $9561/year
Income assessment: $900/week current
Outcome: passed in at $580,000
Agents: Dave Hamlyn & Walter Thompson

Isthmus east

Grafton

Luna Apartments, 16 Burton St, unit 6C:
Features: 2-bedroom penthouse, 2 bathrooms, 2 secure parking spaces; body corporate is working towards a remediation estimated last year at $18 million for the 122-unit building
Outgoings: rates $1701/year including gst; body corp levy $5078/year
Outcome: sold for $393,000
Agents: Dave Hamlyn & Walter Thompson

Mission Bay

2 Atkin Avenue, unit 4:
Features: leasehold, quarter share in 1107m², 4/105 share in 594m², 142m² on 2 levels, 3 bedrooms, 2 bathrooms, 2 parking spaces
Income assessment: rent $138,000/year on 21-year lease from April 2014, with maintenance conditions
Outcome: sold for $260,000
Agents: David Anderson & Hamish Duke

Parnell

Hemisphere, 11 Augustus Terrace, unit 1G:
Features: 90m², 2 bedrooms, 2 bathrooms, balcony, 2 parking spaces
Outgoings: rates $2132/year including gst; body corp levy $5821/year
Outcome: sold for $780,000
Agents: Chris Reeves & Amy Hain

Attribution: Auction.

Continue Reading

Barclay apartment sells at auction

One apartment in the Barclay on Albert St sold at Ray White City Apartments’ auction today, but the other on offer, in the Meridian off Karangahape Rd, didn’t attract a bid.

CBD

Albert St

Barclay, 70-74 Albert St, unit 2003:
Features: 45m², one bedroom, 7m² balcony
Outgoings: rates $3210/year including gst; body corp levy $4913/year
Income assessment: $500-550/week furnished
Outcome: sold for $402,000; 6-month settlement to get it out of the hotel pool
Agent: Steve King

Uptown

Meridian, 11 Howe St, unit 2G:
Features: 47m², 2 bedrooms, balcony
Outgoings: rates $1118/year including gst; body corp levy $3791/year
Income assessment: $550-580/week furnished
Outcome: no bid
Agents: Mitch Agnew & Ryan Bridgman

Attribution: Auction.

Continue Reading

Warehouse, 2 cross-leases & a multi-unit property sell

A Mt Wellington warehouse, 2 residential cross-leases and property with 4 units on the one title were sold at Barfoot & Thompson auctions over the last 2 days.

Units in City Gardens & the Celestion were passed in, one in Tower Hill was sold prior and one in the Metropolis was withdrawn from auction.

Commercial

Isthmus east

Mt Wellington

48 Elizabeth Knox Place:
Features: 1937m² section, 811m² warehouse with about 500m² of mezzanine storage, 67m² ground-floor amenities & office, 42m² mezzanine amenities
Outcome: sold for $2.15 million
Agent: Mike Jensen

Apartments

CBD

Albert St

City Gardens, 76 Albert St, unit 23A:
Features: 59m², 2-bedroom corner apartment
Outgoings: body corp levy $4518/year; special remediation levies have been paid in full and the unit has an indicative settlement share of $133,889 to cover further costs; current ballpark estimates of remediation are about $22 million including gst
Outcome: passed in, back on the market at $449,000
Agents: Livia Li & Alan Guo

Kitchener St

Metropolis, 1 Courthouse Lane, unit 1010:
Features: one bedroom
Outgoings: body corp levy $4072/year
Outcome: withdrawn from auction
Agent: Paul Neshausen

Learning Quarter

Celestion, 19 Anzac Avenue, unit 302:
Features: 56m², air-conditioned 2-bedroom apartment, 11m² balcony
Outgoings: body corp levy $4284/year
Outcome: passed in
Agent: Jason Buckwell

Tower Hill, 1 Emily Place, unit 10C:
Features: 2 bedrooms, parking space, storage locker
Outcome: sold prior
Agent: Aaron Cook

Isthmus east

Grafton

31 Boston Rd:
Features: 151m² 4-bedroom apartment, mezzanine lounge, private courtyard; 112m² 2-bedroom apartment, balcony; 87m² 3-room office space; 158m² warehouse, 7 offstreet parking spaces; total 530m²
Outcome: auction postponed until Thursday 9 March at 10am
Agents: Ross & Joss Goodall

Mission Bay

63 Selwyn Avenue, unit 5:
Features: cross-lease, 1/6 share in 1038m², 2-bedroom unit, carport
Outcome: sold for $696,500
Agents: Jane & David Wang

Mt Wellington

36A Harding Avenue:
Features: 1149m² section, 4 one-bedroom units on one title, 4 carports
Income assessment: $66,560/year appraisal in present condition
Outcome: on the market at $1.21 million, sold for $1.76 million
Agent: Rain Diao

Onehunga

95N Mays Rd:
Features: 80m² 2-bedroom terrace, patio, 2 parking spaces
Outgoings: body corp levy $561/year, but $66,792 in special remediation levies was raised last year, estimated to be 60% of remediation costs; the body corporate has a claim before the Weathertight Home Resolution Service
Outcome: passed in, back on market at $598,000
Agents: Su Ma & Hattie Huo

