Commercial property for sale

Listing ID: 43024485

Fully refurbished and ready to occupy

• Recently refurbished
• 312sqm (approximately) industrial unit in central Manukau
• Vacant possession
• Automotive-friendly
• Six (6) allocated car parks

Bayleys is proud to present 14J Ryan Place, Manukau, for sale with vacant possession. This recently refurbished 312sqm (approximately) unit offers a functional warehouse-to-office ratio, making it well-suited to a range of owner occupiers.

The recent refurbishments include the following works:

• New roller door
• New toilets and sinks
• New carpet
• New epoxy floor
• Internal and external paint
• New LED lighting

Investors should also note that this turnkey opportunity is located in the tightly held Manukau industrial precinct, a consistently sought-after location for tenants.

Ryan Place benefits from a highly sought-after Manukau location, with immediate access to Cavendish Drive and just minutes to State Highway 1. This allows for efficient transport links to Auckland Airport, Wiri, and the wider Auckland motorway network, making it an ideal base for logistics, trade, and service-based businesses.

For further information or to arrange a viewing, get in contact with the sole agents.

Listing ID: 43029187

Iconic landmark with further income potential

74 Grey Street – one of Gisborne’s most iconic and prominent commercial properties, presenting a landmark investment opportunity rarely seen on the market.

Situated on a generous 5,094sqm (more or less) with dual access from Grey and Bright Streets, this freehold property offers outstanding exposure and convenience. The building features 6,152sqm (approximately) of floor space over 5 levels and a substantial rear parking area accommodating nearly 60 vehicles. Originally built in 1970 as Gisborne’s new post office, it has been extensively upgraded over its 56-year history. Modern refurbishments include smart office spaces, contemporary meeting rooms, and staff amenities on every floor, while earthquake strengthening to 70% NBS ensures security, longevity, and peace of mind.

The property includes offices ranging from approximately 25sqm to 700sqm, with undeveloped ground floor areas providing further growth potential. Tenancy is diversified across a variety of professional tenants, offering strong rental income and excellent opportunities to increase returns even further. With superb views across the city and beyond from many upper floor tenancies, 74 Grey Street combines prime location, versatile office layouts, and high-quality upgrades, making it a rare commercial investment in Gisborne.

Properties of this calibre seldom come to market. Ideal for syndicates, family trusts, or investors seeking long-term returns well above term deposits – tenders now open for 74 Grey Street. Don’t miss this rare opportunity.

Tender (unless sold prior)
4pm, Thu 14 May 2026
Bayleys, 10 Reads Quay, Gisborne

Listing ID: 43029201

Receivership sale – Must be sold

Pharmazen Ltd are now in receivership, and the instructions from the receivers are clear that this asset must be sold. 

The steel portals are up, roof is on and the floor slab has been largely completed. The more specialized components of the building, being a cold storage area and separate laboratories, were not started so the building footprint to date is a relatively generic industrial offering.

With Orion owned transformers installed at the road front, the owners had plans for this property to have allocated a huge power supply (this availability would need to be confirmed with Orion).

Designed with production in mind, the medium-stud warehousing totals just over 2800sqm and has been constructed with multiple service conduits through the slab to allow for flexible production layout. 

Positioned in the popular Tawhiri Industrial Park which adjoins the hugely successful 180ha Izone industrial development, the L-shaped freehold title totals approx. 1.40ha providing for significant expansion options or potential subdivision in time to come.

Unlock the value by completing this project and reap the significant rewards. Available for definite sale, all formal offers will be considered. 

For sale by the receivers by way of Deadline Private Treaty: 4pm, Wednesday 20 May 2026 (unless sold prior). 

*Boundary lines are indicative only.

Features:

• Circa 3,000sqm partially constructed building
• Freehold title of 1.3989ha
• Receivership Sale – must be sold
• Significant upside ability for the new owner
• Positioned in the popular Tawhiri Industrial Park
• L shape title with ample excess land
• Significant expansion options
• Medium-stud warehousing

More information: https://www.colliers.co.nz/p-NZL67039788

Listing ID: 43029204

Top Tier Industrial Investment with Long Term Lease

A strategic and highly functional industrial investment, positioned on a high profile corner, leased to a leading earthmoving and civil construction business on a long term lease.

