Archive | Helensville

4 sales & a lease in north-west

Bayleys agents have signed 4 sales in the north-west of the region, and one lease.

North-west

Sales

Helensville

84 Commercial Rd:
Features: 293m2 site, 211m2 retail outlet built around 1910
Outcome: sold vacant for $312,000
Agents: Grant Miller & Laurie Bell

Henderson

192 Universal Drive, unit A6:
Features: 1210m2 retail unit in Lincoln North Shopping Centre occupied by pet store Animates NZ Holdings Ltd since 2006, renewed for a further 6 years in October 2015
Rent: $282,477/year net + gst
Outcome: sold for $3.25 million at an 8.7% yield
Agents: Alan Haydock & Cameron Melhuish

Kelston

24-26 Cartwright Rd (pictured):
Features: 1993m2 site in 2 titles, 490m2 warehouse on one title occupied by joinery business
Outcome: sold to tenant for $1.48 million
Rent: $61,000/year net + gst
Agents: Mike Adams & Grant Miller

Te Atatu Peninsula

29 Neil Avenue:
Features: 819m2 site, retail & residential block comprising 4 shops (dairy, hair salon & 2 food outlets), all with 2-year leases & 2 2-year rights of renewal, and vacant 3-bedroom flat recently refurbished & with potential rent of $400-$450/week
Rent: $39,219/year net + gst
Outcome: sold for $880,000
Agent: Tony Chaudhary

Lease

Swanson

114 Swanson Rd, unit 3: 
Features: 1750m2 warehouse
Rent: $140,000/year net + gst, leased for 4 years, with fixed annual increase of 2.5% plus one 4-year right of renewal
Agent: James Appleby

Attribution: Agency release.

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Updated again: Bayleys auction sales rise to 17

Published 29 October 2015, updated 4 November 2015 and again on 30 November 2015:
Bayleys made it over a 50% clearance rate on Thursday from its commercial auction the day before, and has added 2 more sales this week.

The agency sold 10 properties under the hammer from an auction list of 26, 2 sold prior and has sold 4 post-auction. One property was withdrawn.

By the end of November, sales were up to 17, with another unit in the Harbourside Business Park on Rosebank Rd sold.

The first 2 post-auction sales were an Avondale building and the Edinburgh Castle Hotel (pictured above), and the latest pair are a Whangarei office building and a second Avondale building.

Isthmus east

Grafton

36 Burleigh St:
Features: Modern 280m² tilt-slab warehouse/showroom on a 563m² underutilised mixed-use site with exposure to Mt Eden Rd; tenant Brake & Transmission NZ Ltd has exercised the first of 2 3-year rights of renewal
Rent: $69,500/year net + gst
Outcome: sold for $1.795 million at a 3.9% yield
Agents: James Hill & Sunil Bhana

Meadowbank

135 Meadowbank Rd:
Features: 129m2 site, new 158m2 2-level building, 4 tenants in serviced offices on upper level, hair salon on monthly tenancy on ground floor, 2 parking spaces
Outcome: sold for $750,000 to owner-occupier intending to move into the ground-floor space
Agents: Ed Donald & Sarah Boles

Remuera

30 Remuera Rd:
Features: 74m², retail unit at entrance to the Newmarket train station
Rent: $56,000/year net + gst
Outcome: withdrawn from auction
Agents: Owen Ding & James Chan

Isthmus west

Avondale

527B Rosebank Rd, units 3 & 4:
Features: 444m² building on 444m² site in the Rosebank Business Park, zoned 7A commercial office, 16 parking spaces; tenant on newly renewed lease of 6 years from 1 September
Rent: $110,450/year + gst + opex
Outcome: passed in at $1.55 million
Agents: Laurie Bell & Grant Miller

483 Rosebank Rd, unit A.

483 Rosebank Rd, unit A.

Updated: 483 Rosebank Rd, unit A:
Features: modern 474m2 2-level showroom office building in Harbourside Business Park, 20 parking spaces
Outcome: passed in at $900,000, sold vacant post-auction for $1 million
Agents: James Appleby & Mike Adams

Updated: 483 Rosebank Rd, unit B:
Features: 734m² – 367m² warehouse, 367m² office & amenities, 16 parking spaces
Rent: vacant
Outcome: passed in at $1 million, sold post-auction for $1.4 million
Agents: James Appleby & Mike Adams

