SALES TRACK RECORD City MEtro Team April 2018 sales track record 777-779 NEW NORTH ROAD, MT ALBERT 31 MACKELVIE STREET, GREY LYNN 532-536 PARNELL ROAD, PARNELL PRICE: $1,300,000 PRICE: $2,715,000 PRICE: $13,600,000 METHOD: Tender METHOD: Deadline Private Treaty METHOD: Tender ANALYSIS: Part Vacant, $7,103/m² land & buildings ANALYSIS: $5,645/m² on land ANALYSIS: $7,039/m² land area BROKERS: Reese Barragar BROKERS: Reese Barragar, Murray Tomlinson BROKERS: Andrew Clark, Graeme McHoull, Cam Paterson DATE: March 2018 DATE: March 2018 DATE: March 2018 VENDOR: St Albans Limited VENDOR: Telecca New Zealand Limited VENDOR: Empire Trust (Mike & Irene Rosser) sales track record 35 CHURCH STREET, ONEHUNGA 57L LIVINGSTONE STREET, GREY LYNN 62 BROWN STREET, ONEHUNGA PRICE: $1,210,000 PRICE: $515,000 PRICE: $2,700,000 METHOD: Auction METHOD: Deadline Private Treaty METHOD: Auction ANALYSIS: $4,115/m² land & building ANALYSIS: Vacant, $8,583/m2 Land & Buildings ANALYSIS: 4.62% yield BROKERS: Murry Tomlinson BROKERS: Reese Barragar, Shaydon Young BROKERS: Murry Tomlinson, Reese Barragar DATE: March 2018 DATE: March 2018 DATE: March 2018 VENDOR: Walker Trust VENDOR: Lion Rock Roast Limited VENDOR: Shanks & Holmes sales track record 69/210-218 VICTORIA STREET WEST, VICTORIA QUARTER 10 ADELAIDE STREET, VICTORIA QUARTER 60 MT EDEN ROAD, MT EDEN PRICE: $1,300,000 PRICE: $855,000 PRICE: $2,600,000 METHOD: Private Treaty METHOD: Deadline Private Treaty METHOD: Tender ANALYSIS: Vacant, $6,075/m2 land & buildings ANALYSIS: Vacant, $8,066/m² land & building ANALYSIS: $5532/m² building, 7625/m² land BROKERS: Reese Barragar, Rex Fowler BROKERS: Reese Barragar BROKERS: Cam Paterson, Reese Barragar DATE: February 2018 DATE: February 2018 DATE: January 2018 VENDOR: SMH Trust VENDOR: The Sitting Room Trustee Company Ltd VENDOR: Sally Fisher, Lynne Stuart sales track record 83 GREAT SOUTH ROAD, EPSOM 16 PEACH PARADE, REMUERA 12 PEACH PARADE, REMUERA PRICE: $1,046,000 PRICE: $9,745,000 PRICE: $1,200,000 METHOD: Auction METHOD: Tender METHOD: Tender ANALYSIS: Long term lease, 2.81% ANALYSIS: Mixed Housing Suburban $1,618/m² ANALYSIS: Drainage easement, $1,094/m² BROKERS: Cam Paterson, Andrew Clark BROKERS: Cam Paterson, John Stringer BROKERS: Cam Paterson, John Stringer DATE: January 2018 DATE: December 2017 DATE: December 2017 VENDOR: Deceased Estate VENDOR: Auckland Racing Club VENDOR: Auckland Racing Club sales track record C301, 50 KITCHENER STREET, CBD 10 SEVERN STREET, GRAFTON 27/210-218 VICTORIA STREET WEST, VICTORIA QUARTER PRICE: $3,250,000 PRICE: $2,235,000 PRICE: $440,000 METHOD: Tender METHOD: Tender METHOD: Deadline Private Treaty ANALYSIS: 6.52% yield ANALYSIS: 5.23% yield ANALYSIS: 6% BROKERS: Andrew Clark, Reese Barragar BROKERS: Murray Tomlinson BROKERS: Shaydon Young, Reese Barragar DATE: February 2018 DATE: December 2017 DATE: November 2017 VENDOR: Naren Patel VENDOR: Paterson Trust VENDOR: Marlow Family Trust sales track record 1/10-12 VINEGAR LANE, GREY LYNN 3/26 PUTIKI STREET, GREY LYNN 428-448 DOMINION ROAD, MT EDEN PRICE: $1,130,000 PRICE: $4,725,000 PRICE: $7,450,000 METHOD: Private Treaty METHOD: Tender METHOD: Tender ANALYSIS: Vacant, $7,400/m² + two