A Mixed Use zoned 976 sq msite at 189 Balmoral Rd, Mt Eden, close to Dominion Rd and with dual access from Dunbar Rd, was sold for $3,520,000 by James Were and Scott Kirk of Bayleys Auckland. It has two buildings totalling 796 sq m partly occupied and producing holding income of close to $60,000 per annum.
Wairau Valley commercial unit
A 430 sq m commercial unit occupied by Direct Office Furniture at 75 Porana Rd, Wairau Valley, with 276 sq m of retail and showroom space, 154 sq m of office and eight car parks was sold for $1,099,000 at a 5 per cent yield through Tonia Robertson, Chris White and Trevor Duffin of Bayleys North Shore Commercial.
Glen Eden property auctioned
A freehold industrial property consisting of three units totalling 750 sq m on a 1396 sq m site at 11B Waikaukau Rd, Glen Eden, has been sold at auction for $760,000 by Craig Smith, Michael Bray and Dhiru Patel of Colliers International.