Updated: 483 Rosebank Rd, unit C:
Features: 800m² unit – 400m² warehouse 400m² office, 18 parking spaces; upstairs office provides holding income from short-term lease
Outcome: passed in at $1.1 million, sold post-auction for $1.4 million
Agents: James Appleby & Mike Adams

Eden Terrace

215 Symonds St:
Features: 150-year-old Edinburgh Castle Hotel on 571m² mixed use-zoned site on corner of Newton Rd; New Skyworld Bar & Hotel Ltd, which exercised the first of 4 3-year rights of renewal in July, operates a sports bar on the ground floor, residential accommodation above
Rent: $145,000/year net + gst
Outcome: passed in at $2.25 million, sold post-auction for $2.49 million at a yield of 5.8%
Agents: Cameron Melhuish & Andrew Wallace

Mt Eden

131 Mt Eden Rd.

131 Mt Eden Rd.

131 Mt Eden Rd:
Features: 507m² character building on high profile 341m² corner site, lease on 116m2, but 253mground floor & 138m2 level 1 areas vacant
Rent: $35,000/year net + gst
Outcome: sold for $1.34 million
Agents: Phil Haydock & Jean-Paul Smith

Mt Roskill

164 Stoddard Rd:
Features: 715m² 2-level building on 933m² site, multiple retail tenants
Rent: $133,000/year net + gst
Outcome: sold prior for undisclosed price
Agents: Tony Chaudhary & Janak Darji

North

Oakura

45 Ohawini Rd:
Features: 59.8ha freehold waterfront site, the Whangaruru Beachfront Camp up east coast from Whangarei
Outcome: no bid
Agents: Ross Blomfield

Warkworth

Moir Hill & Matthew Rd:
Features: 320ha ex-forestry block in 4 titles, including 43.6ha of native bush, several kilometres of metal roads, 9km from Warkworth
Outcome: sold for $811,000
Agents: Duncan Napier & Dianna Coman

Whangarei

111-113 Bank St:
Features: 2072m² corner site, 2-level 1782m² office building, seismic rating 80% new building standard, 34 parking spaces, multi-tenanted & fully leased
Rent: $324,944/year net + gst + opex
Outcome: passed in at $3.925 million, sold post-auction for $4.21 million at a 7.7% yield
Agents: Ross Blomfield

North-east

Rosedale

7D Douglas Alexander Parade:
Features: 407m2 high stud warehouse, office & showroom, 8 parking spaces
Outcome: sold vacant for $920,000
Agents: Laurie Burt & Ashton Geissler

331 Rosedale Rd, unit 8B:
Features: 159m² floor area, tenant Moustache Republic Ltd on 2-year lease with 2 2-year rights of renewal
Rent: $43,966/year net + gst + opex
Outcome: sold for $635,000
Agents: Alex Strever & Dean Gilbert-Smith

3 Tarndale Grove:
Features: 1258m² site, 2 warehouse units with total 890m² floor area
Outcome: no bid except for vendor bid at $1.5 million
Agents: Matt Mimmack & Ranjan Unka

Wairau Valley

18 Link Drive, unit P(16):
Features: 668m² floor area, 13 parking spaces
Rent: $113,051/year net + gst + opex
Outcome: passed in at $1.15 million
Agents: Trevor Duffin & Tonia Robertson

41-53 View Rd, unit K:
Features: 597m2 industrial building, mix of warehousing with multiple roller doors and office/showroom
Outcome: sold vacant for $960,000
Agents: Mike Adams & Trevor Duffin

North-west

Helensville

84 Commercial Rd:
Features: 293m² mainstreet site, vacant 211m² ex-Video Ezy shop
Outcome: no bid except for vendor bid at $250,000
Agents: Grant Miller & Laurie Bell

Kumeu

7 Shamrock Drive:
Features: vacant 876m² warehouse & office, 10 parking spaces
Outcome: passed in at $1.254 million
Agents: Rosemary Wakeman & Ashton Geissler

