Archive | Isthmus west

4 apartments sell at Ray White auction

4 of the 6 apartments & townhouses auctioned at Ray White City Apartments yesterday were sold under the hammer.

CBD

Learning Quarter

Connaught, 14 Waterloo Quadrant, units 5A & 5L:
Features: 130m², 2 bedrooms, 2 bathrooms, balcony, 2 storage lockers, secure parking space
Outgoings: rates $2539/year including gst; body corp levy 5A $5245/year, 5L $5032/year (currently includes 2 parking spaces)
Income assessment: $850-895/week furnished, $2100/week furnished & serviced
Outcome: sold for $1.25 million
Agents: Adele Keane & Dusan Valenta

Uptown

Verandahs, 36 Boardman Lane:
Features: 55m², 2 bedrooms, deck, parking space
Outgoings: rates $1214/year including gst; body corp levy $4790/year
Outcome: sold for $425,000
Agents: Adele Keane & Dusan Valenta

Victoria Quarter

Ascent, 149 Nelson St, unit 515:
Features: 39m², one bedroom, parking space; code compliance certificate awaited following remediation, stage 2 remedial works due to start
Outgoings: rates $1007/year including gst; body corp levy $3064/year
Income assessment: $410/week, fixed until April
Outcome: sold for $255,000
Agents: Damian Piggin & Daniel Horrobin

Isthmus east

Parnell

Quest Parnell, 6-8 Heather St, unit 310:
Features: 30m² studio, leased to Quest Hotel until 2023
Outgoings: rates $4461/year including gst; body corp levy $2552/year
Income assessment: $17,640/year including gst, review due April 2018
Outcome: passed in, back on market at $235,000 + gst
Agent: Susanne Bussell

Isthmus west

Eden Terrace

70 Randolph St, unit 3:
Features: 80m², renovated 2-bedroom townhouse, internal-access parking space
Outgoings: rates $1542/year including gst; body corp levy $2403/year
Income assessment: $650-700/week furnished
Outcome: sold for $642,000
Agents: Mitch Agnew & Krister Samuel

Mt Eden

42 Harold St:
Features: 120m², 2 bedrooms, study, double garage
Outgoings: rates $1804/year including gst; body corp levy $3277/year
Income assessment: $700-750/week furnished
Outcome: no bid
Agent: Krister Samuel

Attribution: Auction.

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3 apartments sell at auction

3 apartments were sold at Bayleys’ city auction today and 2 townhouses were passed in. The units included 2 with remediation issues – one sold.

CBD

Learning Quarter

Connaught, 14 Waterloo Quadrant, unit 8C (building pictured):
Features: one bedroom, deck, storage locker, secure parking space
Outgoings: rates $1825/year including gst; body corp levy $5032/year
Outcome: sold for $600,000
Agents: Diane Jackson & Julie Prince

Victoria Quarter

First Imperial, 125A Hobson St, unit 10B:
Features: 96m², 2 bedrooms, balcony, parking space
Outgoings: body corp levy $6709/year
Income assessment: $680-700/week
Outcome: sold for $592,000
Agent: Sam Yeung

Isthmus east

Grafton

Luna, 16 Burton St, unit 5K:
Features: 2 bedrooms, 2 bathrooms, custom storage shelving, deck, secure parking space; remediation underway, apartment sold on “as is” basis with no further levy liability for the vendor
Outgoings: body corp levy $4725/year
Outcome: sold for $368,500
Agents: Dave Hamlyn & Wendy Nichols

Isthmus west

Grey Lynn

35 Turakina St, unit 6:
Features: one-bedroom unit, parking space
Outgoings: rates $1359/year including gst; body corp levy $2356/year
Outcome: passed in at $450,000
Agent: Blair Haddow

Mt Eden

Mountview Village, 86 Harold St, unit BU
Features: 2-level one-bedroom townhouse, study, parking space; the body corporate settled a remediation claim in 2012, the building has been reclad and code compliance certificate issued, but the contractor & owners are now in dispute on costs
Outgoings: rates $1467/year including gst; body corp levy $2409/year
Outcome: passed in at $530,000
Agents: Dave Hamlyn & Wendy Nichols

Attribution: Auction.

