Commercial property for sale

Listing ID: 42866192

Prime Penrose Opportunity - Profile and Potential!

JOINT SOLE AGENCY - Deadline Private Treaty offers closing 12pm, Wednesday 17th September (unless sold prior) 

Colliers, in conjunction with Barfoot and Thompson, are proud to exclusively offer to the market 692 Great South Road in Penrose. 

This opportunity presents owner occupiers, add-value investors and developers with the ability to acquire a rare piece of prime land with tonnes of future potential. 

The total land area is 918sqm and features low site coverage with the improvements on-site, equating to roughly 25%. Approximately 402sqm across two levels is soon to become vacant and offers affordable and versatile office space with lots natural light on the first floor. Parking at the rear of the site is a huge drawcard offering 25 in total, 13 of which were allocated to office area coming vacant  Bruce Lee Sushi occupies 124sqm of the ground floor and produces $46,813 net p.a. of income with the current term running until 8/1/2029. A neighbouring tenant leases 6 carparks which will return an additional $6,240 plus gst pa .

Penrose is an industry powerhouse location with a rich history and this site offers plenty of options. Buy it, partly occupy it - just don't miss out!

The neighbouring property at 690 Great South Road is also for sale. Buy one or both! 

Contact the joint sole agent for due diligence information and to arrange an inspection 

*To be 

Features:

• 527sqm building area
• 918sqm freehold title (light industry zoning)
• Road front position just off the Ellerslie-Panmure on-off ramp
• Occupy, Invest, Reposition
• Partially tenanted returning $53,053 net p.a

More information: https://www.colliers.co.nz/p-NZL67035934

Listing ID: 42867539

Future Urban landbank

• 12,083sqm (more or less) site with wide road frontage
• Zoned Future Urban, offering long-term development potential in line with the Whenuapai Structure Plan and FDS
• Flat contour with strong profile onto Karaka Road
• Well-connected location – moments to State Highways 16 and 18, Northwest Shopping Centre, schools, and employment hubs

While the site’s true value lies in its strategic land banking position, purchasers may also consider establishing a residential home in a lifestyle environment, enjoying scale, privacy, and a rural setting, while benefitting from proximity to urban amenities and access to town supply potable water.

In addition, current zoning provisions support a range of rural and ancillary activities – such as produce sales, rural services, or small-scale community uses – providing optional interim income opportunities without compromising future urbanisation.

With Whenuapai identified as a priority growth node under the Auckland Unitary Plan, this property represents a rare opportunity to secure scale with both long-term development upside and short-term lifestyle or income flexibility.

Listing ID: 42868771

Freehold split-risk investment - Glenda Drive

33 Glenda Drive sits on 1,578sqm of freehold land, strategically developed to maximise returns. The property comprises four individual commercial tenancies along with a 240sqm residential eight-bedroom home utilised as worker accommodation – delivering diverse and consistent income streams.

• Five (5) individual tenancies provide a combined current rental of $257,037.72 net p.a + GST
• Tightly held commercial/industrial catchment with extremely low vacancy rates
• Freehold landholding of 1,578sqm with direct exposure onto Glenda Drive
• Unrivalled opportunity with excellent potential for future growth

This rare freehold offering provides investors the opportunity to purchase a split-risk asset in arguably Queenstown’s premier commercial/industrial catchment. The commercial buildings at both the front and rear of the site are modern and provide functional solutions for the established trade/warehousing businesses who service the wider Queenstown & Central Otago region. The residential accommodation was original farmhouse prior to Frankton's commercial development, this provides eight bedrooms with a shared lounge and amenities.

Purchasers will benefit from Glenda Drive’s strategic location, its proximity to Queenstown Airport, major retail hubs, and key transport links. Vacancy rates remain extremely low with excellent demand for commercial property in this catchment. This is a desirable split risk investment with plenty of future upside for purchasers, call now for further information today.

Listing ID: 42868882

Hands-Free Asset, Solid Yield

3 Ponderosa Drive presents an outstanding opportunity to secure a proven passive investment with a long-term lease.

Currently generating $116,480 net income per annum + GST & outgoings, this property offers fantastic rental growth with CPI & market reviews. The long-standing childcare property is tenanted by Ponderosa Kids Montessori Preschool on a new 6-year lease from 2025, with renewal options extending through to 2043.

The 743sqm freehold site enjoys excellent road frontage on Ponderosa Drive and is zoned Residential – Mixed Housing Urban, providing significant future development potential in a high-growth residential catchment.

