capabilities statement 2016 -...

Capabilities Statement 2016

YOUR TRUSTED PROPERTY ADVISOR

Auckland City & Fringe Commercial TeamThe Auckland City and City Fringe team had our most successful year ever in 2015 with an increase in revenue of over 45% on 2014. We attribute this to working hard collectively as a team with a shared database and CRM software to obtain premium outcomes for our Vendors and Landlords. We pride ourselves on being ethical, professional and servicing our clients property requirements with discretion and efficiency. Enclosed are a selection of unconditional sales and leases completed by members of the City and Fringe team in 2015. As shown by these results and by our track record, the Bayley’s Auckland City & Fringe Commercial Team continue to be the market leaders across the central Auckland commercial property market. We hope we will be your first port of call as your trusted property advisor.

Whilst we perceive the market to be towards the top of the cycle, by all accounts, the fundamentals for 2016 are sound and we look forward to achieving strong sales values and leasing rental rates. We expect to see the attractiveness of New Zealand as a property investment destination remain strong.

A significant increase in the number of properties which were sold in 2015 were to off-shore purchasers. Through both our unmatched purchaser database and our strong links with the Bayleys International Team, we are able to ensure no stone is left unturned when marketing your commercial property, ensuring as many potential purchasers both domestically and internationally are effectively targeted.

The Auckland City & Fringe team consist of eight seasoned professionals who are ready to work hard to assist you with your property requirements. We cover all aspects of sales and leasing and can also assist you with professional services including valuations, research and property management.

Please feel free to contact us if you would like further information on some of the sale and leasing transactions or require further comparative market evidence. If you want to discuss the commercial property market, or would like further information on selling or leasing your commercial property, then please do not hesitate to contact one of the Auckland City & City Fringe Commercial Team.

Alan HaydockCommercial Sales ManagerAuckland City & Fringe

From left: Scott Kirk, Andrew Wallace, Genevieve Thompson-Ford, Damien Bulick, James Were, Cameron Melhuish, Kenneth Hu, Jean-Paul Smit, Phil Haydock and Alan Haydock.

www.aucklandcityandfringe.co.nz

Why Bayleys?We are the Specialists in Auckland’s City and City Fringe Commercial Markets

Success Ratio for Auckland City & Fringe Team

No.1 Large Commercial and Industrial Office for 2015, 2014, 2013, 2012 awarded by the Real Estate Agency of New Zealand

$2.3B Worth of transactions for 2015 completed by Bayleys Commercial (Nationally)

Completed Commercial Sales and Leasing transactions2,107

For the period 01 January 2015 – 31 December 2015

From 2014 to 2015 Deal Value: $113,698,000Number of Deals: 44

TENDER


AUCTION


DEADLINE PRIVATE TREATY

Sold 91%

Not Sold 9%

Sold 94%

Sold 89%

Not Sold 11%

Not Sold 6%

The Auckland City & Fringe Commercial TeamAlan Haydock - Commercial Sales ManagerAlan Haydock is a senior commercial broker and is also the Manager of the Auckland City and Fringe Commercial Sales Team. He is one of Bayleys top performing commercial brokers, consistently achieving “Top 5 Commercial Brokers”(Nationally)”. With over 20 years commercial property experience, Alan has concluded a number of substantial transactions and has an impressive track record. Alan has strong negotiating skills, an extensive knowledge of commercial property and has developed strong networks within the property industry.

M +64 21 532 121 E [email protected] Real Estate Ltd, Licensed under the REA Act 2008

Cameron Melhuish - Senior Commercial BrokerCameron Melhuish is a Senior Commercial Sales Agent with Bayleys Real Estate Limited. He has a primary focus on commercial property sales in the Auckland City and Fringe locations. During his time as a commercial sales agent with Bayleys, Cameron has built up extensive knowledge of the property markets in which works. To date, Cameron has been involved in over $300 million worth of property transactions.


Phil Haydock - Commercial Sales & LeasingPhil Haydock is a Commercial Sales and Leasing agent with Bayleys Real Estate Limited and specialises in Auckland City and City Fringe locations. Phil has been in the industry since 2005 and during this time has built up a thorough understanding of the Auckland Commercial property market. Phil has a strong work ethic and negotiation skills which were further refined during his years in the highly competitive London market. He is well known for his professionalism, determination and ability to construct a deal.


