Commercial property for sale

Listing ID: 43015339

ICONIC THEATRE AND MEDICAL INVESTMENT

Deadline sale: Closes on Thursday 30 April 2026 at 2:00PM (unless sold prior)

Positioned on a high-profile corner site on Dominion Road, just 2.6 km from the CBD, and an easy walk to the local shops, the site is perfectly placed to benefit from Auckland's ongoing urban growth and transit-oriented development.

A combined 1,377m² landholding with favourable zoning and an elevated, sunny westerly aspect, underpinned by Mt Eden's median house sale price of $1,700,000, positions this property strongly for future development.

427 Dominion Road comprises a 938m² reinforced concrete structure offered with vacant possession, presenting a unique canvas for a variety of users. Its substantial internal volume and character features make it well-suited to a gym, church, venue, or bespoke conversion.

1 St Albans Avenue is a classic Auckland villa that has been successfully converted for medical use. Currently occupied by an established medical tenant of nearly a decade, it provides a reliable income stream, with options for access if required.

Whether sought for its unique occupation possibilities or longer-term intensification site, this is a standout opportunity to secure a substantial footprint in a highly desirable Mt Eden location.

KEY FEATURES:

• Strategic 1,377m² combined site with dual street frontage
• Iconic 938m² character building available for immediate occupation
• Versatile internal space ideal for a church, gym, or residential conversion
• Established medical tenant providing immediate holding income
• Favourable Mixed Use and THAB zoning for high-density development
• Options to buy one or both properties

Listing ID: 43015444

Large Town Centre Investment with Upside

An exceptional opportunity to secure a substantial, fully leased freehold commercial property in the tightly held Wanaka town centre.

Positioned on a prominent double site of approximately 1,740m², the property boasts an impressive frontage of around 45.3 metres to Ardmore Street. The improvements comprise three separate buildings, constructed between the 1950s and 2006, providing a combined net lettable area of approximately 1,319m².

Currently developed to around 60% site coverage, the underlying zoning allows for significantly greater height and density, presenting strong long-term redevelopment potential.

The property has high profile to Ardmore Street that is an extension of State Highway 84 the main entrance into Wanaka from the east.

Investment Highlights:
• Prime town centre location at the main entrance into Wanaka's Town Centre
• Regular shaped freehold land area of 1740m² (more or less)
• Contract Rent $502,225 plus outgoings and GST per annum
• Fully leased to a solid mix of local and national tenants including Kiwibank
• Excellent redevelopment potential with current site cover of approximately 60% and the ability to build significantly higher.
• Net Lettable building area of approximately 1319m² plus decks
• Large frontage of approximately 45.3 metres to Ardmore Street

For Sale by Deadline Private Treaty, 4pm Thursday 30 April 2026 (unless sold prior).

Contact Geoff McElrea to arrange an inspection, or to access the online data room for further information.

Listing ID: 43015507

Strategic Investment in High‑Demand Precinct

Colliers is pleased to present this high quality, modern leased investment to the market.

The property is fully leased to Generation Windows and Doors and NZ Frameless Glass, both well established operators providing investors with reliable income supported by fixed rental growth.

Completed in 2024, the building offers a thoughtfully designed layout featuring modern office and showroom space over multiple levels, a clear span warehouse with multiple roller doors, and a versatile, multi access yard. The site also provides full drive around functionality, making it highly efficient for large truck movements, vehicle loading, and general logistics operations. New, modern industrial properties of this calibre are increasingly hard to come by, further enhancing the long term appeal.

Positioned in the highly sought after Hornby precinct, the property benefits from close proximity to Christchurch’s premier industrial hub and seamless access to key transport routes.

For investors seeking a low maintenance, contemporary industrial asset, this opportunity stands out as one not to be missed.

For sale by deadline (unless sold prior) closing 4pm Wednesday 22nd April 2026.

Call the sole agents for further information or to arrange an onsite inspection. 

