Commercial property for sale

Listing ID: 43124027

AFFORDABLE MULTI-TENANTED INVESTMENT

Deadline sale: Closes on Thursday 8 October 2026 at 4:00PM (unless sold prior)

Enjoy the passive return from this high-profile retail property, perfectly positioned on the sunny side of Gillies Street in the vibrant Kawakawa CBD. Offering exceptional visibility and foot traffic, this is a rare opportunity to secure a multi-tenanted property in Kawakawa, the gateway to the Bay of Islands.  

This 371m² Freehold property is surrounded by prominent businesses such as Kawakawa Pharmacy and Liquid Laundromat, as well as the iconic Hundertwasser Public Toilets, which is one of the regions distinctive tourist attractions. This premium position on State Highway 1 ensures constant visibility for the property’s tenants. 

With a total of four tenancies, this property presents the opportunity to diversify your income stream and minimise risk. The tenancies include a great mix of local businesses, including Northland Headstones, Nine Lives Boutique, Joyces Quality Meats and Coin Save. With a rental return close to $50,000 + Outgoings + GST per annum, this property represents a lucrative investment opportunity with a diverse income.  

With limited commercial opportunities in this prime CBD location, this freehold investment property is an excellent addition to expanding your property portfolio, or your first commercial property. 

KEY FEATURES:
•    Multi-tenanted investment opportunity
•    Freehold land area: 371m² 
•    Total floor area: 316m² (approx.) 
•    Exceptional location within Kawakawa’s vibrant CBD
•    High profile property with excellent road frontage on Kawakawa’s high street/SH1

For Sale 
Deadline Private Treaty + GST (if any) (Unless sold prior)
8 October 2026 at 4pm, 33 Kerikeri Road, Kerikeri - Barfoot & Thompson Branch

For more information or to view, contact us now!

Listing ID: 43126529

Prime industrial landholding with potential

Positioned within Alexandra's well-established industrial precinct, this impressive 1.2045ha (more or less) vacant industrial site presents a rare opportunity to secure a substantial landholding in a sought-after commercial location.

Offering excellent access, prominent frontage, and a level, versatile site, the property provides the perfect foundation for a wide range of industrial or commercial developments. Surrounded by established businesses and benefiting from convenient connectivity to key transport routes, this location is ideally suited to owner-occupiers, developers, investors, or businesses looking to establish a presence in Alexandra's thriving industrial hub.
Large industrial sites of this scale are becoming increasingly difficult to source, making this an exceptional opportunity to develop, invest, or landbank for the future.

Whether you're expanding your business, developing for investment, or securing a strategic industrial landholding, 21 Centago Crescent offers scale, location, and opportunity in one compelling package.
For sale by Deadline Private Treaty (unless sold prior), closing at 4.00pm on Wednesday 14 October 2026, at Bayelys Cromwell, 24 The Mall, Cromwell. Price is plus GST (if any).

Listing ID: 43126547

The Historic Waipapakauri Hotel

An Iconic Opportunity Awaits
Discover one of the last original country pubs in the heart of the Far North. Situated at 1108 State Highway 1, the Waipapakauri Hotel is a landmark business steeped in history and cherished by the local community. This is a rare opportunity for an energetic owner or investor to secure a versatile property with multiple revenue streams and significant development potential.

Property Highlights
Prime Location: High-profile position on State Highway 1, serving as the gateway to Cape Reinga and Ninety Mile Beach.
Expansive Site: A flat 9,105 square metre (more or less) section featuring ample parking for RVs and campers.
Sustainable Utilities: On-site bore and water tank, supplemented by solar panels to minimize energy costs.

Versatile Infrastructure & Amenities
Accommodation: 9 comfortable rooms with ensuites, a private 2-bedroom owner's residence, and additional cabins for workers or seasonal visitors.
Hospitality: Two historic bar areas featuring cosy fireplaces and a fully-provisioned commercial kitchen ready for high-volume service.
Entertainment: 8 on-site gaming machines providing consistent additional revenue, plus an external courtyard perfect for functions and live music.

