Bayleys sold 8 properties for $16.6 million at its first Total Property commercial auction for the year on Wednesday (one of those shortly post-auction), out of 14 on offer.
Bayleys agents have sold Lion Breweries’ former head office building in Newmarket, a Symonds St retail unit and a commercial unit on The Strand.
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.
One apartment was sold at Bayleys auctions last week out of 4 on offer.
Bayleys sold 11 properties for $21.6 million at its final Total Property commercial auction in Auckland on Wednesday.
The former Newton Post Office building on Karangahape Rd, home to the Artspace NZ gallery, is among 6 sales by Bayleys agents at the top of the cbd and in Mt Eden, Newmarket & Parnell.