Commercial Realty Ltd agents have completed 2 sales & 6 leases with values over $50,000 in the last 3 months.
The softening in property markets has been evidenced by 2 sales, one in New Lynn passed in at auction in April and sold 4 months later for the same figure, the other a Mt Roskill property with a mix of uses.
8 apartments, townhouses & suburban cross-leased properties were sold out of 28 offered at Barfoot & Thompson’s auctions in its city office this week. The one commercial property auctioned, a West Auckland industrial unit taken to court-ordered auction by the body corporate, was sold under the hammer.
Commissioners have approved Neil Construction Ltd’s special housing area application to rezone 26ha at Swanson from future urban to the mixed housing suburban & single house zones, and an initial development application for part of it.
Bayleys agents have signed 4 sales in the north-west of the region, and one lease.
Bayleys agents have recorded 4 sales & a lease in West Auckland.