Archive | CBD and fringe

5 apartments sell under hammer at 2 Ray White auctions

4 apartments sold under the hammer at Ray White City Apartments’ auction yesterday, out of 9 offered, and another one was sold at the agency’s Grey Lynn branch in the evening.

The Grey Lynn offerings were both in old buildings – the one sold was in Courtville, across the road from the High Court, and the other was in Dunningham House, at the foot of Nelson St.

 

Courtville, across the road from the High Court.

Courtville, across the road from the High Court.

CBD

Learning Quarter

Courtville, 11 Parliament St, unit 26:
Features: 97m², 2 bedrooms
Outgoings: not given
Income assessment: not given
Outcome: sold for $680,000
Agents: Suzie Paine & Simon Smith

Romano, 75 Anzac Avenue, unit 1J:
Features: 55m², one bedroom, recently refurbished, parking space, storage locker
Outgoings: rates $1624/year including gst; body corp levy $3794/year, $162/year for the parking
Income assessment: $450-500/week
Outcome: passed in at $291,000
Agent: Tim Warmington

Sapphire, 76 Wakefield St, unit 510:
Features: 53m², furnished 2 bedrooms, deck
Outgoings: rates $1061/year including gst; body corp levy $3982/year
Income assessment: $410-440/week
Outcome: passed in at $308,000
Agents: Michelle & Judi Yurak

St Paul Apartments, 4 St Paul St, unit 5C:
Features: 34m², furnished one bedroom, deck, substantial remedial work
Outgoings: rates $850/year including gst; body corp levy $6235/year
Income assessment: $300/week
Outcome: sold for $30,000
Agents: Michelle & Judi Yurak

St Paul Apartments, unit 9B:
Features: 34m², one bedroom, substantial remedial work
Outgoings: rates $876/year including gst; body corp levy $7009/year
Income assessment: $300/week
Outcome: sold for $33,000 same buyer
Agents: Marcus Fava & James Mairs

Uptown

Alpha, 17 Vogel Lane, unit 401:
Features: m², 3 bedrooms, 2 bathrooms, large deck, secure basement parking space
Outgoings: rates $1340/year including gst; body corp levy $5000/year
Income assessment: $595/week
Outcome: sold for $471,000
Agents: Ellen Sparnon & Krister Samuel

Uptown, 14 Upper Queen St,unit 1L:
Features: 70m², fully furnished 2 double bedrooms, 2 bathrooms, parking space
Outgoings: rates $1340/year including gst; body corp levy $3850/year
Income assessment: $550/week
Outcome: passed in at $340,000
Agents: Adele Keane & Krister Samuel

Victoria Quarter

Dunningham House, 20 Wolfe St, unit 2A:
Features: 98m², 2 double bedrooms, parking space at Farmers
Outgoings: not given
Income assessment: not given
Outcome: passed in at $420,000
Agents: Maxine Lees & Suzie Calderwood

Heritage Tower, 22 Nelson St, unit 411:
Features: 45m², furnished one bedroom
Outgoings: rates $931/year including gst; body corp levy $3855/year + gst
Income assessment: $430/week, fixed until August 2014
Outcome: sold for $227,500
Agents: Damian Piggin & Daniel Horrobin

Waterfront

Le Parc, Vibe, 16 Market Place, unit 2E:
Features: 101m², leasehold, fully furnished 2 bedrooms, 2 bathrooms including master ensuite, large deck, secure parking space, storage locker
Outgoings: rates $2347/year including gst; body corp levy $9644/year, ground rent $10,065/year
Income assessment: $800/week
Outcome: passed in at vendor bid of $350,000
Agent: Ann Bennett

Le Parc, Vibe, 16 Market Place, unit 4C:
Features: leasehold, 92m², fully furnished 2 bedrooms, 2 bathrooms including master ensuite, deck, secure parking space, storage locker
Outgoings: rates $2192/year including gst; body corp levy $8437/year, ground rent $8805/year
Income assessment: $780/week
Outcome: passed in at vendor bid of $350,000
Agent: Ann Bennett

Attribution: Company release.