Price: $950,000 plus GST (if any)

Step into a lifestyle envied by many in the beautiful Far North, renowned for its world-class fishing, diving, and pristine beaches. The Waipapakauri Hotel is not just a business; it's a site rich in heritage, once serving as an RNZAF base hospital during WWII.

Contact for Viewings
To arrange a private appointment or to learn more about this extraordinary offering, please contact:

Wayne Scott
Phone: 027 4983312
Email: wayne.scott@raywhite.com

Listing ID: 43128537

Premium land in a proven location

Offered to the market for sale, Lots 3, 4 and 5 at Commerce Place present an outstanding opportunity to secure premium freehold industrial land within one of Gisborne's fastest-growing commercial and industrial precincts. Available individually or in combination, these substantial sites provide the flexibility to accommodate a wide range of industrial and trade-based developments, making them an ideal proposition for owner-occupiers, developers and investors alike.

Lot 3 comprises 2,893sqm (more or less), Lot 4 offers 2,248sqm (more or less), and Lot 5 provides an expansive 4,304sqm (more or less), giving purchasers the opportunity to secure a site that best suits their current operational requirements while allowing room for future growth.

Positioned just minutes from Gisborne's CBD, Commerce Place enjoys direct access to State Highway 35, offering excellent connectivity to the wider region and convenient access to Gisborne Airport, the Port of Gisborne and the city's established industrial areas. This strategic location has become a preferred destination for businesses seeking efficient transport links and proximity to key infrastructure.

The surrounding business park is home to a growing number of established national and regional occupiers, including Southpac Trucks, ProTraffic and White Pointer Boats, reinforcing Commerce Place as one of Gisborne's premier industrial locations.

Boundary lines are indicative only.

Tender (unless sold prior)
4pm, 15 October 2026
Bayleys, 10 Reads Quay, Gisborne

Listing ID: 43128576

City fringe office with coastal views

Positioned within the established Commerce Place Business Park, 1 Commerce Place presents an excellent opportunity to secure a modern freehold office in one of Gisborne's most strategically located business precincts. Occupying an 831sqm (more or less) freehold site with approximately 200sqm of office accommodation over two levels, the property is ideally suited to businesses seeking a professional city fringe headquarters.

The elevated first-floor offices enjoy expansive views to Young Nick's Head, creating a workplace environment that is both functional and inspiring. The generous site also provides excellent accessibility and future flexibility.

Located just minutes from Gisborne's CBD, the property offers immediate access to State Highway 35 and is conveniently positioned near Gisborne Airport and the Port of Gisborne. Commerce Place is home to a growing number of established businesses, including Southpac Trucks, ProTraffic and White Pointer Boats, reinforcing its reputation as one of the city's premier commercial and industrial locations.

Whether you're looking to relocate from the CBD, establish your own headquarters or invest in a quality commercial asset, 1 Commerce Place represents a rare opportunity to secure a well-located freehold office with excellent connectivity and outstanding coastal views.

Boundary lines are indicative only

Tender (unless sold prior)
4pm, 15 October 2026
Bayleys, 10 Reads Quay, Gisborne

Listing ID: 43128810

Rare Vacant Possession Offering

An increasingly scarce opportunity to secure two vacant adjoining commercial units within the well-established Gorge Road Retail Centre. The property comprises approximately 220sqm of versatile floor area and includes four dedicated car parks. Zoned Business Mixed Use under the QLDC Proposed District Plan and with a high stud configuration, this is an opportunity providing flexibility for investors and business seeking a well-located commercial foothold in Queenstown.

Positioned on a key arterial route into Queenstown, this location enjoys excellent connectivity to the CBD and has a range of amenities within walking distance.

