Commercial property for sale

Listing ID: 43018129

Prime Mixed-Use Investment | Add Value Opportunity

An exceptional opportunity to secure a centrally located mixed-use commercial property in the heart of Lower Hutt.
Positioned on bustling High Street, this freehold property combines immediate income potential with future development upside - a rare find in today's market.
Property Details:
• Land Area: 223m² (more or less)
• Total Floor Area: 440m² (approximately)
• Zoning: (To be confirmed)
• Tenure: Freehold
Downstairs:
• Established restaurant premises
• High street frontage
• Existing commercial kitchen fit-out
• Ready for continued hospitality use or lease
Upstairs:
• Vacant office space
• Generous floorplate
• Resource consent in place for conversion to 2 apartments (1x2br & 1x3br) (Currently Lapsed)

Investment Highlights:

• Dual-income potential
• Add-value residential conversion opportunity
• Central location with strong foot traffic
• Mixed-use flexibility
• Motivated vendors - retirement sale

Properties offering hospitality income plus residential upside in central Lower Hutt are tightly held and highly sought after.
Vendors are retiring and require a sale.
Enquire today for an Information Memorandum or to arrange a private inspection.

Listing ID: 43018166

Development‑ready commercial land, Warkworth

An opportunity to secure 4,535 sqm (more or less) of freehold commercial land within Warkworth’s established large‑format retail and commercial precinct, surrounded by proven national occupiers and existing infrastructure.

Offered with vacant possession, the site sits within a mature commercial environment and benefits from an efficient layout, allowing development to be progressed without the inefficiencies often associated with early‑stage or under-serviced landholdings.

Zoned Business – General Business, the property supports a broad range of commercial uses and provides for development up to 16.5 metres, subject to consent. The precinct is anchored by Pak’nSave Warkworth and Z Energy, supporting consistent activity and customer draw.

Located approximately 800 metres from the State Highway 1 motorway interchange, the site offers practical regional accessibility. Ongoing residential expansion and planned transport investment across the wider Warkworth catchment continue to reinforce demand for well‑located commercial land.

Listing ID: 43020364

One of NZ’s Best Country Pubs – Now It’s Your Turn

Opportunities like this are the stuff people talk about… but rarely get the chance to own.

Welcome to the Whakataki Hotel - an iconic country pub just minutes from the wild beauty of Castlepoint. This is where lifestyle, community, and income come together in a way that’s getting harder and harder to find.

Set on approximately 1 hectare, this well-loved destination has earned its place as one of New Zealand’s Top 5 Country Pubs (2025), drawing a loyal local following alongside a steady stream of holidaymakers, surfers, fishermen, and road-trippers.
It’s all here, ready to go:

•8-bedroom main hotel with guest lounge – the heart of the action
•6 cabins providing consistent accommodation income
•Caravan / motorhome sites tapping into the ever-growing holiday market
•A fully equipped commercial kitchen ready for service
•A secure fuel lease with North Fuels, supplying diesel to the wider community

Step outside and you’re just 400 metres from the beach and Castlepoint’s coastline and a golf course right next door. It’s the kind of location people escape to… and now you could call it your home, your investment or your place of work.

Run it your way:
Currently leased to a new operator which can be continued for the future and you can sit back and enjoy the returns or if you prefer, take the reins as an owner-operator and immerse yourself in the lifestyle. Either way, you’re stepping into a proven business with real heart.

This is a place where families can thrive, where retirees can slow things down without stopping completely, and where younger buyers can swap the daily grind for something far more rewarding.

Morning coffees by the sea. Busy summer evenings. A business that pays its way. A lifestyle that’s hard to beat. This isn’t just a property, it isn’t just a business - it’s a way of life.

Contact Ash Thomas 021 527 312 or ash.thomas@tremains.co.nz
Tenders close 28th May 2026 at Tremains Masterton (no prior sale)

Listing ID: 43027196

Premier A-Grade industrial investment

Modern, conventional, and well leased in the heart of Christchurch’s most highly-sought industrial park. This is an investment property not to be missed.