Continue Reading

Propbd on Q Thurs14Nov13 update – Te Arai scheme approved – 16 sales at 4 auctionrooms

4.38pm:
Te Arai housing development approved

Auckland Council hearing commissioners have approved a 46-house development on Te Uri o Hau land at Te Arai, immediately south of Mangawhai in the top right-hand corner of the Auckland region.

As a result, the hapu will formally offer to gift 172ha of its total 616ha of coastal land to Auckland Council. Added to 87ha the council already owns, the gifted land will create a 259ha park at Te Arai Point.

A private golfcourse, owned by Los Angeles financier & golf enthusiast Ric Kayne & his wife Suzanne, is under construction on the seaward side of the old pine forest where the house sites will be.

4.02pm:
An extra auction result – from Bayleys

An industrial building with potential for residential conversion, and an apartment in the Dilworth building at the foot of Queen St were sold under the hammer at Bayleys’ auction yesterday. Most of the other properties up for auction were standalone residential.

Eden Terrace, 4 Porters Avenue, 789m² industrial building with potential for residential conversion, sold for $1.435 million, sales agents James Were & Scott Kirk
CBD, Dilworth building, 22 Queen St, unit 7G, 2-bedroom apartment sold for $601,000, Julie Prince & Diane Jackson

2.56pm:
8 sales made out of 12-property Barfoots commercial auction list

6 properties sold under the hammer out of 11 offered at Barfoot & Thompson Commercial’s auction today, a post-auction offer was accepted on a seventh and another sold prior.

Milford, 83-85 Kitchener Rd, sold for $1.15 million at a 5.2% yield, sales agents Gary Seekup & Bruce Jiao
Takanini, 302 Great South Rd, post-auction offer at $1.6 million accepted, David Palmer & Cam Paterson
Victoria Quarter, 51-53 Nelson St, no bid, Marie-Ann Molloy
Kumeu, 63 Main Rd, sold for $1.575 million at a 6.98% yield, David Palmer & Cam Paterson
New Lynn, 10-12 Margan Avenue, sold for $1.895 million at a 4.48% yield, Agnes Teh
Te Atatu Peninsula, 572 Te Atatu Rd, passed in at $900,000, David Palmer
Grafton, 124 Symonds St, passed in at $870,000, Wayne Muir
Parnell, 235 Parnell Rd, sold for $2.5 million, Marie-Anne Molloy & Wayne Muir
Otara, 17 Fair Mall, sold for $1.615 million, Agnes Teh
Northcote, 23 Ocean View Rd & 2 Hillcrest Avenue, passed in at $3.75 million, Nigel Hall
Browns Bay, 39 Anzac Rd, sold for $1.55 million, Gary Seekup & Tim Bibby
Te Atatu South, 182 McLeod Rd, sold prior for $1.2 million, Greg Clarke

4 apartments sell under hammer

4 apartments sold under the hammer at Ray White City Apartments’ auction today, out of 9 offered.

St Paul Apartments, 4 St Paul St, unit 5C, sold for $30,000, sales agents Michelle & Judi Yurak
St Paul Apartments, unit 9B, sold for $33,000 to the same buyer, Marcus Fava & James Mairs
Heritage Tower, 22 Nelson St, unit 411, sold for $227,500, Damian Piggin & Daniel Horrobin
Uptown, 14 Upper Queen St,unit 1L, passed in at $340,000, Adele Keane & Krister Samuel
Alpha, 17 Vogel Lane, unit 401, sold for $471,000, Ellen Sparnon & Krister Samuel
Romano, 75 Anzac Avenue, unit 1J, passed in at $291,000, Tim Warmington
Le Parc, 16 Market Place, unit 2E, passed in at vendor bid of $350,000, Ann Bennett
Le Parc, 16 Market Place, unit 4C, passed in at vendor bid of $350,000, Ann Bennett
Sapphire, 76 Wakefield St, unit 510, passed in at $308,000, Michelle & Judi Yurak

Both properties sell at Colliers auction

Both properties offered at Colliers International’s auction today sold under the hammer – one a Henderson warehouse, the other a vacant Albany area shop in a block of 9.