carparks at $75 each ANALYSIS: $6,001/m² on building ANALYSIS: $3,695/m² Mixed Use land BROKERS: Reese Barragar, Shaydon Young BROKERS: Rex Fowler, Nick Bernecker BROKERS: Cam Paterson DATE: November 2017 DATE: November 2017 DATE: September 2017 VENDOR: Oakland Apartment Limited VENDOR: Barrio Investments VENDOR: Murray Freestone & Kerry Langton sales track record 33 SCANLAN STREET 104 CUSTOMS STREET WEST, CBD 516 NEW NORTH ROAD, KINGSLAND PRICE: $5,275,000 PRICE: $4,350,000 PRICE: $2,760,000 METHOD: Off-Market METHOD: Off Market METHOD: Tender ANALYSIS: Vacant, $5,480/m² on Land ANALYSIS: Leasehold, 9.6% ANALYSIS: $5,565/m² Land BROKERS: Reese Barragar BROKERS: Cam Paterson BROKERS: Cam Paterson, Shaydon Young DATE: September 2017 DATE: September 2017 DATE: September 2017 VENDOR: Confidential VENDOR: Southside Group VENDOR: Ian and Cathy Song sales track record 8 PUTIKI STREET, GREY LYNN 6/19 EDWIN STREET, MOUNT EDEN 4B/142 BROADWAY, NEWMARKET PRICE: $1,000,000 PRICE: $905,000 PRICE: $1,462,000 METHOD: Tender METHOD: Deadline Private Treaty METHOD: Tender ANALYSIS: $5,319/m² (Vacant Land) ANALYSIS: $4,945/m² (Vacant Possession) ANALYSIS: 5.12% or $4,598/m² BROKERS: Reese Barragar, Grant Magill BROKERS: Shaydon Young BROKERS: Andrew Clark, Murray Tomlinson DATE: September 2017 DATE: September 2017 DATE: September 2017 VENDOR: David John Ryan and Farry & Co. Trustees Limited VENDOR: R K Naidu & Sons Limited VENDOR: Claymore Broadway #2 Limited sales track record 12 CRUMMER ROAD, GREY LYNN 35 VIRGINIA AVENUE, EDEN TERRACE 37 VIRGINIA AVENUE, EDEN TERRACE PRICE: $4,000,000 PRICE: $1,475,000 PRICE: $2,050,000 METHOD: Off Market METHOD: Tender METHOD: Tender ANALYSIS: $9,302/m² land, $7,629/m² Land & building ANALYSIS: $3,965/m² Land , 4.81% ANALYSIS: $3,280/m² Land, 3.44% BROKERS: Murray Tomlinson BROKERS: Cam Paterson, Rex Fowler BROKERS: Cam Paterson, Rex Fowler DATE: September 2017 DATE: August 2017 DATE: August 2017 VENDOR: Liston Trust VENDOR: Hitchcock Trust VENDOR: Hitchcock Trust sales track record 103 VICTORIA STREET WEST, AUCKLAND CENTRAL 155 PARNELL ROAD, PARNELL 7/13 COLES AVENUE, MT EDEN PRICE: $2,420,000 PRICE: $1,172,500 PRICE: $1,215,000 METHOD: Tender METHOD: Tender METHOD: Deadline Private Treaty ANALYSIS: 4.19% ANALYSIS: 5.09% ANALYSIS: $6,865/m² land & buildings BROKERS: John Stringer BROKERS: John Stringer, Agnes Teh BROKERS: Reese Barragar, Shaydon Young DATE: August 2017 DATE: August 2017 DATE: August 2017 VENDOR: Erica Eady Trust VENDOR: Deel Holdings Limited VENDOR: The Garden Cove Trust sales track record 33 SCANLAN STREET, GREY LYNN 50 AITKEN TERRACE, KINGSLAND 42 ROSEBANK ROAD, AVONDALE PRICE: $4,800,000 PRICE: $3,770,000 PRICE: $1,295,000 METHOD: Tender METHOD: Tender METHOD: By Negotiation ANALYSIS: $4,990/m² land ANALYSIS: $4,300/m² land & buildings ANALYSIS: $1,570/m² land BROKERS: Reese Barragar BROKERS: Reese Barragar, Grant Magill BROKERS: Reese Barragar DATE: August 2017 DATE: August 2017 DATE: August 2017 VENDOR: Chu Bang Assets Limited VENDOR: RKSL Limited VENDOR: Subsume Limited sales track record 103 WELLESLEY STREET, AUCKLAND CENTRAL 542 ORMISTON ROAD, FLAT BUSH 81 REMUERA ROAD, NEWMARKET PRICE: $12,250,000 