Tag Archives | Albany

8 commercial leases on Shore

Bayleys agents on the Shore have concluded 4 commercial leases in the Rosedale area & 4 in Albany, Milford, Northcote & the Wairau Valley.

Leases:

North-east

Albany

5-7 Henry Rose Place, unit 5:
Features: 470m² unit – warehouse 345m², office 125m², 7 parking spaces
Rent: leased in February for $75,000/year net + gst, premises rental $160/m² (no extra for parking)
Agent: Laurie Burt

Milford

164 Kitchener Rd, unit 3:
Features: 155m² retail unit, parking space
Rent: leased in February for $48,300/year net + gst, parking $25/space/week, premises rental $403/m²
Agents: Ildy Meixner, Alex Strever & Steven Liu

Northcote

Downstairs of 67 Onewa Rd:
Features: 212m² industrial space – showroom 116m², other area 96m², 5 parking spaces
Rent: leased in February for $28,000/year net + gst, premises rental $132/m² (no extra for parking)
Agents: Steven Liu & Damian Stephen

Rosedale

112 Bush Rd, unit L:
Features: 186m² office, 7 parking spaces
Rent: leased in February for $53,000/year net + gst, parking $20/space/week, net excluding parking $45,720/year, premises rental $245/m²
Agent: Alex Strever

10 Canaveral Drive, unit 3:
Features: 344m² industrial unit – office 50m², warehouse 244m², showroom 50m², 6 parking spaces
Rent: leased in February for $58,000/year net + gst, parking $20/space/week, premises rental $168.60/m²
Agent: Matt Mimmack

Part of 1-3 Parkhead Place:
Features: 873m² unit – 713m² warehouse, 160m² office, 12 parking spaces
Rent: leased in February for $112,000/year net + gst, premises rental $128.29/m² (no extra for parking)
Agent: Laurie Burt

23 William Pickering Drive, part of unit E:
Features: 193m² office, 10 parking spaces
Rent: leased in February for $45,200/year net + gst, parking $15/space/week, premises rental $234/m²
Agent: Alex Strever

Wairau Valley

Corrected: 21 Poland Rd, unit 13:
Features: 321m² industrial unit (and the breakdown now equals the total) – office 55m², warehouse 220m², showroom 46m², 6 parking spaces
Rent: leased in February for $44,300/year net + gst, premises rental set at office $180/m², warehouse $120/m², showroom $170/m²
Agent: Trevor Duffin

Attribution: Agency release.

Continue Reading

Albany site sells

A site on the Albany Highway has been sold and 4 leases signed in the latest transactions by Bayleys’ North Shore office.

Sales:

North-east

Albany

281 Albany Highway:
Features: 2737m² site
Outcome: sold for $3 million + gst at $1096/m²
Agents: Ranjan Unka, Anna Radkevich & Andrew Smith (Wellington)

Leases:

North-east

Albany

42 Tawa Drive, suite A:
Features: 74m² office, 2 parking spaces
Rent: leased in February for $21,690/year net + gst, parking $20/space/week, net excluding parking $19,610/year, premises rental $265/m²
Agents: Ryan Dannhauser & Paul Prouse

Rosedale

5 Douglas Alexander Parade, unit B5:
Features: 110m² industrial unit, 2 parking spaces
Rent: leased in January for $22,500/year net + gst at $205/m² (parking free)
Agents: James Kidd & Laurie Burt

Wairau Valley

26 Porana Rd:
Features: 170m² industrial unit – warehouse 80m², mezzanine 90m², 2 parking spaces
Rent: leased in February for $15,000/year net + gst at $88.23/m²
Agent: Trevor Duffin

North-west

Henderson

91 Central Park Drive, part first floor:
Features: 120m² office, 3 parking spaces
Rent: leased in February for $29,500/year net + gst, parking $25/space/week, net excluding parking $25,600/year, premises rental $213.34/m²
Agents: Paul Prouse & Laurie Bell

Attribution: Agency release.

Continue Reading

Argosy sells land next to Albany Mega

Argosy Property Ltd has entered into an unconditional agreement to dispose of about 14,600m² of vacant land at 258 Oteha Valley Rd in Albany for $11.65 million.

The land sits next to the Argosy-owned Albany Lifestyle Centre (the Centre), a 25,000m² split-level bulky goods retail centre.

Chief executive Peter Mence said today settlement was expected to occur in late February.