Designed and constructed by one of New Zealand’s preeminent development and construction companies, Calder Stewart, 20 Establishment Drive, Hornby Quadrant is highly specified and has been completed to very high standard. This must-see property features an impressive clear-span, 10m stud warehouse which is accessed via 3 roller doors leading out to the 13.20m wide and 49.10m long drive-through breezeway while the dual access points allow for full drive-around circulation. The well-appointed open-plan offices of 200sqm have excellent kitchen & staff amenity areas, and with 16 onsite car parks staff and customers can park at the front door.

The functional and conventional design of this property ensures maximum efficiency, and is a property that will forever be in occupier demand.

Leased to Drive Group on a 6 year lease the property will provide you with regular growth via the fixed rental increases, while the regular mid-term market reviews ensure your investment stays in check as the market moves forward. The Drive Group entities operate from over 20 sites across Australia and New Zealand.

As one of the highest quality investments to come to the market in recent memory, this is one not to miss so we encourage your early engagement to ensure you are ready on Auction day.

For sale by Auction: 10am, Thursday 14 May 2026 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.

Call the sole agents to request a site inspection. 

*Boundary lines are indicative only.

Features:

• Land area: 4,460 square metres
• Building area: 2,849 square metres
• Strong passing income
• High calibre tenant covenant
• Prime Hornby Quadrant location
• Drive around capability
• Fixed rental growth
• Trophy industrial asset

More information: https://www.colliers.co.nz/p-NZL67039548

Listing ID: 43027218

CBRE | Rare East Tamaki Opportunity

Live-in Industrial Unit

A unique opportunity to secure a functional, ready‑to‑use live‑in industrial unit in the heart of East Tāmaki. With extremely limited opportunities to acquire live‑in industrial units in this tightly held precinct, Unit 21, 14 Basalt Place offers a compelling blend of workspace versatility and modern residential amenity.

Key Features

• Two bedrooms, both with ensuites
• Outdoor lawn area plus first‑floor balcony, providing added flexibility and lifestyle appeal
• Two dedicated on‑site car parks
• Vacant possession — move in or occupy immediately
• 150sqm total floor area (approx.)

East Tāmaki remains one of Auckland’s most resilient industrial markets, underpinned by exceptionally low vacancy rates and sustained buyer demand. Live‑in industrial units of this calibre are rare, highly functional, and tightly held, appealing strongly to owner‑occupiers who are active in the market and willing to pay a premium for immediate usability with minimal leasing downtime.

Situated just minutes from key arterial routes, East Tāmaki offers excellent connectivity, a strong business presence, and long‑term investment fundamentals. This is a premier location for trades, small businesses, owner‑operators, or buyers seeking flexible live‑work accommodation.

For Sale via Price by Negotiation

For further details or to arrange a site viewing, please contact the SOLE agents.

Listing ID: 43027260

High profile retail location with holding yield

Positioned in the very heart of Thames’ established retail precinct, this high-profile main street property presents a rare opportunity to secure a tightly held asset with both immediate income and compelling future upside. Held by the same ownership for over 40 years, the property has long been home to the iconic Snowden’s Menswear store — a testament to the strength and consistency of this location.
Now offered to the market for the first time in decades, the property provides flexibility to suit a range of buyers, with options for continued income or a fresh start. The existing tenancy delivers a valuable 12-month holding income stream, offering purchasers the benefit of cashflow from day one while planning the next phase of the asset’s evolution.
Surrounded by proven national retailers including Noel Leeming and Farmers, the position speaks for itself — a cornerstone location within Thames’ retail landscape.
The approximately 300sqm(more or less) single-level building sits on a 506sqm(more or less) freehold site and is configured to accommodate two tenancies. One is currently occupied, while the second provides immediate leasing or owner-occupier potential — a true blank canvas for those looking to add value.
Adding further appeal, rear laneway access leads to on-site parking for up to six vehicles — a practical advantage in a busy town centre setting.
With current net income of $28,137pa plus GST and clear scope to enhance returns, this is an opportunity to secure a strategic retail holding with both character and potential. Whether you are an owner-operator seeking presence, or an investor with vision, this property offers the foundations for its next successful chapter.

