Wairau Valley development site sells

A large Wairau Valley development site was sold for $5 million last week through a tender run by Bayleys. Bayleys North Shore agents have also completed 3 new leases.

Sale

North-east

Wairau Valley

202 Wairau Rd:
Features:7136m² vacant site zoned business 9 on 2 titles
Outcome:sold for $5 million at $700/m² on 23 May
Agents:Ranjan Unka, Trevor Duffin & Nick Howe-Smith

Leases

North-east

Albany

4 Civil Place, unit D:
Features:214m² office/warehouse – warehouse 124m², office 90m²
Rent: $30,000/year net at $140/m², leased in April
Agents:Laurie Burt

19 Orbit Drive, unit D:
Features:942m² office/warehouse
Rent: $117,500/year net at $124.73/m²
Agents:Matt Mimmack, Laurie Burt & Ranjan Unka

Rosedale

215 Rosedale Rd, unit M:
Features:245m² office, 7 parking spaces
Rent: $36,666.67pa + gst + opex at $149.66/m²
Agents:Tonia Robertson & Alex Strever

Attribution: Agency release.

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