New Lynn

18 Clark St, unit G:
Features: 204m2 retail outlet with cafe tenant
Rent: $28,000/year net + gst
Outcome: sold for $605,000 at a 4.6% yield
Agents: Grant Miller & Laurie Bell

South

Airport Oaks

24 Rennie Drive, Mangere.

24 Rennie Drive, Mangere.

24 Rennie Drive:
Features: 750m2 standalone warehouse plus 160m2 first-floor office, A+ seismic rating assessment; 6-year lease to government tenant from 2014 with 2 3-year rights of renewal
Rent: $101,000/year net + gst
Outcome: sold for $1.9 million at a 5.3% yield
Agents: Marty Roestenburg

Papakura

80-82 Great South Rd:
Features: 320m2 Wendy’s restaurant on 20-year lease to Wendco (NZ) Ltd from 2000 & no right of renewal; large site in 2 titles of 1037m² & 1080m2 with metropolitan centre zoning under proposed unitary plan
Rent: $160,578/year net + gst
Outcome: sold for $2.803 million at a 5.7% yield
Agents: Eddie Zhong & Damian Stephen

55 Hunua Rd:
Features: vacant 4057m² site, trucking facility with modern workshop & mechanics’ pit, air-conditioned offices, 492m² of building
Outcome: passed in at $1.15 million
Agents: Shane Snijder & Peter Migounoff

Tuakau

143 Bollard Rd:
Features: 2094m2 site with main road frontage & light Industrial zoning plus holding income from 3-bedroon 90m2 house
Rental appraisal: $380/week net + gst
Outcome: sold prior for $517,500 including gst
Agents: Graeme Moore

Attribution: Auction.

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11 sales at Greater Auckland auction

Bayleys secured sales on 11 properties out of 16 taken to auction in its Greater Auckland portfolio yesterday.

One of the strongest performers was a group of 3 shops, including NZ Post, in Tuakau, nowadays over the border in the Waikato region, which sold on a yield of 5.1%.

Isthmus east

Mt Wellington

182 Marua Rd:
Features: 777m² site, near-new 609m² standalone industrial building, offered vacant
Outcome: withdrawn from auction
Agents: James Valintine & Sunil Bhana

Otahuhu

47 Huia Rd:
Features: 2592m² site, 2393m² building, redevelopment opportunity, 75% IEP rating
Rent: $102,000/year net + outgoings
Outcome: sold for $1.2 million in mortgagee sale
Agents: Nick Bayley & Dave Stanley

Royal Oak

Royal Oak Mall, 691 Manukau Rd, unit F:
Features: 188m² floor area, tenants Black Pepper and T&T Childrenswear
Rent: $74,018/year net + gst from 2 shops
Outcome: passed in
Agents: Matt Lee & James Chan

Isthmus west

Grey Lynn

29 Nixon St:
Features: 266m² mixed-use corner site with development potential, 157m² floor area
Rent: $30,000/year + gst + outgoings
Outcome: sold for $920,000
Agents: Simon Aldridge & Tony Chaudhary

Morningside

2 Gordon Rd, unit 3:
Features: high stud 137m² warehouse plus 47m² residence upstairs, onsite parking
Outcome: passed in at $700,000
Agents: Andrew Wallace & Cameron Melhuish

North-east

Dairy Flat

1740 Dairy Flat Highway, section 6:
Features: 9990m² site, current zoning general rural, zoned future urban under the proposed unitary plan, site complicated by encumbrances
Outcome: sold for $200,000
Agents: Rosemary Wakeman & Ashton Geissler

Rosedale

6 Antares Place, Rosedale.

6 Antares Place, Rosedale.

6 Antares Place:
Features: 2 levels + basement parking
Rent: $292,896/year net + gst from 2 tenancies
Outcome: sold for $4.575 million at a 6.4% yield
Agents: Marty Roestenburg & Laurie Burt

2A William Pickering Drive:
Features: 1040m² 2-storey commercial premises, 45 parking spaces
Rent: $223,548/year net + gst + outgoings from office & parking
Outcome: passed in at $2.75 million
Agents: Chris White & Tonia Robertson

Wairau Valley

39 Porana Rd:
Features: industrial
Rent: $108,825/year net + gst from 2 tenancies
Outcome: sold for $2.01 million at a 5.4% yield
Agents: Ranjan Unka & Chris White

