Commercial property for sale

Listing ID: 43160630

A Landmark Industrial Investment

Offered to the market for the first time this exceptional freehold industrial property presents a rare opportunity to secure a high-performing investment in one of Christchurch’s most sought-after industrial precincts.

Fully leased to a long-standing and well-established tenant, the property delivers a strong net income of $155,120pa + gst & opex, with a renewed lease term secured through to 31 October 2029. Combining dependable cashflow with a strategic location, this is an asset designed to appeal to discerning investors.

Positioned just off Annex Road in central Middleton, just five kilometres from Christchurch CBD, the property enjoys excellent connectivity to the Southern Motorway, Wigram and key transport routes.

• Returning $155,120pa + gst & outgoings
• 1,531sqm freehold landholding
• Approximately 974.6sqm of lettable floor area
• Long-term tenant with proven occupancy history
• Strengthened to circa 67% NBS
• Generous onsite parking with 17 car parks

Quality industrial investments with secure income streams and strong tenant covenants are tightly held and seldom available. This is an opportunity to acquire a proven performer in a location that continues to attract occupier and investor demand alike.

Contact the sole agents today for further information or to arrange an inspection.

https://www.propertyfiles.co.nz/property/5531942

Listing ID: 43160682

Rare freehold investment in Milford

• Quality entry-level freehold commercial investment
• Prominent Milford location with excellent street profile
• Established healthcare tenant returning $72,590pa

Quality freehold commercial investments in this price bracket are extremely scarce in Milford and across the North Shore. Prominently positioned on Kitchener Road, this property offers investors an affordable entry into one of Auckland's most desirable North Shore locations, with reliable rental income and excellent street profile.

The property benefits from a long-standing optometry tenant providing an established income stream. Having been held by the current owners for 32 years, the property also features a generous rear land area accommodating 7 car parks, offering practical utility and potential future upside.

Milford remains one of the North Shore's most tightly held commercial centres, supported by an affluent surrounding residential catchment, consistently low vacancy and strong demand for both commercial and residential property.

Listing ID: 43160908

Consent secured - ready for the next chapter

• Approximately 4.047ha development landholding held in two separate titles
• Resource consent granted for 49 residential lots
• Three approved development stages

Positioned on the edge of Ngaruawahia just north of Hamilton City, the property presents a substantial residential development opportunity with resource consent already secured for a 49-lot subdivision. A significant body of planning, engineering
and technical work has been completed through the consenting process, providing a purchaser with an established framework from which to progress the project.

The approved subdivision is arranged across three stages, providing flexibility around infrastructure investment, construction timing and section delivery. Residential allotments range from approximately 450sqm to 613sqm.

Lot 107 comprises approximately 9,632sqm and is utilised under the current consent as the development's private stormwater attenuation area. Looking ahead, once sufficient downstream stormwater infrastructure becomes available, the land may present an opportunity to seek further consent for additional residential lots.

The property also benefits from a strong established residential setting, directly adjoining both Ngaruawahia High School and Te Kura Kaupapa Maori o Bernard Fergusson. Turangawaewae Marae and Raukura Hauora O Tainui - Nga Miro Health Centre are also located nearby, while the wider Ngaruawahia town centre is within easy reach. Together, these education, cultural, health and community amenities add further strength to the site’s residential development credentials.

Supporting consent documentation and due diligence material is available upon request.

Listing ID: 43160963

Trophy Asset – Premium Kapiti Investment

This premium property would have to be considered one of the very best stand-alone commercial properties in Paraparaumu.

Constructed in 2014 with a 90% NBS rating, 129 Rimu Road, presents an A-grade presentation with superior quality finish and a first-class tenant mix. The building is occupied by APHG NZ (Awanui Labs) and Web Genius, (with Pou Architecture subleasing), demonstrating a proven ability to attract and retain quality professional tenants over the long term.

For investors, the fundamentals are compelling, $254,476.49 net annual income, established tenants, structured lease arrangements and rental growth provision, all within a premium, low-maintenance property.