Occupying a commanding 6,689 sqm site with wide frontages to the main arterial routes of De Havilland Drive and Corbett Road. Improved by a modern, and versatile industrial facility with a clear span warehouse, well apportioned offices, ample car parking and a 3,000 sqm sealed yard.

The property has been occupied by Denis Wheeler Earthmoving Limited since 2018, with a new 5 year lease term from May 2026.

An exceptional industrial property, well located with an established and thriving tenant.

For Sale by Deadline Private Treaty, closing 1pm Wednesday 20th May 2026 (unless sold prior)

For more information or to arrange an inspection contact:

Benet Carroll
021 028 94537

benet.carroll@colliers.com

Please note: all floor areas are approximated only.
 

Features:

• Net Annual Rental: $134,000 plus GST p.a.
• 5 year lease to leading earthmoving business
• Fixed rental increases
• High profile corner site - great access
• Functional site with expansive secured yard

More information: https://www.colliers.co.nz/p-NZL67039644

Listing ID: 43029292

Dominant Auckland Centre - Glenfield Mall

JLL is pleased to present for sale a 100% interest in Glenfield Mall, a Regional Shopping Centre located on Auckland’s affluent North Shore just 8km from the CBD. Glenfield Mall is the dominant shopping centre and community hub across the vast catchment spanning some 250,000 people in the total trade area.

Investment highlights:

• Dominant – spanning 30,538 sqm of lettable area and underpinned by a blue-chip anchor profile including

• Woolworths, Farmers, The Warehouse, Briscoes, Chemist Warehouse and Toyworld.¹

• Growth – Total Centre MAT above $171 million with foot traffic growing at 2.1% pa since December 2022.¹

• Convenient – highly accessible 4.5ha town centre holding supported by 1,497 car bays. The Centre has a highly defensive income profile with 75% of specialties weighted toward everyday needs.³

• Performance – backed by strong specialty performance with productivity exceeding $10,750/sqm and occupancy costs of just 9.4%.¹

• Rental upside – specialty productivity sits above comparable Auckland basket of centres, whilst average specialty rents sit 43% below this same basket.³

• Affluent, undersupplied catchment — household incomes 27% above New Zealand average and retail floor space per capita 19% below Auckland averages – providing fortress fundamentals.²,³

• Compelling NZ tax framework — no stamp duty, no capital gains tax, no land tax.

• Estimated fully let net income of $11.2 million.¹

For sale via International Expressions of Interest, closing 2:00pm (AEST) / 4:00pm (NZST), Thursday 21 May 2026. For more information, contact the exclusive selling agents at JLL.

Footnotes

1 Campaign financial pack & vendor information, subject to change during campaign.

2 Urbis

3 JLL calculations & research

Listing ID: 43029332

Trophy Boutique Retail Asset

As Exclusive Agents, CBRE New Zealand is proud to present The Shoreline Complex, 98-110 Victoria Street, Te Aro, Wellington for sale.

The Shoreline Complex comprises a fully occupied ground floor retail complex with first floor office/studio space, offering eight retail shops at ground level and a single tenancy to the first floor.

The building, which has a seismic rating of 76% NBS, occupies an island site with principal frontage to Victoria Street and Manners Street. A portion of the property, identified as 29 Manners Street, forms part of Wellington’s main retailing strip, which is colloquially known as the “Golden Mile”.

The Shoreline Complex is occupied by an incredible mix of well-known retail brands including Superette, Trelise Cooper, Stolen Girlfriends Club, Pat Menzies Shoes, Kilt, Repertoire, Lonely and World. The first floor is occupied by Thrive Pilates. The complex currently generates a passing net income of $1,055,040 (plus GST) per annum. The leases typically contain a provision for the Landlord to terminate the leases with 12 months’ notice in the event that the property is required for redevelopment.

Investment highlights include:

• NLA of approximately 1,204sqm
• Incredible mix of well-known national retail & NZ designer brands including Trelise Cooper, Superette and Stolen Girlfriends Club
• Freehold land area: 1,199sqm (more or less)
• Passing Net Income: $1,055,040pa plus GST
• New Butynol membrane roof installed May 2025 with a 20-year warranty from Viking Roof Spec, a division of Viking Group Limited
• Potential to have billboards on the parapets at both the northern end and the ‘Golden Mile’ southern end significantly increasing the current net income
• Triple street frontage, with a pedestrian thoroughfare and Service Lane (St Hill Street) on the fourth side
• Prominent island site in central Wellington
• Well-maintained and presented property
• Seismically assessed as 76% NBS
• 72 metre height limit

The property is being offered for sale by Deadline Private Treaty, closing Wednesday 20th May 2026 at 4pm (unless sold prior). Offers are to be submitted on the prescribed form which can be downloaded via the Electronic Data Room.

