The Tairua Pauanui Sports Fishing Club’s former premises have been sold post-auction by Bayleys agents.
Across the Coromandel Peninsula at Kopu on the Firth of Thames, the agency has sold a new warehouse unit development.
South of the Bombays
11 Tui Terrace:
Features: 780m² site zoned mixed housing urban, 298m² ex-Tairua Pauanui Sports Fishing Club, development potential as residential or hospitality venue; 2-level clubroom adjacent to public boat ramp, bar & kitchen facilities, 12 marked parking spaces, vacant possession
Outcome: auctioned on 28 November, sold for $1.2 million
Agent: Josh Smith & Belinda Sammons
46 Kopu Rd:
Features: 3311m² site, 5 multi-tenanted warehouse units totalling 876m², built to 100% of new building standard
Rent: $110,000/year net + gst + opex
Outcome: sold for $1.68 million at a 6.55% yield
Agent: Josh Smith, Daniel Keane & Belinda Sammons