Henderson, 1 Corban Avenue, sold for $1.15 million at an 8.43% yield, sales agents Chris Upright & Shoneet Chand
Albany, 7 Triton Avenue, unit 1, sold for $735,000, Janet Marshall & Craig Newth

Background

A new page introduced to The Bob Dey Property Report last year, Propbd on Q has resumed appearing daily, hence fresh cut. It will, in essence, be a running commentary on the day’s news – focusing on property & business around Auckland, NZ securities and emanating from Auckland Council.

Items will be brief, with links to outside sources where quickly available, and with links to previous stories on this site. Many of the items will take the place of stories (which have frequently ended up uncompleted); some will link to stories the same day and some, such as auctions & court liquidations, will be expanded into more detailed stories.

Attribution: Auctions.

Continue Reading

Hectic bidding as 4 units sell under hammer

Auctioneer Ted Ingram was surrounded by up to 7 bidders at a time as he sold 4 apartments under the hammer at Ray White City Apartments’ auction today.

After that flurry of activity, the fifth unit was passed in on a vendor’s bid substantially above the last buyer bid, but there was conditional interest. And then the final property offered attracted no bid at all.

CBD

Learning Quarter

Connaught, 14 Waterloo Quadrant, unit 6I:
Features: 35m² furnished studio + deck, storage locker
Outgoings: rates $937/year including gst; body corp levy $3555/year including Sky TV
Income assessment: $350/week
Outcome: sold for $248,200
Agents: Michelle & Judi Yurak

The Quadrant, 10 Waterloo Quadrant, unit 1405:
Features: 32m², fully furnished one bedroom
Outgoings: rates $2111/year including gst; body corp levy $3807/year
Income assessment: in hotel pool
Outcome: sold for $196,500
Agents: Damian Piggin & Daniel Horrobin

Queen St valley

The Guardian, 105 Queen St, unit 301:
Features: 43m², furnished one bedroom, deck
Outgoings: rates $1190/year including gst; body corp levy $3708/year
Income assessment: $350/week
Outcome: sold for $197,000
Agents: Michelle & Judi Yurak

Victoria Quarter

Marina Apartments, 146 Fanshawe St, unit 10:
Features: 56m², one bedroom, tandem parking
Outgoings: rates $961/year including gst; body corp levy $1155/year
Income assessment: apartment $320/week, parking space $40/week
Outcome: sold for $241,000
Agents: Adele Keane & Krister Samuel

Isthmus east

Parnell

Quest Parnell, 6-8 Heather St, unit 4H11:
Features: studio
Outgoings: rates not given; body corp levy $869/year
Income assessment: in hotel pool
Outcome: no bid
Agent: Monique Tse

Isthmus west

St Lukes

20 Morningstar Place, unit 4D:
Features: vacant 102m² penthouse, 3 bedrooms, 1.5 bathrooms, covered parking space
Outgoings: rates $1455/year including gst; body corp levy $6479/year
Income assessment: $550/week
Outcome: passed in at vendor bid of $430,000
Agent: Manju Raj

Attribution: Auction.

Continue Reading

3 apartments sell under hammer, and leasehold unit under negotiation

3 apartments were sold under the hammer at City Sales’ auction yesterday, and negotiations were under way on the fourth, a leasehold unit in The Docks.