Listing ID: 43027742

Established Artisan Tenant | Prime Otaki Position

Positioned at the northern gateway to Ōtaki’s evolving commercial precinct, 218 Main Highway presents a compelling freehold investment underpinned by a proven hospitality operator.

The property comprises a 154sqm (more or less) freehold site with a 130sqm (approx.) single-level building, fully leased to Blackhood Bakes Artisan Bakery, returning $35,000 + GST net per annum.

The Tenant has built a business that has quickly established itself as a local favourite since opening in November 2023 and holds a right of renewal through to 2029, providing income continuity while preserving longer-term flexibility.

The premises feature a quality, contemporary fit-out including polished concrete floors, exposed ceilings, and feature lighting, complemented by strong window and road frontage. Existing chiller infrastructure, grease trap, and upgraded services further enhance the asset’s adaptability.

A rear yard and storage garage add functional depth, while ongoing infrastructure upgrades along the main highway are driving renewed confidence and positioning the precinct for future growth.

A tightly held offering, combining instant income today, with genuine future potential for owner-occupiers and investors seeking a foothold in an improving location with renewed energy and focus.

For more information or to arrange a viewing contact:

Dean Anderson on 021 244 2931 dean.anderson@colliers.com or
Jo Stewart on 027 641 1680 jo.stewart@colliers.com

Please note all areas and values are approximate only.

Features:

• Fully leased freehold returning $35,000 + GST with renewal to 2029
• Modern 130sqm shop with strong road frontage
• Chiller infrastructure, grease trap, plus rear yard & garage
• Prime position in Ōtaki’s growing commercial precinct

More information: https://www.colliers.co.nz/p-NZL67039722

Listing ID: 43027990

Dual income investment in growth location

For sale by deadline closing 2pm, Thur 7 May 2026 (unless sold prior).

Opportunities like this are few and far between. Secure a smart investment with built-in income streams from fully tenanted residential and commercial tenancies, perfectly positioned in a rapidly developing area.

This modern, spacious three-bedroom family home is currently tenanted at $600 per week, providing reliable residential income from day one. Complementing this is a well-established commercial premises, leased to Cuba Street Bakehouse on a three-year term, returning $15,000 per annum plus GST plus 40% of rates and insurance– delivering peace of mind and minimal landlord responsibilities.

Located in close proximity to the North East Industrial Park and the soon-to-be-developed Inland Port, this property is ideally positioned to benefit from ongoing growth and increased demand. With easy access to both Feilding and Palmerston North, convenience and connectivity are key features of this strategic location.
This dual income property offers a compelling opportunity to minimise risk while maximising returns.

Key Features:

• Residential periodic tenancy of $600 per week or $31,200 pa incl GST
• Commercial tenancy with established business on a 3-year lease - $15,000 pa + GST + 40% rates and insurance (enquire for lease terms)
• High-growth location near major infrastructure projects
• Dual income stream for reduced investment risk
• Excellent access to Feilding and Palmerston North

Whether you're an investor seeking diversification or a savvy buyer looking for strong returns in a growth area, this property ticks all the boxes. Enquire today to secure this rare opportunity.

Listing ID: 43031436

Church, Community Centre or Development

FOR SALE by Auction 12.00pm 21 May 2026 (in rooms) NAI Harcourts Takapuna (unless sold prior).

Discover a unique opportunity to acquire a standalone property comprising approximately 905sqm building set on a portion of a prime corner site landholding of approximately 2,409sqm (more or less), featuring over 30+ on-site car parks. This property is spread across three freehold titles, offering versatile development potential or utilising its existing format.

The building features a welcoming entry foyer, a spacious auditorium with high ceilings, a dedicated staff or family breakout area, extensive kitchen layout, a children's care area, multiple offices, and well-appointed amenities, shower, all designed to support a versatile range of activities and functions.

Located close to the vibrant Howick retail village, the site is conveniently close to shops, services, and local amenities, making it highly accessible and appealing.

