Erskine + Owen acquires commercial office building for client

December 9, 2013

Last month our lead commercial property buyer secured the following property for our client: Purchase price $2.010m Rent $159K per annum Yield 7.92% Lease: 6 year lease beginning in October 2013 with 2, 3 year right of renewals Strong tenant – well established company Property type – two level office space with no earthquake issues…

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Helping to make a new Whangarei business dream come true!

May 9, 2013

Mike and Carolyn were looking to secure a property to launch their day care business. A site was identified and we worked through the process to negotiate the price and terms they required. They didn’t want to settle too early, but they needed access to renovate the dwelling ready for opening day. We agreed a…

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Client gets the 9.2% yielding property they want

May 9, 2013

We recently had a brief from a client to source a property with a value up to $1.5m and a 9% + yield. Jan 2013 our client went unconditional on the following: Purchase price $1.450m Rent $136k per annum Yield 9.38% Lease: 4 months in to a 4 year lease with 2 x 4 year…

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