Argosy has also extended the lease of the Mitre 10 Mega store in the Centre by a further 8.5 years, taking the expiry of this lease out to 2032. As part of the lease extension, Argosy has committed to spending $3.1 million to extend the existing Mitre 10 Mega store into the garden centre and provide about 405m² of extra retail space on the upper level of the Centre.

Attribution: Company release.

Continue Reading

10 leases & a sale

Bayleys agents on the Shore have signed up a sale & 10 leases over the summer in Albany, Rosedale & Wairau Valley on the Shore, one in the cbd and the other in New Lynn.

Sale:

North-east

Rosedale

239 Rosedale Rd, unit O:
Features: 69m² office
Outcome: sold in January for $285,000 + gst at $4130.43/m² land & building
Agents: James Yu (Bayleys) & Stephen Wong (Ray White)

Leases:

CBD

Queen St

Queens Court, 368 Queen St, unit G16:
Features: 20m² retail
Rent: leased in November for $28,306.73/year net + gst, premises rental $1415.34/m², gross $43,000/year + gst
Agent: Steven Liu

North-east

Albany

52 Oteha Valley Rd, unit M, tenancy A:
Features: 128m² retail
Rent: leased in December for $60,000/year net + gst, premises rental $469/m²
Agents: Adam Curtis, Adam Watton & Eddie Zhong

52 Oteha Valley Rd, unit M, tenancy B:
Features: 150m² retail
Rent: leased in December for $55,000/year net + gst, premises rental $367/m²
Agents: Adam Curtis, Adam Watton & Eddie Zhong

Rosedale

59 Apollo Drive, unit F1:
Features: 134m² unit – office 87m², warehouse 47m², 2 parking spaces
Rent: leased in January for $35,000/year net + gst, parking $15/space/week, net excluding parking $33,440/year, premises rental $249.55/m²
Agents: Paul Prouse & Jane Sims

9 Piermark Drive, first floor, unit A:
Features: 38.4m² office, parking space
Rent: leased in January for $10,630/year net + gst, parking $15/week, net excluding parking $9850/year, premises rental $257/m²
Agent: Paul Prouse

13 Ride Way, unit E:
Features: 176.12m² unit – office 82.58m², warehouse 93.54m², 3 parking spaces
Rent: leased in January for $26,500/year net + gst, premises rental $150/m² (parking free)
Agent: Laurie Burt

331 Rosedale Rd, building 6, suite B:
Features: 26.48m² office, parking space
Rent: leased in January for $8340/year net + gst, parking $20/week, net excluding parking $7300/year, premises rental $276/m²
Agent: Paul Prouse

Part 39 William Pickering Drive:
Features: 346m² – office 91m², warehouse 240.6m², other area 13.3m², 5 parking spaces
Rent: leased in December for $45,000/year net + gst, premises rental $135/m² (parking & other area free)
Agents: Laurie Burt & Matt Mimmack

Wairau Valley

89 Ellice Rd, unit 3C:
Features: 125m² unit – office 25m², warehouse 100m², 2 parking spaces
Rent: leased in January for $30,000/year net + gst, premises rental $240/m² (parking free)
Agents: Adam Watton & Adam Curtis

North-west

New Lynn

3047 Great North Rd, part ground floor:
Features: 562.24m² office, 8 parking spaces
Rent: leased in December for $160,400/year net + gst, parking $25/space/week, net excluding parking $150,000/year
Agents: Dean Gilbert-Smith, Damian Stephen & Laurie Bell

Attribution: Agency release.

Continue Reading

Bayleys Shore agents finish year with 4 sales & 6 leases

Bayleys agents on the North Shore finished 2016 with 4 sales outside the auctionroom, 2 of them in Freemans Bay & East Tamaki, and 6 leases on the Shore.

The sales included 2 adjoining properties across the street from the New World supermarket in Freemans Bay (pictured), used for their office space but sold for their land at $6490/m².