Parnell

15 Augustus Terrace, unit 2C:
Features: one bedroom, parking space, storage unit
Outcome: no bid, back on market at $495,000
Agents: Jill Jackson & Emma John

25 Cheshire St, unit A3:
Features: one-bedroom apartment, balcony, tandem parking
Outgoings: body corp levy $4296/year
Outcome: no bid
Agents: Michael & Tatyana Ataman

Isthmus west

Avondale

6 Elm St:
Features: 1012m² section, 3-bedroom villa & adjoining 12-bedroom extension, 2 bathrooms, 3 living areas, 6 offstreet parking spaces
Outcome: no bid, back on market at $1.999 million
Agent: Jason Li

Grey Lynn

34 Prime Rd:
Features: cross-lease, half share in 617m², 5-bedroom bungalow, 2 bathrooms, 2 parking spaces
Outcome: auction brought forward after $1.52 million offer was acceptable, sold under the hammer for $1.647 million
Agents: Repeka Lelaulu

South

Pakuranga

25 Pandora Place:
Features: 726m² section, 2 one-bedroom units & one 2-bedroom unit, garage, 2 carports, 3 other parking spaces
Outcome: passed in
Agent: Rain Diao

Attribution: Auction.

Continue Reading

New auctionroom isn’t supported by first results

A new auctionroom (one floor up, same building at 445 Karangahape Rd) and a large crowd in for City Sales’ first auction of the year didn’t help with the results. All 4 apartments on offer were passed in.

For the last of them, a leasehold unit on Princes Wharf, auctioneer Kim Spark was looking for bids over $400,000 and was hardly impressed with offers of $110,000 & $150,000. It took 6 bids to reach his preferred starting range and the apartment was passed in at $415,000.

Before that, 2 units in the Citta building at the corner of Symonds St & Khyber Pass Rd and one in the Prince Albert on Albert St attracted only a handful of bids between them.

CBD

Albert St

Prince Albert, 41 Albert St, unit 2F:
Features: 85m², 2 bedrooms, 1½ bathrooms, deck, parking space
Outgoings: rates $1544/year including gst for unit, $906 for parking; body corp levy $8175/year for unit, $337 for parking
Outcome: passed in after bid at $450,000 vendor raise to $475,000
Agents: Tania Toparea

Waterfront

Princes Wharf, 143 Quay St, shed 24, unit 34:
Features: leasehold, 119m², 2 bedrooms, 2 bathrooms, 55m² deck, parking lease option possible
Outgoings: rates $3648/year including gst; body corp levy $18,259/year opex, ground lease $15,327/year
Outcome: passed in at $415,000
Agents: Anna Birkenhead

Isthmus east

Grafton

Citta, 182-186 Symonds St, unit 315:
Features: 67m², 2 bedrooms, parking space
Outgoings: rates $1587/year including gst; body corp levy $4567/year
Outcome: passed in at $530,000
Agents: Lucy Piatov & Chris Bell

Citta, 182-186 Symonds St, unit 421:
Features: 28m² studio, parking space
Outgoings: rates $1017/year including gst; body corp levy $2514/year
Outcome: passed in at $312,000
Agents: Lucy Piatov & Chris Bell

Attribution: Auction.

Continue Reading

Barclay Suites unit sells

The one property listed at City Sales’ last auction for the year, a one-bedroom unit in Barclay Suites, was sold under the hammer yesterday. City Sales’ next auction is scheduled for Wednesday 1 February at 12.30pm.

CBD

Albert St

Barclay Suites, 74 Albert St, unit 2304:
Features: 45m², one bedroom, Juliet balcony
Outgoings: rates $3257/year including gst; body corp levy $5078/year
Outcome: sold for $365,000
Agent: Anna Birkenhead

Attribution: Auction.

Continue Reading

7 apartments sell at Ray White auction

7 apartments were sold after some spirited bidding at Ray White City Apartments’ auction today, and then, in contrast, the last 3 on the auction list were passed in without a bid on any of them.

A corner apartment in the Statesman (pictured), across the street from the High Court, was the first to sell, but a studio in the same block failed to attract a bid.

CBD

Albert St

City Gardens, 76 Albert St, unit 24F & parking space on separate title:
Features: 59m², fully furnished 2-bedroom penthouse, balcony, parking space on separate title; building litigation settled, remediation yet to start
Outgoings: rates $1392/year including gst for unit, parking $139/year; body corp levy $5139/year, parking $559/year
Income assessment: unit $510/week until March, parking $60/week
Outcome: sold for $526,000
Agents: Victor Liu

Learning Quarter

Argent Hall, 2 Eden Crescent, unit 3E:
Features: 31m² furnished studio
Outgoings: rates $1063/year including gst; body corp levy $2810/year
Income assessment: $395/week current
Outcome: no bid
Agents: Judi & Michelle Yurak

The Statesman, 1 Parliament St, unit 613:
Features: 30m² fully furnished studio, balcony, storage locker
Outgoings: rates $1177/year including gst; body corp levy $2325/year
Outcome: no bid
Agents: Victor Liu

