Wednesday 31 March 2010, Maritime Square – 11.

00am TOTAL PROPERTY

WAIRAU VALLEY, 113 Wairau Road SOLD $1,090,000

1 Standalone building approx 920m² with dual road frontage, total of 13 on-site car parks
Ranjan Unka 021 711 755 & Greg Healey 021 805 854
HILLSBOROUGH, 713-717 Richardson Road SOLD $544,000 Yield 7.5%
2 Three freehold titles – two retail tenancies, returning $41,260 (approx.) pa + GST + outgoings
Tony Chaudhary 021 995 121
AUCKLAND CITY, 12 Vulcan Lane SOLD $2,600,000 Yield 6.8%
3 Fully leased investment returning approximately $179,000 net pa, housing Auckland’s oldest Pub
Henry Thompson 021 337 443 & Stuart Bode 027 493 6223
TAKAPUNA, Unit R1, 3-9 Northcroft Street SOLD $360,000 Yield 7.7%
4 Vendor wants gone, $28,000 per annum plus GST + opex with a six year lease
Simon Aldridge 021 689 155
AUCKLAND, 68A & 68B Ponsonby Road HIGHEST OFFER NOT YET ACCEPTED
5 Fully leased investment with split income streams producing approximately $41,000 net per annum
Henry Thompson 021 337 443 & Stuart Bode 027 493 6223
MANUKAU, 7B Cavendish Drive HIGHEST OFFER NOT YET ACCEPTED
6 Outstanding investment returning $149,691 p.a.net + GST & outgoings, 10yr lease commenced June 08
Mark Pittaway 027 432 1119 & Rachael Pittaway 021 823 221
HIGHLAND PARK, Unit I, 5 Aviemore Drive SOLD $600,000 Yield 8.6%
7 Busy Highland Park retail and commercial precinct, returning $52,000 + GST and outgoings
Geoff Wyatt 021 982 322 & Tony Chaudhary 021 995 121
AIRPORT OAKS, 5 Airpark Drive HIGHEST OFFER NOT YET ACCEPTED
8 Well presented industrial building, returning $195,000pa with around 2,500m² land ready to develop
Peta Laery 021 277 3039
ALBANY, Unit A-D, 68 Paul Matthews Drive SOLD $1,370,000 Yield 9.2%
9 Spread risk investment with potential upside, 4 units with 5 tenancies, close proximity to motorway
Matt Mimmack 021 229 5878 & Alex Strever 021 673 969
AUCKLAND, Unit 1O, 239 Queen Street SOLD $850,000 Yield 8.2%
10 Affordable investment boasting an 8 year lease to a superb retailer with an income of $70,000 net pa
Henry Thompson 021 337 443 & James Chan 021 934 054
MT EDEN, 475 Mt Eden Road AVAILABLE
11 Ideal mix of tenancies – retail and commercial, returning $240,000 (approx) pa + GST & outgoings
Tony Chaudhary 021 995 121
ALBANY, Unit A, 68 Paul Matthews Drive SOLD AS ONE
12 Road front unit with established tenant, returning $36,260 per annum plus GST and outgoings
Matt Mimmack 021 229 5878 & Alex Strever 021 673 969
ALBANY, Unit B, 68 Paul Matthews Drive SOLD AS ONE
13 Attractive entry level investment, returning $29,590pa+GST & outgoings approx 169m² office warehouse
Matt Mimmack 021 229 5878 & Alex Strever 021 673 969
ALBANY, Unit C, 68 Paul Matthews Drive SOLD AS ONE
14 Strong tenant demand for properties of this size, returning $29,590 pa plus GST and outgoings
Matt Mimmack 021 229 5878 & Alex Strever 021 673 969
ALBANY, Unit D, 68 Paul Matthews Drive SOLD AS ONE
15 Rear unit with approximate 50/50 split of office warehouse, returning $30,890pa+GST & outgoings
Matt Mimmack 021 229 5878 & Alex Strever 021 673 969
MANUKAU, 7A Cavendish Drive WITHDRAWN
16 Unique land offering rarely available on Cavendish Drive, 3,551m² road front freehold site
Mark Pittaway 027 432 1119 & Rachael Pittaway 021 823 221
 PAPATOETOE, 503 Great South Road AVAILABLE
17 Established business with a new six year lease returning $60,000pa + OPEX and GST
Brice Clark 021 113 6171 & Tony Chaudhary 021 995 121
BROWNS BAY, 755 Beach Road HIGHEST OFFER NOT YET ACCEPTED
18 Well known fish & chip shop for over 20 years, land 1029m² & standalone building on busy Beach Road
Richard Yang 021 981 982
MANUKAU, 712 Great South Road AVAILABLE
19 Magnificent split risk investment, rent reviews due this year, returning $415,000 per annum
Mark Pittaway 027 432 1119 & Rachael Pittaway 021 823 221
OTAHUHU, 39 Great South Road AVAILABLE
20 Prominent site of 4,046m², this is a multiple tenant building of 2,358m², 4 leasable spaces
Paul Hebditch 027 251 9299
PAPAKURA, 206 Great South Road AVAILABLE
21 1,339m² freehold site with 246m² building, great owner occupier / redevelopment opportunity
Mark Pittaway 027 432 1119
EAST TAMAKI, 24 Greenmount Drive WITHDRAWN
22 Split risk investment with a standalone freehold title, corner location, returning $77,400pa
Mike Adams 027 977 527
TE KOPURU, 2 Norton Drive AVAILABLE
23 1808m² freehold commercial land with vacant possession, 7km to Dargaville Town Centre
Nicolas Ching 021 396 890

Auctioneers Notes:
TAKAPUNA, Unit R3, 3-9 Northcroft Simon Aldridge 021 689 155 SOLD PRIOR
MT WELLINGTON, 99 Carbine Road John Algie 021 772 932 & Sunil Bhana 021 938 660 SOLD PRIOR
AUCKLAND CITY, 31 Beach Road Nicolas Ching 021 396 890 WITHDRAWN
ST LUKES, Unit 17, 49 Sainsbury Road Clint Barber 021 999 338 & David Gubb 021 758 298 WITHDRAWN
ST LUKES, Unit 7, 49 Sainsbury Road Clint Barber 021 999 338 & David Gubb 021 758 298 WITHDRAWN
GREY LYNN, 41 Crummer Road Clint Barber 021 999 338 & David Gubb 021 758 298 WITHDRAWN
ALBANY, 27 Apollo Drive Nick Howe-Smith 021 624 524 & Damian Stephen WITHDRAWN

Auctioneers: Hayden Duncan, Campbell Dunoon

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