James Were - Commercial SalesJames has over eight years experience in the commercial property industry having also spent time in the UK working with Cushman & Wakefield. James specialises on the Auckland City and City Fringe, where he has been involved in over $180 million worth of sales and leasing transactions. His natural charm and determination to succeed, has enabled James to develop a solid understanding of the Auckland property market, and cement a number of strong longstanding relationships.


Kenneth Hu - Marketing AnalystKenneth graduated from the University of Auckland with a Master’s degree in Finance. Kenneth also has a double Bachelor’s degree in Economics and Finance from the University of Auckland. He worked as a senior market analyst for Samsung Electronical New Zealand before joining our team. Kenneth’s analytical and research skills combined with his sound understanding of both Chinese and NZ market further complements and strengthens our reputation for producing professional, quality information that delivers results.

M +64 21 117 7288 E [email protected]

Genevieve Thompson-Ford - Team SecretaryGenevieve Thompson-Ford is the Auckland City & Fringe Team Secretary. She supports all of the team’s frontline salespeople, utilising her business acumen to ensure the smoothe running and coordination of the entire sales process.

M +64 21 022 07672 E [email protected]

Scott Kirk - Senior Commercial BrokerScott Kirk is a Senior Commercial Agent with Bayleys Real Estate Limited. Since his commencement in 2004, he rapidly established himself as a highly effective broker in the competitive world of commercial and industrial real estate and has regularly been a Bayleys Top 10 Commercial Agent (Nationally). In an industry where salespeople are directly rewarded for the effort they put in and for the results they achieve, Scott is a reliable and result-driven performer achieving top outcomes for his established and growing database of clients.


Damien Bullick - Commercial Sales & LeasingDamien has been working in commercial real estate for seven years. He is a Commercial Sales agent with Bayleys Real Estate Limited and has a primary focus on the Auckland City and City Fringe locations. Damien specialises in the on-market promotion of city fringe commercial property, and has an over 90% sell through rate for auction and tender campaigns over the last 2 years. Highlights of the last 12 months for Damien include being involved in the sale of over $100 million of property and selling over $10 million of retail units of Queen Street. Damien has also worked in London for Christies Auction House, with a focus on the marketing of property around Europe.


Jean-Paul Smit - Commercial Sales & LeasingJean-Paul is a Commercial Sales and Leasing agent with Bayleys Real Estate Limited with his main focus being the Auckland City and Fringe locations. Jean-Paul has been part of the Auckland City and Fringe Commercial Team since graduating from the University of Auckland with a Bachelor of Commerce. His passion for property and determination to succeed enables Jean-Paul to achieve the best results possible for Vendors and Landlords.


Andrew Wallace - Commercial Sales & LeasingAndrew Wallace is a commercial sales and leasing agent in the Auckland City and Fringe Team. In his first year Andrew was involved in over $15 million worth of property transactions. Andrew holds a bachelor or property and a bachelor of commerce from the University of Auckland. He has a strong understanding of the property market and is building a strong track record. He believes success is based on building strong relationships and the ability to earn the trust and respect of vendors. Andrew values integrity, empathy and hard work when dealing with clients.


Selection of sales deals from our Team in 2015

87 Albert Street, Auckland CBDSold for $18,420,000 + GST (if any)Sold Off Market. Sold Partially Vacant

SOLD

12 Lambie Drive, ManukauSold for $6,450,000 + GST (if any)Sold Off Market. Yield 9.00%

SOLD

60-64 Upper Queen Street, Eden TerraceSold for $3,900,000 + GST (if any)Sold Off Market. Yield 6.52%

SOLD

31 A, Normanby Road, Mt EdenSold for $2,900,000 + GST (if any)Sold Off Market. Sold Vacant

SOLD

15 Gundry Street, Auckland CentralSold for $2,420,000 + GST (if any)Sold by Tender. Sold Vacant

SOLD

74 D France Street, Eden TerraceSold for $1,250,000 + GST (if any)Sold by Auction. Sold Vacant

SOLD

126 Khyber Pass Road, GraftonSold for $8,200,000 + GST (if any)Sold by Tender. Yield 8.23%

SOLD

13-15 Margot Street, EpsomSold for $4,450,000 + GST (if any)Sold Off Market. Sold Vacant

