Commercial property for sale

Listing ID: 43076098

High-exposure asset, invest or occupy

Positioned within the established Springlands commercial precinct, 7 Boyce Street presents a rare opportunity to secure a standalone commercial property in a highly accessible and well-connected location. Offering excellent visibility and flexible Industrial 1 zoning, this property will appeal to owner-occupiers, investors, and businesses seeking a new strategic base.

Occupying a 233sqm freehold site with a well-presented 117sqm building, the property enjoys prominent frontage to Boyce Street, ensuring strong exposure to passing traffic and excellent signage opportunities. Adding further convenience is secondary access via Lakings Road through a right-of-way, providing practical entry and exit options for staff and deliveries.

The property has most recently operated as a retail premises and offers a versatile layout suitable for a range of commercial, retail, trade, service, showroom, or light industrial uses, subject to purchaser requirements. Available from 7 July 2026, this versatile property presents an outstanding opportunity for a variety of business operations. Having previously operated as a commercial kitchen, the premises offer potential for food-related enterprises while also accommodating office, retail, trade, warehousing, and light industrial uses within the Industrial 1 zoning.

A significant advantage of the property is the abundance of onsite and nearby parking. Customers and staff benefit from generous parking directly in front of the premises, complemented by additional parking available within the surrounding retail complex. Located approximately 2.5 kilometres from Blenheim's CBD and offering easy access to State Highway 6, the property provides excellent connectivity to the wider Marlborough region.

Opportunities to acquire standalone commercial properties in this sought-after Springlands location are seldom available. Contact Michael Ryan and Wade Cornelius to secure this versatile property has to offer.

Listing ID: 43078866

Brand New KFC on 10-year lease

• Brand new retail investment with new ten-year lease to Restaurant Brands
• Returning $140,000pa + GST with fixed growth throughout the lease
• High-profile location on strategic thoroughfare
• A tasty investment for the bottom drawer

A brand-new hands-off investment that ticks all the boxes. Currently under construction and due for completion in September 2026, the property comprises a dine in and drive through KFC and will benefit from a new 10-year lease to Restaurant Brands, returning $140,000 pa + GST with fixed growth throughout the lease.

The property is located on a high-profile position on a main thoroughfare, linking Hastings CBD and Havelock North, well suited to take advantage of traffic flows throughout the day and the established surrounding residential catchment.

A true hands-off investment with a strong tenant covenant. Call now for further information.

Listing ID: 43078868

Twice as nice – 10 Year Lease to Restaurant Brands

• Brand new retail investment property - Combination KFC and Taco Bell
• New 10-year lease to Restaurant Brands returning $330,000 pa + GST
• High profile 1,849sqm site zoned Business – Mixed Use
• Proven location and surrounded by established residential catchment
• Hands-off investment with unbeatable tenant covenant

A brand-new hands-off investment in a strategic and established location. Comprising a high-profile combination KFC dine in and drive through Taco Bell restaurant on a main thoroughfare, the property benefits from a new ten-year lease to Restaurant Brands, with fixed rental growth throughout the lease.

Underpinned by a high-profile 1,849sqm (more or less) freehold land holding zoned Business – Mixed Use, the site is positioned on a main thoroughfare, offering excellent exposure to traffic movements throughout the day.

Brand new investments of this calibre seldom become available to the market, particularly in such strategic locations. Don’t miss this one.

Listing ID: 43079744

Home to 'Probably the Best Bar in the World'

Many people – I think – like the idea of having a bar but not having to run it.

Well, here’s an opportunity to own a building with a bar in it.

Number 7 Ngapara Street, Alexandra, is now on the market.

The 1980’s built 280 sqm concrete block and corrugated iron building has been extensively renovated to a high standard and is currently home to ‘Sam’s Bar’.

The bar owners have just renewed their lease for another two years, with three rights of renewal through to 2032.

There is also extra space for a second tenant, which would increase what is already a good return.

The appealing building sits on a 516 sqm site in a good location.

This one should be as popular as the beer they pour, so you might want to move quick.

Listing ID: 43079959

Own & Occupy - Corner Profile Industrial

An opportunity to secure a tidy, well-presented, corner profile, industrial building on 834m2* of 'Industrial General' zoned land.