CBRE strongly recommends early consideration of this trophy boutique Wellington retail asset and encourages interested parties to get in touch with the Exclusive Agents without delay. For further information, please contact one of the nominated brokers.

Listing ID: 43029417

The Mount's next landmark redevelopment site!

• Mount Maunganui mega-site - develop, landbank or reimagine
• Opportunities of this size, scale and location and are seldom available
• Secure a strategic landholding in a sought-after coastal locality

An exceptional large-scale redevelopment opportunity is presented with the sale of the Mount Maunganui Returned Services Association property located at 544 Maunganui Road, Mount Maunganui.

Occupying a substantial 6,797sqm (more or less) High Density Residential zoned site, this strategic high-profile corner property benefits from three separate street frontages to Maunganui Road, Dee Street and Macville Street - a rare offering of scale within the Mount.

The property is currently improved with approximately 1,929sqm of buildings historically utilised by the RSA. Given the age and condition of the improvements, the primary value lies in the underlying landholding and its outstanding redevelopment potential.

The site will appeal to developers, land bankers and special interest purchasers seeking to capitalise on a prominent and sizeable landholding in one of the Bay of Plenty's most desirable coastal markets.

Centrally located with close proximity to key amenities including The Central Parade Shopping Centre, Bayfair Shopping Centre, Blake Park, Downtown Mount Maunganui Shopping Precinct, the Port of Tauranga, and the Mount's renowned beachfront.

Opportunities of this size, scale and location are seldom available in Mount Maunganui.

Contact the Sole Agents Team Bradley today for more information or to view the property.

Listing ID: 43029508

Superb satellite shopping centre

• Land area: 2,088sqm (more or less)
• Floor area: 797sqm (approximately)
• Tenancy: Diversified tenant mix of six (6) tenants
• Carparks: Convenience of 21 onsite carparks
• Annual Net Income: $202,390 + GST & Outgoings from 15/07/26
• Opportunity: Proven suburban retail model with strong trading history

Occupying a prominent corner site at Millers Road and Jude Place, this modern retail centre sits at the heart of the Bethlehem-Brookfield corridor, where daily convenience, community connection, and consistent patronage converge.

Comprising approximately 797sqm of lettable area across six tenancies, the centre has been carefully curated to deliver a balanced mix of food, service, and lifestyle operators, ensuring consistent activity throughout the day and enhanced by 21 onsite carparks.

At the core of Ridge Plaza is a diversified and resilient income profile, underpinned by tenants that form part of the daily routine for local residents. From morning coffee at Hey Jude Cafe, to essential services at Brookfield Superette, to fitness, beauty, and dining offerings including Wonder Mum Fitness, Castle 91 Indian Eatery, Hair to Stare and Shape Studio - the centre benefits from repeat visitation and entrenched customer loyalty.

For investors seeking a long-term hold with dependable income and future upside, Ridge Plaza delivers a compelling combination of location, tenant strength, and asset quality.

Please contact the vendors sole agents, Team Bradley today for more information or to view this premium retail investment!

Listing ID: 43029552

Road-front industrial investment with growth

A rare opportunity to acquire a high-quality industrial investment in one of Auckland’s most tightly held precincts. This refurbished, road-front property on Honan Place offers strong fundamentals, secure income, and enduring occupier demand.

Key features:

• Net income: $87,550pa + GST
• Four (4) year lease with built-in rental increases
• Approximately 385sqm total floor area
• Recently refurbished, low-maintenance building
• Five (5) allocated car parks
• Three-phase power supply

The property is underpinned by a new four-year lease, supported by a security bond and personal guarantees, providing investors with immediate income certainty. Fixed rental growth enhances long-term performance.

Positioned within the tightly held Rosebank Peninsula, the property benefits from excellent connectivity, located just 2.7km from the Northwestern Motorway, 11km from the CBD, and 18km from Auckland International Airport. The precinct continues to see strong occupier demand, underpinned by limited supply and ongoing infrastructure investment.

Industrial assets of this calibre in Rosebank are increasingly difficult to secure, making this a compelling passive investment with long-term appeal.

