A half-hectare East Tamaki property sold in November 2016 for $560/m² has been resold at $820/m² – a 46% gain in 29 months for a site that’s advanced from bus depot to car sales yard.
NAI Harcourts had 8 registered buyers when it auctioned an Airport Oaks industrial site last week, and sold it after strong bidding.
Savills agents have leased an Ascot Rd warehouse in the Airport Oaks precinct of Mangere.
Commercial Realty Ltd agents have completed 4 $50,000-plus industrial property sales & 6 leases in the 3 months November-January.
A sale at Bayleys’ East Tamaki office yesterday kicked off the agency’s 8th Total Property auction round for the year.
An Ellerslie fruit & vege store has been sold a month post-auction. Bayleys agents have also sold 4 property in industrial zones in Mangere, Onehunga & Otara, and a vacant shop in Favona.