Handily located on the corner of busy Maces Road and Expo Place this industrial building consists of a warehouse of 280.87m2* and offices and showroom with amenities of 279.94m2*over 2 levels. Total building area 560.81m2*.

The property is advantaged by; being on its own freehold title (so no body corp hassles here), has been strengthened to 68% NBS, extensively refurbished, has a new roof (replaced 18* months ago), high-roller door vehicle entry to the warehouse, 3-phase power, a fully fenced yard and 6 onsite carparks.

Added extras include, TVT external camera system, security alarm, fire alarm system and heatpumps on both levels.

The strategic location close to the ring road system makes this property easily accessible to the Port of Lyttleton, main arterial routes to and around the city, making this an ideal location to be able to service the city from.
(* approx.)

Call sole agent Paula Raine 027 221 4997 for an information pack and to arrange your viewing.

Deadline Sale closing 4pm Wednesday 29th July 2026 at RWC Christchurch, Level 2, 76 Hereford Street, Christchurch (unless sold prior)

https://rwcchristchurch.co.nz/

Listing ID: 43080193

UNIQUE WAREHOUSE WITH RESIDENTIAL COMPONENT

Deadline sale: Closes on Thursday 6 August 2026 at 12:00PM (unless sold prior)

Barfoot & Thompson Commercial are pleased to present 1/153 Hepburn Road, Glendene, to the market.

Opportunities like this are few and far between. Positioned within a sought-after industrial precinct, this substantial 420m² property presents a rare opportunity to secure a highly versatile asset in a tightly held Heavy Industry zone.

Combining functional warehouse space with a residential component, it offers a flexible live/work configuration. Whether you're a tradesperson, contractor, importer, manufacturer, or investor, the ability to operate your business and occupy on-site is increasingly hard to find.

The warehouse component is designed for practicality and efficiency, offering excellent access, storage capability, and ample space for vehicles, equipment, and day-to-day operations. Complementing this is the residential component, providing the convenience of a true work-from-home lifestyle without compromise.

The residential accommodation has been thoughtfully appointed to provide comfortable modern living, featuring multiple bedrooms, a full bathroom plus an additional separate toilet, a dedicated study/office area on the landing, quality modern appliances, and two heat pumps. There is LED lighting throughout both the warehouse and living areas, creating a practical space equally suited to business and lifestyle.

With approximately eight on-site parking spaces, easy vehicle manoeuvring, and excellent connectivity to major transport routes, this property delivers the functionality businesses need alongside the flexibility owners desire. A rare combination of scale, zoning, and versatility, this is a unique opportunity to secure a property that stands apart from the rest.

KEY FEATURES:

• Building of 420m² (more or less) plus bonus mezzanine
• Allocated eight car parks (per title)
• Three-phase power
• High-stud of approximately 6+ metres
• Large electric roller door access
• Heavy Industry zoning
• New roof
• Full amenities and live/work facility
• One of four units in the block

Please contact the listing agents for further details or to arrange an inspection.

Listing ID: 43083901

Premium Fully-Leased Office Investment

Positioned in the heart of Palmerston North’s central business district, 328 Church Street presents an outstanding opportunity to acquire a high-quality office investment underpinned by a diverse and established tenant profile. This modern commercial property is fully leased to a mix of Government, national, and local organisations, providing investors with a strong and resilient income stream from a well-located asset.

Occupying a substantial 2,484sqm landholding and offering 1,427sqm of office accommodation, the property is strategically located within easy walking distance of The Square and the city’s key amenities. The building is tenanted by respected organisations including the New Zealand Nurses Organisation, Oranga Tamariki, Spark Business Hub and PAK Design, delivering a diversified tenancy mix with proven covenant strength.

The property benefits from 27 on-site car parks, an increasingly valuable feature within the city centre, enhancing convenience for tenants and supporting long-term occupancy. Investors will also take confidence from the building’s seismic performance, reported at between 70% and 100% of New Building Standard, together with its modern presentation and established leasing profile.