Features:

• 4,262 sq m Freehold title
• 2,269 sq m Industrial building
• Hornby leased investment
• Popular industrial location
• Fixed annual rental growth 2.5% pa
• Annual rental $361,438 pa + GST + OPEX
• Functional property design
• Completed 2024

More information: https://www.colliers.co.nz/p-NZL67039376

Listing ID: 43015731

Live, Work & Reel in the Opportunity

Here's something truly special - a rare chance to secure not just a home, but an entire lifestyle and business opportunity in one.
Set on a 486m2 site, this character-filled property has stood the test of time, evolving and thriving through generations. Today, it offers a unique combination of a well-established Bait & Tackle retail store below, and a spacious, stand-alone apartment above.

Step inside and you'll immediately appreciate the warmth and charm of native kauri flooring, flowing throughout both the shop and the upstairs living space. The apartment provides comfortable, private living with room to relax, while just downstairs, the retail space continues to serve as a hub for locals and visitors alike.

Whether you're looking to be your own boss, invest in a proven business, or embrace a more self-sufficient coastal lifestyle, the options here are as broad as they are exciting.

This is more than a property - it's a legacy, a livelihood, and a lifestyle all in one and it could be yours hook, line and sinker.

Opportunities like this don't come along often - secure your slice of something truly special today.
Asking Price: $620,000 plus GST (if any).

Listing ID: 43015803

Industrial Sections for Sale – Innes Street

An outstanding opportunity to secure one of 14 industrial sections in the well-established and thriving industrial precinct. These sections range in size from 600 square metres to 2,800 square metres, offering flexibility for a wide range of business or development requirements. Purchasers also have the ability to combine or adjust section sizes at this stage of the subdivision process, allowing you to tailor the site to suit your operational needs.

Each section will have power, water, and sewer services available to the boundary, making them ready for future development. Ideally positioned close to the city and with easy access to main arterial routes north and south, the location provides excellent connectivity for transport, logistics, and business operations. The subdivision is currently underway, and sites can be secured now with a 10% deposit pending issue of title. Opportunities like this in a quality industrial location are increasingly scarce.

Key Features:

• 14 industrial sections available
• Sizes ranging from 600m² to 2,800m²
• Ability to combine or adjust section sizes
• Power, water and sewer services available to each site
• Located in a thriving industrial zone
• Close to the city with excellent access to main north and south routes
• Secure with 10% deposit pending title issue

Listing ID: 43017682

Industrial gold, rare as it gets

•2,200sqm freehold light industrial site with easy State Highway 1 access
•Vacant on possession, first time on the market in 26+ years
•206sqm workshop with three-phase power on a flat, fenced site
•Ideal for developers, owner-occupiers, or investors

Positioned in the heart of Whangarei’s Southern Light Industrial Precinct, this exceptional 2,200sqm (more or less) freehold site presents a rare opportunity. Offered to the market for the first time in over 26 years and available with vacant possession, this property provides unmatched flexibility to develop, occupy, or invest.

The site features a 206sqm (approximately) workshop equipped with three-phase power. Its flat, predominantly rectangular layout is metaled and fenced, ensuring ease of access, operational efficiency, and security.

With convenient access to State Highway 1, the property benefits from excellent connectivity and strong positioning among established industrial businesses and key infrastructure. This strategic location enhances both day-to-day functionality and long-term value.

Opportunities of this calibre are rarely available in Whangārei’s tightly held industrial market. Whether you’re looking to establish, expand, or invest, this development-ready site delivers immediate usability and future growth potential.

If you have any questions or would like to arrange a viewing, please contact the sole agents.

Daniel Sloper
021 022 10339
daniel.sloper@bayleys.co.nz

Nigel Ingham
021 562 919
nigel.ingham@bayleys.co.nz

Listing ID: 43018756

Premier George Street Investment

Exceptional George Street Opportunity with Proven Versatility

• Strategic Land Holding: 597sqm of freehold land, fully fenced with four on-site parking spaces.
• Substantial Character Build: Expansive two-storey residence covering over 464sqm.
• High-Capacity Layout: Comprising 20 rooms, including seven ensuite options.
• Consented Growth: Land use consent is in place for residential activity for 20 habitable rooms.
• Safety & Compliance: Fully equipped with a modern security system, smoke alarms, and a comprehensive sprinkler system.
• Prime Location: Just 400m to Dunedin’s CBD and the University of Otago.