With a commanding position on one of the optimal sites along Rimu Road in the heart of the town centre, this location affords the tenants outstanding profile and generous client and customer parking onsite. 

This property makes a statement positioned right next door to Forsyth Barr and Kapiti Chartered Accountants and surrounding Coastlands Shopping Centre, Kapiti Coast District Council, Kapiti Law, Wakefields Law, Kennedy Accounting and an established network of professional and commercial occupiers.

This low-maintenance, established profile, with a strong-historical leasing tenure, will continue to be a clear choice for astute tenants who demand the very best in property function and aesthetics, future proofing the overall financial performance of this investment.

A true gem on the Kapiti Coast – this investment demands attention from those seeking a trophy asset to be proud of.

For more information or to arrange a viewing contact:

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

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

*Please note all areas and values are approximate only.

Features:

• Strong annual net income
• Premium A-grade presentation
• Established professional tenants
• Prime central location
• Low maintenance investment

More information: https://www.colliers.co.nz/p-NZL67043134

Listing ID: 43161021

Income - backed by essential industrial services

• Fully tenanted investment returning $878,000pa + GST (net)
• 15-year lease term with 10-year ROR
• For investors, family offices and syndicators seeking resilient industrial income

Opportunities combining scale, security and strategic tenant commitment are increasingly difficult to find. 14 & 14A Manchester Street delivers all three. The property is fully leased to Perry Metal Protection and Waikato Sand Blasting, businesses owned by NZX-listed Steel & Tube Holdings and providing essential galvanising and surface protection services to customers throughout the North Island.

With only the first year of an initial 15-year lease term completed and further 10-year right of renewal extending the potential occupancy horizon to 25 years, the investment offers exceptional income rarely available in today's market. Currently returning $878,000pa this opportunity presents as a corner stone investment to a portfolio.

Located within Hamilton's sought-after Te Rapa industrial precinct, the asset comprises approximately 4,978sqm of buildings across a substantial two-hectare freehold landholding. The scale of the site, specialised improvements and strategic location support the property's long-term relevance within the region's industrial economy. Opportunities of this scale and lease tenure are seldom available.

Interested parties are invited to contact the sole agents for further information, a copy of the Information Memorandum, or to arrange a private viewing of the property.

Listing ID: 43161114

Strong cashflow from New Zealand Post

• Leased to New Zealand Post, a Crown-owned state-owned enterprise
• A net rental of $170,080.83 per annum plus GST
• Six-year initial lease term from 1 May 2025
• Outstanding location adjoining The Plaza

378 Church Street sits in the heart of central Palmerston North, adjoining The Plaza shopping centre with fantastic frontage to Church Street.

The tenant is New Zealand Post Limited, a Crown-owned state-owned enterprise running the national postal and parcel network. In the year to 30 June 2026 it reported revenue of over $1.2 billion and the delivery of over 80 million parcels.

Beyond the lease, the value is the very strong location, with broad appeal to retail and service occupiers. Today it delivers secure cash flow from New Zealand Post with growth.

Listing ID: 43161118

Future-proof Investment

• Modern construction, completed in 2025
• 133sqm (approx.) warehouse plus 35sqm (approx.) mezzanine
• Includes three phase power plus kitchenette and toilet amenities
• Secure, fully fenced site with two car parks included
• Offered with vacant possession

Modern, immaculate and versatile, this prime industrial unit has so many positives. Built in 2025 on a secure, fully fenced site with ample onsite and street parking, it is perfect for owner-occupiers or investors seeking a quality asset with vacant possession.

Some 168sqm of floor area, comprising 133sqm of warehouse space plus a 35sqm mezzanine area, gives occupiers plenty of scope for their operations.

Strategically positioned, the unit is in the hub of a growing industrial precinct surrounded by quality businesses including Mainfreight, Fonterra, Real Steel, C & R Developments and The Bale Cafe. Easy access to Cambridge and the Waikato Expressway ensures excellent connectivity to various centres making logistics a breeze.

