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  • Bayleys Real Estate Commercial Westgate Auction Results 10 March 2010 11 March 2010

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    Ariel Levin
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    This document lists 33 commercial properties for auction with details like location, net rental income, and contact information for agents. Many properties are noted as having been sold, with the sale price and yield percentage included. Others are listed as having the highest offer not yet accepted or as available. The document provides key information on commercial real estate for sale in a single location.

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    This document lists 33 commercial properties for auction with details like location, net rental income, and contact information for agents. Many properties are noted as having been sold, with the sale price and yield percentage included. Others are listed as having the highest offer not yet accepted or as available. The document provides key information on commercial real estate for sale in a single location.

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    68 views2 pages

    Bayleys Real Estate Commercial Westgate Auction Results 10 March 2010 11 March 2010

    Uploaded by

    Ariel Levin
    This document lists 33 commercial properties for auction with details like location, net rental income, and contact information for agents. Many properties are noted as having been sold, with the sale price and yield percentage included. Others are listed as having the highest offer not yet accepted or as available. The document provides key information on commercial real estate for sale in a single location.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 2

    Thursday 11 March 2010, Maritime Square – 11.

    00am

    STARBUCKS SOLD $910,000 YIELD 6.10%


    1 Lot 17 Westgate, Net rental $55,495
    Stuart Bode 027 493 6223 & James Chan 021 934 054
    JESTERS PIES AVAILABLE
    2 Lot 30 Westgate, Net rental $37,182
    Stuart Bode 027 493 6223 & Henry Thompson 021 337 443 & Nicolas Ching 021 396 890
    ST PIERRES SOLD $555,000 YIELD 6.60%
    3 Lot 21 Fraser Cove, Net rental $36,627.92
    Stuart Bode 027 493 6223 & James Chan 021 934 054 & Dave Robins 021 955 270
    BIG BAKE BAKERY SOLD $645,000 YIELD 6.77%
    4 Lot 22 Fraser Cove, Net rental $43,680
    James Chan 021 934 054 & Stuart Bode 027 493 6223 & Dave Robins 021 955 270
    TIKKA EXPRESS HIGHEST OFFER NOT YET ACCEPTED
    5 Lot 24 Fraser Cove, Net rental $37,226
    Stuart Bode 027 493 6223 & James Chan 021 934 054 & Dave Robins 021 955 270
    LIQUOR CENTRE HIGHEST OFFER NOT YET ACCEPTED
    6 Lot 25 Fraser Cove, Net rental $57,153
    Stuart Bode 027 493 6223 & James Chan 021 934 054 & Dave Robins 021 955 270
    LABTESTS SOLD $540,000 YIELD 5.97%
    7 Lot 42 Westgate, Net rental $32,235
    James Chan 021 934 054 & Buen Sue 021 953 964
    WESTGATE MEDICAL SOLD $2,140,000 YIELD 7.48%
    8 Lot 49 Westgate, Net rental $160,000
    Stuart Bode 027 493 6223 & James Chan 021 934 054
    PIZZA HUT SOLD PRIOR
    9 Lot 11 Westgate, Net rental $62,258
    Stuart Bode 027 493 6223 & James Chan 021 934 054
    TAB SOLD PRIOR
    10 Lot 12 Westgate, Net rental $86,112
    Stuart Bode 027 493 6223 & James Chan 021 934 054
    CHIC HIGHEST OFFER NOT YET ACCEPTED
    11 Lot 40 Westgate, Net rental $29,428
    James Chan 021 934 054 & Buen Sue 021 953 964
    CEDA DRYCLEANERS HIGHEST OFFER NOT YET ACCEPTED
    12 Lot 32 Westgate, Net rental $26,133
    Stuart Bode 027 493 6223 & Henry Thompson 021 337 443 & Nicolas Ching 021 396 890
    WESTGATE MEDICAL (SKIN INSTITUTE) HIGHEST OFFER NOT YET ACCEPTED
    13 Lot 48 Westgate, Net rental $64,926
    Stuart Bode 027 493 6223 & James Chan 021 934 054
    BURGER KING SOLD $1,875,000 YIELD 6.77%
    14 Lot 2 Fraser Cove, Net rental $127,014 approx (gross + rates)