• Two adjoining commercial units comprising 220sqm (more or less).
• Generous car parking and high stud configuration.
• Provided with vacant possession.
• Close proximity to Queenstown CBD.

Opportunities to acquire commercial space in this development are rare, making this an attractive proposition for investors.

For further information or to arrange a viewing, get in touch with the listing agents, Sharee Aitken and Doug Reid.

Listing ID: 43128812

Affordable Queenstown Investment

Units 29 and 30 present an affordable investment opportunity within the well-established Gorge Road Retail Centre, comprising approximately 220sqm across two adjoining units. The property is currently leased to Freight It Queenstown Ltd, an established Pack & Send franchise with over 20 locations across New Zealand, returning $44,000 per annum plus outgoings and GST with the current term expiring 28 February 2027.

With four dedicated car parks, high stud height and zoned Business Mixed Use, a range of commercial uses are permissible. The current lease provides a secure profile and income security with renewal options extending to 2036, creating an attractive investment opportunity in one of Queenstown's most sought-after commercial markets.
Underpinning the long-term desirability of the property is its positioning on a key arterial route into Queenstown, this location enjoys excellent connectivity to the CBD and has a range of amenities within walking distance.

• Two adjoining commercial units comprising 220sqm (more or less)
• Generous car parking and high stud configuration.
• Leased at $44,000 per annum + Opex & GST to Freight It Queenstown Ltd with current term expiring 27 February 2027 with renewal options to 26 February 2036.
• Close Proximity to Queenstown CBD.

For further information or to arrange a viewing, get in touch with the listing agents, Sharee Aitken and Doug Reid.

Listing ID: 43129021

Rare Large-Scale Live/Work Opportunity

CBRE is pleased to present 2B Desi Place, Hillsborough for sale by Deadline Sale, with offers closing at 4:00pm on Thursday, 9 October 2026 (unless sold prior).

This substantial live/work industrial property offers a rare combination of quality residential accommodation, functional warehouse space, and extensive storage and garaging within one versatile holding. The well-configured layout provides flexibility for a wide range of owner-occupiers, investors, and businesses seeking the convenience of integrating living, storage, and operational requirements from a single location.

Live/work properties of this scale are rarely available in the Christchurch market. The property benefits from a full-height electric roller door, three-phase power, and generous off-street parking. Its adaptable configuration supports a variety of uses while delivering an appealing lifestyle proposition in a highly accessible location.

Positioned on a prominent corner site within the established Hillsborough industrial precinct, the property enjoys excellent connectivity to Ferry Road, SH76, Christchurch's ring road network, and the Southern Motorway. Its strategic location also provides convenient access to the Christchurch CBD and Lyttelton Port, further enhancing its appeal to owner-occupiers and investors alike.

Key features:
-Rare large-format live/work property
-Functional warehouse with full-height electric roller door
-Comfortable apartment with deck
-High-profile corner site
-Four off-street car parks
-Excellent access to the Christchurch CBD and Lyttelton Port

Property files: https://new.propertyfiles.co.nz/listing/283

For further information or to arrange an inspection, contact the sole listing agents, Jeremy Brown on 027 506 0430 or Max Wolvekamp on 027 771 2341.

Listing ID: 43133138

Versatile Te Aro Opportunity

As Exclusive Agents, CBRE New Zealand is proud to offer to the market 42 Webb Street, Te Aro, Wellington for sale by Private Treaty.

An excellent opportunity for both investor or owner occupier, 42 Webb Street comprises of a two-level building constructed in the 1950s, providing Ground Floor workshop, and First Floor residential accommodation which provides a five-bedroom apartment.

The freehold land parcel is 212sqm (more or less) with some 424sqm (approx.) net lettable area (NLA) currently generating a gross income of $112,600 per annum, making this an excellent proposition for an investor looking to secure a property with a diverse income stream in the sought-after Wellington location of Te Aro.

