A 3363sq m office property on a 4129sq m freehold site at 323 Gt South Rd, Ellerslie, has sold for $10.5m in a deal brokered by Simon Child, Gareth Fraser and Michael Van der Putten of Colliers International.
Palmerston North development
Grant Lloyd, Doug Russell and Phil Nevill of Colliers brokered the sale of a 2.306ha industrial land development site at 34 Setters Line, Palmerston North, for $2,652,360.
Lovergrove Otara buildings
Two office buildings with inter-connecting ground levels, totalling 2781sq m on 6070sq m of land at 52 Lovergrove Cres, Otara, have sold for $3,875,000 representing a 9.03 per cent yield, through Sunil Bhana and James Hill of Bayleys Auckland; and Tony Chaudhary and Janak Darji of Bayleys South Auckland.
Hawkes Bay station
A sheep and beef finishing property of about 577ha, owned by Okaharau Station Ltd, at 1790 Elsthorpe Road, Central Hawke's Bay, has sold by tender for $8,025,000 in a deal brokered by Mike Heard and Hadley Brown of Colliers.