The Opportunity

Presenting a compelling opportunity to acquire both land and building in the sought-after Inner City Residential zone. Currently operating as a professionally managed boarding house (formerly the well-known “Kiwis Nest Backpackers”), the property’s future is limited only by your imagination.
Whether you choose to continue its current use, revert to a high-end hostel, or utilise the existing land use consent to transform the space into contemporary inner-city residential apartments, the bones of this character residence provide the perfect canvas.

Why Invest?

Investors seeking significant upside and versatility will recognise the rarity of a property this size in such a central location. This is an extraordinary chance to secure a charming, income-generating multi-unit investment in the heart of Dunedin.

Call today to schedule a private viewing and explore the full potential of this George Street gem!

Listing ID: 43019902

Check This One Out!

This is a standout passive industrial investment, anchored by the sole VTNZ operation in Rotorua. The property provides comprehensive WOF and COF testing for both light and heavy vehicles, complemented by modern offices, customer waiting areas, and generous on-site parking.

Extensively upgraded to meet tenant requirements, the premises have benefited from significant capital improvements, including re-roofing the office areas as well as enhancing office and customer amenities. These works are being repaid via an amortised structure through to September 2027, in addition to the current rental income.

The long-standing tenant entered into the current lease agreement in 2014, with a secure lease now extended through to 30 September 2030, plus two further rights of renewal. The property currently delivers a strong net return of $175,000 + GST per annum, plus the additional monthly loan repayments.

Positioned on a substantial landholding across three titles, the property enjoys dual access with drive-through capability between Marguerita Street and White Street. Located in the highly sought-after Fenton Park precinct, the area is a well-established hub for light industrial and trade retail activity, with neighbouring occupiers including PGG Wrightson, Farmlands, and TWL.  

Call Mark for more information and to view.

Features:

• Current net rental $175,000 + GST
• Committed, long-term tenant
• Great passive investment

More information: https://www.colliers.co.nz/p-NZL67039368

Listing ID: 43020029

For sale – high-profile hospitality investment

Well located in a busy commercial precinct, this established bar and gaming venue sits directly opposite Woolworths and is surrounded by strong national brands including Subway, Hell Pizza, and AA - driving consistent foot traffic and tenant performance.

Leased to an established operator, this is a hands-off investment with long-term security and built-in growth.

Key Highlights

• Long-term lease to 2034 including 2 x three year renewals
• Market rent reviews for future growth
• 200m2 building on 321m2 land
• Proven hospitality tenant (bar and gaming lounge)
• High-exposure location opposite Woolworths
• Surrounded by strong national brands

A smart, entry-level commercial investment offering secure income in a prime Napier location.

Contact Property Brokers for further information.

Listing ID: 43020381

Central Te Rapa Investment

• Industrial building of 2,156sqm approx. with high stud warehouse
• Functional secure concrete yard
• New three year lease will be signed prior to settlement returning $240,000pa plus GST & Outgoings
• Land area of 3,145sqm (more or less)
• Seismic rating above 67% NBS

Located in Sheffield Street between the intersections of Northway Street and Sunshine Avenue. Sheffield Street is part of the central Te Rapa industrial precinct which includes a number of local and national businesses such as Provida Foods, Anzor Fasteners, NES Generator & Pump Hire, JP Marshall Engineers to name a few.

The property features a well presented industrial building, including a high stud warehouse and office component with a central Te Rapa address. A secure yard area enhances operational efficiency and suits a wide range of industrial users. The substantial freehold landholding of 3,154sqm (more or less) further adds to the asset's versatility future potential. The property has a road frontage of nearly 63 metres which provides a number of future opportunities. The Vendor is providing a lease back holding income, opportunities exist for future planning. Call the agents today to view this opportunity. It has all the right elements.

Listing ID: 43020636

Onehunga Mixed Use with upside - occupy or develop

• 653sqm (more or less) freehold site
• 125sqm (approx.) office/ villa
• Car parking at front and industrial yard at the rear
• Business – Mixed Use zoning with 21m height overlay
• Options for occupiers, developers and add-value investors

This versatile freehold Mixed-Use property offers a unique opportunity for a range of purchasers. For sale with vacant possession.

The 653sqm (more or less) site is regular shaped and zoned Business – Mixed Use with a 21m height overlay. Strategically located close to the Onehunga town centre, Dressmart and South-Western motorway which provides access to the airport and CBD, the property is also within walking distance of the Onehunga train station.