Investment highlights include:
– 5-bedroom apartment (228sqm) & Ground Floor workshop (195sqm)
– Land area: 212sqm
– Zoning: Central Area
– Building height limit: 27m
– Passing gross income: $112,600pa

42 Webb Street is being offered for sale by Private Treaty. CBRE strongly recommends your early consideration of this mixed-use investment opportunity and encourages interested parties to get in touch without delay.

Listing ID: 43133249

Industrial Investment on Three Titles

A rare opportunity to secure a consolidated industrial holding in the core of Cromwell's industrial precinct. 14, 16 & 18 Pinot Noir Drive comprises 5,130m² of freehold land across three separate titles, improved with 2,691m² of modern industrial buildings and fully leased to two established occupiers.

The investment carries a weighted average lease term of approximately 7.7 years. Wine Storage Solutions (2013) Ltd occupies four tenancies on 10-year leases running to 2033 and 2035, supported by bank guarantees, with Wholesale Seeds occupying the balance tenancy to 2028. All tenancies benefit from structured annual rent review mechanisms.

The property has been progressively developed under four building consents, with the most recent 778m² extension completed in 2025. Code Compliance Certificate issued and build warranties in place. A purchaser inherits near-new improvements with minimal near-term capital expenditure.

Held across three separate records of title, the property offers genuine flexibility whilst benefitting from direct frontage to Pinot Noir Drive with connectivity to McNulty Road and State Highway 6.

Investment Highlights:

• 5,130sqm freehold landholding across three titles
• 2,691sqm of modern industrial improvements
• Strong 7.7-year WALT providing secure income
• Established tenants with diversified income streams
• High-profile industrial position with excellent accessibility
• Strategic Central Otago location servicing the wider Southern Lakes region
• Rare large-scale industrial investment opportunity in a tightly held market

This property is offered For Sale by Deadline Private Treaty closing 4pm, 23 October 2026 (unless sold prior).

For further information, access to the data room, or to arrange an inspection, please contact the exclusive agents Tim Thomas or Rory O'Donnell.

Listing ID: 43133363

Residential development site. Consents in place.

An outstanding opportunity to secure a substantial residential development site in a very convenient New Plymouth location, with the initial work already done. Comprising approximately 2,733sqm (more or less) across three separate titles, the property is zoned Medium Density Residential and benefits from both resource consent and building consent approval for the construction of 19 two-bedroom townhouses. With dual street frontages to Devon Street West and Gaine Street, the site offers excellent accessibility and flexibility for development. This is an opportunity to bypass the lengthy consenting process, get moving sooner and reduce holding costs.

The location further strengthens the appeal, with the Coastal Walkway just 600 metres away and local amenities, including a Medical Centre and Elixir West Cafe, approximately 350 metres from the site. The nearest primary school is only 250 metres away, while New Plymouth's CBD is less than 1km from the property.

With scale, zoning, consents and location all working in its favour, this is a compelling opportunity for developers seeking a shovel ready residential project in New Plymouth. Contact us today for further information and to explore the development potential this site offers.

Listing ID: 43133525

ICONIC PONSONBY - MULTIPLE INCOMES / LOCK & LEAVE

Auction: 34 Shortland Street, Auckland City on Wednesday 21 October 2026 at 10:00AM (unless sold prior)

There is way more to this property than meets the eye...

Upon initial sighting from the street, what looks to be a standard two level heritage-style building with retail below and accommodation above gives way to a contemporary residential apartment complex built over four levels at the rear of the site.

The property is unique - in a good way. The retail location is absolute prime for Ponsonby Road. The apartments at the rear offer a standard, size, and living environment you would not expect to find in this location, although a full redecoration is due for all. These tenants are on periodic lease terms; however, the fact that two apartment tenants have been resident in excess of eight years speaks volumes for the living environment. The retail lease has a final expiry in November 2033, with the tenant already asking for extensions.

This property will suit investors, owner-occupiers, and those looking for a mixture of the above.

Inspections are only by arrangement.

