LEASES
Wellington
Where: Level 4 ,EMC House, 5 Willeston St
Details: Franklin Property Holdings Ltd leased 135.6m2 office space to Foundation Corporate Trust. The landlord is upgrading the building, including the ground floor lobby and bathrooms. In conjunction with the tenant, the landlord provided a refurbished suite and fitout that met each party’s requirements.
Agent: David Fisher, CBRE
Christchurch
Where: 323 Tuam St
Details: 434m2 warehouse with 339m2 office leased for $113,205 plus GST and opex
Agent: Myles Addington, Knight Frank
Christchurch
Where: 4/33 Nga Mahi Rd, Sockburn
Details: A 374m2 warehouse with office and showroom was leased for $60,000 plus GST and opex.
Agents: Tom Lax,Myles Addington, Knight Frank Christchurch
Where: 131 Waterloo Road, Hornby
Details: A large 3212m2 warehouse/office was leased to Transfields for $300,000 on a four-year term.
Agent: Mike Beresford, CBRE Christchurch
Where: 69 Hammersmith Drive, Wigram
Details: A good-quality 950m2 warehouse office facility was leased to Computer Dynamics for $120,000 for six years.
Agent: Mike Beresford, CBRE Christchurch
SALES
Auckland
Auckland
Where: 32 Jomac Pl, Avondale
Details: A 5080m2 industrial development site sold for $1,800,000 with vacant possession
Agent: Rick Kermode, Knight Frank South Auckland.
Where: 12 Ha Cres, Wiri
Details: A modern 5209m2 warehouse/office/canopy sold with vacant possession for $5.75 million.
Agents: Mike Beresford, Paul Steele, Mark Bramwell, CBRE Christchurch and South Auckland
Christchurch
Where: 23 Leeds St, CBD
Details: An earthquake damaged 1830m2 warehouse and office building sold for $805,000.
Agent: Nathan O’Neill, CBRE Christchurch
Where: U8/18a Taurus Place,
Details: A 174m2 modern tilt panel warehouse unit with small office sold for $310,000.
Agent: Scott Bentley CBRE Christchurch
Wellington
Where: Unit 6, 50 Gracefield Rd, Lower Hutt
Details: A high-stud warehouse, approximately 335m2, and with two exterior carparks, in Gracefield Business Park, with a rating value of $475,000, sold at an undisclosed price under mortgagee sale.
Agent: Paul Hastings & Co
Where: 12 Kaiwharawhara Rd
Details: A 400m2 1997-built showroom/warehouse, with a 2012 rating value of $960,000, has been sold by deadline treaty. The property is tenanted by Backhouse Interiors for $77,000 a year plus GST, with the tenant paying outgoings.
Agent: Carl Hastings, Paul Hastings & Co
NBR NZ Property Investor
Fri, 26 Sep 2014
Fri, 26 Sep 2014
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