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.
Bayleys sold 11 properties for $21.6 million at its final Total Property commercial auction in Auckland on Wednesday.
A sale at Bayleys’ East Tamaki office yesterday kicked off the agency’s 8th Total Property auction round for the year.
4 of the 7 Auckland commercial properties offered at Bayleys’ second Total Property auction of the year on Wednesday sold under the hammer, and another commercial property sold the previous day at an East Tamaki auction. 3 properties were passed in.
3 sales by Bayleys agents have confirmed a strengthening commercial real estate market on the Hibiscus Coast.
Auckland Council’s finance & performance committee agreed yesterday – against strong minority opposition – to sell 7 of its offices & parking lots around the region, including the former council chambers of 3 of the super-city’s predecessor councils.