INDEPENDENT NEWS

DTZ sales and leasing briefs

Published: Tue 25 Jul 2006 09:47 AM
Please find below some DTZ sales and leasing briefs for your information.
Unit A, 75 Anzac Avenue, Auckland has been sold to a private investor for $1.13 m. The area sold comprises the whole ground floor retail space of 556sqm plus 3 car park spaces. At present the space is occupied by Japan Mart, a Japanese supermarket who have been there since 1996. Their lease ends in 2008 and the gross rental is $88,533. The building is 4 storeys and was formerly known as Anzac House. It was developed as Romano Apartments in 1995. The entire development comprises ground floor retail space and 19 apartments on 3 levels. (Agnes Teh, DTZ Auckland)
A property on the corner of Great South and Mahia Roads, South Auckland has been sold by private treaty for $2.2m. Both buyer and vender are private investors. The corner freehold site 4,327m2 provides good exposure and access. It is currently used as a service station leased to Mobil Oil NZ until 2023 for an annual rental of $160,000. (Agnes Teh, DTZ Auckland)
334sqm office space at 101 Station Road, Penrose, South Auckland has been leased to Richmond Fellowship NZ. The new tenant is a nationwide training organisation and they plan to use the property as a training facility. The property comes with 8 car park spaces. (Leon Lin, DTZ Auckland)
ENDS

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