KEY FEATURES:

• Fee simple and standalone property holding
• Land area 483m²
• Building area approximately 800m²
• On-site parking for six cars, four secure garaged parks
• Multi-income streams
• Three residential apartments
• Ponsonby Road prime retail frontage plus a separate upper floor commercial potential
• CV $4,850,000

Listing ID: 43133761

FREEHOLD CORNER ON THE GREAT NORTH ROAD RIDGE

Deadline sale: Closes on Thursday 29 October 2026 at 2:00PM (unless sold prior)

131–135 Great North Road and 5 Scanlan Street is a substantial Freehold corner landholding on the Great North Road ridge, one of Auckland's most tightly held city-fringe precincts.

The property sits at the heart of Auckland's premier automotive quarter, alongside showrooms for Aston Martin, Bentley, Lamborghini, McLaren, Porsche, and Audi. It has high-profile exposure to a major arterial, with the Central Motorway Junction and Northwestern Motorway minutes away. Positioned near the CBD, Ponsonby, Grey Lynn, and Herne Bay, the ridge's elevated north-facing outlook over the Waitemata Harbour has driven a continual cycle of apartment development along the corridor.

The 2,429m² site comprises five titles, with 28m of frontage to Great North Road and 71m to Scanlan Street. The land falls approximately seven metres to the north, allowing at-grade access from both streets on different levels. It is zoned Business – Mixed Use with a 27m height limit and falls within proposed Plan Change 120, which increases developable height to 50 metres.

The primary three-level building provides 3,006m² of net lettable area. An extensively glazed corner showroom, retail, and office accommodation face Great North Road. Below, high-stud showroom, workshop, warehouse space, roller-shutter loading, and basement parking are accessed at grade from Scanlan Street. The property is leased to three commercial tenants and one residential tenant, returning $482,640 per annum with one tenancy vacant. Flexible occupancy arrangements include early termination provisions within all tenancy agreements.

The holding will appeal to a range of buyers. Automotive operators can secure a flagship Great North Road dealership, with display, servicing, and vehicle storage under one roof. Developers can consider large-scale apartment or commercial schemes on a site with harbour outlook while collecting holding income. Investors can add value through repositioning.

KEY FEATURES:

• Prominent position in Auckland's premier automotive quarter, with minutes to the motorway network
• Prime Freehold corner site of 2,429m² across five titles, with dual street frontage
• Business – Mixed Use zoning with a 27m height limit, proposed to increase to 50m under Plan Change 120
• 3,006m² of net lettable area, including a glazed corner showroom, workshop, warehouse, and a residential dwelling
• Income of $482,640 per annum, with flexible occupancy options

Quality holdings of this scale and future options are rare. Contact now for further information.

Listing ID: 43133772

Position – Potential - Project

Deadline sale 16th October 2026 - Will not be sold prior.

Offers over $149,000.

Potential plus: Main Road commercial opportunity. 8 Ballance Street, Shannon is an opportunity for those who can unlock the potential of this prime location. Positioned on the main road through Shannon, this Commercially Zoned, A-Rated property offers a sizeable site with plenty of scope for someone prepared to put in the work.

Property features:

• 102m2 (approx.) commercial building
• 680m2 (approx.) section
• Commercial Zoned – A rated
• Prominent main-road position
• Front room and rear room
• Existing chiller — currently not working
• 3-phase power installed in the front two room
• Own driveway through to the rear yard
• Generous yard space
• Plenty of off-street parking
• Sold as is, where is

The opportunity: Make no mistake — this property requires significant maintenance and work. Bring the vision. Bring the tools. Unlock the potential. Opportunities like this don't come along every day.

To be ‘Sold as is, where is. Disclosures apply.

Listing ID: 43137771

Toyota-Leased Investment – Central Richmond

Bayleys Nelson is pleased to offer 10 & 12 McGlashen Avenue, Richmond, for sale by negotiation.