Key Highlights:

Returning $116,480 net pa + GST & outgoings

New 6-year term from 2025 with renewals to 2043

CPI adjustments + Market rent reviews

743smq Freehold title with prominent frontage

Residential – Mixed Housing Urban zoning

This is a hands-off investment with a strong tenant, secure income, and the added benefit of underlying land value.

Contact us today for more information or to arrange a viewing!

More information: https://www.colliers.co.nz/p-NZL67035992

Listing ID: 42868975

ICONIC TENANTED INVESTMENT

Deadline sale: Closes on Thursday 25 September 2025 at 4:00PM (unless sold prior)

This Freehold property, tenanted by Cathay Cinemas and CC’s Café Cinema, is a true investment blockbuster. This iconic landmark property has been operating as a cinema since 1935. The building was sympathetically renovated with two new screens added using tilt slab concrete construction. Its legacy provides immediate recognition in the Kerikeri community, carrying strong nostalgia for generations of locals who have seen their first films here. Cathay Cinemas caters to mainstream, festival and speciality screenings, and the adjoining CC’s Café Cinema makes it more than just a movie theatre, but a social destination where people meet for meals, drinks and events. 

The cinema was extensively renovated as a 3-screen cinema and café in 2009, including a new roof being installed. The low-maintenance, tilt-slab concrete building has never been vacant, and benefits from a prime position providing exceptional visibility for it’s long-standing and reliable tenants. Located directly opposite the public carpark, the property greatly benefits from easy access and excellent parking for customers.

This property is more than just a movie theatre – it’s a historic, central and community-driven entertainment hub that offers both charm and convenience. It’s time to take centre stage with this show-stopping, tenanted investment opportunity and make this iconic property the next feature in your portfolio. 

KEY FEATURES:
•    Iconic landmark building operating as a cinema since 1935
•    Excellent tenants: Cathay Cinemas and CC’s Café Cinema
•    Freehold standalone property 
•    Commercially zoned
•    Excellent profile and exposure to vehicle and pedestrian traffic
•    High visibility off Hobson Avenue
•    Low maintenance, tilt-slab concrete building
•    Renovated as a 3-screen cinema and café in 2009, including a new roof installation
•    Surrounded by prominent businesses

For Sale
Deadline Private Treaty + GST (if any) (Unless sold prior)
25 September 2025 at 4pm, 33 Kerikeri Road, Kerikeri – Barfoot & Thompson Branch

Enquire for lease information or to view, contact us now!

Listing ID: 42872711

HUGE OPPORTUNITY

Ever thought about owning a mall? Here's your chance to secure a significant stake in South Invercargill. The South City Mall is a multi-tenanted complex, and 249-257 Elles Road makes up a significant portion of this multifarious building. Situated on Elles Road, it serves a wide catchment of Invercargill and is home to a diverse mix of tenants, including retail and food. This is a rare opportunity to acquire a cornerstone property in Invercargill's commercial landscape.

Please note: Land measurements are approximate and boundary lines are indicative only. All efforts have been made to source accurate information from reputable sources (e.g. Regional/City Councils, Property Guru, CoreLogic, etc.) We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.

Listing ID: 42873009

Takeaway This Freehold Going Concern

A rare chance to secure both the freehold property and a well-established takeaway business in a high-profile location. Situated on the main thoroughfare, this property benefits from constant passing traffic, strong visibility, and a loyal customer base.

• Freehold title - secure land, building, and business in one package
• Established takeaway business with proven trading history
• Prominent street frontage in a busy main road position
• Excellent exposure and easy customer access
• Surrounded by complementary businesses, ensuring steady foot traffic

Ideal for owner-operators seeking a solid income stream

This is an outstanding opportunity to acquire a turnkey business and freehold property investment.

Contact Brian on 029 232 3583 for further information.

Please use this link to request access to the property files https://www.propertyfiles.co.nz/property/BF39688 and BF39687

Please be aware that this information has been supplied by the Vendor. We cannot guarantee its accuracy or reliability.

Listing ID: 42873058

The Perfect Office Space, Completely Renovated

Opportunities like this don't come along often. Behind its charming villa facade, this property has been meticulously renovated from top to bottom, combining timeless character with modern upgrades. Double glazing throughout, durable commercial-grade carpets, and four spacious bedrooms converted to offices ensure comfort, practicality, and style. Original features have been carefully preserved, adding warmth and authenticity to the extensive renovation.