Returning an estimated net rental of approximately $456,558 per annum, this is a compelling passive investment opportunity offering secure cashflow from a fully occupied commercial asset in one of Palmerston North’s most sought-after office precincts.

A rare opportunity to secure a premium commercial investment with strong fundamentals, diversified income and long-term appeal in the Palmerston North office market.

The property is available For Sale by Deadline closing Monday 10 August 2026 at 3pm (unless sold prior).

Contact the Colliers team today for further information or to inspect the property.

(Note: All measurements and specifications are approximate. Boundary lines indicative only).

Features:

• Fully tenanted multi-level office investment
• Diverse tenant profile
• Land area of 2,484 sqm
• Floor area of 1,427 sqm
• 27 on-site car parks
• Seismic status between 70% and 100% NBS (seismic review letter by Duckett Architecture dated 11 February 2020)

More information: https://www.colliers.co.nz/p-NZL67041184

Listing ID: 43083913

Prime Freehold Motel Investment - Garden Motel

Garden Motel presents an outstanding investment opportunity to secure the freehold of this well-established Motel, superbly positioned on sought-after George Street in the heart of Dunedin.

Set on a prominent site within easy access to Dunedin's CBD, University, hospital, cafes and restaurants, the property features an excellent mix of 16 units from studios to two bedrooms and a sizeable 3-4 bedroom manager's home with spacious living areas and a private courtyard, the home also has the benefit of a separate title.

It is no surprise that current buyer demand for Motel freeholds and leases is so strong, as according to Stats NZ early 2026 data, 2025 visitor numbers topped 3.5 million for the first time since the Covid-19 pandemic, and with Dunedin outperforming the national average for guest nights, combined with Garden Motel's high occupancy rates this presents the prime time for investment in this quality property.

Key Features:

• Prime George Street location
• Established and reputable Motel
• Well-maintained Motel units and facilities
• Great sized managers home on separate title
• Excellent exposure and accessibility
• Close to CBD, great restaurants, botanical gardens, university and hospital
• Further opportunity to purchase the business separately
• Strong investment opportunity

Garden Motel delivers location, income, and long term potential, with opportunities of this calibre in central Dunedin rarely available and with buyer demand so strong a savvy investor will want to act now.

$2,795,00 plus GST (if any)

Don't miss this serious investment opportunity, call today to view!

Listing ID: 43083956

Titled Sections For Sale - Otago Business Park

21-25 Enterprise Place presents a compelling opportunity to secure premium industrial land holdings within the tightly held and rapidly expanding North Taieri industrial area. Comprising three titled sections totaling 6,012m² (more or less), the sites represent some of the only industrial sites available for purchase on the open market in both the Otago Business Park and the wider North Taieri industrial market.

The sites are positioned within a well-established and thriving industrial precinct. The North Taieri location has proven to be a highly desirable location for a range of businesses. Current businesses within the Otago Business Park include Bremca, SAF, Hope & Sons, Otago Regional Council, Tyremax, Otago Commercial Wholesale (under construction), Telfer Electrical, and Brightr, reinforcing the strength and appeal of this industrial hub.

Each site comprises 2,004m² (more or less), with titles issued and services already in place, allowing for immediate development or occupation. The flexibility to acquire one or multiple lots offers purchasers the ability to tailor their investment, whether for owner-occupation, design-build development, or land banking for future expansion.

Highlights:

• Flexible acquisition options - purchase one, two or all three titles
• Located within the rapidly expanding North Taieri industrial precinct
• Serviced, development-ready sites with titles issued
• Limited industrial land supply within North Taieri and broader Dunedin market

For sale at an asking price of $2,300,000 plus GST (if any).

Contact the nominated broker for more information.

Listing ID: 43084130

Big Building, Big Land, Long Lease

Colliers is proud to present this substantial industrial property in the Tauriko Business Estate, returning $849,000 per annum plus GST on a long lease.

The property is leased to Steelworks NZ Ltd, a well-known local structural steel fabricator that has been involved in major projects throughout town and across the upper North Island. The company recently moved into this facility to streamline operations and give the business room to grow.

Steelworks have subleased part of the property to Kiwi Bus Builders, who are well established on the site and also occupy the neighbouring property. 

