Bayleys agents have sold a refurbished Penrose showroom at a 5.1% yield, and 2 warehouses in Grey Lynn & East Tamaki.
Bayleys sold 7 of the 11 properties taken to auction on Wednesday, in its third Total Property campaign of the year. Another property was sold prior and 2 were withdrawn from the auction.
Commercial Realty Ltd agents have completed 4 $50,000-plus industrial property sales & 6 leases in the 3 months November-January.
A large Penrose industrial property, and 2 leasehold industrial units & a retail unit in Mt Wellington have been sold by Bayleys agents.
Commercial Realty Ltd agents have completed 2 sales & 6 leases with values over $50,000 in the last 3 months.
6 bidders turned out for Bayleys’ auction yesterday of a Rosedale retail unit, brought forward from the agency’s Total Property auction next Wednesday, and the property sold at a 4.22% yield.