With Industrial zoning and vacant possession, this is a modern industrial asset with plenty to offer.

Contact Willem Brown today for further information or to arrange a viewing.

Listing ID: 43161147

Great Return - Great Price Range

This tidy commercial investment property at 405 Rickit Road, Te Awamutu, has come to the market priced at $650,000. The current tenant has been at the site for over six years and has agreed to a new three-year term showing a healthy return.

The tenant, Loving Arms, is well established in the premises and fully utilises the building.  Loving Arms is part of ‘Loving Arms Charitable Trust’ a registered charity in New Zealand. Loving Arms supports Waikato families in need.

The property is situated in a Commercial Zone on a street containing mostly industrial tenancies. Future changes to the tenant mix in the street might allow for higher use, fitting the Commercial Zoning. (Oliver Street in Cambridge may be an example of this potential shift). In the meantime most of the businesses are industrial and service businesses. The premises are fitted out as offices, previously developed as training rooms. It suits the current tenant's activity while offering strong value for future commercial or mixed uses. 

Facts: A 260.58 square metre solid-looking building fully fitted out to offices, on a 723 square metre freehold site. Good parking and a fully fenced perimeter complete the investment package.

Please contact John Robinson for further details or to arrange a viewing.

Listing ID: 43161309

5,637sqm Heavy Industry land - occupy/develop

• 5,637sqm (more or less) freehold site
• 512sqm (approximately) of functional improvements
• Workshop facilities with existing accommodation-style amenities
• Highly functional site suited to occupiers or developers
• Flexible settlement terms

Positioned within the highly sought-after and tightly held Takanini industrial precinct, 12 Heb Place presents a rare opportunity to secure a substantial 5,637sqm (more or less) heavy industry-zoned landholding.

The property benefits from approximately 512sqm of functional improvements, including workshop facilities, site office plus accommodation.

Zoned Business - Heavy Industry, sites of this scale are increasingly difficult to secure, particularly within established industrial locations such as Takanini.

With flexible settlement terms, purchasers have the added advantage of time to plan their occupation, relocation or future development.

Roman van Uden
027 313 8803
roman.vanuden@bayleys.co.nz

Tom Doyle
021 062 6261
tom.doyle@bayleys.co.nz

Listing ID: 43161367

High-profile investment opportunity | Penrose

*SOLE AGENCY*

Key features:

• Returning net $122,140pa + GST on a brand-new 3 + 3 + 3 year lease
• High-profile road frontage position on Great South Road
• Well-presented unit comprising showroom, office, and warehouse
• Established industrial location with outstanding connectivity
• Secure passive investment with future rental growth potential

An exceptional opportunity to secure a premium investment property in the heart of Penrose, one of Auckland's most established and tightly held industrial precincts.

Positioned prominently on Great South Road, Unit B/996 Great South Road offers investors a rare combination of high-profile exposure, quality improvements, and secure long-term income.

Underpinned by a brand-new lease to an established tenant, the property provides immediate cash flow and long-term investment certainty. The well-presented unit comprises functional warehouse space, modern showroom facilities, and office accommodation, creating a highly versatile industrial asset.

Its strategic location benefits from outstanding exposure to thousands of passing vehicles daily while offering convenient access to State Highway 1, State Highway 20, Auckland Airport, and the wider Auckland industrial network.

Matt Dell
027 221 9735
matt.dell@bayleys.co.nz

James Valintine
021 023 71868
james.valintine@bayleys.co.nz

Jake Skeen
027 636 5650
jake.skeen@bayleys.co.nz

Listing ID: 43161439

One property. Three ways to buy.

An opportunity to secure Heavy Industrial-zoned land in one of Whangārei's sought-after industrial locations.

Comprising approximately 14.02 hectares of predominantly cleared freehold land, this offering provides flexibility to acquire the entire landholding or one or more proposed industrial lots.