CBD

Learning Quarter

96 on Symonds, 96 Symonds St, unit 1103:
Features: vacant 36m², 2 bedrooms, deck
Outgoings: rates $906/year including gst; body corp levy $4087/year
Income assessment: not given
Outcome: sold for $220,000
Agent: Maryanne Wong

Quay Park

The Docks, 2 Dockside Lane, unit 506:
Features: leasehold, 75m², 2 bedrooms, 2 bathrooms, large deck, parking space
Outgoings: rates $1521/year including gst; body corp levy $6626/year, ground lease $6071/year
Income assessment: $600/week
Outcome: passed in at $160,000
Agents: May Ma & Mark Li

Uptown

Kiwi on Queen, 421 Queen St, unit 211:
Features: vacant, semi-furnished 41m², 2 bedrooms, deck
Outgoings: rates $999/year including gst; body corp levy $4368/year after 10% discount
Income assessment: $380-420/week
Outcome: sold for $201,000
Agent: Habeeb Urrahman

Victoria Quarter

H47, 47 Hobson St, unit 710:
Features: 45m², one bedroom
Outgoings: rates $999/year including gst; body corp levy $2862/year after 10% discount
Income assessment: $330/week fixed until February
Outcome: sold for $281,500
Agents: May Ma & Mark Li

Attribution: Auction.

Continue Reading

Propbd on Q, cut fresh – Wednesday 6 November 2013

2.40pm:
3 apartments sell at City Sales, negotiations under way on fourth

3 of the 4 apartments offered at City Sales’ auction today were sold under the hammer, and negotiations were under way on the fourth. Results:

Kiwi on Queen, 421 Queen St, unit 211, sold for $201,000, sales agent Habeeb Urrahman

H47, 47 Hobson St, unit 710, sold for $281,500, May Ma & Mark Li

96 on Symonds, 96 Symonds St, unit 1103, sold for $220,000, Maryanne Wong

The Docks, 2 Dockside Lane, unit 506, leasehold, passed in at $160,000, May Ma & Mark Li

Background

A new page introduced to The Bob Dey Property Report last year, Propbd on Q has resumed appearing daily, hence fresh cut. It will, in essence, be a running commentary on the day’s news – focusing on property & business around Auckland, NZ securities and emanating from Auckland Council.

Items will be brief, with links to outside sources where quickly available, and with links to previous stories on this site. Many of the items will take the place of stories (which have frequently ended up uncompleted); some will link to stories the same day and some, such as auctions & court liquidations, will be expanded into more detailed stories.

Attribution: Auction.

Continue Reading

Grey Lynn apartment sold

A city fringe apartment in Grey Lynn was sold at Bayleys’ residential auction last week, along with 2 other apartments earlier reported.

Isthmus west

Grey Lynn

19 Surrey Crescent, unit 304:
Features: 105m², 2 bedrooms, 2 bathrooms, side-by-side parking spaces, electronic aluminium shutters, entertainers’ deck & heated floors
Outgoings: rates $1791/year including gst; body corp levy $4980/year
Income assessment: not given
Outcome: sold for $630,000
Agent: Blair Haddow

Attribution: Agency release.

Continue Reading

2 apartments sell at Bayleys

Both apartments taken to auction at Bayleys’ residential auction yesterday were sold under the hammer.

CBD

Queen St valley

Hampton Court, 182 Federal St, unit 6B:
Features: 56m², 2 bedrooms, behind St Matthews Church
Outgoings: rates $1138/year including gst; body corp levy $6770/year
Income assessment: not given
Outcome: sold for $325,000
Agents: Diane Jackson & Julie Prince

Waterfront

148 Quay St, unit 4C:
Features: 111m², 2 bedrooms, 2 bathrooms
Outgoings: rates $2385/year including gst; body corp levy $6308/year excluding water & gas
Income assessment: not given
Outcome: sold for $580,000
Agents: Diane Jackson & Julie Prince

Attribution: Auction documents.

Continue Reading

2 apartments sell at Ray White auction

2 apartments were sold under the hammer at Ray White City Apartments’ auction yesterday – a small unit in the Zest apartments and a large hotel suite in Oaks on Hobson.