The lease runs for 11 years from 2024 at market rent, with fixed 2.5% annual increases and regular market reviews.

The 5,084m² building is a versatile high-stud, well-built fabrication and distribution warehouse with 5 gantry cranes, offices and staff facilities. It's a generic, functional design that suits a wide range of industrial tenants.

The building sits on around 10,000m² of concreted, low maintenance yard, a large landholding in an area where industrial land is increasingly hard to find. The land and building value sits behind the income and supports long-term growth.

Tauriko is one of Tauranga's strongest industrial areas, well connected, via major arterials and close to Tauranga Crossing.

Contact Rob or Rich for more information or to arrange a viewing today.

Features:

• Current rental $849,000 + GST & OPEX
• Long 11-year lease from 2024 + ROR & 2.5% annual growth
• Established steel fabricator
• Versatile 5,084m² building with 5 Gantry Cranes
• Approx net 10,000m² land area fully concreted
• Stage 1 Tauriko Business estate close to Tauranga Crossing
• Functional staff and office facilities

More information: https://www.colliers.co.nz/p-NZL67040964

Listing ID: 43084209

Standalone Commercial Opportunity - Freehold!

***Please contact Jane Fennell to arrange a viewing at your convenience***

Positioned on a freehold 210m² site with excellent road frontage, this versatile standalone commercial premises of approximately 105m² enjoys a prominent location in the sought-after suburb of Avonhead, overlooking the busy Burnside Park.

Having most recently operated as a hair salon and previously a veterinary clinic, the property is well suited to a wide variety of professional and service-based businesses (as per 2017 council consent).

Potential uses include:
• Beauty therapy or cosmetic clinic
• Massage or physiotherapy practice
• Tattoo or piercing studio
• Barber or hair salon
• Alternative health or wellness centre
• Medical or consulting rooms
• Accountant, lawyer or other professional offices
• Boutique retail or specialist services

The property has recently benefited from a new roof, providing peace of mind for the new owner.

This is an outstanding opportunity to modernise and customise the premises to suit your business needs or investment goals.
Whether you're looking to establish your own business, relocate to a standalone site, or invest in a property with genuine value-add potential, this is an opportunity not to be missed.

Please copy and paste this address and add your details to access property files:
https://www.propertyfiles.co.nz/property/L41524562

*Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same.

Listing ID: 43084422

Vacant Freehold Industrial Opportunity

A rare freehold opportunity in one of Nelson's most tightly held industrial pockets. Set on a substantial 1,057sqm site zoned Industrial A, 132 Vanguard Street offers genuine flexibility for owner-occupiers and investors alike.

The property consists of 360sqm building configured for showroom and office, and a 170sqm triple-bay warehouse – a versatile layout suited to a wide range of business uses. Superb street frontage delivers high signage exposure to passing traffic, while Industrial A zoning keeps your options open.

Offered with vacant possession, this is a move-in-ready prospect for an owner-occupier, or an opportunity to add value by securing a quality tenant and holding as a passive investment.

Key features:

• 1,057sqm freehold site
• 360sqm building + 170sqm warehouse
• Showroom, office, and triple-bay storage
• Prominent Vanguard Street frontage with high signage exposure
• Zoned Industrial A – flexible usage options
• Vacant possession – occupy or lease out

Properties of this calibre and location are seldom available. Contact Gill or Seb today for further information and to arrange a viewing.

Listing ID: 43084511

FREEHOLD OREWA OPPORTUNITY

NAI Harcourts is proud to present 184 Hibiscus Coast Highway, Orewa to the market for sale with vacant possession.

Offered for the first time in nearly two decades, this is a rare opportunity to acquire a freehold commercial property in one of Rodney's fastest-growing and tightly held commercial precincts. Positioned prominently on the busy Hibiscus Coast Highway, the property enjoys exceptional exposure, strong passing traffic, and convenient access.

Set on an 809sqm (more or less) freehold site, the property comprises approximately 180sqm of building area, currently configured as multiple offices, together with a garage and carport located to the rear. The sizeable site also includes under utilised land behind the existing improvements, providing scope for future development, expansion, or additional income-generating opportunities, subject to council approval.

