Archive | Birkenhead

2 office sales on Shore

NAI Harcourts agents have sold a North Harbour Business Park office building at Albany and a Chelsea Park office unit at Birkenhead.

North-east

Albany

North Harbour Business Park, 15 Tarndale Grove:
Features: 1147m² site, 472m² 2-storey, concrete office building plus 45m² arched entranceway, 18 parking spaces, occupied by Plan-B Ltd
Rent: $116,872/year net + gst
Outcome: sold for $2.08 million + gst at a 5.62% yield
Agents: Marty van Barneveld & Andrew Bruce

Birkenhead

Chelsea Park, 162 Mokoia Rd, unit F:
Features: 53m² office, 2 parking spaces
Outgoings: body corp levy $2384/year
Outcome: sold with vacant possession for $300,000
Agents: Geoff Thorne & Rene Geertshuis

Attribution: Agency release.

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Updated: 4 sell at 7-property Bayleys commercial auction, 2 more since

Published 28 June 2018, updated 5 July 2018:
4 of the 7 properties left in Bayleys’ Total Property 4 auction on 27 June were sold under the hammer. 2 were passed in on vendor bids and the other attracted no bid.

Update: The industrial building at 9 Tawa Drive, Albany, occupied by Xylem Water Solutions, was pulled from the 27 June auction at the last minute but went to auction on 4 July and was sold after strong bidding.

The property at 5 Oates Rd, Glen Eden, passed in after 2 vendor bids at the 27 June auction, has since been sold.

Top price at the original auction was for a site with maximum visibility in Penrose, on the corner of Walls & Station Rds, and just off Great South Rd (arrowed in photo).

The auction of a Rosedale property, on Arrenway Drive, was postponed.

Isthmus east

Onehunga

2A & 2B Rawhiti Rd:
Features: dairy on unit title at corner of Oranga Avenue
Rent: $17,565/year net + gst
Outcome: sold for $550,000 at 3.2% yield
Agents: Greg Hall & Sunil Bhana

Penrose

2 Walls Rd (arrowed in photo):
Features: 2072m² corner site fronting Walls & Station Rds and adjoining Great South Rd, Allied Work Force Ltd as tenant
Rent: $154,385/year net, 8-year lease term from August 2016, rights of renewal, CPI & market reviews
Outcome: sold for $3.41 million at a 4.53% yield on current rent (review in August)
Agents: Mike Adams & Jean-Paul Smit

North

Kaitaia

27 Matthews Avenue:
Features: vacant 3726m² site in town centre, 1050m² floor area, showroom, warehouse, canopy & office, large secure yard, 27 parking spaces, double street entry
Outcome: no bid
Agents: Steven McNally & Vinni Bhula

North-east

Albany

Updated: 9 Tawa Drive:
Features: 2457m² corner site, 1458m² industrial building – 950m² of medium stud warehousing, 77.5m² parts store, the balance comprising 2 storeys of air-conditioned offices & amenities at the main entrance; tenant Xylem Water Solutions NZ Ltd, in occupation since the building was constructed in 1994, has renewed for 4 years from April with one 4-year right of renewal
Rent: $245,000/year + gst + outgoings
Outcome: pulled from 27 June auction, sold at 4 July auction for $5.38 million at a 4.55% yield
Agents: Matt Mimmack & Laurie Burt

Beachhaven

366 Rangatira Rd:
Features: 202m² corner site occupied by café, 225m² floor area
Rent: potential rent assessed at $76,000/year + gst + opex
Outcome: passed in on sole bid from vendor of $1.3 million
Agents: Paul Dixon, Michael Nees & Ranjan Unka

Rosedale

63 Arrenway Drive, unit 8:
Features: 170m² end unit in new office & warehouse development, 2 exclusive parking spaces
Rent: $30,000/year + gst + outgoings, new 3-year lease from March
Outcome: auction postponed
Agents: Jane McKee & Laurie Burt

North-west

Glen Eden

Updated: 5 Oates Rd, unit 6:
Features: 175m² floor area
Rent: $70,000/year + gst + outgoings from TAB, lease renewed for 6 years from October, 2 3-year rights of renewal
Outcome: passed in after 2 vendor bids at $1.2 million & $1.25 million; sold post-auction for $1.36 million at a 5.15% yield
Agents: Tony Chaudhary, Janak Darji & Katie Wu