Key features:

• Approximately 14.02 hectares of freehold land
• Heavy Industrial Zoning
• Flexible purchase options from approximately 4,933sqm to 14.02ha
• Great location with excellent transport connectivity and workforce access
• Environmental, geotechnical and engineering investigations undertaken

One property. Three ways to buy.

• The Big Block: Acquire the entire approximately 14.02-hectare landholding
• The Super Lots: Five proposed larger-format industrial lots ranging from approximately 13,516sqm to 51,200sqm.
• The Industrial Lots: Nine proposed smaller-format industrial lots ranging from approximately 4,933sqm to 17,760sqm.

The vendor is open to considering alternative lot sizes and configurations, so if your requirements differ from those shown, please talk to us.

Explore the opportunity
For further property information, subdivision plans and to request access to the due diligence data room, visit www.fertilizerroad.co.nz.

For sale by Expressions of Interest
Closing 4.00pm, Wednesday 9 December 2026 (unless sold prior).

Contact Nigel Ingham or Daniel Sloper at Bayleys Whangārei for further information.

Listing ID: 43165837

Captive national tenant - New 5 year lease

Occupied by Online Distribution as a critical storage and distribution facility for hazardous and non-hazardous goods, this impressive and conventional industrial investment provides the security of a captive tenant on a long-term lease.

Online recently entered into a new 5 year lease, and with excellent fixed rental growth, this is a bottom-draw opportunity for those seeking a long-term, passive, income stream.

Positioned in the highly-sought Hillsborough industrial precinct, and surrounded by other quality buildings, Caerphilly Place is a desirable cul-de-sac located in close to proximity to both the port and CBD.

The building provides single-level street facing offices, bright high-stud warehousing, and excellent yard areas for container laydown and efficient vehicle movements.

This tidy, freehold, industrial investment will be sold on or before Auction day, so enquire today.

For sale by Auction 10am, Thursday 3 December 2026 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.

*Boundary lines are indicative only.

Features:

• New 5 year lease term
• Captive, long-standing tenant
• Returning $203,975 per annum + Outgoings + GST
• Fixed rental growth
• Quality and conventional 1,687 sq m industrial facility
• Freehold 2,841 sq m parcel of land
• Highly-sought location with minimal vacancy
• Close proximity to port and CBD
• Desirable westerly aspect

More information: https://www.colliers.co.nz/p-NZL67043257

Listing ID: 43165958

Well Located Workshop & Offices - For Sale

Secure your business premises at 21 Grosvenor Street, Dunedin, with workshop space, extensive offices and vacant possession.

Offering approximately 1,153m² across two levels, the property brings operational and administrative functions together under one roof. Prominent frontage and signage opportunities visible from nearby State Highway 1 add valuable exposure for your business.

The ground floor provides approximately 576m², comprising a workshop with roller door access, reception, a supporting office and basic staff amenities.

Upstairs, approximately 576m² of well appointed office accommodation includes individual offices, larger meeting or boardroom spaces, open plan areas and storage. A kitchen and lunchroom support the workspace.

Forecourt parking adds convenience, while reroofing completed in recent years is a further benefit.

For owner occupiers looking to establish a long term base, this property offers space to operate, accommodate your team and support future growth.

Investors should also take note - there is a stark lack of quality industrial property in Dunedin.

For Sale: $1,750,000 plus GST (if any).

The property is also available for lease.

Contact the nominated broker for further information or to arrange an inspection.

Listing ID: 43165998

Premium healthcare investment in Papamoa

Land area breakdown - 819sqm (more or less) site on major arterial
Floor area details - 207sqm (approximately) purpose-built premises
Occupancy - Strong tenant covenant - Papamoa Dental Centre
Parking - 13 carparks positioned to the front of the site
Passing income - Attractive $96,320 + GST & 100% Outgoings
Opportunity - Quality Healthcare asset in growth location

An outstanding opportunity to secure the land and buildings comprising the established Papamoa Dental Centre complex, prominently positioned on the south-western side of major arterial route, Papamoa Beach Road. 

