Published 15 March 2018, updated 10 July 2018:
Update: 4 months after this March auction, a Dominion Rd, Mt Eden, house used as an office has been sold.
A light industrial property in New Lynn was sold under the hammer at Colliers’ auction on 14 March, but 2 inner suburban properties marked for redevelopment were passed in.
218 Great South Rd:
Features: 1287m² irregularly shaped section, 2-storey villa, tenanted by Auckland District Health Board for 15 years, now vacant
Outcome: passed in
Agents: Simon Child & Gareth Fraser
Updated: 176 Dominion Rd:
Features: 568m² section, 133m² house + 67m² rear shed, office & garage, 4 parking spaces
Outcome: passed in at auction, marketed subsequently with $1.5 million asking price, sold in July for $1.443 million + gst
Agents: Jonathan Lynch, Gawan Bakshi & Ned Gow
11 Stock St:
Features: 1634m² site zoned light industrial, 1072m² net lettable area – warehouse 798m², offices & amenities 274m², originally in 3 separate tenancies, currently in 2 separate areas
Rent: $102,000/year + gst from monthly tenancy
Outcome: sold for $2.205 million
Agents: Dhiru Patel & Dwayne Warby
Attribution: Auction documents.