AUCTION RESULTS TOTAL PROPERTY NATIONAL PORTFOLIO

Wednesday 2 December 2009, Maritime Square – 11am

SUNNYNOOK, Unit G, 120 Sunnynook Road SOLD $610,000

1 Established café business since 2002, new 6 year lease from Oct 09, returning $36,000pa + GST
35 Nicolas Ching 021 396 890 & James Chan 021 934 054
KINGSLAND, 388 New North Road SOLD $3,250,000
2 Superbly located Gull service station, current rental $248,821pa + GST one of Gulls top sites
44 Stuart Bode 027 493 6223
NEW LYNN, 3091 Great North Road SOLD $998,000
3 1,012m² freehold land, fully leased to 3 retail & 4 commercial tenants, high profile road frontage
41 Chris Upright 021 674 280 & John O’Brien 027 453 9155
PANMURE, 4 Domain Road SOLD $330,000
4 350m² over 2 floors/2 road frontages, potential conversion to apartments, retail, professional offices
67 Stuart Christie 021 666 961

ALBANY, Unit A1, 59 Apollo Drive SOLD $960,000

5 Fantastic café and deli investment, brand new 10 year lease, returning $65,760pa + GST
34 Richard Moors 021 848 447 & Caleb Belling 021 191 2275
AUCKLAND CBD, 9-11 Victoria Street East SOLD $768,000
6 Tenanted by authentic Asian food café, busy location near University, net rental $45,622.50pa
51 James Chan 021 934 054

PENROSE, 11 Bassant Avenue AVAILABLE

7 Freehold standalone property of 989m², 703m² high stud clear span warehouse office, 18 carparks
67 James Hill 021 599 529

AUCKLAND CBD, 1A, 239 Queen Street AVAILABLE

8 Well established tenant with very busy business, returning $86,901.07pa, very rare opportunity
52 James Chan 021 934 054

AUCKLAND CBD, 9 Customs Street East AVAILABLE

9 Prime Downtown location, new eight year lease from May 2009, rental $120,000pa
49 James Chan 021 934 054
BOTANY, 297-301 Botany Road SOLD $402,000
10 Ideal small/entry level investment returning $29,000+ GST+ outgoings, popular chiropractor tenant
68 John Parry-Crooke 021 222 5959

The following auctions will not commence before 12 noon

OREWA, 3 Moenui Avenue SOLD PRIOR

11 Countdown – Progressive prime tenant, $401,000 pa, in the heart of the Orewa Retail Precinct
31 Richard White 021 964 222
AUCKLAND, 456 Queen Street AVAILABLE
12 High profile Queen Street position, provides great cashflow of $50,000 + GST net pa
52 Alan Haydock 021 532 121 & Kate Robinson 021 469 479
HUAPAI, 329A State Highway 16 AVAILABLE
13 3 tenants on 4 strata titles, rental $113,500 contract, 44 car parks, main road - high profile
- Richard White 021 964 222
TAKAPUNA, 475 Lake Road AVAILABLE
14 Approx 160m² of prime retail space spilt over 2 levels, rental valuation of $59,000+GST+opex
- Damian Stephen 021 80 80 92 & Richard Moors 021 848 447
 GLEN EDEN, 202-208 & 54-60 West Coast Road AVAILABLE
15 Freehold standalone on 2 titles, 8 retail & 2 office tenancies, rental $94,142.06 net plus GST
40 Andre Siegert 021 388 883 & Chris Upright 021 674 280
HASTINGS, 208 Heretaunga Street East UNDER CONTRACT
16 Govt tenant – Ministry of Social Development, gross rental $98427 + GST pa – only $105 per m²
92 Mike Ashton 027 471 5171 & Eoin Carty 027 448 4086

MANUREWA, Unit J, 185 Great South Road SOLD $550,000

17 Split risk investment, net income of $46,664pa with two long term tenancies and high exposure
79 Mike Ashton 027 471 5171 & Peter Migounoff 027 492 0788
NEW LYNN, Units A & B, 3121 Great North Road SOLD $1,818,000
18 Busy shopping centre, 2 titles & six year lease with a committed tenant, net rental $128,013
42 Gordon Gibson 021 992 296

PAPATOETOE, Unit H, 258 Puhinui Road SOLD $522,000

19 Café in a 2 year old development, currently returning $45,225 + GST & outgoings pa
Geoff Wyatt 021 982 322
74
GREY LYNN, 14 Shirley Road AVAILABLE
20 Successful boarding house in good location, features both communal & self-contained amenities
45 Colin McKenna 027 457 6457 & Marty Roestenburg 021 943 517

