Kiwi buys another $25m property at Sylvia Park

Wed, 19 Dec 2018

By Jenny Ruth Dec. 20 (BusinessDesk) - Kiwi Property Group says it has paid $25 million for an industrial property opposite the Sylvia Park train station. The currently vacant property at 43 Carbine Road in Mt Wellington is on a 22,086 square-metre site with existing warehousing and yard facilities. Kiwi chief executive Clive Mackenzie says the site has potential linkages to the Sylvia Park shopping centre and is zoned mixed-use under the Auckland Unitary Plan. “While we have no immediate plans for the site beyond leasing the existi...

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