2 light industrial properties were passed in at Barfoot & Thompson Commercial auctions this week, at land prices illustrating how acute the supply of industrial land around Auckland has become.
Auckland mayor Phil Goff & Transport Minister Phil Twyford said at the weekend Puhinui Station in South Auckland would be turned into a rail & bus interchange at a cost of $60 million, linking to the rapid transit line to the airport.
Auckland Transport functions; Also: Campground’s future, subdivision names, city land sale
Bayleys sold 7 of the 11 properties taken to auction on Wednesday, in its third Total Property campaign of the year. Another property was sold prior and 2 were withdrawn from the auction.
Synlait Milk Ltd chief executive Leon Clement expanded on Friday on how the company proceeded to develop a dairy factory on land at Pokeno where restrictive covenants were removed by court order, then reinstated.
An East Tamaki warehouse unit was sold at Bayleys’ auction last week, but a Courtville apartment opposite the High Court and a Half Moon Bay townhouse were passed in.