Whether you're an investor seeking value-add potential, an owner-occupier looking to secure your own premises, or a developer exploring future opportunities, this property presents a compelling proposition in a highly sought-after location.

Investment Highlights

• Vacant possession
• 809sqm (more or less) freehold site
• 180sqm (approx) of office/retail space
• Business - Neighbourhood Centre Zone
• Rear garage, carport, and surplus land
• Potential for future development or expansion (subject to council approval)
• High-profile position with excellent exposure to passing traffic

For further information or to arrange an inspection, contact the sole agents Nick Young and Isaac Tankard at NAI Harcourts today.
Opportunities of this nature are seldom available in Orewa's tightly held commercial market.

Listing ID: 43084573

POLISHED PONSONBY INVESTMENT

Deadline sale: Closes on Thursday 6 August 2026 at 2:00PM (unless sold prior)

• Returning $75,000 net per annum

• Bankable seismic rating
• Long-term lease with established tenant
• Vibrant Ponsonby strip retail location

Positioned in the heart of Three Lamps, Ponsonby, this high-profile Freehold unit represents a premier retail investment in one of Auckland’s most tightly held precincts.

Currently occupied by the long-established Diamond Nail Salon & Spa, the property delivers immediate passive income alongside significant built-in rental growth. The tenant has successfully operated from the premises since 2011 and has recently renewed their lease, reflecting their ongoing commitment to the location. Fixed annual rental increases are also locked in, offering investors consistent and transparent income growth over the coming years.

Surrounded by a thriving mix of retail, hospitality, and professional businesses, this is a proven investment location with enduring tenant demand. This is an outstanding opportunity to acquire a quality, low-maintenance commercial asset underpinned by an established tenant, strong lease security, and reliable rental uplift. A genuine bottom-drawer investment in a blue-chip Ponsonby location, it offers stable returns today with long-term capital and income appeal.

Listing ID: 43084593

Wellington Student Accommodation Investment

Colliers is pleased to present Cumberland House, a substantial mixed-use investment positioned in the heart of Wellington's dynamic Te Aro precinct. 

Situated on approximately 2,606 m² of freehold land and comprising approximately 9,334.20 m² of net lettable area, this landmark property offers scale, diversification and long-term income security. 

Anchored by Victoria University of Wellington under a long-term lease expiring in 2036, the asset delivers a diversified income profile supported by additional commercial tenants and parking revenue. The property also offers longer-term repositioning and development potential in a well-established growth precinct.

Originally constructed circa 1970 and subsequently refurbished and repositioned, Cumberland House incorporates student accommodation, commercial space, workshop accommodation and car parking facilities. The property provides multiple income streams and operational flexibility across its interconnected components.

The property occupies a prominent dual-frontage site to Willis Street and Victoria Street and benefits from excellent connectivity to Wellington CBD, Cuba Street, Courtenay Place and surrounding tertiary institutions.

*Please note all areas and values are approximates only. 

For further information or to arrange an inspection contact:

Richard Findlay on 021 620 188 or email richard.findlay@collierswgtn.co.nz

Hamish Templeton on 029 127 0018 or email hamish.templeton@collierswgtn.co.nz

Alistair Robertson on 021 418 647 or email alistair.robertson@collierswgtn.co.nz

Features:

• Approximately 2,606 m² freehold site
• Fully leased asset with long WALT
• Multiple income sources anchored by Victoria University of Wellington
• Opportunity to enhance or redevelop
• Well-positioned in Te Aro with proximity to tertiary institutions

More information: https://www.colliers.co.nz/p-NZL67041149

Listing ID: 43084617

Buy One or Both - Superb Investment!

NAI Harcourts is proud to exclusively bring to market 1 & 2, 27 Ashfield Road, Wairau Valley, Auckland.

Situated in one of the North Shore's tightly held and highly sought-after industrial precincts, this well-positioned investment combines a strategic location, proven tenant stability, and attractive long-term investment fundamentals.

For the past 14 years, two adjoining units have been home to the long-standing, award-winning cheese manufacturer, IL Casaro (https://www.ilcasaro.co.nz/).