This property is home to Bowater Toyota Richmond, an established sales and service dealership on 1,882sqm of central Richmond land. It's fully leased on a long-term net lease, offering investors secure, passive income from a well-known brand in a prime location.

The property has approximately 750sqm of improvements, including a customer reception, workshop, wash bay and canopy. It was refurbished in 2019, rates at over 75% NBS and has solar panels already installed. A sealed yard provides 28 on-site car parks.

McGlashen Avenue is one of Richmond's main business routes, running between Queen Street and State Highway 6, within walking distance of Richmond Mall. The surrounding precinct is tightly held and occupied by national brands and established local operators.

The land is held across two separate freehold titles in the Central Business Zone, which allows a broad mix of retail, commercial and service uses. That gives the next owner flexibility to hold, re-lease or redevelop over the long term.

Contact Graeme Vining or Gill Ireland for more information or to arrange a viewing.

Listing ID: 43137839

Versatile workshop with profile and yard

14 Maces Road presents an excellent opportunity to secure a versatile industrial property in the established Bromley industrial precinct.

The property offers approximately 393sqm of high-stud warehouse and 206sqm of lower-stud workshop space, providing a practical layout for manufacturing, engineering, storage or trade-based operations. Access is supported by a large sliding door, while approximately 89sqm of office and amenities provides comfortable staff accommodation.

Generous yard areas at the front and rear offer valuable space for vehicle access, display or outdoor storage, with the added benefit of a rear garage. With good street profile, Industrial General zoning and a 67% NBS rating, the property will appeal to a broad range of owner-occupiers and investors.

Key features:

• Approximately 599sqm of warehouse and workshop
• Approximately 89sqm of office and amenities
• Large sliding-door access
• Yard areas at the front and rear
• Additional rear garage
• Good street profile
• Assessed at 67% NBS
• Zoned Industrial General
• Well suited to manufacturing, engineering, workshop or warehousing operations

Contact the sole agents for further information or to arrange a viewing.

For Property Files copy and paste the following link: https://www.propertyfiles.co.nz/5531854

Listing ID: 43138090

Rare Hornby Industrial Land

NAI Harcourts Grenadier are pleased to present 44 Canada Crescent, Hornby For Sale by Deadline.

This freehold parcel of Industrial Heavy zoned land in the heart of the Hornby South industrial hub features a strong cashflow return and is primed for future redevelopment.

Strategically located between major key arterials Shands Road, Halswell Junction Road and the Christchurch Southern Motorway, the 1,216 square metre site provides a regular shape and prominent north facing street frontage.

Returning an annual rental of $39,000 plus GST the property is currently leased to Hynds Pipe Systems Ltd on a fixed term lease expiring January 2030 with no further renewals available to the Tenant.

Developers, occupiers and strategic investors should all give this opportunity their genuine attention.

Deadline Sale Closes 4.00pm Thursday 29 October 2026 (unless sold prior).

For further information please contact Marc Findlay on 0274 92 9998 or marc.findlay@naiharcourts.co.nz or Craig Edwards on 0274 344 245 or craig.edwards@naiharcourts.co.nz

To download Property Files click the link below, register your details and you will be sent an email with the files to view and download. https://www.propertyfiles.co.nz/property/L42573704

Listing ID: 43138196

Rotorua's golden mile redevelopment opportunity

Positioned on the prominent corner of Fenton Street, Seddon Street, with two connecting titles on Malfroy Road, this exceptional landholding presents one of Rotorua's most significant redevelopment opportunities in recent years.

Occupying a high-profile location on Rotorua's renowned Golden Mile, this substantial multi-title offering spans approximately 6,596sqm (more or less) across six individual titles, providing outstanding flexibility for developers, investors, or owner-occupiers seeking a large-scale project.

With a combination of Entranceway Accommodation and High Density Residential zoning, the property offers exceptional potential to create a landmark mixed-use development (subject to all necessary approvals).