With its mixed-use zoning, the site offers flexible options, including commercial, retail, office, or certain residential developments, subject to planning and consent approval. Currently configured as a church/community centre, it presents an excellent opportunity for community-focused uses. Or because of its combined larger land size and corner site with dual access, it could also be an attractive option for investors and developers alike.

Key Features:

• Outstanding site on the corner of Wellington Street and Waterloo Street
• Suitable for community use in its current configuration
• Comprising three freehold titles, land area totaling approximately 2,409sqm
• Purpose built Church and Community Centre building spanning approximately 905sqm
• Over 30 on-site car parks plus ample street parking
• Prime corner location with dual street access
• Zoned for mixed-use development, encouraging significant redevelopment opportunities
• An ideal turnkey property for a church or other community initiatives

Phone bidding:
Remote bidding is available to you if you are unable or prefer not to be in the auction room. Minimal conditions apply.

For more information and an appointment to view this property, please contact the sole agents at NAI Harcourts Cooper & Co today.

Listing ID: 43032203

Occupy or Redevelop on Rangitikei

Colliers is pleased to present for sale 430-432 Rangitikei Street, Palmerston North, an affordable, well-positioned industrial investment opportunity.

This substantial property comprises approximately 1,450 sqm of building area, prominently located on Rangitikei Street (SH3). The building is positioned to the front and centre of the site, supported by seven customer car parks at the frontage and an additional 450 sqm of secure yard space.

A standout is the property’s rare dual access, with entry from Rangitikei Street (SH3) and rear access to the secure yard via Darren Lane.

The current tenant occupies the premises on a month-by-month arrangement, providing holding income alongside flexibility for future occupation or redevelopment.

Surplus to the vendor’s requirements, this offering represents a genuine opportunity for owner-occupiers or developers to secure a versatile asset in a strategic location.

The property is available For Sale by Deadline closing Wednesday 6 May 2026 at 3pm (will not be sold prior).

All enquiries and arrangements to undertake inspections to be directed to the sole agents.

(Note: All measurements, specifications and boundary lines are approximate only).

Features:

• Floor area 1,450sqm
• Land area 1,813sqm
• Fringe Business zoning
• Seismic status 55% NBS (IEP report prepared for the PNCC, dated 16 December 2015)

More information: https://www.colliers.co.nz/p-NZL67039851

Listing ID: 43032227

Four titles with split-risk income and upside

Key features:

• Four (4) unit industrial complex with four (4) titles offered as one
• Split-risk income returning $114,574pa + GST upside from vacant units
• Business - Light Industry zoning in a high-growth Drury location near State Highway
• Motivated vendor with clear instruction to sell

Positioned within the rapidly growing Drury industrial precinct, this multi-unit industrial complex comprises four north-facing units on individual titles, offered together as a single holding. The property provides a combination of income and flexibility, with two units currently tenanted and two vacant, allowing for both immediate holding income and future leasing or owner-occupier upside.

Each unit is configured for functional industrial use, featuring clear-span warehouse space and roller door access, complemented by associated yard areas and onsite car parking. The total net lettable area is approximately 970.5sqm.

The site spans 6,710sqm (more or less), with good circulation for vehicles and equipment, although a portion of the land is impacted by the adjacent stream. The property is well suited to a range of buyers including investors seeking split-risk income, add-value buyers looking to lease the vacant units, or occupiers wanting to secure a foothold in a high-growth location.

Listing ID: 43032523

Prime multi-tenanted town centre asset

Key features:

• Occupancy: Diversified income from eight (8) tenancies across healthcare, retail, and service sector — full market potential of net $562,057pa + GST
• Zoning: Prime Town Centre zoned freehold with 18-metre height limit, strong pedestrian flow, and excellent Southern Motorway access
• Seismic (NBS rating): 71% NBS seismic rating (Grade B) with no immediate upgrade requirements
• Floor area details: Boasts 2,034sqm (approximately) of multi-tenanted retail and healthcare

Anchored by a newly secured lease to South Seas Healthcare Trust, this opportunity delivers a powerful and diversified income profile that immediately positions it as a high-quality commercial investment.