New Lynn

3045 Great North Rd, unit 2:
Features: 412m² building – 322m² retail space, balance storage, seismic rating 92%, opposite LynnMall & New Lynn Transport Centre
Rent: $151,178/year net + gst + outgoings, 8-year lease to Beds ‘r Us from June 3%/year rental growth
Outcome: sold for $2.8 million at a 5.4% yield
Agents: Damien Bullick & Mike Adams

South

Burswood

239A Burswood Drive:
Features: 277.5m² floor area, restaurant in Burswood precinct of East Tamaki
Rent: $60,000/year net + gst + outgoings, 6-year lease from March 2017, one 6-year right of renewal left
Outcome: sold for $1.41 million at a 4.26% yield
Agents: Katie Wu, John Bolton & Roy Rudolph

Attribution: Auction.

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3 lease deals signed on Shore

Bayleys agents on the North Shore signed 3 lease deals at the end of June – one industrial, one office, one retail.

Leases

North-east

Birkenhead

25 Enterprise St:
Features: 410m² retail
Rent: leased in June for $76,000/year net + gst, premises rental $185/m²
Agent: Zoran Popovich

Rosedale

59 Paul Matthews Rd, unit 9:
Features: 117m² office, 4 parking spaces
Rent: leased in June for $29,000/year net + gst, parking $20/space/week, rental excluding parking $24,840, premises rental $212/m²
Agents: Caroline McNaught & Alex Strever

Wairau Valley

54 View Rd, ground floor, PU8:
Features: 61m² industrial unit, parking space
Rent: leased in June for $17,000/year net + gst, parking $20/space/week, rental excluding parking $15,960, premises rental $261/m²
Agent: Zoran Popovich

Attribution: Agency release.

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Sale & 4 leases on Shore

Bayleys commercial agents on the North Shore have sold a Takapuna unit used by a medical tenant and leased 4 properties.

North-east

Sale

Takapuna

2 Ngaio St, unit 1:
Features: 120m² mixed-use premises, tenant North Shore Chiropractic Ltd, 4 parking spaces
Rent: $39,000/year net + gst
Outcome: sold in May for $798,000 + gst at $6650/m², 4.89% yield
Agents: Adam Curtis & Adam Watton

Leases

Albany

18 Oteha Valley Rd Extension, unit A9:
Features: 64m² office, parking space
Rent: leased in June for $18,000/year net + gst, premises rental $281/m²
Agents: leased by Caroline McNaught, Laurie Burt & Jane McKee

Birkenhead

12 Birkenhead Avenue, shop 2:
Features: 175m² shop, parking space
Rent: leased in May for $50,000/year net + gst, premises rental $289/m²
Agents: Dev Choudhury & Michael Nees

Forrest Hill

1-11 Grenada Avenue, shop 6:
Features: 64m² shop
Rent: leased in May for $13,200/year net + gst, premises rental $206/m²
Agents: Dev Choudhury

Hauraki

332 Lake Rd:
Features: 342m² car yard – yard 302m², office 40m²
Rent: leased in June for $36,000/year net + gst, premises rental $105/m²
Agents: Dean Gilbert-Smith

Attribution: Agency release.

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5 sales & 6 leases

Bayleys agents have completed 5 sales on the North Shore, in Henderson and on Waiheke Island, and 6 leases in the Auckland cbd, Avondale and on the Shore.

Sales

Hauraki Gulf islands

Waiheke Island

171 Carsons Rd:
Features: 8.95ha of land
Outcome: sold in May for $2.85 million + gst
Agents: Ranjan Unka & Brian Caldwell

North-east

Birkenhead

27-33 Mokoia Rd, unit 4:
Features: 59m² retail unit occupied by cafe on new 2-year lease with 2 2-year rights of renewal sold for $502,000 at a 4.98% yield
Rent: $25,000/year net + gst
Outcome: sold for $502,000 at a 4.98% yield
Agents: Owen Ding, Oscar Kuang, Michael Nees

27-33 Mokoia Rd, unit 5:
Features: 59m² retail unit occupied by Kebab Serai, one of the Turkish takeaway’s 4 Auckland outlets, on a lease until April 2020, 2 5-year rights of renewal
Rent: $24,000/year net + gst
Outcome: sold for $500,000 at a 4.8% yield
Agents: Owen Ding, Oscar Kuang & Michael Nees