The property has been comprehensively developed with a modern, purpose-built, single-level dental facility incorporating a range of well-appointed treatment and surgery rooms, together with staff amenities that extend to a private external deck area. The balance of the site is efficiently utilised, providing sealed on-site parking for 13 vehicles complemented by attractive, well-maintained landscaped grounds.

For investors, this property represents a high-quality investment within the tightly held and highly sought-after healthcare sector, underpinned by a strong tenant covenant from the established and proven healthcare provider, Papamoa Dental Centre.

The practice has recently been sold to The Dental Group, a privately owned New Zealand dental group partnering with dentists and specialists to buy and build high-quality, successful practices across the country with a shared ownership model.

Combining a quality purpose-built facility, excellent presentation and a strategic position within one of the Bay of Plenty's most desirable and rapidly growing coastal locations, this is an exceptional healthcare investment opportunity that must command serious investor consideration!

For more information or to view the property please contact Team Bradley, Bayleys No.1 commercial team in the Bay of Plenty.

Listing ID: 43166153

Freehold Eastside Industrial with Potential

Discover a rare opportunity to own an industrial property in the highly sought-after Eastside industrial estate at 86 White Street, Fenton Park, Rotorua.
Set in a thriving Rotorua industrial precinct with excellent connectivity, the site is highly accessible from SH 30A and also close to State Highway 5—making it ideal for day-to-day operations and customer or supplier access.
This freehold offering built in 1983 comprises a tidy 380sqm (more or less) industrial building on 556sqm (more or less) of land, split into two separate tenancies. Currently untenanted, the property presents an outstanding option for an owner-operator seeking practical workspace, or an investor looking for straightforward industrial income potential.
The front building (approximately 254sqm) features road frontage, customer parking, a reception area, amenities, and an open warehouse area—an ideal layout for businesses that benefit from visibility and customer-facing space.
The rear building (approximately 125sqm) is located at the back of the property and includes aluminium joinery doors. This space could potentially be converted back to a roller door (subject to confirmation and necessary works), offering flexibility to create a workshop, storage facility, or additional operational space.
With the property offering two tenancies, it also suits a range of income and usage strategies—such as operating from one area and leasing the other for holding income.
Current market rental values reflect strong leasing potential: the rear space is valued for lease at $18,450 plus opex and GST, and the front space at $38,100 plus opex and GST.
The vendor has owned the building since 2007 and is realistic about the market, now wanting to retire his investment. This is a very well-presented commercial investment opportunity—call me for a viewing and don’t miss out.
Deadline Sale: 4:00pm, 4th December 2026 (unless sold prior).


Agency Reference: RT261001

Listing ID: 43166161

Mixed Use - Retail, Industrial & Resi Income

282-284 Kaikorai Valley Road, Dunedin will be sure to appeal to those investors wanting to add a Mixed Use property to their portfolio.

Situated on a corner quarter acre section, on the busy Kaikorai Valley Road, this property (comprising of three separate buildings) - combines 5 tenants, across 3 different asset classes.

Fronting the street is a takeaway shop and a beauty salon, while in the next building is a vape store, and in behind that compact 3 bedroom residential flat. Accessed down a drive way at the rear, is a very tidy modern industrial building, (constructed in 2023), with a Government tenant.

• Land Area: 1,012sqm (more or less)
• Total Floor Area: 432sqm (approx)
• Residential Income: $26,000 pa
• Retail & Industrial Income: $99,500pa + GST + outgoings
• 5 Income Streams - Split Risk

Attractively priced and for genuine sale. offering the next owner split risk returns.

For Sale at $1,670,000 plus GST (if any)

Contact the nominated broker for more information.

