order of sale LOT 7 LOT 6 LOT 5 LOT 4 LOT 3 LOT 2 LOT 1 Maritime Square, Commercial: 11.00am, Wednesday 21 September 2016 WARKWORTH, Unit 17, 67 Auckland Road - Educare Brand new childcare centre with 20 year lease and annual 3% rental increase. Tenanted by Educare and licensed for up to 80 children. Returning net $174,400 + GST. Sale Price: $3,350,000 Yield: 5.20% www.bayleys.co.nz/1682084 WARKWORTH, Unit 8, 67 Auckland Road - Tank Juice Brand new unit with 10 year lease with 3% rental increase per year. Tenanted by Tank Juice - who have over 60 stores across New Zealand. Returning net $35,822 + GST. Sale Price: $655,000 Yield: 5.46% www.bayleys.co.nz/1682085 WARKWORTH, Unit 8A, 67 Auckland Road - Noodle Noodle Noodle Noodle with new 10 year lease, returning net $27,500 + GST. High profile with huge traffic - tenants include McDonald s, BP, Domino s, Coffee Club and St Pierre s Sushi. Sale Price: $475,000 Yield 5.78% www.bayleys.co.nz/1682086 Jan Hutcheson 021 655 558 WARKWORTH, Unit 10, 67 Auckland Road - Kebabs on Queen Kebabs on Queen with new seven year lease, returning net $32,450 + GST. High profile with huge traffic - tenants include McDonald s, BP, Domino s, Coffee Club and St Pierre s Sushi. Sale Price: $580,000 Yield: 5.59% www.bayleys.co.nz/1682086 Jan Hutcheson 021 655 558 WARKWORTH, Unit 21, 67 Auckland Road - Floorwise Brand new unit with a six year lease and annual rental increase. Tenanted by Floorwise, returning net $100,500 + GST. Sale Price: $1,550,000 Yield: 6.48% www.bayleys.co.nz/1682087 WIRI, 11 Bolderwood Place 1,540m² Industrial building on a 3,087m² Freehold site. The property is fully fenced and secure. Two 5 tonne gantry cranes and one 2.5 tonne gantry crane. Zoned Business 5. Sale Price: $3,235,000 www.bayleys.co.nz/1900909 Nick Bayley 021 174 2440 Manukau, Karl Price 021 552 503 Manukau, ALBANY, 231 Dairy Flat Highway The property is a prime road front freehold site comprised of two levels of commercial and retail tenancies currently returning approximately $251,613.16pa + GST. Sale Price: $3,500,000 Yield: 7.18% www.bayleys.co.nz/1500390 Dean Gilbert-Smith 021 445 290 Alex Strever 021 673 969
LOT 14 LOT 13 LOT 12 LOT 11 LOT 10 LOT 9 LOT 8 PAPAKURA, 1 Croskery Road Returning $150,000 per annum net, tenanted by a well established NZ construction sector company, this is a rare industrial investment in a prime corner location. Sale Price: $2,510,000 Yield: 5.97% www.bayleys.co.nz/1681976 Mike Adams 021 977 527 Peter Migounoff 027 492 0788 Counties, ONEHUNGA, 33-35 Selwyn Street Large 1,272m² freehold under-developed site. Grade A 90% NBS seismic rating. Fully leased for a new six year term at $170,000pa + GST. Strong tenant covenant. Sale Price: $4,250,000 Yield: 4% www.bayleys.co.nz/1681957 Nigel McNeill 021 982 132 Meredith Graham 021 724 569 MANGAWHAI, 6 Molesworth Drive Purpose built two-storey modern commercial complex, fully tenanted to multiple tenancies returning $243,292.39pa + GST. Plans in place for additional building. In high growth area. www.bayleys.co.nz/1200112 Duncan Napier 027 283 8021 Helen Bartrom 021 130 6381 ALBANY, Unit D3, 27-29 William Pickering Drive This 225m² (approx) first floor office comes with six exclusive carparks and a total annual net return of $62,490pa + GST with a new three year lease from 1st August 2016. www.bayleys.co.nz/1500396 Ryan Dannhauser 027 780 9216 Dean Gilbert-Smith 021 445 290 HOWICK, 25-33 Picton Street High profile, split risk investment with dual frontages. Well established retail and office tenancies. Returning $246,137pa + GST. Future rental growth potential. Land area 539m². www.bayleys.co.nz/1682032 Chris Bayley 021 899 863 Tony Chaudhary 021 995 121 Manukau, PAPATOETOE, 320 & 322 Great South Road High-profile split risk investment with multiple income streams, returning $119,415 + GST. Total land area 1,459m² (595m² and 864m²). Two individual titles. Sale Price: $3,310,000 Yield: 3.60% www.bayleys.co.nz/1681833 WHENUAPAI, 8 Kawakawa Place Situated in the sought after and growing Westgate commercial and industrial precinct, this 1,743m² Freehold site comes with Resource Consent for a four unit commercial development. Sale Price: $862,000 www.bayleys.co.nz/1681973 Grant Miller 027 573 7618
