Archive | Wainui

4 sales & 2 leases for Shore agents

Bayleys commercial agents on the North Shore have sold 3 Rosedale properties and one in Takapuna, and signed up 2 leases.




43 Omega St, unit 1B:
Features: 190m² office unit, 5 parking spaces
Outcome: sold vacant this week for $745,000 + gst
Agents: Alex Strever, Ildy Meixner and Barfoot & Thompson

10 Orbit Drive, unit A:
Features: 1097m² industrial unit occupied by Cellnet Ltd – warehouse 838m², office 258m², canopy 40m², 15 parking spaces
Rent: $160,000/year net + gst
Outcome: sold in August for $3.375 million + gst at a 4.74% yield
Agents: Matt Mimmack & Laurie Burt

13 Piermark Drive, unit D:
Features: 527m² industrial unit – warehouse 410m², office 117m², 9 parking spaces
Outcome: sold for $1.55 million + gst
Agents: Matt Mimmack & James Kidd


1 Shea Terrace:
Features: 1012m² site, 660m² office building, 18 parking spaces, Waitemata District Health Board occupies top floor
Rent: rent from health board $102,620/year net + gst; notional rent $203,840/year net + gst; vendor underwrite option on recently vacated ground floor of $101,220/year net + gst not taken up by buyer
Outcome: sold part-vacant in August for $3.55 million + gst at a 5.74% yield
Agents: Michael Nees, Damian Stephen, Adam Curtis & Adam Watton



5 Parkhead Place:
Features: 649m² industrial property, 12 parking spaces
Rent: leased in August for $90,000/year net + gst
Agents: Matt Mimmack & Laurie Burt


543 Waitoki Rd:
Features: 1000m² industrial yard, container area 450m²
Rent: leased in August for $31,900/year net + gst
Agents: Rosemary Wakeman & Laurie Burt

Attribution: Agency release.

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$15,000/m² for 40-year-old apartment, $47,300/ha for Wainui farm

Bidders came & went, and at $860,000 a unit in a 12-apartment block in St Marys Bay was on the market. With the auctioneer’s hammer almost into the downswing, a new bidder entered the fray, the jousting went in thousands, $500s & $5000s and the late bidder won the contest at an even $1 million.

This was the only apartment up for auction at Bayleys yesterday and it attracted a large audience, as is often the case with highly prized areas.

The auction came a day after the Real Estate Institute warned that the Auckland residential market appeared to have only glimpsed at cooling before continuing upward again. For this 1970s unit, assuming $150,000 for parking, the price would still be around $15,000/m² internal – around the price developers are seeking for new central apartments being marketed.

The price of an apartment a short walk from Ponsonby Rd can’t easily be compared with the value of a small farm just outside the northern urban growth zone, but a short drive from the new motorway ramp at Wainui.

Being outside the future urban zone of the proposed unitary plan, the farm is “just” a farm.

Isthmus west

St Marys Bay

1G Caroline St:
Features: 57m², 2 bedrooms, Juliette balcony, 20m² courtyard, single garage + one offstreet parking space
Outgoings: body corp levy $3105/year
Outcome: sold for $1 million
Agent: Suzie Paine

Earlier story:
13 April 2016: Median house sale prices hit new records



The farm at 283 Monowai Rd, Wainui.

The farm at 283 Monowai Rd, Wainui.

283 Monowai Rd:
Features: 40.25ha beef & sheep farm, rolling hills, elevated views, water supply, 3-bedroom home plus barns & sheds
Outcome: sold for $1.905 million at $47,329/ha
Agents: Karen Asquith & Graeme Mann

Attribution: Auction.

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Cleanfill proposed for Wainui

Published 7 April 2008

Jurisdiction: Rodney District


Neighbourhood: Wainui


Applicant: Kahikatea Land Ltd (Craig Beecroft, Dairy Flat; & Warren Dryden, Remuera)


Application detail: Whitehills Rd, application for consent for a cleanfill activity in the general rural area, which is non-complying


Notification date: 3 April


Submission closure date: Monday 5 May


Other details: Mr Beecroft is a director of Cavanaugh Finance Ltd, Fountainhead Family Trust Ltd, Gervin Rd Farm Ltd, Gulf View Trust Ltd, Horseshoe Bush Farming Trust Ltd, Horseshoe Bush Rental Investment Ltd, Kauri Heights Ltd, Kauri Park Farm Investment Ltd, Matakana Lifestyle Trust Ltd, Nature View Ltd, Northern Lights Trust Ltd, Panorama Estates Ltd, Rixington Group Ltd, Summervale Holdings Ltd & Sunny Valley Farm Investment Trust Ltd. Mr Dryden is a director of Dryden Property Ltd & Pania Custodians Ltd. McLeod Group Ltd (John Baker, city; & 2 directors who joined him in a newly incorporated McLeod Group last year, Shane Albrecht, Mt Eden; & Anthony Dainty, Freemans Bay) has a large minority interest.


Want to comment? Email [email protected].


Attribution: Council notice, story written by Bob Dey for this website.

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Proposal for Kelly Park film zone notified

Published 19 December 2007

Jurisdiction: Rodney District


Neighbourhood: Wainui


Applicant: Council


Application detail: 909 Haruru Rd, plan change 108 to the operative district plan, and variation 110 to the proposed district plan, introduction of Kelly Park special zone.


The plan change & variation introduce the special 28 film zone to land known as Kelly Park, a 400ha rural property being used for film activities. The plan change & variation would allow for film-related activities including buildings, “while retaining the essential elements of the rural character of the site and the role it plays in the local area”.


Notification date: 18 December


Submission closure date: Monday 25 February


Website: Kelly Park special zone pdf


Earlier story:

8 April 2001: ARC versus an equestrian park


Want to comment? Click on The new BD Central Forum or email [email protected].


Attribution: Council notice, story written by Bob Dey for this website.

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