Bayleys Real Estate
Prices at Bayleys' latest commercial property auction ranged from $550,000 to $5.34 million
Prices at Bayleys' latest commercial property auction ranged from $550,000 to $5.34 million
Low interest rates and high house prices are pushing many investors to commercial properties
Properties with development potential were particularly sought after at Bayleys' latest commercial property auction
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Properties with development potential were particularly sought after at Bayleys' latest commercial property auction
Investors seeking smaller commercial premises throughout the country as an alternative to residential investment property
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Investors seeking smaller commercial premises throughout the country as an alternative to residential investment property
Activity is already heating up at residential property auctions and there's plenty of activity on the commercial property front too
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Activity is already heating up at residential property auctions and there's plenty of activity on the commercial property front too
Prices started at $676,500 at Bayleys' latest commercial property auctions
Prices started at $676,500 at Bayleys' latest commercial property auctions
Investors getting net yields of around 5% from smaller retail units in Auckland
Plenty of fare for smaller investors among Bayleys' latest commercial sales with prices starting at just $520,000
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Plenty of fare for smaller investors among Bayleys' latest commercial sales with prices starting at just $520,000
Eight out of 10 recent commercial property sales reported by Bayleys in Christchurch were either vacant properties or development sites
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Eight out of 10 recent commercial property sales reported by Bayleys in Christchurch were either vacant properties or development sites
Bayleys' latest commercial sales evenly split between tenanted and vacant properties, prices started at $680,000
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Bayleys' latest commercial sales evenly split between tenanted and vacant properties, prices started at $680,000
Good mainstream commercial properties achieving net yields around 5% but higher yields possible if you look further afield
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Good mainstream commercial properties achieving net yields around 5% but higher yields possible if you look further afield
The popularity of smaller commercial properties is keeping their net yields under 5% and they may even go a bit lower
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The popularity of smaller commercial properties is keeping their net yields under 5% and they may even go a bit lower
Two thirds of the commercial properties offered at Bayleys' Auckland auction didn't receive any bids
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Two thirds of the commercial properties offered at Bayleys' Auckland auction didn't receive any bids
The sale of TV3's studios and associated buildings was the jewel in Bayleys' recent commercial property sales
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The sale of TV3's studios and associated buildings was the jewel in Bayleys' recent commercial property sales
The fact that a property was about to lose its tenant and needed refurbishing didn't deter investors who could see its potential
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The fact that a property was about to lose its tenant and needed refurbishing didn't deter investors who could see its potential