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Bidding war for Lighter Quay investment

Competition was tough at Ray White City Apartments’ auction today for a Lighter Quay Pavilion (pictured) leasehold unit, which has a record of high returns from short & medium-stay rents.

An Eden Terrace apartment was passed in.

CBD

Wynyard Quarter

Lighter Quay Pavilion, 79 Halsey St, unit 215:
Features: leasehold, 58m², one bedroom, secure basement parking space
Outgoings: rates $1656/year including gst; body corp levy $3100/year, ground rent $2920/year
Income assessment: $155/night shortstay currently; appraisals $155-170/night shortstay, $530-570/week long-term stay
Outcome: sold for $235,000
Agent: Krister Samuel

Isthmus west

Eden Terrace

Newton Rise, 121 Newton Rd, unit 3A:
Features: 93m², 2 bedrooms, balcony, parking space
Outgoings: rates $1545/year including gst; body corp levy $4772/year
Outcome: passed in at $600,000
Agents: Jean Ooi

Attribution: Auction.

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Suburban unit sells, dual-key studios & development prospects passed in

A cross-leased Sandringham unit (pictured) sold under the hammer at Barfoot & Thompson’s city auction today, but dual-key studios in the Queens Residences attracted no bid.

At Barfoot’s auction yesterday, a Glen Eden property with consent for townhouses and a Sunnyvale property also zoned mixed housing urban were passed in, again without attracting a bid between them.

CBD

Uptown

Queens Residences, 8 Airedale St, unit 1312:
Features: dual key, 2 studio units on one title, one of 30m², the other of 32m² & 8m² balcony
Outgoings: rates $2753/year including gst; body corp levy $3450/year
Income assessment: unit A $800/fortnight, fixed until 4 December; larger unit B $400/week fixed until November 2018
Outcome: no bid
Agents: Stephen Shin & Yasu Ka

Isthmus west

Sandringham

26 Locarno Avenue, unit 1:
Features: cross-lease, 1/3 share in 749m², 2-bedroom unit, conservatory, tandem garage with workshop
Outcome: sold for $846,000
Agents: Ivy Wong & Carol Fraser

North-west

Glen Eden

37 Ambler Avenue:
Features: 1029m² section, 3-bedroom house owned by foreign investor, zoned mixed housing urban, resource consent granted for 6 terrace townhouses
Outcome: no bid
Agents: Lunar Zhang & Nicole Sun

Sunnyvale

7 & 9 Awaroa Rd:
Features: 2119m² corner site in 2 titles, 2 houses, zoned mixed housing urban; No 7 857m², 1950s weatherboard house; No 9 1262m², 1930s weatherboard house; in an area of recently developed terraces & standalone homes
Income assessment: fixed-term tenancies of $500/week (No 7), $520/week (No 9)
Outcome: no bid
Agents: Lunar Zhang & Nicole Sun

Attribution: Auctions.

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Penthouse & warehouse conversion sell

2 unusual apartments – one a penthouse atop a commercial building & reached by a glass exterior lift, the other a converted warehouse – were sold under the hammer at Bayleys’ city auction yesterday.

Image above: Looking north from the penthouse at 2 Emily Place, on the eastern fringe of the cbd.

It was a slow journey for both, with vendor bids from the auctioneer at an early stage and plenty of negotiating outside the auctionroom before sales were concluded.

The 1980s cbd penthouse is one of 2 apartments sitting above 7 commercial floors across the intersection from Britomart and was built around the time developers were switching their focus to building much smaller units for a new kind of demand.

The Grey Lynn conversion, on the ground floor with 2 flats above it and amid a commercial & residential mix on the motorway side of Great North Rd, with a primary school across the street, is even more spacious and still strongly bears its industrial roots.

CBD

Learning Quarter

2 Emily Place, unit 9:
Features: 183m² refurbished north-facing penthouse, 3 bedrooms, 2 bathrooms including ensuite with spa bath, 2 staircases up to bedrooms, 30m² balcony, parking space
Outgoings: body corp levy $14,121/year
Outcome: sold for $1.62 million
Agents: Cheryl Regan & Harry Cheng

Isthmus west

Grey Lynn

Inside the conversion at 10 Monmouth St, Grey Lynn.

