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Monday, 12 April 2021, 11:12 am Investors wishing to purchase industrial property with some scale in the Auckland region are having to extend their traditional search parameters given the shortage of industrially-zoned land and existing stock, and as a result, the South Auckland market is attracting significant attention from well-resourced buyers. 286-288 Great South Road, 45-47 and 49 Tironui Road, Takanini In Takanini, a fully-tenanted property comprising four buildings spread across a 5,888sqm site which is held in three titles, has been placed on the market for sale. With four establishe...

Press Release – Bayleys Investors wishing to purchase industrial property with some scale in the Auckland region are having to extend their traditional search parameters given the shortage of industrially-zoned land and existing stock, and as a result, the South Auckland market is attracting significant attention from well-resourced buyers. 286-288 Great South Road, 45-47 and 49 Tironui Road, Takanini In Takanini, a fully-tenanted property comprising four buildings spread across a 5,888sqm site which is held in three titles, has been placed on the market for sale. With four established and ...

Supplied The fully tenanted property comprises four building spread across a 5888sqm site at 286-288 Great South Road, 45-47 and 49 Tironui Rd, Takanini The South Auckland market is attracting significant attention as the shortage of large-scale industrially zoned land and existing stock forces investors to extend their parameters. In Takanini, a fully tenanted property comprising four buildings spread across a 5888sqm site which is held in three titles, has been placed on the market for sale. Ben Bayley from the Bayleys South Auckland team, Peter Migounoff of Bayleys Papakura and Chris Bay...

Press Release – Bayleys A continuing contraction of investment property yields and a good level of demand for well located tenanted and vacant premises were features of Bayleys’ final Total Property auction for the year. Bayleys’ Auckland commercial and industrial director Lloyd Budd says the sale of a variety of tenanted offerings at net rental income returns of below or around five per cent confirm that yields are continuing to track interest rates down. “Bank deposit rates have dropped significantly in recent months to below one per cent which opened up a bigger yield gap with com...