Sales:

Isthmus west

Freemans Bay

3 Scotland St & 44 Ireland St:
Features: 490m² in 2 titles zoned mixed use, 2 office buildings totalling 281.7m², 7 parking spaces
Rent: $63,669/year net
Outcome: sold through a tender in December for $3.18 million + gst at a 2% yield, land price $6490/m²
Agents: Paul Prouse, Ranjan Unka & Stephen Scott

North-east

Northcote

218-224 Lake Rd:
Features: 2494m² site, 896m² office building zoned mixed housing, 32 parking spaces
Outcome: sold in November for $4.45 million + gst at $1784.28/m² land & building
Agents: Tonia Robertson & Chris White

Rosedale

6-8 Omega St, unit 5:
Features: 165m² office unit, 3 parking spaces + 2 shared
Outcome: sold for $540,000 + gst, at $3272/m² land & building
Agents: Ildy Meixner & Alex Strever (Bayleys), Brian Paulin (Barfoot & Thompson)

South

East Tamaki

26 Ross Reid Place:
Features: 7218m² industrial site, 4722m² building
Rent: $616,008.71/year net
Outcome: sold in December for $10 million + gst at a 6.16% yield
Agents: Laurie Burt, Michael Nees, Simon Aldridge & David Huang

Leases:

North-east

Albany

221-223 Dairy Flat Highway, shop 2:
Features: 88m² shop, 3 parking spaces
Rent: leased in December for $26,000/year net + gst at $295.50/m² (assuming parking free)
Agents: Steven Liu & Ildy Meixner

Milford

6-8 Milford Rd, level 1:
Features: 20m² office, no parking
Rent: leased in December for $7500/year net + gst, premises rental $375/m²
Agent: David Huang

Rosedale

9 Beatrice Tinsley Crescent, part unit F:
Features: 278m² warehouse, no parking
Rent: leased in December for $32,000/year net + gst, premises rental $115/m²
Agent: Laurie Burt

61 Constellation Drive, part building 3, level 2:
Features: 292m² office, 9 parking spaces
Rent: leased in December for $109,778.40/year net + gst, $93,398 excluding parking, parking at $35/space/week, premises rental $320/m²
Agents: Ryan Dannhauser, Alex Strever, Jane Sims & Paul Prouse

7 Vega Place, unit F:
Features: 155m² unit – warehouse 57.6m², showroom 20m², low-stud area 17m², office 20m² (40m² unspecified), 3 parking spaces
Rent: leased in December for $23,000/year net + gst at $148/m² (assuming parking free)
Agent: Laurie Burt

36 William Pickering Drive, unit 7:
Features: 305.5m² floor & yard – office 102m², warehouse 137.5m², yard 66m², 5 parking spaces
Rent: leased in December for $40,000/year net + gst at $130.90/m² (assuming parking free)
Agents: Laurie Burt & Trevor Duffin

Attribution: Agency release.

Continue Reading

One property sells in truncated Colliers auction

Just one property sold at Colliers’ commercial auction on Wednesday, a Birkdale site on the North Shore with consent for a childcare centre.

2 other properties occupied by childcare centres, in Otahuhu & Albany, were passed in. A commercial showroom in East Tamaki and a real estate agency auctionroom & office in the Royal Oak Mall were also passed in.

The auction was reduced by the withdrawal of 4 food outlets, 3 at the new 301 Lincoln Rd development in Henderson and one at the also new development at 651 Whangaparaoa Rd, on the Whangaparaoa Peninsula.

Isthmus east

Otahuhu

18 Princes St:
Features: 1090m² site, 348m² floor area, established childcare centre purpose-built in 2011, occupied by Blossoms Educare on new 15-year lease, 3 10-year rights of renewal
Rent: $163,800/year net + gst at $44/child/week
Outcome: passed in at $2.8 million
Agents: Shoneet Chand & Peter Kermode

Royal Oak

Royal Oak Mall, 691 Manukau Rd, unit 58:
Features: 342m² office unit with Ray White auctionroom, seismic rating of 71% of new building standard, new 6-year lease, parking at mall & Pak ‘n Save
Rent: $80,000/year net + gst
Outcome: no bid
Agents: Gareth Fraser, Jonathan Lynch & Greg Goldfinch

North-east

Albany

287 Oteha Valley Rd:
Features: 1138m² site, 460m² lettable area, Magicland Ltd childcare centre on 15-year lease from completion of development in July by Wallace Development Co Ltd, one 10-year right of renewal, beside new retail development
Rent: $203,840/year net + gst
Outcome: no bid
Agents: Mike Ryan, Ellie Martin & Euan Stratton

Birkdale

126 Birkdale Rd:
Features: 916m² site, consented for childcare centre for 45 children
Outcome: sold for $1.1 million
Agents: Peter Kermode & Shoneet Chand

Whangaparaoa

651 Whangaparaoa Rd:
Features: vacant 127m² unit, 35m² outdoor
Outcome: withdrawn from auction
Agents: Deborah Dowling, Euan Stratton & Jessica Martin