South Seas contributes $253,496pa + GST on a ten (10) + five (5) year structure, providing long-term covenant strength from a trusted Pasifika healthcare provider with deep community ties to the Otara catchment. Complementing the anchor tenant are seven (7) established operators, including a laundromat, dental, beauty, retail and financial services — creating a balanced, split-risk income stream of net $478,734pa + GST, with full market potential of net $562,057pa + GST.

Boasting 2,034sqm (approximately) of multi-tenanted retail and healthcare on a 1,737sqm (more or less) freehold site in the heart of Otara Town Centre, the asset benefits from one of South Auckland's highest-density catchments and consistent weekly foot traffic generated by the renowned Otara Markets. The scale, stability, and future growth opportunities present a rare chance to secure a proven income-generating asset in one of South Auckland's most active and evolving commercial precincts.

Listing ID: 43032568

Multi-Tenanted Kāpiti Investment

Positioned in the heart of Kāpiti’s retail 'Coastlands' precinct, opportunities like this are tightly held – and seldom released.

Set on 324sqm of freehold land, this substantial two-level building (approx. 526sqm) is fully leased to three established tenants – BFT Kāpiti, Victory Massage, and Kokoro Sushi Bar – delivering a steady net income of $114,878 + GST per annum from day one.

Underpinning the investment is a favourable 70% NBS rating (2025 IEP Report by Steven Young & Associates), giving buyers added confidence in a market where fundamentals matter.

With lease expiries staggered through to 2040, this is a well-balanced, multi-tenanted asset, offering diversified income and resilience in a high-demand retail environment.

Location is everything – and this delivers in spades. Directly opposite the entrance to Coastlands Shopping Centre and surrounded by national brands including Woolworths, ASB Bank, and Kiwibank, the property benefits from exceptional exposure, strong foot traffic, and seamless connectivity to rail, bus routes, and the Kāpiti Expressway.

Zoned Metropolitan Centre, the site also presents compelling future upside, with development potential of up to 12 storeys (subject to consent) – landbank for future development with investment income to enjoy. 

Rare in availability and proven in performance – act decisively!

For more information or to arrange a viewing contact:

Jo Stewart on 027 641 1680 jo.stewart@colliers.com or

Dean Anderson on 021 244 2931 dean.anderson@colliers.com 
 

Please note all areas and values are approximate only.

Features:

• Prime location opposite Coastlands entrance with high foot traffic
• Fully Leased - Three established tenants, diversified income
• Strong Returns - $114,878 + GST net income
• 70% NBS – Seismic confidence
• Future Upside – Metropolitan Centre zoning, development potential

More information: https://www.colliers.co.nz/p-NZL67039836

Listing ID: 43035913

A Legacy Opportunity in the Heart of Greytown

Welcome to Turkey Red - 53 Main Street, one of Greytown's most iconic and recognisable heritage buildings, proudly positioned in the centre of the town's vibrant shopping, café and restaurant precinct. Rich in history and presence, this landmark property presents a truly rare chance to create something extraordinary.

Please note this is a fire damaged property.
Set on a substantial 2,333m² site, the offering includes the original circa 1870 building (approximately 490m² across two levels) - a space brimming with character and potential.
The Opportunity
Already in place is an approved Resource Consent, with plans available to:
• Convert the main building into two premium retail/commercial spaces
• Develop four high-end townhouses at the rear
This is a ready-made blueprint for a landmark development - blending heritage charm with modern design in a location that consistently attracts both locals and visitors from Wellington and beyond.

Why This Matters
Greytown is one of the Wairarapa's most desirable destinations - known for its boutique retail, celebrated hospitality scene, and strong tourism appeal. A project of this calibre, in this location, has the potential to become a cornerstone of the town's future.
Whether you envision boutique retail, hospitality excellence, or premium residential living - Turkey Red offers the canvas to create a legacy. Opportunities like this don't just come along - they define generations.

Iconic. Historic. Unrepeatable.

Interest will be significant - and rightly so.

Contact Rachel 021 488 280 or Mike 021 166 3010 today for further information and to secure this extraordinary opportunity.

