The former Hillsboro Bowling Club property, which went close to a sale in July after a Bayleys tender, has now been sold.
Also sold are a Moerewa service station, another unit in Stonedon Terraces in East Tamaki and a Morrinsville office building.
16 Hillsborough Rd:
Features: 7975m² former Hillsboro Bowling Club, on 4 titles, 3 access points, zoned mixed housing suburban, 2 concrete parking lots, 661m² ex-clubhouse
Outcome: sold for undisclosed price following post-tender negotiation
Agents: Dave Stanley & Mike Adams
48-50 Main Rd:
Features: 2011m² corner site, new 15-year lease to BP service station, 172m² retail, 315m² forecourt canopy, 6 fuel pumps, 1 truck stop, 2 new 50,000-litre fuel storage tanks recently installed underground
Rent: $92,786/year + gst
Outcome: sold for $1.255 million at a 7.39% yield
Agents: Anthony Van Gessel, Tony Chaudhary & Janak Darji
Stonedon Terraces, 50 Stonedon Drive, unit 4D:
Features: 211m² live/work unit in light industry zone, 108m² 2-bedroom apartment, high stud ceilings, heat pump, balconies front & rear, 103m² warehouse includes lavatory, 3-phase power, separate entrance & electric roller door access, 3 parking spaces, vacant possession
Outcome: sold for $875,000
Agent: Mike Marinkovich
South of the Bombays
25 Allen St:
Features: 5025m² site, 828m² standalone 2-level office building, drivethrough access, onsite parking
Rent: $95,000/year + gst, 1 vacant tenancy
Outcome: sold for $1.23 million
Agents: Josh Smith & Daniel Keane
Attribution: Agency release.