Two vacant industrial sites of 4318sq m at 60 McNulty Rd and 1885sq m at 56 McNulty Rd, Cromwell, have sold by negotiation to a private investor for $1,152,000 and $660,000 in a deal was brokered by Mark Simpson and Rory O'Donnell of Colliers International Otago.
East Tamaki site
A 4012sq m under developed corner industrial site with around 17 per cent site coverage at 39-41 Stonedon Dr, East Tamaki sold with vacant possession for $3.6m at a land value of $897 per sq m through Katie Wu, John Bolton and Roy Rudolph, Bayleys South Auckland.
Dunedin former cool stores
Five industrial buildings, previously used as cool stores on a 14,661sq m site at 6, 13 & 17 Kitchener St, Dunedin, have been sold off market for $4,449,540. The deal was brokered by Dean Collins, Commercial and Industrial Sales Director of Colliers International Dunedin.
Foundry Rd Silverdale
Two industrial buildings totalling 1032 sq m on a 2002sq m site at 162 Foundry Rd, Silverdale, with two tenants, sold for $3.05m at a 4.92 per cent yield through Rosemary Wakeman and Matt Mimmack, Bayleys North Shore Commercial.
Heavy Industry in Glendene
A 4892sq m corner site with a Heavy Industry zoning at 44 Bancroft Crescent, Glendene sold for $1.7m at $347.50 per sq m through Mike Adams, Bayleys Auckland and Dave Stanley, Bayleys South Auckland
East Tamaki unit
A 661sq m industrial unit, one of seven in a 1980s-built complex at 89 Springs Rd East Tamaki, sold for $1.531, 000, a 5.5 per cent yield through Katie Wu, John Bolton and Roy Rudolph, Bayleys South Auckland. It is leased to Fencerite Industries for three years from January 2017.
