A retail unit in the Wairau Valley on the North Shore was sold at Bayleys’ auction on Wednesday.
65-71 Porana Rd, unit E:
Features: 133m² retail unit, new 6-year lease to Hollywood Bakery franchisee
Rent: $55,000pa + gst + opex
Outcome: sold for $1.025 million at a 5.37% yield
Agents: Adam Curtis, Damian Stephen & Steven Liu
Attribution: Agency release.