10 Monmouth St:
Features: on cross-lease, half share in 315m², peppercorn 10c/year 999-year lease, 245m² high stud converted warehouse with 2 mezzanine floors, roller-door access, 2 bedrooms, 2 parking spaces; fitout includes sound room & editing suite; resource consent as warehouse, offered “as is, where is”
Outcome: sold for $1.45 million
Agents: James Were & Scott Kirk

Attribution: Auction.

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Half Moon Bay unit sells, Shelly Beach Rd passed in

A Half Moon Bay unit in walking distance from the ferry was sold under the hammer at Bayleys’ suburban residential auctions last week.

2 units up from the harbour bridge on Shelly Beach Rd, St Marys Bay, were passed in when offered together & separately.

The agency did well at its city branch auction on Wednesday, selling 4 of the 6 apartments offered.

Isthmus west

St Marys Bay

20 Shelly Beach Rd, units 1 & 16:
Features: 2 2-bedroom apartments, each with 2 parking spaces
Outcome: both units passed in
Agents: John Howard & Margaret Politis

South

Half Moon Bay

121 Prince Regent Drive, unit 1:
Features: 2-bedroom unit, study area, internal-access garage, walk to ferry
Outcome: sold for $750,000
Agent: Odelle Cornes

Earlier story:
5 October 2017: 4 apartments out of 6 sell at auction

Attribution: Agency auctions release.

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One unit out of 5 sells at Barfoot auctions

One suburban unit sold post-auction out of 5 offered at 3 sessions at Barfoot & Thompson’s city office last week.

The unit sold was in Greenlane. A SugarTree apartment in the city centre didn’t receive a bid.

In the agency’s Thursday morning apartments auction session, one of the 2 units sold under the hammer.

CBD

Victoria Quarter

SugarTree, 27 Union St, unit 514:
Features: 49m², one-bedroom apartment, study, balcony, parking pace
Income assessment: $500/week + $70/week for parking, fixed until February
Outcome: no bid
Agents: Ivy Ong & Tom Chiu

Isthmus east

Greenlane

30 Garland Rd, unit 2:
Features: 2-bedroom unit, deck, double garage
Outcome: sold post-auction
Agents: Helen Lam & Wendy Sadd

Isthmus west

Mt Roskill

1542 Dominion Rd Extension, unit 2:
Features: 3-bedroom unit, study, internal-access garage
Outcome: no bid
Agents: Eric Xie & Lindsay Hooke

24 Princes Avenue, unit 3:
Features: 67m², 2-bedroom unit, garage
Outcome: passed in at $710,000, back on market at $839,000
Agent: Dee Brennan

North-west

Te Atatu South

35A Coniston Avenue, unit 1:
Features: 2-bedroom unit, internal-access garage
Outcome: passed in
Agents: Fleur Reece & Angela Light

Attribution: Auctions.

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4 apartments out of 6 sell at auction

4 of the 6 city centre & western fringe apartments auctioned at Bayleys yesterday were sold under the hammer.

The high success rate started with a new unit in the 20-apartment Aria development on Vinegar Lane, one back from Ponsonby Rd, and continued with sales in the Brooklyn, Statesman & 8 Hereford Residences.

CBD

Federal St

Federal Court, 198 Federal St, unit 4D:
Features: 116m², 5 bedrooms, 2 bathrooms, balconies
Outgoings: body corp levy $7714/year
Outcome: sold in August 2016 for $690,000, passed in at $725,000
Agents: Julie Prince & Diane Jackson

Learning Quarter

Brooklyn, 66 Emily Place, unit 13:
Features: one bedroom
Outgoings: body corp levy $4461/year
Income assessment: $490/week, fixed until mid-February
Outcome: sold for $580,000
Agents: Julie Prince & Diane Jackson

Statesman, 1 Parliament St, unit 608:
Features: 2 bedrooms, built-in wardrobes, wraparound deck, parking space
Outgoings: rates $2046/year including gst; body corp levy $5842/year
Outcome: sold for $811,000
Agents: Dave Hamlyn & Wendy Nichols