A single bay villa is positioned at the front of the site together with off-street parking which was recently occupied by commercial offices. A yard is located at the rear of the property, which was previously the foundations for a 228sqm warehouse, and is partially surrounded by a concrete block wall.

59 Galway Street offers plenty of upside and should be considered by commercial and industrial occupiers, developers and add-value investors.

Listing ID: 43020638

First time on the market ever - occupy or invest

• High profile suburban mixed-use investment with multiple income streams
• Vacant first-floor office provides owner-occupier appeal or scope to convert back to residential use
• Elevated ridgeline position with sweeping Auckland city views in a well connected North Shore location

Positioned on a prominent suburban ridgeline site, this high-profile mixed- use investment offers multiple income streams together with genuine future flexibility. Returning a diversified holding income from the existing tenancies, the real point of difference is the vacant first-floor office which will appeal to owner-occupiers seeking a business base with profile, or purchasers looking to convert the space back to residential use.

Held by the same family since construction and presented to the market for the first time, the building has been maintained with exceptional care throughout its life. Elevated in a ridgeline position with impressive views back toward Auckland city, this is a tightly held asset combining split-risk income, occupancy upside and long term land value in one compelling offering.

The property is partially tenanted, returning a net rental of $93,978.18pa + GST and outgoings. Full tenancy details are available on request.

Listing ID: 43020741

Freehold mixed-use State Highway 4 opportunity

444 State Highway 4 presents a mixed-use freehold property comprising hospitality premises and an attached residential dwelling across two titles totalling approximately 1,998sqm (more or less). The offering provides a functional combination of commercial and residential space, supporting a live-work style ownership.

The property includes a heritage class C building, adding character and presence while contributing to its established identity within the Upokongaro community.

The premises are equipped with hospitality infrastructure including commercial kitchen facilities, dining areas and service spaces, complemented by a spacious outdoor area with decking, seating and dining set amongst mature trees. This creates an appealing environment for patrons and provides a practical foundation for a purchaser to establish their own business or configure the property to suit their individual requirements.

The property has scope to service the local community, travellers passing through the area, and visitors drawn to the nearby Whanganui River and surrounding natural environment, including bird watching enthusiasts. This provides a base for a new operator to build on, with potential to explore extending the offering, including an on-licence and longer operating hours, subject to the necessary council consents.

The dual-title configuration and overall site layout offer flexibility, while the existing improvements allow for a range of potential uses or concepts.

For clarity, the property is being offered as a freehold land and buildings opportunity, with the existing fit-out included. No business financial information will be provided.

444 State Highway 4 is offered for sale by Deadline Private Treaty with all offers to be received by 3pm, Thursday 7 May, 2026 (unless sold prior).

Listing ID: 43023731

Prominent Frankton Industrial Opportunity

A rare opportunity to secure a substantial, well-located industrial landholding in the heart of Frankton's tightly held industrial precinct.

Comprising three adjoining industrial titles, 13, 15, and 17 Glenda Drive offers a combined land area of 3,457sqm, predominantly configured as a level, gravel yard - ideal for a range of industrial, trade, logistics, or development uses. The property provides flexibility for owner-occupiers, investors, or developers seeking scale in one of Queenstown's most established commercial locations.

Improvements include a three-bay industrial workshop with associated office and amenities (circa 240sqm), positioned in the rear western corner of the site. This provides immediate functionality while preserving the majority of the land for yard use or future development.

The property is exceptionally well positioned opposite the main entrance to the Pak'nSave and Mitre 10 development, with Bunnings Warehouse directly adjoining the rear boundary - placing it at the centre of one of Queenstown's busiest large-format retail and trade hubs.

Property Breakdown:
13 Glenda Drive
Land Area: 996sqm
Building Area: 240sqm (workshop, office & amenities)

15 Glenda Drive
Land Area: 1,085sqm
Predominantly undeveloped gravel yard

17 Glenda Drive
Land Area: 1,376sqm
Predominantly undeveloped gravel yard

Key Highlights:

• Total land area of 3,457sqm across three titles
• Flexible holding with existing improvements
• High-profile Frankton industrial location
• Excellent exposure and accessibility
• Surrounded by major national retailers and trade neighbours
• Rare large-scale industrial land opportunity in Queenstown

This is a standout offering in a land-constrained market, well suited to occupiers seeking yard space, investors land banking, or developers pursuing long-term upside.

