Bayleys agents have sold 11 properties around the South Island – 8 in Canterbury, including 3 sites at the Izone & Iport business parks in Rolleston, 2 adjoining properties to one buyer at auction in Nelson, and a block of residential units in Dunedin.
The 8 properties in Bayleys’ latest South Island sales report cover a wide range – from a tavern & motel business in Marlborough to industrial sites at Izone & IPort, and commercial, industrial & retail premises in Ashburton, Blenheim & Christchurch.
Bayleys agents in the South Island finished 2018 with 8 commercial sales, including the sales of 2 vacant sites in the Izone Business Park in Rolleston, 27km south-west of central Christchurch, and their role in the sale of the South Dunedin Countdown store by Investore Property Ltd.
Bayleys agents have sold 11 commercial properties around the South Island, from Nelson to Queenstown but mostly around Christchurch. They include 2 development sites in Selwyn District Council’s Izone business park and one in the Northfield business park in Papanui (pictured above).
Bayleys agents in the South Island have sold 10 properties – 7 in Canterbury, the others in Blenheim & Nelson.
Firmest yield in the dozen most recent commercial & industrial sales by Bayleys agents in Canterbury was 5.5% on a residential conversion to retail at Darfield, 48km west of central Christchurch. 2 of the industrial sales were in Hornby, one sold on a 6.19% yield and the one pictured above, on Prairie Place, at 7.25%. […]