Currently used as premium office space, the property offers exceptional versatility. The current owner made sure the property can just as easily be reinstated as a welcoming family home with minimal changes. For professionals wanting to work from home or business looking for a central location, the layout provides endless flexibility-whether that's using the partially converted garage as additional workspace, or dedicating part of the house to business and keeping the rest as your private retreat.

For businesses, the value is clear. Converting a residential home into office space is typically a costly and complex process-but here, the hard work has already been done. This property is fully set up and ready to go with 5 heatpumps installed providing climate control for each bedroom/office space.

At the heart of the home is an open-plan living, modern kitchen and meeting area, complete with a compliant log burner for cosy comfort. Outdoor entertaining is effortless thanks to the extensive Kwila decking, while the private, landscaped rear section offers a peaceful escape with an abundance of fruit trees-a hidden oasis in the centre of Stoke, while two bathrooms complete the appeal

The front of property has been sealed to create 5 car park spaces, with the garage providing additional parking for the owner/staff.

Ideally located in the centre of Stoke CBD and just metres from the high street this property provides a great option for businesses looking for great visibility and access, while being centrally located between Richmond and Nelson CBD.

The vendors have their next move in place and are motivated to sell. This is your chance to secure a truly unique property.

Price is plus GST (if any)

Listing ID: 42873386

Leasehold Industrial Unit

Unit 31, 23 Tukorako Drive offers a smart, low-maintenance industrial/workshop unit in the heart of Mount Maunganui’s tightly held industrial precinct.

Well suited to trades, small businesses, or storage users, this modern tilt-slab unit features high-stud warehousing, a full-height roller door, and a small mezzanine office. Located in a secure, well-managed complex with easy access to Hewletts Road, the Port, and Tauranga Airport.

Opportunities in this size bracket are rare in the Mount – contact us today to arrange an inspection.

Features:

• 146sqm warehouse and office
• High-stud clear-span interior
• Full-height roller door and good access
• Tidy amenities including kitchenette and bathroom
• Excellent location in a popular industrial complex
• Ideal for owner-occupiers or investors
• Leasehold ground rental payable $6,800+ GST p.a. reviewed in 2026
• 3 carparks

More information: https://www.colliers.co.nz/p-NZL67035680

Listing ID: 42873437

PAY YOURSELF INSTEAD OF THE LANDLORD

It's time to invest in your own cafe or restaurant and put your company name on the lease by purchasing this 1920's character villa.

• Sought-after commercial kitchen
• Indoor/outdoor seating area
• Potential customers at your door
• Client off-street parking at rear
• Add value by installing a coffee-kart or kids play area in front

The commercial kitchen is ready, the indoor/outdoor flow is ripe for those summer balmy nights and there is proximity to a ready-made customer base. Create your dream cafe or destination restaurant and let's bring the coffee snobs and gourmet lovers to your door!

Deadline sale closes 2:00pm Monday 6th October 2025 at Harcourts, 307 Karamu Road North, Hastings (unless sold prior).

Listing ID: 42877215

On the market to sell!

A rare offering in the heart of one of Kapiti's most sought-after coastal communities – this substantial landholding presents an exceptional opportunity for developers, investors, and commercial buyers seeking scale, location, and potential.

With a desirable coastal setting, strong local infrastructure, and continued growth across the Kāpiti Coast, this site is perfectly positioned for a range of future uses (subject to council approval). Opportunities of this scale and proximity to the beach and key amenities are increasingly rare – secure your stake in Raumati Beach’s future today.

Located on Rata Road, Raumati Beach, this property spans 1.7744 ha (more or less) across two titles:
Section 2 SO562036 – 1.6815ha (part of Record of Title: 1105977) and Section 108 Wainui District SO31154 – 0.0929ha (Record of Title: 65210).

Location Highlights:
Just 1 minute to Raumati Beach Village – cafes, boutique shops, and the beachfront.
8 minutes to Paraparaumu Train Station – easy commuting access to Wellington and the wider Kapiti Coast.
36 minute drive to Wellington CBD (off-peak) via State Highway 1.
Close to major arterial routes and commercial zones, increasing accessibility and appeal.

Schools in zone:
Raumati Beach School (Primary)
Our Lady of Kapiti School (Catholic, full primary)
Kapiti College (Secondary)

Listing ID: 42877441

City Fringe Office + 5 Carparks | Vendor Finance!

A fantastic opportunity to own a high-profile commercial office in the heart of Auckland's city fringe.

Property Features:

• 186sqm office space (Level 4)
• Full-floor unit
• 5 secure on-site car parks
• Recently refurbished
• Great natural light
• Easy access for staff and clients

Location Benefits:

• Close to Mt Eden CRL Station
• Handy to CBD, Newmarket & motorway links
• Surrounded by cafes, shops, and transport

Vendor finance available - competitive rates!