North-west

Henderson

301 Lincoln Rd, unit A1, Aroma Thai restaurant:
Features: 159.4m², in new development, 8-year lease, 2 4-year rights of renewal
Rent: $76,512/year net + gst
Outcome: withdrawn from auction
Agents: Shoneet Chand, Craig Smith & Peter Kermode

301 Lincoln Rd, unit A4, Aroma Indian restaurant:
Features: 155m², in new development, 8-year lease, 2 4-year rights of renewal
Rent: $74,400/year net + gst
Outcome: withdrawn from auction
Agents: Shoneet Chand, Craig Smith & Peter Kermode

301 Lincoln Rd, units B1 & B2, Denny’s Restaurant:
Features: 421m², 6-year lease, 2 6-year rights of renewal
Rent: $141,035/year net + gst
Outcome: withdrawn from auction
Agents: Shoneet Chand, Craig Smith & Peter Kermode

South

East Tamaki

24A Harris Rd:
Features: 595m² floor area, Tile Space on 8-year lease, 2 4-year rights of renewal
Rent: $110,940/year net + gst
Outcome: passed in at $1.55 million
Agents: Jolyon Thomson & Paul Higgins

Earlier stories:
23 November 2016: Updated: Low yields maintained at 301 Lincoln Rd auction, all 3 now sold
30 November 2016: Yields 5.5% & lower on new Whangaparaoa centre’s units

Attribution: Auction.

Continue Reading

Sale & 8 leases on Shore

Bayleys agents on the North Shore have concluded one sale outside the auctionroom and signed up 8 new tenants in their latest transactions report. I’ve omitted some of the premises rental figures which seemed to include parking at zero.

North-east

Sales:

Albany

6-8 Omega St, unit 7 & 9:
Features: 449m² office unit
Rent: $110,000/year net, new 3-year lease
Outcome: sold in December for $1.56 million + gst at a 7.05% yield
Agents: Alex Strever. Dean Gilbert-Smith, Michael Nees, Simon Aldridge, David Huang & Matt Mimmack

Leases:

Albany

12 Oteha Valley Rd extension:
Features: 274m² retail,
Rent: leased in November for $62,500/year net + gst, premises rental $228/m²
Agents: Adam Curtis, Adam Watton & Eddie Zhong

Forrest Hill

97 Sunnynook Rd:
Features: 100m² office, 8 parking spaces
Rent: leased in November for $36,000/year net + gst
Agent: Terry Kim

Northcote

48 Lake Rd, unit C:
Features: 158m² retail, 2 parking spaces
Rent: leased in October for $33,000/year net + gst
Agents: Steven Liu & Damian Stephen

Rosedale

8 Triton Drive, unit A:
Features: 346m² – office 136m², warehouse 212m², 5 parking spaces
Rent: leased in December for $57,000/year net + gst
Agents: Laurie Burt

Silverdale

1 Keith Hay Court, unit 4:
Features: 121.18m² warehouse, 3 parking spaces
Rent: leased in October for $21,813/year net + gst
Agent: Rosemary Wakeman

Takapuna

495 Lake Rd, tenancy B:
Features: 220m² office
Rent: leased in October for $44,000/year net + gst, premises rental $200/m²
Agents: Jane Sims

1-7 The Strand, level 4:
Features: 694m² office, 15 parking spaces
Rent: leased in December for $274,960, parking $50/space/week, rent net of parking $235,960/year, gross premises rental $340/m²
Agents: Dean Gilbert-Smith, Tonia Robertson & Chris White

Wairau Valley

54 View Rd, unit 10:
Features: 142m² unit – office 71m², showroom 71m², 2 parking spaces
Rent: leased in December for $35,000/year net + gst
Agents: Ashton Geissler & Matt Mimmack

Attribution: Agency release.

Continue Reading

Caltex site on Fanshawe St sells

A Fanshawe St site which Z Energy Ltd said was too valuable to be a petrol station has, indeed, been sold for over 4 times its valuation as a Caltex service station.

The site was among 10 former Caltex outlets with retailers installed on short-term contracts when Z Energy took over Chevron NZ Ltd’s Caltex & Challenge brands, and is the first of the 10 to have its future decided.

Z Energy got a valuation of $5 million on it as a service station and has sold it through a Colliers tender for $23.274 million.

The pumps, across the road from Victoria Park on the edge of the Wynyard Quarter, closed at the start of August. New office developments are rising on 2 sides of it.