Whether you're looking to secure your first commercial investment or expand an existing portfolio, this affordable industrial offering presents an exceptional opportunity in a tightly held location. After 13 years of ownership, our motivated vendor has made the decision to sell and will meet the market.

Investment Highlights:

• Long-standing tenant covenant - Established/Award winning business with 14 years of successful trading from the premises
• Total Approximate Floor Area 287.6m2; Unit 1: 163.2m2 & Unit 2: 124.4m2
• Total Combined Rental of $60,000 p.a. + GST + Outgoings
• Buy One or Secure Both: Affordable price bracket: An ideal opportunity for both first-time & astute Investors
• Part of a well-established industrial complex comprising just eight units
• No Body Corporate - control your own ongoing costs
• Capital Improvements include Unit 1 re-roofed in 2021 & Unit 2 being rebuilt in 2012
• Just minutes from State Highway 1, plus proximity to nearby amenities
• Zoned Business - Light Industrial Zone

For Sale by Deadline Private Treaty closing at 4.00pm, Wednesday 12th August 2026 (unless sold prior).

For further information or to request an inspection, please contact the Sole Agents today.

*Boundary Lines in photos are indicative only.

Listing ID: 43084809

Central Industrial Hub - Taupo

He Ahi Clean Energy Park 

• Utilise Geothermal Heat

• Stage 1 Titles Issued

• 14 Lots from 3,222m² to 1.81ha

• Strategic Central North Island Location

• Heavy Industrial Zone

• Power, Water & Fibre 

He Ahi Clean Energy Park is a large-scale staged industrial development within Taupō’s established Centennial Industrial area. Stage 1 comprises 14 lots ranging from 3,222m² to 1.8ha, with pricing from approximately $170m² to $195m². The development is suited to owner-occupiers, developers and investors seeking industrial land within the Taupō market. Heavy Industrial zoning supports a broad range of industrial activities.

A key point of difference at He Ahi is access to geothermal heat for selected areas of the development. This may suit businesses with process-heat requirements looking to incorporate renewable energy into their operations.

The development is approximately five minutes from Taupō’s CBD, with convenient access to State Highway 1, Broadlands Road and Kaingaroa Forest via the off-highway road network. This provides practical connections across the North Island, making it well suited to businesses servicing multiple markets. Taupō has a diverse regional economy, with key sectors including geothermal energy, forestry and wood processing, logistics, agriculture, tourism and events.

Each lot has access to potable water, three-phase electricity and fibre at the boundary and is priced individually (plus GST - if any).

A cloud folder link for scheme plans, titles, consent documentation, and imagery is available upon request.

To find out more or to gather relevant documentation, call or email Tom

Listing ID: 43087755

FREEHOLD FLEXIBILITY: OCCUPY, INVEST, OR DEVELOP

Deadline sale: Closes on Wednesday 12 August 2026 at 2:00PM (unless sold prior)

190 Federal Street is a Freehold city centre landholding offering substantial development potential and holding income from two established tenants on a premium midtown site.

The property holds a central position on Federal Street. The casino, Sky Tower, New Zealand International Convention Centre, and the Federal Street dining strip are all a short walk north, with the University of Auckland and AUT learning quarter a short walk east. The site sits uphill from Aotea Square and Te Waihorotiu Station, forecast to be the busiest station in the country once it opens later this year.

The 549m² Freehold site is zoned Business - City Centre, which allows for the city's most intensive forms of commercial, residential, and mixed-use development and a height limit of 47.5 metres. The regular, level site and premium position offer clear scope to maximise future development potential.

The solid, standalone, two-level building totals approximately 548m² of gross floor area, plus 16 basement car parks. The ground floor is occupied by The Atrium Club and the first floor by the Auckland Yoga Academy, both long-standing occupiers with flexible occupancy arrangements.

KEY FEATURES:

• Prime Freehold city centre site of 549m²
• Standalone two-level character building of approximately 548m², plus 16 secure basement car parks
• Business - City Centre zoning, development up to 47.5 metres
• Income of $76,790 + GST per annum
• Long-standing occupiers - The Atrium Club and Auckland Yoga Academy

A rare opportunity to secure a Freehold holding in the middle of the city with income in place, occupancy options, and genuine development options. Contact now for further details.

