5 of the 14 properties were sold at Bayleys’ Total Property commercial auction on Wednesday and 5 attracted no bid. At the agency’s Tauranga auction, all 3 properties were sold under the hammer.
5 of the 9 Auckland properties auctioned in Bayleys’ Total Property 6 series were sold under the hammer yesterday. The biggest prize was the price paid for a small warehouse in the middle of Wolfe St, in the heart of the cbd.
Bayleys agents on the Shore have made 3 sales and signed 7 lease agreements, including one for a shop in Chancery, in the Auckland cbd.
The price Shanghai Pengxin (Zhaobai Jiang) has paid for Spark City Building D (pictured) yoyo-ed for months before settling at a 7% yield.
Bayleys agents have completed a number of leasing transactions over the summer, on the isthmus and in Albany. One Takapuna property passed in at the agency’s December Total Property auction has also been sold.
2 properties sold under the hammer at Colliers International’s commercial auction today, and another was sold prior.