SOLD

189 Balmoral Road, Mt EdenSold for $3,520,000 + GST (if any)Sold by Tender. Sold Vacant

SOLD

101 Great South Road, EpsomSold for $2,800,000 + GST (if any)Sold by Tender. Sold Partially Vacant

SOLD

399 Khyber Pass Road, GraftonSold for $2,210,000 + GST (if any)Sold by Auction. Yield 3.45%

SOLD

400 A & 400 B Great North Road, Grey LynnSold for $1,975,000 + GST (if any)Sold by Tender. Sold Partially Vacant

SOLD

6 Tweed Street, Herne BaySold for $9,500,000 + GST (if any)Sold by Tender. Yield 2.63%

SOLD

79-83 Beach Road, Auckland CBDSold for $5,600,000 + GST (if any)Sold by Tender. Yield 3.89%

SOLD

8 Roxburgh Street, NewmarketSold for $3,750,000 + GST (if any)Sold Off Market. Yield 2.34%

SOLD

51 F Hobson Street, Auckland CBDSold for $2,850,000 + GST (if any) Sold by Private Treaty. Yield 9.50%

SOLD

76 Ellice Road, Wairau ValleySold for $2,275,000 + GST (if any)Sold by Tender. Sold Vacant

SOLD

Unit G, 85 Beach Road, Auckland CBDSold for $1,180,000 + GST (if any)Sold Off Market. Sold Vacant

SOLD


10-12 Exmouth Street, Eden TerraceSold for $7,500,000 + GST (if any)Sold by Tender. Sold Vacant

SOLD

9-13 Exmouth Street, Eden TerraceSold for $4,300,000 + GST (if any)Sold by Tender. Yield 6.63%

SOLD

17 Falcon Street, ParnellSold for $3,500,000 + GST (if any)Sold by Tender. Yield 3.90%

SOLD

14-16 St Johns Road, St JohnsSold for $2,700,000 + GST (if any)Sold by Tender. Yield 6.38%

SOLD

75 France Street, Eden TerraceSold for $1,848,000 + GST (if any)Sold by Tender. Yield 7.03%

SOLD

30-32 Rosebank Road, AvondaleSold for $1,150,000 + GST (if any)Sold by Auction. Yield 3.86%

SOLD

2/110 Mt Eden Road, Mt EdenSold for $7,250,000 + GST (if any)Sold Off Market. Yield 7.00%

SOLD

8 Normanby Road, Mt EdenSold for $4,060,000 + GST (if any)Sold Off Market. Sold Vacant

SOLD

Unit C, 187-189 Queen Street, Auckland CBDSold for $3,230,000 + GST (if any)Sold by Auction. Yield 4.95%

SOLD

252-258 Great North Road, Grey LynnSold for $2,530,000 + GST (if any)Sold by Tender. Yield 2.93%

SOLD

8 Newton Road, Grey LynnSold for $1,600,000 + GST (if any)Sold by Auction. Sold Vacant

SOLD

571 Remuera Road, RemueraSold for $830,000 + GST (if any)Sold by Auction. Yield 3.8%

SOLD

131 Khyber Pass Road, GraftonSold for $7,450,000 + GST (if any)Sold Off Market. Yield 8.00%

SOLD

91 Newton Road, Eden TerraceSold for $4,210,000 + GST (if any)Sold by Tender. Yield 2.98%

SOLD

41 College Hill, Freemans BaySold for $3,320,000 + GST (if any)Sold by Tender. Yield 4.82%

SOLD

Unit 11, 39 B Mt Wellington HighwaySold for $2,630,000 + GST (if any)Sold Off Market. Yield 8.76%

SOLD

Unit A, 187-189 Queen Street, Auckland CBDSold for $1,610,000 + GST (if any)Sold by Auction. Yield 5.59%