Takapuna

8-12 The Promenade:
Features: 817m² corner site zoned metropolitan centre, frontage to 3 cbd streets, 1672m² 2-level commercial building, anchored by 2 restaurants & gym, range of office tenancies on the upper level & 373m² of vacant space, 18 open-air, rooftop parking spaces; 10 leases have final expiries ranging from 2018-28 and all but 2 have demolition clauses
Rent: $415,091/year net + gst
Outcome: sold for $7.4 million at a 5.61% yield
Agent: Brian Caldwell

North-west

Henderson

9-11 Aetna Place:
Features: 8712m² site, 6495m² industrial premises – 5095m² warehouse, 8.9-10.35m stud, multiple roller doors & 1120m² canopy, office & amenities 280m²
Outcome: sold with vacant possession for $9 million
Agents: Sunil Bhana, James Valintine, Mike Houlker & Matt Mimmack

Leases

CBD

Victoria Quarter

118-122 Nelson St:
Features: 1344m² office, 18 parking spaces
Rent: leased in April for $346,522/year net + gst (based on an average over 10 years), parking $50/space/week, premises rental $223/m²
Agents: Tonia Robertson + Jean Paul Smit

Isthmus west

Avondale

419A Rosebank Rd:
Features: 1692.39m² industrial property – warehouse 1,509.19m², showroom 137.17m², office 46.03m², 15 parking spaces
Rent: leased in April for $202,868.85/year net + gst, premises rental $120/m²
Agents: Tonia Robertson & Mark Preston

North-east

Albany

287 Oteha Valley Rd, unit 5:
Features: 150m² retail, shared parking
Rent: leased in April for $85,000/year net + gst, premises rental $566/m²
Agents: Steven Liu, Matt Lee & Quinn Ngo

Birkenhead

80-94 Mokoia Rd, shop 1B, 2 & 3:
Features: 429.3m² shop, 7 parking spaces
Rent: leased in April for $129,932/year net + gst, parking $20-25/space/week, premises rental $303/m²
Agent: Ildy Meixner

Wairau Valley

7 Kaimahi Rd:
Features: 958m² industrial unit warehouse 708m², office 83m², mezzanine 167m², 8 parking spaces
Rent: leased in May for $115,000/year net + gst, premises rental $120/m²
Agents: Trevor Duffin & Eddie Zhong

16 Woodson Place, unit C:
Features: 638m² industrial unit – warehouse 506m², office 120m², other 12m², 11 parking spaces
Rent: leased in May for $83,090/year net + gst, premises rental $130/m²
Agent: Trevor Duffin

Attribution: Agency release.

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4 auction sales for NAI Harcourts

NAI Harcourts has sold 3 properties at auction and another pre-auction, among 5 recent commercial sales in Birkenhead, Rosedale and at Papakura.

North-east

Birkenhead

35 Enterprise St, unit O:
Features: 898m² vacant industrial unit, 2-level office & showroom of 115m², seismic rating 100% of new building standard
Outcome: sold pre-auction for $1.91 million
Agents: Isaac Tankard & Andrew Bruce

Rosedale

45 Arrenway Drive, unit 9:
Features: vacant 93m² office unit
Outcome: sold for $415,000
Agent: Dave Lane

20 Constellation Drive, unit 8:
Features: 240m² retail/warehouse/office, 7 parking spaces
Rent: $41,200/year net + gst, opex $7800/year
Outcome: sold at auction for $886,000 at a 4.65% yield
Agents: Aaron Smith & Andrew Bruce

15-17 Saturn Place, unit 4:
Features: 389m2 office, showroom & warehouse
Outcome: sold at auction for $1.5 million at a 5.23% yield
Agents: Rob Meister & Andrew Bruce

South

Papakura

1B Old Wairoa Rd:
Features: 203m² industrial site, 120m² warehouse, 2 parking spaces
Rent: $27,600/year net + gst + outgoings
Outcome: sold at auction for $500,000 at a 5.52% yield
Agent: Isaac Tankard

Attribution: Agency release.

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2 sales & 7 leases on the Shore

Bayleys agents on the North Shore have completed 2 sales outside the auctionroom and signed 7 leases in the last month.