Sales

CBD

Wynyard Quarter

155-167 Fanshawe St:
Features: 3879m², former Caltex service station site
Outcome: sold for $23.274 million
Agents: Colliers capital markets team

Leases:

CBD

Queen St

260 Queen St:
Features: 90m², commercial premises, leased to Love My Makeup Ltd by McDonalds Restaurants Ltd
Rent: $235,000/year gross + gst
Agent: Nilesh Patel

Isthmus east

Mt Wellington

5 Tiri Place:
Features: 1160m² industrial property, lessor Tiri Partnership Ltd, lessee SKU Ltd, lease term including renewals 6 months
Rent: $52,200
Agents: Ben Herlihy, Dwayne Warby & Todd Kuzmich

North-east

Albany

6 Tawa Drive:
Features: 2095m² industrial premises leased to Auckland City Couriers Ltd – warehouse 1133.7m², mezzanine 550m², office 412m², hardstand container loading area
Rent: $232,000/year
Agents: Ryan de Zwart, Matt Prentice & Hamish West

Silverdale

18A & B David McCathie Place:
Features: 2199m² office & warehouse, leased to Masons Plastabricks Ltd
Rent: $222,500/year
Agents: Ryan de Zwart, Matt Prentice & Shoneet Chand

South

East Tamaki

331B East Tamaki Rd:
Features: 840m² industrial property, lessor GLT Properties Ltd, lessee Nexus Foams Ltd, lease term 3 years, 3 3-year rights of renewal
Rent: $13,333.33 net
Agents: Jolyon Thomson, Hamish West & Paul Higgins

Earlier story:
31 August 2016: Fanshawe St site ‘too valuable for a petrol station’

Attribution: Agency release.

Continue Reading

Updated & corrected: Sales in Rosedale & Penrose, leases around Shore & in Queens Court

Published 13 November 2016, corrected 14 November 2016, updated 15 November 2016:
Bayleys agents have completed 2 sales in the Rosedale area of the North Shore and one in Penrose, plus 3 leases around the Shore and 2 in Queens Court on Queen St in the cbd.

I raised questions about 2 leases, change for one (67 Corinthian Drive) so far. The value of parking and its contribution to location choice & traffic movement intrigue me. In the first case, Corinthian Drive, the number of parking spaces was wrong, as was the price/space. In the second, Colway Place, the parking looks free or the premises rental is high.

The update answers a few questions about 30 O’Rorke Rd, pointing out that the site is leasehold and it’s the lessee’s interest that has been sold. I mentioned that in my report when it was passed in at auction on 6 July, but that detail slipped out in the initial sale report.

Sales:

Isthmus east

Penrose

Updated: 30 O’Rorke Rd:
Features: 3120m² industrial site, 1700m² premises, terminating ground lease interest for sale, fixed expiry 30 September 2044, fully tenanted – 3 tenants on leases to 2018 & 2020 with renewal rights; freehold held by Tram Lease Ltd
Outgoings: ground lease set at $91,000/year + gst from 1 October 2014 under 5-yearly review
Rent: $169,800/year + gst
Outcome: reserve of $560,000 declared for auction on 6 July, no bid; sold in November for $300,000 + gst; at effective sub-lease net rent of $78,800/year + gst, initial yield at the declared reserve would have been 14.1%, but at sale price would rise to 26.3%
Agents: Graham Anderson & Greg Hall

North-east

Rosedale

59 Apollo Drive, unit D3:
Features: 181m² office unit, 5 parking spaces
Outcome: sold in October for $710,000 + gst at $3922/m² land & building
Agents: Ryan Dannhauser & Alex Strever

13 Lovell Court, unit B5:
Features: 92m² unit – 46m² retail, 46m² office, 2 parking spaces, periodic tenancies
Outcome: sold in November for $310,000 + gst
Agents: Steven Liu, Adam Watton & Adam Curtis

Leases:

CBD

Queen St

Queens Court, 368 Queen St, units G35 & G36:
Features: 20m² retail unit
Rent: leased in November for $25,000/year net + gst, premises rental $1250/m²
Agents: Steven Liu & Sarah Boles

Queens Court, 368 Queen St, unit G53:
Features: 20m² retail unit
Rent: leased in November for $27,000/year net + gst, premises rental $1350/m²
Agents: Steven Liu & Sarah Boles