CBD

Learning Quarter

The Pullman, 6 Princes St, unit 11E:
Features: 86m², one bedroom, walk-through wardrobe, full-width balcony, parking space
Outgoings: rates $1650/year including gst; body corp levy $9747/year
Income assessment: vacant
Outcome: passed in at $450,000
Agent: Carla Pedersen

Tetra, 85 Wakefield St, unit 603:
Features: 40m², fully furnished 2 bedrooms, balcony
Outgoings: rates $890/year including gst; body corp levy $4507/year
Income assessment: $470/week fixed until March
Outcome: passed in at $251,000
Agent: Leo Zhu

Queen St valley

The Federal, 207 Federal St, unit 506:
Features: 61m², furnished 2 bedrooms
Outgoings: rates $1123/year including gst; body corp levy $4902/year
Income assessment: $450/week
Outcome: passed in at $274,000
Agent: Dominic Worthington

Victoria Quarter

Oaks on Hobson, 188 Hobson St, unit G01:
Features: 44m², furnished 2-bedroom hotel suite
Outgoings: rates $2210/year including gst; body corp levy $4677/year
Income assessment: subject to hotel lease
Outcome: sold for $141,000
Agent: Dominic Worthington

The Peaks, 117 Victoria St West, unit 9A:
Features: 3 bedrooms, 2 bathrooms, balcony, 2 parking spaces
Outgoings: rates $2285/year including gst; body corp levy $6843/year
Income assessment: $900/week
Outcome: passed in at $800,000
Agent: Jean Ooi & Sam Huang

Zest, 72 Nelson St, unit 508:
Features: 21m², furnished one bedroom
Outgoings: rates $720/year including gst; body corp levy $2110/year
Income assessment: $265/week fixed until February
Outcome: sold for $138,250
Agents: Michelle & Judi Yurak

Attribution: Auction documents.

Continue Reading

Grand apartment in Westminster Court sells

A large apartment in Westminster Court – a grand old building opposite the High Court, brought back to life in the 1980s – was sold at Bayleys’ auction on Tuesday.

Learning Quarter

Westminster Court, 5 Parliament St, unit 5D:
Features: 134m², 2 bedrooms, 2 bathrooms, 2 parking spaces
Outgoings: rates $2383/year including gst; body corp levy $10,923/year
Outcome: sold for $768,000
Agents: Diane Jackson & Julie Prince

Attribution: Agency release.

Continue Reading

Aura & Zest units sell

Units in the Aura & Zest building were sold under the hammer at Ray White City Apartments’ auction today. 3 other properties were passed in.

CBD

Queen St valley

Precinct, 6 Lorne St, unit 1203:
Features: 58m², 2 bedrooms, 2 bathrooms including ensuite
Outgoings: rates $1898/year including gst; body corp levy $7589/year
Income assessment: sold vacant
Outcome: passed in at $470,000
Agents: Damian Piggin & Daniel Horrobin

Victoria Quarter

Aura, 53 Cook St, unit 1310:
Features: 49m², furnished 2 bedrooms, deck
Outgoings: rates $983/year including gst; body corp levy $4787/year
Income assessment: $450/week, fixed until April
Outcome: sold for $240,000
Agents: Damian Piggin & Daniel Horrobin

Heritage Farmers, 35 Hobson St, unit 808:
Features: 107m² penthouse, 2 bedrooms, 2 bathrooms, secure parking space
Outgoings: rates $1944/year including gst; body corp levy $14050/year
Income assessment: vacant
Outcome: passed in at $550,000
Agent: Mitch Agnew

Zest, 72 Nelson St, unit 416:
Features: 21m², furnished one bedroom
Outgoings: rates $720/year including gst; body corp levy $2164/year
Income assessment: $250/week, fixed until 8 November
Outcome: sold for $150,000
Agent: Judi & Michelle Yurak

Isthmus east

Grafton

Citta, 184 Symonds St, unit 410:
Features: 42m², one bedroom, parking space
Outgoings: rates $937/year including gst; body corp levy $2687/year
Income assessment: vacant
Outcome: passed in at $210,000
Agents: James Mairs & Marcus Fava

Attribution: Auction documents.

Continue Reading
WordPress Appliance - Powered by TurnKey Linux