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Prices for commercial properties ranged from $480,000 to $8.2 million, yields around 6%

Property
Prices for commercial properties ranged from $480,000 to $8.2 million, yields around 6%

Colliers International and NAI Harcourts have both released the results of recent commercial property transactions completed throughout the country, with the price of properties sold by NAI Harcourts ranging from $480,000 for a retail premises with two tenancies in Ngaruawahia  to $5.28 million for a vacant industrial property at East Tamaki in Auckland.

The prices of properties sold by Colliers ranged from $1.14 million for a vacant office unit at Ellerslie in Auckland to $8.2 million for an office/Warehouse at Wiri in South Auckland.

See below for the the full sales results from both NAI Harcourts and Colliers

Recent commercial property sales concluded by NAI Harcourts on the North Shore and in South Auckland, the Waikato and Christchurch:

See below for recent commercial property sales concluded by Colliers International in Tauranga and at Wiri and Ellerslie in Auckland:

  •  850 Cameron Rd, Tauranga. A modern motel with 22 rooms. Sold for $3.67 million providing a yield of 6%. The agents were Grant White, Rob Schoeser and Simon Clark.
  • 59 Glenlyon Ave, Tauranga. A 2.02 hectare site with an 827 square metre warehouse and 432 square metre office. Vacant. Sold for $1.95 million by Rob Schoeser and Simon Clark.
  • 3-5 Harbour Ridge Drive, Wiri, Auckland. A new 2640 square metre, warehouse/office building on a 9637 square metre site. Sold for $8.2 million, providing a yield of 5.88%. The agents were Hamish West and Andrew Hooper.
  • Unit M, 195 Main Highway, Ellerslie, Auckland. A vacant 250 square metre strata titled office. Sold for $1.14 million by Kris Ongley and Jonathan Lynch.

You can now search for all types of commercial properties listed for sale throughout the country without leaving this website by clicking on the Property tab in the banner at the top of this page and then selecting "Commercial property for sale" from the drop down menu, or you can click on this link.


You can find almost all commercial property for sale in our comprehensive nationwide listings which are searchable across any major type.
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