North-east

Albany

Corrected: 67 Corinthian Drive, part ground floor:
Features: 400m² office, 13 parking spaces (originally said 8)
Rent: leased in November for $133,520/year net + gst, parking $20/space/week (originally said $25), net rent excluding parking $120,000/year, premises rental $300/m²
Agent: Dean Gilbert-Smith

Rosedale

59 Apollo Drive, unit E1:
Features: 280m² office, 8 parking spaces
Rent: leased in October for $74,200/year net + gst, parking $20/space/week, net rent excluding parking $65,880/year, premises rental $235/m²
Agent: Jane Sims

Wairau Valley

10 Colway Place, unit 3B:
Features: 162m² industrial unit,
Rent: leased in November for $27,500/year net + gst, 2 parking spaces, at $169.75/m²
Agents: James Kidd & Trevor Duffin

Attribution: Agency release.

Continue Reading

Rosedale sales plus leases both sides of the bridge

Bayleys North Shore agents have recorded 2 Rosedale sales, and leases on both sides of the harbour bridge. The city leases were for a retail box in Queen’s Court and a shop in the refurbished Wong Doo building (pictured) at the foot of the Fiore apartments.

Leases on the Shore were from Milford to Silverdale,

Sales:

North-east

Rosedale

42 Constellation Drive, unit N:
Features: 120m² office, tenant 3A North Shore Ltd, 4 parking spaces
Rent: $30,000/year net + gst
Outcome: sold for $560,000 + gst at a 5.36% yield
Agents: Eddie Zhong & Owen Ding

2 William Pickering Drive, units A1 & B1:
Features: 420m² of office – unit A1 216m², unit B1 204m²
Outcome: sold for $1.42 million + gst
Agents: Dean Gilbert-Smith, Michael Nees, Alex Strever & Simon Aldridge

Leases:

CBD

Queen St

Queen’s Court, 368 Queen St, unit 44:
Features: 6m² retail
Rent: leased in October for $9096.54/year net + gst, premises rental $1516.09/m²
Agents: Steven Liu & Sarah Boles

Victoria Quarter

Fiore, 164-168 Hobson St, shop 3:
Features: 54m², one of 3 shops in the refurbished Wong Doo building at the corner of Cook St, incorporated into the Fiore apartment development
Rent: leased in September for $38,000/year net + gst, premises rental $703/m²
Agent: Terry Kim

North-east

Albany

28 Corinthian Drive, levels 2, 3 & 4:
Features: 1028m² office, 26 parking spaces
Rent: leased in September for $355,720/year net + gst, parking at $35/space/week, net excluding parking $308,400, premises rental $300/m²
Agents: Dean Gilbert-Smith, Eddie Zhong & Andre Siegert

Browns Bay

14 Clyde Rd:
Features: 764m² retail outlet – retail 590m², office 174m², 6 parking spaces
Rent: leased in October for $150,000 + gst, premises rental $196.34/m²

Agents: Anna Radkevich & Ranjan Unka

Milford

162 Kitchener Rd, suites 3 & 4:
Features: 144.34m² office, 2 parking spaces
Rent: leased in September for $42,631.59/year net +  gst, parking at $30/space/week; rent excluding parking $39,511.59/year net, premises rental $274/m²
Agents: Paul Prouse & Ryan Dannhauser

Rosedale

100 Rosedale Rd, unit A upper level:
Features: 110m² retail, 2 parking spaces
Rent: leased in October for $40,000/year net + gst
Agents: Steven Liu & Eddie Zhong

Silverdale

Part of 12 Curley Avenue:
Features: 1530m² industrial
Rent: leased in October for $42,500/year net + gst, premises rental $27.77/m²
Agent: Rosemary Wakeman

Part of 12 Curley Avenue:
Features: 1353m² industrial
Rent: leased in September for $36,056/year net + gst, premises rental $26.64/m²
Agent: Rosemary Wakeman

2200 East Coast Rd, unit F:
Features: 450m² bulk retail – showroom 405m², office 45m², 20 parking spaces
Rent: leased in August for $112,500/year net + gst, premises rental $250/m²
Agents: Colin Harper & Ranjan Unka

Wairau Valley

28 Hillside Rd, unit B:
Features: 189m² warehouse, 4 parking spaces
Rent: leased in October for $26,500/year net + gst at $140.21/m²
Agents: Colin Harper & Trevor Duffin

Attribution: Agency release.

Continue Reading
WordPress Appliance - Powered by TurnKey Linux