The property is offered For Sale by Deadline Private Treaty closing 4pm Thursday 30 April 2026 (no prior offers).

For further information or to arrange a viewing, please contact the exclusive agents Rory O'Donnell, James Valentine or Tim Thomas.

• image boundary lines are indicative only

Listing ID: 43023833

Entry-Level Freehold Investment in Nelson

Positioned in Nelson's established industrial precinct, 106 Vanguard Street offers a freehold site of approximately 417 sqm, with a functional light industrial building of approximately 148 sqm. The building includes approximately 28 sqm of office and amenities, 65 sqm of workshop space, and 55 sqm of food processing area, plus sealed yard areas, secure rear-yard access, a storage container, and on-site parking.

For investors, the hard work has already been done. The property is leased to Yum Inc. Limited on a 3-year term from 1 August 2024, with one further 3-year right of renewal. The current rental is $35,844 per annum plus outgoings, with fixed annual increases of 3%, providing built-in growth from the outset.

The property is zoned NCC Inner City - Fringe and is located in a well-established commercial and industrial area close to Nelson's city fringe. The building is tidy and well-maintained, with upgraded office and amenities and modernised processing areas, making this an attractive, manageable investment for seasoned buyers and first-time commercial investors alike.

If you have been waiting for an entry-level commercial investment with income in place and genuine appeal, this is one you should consider seriously. The seller is serious and committed to a sale, and all buyers are encouraged to act.

To view more information and download the property files, head to our Ray White listing here: https://rwrichmond.co.nz/RCH31262

Auction:
12pm, Tuesday 28 April 2026 (unless sold prior)
1 Estuary Place, Richmond

Listing ID: 43023881

Professional office, ideal for owner occupiers

69 Cleghorn Street presents a rare opportunity to secure a well-established commercial premises in a predominantly residential area, perfectly suited to owner-occupiers looking for a professional base for their business.

Situated within the Urban Residential 2 Zone, the property benefits from established use rights, having been used as office space continuously since 1992. This means the existing commercial activity can continue even if future district or regional plan rules would otherwise classify the use as non-complying. These rights apply as the activity was lawful when first established and has continued with a similar scale and intensity, provided the use has not been discontinued for a period exceeding 12 months.

The premises offer a practical and functional internal layout, making it well suited to a range of professional or service-based businesses. The building includes a welcoming waiting room for clients, office/reception area, separate office space, storeroom, kitchenette, and bathroom facilities, providing a comfortable and efficient working environment. With its approachable scale and layout, the property offers the flexibility of a commercial office within a building that retains a residential-style feel.

Parking and accessibility further enhance the appeal of this property. There is excellent on-street parking available directly outside the premises, along with a generous public parking area located across the road, providing convenient access for both staff and visiting clients. Adding to its appeal is the property’s excellent location in Redwoodtown, positioned just moments from the Redwoodtown Village shopping precinct. The area is well known for its strong mix of local retailers, cafes, and essential services, creating a convenient hub for both staff and clients.

For more information contact Michael Ryan or Jake Arnesen, your exclusive Bayleys listing agents

Listing ID: 43024093

Prime Corner, Drive Through Potential

This prominent Industrial 1 zoned corner property on State Highway 1 offers substantial redevelopment potential together with immediate owner-occupier opportunities.



Occupying a commanding position at the intersection of Main Street and Sutherland Terrace, the site enjoys exceptional visibility, strong passing traffic and high-impact signage opportunities alongside neighbouring high-profile national brands including McDonald’s, Burger King and Guthrie Bowron.



Set on 895sqm (more or less) of land, the property includes a versatile 228sqm (more or less) two-storey building that can be retained, modified or removed entirely.



For developers, the generous land size, prime corner location, two dedicated vehicle crossing entrances from Sutherland Terrace, on-site parking and yard space create an outstanding platform to pursue change of use consent for higher-value commercial redevelopment in this proven location.



For owner occupiers, the ground floor provides a functional showroom, workshop and office space ready for immediate use or conversion, while the upper level features a two-bedroom caretaker’s flat with kitchen, lounge and bathrooms, ideal for live-work or staff accommodation.