North-east

Sales

Rosedale

32 Constellation Drive, unit 1:

Features: 455m² retail & office, shared parking, occupied by Coffee Club & Meditation Tour Ltd
Rent: $134,829.96/year net + gst
Outcome: sold in February for $2.61 million + gst at a 5.16% yield, $5736/m²
Agents: Terry Kim & Ranjan Unka

Takapuna

2D Burns Avenue:
Features: 150m² office, 4 parking spaces
Outcome: sold vacant for $800,000 + gst at $5333/m²
Agents: Jane McKee, Dean Gilbert-Smith & Alex Strever

Leases

Albany

67 Corinthian Drive:
Features: 758m² office, 18 parking spaces
Rent: leased in March for $275,320/year net + gst, parking $35/space/week, premises rental $242,560/year at $320/m²
Agent: Dean Gilbert-Smith

3 Henry Rose Place, unit J:
Features: 298m² industrial unit – warehouse 168m², office 65m², showroom 65m², 7 parking spaces
Rent: leased in March for $45,000/year net + gst, premises rental $151/m²
Agents: Laurie Burt & Alex Strever

42 Tawa Drive, Building B, suite A:
Features: 81m² office, 3 parking spaces
Rent: leased in March for $25,270/year net + gst, parking $20/space/week, premises rental $22,150/year at $273/m²
Agents: Caroline McNaught & Dean Gilbert-Smith

Birkenhead

12 Birkenhead Avenue, shop 1:
Features: 92.6m² shop, parking space
Rent: leased in March for $28,960/year net + gst, parking $18.50/week, premises rental $28,000 at $302/m²
Agents: Michael Nees & Dev Choudhury

Browns Bay

731 Beach Rd, unit B:
Features: 55m² retail
Rent: leased in March for $18,000/yea net + gst, premises rental $327/m²
Agents: Adam Curtis & Dev Choudhury

Rosedale

100 Rosedale Rd, unit 1A:
Features: 110m² retail, 4 parking spaces
Rent: leased in February for $43,000/year net + gst, premises rental $40,001/year at $364/m²
Agent: Steven Liu

Wairau Valley

54 View Rd, F1 unit C:
Features: 59m² office, parking space
Rent: leased in March for $18,000/year net + gst, parking $20/week, premises rental $287/m²
Agents: David Han & Terry Kim

Attribution: Agency release.

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Long list of commercial sales & leases for Shore agents

Barfoot & Thompson Commercial agents on the North Shore have tallied up a long list of sales & leases over the summer – 6 sales & 22 leases, including involvement in some outside the north-east Auckland area.

Sales

North-east

Albany

236A Bush Rd:
Features: 387m² tenanted industrial building – 156m² warehouse, 137m² office, 96m² showroom
Outcome: sold for $1.25 million
Agents: Simon Farland, Chase Erceg & Lily Han

254 Cornerstone Drive, unit PU6:
Features: tenanted 64m² retail, 3 parking spaces
Rent: $42,000/year net + gst
Outcome: sold for $781,800
Agent: Brian Paulin

Rosedale

7 Triton Drive, unit D:
Features: 167m² tenanted retail space
Outcome: sold for $1.015 million
Agent: Nick Brown

44 William Pickering Drive, unit 8:
Features: 159m² vacant live & work
Outcome: sold for $720,000
Agent: David Cannon

North-west

Hobsonville

8 Workspace Drive:
Features: 2482m² land
Outcome: sold for $1.325 million
Agents: Paul Vermaak & Brian Paulin

North

Marsden Point

Marsden Point Rd:
Features: 59,423m² land
Outcome: sold for $500,000
Agent: David Goodhue

Leases

North-east

Albany

238F Bush Rd:
Features: 105m² office, 4 parking spaces
Rent: not given
Agents: North Shore Commercial

18 Oteha Valley Extension:
Features: 155m² work & live, 2 parking spaces
Rent: not given
Agents: Elaine Tutty & David Cannon

270 Oteha Valley Rd, unit 7:
Features: 90m² retail
Rent: leased for $51,375/year net + gst
Agent: Lily Han

Birkenhead

88 Hinemoa St:
Features: 136m² retail, one parking space
Rent: leased for $26,500/year net + gst
Agent: Gary Seekup

Browns Bay

21-27 Clyde Rd:
Features: 103m² retail, 3 parking spaces
Rent: leased for $48,837/year net + gst
Agent: Bruce Jiao

Rosedale

4 Antares Place, unit D:
Features: 121m² ground-floor office, 3 parking spaces
Rent: leased for $32,160/year net + gst
Agent: Brian Paulin

4 Antares Place, unit F:
Features: 105m² retail, 3 parking spaces
Rent: leased for $27,000/year net + gst
Agents: Brian Paulin & Max Andrews