North-west

Helensville

9 Commercial Rd:
Features: 2613m² site occupied by Fonterra subsidiary Farm Source (ex-RD1),
Rent: $117,685/year net from new 8-year lease starting this month
Outcome: sold for $1.71 million at a 6.9% yield
Agents: Mike Adams

New Lynn

3026 Great North Rd:
Features: 956m² site
Rent: $48,000/year net + gst holding income, dual access from Great North Rd & Veronica St
Outcome: sold for $1.155 million at a 4.2% yield
Agents: Kate Kirby & Laurie Bell

3029 Great North Rd, unit A:
Features: 340m² floor area, corner site, BNZ as long-term tenant on 8-year lease with further rights of renewal
Rent: $142,700/year net + gst
Outcome: sold for $2.326 million at a 6.1% yield
Agents: Tony Chaudhary & Janak Darji

South

Mangere

61 Kirkbride Rd:
Features: 8392m² site near airport, 3686m² in glasshouses
Rent: vacant
Outcome: passed in at vendor bid of $1.4 million
Agents: Anthony Barnao

65 Kirkbride Rd:
Features: 13,617m² site, 4020m² in glasshouses, shed, 3-bedroom villa, one self-contained single unit
Outcome: passed in at $2.3 million
Agents: Anthony Barnao

Pakuranga

62 Ben Lomond Crescent, corner Cascades Rd:
Features: 4049m² site, 2019m² floor area
Rent: $215,839/year net + gst from 5 established tenancies
Outcome: sold for $3.5 million at a 6.2% yield
Agents: Shane Snijder & Tony Chaudhary

Papakura

81 O’Shannessey St:
Features: 596m² site, 550m² floor area, 2 shops on one title, staff parking
Outcome: sold vacant for $680,000
Agents: Peter Migounoff & Piyush Kumar

Tuakau

34 George St:
Features: 835m² site, 336.58m² building
Rent: $41,077.57/year gross + gst from 3 tenancies
Outcome: sold for $805,000 at a 5.1% yield
Agents: Shane Snijder & Graeme Moore

Attribution: Auction.

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7 sales in the west include development sites

Bayleys agents have reported 7 sales in western suburbs and up to Helensville. They include 2 Mt Roskill properties, one with development potential, and a rezoned site on Fred Taylor Drive, in the Westgate development zone.

Isthmus west

Mt Roskill

935 Dominion Rd:
Features: 4759m2 corner block with 3 road frontages, 3 tenancies include Burger King restaurant on lease until 2022 and United Video & Manhattan Lodge in another older building
Rent: $397,400/year net + gst
Outcome: sold for $7 million at a yield of 5.7%
Agents: Mike Adams, James Appleby & Will Coates

907-909 Dominion Rd, Mt Roskill.

907-909 Dominion Rd, Mt Roskill.

907-909 Dominion Rd:
Features: Older 1913m2 industrial building on 1606m2 site zoned mixed use, with redevelopment potential; originally the Mt Roskill Sheet Metal Works site, that company remains a tenant along with Two Little Angels Furniture Store
Rent: $112,000/year net + gst
Outcome: sold for $2.47 million at a yield of 4.5%
Agents: Mike Adams, Will Coates & James Appleby

St Lukes

49 Sainsbury Rd, unit 8:
Features: 468m2 unit in St Lukes Business Park – 268m2 warehouse, 100m2 office, 100m2 showroom, 10 parking spaces
Outcome: sold vacant for $1.35 million
Agents: Clint Barber & Andre Siegert

North-west

Glen Eden

202-208 West Coast Rd:
Features: 996m2 retail & office complex on 607m² site opposite Glen Eden train station, 9 occupied tenancies & one vacant office tenancy
Rent: $120,322/year net + gst
Outcome: sold for $1.7 million at a 7.05% yield
Agents: Tony Chaudhary & Janak Darji

Helensville

37 Commercial Rd:
Features: 2093m2 retail & office building anchored by Countdown supermarket on 5623m2 site; Countdown owner Progressive Enterprises Ltd, which has occupied the bulk of the building since 2001, has undertaken a major refit of the supermarket and extended its lease by 5 years until December 2018, with further rights of renewal until 2036; Harcourts’ office occupies 250m2
Rent: $411,015/year net + gst
Outcome: sold for $5.35 million at a 7.8% yield
Agent: Ed Donald

