Glen Eden industrial
A 1680 sq m building housing seven individual industrial tenancies on a 2733 sq m freehold site at 2 Glenview Rd, Glen Eden, has been sold for $2.75 million plus GST by Jonathan Lynch, Deborah Dowling and Brad Visser of Colliers International.
Restaurant sells post auction
A 403 sq m fully licensed restaurant and bar with 18 gaming machines and 27 car parks at 20 Link Drive, Wairau Valley, hassold post auction as an investment property for $2,250,000 at a 7.1 per cent yield through Adam Watton and Michael Block of Bayleys North Shore Commercial. It is occupied by the Mad Dogs and Englishmen pub on a lease with a final expiry of October 2021 and is one of six properties to sell after Bayleys' Total Property December portfolio auction in Auckland bringing total sales to 26 out of 37 offerings. Bayleys' first Total Property auction for 2016 will be on April 13, with listings for the portfolio closing off on February 26.
Henderson Concourse sale