59 Apollo Drive:
Features: 184m² office, 5 parking spaces
Rent: leased for $54,340/year net + gst
Agent: Brian Paulin

87 Apollo Drive:
Features: 108m² retail, 5 parking spaces
Rent: leased for $65,000/year net + gst
Agent: Brian Paulin

63 Arrenway Drive, unit 13:
Features: 120m² business unit – office 80m², warehouse 40m², 2 parking spaces
Rent: leased for $25,000/year net + gst
Agent: Lily Han

10 Canaveral Drive, unit 5D:
Features: 92m² office, 4 parking spaces
Rent: leased for $24,000/year net + gst
Agent: Max Andrews

43 Omega St, unit GE:
Features: 246m² office, 7 parking spaces
Rent: leased for $66,320/year net + gst
Agents: Barfoot & Thompson North Shore Commercial

19B William Pickering Drive:
Features: 403m² industrial building – 196m² warehouse, 207m² office, 8 parking spaces
Rent: leased for $65,000/year net + gst
Agent: David Cannon

Silverdale

177 Millwater Parkway, shop 8:
Features: 86.38m² retail
Rent: leased for $33,552/year net + gst
Agent: Lily Han

Takapuna

9 Anzac St:
Features: 174m² office
Rent: leased for $38,180
Agent: Max Andrews

16 Byron Avenue:
Features: 120m² office, 4 parking spaces
Rent: leased for $35,000/year net + gst
Agent: Nick Brown

56-60 Hurstmere Rd, shop 4:
Features: 53.23m² retail
Rent: leased for $31,920/year net + gst
Agent: Max Andrews

507 Lake Rd:
Features: 106m² office
Rent: leased for $33,000/year net + gst
Agent: Brian Paulin

Wairau Valley

59 Hillside Rd:
Features: 1440m² industrial building plus yard
Rent: leased for $160,000/year net + gst
Agent: Gary Seekup

11 Silverfield, unit 10:
Features: 160m² industrial building, 3 parking spaces
Rent: leased for $23,000/year net + gst
Agent: David Cannon

North-west

Kumeu

156C Main Rd:
Features: 449m² industrial building – 382m² warehouse, 67m² office, 10 parking spaces
Rent: leased for $55,000/year net + gst
Agents: David Herron & Chase Erceg

South

Wiri

20 Hobill Avenue:
Features: 500m² industrial building
Rent: leased for $120,000/year net + gst
Agents: Paul Vermaak & James Marshall

Attribution: Agency release.

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Bayleys Shore agents start 2018 with 4 commercial leases

Bayleys agents on the North Shore have started 2018 with 4 commercial leases signed, plus one more completed in December.

Leases

North-east

Albany

14 Corinthian Drive, unit 4B:
Features: 84m² retail unit – retail area 70m², other area 14m², no parking
Rent: leased in January for $43,000/year net + gst, premises rental $512/m²
Agents: Dev Choudhury & Damian Stephen

254 Cornerstone Drive, shop 15, ground floor of Ramada Hotel building:
Features: 93m² retail unit on ground floor of Ramada Hotel, 21m² outdoor area, 4 exclusive parking spaces + shared spaces
Rent: leased in January for $48,000/year net + gst
Agent: James Yu

Birkenhead

39 Rawene Rd, ground-floor office:
Features: 50m² office, 3 parking spaces 
Rent: leased in January for $10,000/year net + gst, parking $15/space/week
Agents: Caroline McNaught & Michael Nees

Rosedale

3 John Glenn Avenue, office C:
Features: 182m², 5 parking spaces
Rent: leased in December for $36,000/year net + gst
Agents: Jane Mckee, Laurie Burt, Alex Strever & Caroline McNaught

40 William Pickering Drive, unit C:
Features: 294m² industrial unit – office 36m², warehouse 154m², other area 104m², 5 parking spaces
Rent: leased in January for $46,000/year net + gst
Agents: Laurie Burt & Chris White

Attribution: Agency release.

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Bayleys office ends year with 9 sales & 11 leases

Bayleys agents from the North Shore branch have started the year reporting 9 sales & 11 leases in November & December.

5 of the sales and 9 of the leases were on the Shore and at Silverdale. The rest were in Epsom, Grafton, Huntly, New Lynn & Westgate.