SOLD

332 New North Road, KingslandSold for $910,000 + GST (if any)Sold by Private Treaty. Sold Vacant

SOLD


26-32 Virginia Ave East, Eden TerraceSold for $7,000,000 +GST (if any)Sold by Tender. Yield 8.94%

SOLD

3-7 & 9 Tawari Street, Mt EdenSold for $4,050,000 + GST (if any)Sold by Tender. Yield 6.12%

SOLD

136 Karangahape Road, Auckland CBDSold for $3,200,000 + GST (if any)Sold by Tender. Yield 6.39%

SOLD

215 Symonds Street, Eden TerraceSold for $2,490,000 + GST (if any)Sold by Auction. Yield 5.82%

SOLD

20 Newton Road, Grey LynnSold for $1,375,000 + GST (if any)Sold by Auction. Sold Partially Vacant

SOLD

10 G, 11 Fenton Street, Mt EdenSold for $345,000 + GST (if any)Sold by Private Treaty. Sold Vacant

SOLD

99 A Queen Street, Auckland CBDSold for $6,660,000 + GST (if any)Sold Off Market. Yield 6.08%

SOLD

52 Sales Street, Auckland CBDSold for $3,900,000 + GST (if any)Sold Off Market. Sold Vacant

SOLD

25-29 Altham Avenue, Mt EdenSold for $3,000,000 + GST (if any)Sold by Tender. Yield 2.00%

SOLD

113 Grafton Road, GraftonSold for $2,450,000 + GST (if any)Sold by Tender. Yield 7.96%

SOLD

1 A & 1 B, 43 A Linwood Avenue, Mt AlbertSold for $1,340,000 + GST (if any)Sold by Tender. Yield 3.28%

SOLD

Unit 8 B, 17 Albert Street, Auckland CBDSold for $250,000 + GST (if any)Sold by Deadline Private Treaty. Sold Vacant

SOLD

8-14 Railway Street, NewmarketSold for $6,700,000 + GST (if any)Sold Off Market. Yield 6.01%

SOLD

60 New North Road, Eden TerraceSold for $3,950,000 + GST (if any)Sold by Tender. Sold Partially Vacant

SOLD

1 Halsey Street, Auckland CBDSold for $3,085,000 + GST (if any) Sold Off Market. Sold Vacant

SOLD

6 Maidstone Street, Grey LynnSold for $2,480,000 + GST (if any) Sold by Auction. Sold Vacant

SOLD

131 Mt Eden Road, Mt EdenSold for $1,340,000 + GST (if any)Sold by Auction. Sold Partially Vacant

SOLD

Unit 10 C, 17 Albert Street, Auckland CBDSold for $300,000 + GST (if any)Sold by Deadline Private Treaty. Sold Vacant

SOLD


Selection of leasing deals from our Team in 2015

15 Gundry Street, Auckland CBDLeased for $200,740 + GST

LEASED

Suite 303 & 304, 100 Parnell Road, ParnellLeased for $131,470 + GST

132 Symonds Street, Eden TerraceLeased for $100,000 + GST

11-13 Mercury Lane, Auckland CBDLeased for $72,320 + GST

24 A Williamson Avenue, PonsonbyLeased for $58,852 + GST

51 Mackelvie Street, PonsonbyLeased for $47,226 + GST

449 Richmond Road, Grey LynnLeased for $147,160 + GST

Ground Floor, 31-33 Ruskin Street, ParnellLeased for $102,450 + GST

211 Ponsonby Road, PonsonbyLeased for $85,400 + GST

393 Remuera Road, RemueraLeased for $70,000 + GST

LG, 441 Queen Street, Auckland CBDLeased for $47,480 + GST

16 Adelaide Street, Auckland CBDLeased for $34,400 + GST

5 Galatos Street, Auckland CBDLeased for $189,150 + GST

Level 1, 44 Broadway, NewmarketLeased for $109,350 + GST

11 Morgan Street, NewmarketLeased for $96,760 + GST

Level 1, 130, Ponsonby Road, PonsonbyLeased for $70,220 + GST

GF, 3 Diamond Street, Eden TerraceLeased for $57,380 + GST

60 F Surrey Crescent, Grey LynnLeased for $37,000 + GST


LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

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