Licensed under the Real Estate Agents Act 2008 - MREINZ
Brought to you by the real NORTH SHORE COMMERCIAL LTD
Commercial property on the North Shore has continued to remain at its lowest stock levels in 20 years(for almost 2 years now) and this fact has resulted in prices and rentals remaining in this reporters eyes above real market rates.
RENTALS Rental’s needed to catch up but with 50% plus increases is this really sustainable for the Average Business.
Wairau Valley Warehouse around $110pm², Office $190-220pm²
Albany Warehouse around $125pm², Office $240-300pm²
We have received 4 new North Shore industrial property listings in the past 2 weeks and have notice a bit more movement (tenant that is) in the market both up and down with a few getting out altogether. It will be interesting to see how and at what levels they lease.
North Shore Commercial property $500,000 to a Million dollar range are still well sort after even at these yields.
Our North Shore Property Management side of the business has taken a boost with market changes in that sector and looking to be something we want to grow.
Please don’t hesitate to contact me re your North Shore Commercial Property needs.
An honest free appraisal on your North Shore Commercial Property is just a call away.
Elliott Molesworth
North Shore Commercial.
Unit 1 65 Ellice Rd, Glenfield
Elliott 021 2273 000
Des 0274 925 383
elliott@northshorecommercial.co.nz