NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • Deloitte Fast 50
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Property

Paul Charman: Recent deals, Tuesday August 8

NZ Herald
8 Aug, 2017 06:38 AM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
Bayleys is the anchor tenant in this commercial property at 2 Harris Rd, East Tamaki, which sold for $7.6m. Photo / Supplied

Bayleys is the anchor tenant in this commercial property at 2 Harris Rd, East Tamaki, which sold for $7.6m. Photo / Supplied

By Paul Charman

Bayley's East Tamaki site

A 1516sq m extensively refurbished and reconfigured commercial building on a 3248sq m high-profile corner site with 52 car parks at 2 Harris Rd, East Tamaki, sold for $7.6m at a 6.6 per cent yield through Tony Chaudhary and Janak Darji of Bayleys South Auckland; along with Chris Bayley and Stuart Bode of Bayleys Auckland. Bayleys is the anchor tenant on a 12-year lease from October 2016, while AON NZ has a six-year lease on 478sq m of office space.

Palmerston North retail

A 1710sq m commercial investment retail and showroom property at 413-421 Church St, Palmerston North, has sold for $4,005,000 in a deal brokered by Phil Nevill and John Hagar of Colliers International.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Nelson winery

A 12.9ha vineyard and winery at 12 Sunrise Valley Rd, Upper Moutere, Nelson, has sold by fixed price for $3,450,000 in a deal brokered by Ken Montgomery and Mike Lavern of Colliers International.

Takapuna office

Advertisement
Advertise with NZME.

A 568sq m two-level office building on a 1002sq m Mixed Use zoned site with 16 carparks at 39 Taharoto Rd, Takapuna, sold for $3.5m at a 4.9 per cent yield through Adam Watton, Adam Curtis and Eddie Zhong of Bayleys North Shore Commercial. It is currently occupied by four tenants with a 180sq m vacancy under a conditional leasing contract.

Hastings triple sales

A 510sq m industrial warehouse, retail and showroom property, Unit 1 at 822 Omahu Rd, Hastings, has been sold by negotiation, in a deal brokered by Danny Blair of Colliers International, for $1,460,000 representing a yield of 6.5 per cent. Blair also sold by negotiation another warehouse, retail and showroom property of 573sq m on 903sq m of land at 404 Miller St, Hastings, for $1,357,000 and a yield of 7 per cent. In a third Hastings deal, Blair sold a 350sq m retail site at 217 Russell St North by negotiation for $1,560,000 and a yield of 6.78 per cent.

Mid-City complex

A 38sq m retail unit on the Queen St frontage of the Mid City complex at 239 Queen St in the Auckland CBD has sold for $2,935,000 at a 5.13 per cent yield to a Chinese investor through Quinn Ngo and James Chan of Bayley's international division. It has a new 12-year lease to Avanchi kebab takeaway which has been in occupation for over 10 years.

Mt Roskill industrial

A 697sq m low-stud industrial building constructed in the 1950s on an 835sq m site at 74 Carr Rd, Mt Roskill, sold vacant for $1,615,000 to an owner-occupier through Tony Chaudhary of Bayleys South Auckland and Sunil Bhana of Bayleys Auckland.

Takanini bare land

A 2707sq m bare land Industrial zoned site at 26 Inlet Rd, Takanini, was sold for $1.7m at $628 per sq m by Nick Bayley of Bayleys South Auckland.

Save
    Share this article

Latest from Property

Property

Sporting family's 'unfinished masterpiece' for sale in West Auckland

Property

Tony Alexander: What the sudden jump in inflation means for mortgage rates

Property

$1m spending spree: North Islanders snap up the most expensive homes in tiny Otago town


Sponsored

From crisis to comeback: NZ business owners turn to voluntary administration for recovery

Advertisement
Advertise with NZME.

Latest from Property

Sporting family's 'unfinished masterpiece' for sale in West Auckland
Property

Sporting family's 'unfinished masterpiece' for sale in West Auckland

League player turned builder Mike Te Hira died before he could complete his dream home.

22 Jul 07:38 PM
Tony Alexander: What the sudden jump in inflation means for mortgage rates
Property

Tony Alexander: What the sudden jump in inflation means for mortgage rates

22 Jul 07:30 PM
$1m spending spree: North Islanders snap up the most expensive homes in tiny Otago town
Property

$1m spending spree: North Islanders snap up the most expensive homes in tiny Otago town

22 Jul 07:15 PM


From crisis to comeback: NZ business owners turn to voluntary administration for recovery
Sponsored

From crisis to comeback: NZ business owners turn to voluntary administration for recovery

20 Jul 12:00 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP