Colliers sold 4 commercial properties in 2 auctions on Wednesday, starting with an Eden Terrace redevelopment prospect which attracted 5 bidders.
A new warehouse leased to the Green Gorilla waste business is a sign of change for Riverhead, at the top of the Waitemata Harbour, as light industrial businesses progressively fill a 13ha site previously occupied by the Carter Merchants Ltd sawmill.
The Rodney Local Board has 4 feasibility reports on greenway routes to approve on Thursday.
Colliers agents have reported a spread of sales from Riverhead & Silverdale in the north of the Auckland region, through Napier and down to Cromwell & Invercargill.
A section across Tamaki Drive from Kohimarama Beach, currently in flats, was sold for $5836/m² at Bayleys’ Remuera branch auction this week.
At other auctions around the region, the agency sold a townhouse in Greenlane and a unit in Mangere Bridge.
Bayleys North Shore agents have reported 5 sales of commercial property in April & June and 4 leases. They include sale of the Maungaturoto Hotel and buildings at Birkenhead, Riverhead & Rosedale, leases on offices in Browns Bay & Takapuna and yard space at Dairy Flat.