$32.5m for East Tamaki centre
A 18,126sq m distribution centre and office at 68-80 Stonedon Dr, East Tamaki, has been sold by Greg Goldfinch and Andrew Hooper of Colliers International for $32,577,392, representing a yield of 6.25 per cent.
Three gas stations sold
Three Caltex service station and associated Fix stores have been sold to separate purchasers for a total of $12,775,000 by Alan Haydock and Damien Bullick, of Bayleys Auckland. They are at 913 Dominion Rd, Mt Roskill, for $4,175,000 at a 4.62 per cent yield; at 682 Gt South Rd, Penrose sold for $3.9m, a 5 per cent yield; and at St Lukes Rd/Sandringham Rd, for $4.7m, at a 4.49 per cent yield.
Paraparaumu Beach property