Listing ID: 43036258

Cromwell Industrial Corner Site

A compelling opportunity to secure a well-located, income-'producing freehold industrial property within Cromwell's tightly held industrial precinct.

1-3 Nancy Place comprises two adjoining freehold industrial titles with a combined land area of approximately 1,779sqm, improved by an approximately 250sqm clear-span warehouse and a large, secure yard with dual access from both Nancy Place and Hughes Crescent. The property is efficiently configured, offering vehicle circulation and functionality for a wide range of industrial, trade, and service occupiers.

Leased to TDX Limited, the property delivers immediate cashflow and represents a secure, income-producing investment underpinned by strong occupier demand. Cromwell continues to strengthen its position as the service hub for Central Otago and the wider Lakes District, supporting resilient industrial fundamentals and positive long-term growth prospects.

Key Highlights

• Income-producing industrial asset returning $61,500 p.a. + GST
• Two adjoining freehold titles totalling approximately 1,779sqm
• Expiring Lease - October 2026
• Approx. 250sqm clear-span warehouse with functional yard
• Dual access from two street frontages
• Tightly held precinct with limited availability of established industrial assets

The property is offered For Sale by Deadline Private Treaty, closing 4pm Friday 15 May 2026 (unless sold prior).

For further information or to arrange an inspection, please contact the exclusive agents James Valentine or Alex Tutty.

Listing ID: 43039949

IMMACULATE WAREHOUSE ON FELTON

Deadline sale: Closes on Wednesday 27 May 2026 at 12:00PM (unless sold prior)

SOLE AGENCY

Barfoot & Thompson Commercial is pleased to exclusively present 124D Felton Mathew Ave, St Johns.

This well presented industrial unit offers a refurbished 245m² industrial building in the tightly held St Johns precinct.

Available with vacant possession, the property features a new roller door, new lighting, epoxy flooring, three-phase power, and four exclusive car parks. With a north-facing aspect, Mixed Use zoning, and a low-maintenance profile, this is an ideal opportunity for owner-occupiers and investors alike.

KEY FEATURES:

• 245m² industrial building
• Vacant possession
• Refurbished throughout
• New roller door
• New lighting
• Epoxy floor
• Three-phase power
• Four car parks
• North facing unit
• Mixed-use zoning
• Low maintenance asset
• Stud height 3 metres low and 4.2 metres with the extended roof

Opportunities to secure a pristine unit like this on Felton Mathew Avenue are exceptionally rare. Contact the sole agent today to register your interest.

*All floor areas are approximate.

Listing ID: 43041427

Strong Lease Term - Rare Investment Opportunity

NAI Harcourts Grenadier are proud to present to market, a rare investment opportunity in the vibrant and tightly held commercial retail heart of Papanui. Situated on busy Langdons Road, directly opposite one of Christchurch's major malls, Northlands Shopping Centre, this corner profile property is home to popular Cambodian cuisine restaurant, Khmer.

A tasteful fitout welcomes customers to a relaxed open plan ground floor dining experience 7 days per week, with commercial kitchen facilities on site providing fresh and varied dishes. Amenities on both ground and mezzanine level, including generous storage spaces, complete the properties 194sqm lettable floor area.

Providing a strong rental income and secure long lease tenure, investment opportunities in this desirable location seldom present. Daily passing traffic of over 13,000 vehicles per day and surrounding national brand tenants, further underpin value in this compelling investment prospect and proven performing suburb, less than 6km from the CBD.

Key Investment Highlights:

• 10 year lease to Khmer Cambodian Cuisine restaurant (over 8 years remaining plus ROR's)
• $90,000 net rental income per annum
• Corner profile position opposite Northlands Shopping Centre
• 2 on site carparks
• Over 67% Structural NBS (2015 Structural IEP)

With our Vendor advancing a new business venture into its next key growth phase, motivation to see this property sold on or before Auction day is assured.
Don't delay, register your interest today with Sole agents Dave Calder or Casey Laulala to receive further information and to arrange your viewing.