    Stuart Bode 027 493 6223 & James Chan 021 934 054 & Dave Robins 021 955 270
    ASB BANK AVAILABLE
    15 Lot 14 Westgate, Net rental $181,680
    Stuart Bode 027 493 6223 & James Chan 021 934 054
    UNITED VIDEO HIGHEST OFFER NOT YET ACCEPTED
    16 Lot 3 Fraser Cove, Net rental $100,000 (as at 31/8/2010)
    Stuart Bode 027 493 6223 & James Chan 021 934 054 & Dave Robins 021 955 270
    REPCO SOLD $2,010,000 YIELD 7.28%
    17 Unit I, Lot 20 Fraser Cove, Net rental $146,316
    Stuart Bode 027 493 6223 & James Chan 021 934 054 & Dave Robins 021 955 270
    CONTOURS GYM AVAILABLE
    18 Unit 4, Lot 20 Fraser Cove, Net rental $155,006
    Stuart Bode 027 493 6223 & James Chan 021 934 054 & Dave Robins 021 955 270
    WESTGATE PHARMACY HIGHEST OFFER NOT YET ACCEPTED
    19 Lot 50 Westgate, Net rental $136,317
    Stuart Bode 027 493 6223 & James Chan 021 934 054
    UNITED TRAVEL HIGHEST OFFER NOT YET ACCEPTED
    20 Lot 33 Westgate, Net rental $55,759
    Stuart Bode 027 493 6223 & James Chan 021 934 054
    MERCY RADIOLOGY HIGHEST OFFER NOT YET ACCEPTED
    21 Lot 51 Westgate, Net rental $71,429
    Stuart Bode 027 493 6223 & James Chan 021 934 054
    E THING AVAILABLE
    22 Lot 39 Westgate, Net rental $43,752
    James Chan 021 934 054 & Buen Sue 021 953 964
    MICHAEL HILL/TELECOM SOLD $1,900,000 YIELD 7.55%
    23 Unit 3, Lot 26 Westgate, Net rental $143,469
    Stuart Bode 027 493 6223 & James Chan 021 934 054
    DICK SMITH ELECTRONICS AVAILABLE
    24 Lot 18 Westgate, Net rental $146,372
    Stuart Bode 027 493 6223 & James Chan 021 934 054 & John O’Brien 027 453 9155
    TOYWORLD AVAILABLE
    25 Lot 20 Westgate, Net rental $126,477
    Stuart Bode 027 493 6223 & James Chan 021 934 054 & Quinn Ngo 021 888 378
    MISS Q’S BAR/ ORIGINS HIGHEST OFFER NOT YET ACCEPTED
    26 Lot 10 Westgate, Net rental $290,320
    James Chan 021 934 054 & Chris Upright 021 674 280 & Stuart Bode 027 493 6223
    GOLDEN MOMENTS/ NOODLE CANTEEN WITHDRAWN
    27 Lot 8 Westgate, Net Rental $147,775
    James Chan 021 934 054 & Nicolas Ching 021 396 890 & Quinn Ngo 021 888 378
    RODNEY WAYNE/ DECOR FOCUS/ FIRST MOBILE AVAILABLE
    28 Unit 2, Lot 26 Westgate, Net rental $197,168
    Stuart Bode 027 493 6223 & James Chan 021 934 054
    ANIMATES HIGHEST OFFER NOT YET ACCEPTED
    29 Lot 5 Westgate, Net rental $178,597
    Stuart Bode 027 493 6223 & James Chan 021 934 054 & Mark Jorgensen 021 222 8910
    NO 1 SHOE WAREHOUSE AVAILABLE
    30 Lot 21 Westgate, Net rental $208,397
    James Chan 021 934 054 & Stuart Bode 027 493 6223 & Henry Thompson 021 337 443
    BALLENTYNES AVAILABLE
    31 Unit 1-5, Lot 23 Westgate, Net rental $126,609
    James Chan 021 934 054 & Stuart Bode 027 493 6223 & Henry Thompson 021 337 443
    WESTGATE FOOD COURT/ KEBAB JUNCTION WITHDRAWN
    32 Lot 15 Westgate, Net rental $190,000
    James Chan 021 934 054 & Quinn Ngo 021 888 378& Nicolas Ching 021 396 890
    KATHMANDU WITHDRAWN
    33 Unit 2, Lot 20 Fraser Cove, Net rental $139,517
    Stuart Bode 027 493 6223 & James Chan 021 934 054 & Dave Robins 021 955 270

    Auctioneers: Hayden Duncan, Campbell Dunoon


    Our auctions are conducted in accordance with the Real Estate Institute of New Zealand Auction Code of Practice (copies available).All properties are
    offered for sale subject to the Particulars and Conditions of Sale, as made available by the marketing agent (copies available). All properties are offered for
    sale subject to the Vendors reserve price, unless stated otherwise. Terms of payment: 10% deposit at the fall of the gavel, and the balance payable on the
    due date specified in the Conditions of Sale. When bidding today you acknowledge full acceptance of the Particulars & Conditions of sale in all respects. If
    you require any further assistance,our staff are on hand to help you.

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