Sales

Isthmus east

Epsom

1B Edgerley Avenue:
Features: 357m² mixed-use property
Rent: $40,037/year net + gst
Outcome: sold at auction in December for $1.26 million + gst, yield 3.18%
Agent: Terry Kim

North-east

Rosedale

1-3 Parkhead Place:
Features: 4532m² industrial site, 2424m² building
Rent: $393,400/year net + gst
Outcome: sold in December for $5.1 million + gst at a 7.7% yield, $2104/m² land & building
Agents: Alex Strever, Laurie Burt & Matt Mimmack

4 Piermark Drive, unit D:
Features: 372.2m² industrial unit – office 175m², warehouse 150m², other area 47.2m², 7 parking spaces
Outcome: sold at auction in December for $920,000 + gst, at $2472/m² land & building
Agent: James Kidd

14-22 Triton Drive, unit C2:
Features: 130m² unit – office 90m², warehouse 40m², 3 parking spaces
Outcome: sold in December for $480,000 + gst, at $3692/m² land & building
Agents: James Yu & Alex Strever

14-22 Triton Drive, unit C3:
Features: 237.2m² unit – warehouse 55,9m², office 181.3m², 4 parking spaces        
Outcome: sold in December for $785,000 + gst, at $3309/m² land & building
Agent: Alex Strever

Silverdale

162 Foundry Rd:
Features: 2002m² site, 1032m² building
Rent: about $150,000/year net + gst
Outcome: sold in November for $3.05 million + gst, at 4.92% yield, $2955/m² land & building
Agents: Rosemary Wakeman & Matt Mimmack

North-west

Westgate

Northside Drive, lot 1, unit 6:
Features: 294m² industrial unit, 4 parking spaces
Outcome: sold in November for $990,000 + gst, at $3367/m² land & building
Agents: >Matt Mimmack & Ashton Geissler

Northside Drive, lot 1, unit 4:
Features: 309m² industrial unit, 4 parking spaces
Outcome: sold in November for $1.06 million + gst, at $3430/m² land & building
Agents: Matt Mimmack & Ashton Geissler

South of the Bombays

Waikato

Huntly

3768 State Highway 1:
Features: motel business on 3065m² site, 690m² floor area
Income: $68,000/year net + gst
Outcome: sold in December for $1.25 million + gst at 5.4% yield
Agent: David Han

Leases

Isthmus east

Grafton

14 Burleigh St, part ground floor:
Features: 561m² office, 16 parking spaces
Rent: leased in November for $144,360/year net + gst, $111,080 excluding parking, parking $40/space/week, premises rental $198/m²
Agent: Dean Gilbert-Smith

North-east

Albany

86 Bush Rd, unit U:
Features: 92m² office unit
Rent: leased in December for $29,660/year net + gst, net excluding parking $25,760/year + gst, premises rental $280/m²
Agent: Jane Sims

Birkenhead

65 Birkenhead Avenue, basement:
Features: 200m² industrial space, parking space
Rent: $30,000/year net + gst
Agents: Adam Watton & Adam Curtis

Gulf Harbour

69 Gulf Harbour Drive, unit H:
Features: 145m² retail area, 8 parking spaces
Rent: $38,160/year net + gst
Agent: Terry Kim

Rosedale

5 Beatrice Tinsley Crescent, unit B:
Features: 361m² industrial unit, 5 parking spaces
Rent: leased in December for $50,000/year net + gst
Agent: Laurie Burt

10B Canaveral Drive:
Features: 300m² industrial, 5 parking spaces
Rent: leased in December for $52,000/year net + gst, net excluding parking $52,000, premises rental $173/m²
Agent: James Kidd

7 Vega Place, unit F:
Features: 132m² industrial unit, 2 parking spaces
Rent: leased in December for $23,000/year net + gst, net excluding parking $23,000, premises rental $174/m²
Agent: Laurie Burt

45 William Pickering Drive, unit A:
Features: 340m² industrial unit, 7 parking spaces
Rent: leased in December for $65,000/year net + gst, net excluding parking $65,000/year + gst, premises rental $191/m²
Agents: James Kidd & Laurie Burt

51 William Pickering Drive, unit 9, level 1:
Features: 60m² office space, parking space
Rent: leased in December for $14,000/year net + gst, net excluding parking $14,000, premises rental $233/m²
Agent: Terry Kim

Silverdale

10 Silverdale St, shops 2 & 3:
Features: 262m² retail area, no parking
Rent: leased in December for $98,000/year net + gst, premises rental $374/m²
Agents: Adam Curtis & Adam Watton

North-west

New Lynn

3047 Great North Rd, first floor:
Features: 370m² office, 10 parking spaces
Rent: leased in November for $93,000/year net + gst, $80,000 excluding parking, parking $25/space/week, premises rental $251/m²  
Agents: Chris White & Damian Stephen

Attribution: Agency release.

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