To be sold by Auction from 11am, 4 June 2026 (unless sold prior) at Harcourts Grenadier, 98 Moorhouse Avenue, Christchurch

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/L40229187

Listing ID: 43041494

CBD retail investment with diversified income

• Returning $193,000 per annum plus GST and outgoings from three established tenants
• Freehold 933sqm (more or less) site with approximately 733sqm of total building area
• Premium Tutanekai Street position alongside Te Manawa, the heart of the city
• Anchored by Macpac, with Toyworld and KV Tech completing a proven tenant mix

Positioned within one of Rotorua’s most sought-after retail blocks, this well-presented investment occupies a premium location on Tutanekai Street, surrounded by A-grade neighbouring tenants and directly alongside Te Manawa, the heart of the city.

The property is fully leased to Toyworld, Macpac and KV Tech, delivering a strong and diversified income stream. Macpac anchors the asset as a recognised international brand, complemented by Toyworld, a well-established national retailer, and KV Tech within the growing technology sector, providing a balanced and resilient tenant mix.

Benefiting from consistent pedestrian and vehicle traffic, the property enjoys excellent exposure and accessibility within this vibrant retail precinct. Its position among quality neighbouring occupiers further reinforces its long-term appeal to both tenants and investors.

Set on a 933sqm (more or less) freehold site, with approximately 733sqm of building area, this is an opportunity to secure a substantial landholding in a tightly held central location, combining reliable income today with future upside potential.

Property Files Link: http://propertyfiles.co.nz/5530402

Listing ID: 43041585

ROBUST INCOME, STRATEGIC LANDHOLDINGS

For sale by Expressions of Interest closing 2:00pm, Wednesday 3 June 2026 (unless sold prior).

Positioned adjacent to the Ellerslie train station and 150 metres from Ellerslie town centre, this income-yielding strategic landholding is perfectly placed to benefit from Auckland's ongoing urban growth and transit-oriented development.

A combined 1,599m² landholding, featuring favourable Business - Mixed Use zoning and underpinned by Ellerslie's locational attractiveness and a robust residential market, positions this property strongly for future high-density intensification.

19 and 21 Kalmia Street represent the lessor's interest in two strategically located titles, providing secure, low-maintenance ground lease income from established tenants with incomes of $65,650 and $65,910. These interests offer passive investment with five-yearly reviews fixed to 6.5% of the Freehold land value, ensuring the income stream keeps pace with land appreciation.

23 Kalmia Street is an 805m² Freehold landholding to the north with a 452m² building and six car parks, generating immediate income. A redevelopment clause within the lease offers flexibility to unlock the site’s development potential.

The properties are offered together or separately, to suit buyers focused on reliable passive income and rental growth prospects or its intensification potential. This is a standout opportunity to secure a substantial footprint in one of Auckland’s most connected growth corridors.

KEY FEATURES:

• Strategic 1,599m² combined site across three titles
• Unrivalled transit-oriented connectivity, located adjacent to Ellerslie train station and bus stops
• Income from $65,650 to $304,011 for the combined offering
• Favourable Business - Mixed Use zoning with a proposed 34.5m height limit under PC120
• Mixture of lessor's interests and Freehold title providing both passive income and development flexibility
• Options to buy one or more properties individually or in any combination

Listing ID: 43041697

Flexible and Modern Industrial Unit in Sockburn

CBRE is pleased to offer 5/19 William Lewis Drive, Sockburn to the market for sale or lease.

This A grade industrial warehouse is centrally located and will suit a range of uses.

With future leases flexible on occupation dates, this space is air-conditioned and thoughtfully divided over general-use warehousing, open plan and partitioned offices, and a break room.

The property’s electrical bill is subsidised with a functional solar power unit that heats its full-size hot water cylinder, providing significant outgoing savings.

Key Features:

- Warehouse: 47sqm
- Low-stud warehouse: 114sqm
- Ground floor office: 45sqm
- First floor office: 124sqm
- Mezzanine: 34sqm
- Car parks: 4
- Full-height electric roller door
- 3 phase power

All areas are estimated only and are non-verified, tenants must make their own enquiries and seek expert advice.

Contact the listing agents Max Wolvekamp 027 771 2341 or Jeremy Brown 027 506 0430 for further details or to arrange an inspection.