A rare opportunity to secure a high-profile Blenheim site with genuine flexibility for both forward-thinking developers and ambitious owner occupiers.



Key features

• Industrial 1 zoned corner site on SH1 offering exceptional visibility and strong redevelopment upside
• 895sqm (more or less) land with dual vehicle crossings from Sutherland Terrace plus on-site parking
• Excellent owner occupier opportunity with versatile 228sqm (more or less) building featuring showroom/workshop space and two-bedroom caretaker’s flat

For Sale $1,295,000 plus GST (if any)



Form more information or to view, contact the exclusive agents Zak Thorpe or Grant Thorpe

Listing ID: 43024267

Town centre commercial land - Mangawhai

Two vacant commercial development sites positioned on the high‑profile corner of Moir Street and Molesworth Drive in central Mangawhai. Lot 1 (approximately 1,250sqm (more or less) and Lot 4 (approximately 1,312sqm (more or less) are available individually or together and benefit from Business - Commercial zoning.

The sites offer strong road frontage, exposure and accessibility within Mangawhai’s established commercial core. Approved resource consent and architectural plans provide a clear development framework and a de‑risked pathway, with flexibility to proceed with the consented scheme or adapt the design to suit alternative commercial outcomes, subject to approvals.

Surrounded by supermarkets, service retail, hospitality operators and growing residential catchments, the location supports sustained demand for new commercial development. As Mangawhai continues to grow as a permanent township, centrally located commercial sites of this nature remain tightly held.

Listing ID: 43024374

Motorsport Sheds at Gasoline Alley, Taupō

Motorsport Sheds at Gasoline Alley, Taupō 

• Arrive & Drive at Taupō International Motorsport Park

• Limited Availability

• 90m² Floor Area

• 3.9m x 4m Motorised Roller Doors

• 5.86m x 14.7m Internal Dimensions

• LED Lighting & Power Outlets

• Shared Toilet Facilities 

• 8 Minutes to Taupō’s CBD

Secure your own shed at a world-class motorsport facility, conveniently located in the Central Plateau. Each of the remaining six sheds offers all you need to maintain, upgrade, and store your prized machine. Thoughtfully engineered, the sheds offer durability and security.

Taupō has a rich history with motor racing. The track was extended in the early 2000s to host A1GP and has since evolved from a beloved grassroots track into a world-renowned facility. Under the stewardship of Tony Quinn, the track has maintained its grassroots DNA whilst hosting major annual events such as Supercars, Historic GP, NZ Superbike Championship, D1NZ, and RE-Union, the world's largest gathering of rotaries.

The sheds are exclusively for GT Members, motorsport enthusiasts who enjoy 80 track and GT Lounge sessions each year, plus VIP access to events.

Complimentary businesses located at TIMP include Isaac Performance Vehicles, Henson & Murray Engine Rebuilders, and Prime Motorsport. 

If you like the smell of high-octane fuel and burnt rubber, call Tom today.

Listing ID: 43024419

Aged care income in blue-chip Devonport

• Secure aged care investment at 22 Calliope Road, Devonport, occupied by Kingfisher House (dementia care) in a tightly held village-fringe location
• Established tenant, operating a premium dementia care offering from the property
• Current rental of $157,874.75 + GST p.a. on 10-year initial term plus renewal rights extending to a final expiry of 30 November 2050

Positioned in the heart of Devonport, 22 Calliope Road presents a tightly held investment in an increasingly sought-after sector, underpinned by non-discretionary aged care demand and a proven operating location. The property is occupied by Kingfisher House, a specialist dementia care provider trading from the site, offering investors exposure to a defensive healthcare/aged care asset class in one of Auckland’s most established and affluent coastal suburbs.

The income profile is backed by a traditional commercial lease (ADLS) providing a passive 10 + 10 +10 lease structure with built in rental growth via a combination of market and CPI/fixed reviews with personal guarantees.

For purchasers seeking resilient cashflow with sector relevance and long-term positioning, this is a compelling Devonport offering combining healthcare-backed use, established occupancy and enduring location appeal. The asset is likely to attract investors looking for a passive income stream today, with confidence in the essential-service nature of the underlying operation and location.