The following auctions will not commence before 1pm

ST LUKES, Unit 9, 49 Sainsbury Road SOLD $900,000

21 Multi national tenant, new building architecturally designed, five year lease with rental increases
43 Clint Barber 021 999 338 & David Gubb 021 758 298
ONEHUNGA, 263 Mount Smart Road UNDER CONTRACT
22 High profile large corner site on busy main road close to Mt Smart stadium, returning $90,380pa
63 Tony Chaudhary 021 995 121 & Ben Jones 021 842 686

PAPATOETOE, Unit 12, 77 St George Street AVAILABLE

23 Split risk investment returning $140,000pa + GST, prime location, well known landmark building
74 Ben Jones 021 842 686 & Tony Chaudhary 021 995 121
HENDERSON, 3 Rakich Place SOLD $350,000
24 Freehold land 1,277m², working environment zoning, total span double bay storage facility
40 Lisa Nielson 021 558 764
AUCKLAND CITY, 74-76 Upper Queen Street SOLD $2,000,000
25 - Good profile, critical mass & car parking, multi-use zoning, a genuine opportunity to add value
Colin McKenna 027 457 6457

AUCKLAND, 11 Nikau Street AVAILABLE

26 Fully managed accommodation, 26 rooms, 5 ground level secure car parks, 2 car parks outside
- Colin McKenna 027 457 6457 & Peter Nikolov 021 801 782
GRAFTON, 129 Grafton Road AVAILABLE
27 Large 717m² freehold site, 23 rooms, 4 single garages, 5 carparks, flexible residential 7C zoning
- Colin McKenna 027 457 6457 & Peter Nikolov 021 801 782
HOWICK, 10 Uxbridge Road SOLD $1,630,000
28 Split risk investment, 2 commercial units & four 2 bedroom apartments, gross income $123,620pa
70 Mark Pittaway 027 432 1119
TAKAPUNA, 90-94 Hurstmere Road SOLD $1,900,000
29 Prime location in central Takapuna, fully tenanted with three tenants returning $147,000pa
37 Richard Moors 021 848 447
MANUKAU, 25 Bishop Dunn Place AVAILABLE
30 Two titles Lot 7 3081m², Lot 8 3374m² freehold, the only available sites in this immediate area
75 Daryl Devereux 021 647 773
 MANUKAU, 30 Bukem Place AVAILABLE
31 3.35 hectares in 5 seperate titles, offers a number of development options, borders on public park
76 Daryl Devereux 021 647 773 & Stuart Christie 021 666 961 & Scott Kirk 021 499 661
PONSONBY, 19 Williamson Avenue AVAILABLE
32 Rarely found 1970’s commercial site close to Ponsonby Road shops with a mixed zone use
47 John Jefferson 027 493 3935
PT CHEVALIER, 5-9 Pt Chevalier Road AVAILABLE
33 Freehold standalone building, 337m² approx floor area with mezzanine floor, vacant possession
43 Nicolas Ching 021 396 890 & James Chan 021 934 054
AUCKLAND CENTRAL 128-132 Victoria Street West AVAILABLE
34 Standalone, high exposure property in a CBD location with car parking and mixed use
47 John Jefferson 027 493 3935
WHANGAPARAOA, 131 Vipond Road AVAILABLE
35 2,428m² freehold corner section, with 8 Residential units and 20 Motel / Hotel Units, M9G zoning
32 Damian Stephen 021 80 80 92 & Willi Bardohl 021 19 22 925
MANUREWA, 6 Holmes Road AVAILABLE
36 Split risk, secure investment, 2 tenancies returning $57,200pa leased until 30 June 2012 with R.O.R
- Mike Ashton 027 471 5171 & Peter Migounoff 027 492 0788
HENDERSON, 116 Henderson Valley Road AVAILABLE
37 761m² building with 2 tenants & total income of $91,000pa, generous secure yard & parking area
39 Mark Jorgensen 021 222 8910
MANGERE, 35-40, 203 Kirkbride Road AVAILABLE
38 Six units comprising of twelve 3 room apartments, great business development opportunity
73 Peta Laery 021 277 3039

Auctioneers Notes
AUCKLAND, 327 Karangahape Road Colin McKenna 027 457 6457 SOLD PRIOR
MANUKAU, 14 Earl Richardson Avenue David Young 021 937 302 SOLD PRIOR
EAST TAMAKI, 241 Ti Rakau Drive John Bolton 021 925 016 WITHDRAWN
ALBANY, 19 Tarndale Grove John Parry-Crooke 021 222 5959 WITHDRAWN
NEW LYNN, 3 Delta Avenue Nicolas Ching 021 396 890 WITHDRAWN
HOBSONVILLE, 413 Hobsonville Road Shane Snijder 021 730 488 WITHDRAWN
PAPAKURA, 182C Great South Road Peter Migounoff 027 492 0788 WITHDRAWN
Auctioneers: Hayden Duncan Campbell Dunoon
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available).
All properties are offered for sale subject to the Particulars and Conditions of Sale, as made available by the marketing agent
(copies available).
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Sale.
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