Perfect for owner-occupiers or investors looking for a well-located, functional workspace.

Call Tarun or Ana today to view!

Listing ID: 42877588

A Clever Design

This vacant unit is possibly one of the best. Accessed via Ossie James drive, just off the entry to Hamilton Airport, the complex has excellent parking amenity and wide set backs creating a high levels of functionality, ideal for deliveries and truck egress.

This investment property offers:

• 168sqm warehouse
• 60sqm total office space
• 3 allocated parks plus a share of common visitor parking
• Profile to airport road

Listing ID: 42877830

Former Freehold Motel in Prime Location

Set on a substantial 3,238sqm (more or less) freehold site, this former Ascot Motel presents an exceptional opportunity for astute investors, owner-occupiers, and developers seeking scale, visibility, and versatility in one of Hamilton’s most active growth corridors.

Strategically positioned on Te Rapa Road—a key arterial route with high traffic volumes and excellent connectivity, the property offers outstanding exposure and convenient access to local amenities, including supermarkets, shopping centres, transport links, and just minutes' drive from Hamilton CBD and The Base shopping centre. Its prime location ensures strong future demand, making it ideal for a range of uses such as visitor accommodation or future residential development (subject to consents).

The property comprises 11 accommodation units plus a standalone four-bedroom manager’s house. Units 1–6 and the manager’s house have been renovated, while Units 7–11 provide a blank canvas for refurbishment by the new owner. The generous land size and flexible layout offer multiple possibilities for value-add improvements.

For Sale by Deadline Private Treaty closing Thursday 9th October 2025 at 3:00pm (Unless sold prior). Purchase Price Plus GST (if any).

Features:

• Large 3,238sqm (more or less) freehold site
• Prime Te Rapa Road location, exposure on a major arterial route, close to CBD and The Base.
• 11 units plus 1 four-bedroom manager’s house (6 units and the manager’s house have been renovated)
• Low site coverage provides flexibility and long term potential

More information: https://www.colliers.co.nz/p-NZL67036188

Listing ID: 42877911

High quality industrial - vacant possession

• High quality industrial on a freehold 2,000sqm title
• Post-earthquake build
• Offered with vacant possession

Bayleys are pleased to offer this standalone industrial facility for sale. The impressive property consists of a clear-span warehouse with three container height roller doors and a canopy. Complemented by high quality office and reception area along with excellent staff amenity including a lunchroom and staff outside area - this property is in immaculate condition and will impress upon viewing.
The generous site benefits from ample onsite parking a a secure yard suitable for a wide range of businesses.
Located in the sought-after Waterloo Business Park with excellent links to the Christchurch Southern Motorway, Christchurch International Airport and the Port of Lyttelton.

Key features:

• 464.6sqm warehouse
• 261sqm office/amenities
• 52sqm mezzanine
• 29sqm canopy
• 14 onsite parks

The property is also offered for lease.

Contact the sole agent today for further information on this rare opportunity.

Listing ID: 42878081

AIWI Motel - renovate or develop

Now on the market under clear instruction, this prime opportunity at 60 Percival Street, Rangiora — the former Lilybrook Motel — presents significant potential for both investors and developers alike. Positioned on an 1,800 sqm (approx.) level, near-regular shaped site, the property is being offered on an “As Is, Where Is” basis.

Configured with a solid mix of 14 motel units, the existing improvements offer generous floor plates and flexible layout options, ideal for renovation and repositioning. Alternatively, the property’s high-density zoning makes it a standout option for redevelopment, capitalising on the area’s strong growth and evolving urban landscape.

For more information or to arrange a viewing, contact Mike Lough, the sole agent.

Don’t miss your chance to secure a rare value-add or development opportunity in the heart of Rangiora.

The property is offered for sale by Auction, 10am Thursday 16 October 2025 (unless sold prior). 

*Boundary lines are indicative only.

Features:

• AIWI Add value opportunity
• Renovate or develop
• Vacant possession
• Insured 14 unit motel + garaging
• 1 of only 3 motels in Rangiora
• 1,800 sqm of land (High Density Zone)
• Excellent local amenities
• Potential for multi-unit development
• Level contour on near regular shaped site
• Rangiora experiencing strong growth

More information: https://www.colliers.co.nz/p-NZL67035393

Listing ID: 42878144

Freehold Multi-Tenanted Investment

NAI Harcourts is proud to exclusively offer a superb opportunity for Investors and Developers to secure 14 Matua Road, Huapai. Strategically positioned on the corner of Matua Road and Oraha Road, the property is 100% occupied and is an excellent split-risk investment.