LOT 21 LOT 20 LOT 19 LOT 18 LOT 17 LOT 16 LOT 15 WAIRAU VALLEY, Units 3 & 4, 49 Porana Road Two industial units on one title. Currently both occupied on short term leases. Unit 3 approximately 128m². Unit 4 approximately 129m². Combined net rental $42,900pa + GST. www.bayleys.co.nz/1500392 Ranjan Unka and 021 711 755 Adam Watton 027 299 6643 HOWICK, 116-118 Vincent Street Two separate Freehold titles. First time on the market in approx. 40 years. Redevelopment potential. 430m² total building area. 1,618m² land area. Business 5 zoning. www.bayleys.co.nz/1900907 Dave Stanley 021 326 820 Manukau, Nick Bayley 021 174 2440 Manukau, WAIRAU VALLEY, Unit 9, 59-61 View Road Rare offering in highly sought after location with an established tenant with lease through to 2020. This unit is in excellent condition, returning $23,000pa + GST + Outgoings. Sale Price: $483,000 Yield: 4.76% www.bayleys.co.nz/1500353 James Kidd 021 157 3831 Ashton Geissler 021 252 9277 ALBANY, Unit C, 75 Corinthian Drive First time on the market since 2003. Superb ground floor Commercial/Retail investment. Situated in a successful, well-established commercial development in the heart of Albany. Sale Price: $650,000 www.bayleys.co.nz/1500408 Jane Sims 021 557 377 Tonia Robertson 021 619 200 MILFORD, 29 Shakespeare Road Multiple add value options. Sizeable land and building. Net return of $90,000pa. 500 meters from Milford Mall. This property is the only true tin shed in Milford. Sale Price: $2,025,000 Yield: 4.44% www.bayleys.co.nz/1500407 Simon Aldridge 021 774 951 Chris White 021 222 8104 BELMONT, 157-159 Lake Road Current mean retail rental rate of $260/m². Established tenant. Landmark building with exceptional profile. Highly favourable future zoning. Sale Price: $1,400,000 www.bayleys.co.nz/1500406 Simon Aldridge 021 774 951 Michael Nees 021 182 3085 GREY LYNN, 8 Vinegar Lane Prime land development package. Architectural designed ground floor retail and three levels of residential above. A fantastic location in Ponsonby in a new commercial & residential precinct. www.bayleys.co.nz/1681960 Quinn Ngo 021 888 378
LOT 22 LOT 23 ALBANY, 300 Dairy Flat Highway A large 3,197 square metre freehold site for sale. Close proximity to Albany Village, Westfield Albany Shopping Mall & Massey University. Excellent School Zone. www.bayleys.co.nz/1681987 Oscar Kuang 021 609 429 Owen Ding 027 565 0099 ONERAHI, 1 Whangarei Heads Road A rare opportunity to purchase a tenanted, well maintained, rehabilitation care facility. Net rental of $160,993.93 + GST with renewed four year lease from 1st October 2016. Sale Price: www.bayleys.co.nz/1050083 Ross Blomfield 027 437 7033 POSTPONED PRIOR 14TH SEPT 13TH SEPT EAST TAMAKI, Unit B, 14 Polaris Place Ground floor showroom 101.8m², first floor office 103.7m², warehouse 630.4m², total floor area 835.9m². 300m² secure yard. For sale with vacant possession. Sale Price: $1,575,000 www.bayleys.co.nz/1900908 Katie Wu 027 230 7895 Manukau, John Bolton 021 925 016 Manukau, KINGSLAND, 6 Western Springs Road Versatile City fringe freehold standalone. Currently returning $69,609 + GST p.a. Under developed 725m² site moments from the Kingsland Village & Morningside train station. Sale Price: $2,925,000 Yield: 2.37% www.bayleys.co.nz/1681958 Scott Kirk 021 499 661 James Were 021 740 032 PENROSE, 3 Greenpark Road Fully refurbished standalone building with new six year lease on a 809m² freehold site. Superb Penrose location just off Great South Road. Sale Price: $1,410,000 www.bayleys.co.nz/1682064 James Hill 021 599 529 James Valintine 021 023 71 868 WHITIANGA, 17 Monk Street Mixed use residential / commercial investment. Located in the main CBD of Whitianga. Four separate shops currently providing an income of approximately $53,000pa net. Postponed until Total Property 7-30 November 2016 www.bayleys.co.nz/2200021 Noel Rogers 021 904 804 MH Realty Ltd, Bayleys, AUCTIONEERS: Richard Valintine Daniel Coulson Sabine Davison Our auctions are conducted in accordance with the Real Estate Institute of New Zealand Auction Code of Practice (copies available). All properties are offered for sale subject to the Particulars and Conditions of Sale, as made available by the marketing agent (copies available). All properties are offered for sale subject to the Vendors reserve price, unless stated otherwise. Terms of payment: 10% deposit at the fall of the gavel, and the balance payable on the due date specified in the Conditions of Sale. When bidding today you acknowledge full acceptance of the Particulars & Conditions of sale in all respects. If you require any further assistance, our staff are on hand to help you. Buyers are strongly advised that they seek independent reports pertaining to building structure and materials used. Unit Titles Act 2010: Prospective purchasers wishing to bid at auction on Unit Title properties acknowledge that they have sighted and approved the pre-contract disclosure statement pursuant to section 146 of the Unit Titles Act 2010 and that the obligation of the vendor under the Act has been met.