Listing ID: 43087999

Quality Investment in an Exceptional Location

Positioned within the popular Salt residential development in Mount Maunganui, this premium mixed use investment presents an outstanding opportunity to secure a quality hospitality asset with the added benefit of an upstairs apartment. Occupying a high profile position on busy Girven Road, the property enjoys excellent exposure and a built in customer base from Salt's 71 residential apartments, while also servicing the wider Mount Maunganui community.

The approximately 73m² ground floor cafe is complemented by an exclusive 24m² outdoor dining area/courtyard, creating an attractive year round hospitality offering. Above the cafe, the approximately 81m² one bedroom apartment with a 10m² sunny balcony adds further value and broadens the property's investment appeal.

The property is fully leased under a single lease, returning $69,954 + GST and outgoings per annum. The current lease runs through to 31 October 2030, with rights of renewal extending to 31 October 2048. Investors benefit from annual CPI plus 0.5% rental increases and market rent reviews every four years, providing built in rental growth and long term income security.

Located on one of Mount Maunganui's key arterial routes, the property is minutes from Bayfair Shopping Centre, Baywave and Mount Maunganui Beach. Eight exclusive onsite car parks provide exceptional convenience for customers and are a valuable feature rarely found with hospitality investments.

Modern, low maintenance and backed by a long term lease with strong rental growth provisions, this is a quality coastal investment offering secure income in one of Mount Maunganui's most sought after locations.

Contact Duncan, Dan or Simon today for further information or to arrange a viewing.

For Sale by Auction at 11am, Thursday 13th August at the Mercure Hotel (unless sold prior).

Features:

• Total building area 154m² (cafe and apartment)
• Returning $69,954 + GST and outgoings per annum
• Annual rental growth
• Current lease term expires on 31 October 2030, with further ROR to 31 October 2048
• Walking distance to Bayfair Shopping Centre
• Eight exclusive off street car parks

More information: https://www.colliers.co.nz/p-NZL67041213

Listing ID: 43088192

Secure Retail & Hospitality Package

Position yourself in one of Northland's most promising investment locations with this outstanding passive commercial investment in the heart of Opua, the gateway to the Bay of Islands.
This high-profile property is leased to an established hospitality operator with two complementary and resilient revenue streams-the iconic Roadrunner Tavern and a Super Liquor franchise. Together they provide a strong, diversified business that has become an integral part of the local community and the region's thriving tourism sector.

Returning $88,000 per annum plus GST and outgoings, the property is secured by a 10-year lease, providing investors with long-term income certainty and minimal management requirements.
Occupying a commanding position with exceptional road frontage on Waimangaro Road, the property enjoys outstanding visibility to both local traffic and the thousands of visitors travelling through Opua each year. This prominent exposure is a key contributor to the tenant's ongoing success and underpins the property's long-term investment appeal.
The Far North continues to attract significant attention from investors seeking value and growth. Population growth, increasing domestic and international tourism, and continued investment in Northland's transport network and roading infrastructure are driving stronger economic activity throughout the region. As connectivity improves and more people choose the Far North as a place to live, work and holiday, well-located commercial assets are becoming increasingly sought after.

From an investment perspective, licensed liquor premises represent one of the more tightly held sectors of the commercial market. With strict licensing requirements, established trading locations, and enduring consumer demand, quality liquor and hospitality tenancies are highly desirable and often difficult to acquire.

The property itself has also benefited from substantial capital improvements, providing confidence for years to come, including:

• New roof with a lengthy transferable warranty.
• Independent Engineering Assessment (IEP) achieving an impressive 100% New Building Standard (NBS) rating.
• Asbestos report available upon request.
• Well-maintained commercial premises requiring little immediate capital expenditure.

Whether you're expanding your commercial portfolio or seeking a secure investment backed by an established tenant and long lease, 11 Waimangaro Road, Opua presents a compelling opportunity to acquire a quality income-producing asset in a region with an increasingly bright future.
Secure income. Prime location. Strong tenant. Outstanding long-term investment.

Contact us today for a comprehensive Information Memorandum or to arrange an inspection.