14 Matua Road is situated on flat freehold corner title comprising of 809 sqm. Fully occupied by four well established tenants. The single level retail building is 218 sqm with additional storage area at the rear of the site.

Favourably zoned as Business - Town Centre Zone allowing for an attractive future development of the site with height limited of 18m.

Investment highlights:

• 809 sqm Freehold corner site
• Split risk investment with 4 retail tenancies
• Fully leased returning $72,362.40 net per annum + GST
• Significant Corner profile & Strategically located
• Zoning: Town Centre Zone (height limit of 18m)
• Obvious rental growth opportunity

The Vendors instructions are clear and want this property sold!

For Sale by Deadline Private Treaty, closing 4pm on 10th October 2025. (unless sold prior).

Listing ID: 42878381

Own Your Industrial Future!

JLL are pleased to exclusively offer 61 Galway Street, Onehunga for sale by Deadline Private Treaty, closing 4pm Thursday 9th October 2025 (unless sold prior).

This property presents an opportunity to acquire a standalone industrial building on a generous 683sqm freehold level site in the highly sought-after Onehunga industrial precinct. Zoned for Business Mixed Use, Galway Street offers exceptional connectivity to key arterial routes and motorway networks, enhancing its appeal.

Located on the eastern side of Galway Street, this property offers sought after profile and good warehouse to office ratio, creating multi-purpose options. The original building floor area totals 301sqm, consisting of 44sqm two storey office and amenities, situated at the front of the building.

The functional clear-span 257sqm warehouse with good natural light, ranging from 3.2m to 4.5m in stud height. Access is via two roller doors. There has been an unconsented extension built at the rear of the building, giving additional floor area of 88sqm. Ample parking directly in front of the building and a secure rear yard, will appeal to a wide range of businesses.

Added- bonus is the mixed-use zoning which allows for intensive development, including change of use to commercial/residential or both.

Key Features:

• Vacant possession
• 683qm (more or less) freehold site
• 301sqm building area (approx.)
• 75% NBS rating
• Three phase power
• Height variation control of 21-metres

Please call now for further information or to arrange a viewing.
Jeremy Barnett
+64 21 500 972
Jeremy.Barnett@jll.com

Danny Guise
+64 27 5555 979
Danny.Guise@jll.com

Listing ID: 42881479

Affordable Entry into Auckland’s Accommodation Sector

CBRE is pleased to present for sale, the City Lodge Hostel at 150 Vincent Street. The asset comprises an 11-level living sector investment featuring 99 ensuited rooms, communal kitchen, dining, lounge and laundry facilities in addition to a full floor self-contained three bedroom penthouse apartment.

150 Vincent Street offers investors an affordable entry into Auckland's CBD accommodation sector, with a diverse range of value-add opportunities; to continue operating as a hostel under a more operationally efficient model, or reposition to worker accommodation, international student accommodation, or social housing.

150 Vincent Street is offered for sale by Tender closing Thursday 16 October 2025 at 4:00pm NZST (unless sold prior).

Listing ID: 42882133

Affordable live/work investment with rental growth

194sqm (approximately) total floor area, returning $58,000pa set to go to $60,000pa in December 2025

Features include:

• Two-bedroom, three-bathroom, renovated to modern standards
• Fully consented for residential living with high stud warehousing
• Established tenant
• Fantastic location close to motorway, schooling, shops and Mairangi Bay beach
• General business zoning

Be quick to view this impeccable live/work investment unit in a desirable Mairangi Bay location. The property is located just off Constellation Drive, enabling the perfect blend of prime residential and industrial convenience under a General business zoning. Fully leased to an established tenant, returning $58,000pa with built in rental growth, set to increase to $60,000pa in December.

The property has been completed to a finish superior to that of other live/work units on the market. The apartment features two bedrooms, modern kitchen, ample natural light, two ensuites, heat pump, double-glazed windows and is complemented with a sunny north-facing deck.

The property features a high stud warehouse accessed by an electric roller door and a low stud workroom at the rear. Three phase power throughout the warehouse, and is equipped to be separate to the apartment, with its own shower, toilet & office space. Close proximity to public transport, shops, motorway access, good school zones, General Business zoning, nearby beaches, golf courses and more.

Call the Sole Agents now to arrange a viewing or for more information about the property.