The landholding comprises:

• 265-269 Fenton Street – 1,619sqm and 809sqm (Entranceway Accommodation Zone)
• 3 Seddon Street – 1,012sqm (Entranceway Accommodation Zone)
• 5 Seddon Street – 1,012sqm (High Density Residential Zone)
• 10 Malfroy Road – 1,072sqm (High Density Residential Zone)
• 12 Malfroy Road – 1,072sqm (High Density Residential Zone), including an existing approximately 260sqm two-storey dwelling.

Strategically positioned with extensive frontage to three roads, the site enjoys exceptional exposure, easy accessibility and outstanding connectivity to Rotorua's CBD, Whakarewarewa, the city's tourism precinct and major arterial routes.

Opportunities of this scale, location and zoning flexibility are exceptionally rare. Whether your vision is accommodation, apartments, townhouses, mixed-use commercial, or a comprehensive master-planned development, this is a site worthy of serious consideration.

Secure your place on Rotorua's Golden Mile and unlock the potential of this exceptional development opportunity.

Listing ID: 43138755

Tenanted Industrial Investment | Alexandra

Positioned within Alexandra's industrial precinct, 33 Russell Street presents an opportunity to secure a tenanted industrial investment generating $48,000 per annum plus OPEX and GST. The property is leased to well-established local joinery manufacturer, Central Benchmakers, on a new three-year lease commencing 1 April 2026, providing investors with secure holding income from day one.

The property comprises a versatile industrial facility incorporating workshop, warehouse, showroom, office and staff facilities. Purpose-built for manufacturing operations, the building features high-stud workshop space, practical access, storage areas, prominent street-front showroom and generous yard/car parking. Located within one of Central Otago's industrial hubs for the growing region, this offering represents an affordable entry point into the commercial investment market.

Investment Highlights

• Established tenant - Central Benchmakers
• Net rental income of $48,000 p.a. + OPEX + GST
• New three-year lease commencing 1 April 2026
• Functional workshop, warehouse, showroom and office configuration
• Well-located within Alexandra's industrial precinct
• Affordable industrial investment opportunity
• Indicative yield of approximately 6.85% at the asking price

Asking Price: $700,000 plus GST (if any)

For further information or to arrange an inspection, contact the sole agents, Dean Collins and Anna Rawling.

Listing ID: 43138843

Secure the Biggest Stake in Brightwater's Growth

Offered to the market for the first time, 36-40 Ellis Street presents a substantial mixed-use investment generating income from 18 separate tenancies across a significant commercial precinct and ten modern apartments.

Set on 3119 sqm of land in the heart of Brightwater, the property delivers immediate cash flow, income diversification and a clear opportunity to further enhance returns through active asset management rather than capital spend.

Property Highlights:

• Brightwater's largest town-centre commercial footprint
• $486,700 p.a fully leased net income ($434,700 passing) from 18 diversified income streams
• No single tenant above 11% of income
• Ten modern two-bedroom apartments with consistently strong occupancy
• Clear pathway to yield growth with minimal capex
• Four freehold titles with unit title potential (subject to approvals)
• Extensive on-site parking, rare for a town-centre asset

The commercial precinct is anchored by established occupiers including NZ Post and HQ Cafe, and its flexible layout suits a wide range of tenants. Two vacant tenancies are ready to lease, giving a new owner an immediate opportunity to lift income.

The ten apartments continue to attract strong tenant demand, providing a reliable residential income stream alongside the commercial offering, with scope for rental growth over time.

With scale, immediate cashflow and income upside achievable through active management rather than capital spend, this is a rare opportunity to secure a significant investment in one of Tasman's fastest-growing communities.

For sale by buyer enquiry over $6,750,000 (+GST if any)

Viewing strictly by appointment - contact Brad Allam or Geoff Faulkner now to find out more.

*boundary lines are indicative | land and floor areas are approx. only 

More information: https://www.colliers.co.nz/p-NZL67042655