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DTZ Sales and Leasing Briefs

Suite 1, Ground Floor of Building A at the Millenium Centre Phase 2 has been leased to Portables Plus Group Ltd, a company specialising in mobile computing technology, for a term of 6+6 years. The tenancy comprises office and showroom space of 433 sqm and 11 carparks at an initial net rental of $137,698 pa. The newly completed Centre at 600 Great South Road, Greenlane comprises three 4 storey office buildings with large floor plates together with an on site café, gymnasium and childcare centre. The development was started by Manson Developments who on sold to current owner Macquarie Goodman Group before completion (Douglas Fan, DTZ, Auckland)

A combination of office and warehouse space at 67 O'Rorke Road, Penrose has been leased to Waiwhetu Distributors. The space let is approximately 608sqm with 5-6 car park spaces. The property was built in the 1970's and is in sound condition. Waiwhetu Distributors plan to fit new office partitions on the first floor and will use the building as a base to distribute their hygiene and cleaning products. (Leon Lin, DTZ, Auckland)

Industrial space at 32 Saleyards Road, Otahuhu, has been leased to Aluminium Systems for use as a warehouse facility. Owned by Samsom Corporation, the warehouse dates from the 1970s and the space leased is 940 sqm at $57,200 per annum. (Leon Lin, DTZ, Auckland)

A standalone freehold building at 336-338 Dominion Road, Mt Eden has been purchased by an Asian investor for $950,000. The total site area is 400sqm and the property is strata titled into two double storey units with retail space on the ground floor. Number 336 comprises a ground floor shop of 61 sqm with 54 sqm of living quarters on level 1 on a monthly tenancy. Shop 338 has ground floor retail space of 67.6 sqm with a further 42.6sqm on level 1 both tenanted by Barretta café at net $30, 000 per annum. (Agnes Teh, DTZ Agency, Auckland).

A freehold retail shop at 372 Rosedale Road in Albany (corner of William Pickering Drive) has been sold for $ 338,000. The property comprises space of 96 sqm with 6 car parks and is currently tenanted by a fully licensed Japanese restaurant and sake bar at net $27,551 per annum and term 7 years expiry 3/07. The block of shops and apartments was completed in mid 2000 and is situated in the North Harbour commercial/industrial and residential area within walking distance to the Kristin school and Massey University. (Agnes Teh, DTZ Agency, Auckland).

A property at the corner of Bairds Road and Hayman Street has been purchased by an Asian investor for $1.5M. The total site area is 2,533 sqm with two adjacent buildings on it. The property at 128 Bairds Rd comprises retail on the ground floor with an office above of approximately 780 sqm and is currently tenanted by Tradewinds Tavern on net $92,445 per annum. The adjacent building at 2 Hayman St comprises warehouse buildings of approximately 330 sqm and is sold with vacant possession. (Agnes Teh, DTZ Agency, Auckland).

ENDS

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