Penrose office and warehouse
A 1117sqm two-level office building and a 1087sq m standalone warehouse on a freehold 4175sq m freehold industrial property at 60 Hugo Johnston Drive, Penrose, was sold by Paul Jarvie, Brad Johnston and Greg Goldfinch of Colliers International for $5.45mrepresenting a yield of 6.72 per cent.
Dunedin retail site
A 961sq m retail site at 155-161 King Edward St, Dunedin, has been sold by Dean Collins of Colliers International for $1.94m - a yield of 7.2 per cent.
Rosebank Avondale units
Two commercial units in the Harbourside Business Park in Rosebank Rd, Avondale, have sold to one buyer for $5.75m through Alan Haydock and Damien Bullick of Bayleys Auckland City & Fringe division.
A 1428sq m two-level office building at 527A, comprising three strata titles with 48 on-site carparks and four tenants on short term leases, sold for $4m at a 6.95 per cent yield. A 444sq m top floor office in two unit titles, at 527B and occupied by the head office of Cadpro Systems, sold for $1.75m at 6.3 per cent yield.
Big East Tamaki sale
A 5863sq m modern office and warehouse facility at 27 Zelanian Drive, East Tamaki, has been sold for $8.48m by Andrew Hooper, Greg Goldfinch, Paul Higgins and Brad Johnston of Colliers International.