Kelston

2-4 Cartwright Rd, lot 3:
Features: 345m2 warehouse on cross-lease title of 1078m2, zoned light industrial
Outcome: sold vacant for $345,000
Agents: Grant Miller, Will Coates & James Appleby

Westgate

Fred Taylor Drive:
Features: 5.1469ha zoned light industrial in the Westgate growth area
Outcome: sold for $6.85 million at $133/m2
Agent: Grant Miller

Image at top: The new Westgate development zone, a 1.5km strip from the old highway down to Mitre 10, with Fred Taylor Drive & its horticultural fields just to the left of this picture.

Attribution: Agency release.

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Council introduces plan change for Helensville heritage area

Published 3 June 2011

Auckland Council publicly notified a plan change introducing a heritage policy area to Helensville yesterday.

Plan change 160: Introduction of Helensville residential heritage policy area & other changes – Helensville will come under the Rodney section of the Auckland Council district plan.

Mayor Len Brown said Helensville’s older residential areas were historically significant but had only limited protection under the district plan: “The new plan change will provide for greater protection of the heritage buildings and manage changes in the character of the buildings & the residential heritage area.

“The council’s efforts to protect our heritage are not restricted to central Auckland. I am determined that the character of our older villages & towns will be protected across Auckland. The preservation of our built heritage in wonderful towns like Helensville is as important as it is anywhere else, no matter how near or far they are from Queen St.”

      

Submissions closeon Friday 1 July.

The 1998 Helensville-Parakai structure plan identified the older residential areas of Helensville as a potential heritage conservation zone and recommended development of a heritage conservation policy to protect & enhance Helensville’s heritage.

In 2008, the Rodney District Council adopted the Helensville urban design framework and resolved to review Helensville’s heritage precincts as part of this.

In June 2010, the Rodney council notified variation 144 to introduce the town centre heritage policy area to the main business area of Helensville. The council said the importance of protecting & enhancing the heritage value of the residential area was a common theme during this variation’s consultation stage.

Also in 2010, the Rodney council conducted the Helensville residential area heritage study, which identified & assessed the heritage value of the buildings in the older residential area of Helensville. This assessment has been taken into account in formulating plan change 160.

Want to comment? Go to the forum.

 

Attribution: Council release, story written by Bob Dey for the Bob Dey Property Report.

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Helensville heritage policy area plan change notified

Published 28 June 2010

Jurisdiction: Rodney District

 

Neighbourhood: Helensville

 

Applicant: Rodney District Council

 

Application detail: Variation 144, introducing the Helensville town centre heritage policy area & other changes, putting in place a number of recommendations of the Helensville urban design framework & other studies.

 

The variation includes:

 

• changes to the objectives & policies of district plan chapter 9 – business that recognise the distinct heritage character of parts of the Helensville town centre area • provision of the Helensville town centre heritage policy area within chapter 9 – business. The policy area includes specific rules & assessment criteria for the erection of new buildings, and the alterations & additions to and removal of some existing buildings within the policy area • the addition of a number of significant trees to the list of scheduled protected trees in district plan chapter 18 – urban land modification & vegetation • the provision of a new policy & a restricted activity that discourages retail & other community-focused activities in the Helensville industrial zones and a restricted activity that provides for larger shops in the southern Commercial Rd area • changes to the zoning of some properties in the southern part of Commercial Rd, and • relaxation of parking provisions in parts of the Helensville town centre heritage policy area where parking requirements can affect the viability of providing buildings that complement the heritage values in the policy area.

 

Notification date: 17 June

 

Submission closure date: Friday 16 July

 

Want to comment? Go to the forum.

 

Attribution: Council notice, story written by Bob Dey for the Bob Dey Property Report.

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Rodney zone changes in force next week for Genesis power project in north-west

Published 15 January 2010

Rodney District Council’s zoning changes, to enable Genesis Energy Ltd to develop a combined-cycle gas-turbine power station south of State Highway 16 between Helensville & Kaukapapa, will become operative on Friday 22 January.