The Statesman, 1 Parliament St, unit 903:
Features: 66m² corner apartment, 2 bedrooms, 27m² wraparound balcony, storage locker, parking space
Outgoings: rates $1937/year including gst; body corp levy $4875/year
Income assessment: $685/week current
Outcome: sold for $760,000
Agents: Judi & Michelle Yurak

Quay Park

Mirage, 88 The Strand, unit 204:
Features: 38m² internal, 14m² patio, one bedroom, storage locker, parking space
Outgoings: rates $1164/year including gst; body corp levy $7055/year including ground rent, after prompt payment discount
Income assessment: $430/week unfurnished
Outcome: sold for $207,500
Agents: Dominic Worthington

Uptown

508 Queen St, unit 2E:
Features: 29m² including balcony, furnished studio one bedroom, building consent awaited to start remedial work
Outgoings: rates $898/year including gst; body corp levy $2337/year
Income assessment: $350/week
Outcome: sold for $181,000
Agents: Dominic Worthington

Eclipse, 156 Vincent St, unit 7E:
Features: 41m², one bedroom
Outgoings: rates $1189/year including gst; body corp levy $3556/year
Income assessment: $450-480/week
Outcome: sold for $365,000
Agents: Keisha Gutierrez

Eclipse, 156 Vincent St, unit 7N:
Features: 62m², 2 bedrooms,
Outgoings: rates $1494/year including gst; body corp levy $4605/year
Income assessment: $530-575/week furnished
Outcome: no bid
Agents: Ryan Bridgman & Mitch Agnew

Victoria Quarter

Columbia on Nelson, 15 Nelson St, unit 3Y:
Features: 52m², one bedroom, storage locker, parking space, remediation code compliance certificate issued
Outgoings: rates $1380/year including gst; body corp levy $2802/year
Income assessment: $450/week, fixed until Marc
Outcome: sold for $463,500
Agents: Damian Piggin & Daniel Horrobin

Zest, 72 Nelson St, unit 621:
Features: 37m², 2 bedrooms, parking space
Outgoings: rates $1164/year including gst; body corp levy $4864/year
Income assessment: $400-450/week unfurnished
Outcome: passed in at $350,000
Agents: Ryan Bridgman & Mitch Agnew

North-east

Takapuna

Spencer on Byron, 9-17 Byron Avenue, unit 1103:
Features: 30m² furnished studio, in hotel pool with option to exit on 6 months’ notice
Outgoings: rates $1723/year including gst; body corp levy $2003/year
Outcome: sold for $190,000 + gst
Agents: Gillian Gibson & James Mairs

Attribution: Auction.

Continue Reading

One sells & one passed in at 18 Federal

One apartment at 18 Federal St (pictured) was sold and another passed in at Barfoot & Thompson’s apartments auction today. A cross-leased property in Forrest Hill was also sold, the other 3 properties on the auction list attracted no bid and 3 more were sold before the auction.

CBD

Albert St

Quay West, 8 Albert St, unit 1402:
Features: 74m², fully furnished one bedroom, balcony
Outgoings: body corp levy $6323/year
Outcome: no bid
Agent: Joy Hu

Federal St

The Federal, 18 Federal St, unit 3F:
Features: 49m², one bedroom, high stud
Outgoings: rates $/year including gst; body corp levy $3015/year
Income assessment: $/week
Outcome: sold for $439,000
Agents: Stephen & Leo Shin

The Federal, 18 Federal St, unit 5F:
Features: one bedroom
Outgoings: body corp levy $3123/year
Outcome: passed in at $440,000
Agents: Stephen Shin & Richard Han

Federal Apartments, 207 Federal St, unit 906:
Features: 2 bedrooms
Outgoings: body corp levy $5247/year
Outcome: no bid
Agents: Rita Herceg & Alex Allan

Learning Quarter

Silo, 23 Emily Place, unit 4N:
Features: studio, deck, parking space
Outcome: sold prior
Agents: Stephen & Leo Shin

Metro City, 82 Wakefield St, unit 12B:
Features: fully furnished studio, balcony, storage locker
Outcome: sold prior
Agents: Selina Zheng & Tommy Zhang

Victoria Quarter

H47, 47 Hobson St, unit 810:
Features: 45m², one bedroom
Outgoings: body corp levy $3530/year
Outcome: no bid
Agents: Stephen Shin & Richard Han

Fiore, 152 Hobson St, unit 411:
Features: 55m², fully furnished one bedroom, storage locker, parking space
Outgoings: rates $1316/year including gst; body corp levy $2914/year
Income assessment: $500-520/week
Outcome: sold prior
Agents: Selina Zheng & Tommy Zhang

North-east

Forrest Hill

138 Forrest Hill Rd, unit 2:
Features: cross-lease, half share in 809m², 3 bedrooms, 2 bathrooms, deck, double garage
Outcome: sold for $930,000
Agents: George Fong & Laura McAuley

Attribution: Auction.

Continue Reading
WordPress Appliance - Powered by TurnKey Linux