Millie Liang has joined Bayleys as a senior commercial sales and leasing broker. She was previously with Ray White Commercial for five years and was their top commercial sales and leasing agent last year. Liang will be working as a member of Bayleys' long-standing Asian team, headed by Bayleys international sales director James Chan.
Manukau retail unitA high profile 529sq m retail unit located at 45M Cavendish Drive, Manukau, was sold for $1.2 million at a 8.3 per cent yield through Tony Chaudhary of Bayleys Manukau. The unit is leased to the Tile Depot until November 2017 with two further rights of renewal of six years each.
$5.5 m BOP car yard A 6293sq m car yard site, in nine titles with four street frontages and extensive buildings in Cameron Rd, Tauranga, has been sold with vacant possession for $5.5 million by Jim McKinlay of Bayleys Waikato.
Great South Rd cornerJohn Jefferson of Bayleys Auckland and Richard Laery of Bayleys Manukau have sold for $3,940,000 at a 10.1 per cent yield, a 1731sq m office building on high profile 2574sq m site at 621 Great South Rd, Manukau. The two-level building is fully occupied by Serious About Maternity Care, Video Ezy, legal firm Inder Lynch and CYFS.
Mt Eden office and retailA recently refurbished 1246sq m three-level office and retail building on a 723sq m site at 475 Mt Eden Rd, Mt Eden, has been sold for $2,675,000 at a 9 per cent yield by Tony Chaudhary of Bayleys Manukau. The building comprises one rear office and two retail tenancies on the ground floor, with first floor offices and secure basement parking for 15 cars.
Around the block: Boost for Asian team
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