 

The council adopted the changes at its last meeting for 2009, on 17 December. (Rodney District thermal energy generation rural) zone, which is a change to the council’s

plan change 107, special 18 (Rodney District thermal energy generation rural) zone, which is a change to the council’s 1993 operative district plan, andplan change 89 (formerly a variation), special 27 (Rodney District thermal energy generation rural) zone, which is a change to the council’s 2000 district plan. The 2000 plan is operative in part.

 

Genesis sought a private plan change to enable the power project to proceed, and commissioners approved that last March.

 

Earlier story:

31 March 2009: Genesis gets plan change for Rodney power station zone

 

Want to comment? Go to the forum.

 

Attribution: Council notice, story written by Bob Dey for the Bob Dey Property Report.

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Genesis gets plan change for Rodney power station zone

Published 30 March 2009

Independent commissioners have approved the private plan change for a special zone between Helensville & Kaukapapa, the Rodney District thermal energy generation rural zone.

 

Genesis Energy Ltd sought the plan change for a combined-cycle gas-turbine power station south of SH16, at the intersection of State Highway 16 & Inland Rd.

 

The commissioners made a large number of modifications to the plan change and also require Genesis to apply to the Rodney District Council to approve the final details & design of the development.

 

Any appeal against the decision on the plan change must be made within 30 working days and an appeal against the resource consent decisions must be lodged within 15 working days.

 

The Auckland Regional Council has already granted resource consents for discharges to air, discharges into the Kaukapakapa River and for earthworks, stormwater & other consents. The time period for appealing its decisions has expired and the only appeal has been from Genesis Energy, which wants some of the consent conditions changed.

 

Want to comment? Email [email protected].

                                       

Attribution: Council release, story written by Bob Dey for the Bob Dey Property Report.

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Council adopts Helensville urban design framework for consultation

Published 1 December 2008

Rodney District Council has adopted an urban design framework aimed at protecting the special heritage character of Helensville.

 

The council’s western sector project manager, Gavin Flynn, said the framework identified a number of improvements that could be made to Helensville to retain the town’s historic atmosphere, redevelop facilities and provide adequate space for areas to live & work in.

 

The South Kaipara Forum, which represents local ratepayer associations & interested residents, assisted with development of the framework and the council received more than 90 submissions.

 

Mr Flynn said specific proposals which received a high level of public support through submissions included using Creek Lane as a market square at certain times and as a location for new public toilets. Submitters also supported concentrating retail activity along Commercial Rd to reduce retail sprawl and to create a village atmosphere.

 

Projects identified as priorities include a streetscape upgrade of Creek Lane and development of new public toilets there.

 

The projects identified in the framework will be included in the council’s long-term plan for public consultation, which will occur in April.

 

Mr Flynn said the council would investigate creating heritage rules to guide future development on the northern end of Commercial Rd, which would allow for retail development there, while retaining the area’s heritage character. The concept of mixed live/work areas would also be investigated, after submitters said there weren’t enough homes in the area suitable for older people to move into when they want to downsize their properties.

 

Want to comment? Email [email protected].

                                       

Attribution: Council release, story written by Bob Dey for the Bob Dey Property Report.

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Rodney notifies Genesis power station plan change

Published 7 April 2008

Jurisdiction: Rodney District

 

Neighbourhood: Helensville-Kaukapakapa

 

Applicant: Genesis Energy Ltd

 

Application detail: State Highway 16, 526 Kaipara Coast Highway, applications for private plan change 107 & variation 89 to the Rodney District plans to introduce a new special zone, the thermal energy generation rural zone, in the vicinity of State Highway 16 & Inland Rd (Punganui Station), between Helensville & Kaukapakapa.

 

The council considered the proposal met the conditions and has proceeded to publicly notify the proposal. The new zone would enable the area within the zone to be developed for generation & transmission of electricity and, in particular, the development & operation of a Rodney power station.Genesis Energy is proposing to establish a combined-cycle gas-turbine power station south of SH16, at the intersection of State Highway 16 & Inland Rd.

 

Notification date: 3 April

 

Submission closure date: Friday 16 May

 

Website: Rodney District Council, plan change 107

Variation 89

Want to comment? Email [email protected].

 

Attribution: Council notice, story written by Bob Dey for this website.

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