PRICE: $2,950,000 PRICE: $3,500,000 METHOD: Off-Market METHOD: Tender METHOD: Tender ANALYSIS: $9,975/m² land ANALYSIS: $91/m² land ANALYSIS: $6,172/m² land BROKERS: Murray Tomlinson, John Stringer BROKERS: Cam Paterson, Colin Stewart BROKERS: Murray Tomlinson, John Stringer DATE: August 2017 DATE: August 2017 DATE: July 2017 VENDOR: Delphi Trust Ltd VENDOR: Industrial and Commercial Bank of China VENDOR: 81 Remuera Rd Ltd sales track record 351 MANUKAU ROAD, EPSOM 3D & 3E, 153-187 BROADWAY, NEWMARKET 391A ROSEBANK ROAD, ROSEBANK PRICE: $2,900,000 PRICE: $3,730,000 PRICE: $2,830,000 METHOD: Tenders METHOD: Tender METHOD: Auction ANALYSIS: $6,000/m² land or $6,144/m² building ANALYSIS: 6.75% yield ANALYSIS: 5.9% yield BROKERS: Cam Paterson BROKERS: Andrew Clark BROKERS: Murray Tomlinson, Grant Magill DATE: July 2017 DATE: July 2017 DATE: June 2017 VENDOR: Ivan Houghton VENDOR: Bruce Qin VENDOR: Grey Rose Holdings Ltd sales track record 5/1978 GREAT NORTH ROAD, AVONDALE 6/1976 GREAT NORTH ROAD, AVONDALE 27 HARGREAVES STREET, FREEMANS BAY PRICE: $660,000 PRICE: $895,000 PRICE: $2,680,000 METHOD: Auction METHOD: Auction METHOD: Tender ANALYSIS: Short term lease, 7.5% yield ANALYSIS: Short term leases - 7.8% yield ANALYSIS: Vacant, $9,054/m² land & buildings BROKERS: Reese Barragar, Colin Stewart BROKERS: Reese Barragar, Colin Stewart, Chris Peterson BROKERS: Reese Barragar DATE: July 2017 DATE: June 2017 DATE: June 2017 VENDOR: Texas Heat Limited VENDOR: Texas Heat Limited VENDOR: P H Walters & M Blackman sales track record 929 NEW NORTH ROAD, MT ALBERT 376 GREAT NORTH ROAD, GREY LYNN 18 BIRMINGHAM ROAD, EAST TAMAKI PRICE: $575,000 PRICE: $4,000,000 PRICE: $1,211,000 METHOD: Tender METHOD: Off-Market METHOD: Auction ANALYSIS: Vacant, 34% IEP ANALYSIS: 4.65% yield ANALYSIS: 4.45% yield BROKERS: Reese Barragar BROKERS: Grant Magill BROKERS: Murray Tomlinson, James Marshall DATE: June 2017 DATE: May 2017 DATE: May 2017 VENDOR: S M & W P Taylor VENDOR: Guido & Karen Locher VENDOR: Confidential sales track record 87-89 ALBERT STREET, CBD 68/210-218 VICTORIA STREET WEST, VICTORIA QUARTER 350 QUEEN STREET, CBD PRICE: Confidential PRICE: $1,285,000 PRICE: $44,500,000 METHOD: Off-Market METHOD: Off-Market METHOD: Negotiation ANALYSIS: Large CBD Freehold Offering ANALYSIS: Vacant, $5,140/m² land & buildings ANALYSIS: 6.23% BROKERS: John Stringer BROKERS: Reese Barragar BROKERS: John Stringer, Cam Paterson DATE: May 2017 DATE: May 2017 DATE: May 2017 VENDOR: Murray & Jonathan Rose VENDOR: Partridge Property Investments Ltd VENDOR: Krukziener Properties sales track record 31B DRAKE STREET, VICTORIA QUARTER 24 WILLIAMSON AVENUE, GREY LYNN 46-48 POLLEN STREET, GREY LYNN PRICE: $1,500,000 PRICE: $3,001,000 PRICE: $4,810,000 METHOD: Off-Market METHOD: Tender METHOD: Tender ANALYSIS: Vacant, $5,400/m² land & buildings ANALYSIS: Vacant, $8,500/m² on land ANALYSIS: 4.28% yield, long term lease commitments BROKERS: Reese Barragar BROKERS: Cam Paterson, Murray Tomlinson BROKERS: Cam Paterson, Shaydon Young DATE: May 2017 DATE: May 2017 DATE: April 2017 VENDOR: Partridge Property Investments Ltd VENDOR: Jillian Bashford VENDOR: Gareth Dunkerley sales track record 150