Listing ID: 43166206

Attractive Return- 15 Year Lease

• High profile corner location
• Returning $186,000pa plus GST & Outgoings
• 15-year lease from December 2025

• Vibrant Rototuna Village setting

Positioned in the heart of Rototuna Village, this high-profile hospitality tenancy benefits from its prominent corner location together supported by excellent local amenities, high foot traffic, and proximity to well-established residential catchments. Lonestar Rototuna is surrounded by a strong mix of office, food & beverage, retail and service providers, with national brands including Woolworths, New World and BP close by. Call the Sole Agents today for an inspection or further information.

Listing ID: 43166497

Passive Investment in Main Street Position

39-43 Main Street, Gore presents a compelling opportunity to acquire a well-positioned commercial asset with a proven occupancy history.

The property has been occupied for many years by La Hoods Pharmacy, a highly recognised and regarded local business, alongside a complementary beauty tenancy on the first floor. Together, these occupants provide consistent foot traffic and reinforce the property's role within the local retail landscape and community.

Situated on Main Street, Gore's primary retail thoroughfare, the property enjoys excellent exposure and accessibility within the town centre. Its central location supports ongoing tenant success and positions the asset to benefit from steady local trade.

Property Highlights:

• Total land area of 476m² (more or less)
• Zoned Mixed Use
• Total annual rental of $162,627pa plus GST (approx)
• Situated in a profile position on Gore's main street/SH1
• Long term leases in place to established tenants

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

Contact the nominated broker for more information.

Listing ID: 43166517

Visibility, views and commercial opportunity

An opportunity to secure commercial land in the established Commerce Place subdivision, with four sections now available for sale and some standout features that set this location apart.

Positioned in the Awapuni business precinct, Commerce Place offers an attractive setting for businesses looking to secure land for future development, owner-occupiers planning their next move, or investors seeking a foothold in an established commercial area.

One of the subdivision’s key attractions is its outlook, with views extending across the ocean towards Young Nick’s Head. Lots 4 and 7 offer the added advantage of State Highway exposure, providing excellent visibility and profile for businesses looking to maximise their presence.

Zoned Rural Industrial A, the sections provide an opportunity to establish a business in a recognised commercial location, with convenient access to the Gisborne CBD, port, airport and key transport routes.

With Lots 4, 6, 7 and 8 now available, buyers can secure an individual section or consider purchasing multiple lots, subject to availability.

Tender (unless sold prior)
4pm, Wed 16 Dec 2026
Bayleys, 10 Reads Quay, Gisborne

Listing ID: 43166536

Omaka Business Park – Where Marlborough gets to work

Stages 1 and 2 are now selling at Omaka Business Park, offering freehold industrial land and the freedom to create premises designed around your business.



Positioned on Aerodrome Road, Blenheim, Omaka Business Park presents an opportunity for owner-occupiers, developers and investors to secure industrial land within a master planned business park.



With currently available lots ranging from 1,395sqm to 4,100sqm (more or less), the development caters to a variety of requirements, from smaller trade premises and workshops through to larger industrial and warehousing facilities.



Industrial 1 zoning supports a broad range of activities, including light industrial operations, warehousing, trade suppliers and service industries, subject to applicable planning requirements.



Designed with functionality and presentation in mind, the business park's masterplan incorporates internal roads, landscaped streetscapes and pedestrian and cycling connections. Protective covenants are intended to maintain the quality of the development as businesses establish themselves.



Located approximately 5km from Blenheim's CBD and 8km from Marlborough Airport, Omaka Business Park offers convenient access to State Highways 1 and 6, connecting businesses with Picton, Nelson, Christchurch and key regional freight routes.



Whether you're establishing a new premises, expanding existing operations or investing in industrial property, Omaka Business Park offers the opportunity to secure your own site and develop a facility tailored to your requirements.



Omaka Business Park – Where Marlborough gets to work



For Sale by Negotiation



Contact Grant Thorpe or Zak Thorpe at Marlborough Commercial to discuss available sites and explore the opportunities Omaka Business Park has to offer.