Uptown

8 Hereford Residences, 8 Hereford St, unit 1803:
Features: 102m² internal, 16m² covered deck, 2 bedrooms, 2 bathrooms, 2 side-by-side parking spaces, storage
Outgoings: body corp levy $5636/year
Outcome: sold for $1.436 million
Agents: Suzie Paine & Trent Quinton

Victoria Quarter

Hobson Lofts, 203 Hobson St, unit 6:
Features: 2 bedrooms, 2 bathrooms, upstairs office nook, tandem parking spaces
Outgoings: body corp levy $5820/year
Outcome: no bid
Agents: Diane Jackson & Julie Prince

Isthmus west

Grey Lynn

Aria, 11 Vinegar Lane, unit 503:
Features: one-bedroom corner apartment, flexi-room, vaulted ceilings, floor-to-ceiling doors, balcony, basement parking space, storage locker
Outgoings: body corp levy $4110/year
Outcome: sold for $825,000
Agent: Blair Haddow

Attribution: Auction.

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5 apartment & suburban unit auction sales for Barfoots

An apartment in the new Fiore 2 (pictured), across Cook St from the central police station, and 3 suburban units sold under the hammer at Barfoot & Thompson’s city auctions this week. A Newmarket apartment sold post-auction.

CBD

Learning Quarter

4 Seasons, 22 Emily Place, unit 1H:
Features: 26m² studio, 3.7m stud
Outgoings: rates $1070/year including gst; body corp levy $3477/year
Income assessment: $330/week, fixed until January
Outcome: passed in at $210,000
Agents: Zoran Farac & Leo Shin

Victoria Quarter

Fiore 2, 168 Hobson St, unit 101:
Features: 53m², one bedroom
Outgoings: rates $1640/year including gst; body corp levy $2233/year
Income assessment: $470/week current, appraisal $480-520/week
Outcome: sold at pre-auction on Tuesday for $408,000
Agents: Stephen Shin & Justin Choi

Isthmus east

Meadowbank

7A Archdall St:
Features: cross-lease, half share in 677m², 2-bedroom unit, garden, patio, double garage
Outcome: sold for $870,000
Agents: Andy Dye & Andrew Pender

Mt Wellington

27 Rutland Rd, unit 1:
Features: cross-lease, quarter share in 1011m², 2-bedroom unit, deck, garden, internal-access garage
Outcome: sold for $739,000
Agents: Carolyn & Peter Brooks

Newmarket

2B Laxon Terrace:
Features: 2 bedrooms, covered terrace, 2 side-by-side parking spaces
Outcome: passed in at $800,000, sold post-auction
Agent: Liz Derbyshire

Isthmus west

Kingsland

68C Fourth Avenue:
Features: one bedroom, private garden, carport
Outcome: sold for $489,000
Agent: Jo Pickering

Attribution: Auctions.

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4 industrial property sales for Colliers

The Vijay Frame & Truss business and clothing company AS Colour Holdings Ltd’s head office & distribution facility, both in Henderson, have been sold through Colliers.

In Grey Lynn, a small light industrial building on Mackelvie St has been sold, and a Christchurch warehouse has been sold.

Isthmus west

Grey Lynn

36 Mackelvie St:
Features: light industrial building, 4 parking spaces
Outcome: sold for $2,316,750 at a 2.9% yield
Agents: Charlie Oscroft & Kris Ongley

North-west

Henderson

9-11 Aetna Place:
Features: Vijay Frame & Truss business, part of Vinod Kumar’s Vijay Holdings Ltd group
Outcome: sold for $900,000
Agents: Pauras Rege, Marcus Jacobson & Shelley May

84 Central Park Drive:
Features: 6735m², Australasian clothing company AS Colour Holdings Ltd’s head office & distribution facility
Outcome: sold for $9.2 million at a 5.1% yield
Agents: Andrew Hooper & Dwayne Warby

South Island

Canterbury

Christchurch, Phillipstown

15 Phillips St:
Features: 897m² site, 766m² refurbished warehouse – 510m² warehouse, 150m² consented mezzanine, 106m² office, 7 parking spaces
Outcome: sold at auction for $991,000
Agents: Christian Kellar & Paul Marshall

Attribution: Agency release.

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