Listing ID: 43029609

A-Grade industrial investment

• Modern tilt slab construction
• Prime Rosebank Road industrial location
• Fully leased, returning $99,800pa + GST and outgoings

Positioned within the Rosebank industrial precinct, this modern industrial unit offers investors a rare opportunity to secure a well-located, income-producing asset in one of West Auckland’s most sought-after industrial corridors.

Constructed in the early 2000s, the property features a high-stud, clear-span warehouse with roller door access, complemented by a well-balanced office and showroom component. The tilt slab construction and functional layout ensure long-term appeal to a broad range of occupiers.

The property is fully leased to Xtream Signs Limited and Amplifier Design Limited, currently returning $99,800pa + GST and outgoings. A recent independent rental assessment indicates a market rental of $114,440pa + GST and outgoings, highlighting clear reversion potential at the upcoming market review in August 2027.

Strategically located with immediate access to State Highway 16 and key arterial routes, the property benefits from excellent connectivity across Auckland, reinforcing its long-term investment appeal.

Listing ID: 43029660

Triple income. Prime Mount position.

Bayleys Tauranga is pleased to offer 15 Macdonald Street for sale by auction on 20th May 2026 (unless sold prior)

Positioned within the established Macdonald Street commercial zoned pocket of Mount Maunganui, 15 Macdonald Street offers a proven, income-producing asset in a prime Mount Maunganui location.

The property comprises a 945sqm standalone industrial building on a 1,773sqm (more or less) freehold site, currently configured into three separate tenancies. The tenants operate across a diversified mix of trade and service-based businesses, generating a combined annual rental of $154,329 + GST.

The site provides practical access, on-site parking provisions, and functionality suited to a range of users - key factors underpinning ongoing tenant demand in this precinct. Surrounded by well-known occupiers and within easy reach of key transport routes and the Port of Tauranga, this location continues to attract both local and national businesses. 15 Macdonald Street presents a sought-after investment - multi-tenanted, well-located, anchored by a well sized commercial zoned land parcel in a tightly held market.

Key Features

• Freehold 1,773sqm (more or less) commercial zoning site
• 945sqm (approx.) standalone building
• Three established tenancies
• Returning $154,329 per annum plus GST
• Strategic Mount Maunganui location

With Mount Maunganui continuing to experience strong growth and limited available stock, assets of this nature are increasingly sought after.

Contact Myles Addington on 021 622 229 for more information today.

Listing ID: 43029758

Multi-Tenant Investment in Richmond's Prime Zone

Secure a standout investment in the heart of Richmond's thriving commercial precinct at 237 Queen Street - a high-performing asset offering immediate income and long-term growth potential.

Positioned on a prominent, high-traffic strip, this well-located property is anchored by six established tenants, delivering a diversified and resilient income stream. The multi-tenancy configuration reduces vacancy risk while providing consistent cash flow, making it an ideal addition to any savvy investor's portfolio.

Surrounded by a vibrant mix of retail, hospitality, and professional services, the property benefits from strong foot traffic and ongoing demand for quality commercial space. Its strategic location ensures excellent visibility and accessibility, with convenient nearby parking and transport links enhancing tenant and customer appeal.

With Richmond continuing to experience steady growth and investment, 237 Queen Street represents a rare opportunity to secure a fully leased asset in a tightly held market. Whether you're seeking stable returns or future upside, this property ticks all the right boxes for a smart, future-focused investment.

Key Investment Features:

• Six established tenants providing diversified income
• Fully leased, returning strong and consistent cash flow
• Prime Queen Street frontage with high visibility
• Located in a tightly held and high-demand commercial precinct
• Strong foot traffic supported by surrounding retail and hospitality
• Multi-tenancy reduces vacancy risk
• Excellent accessibility with nearby parking and transport links
• Favourable long-term growth prospects in Richmond
• Ideal passive investment with an immediate income stream

For Sale: $2,950,000+GST (If any)

Listing ID: 43029766

Strategic landholding adjacent to active delivery

• 39,707sqm (more or less) landholding at Auckland's urban edge
• Dual-zoned: Residential Single House and Large Lot
• Flexible terms | Structured options available
• Immediate adjacency to Babich Rise (earthworks underway)

Set on the cusp of Auckland’s westward expansion, 16 Babich presents a substantial development-scale landholding in a location already demonstrating real delivery momentum. Positioned alongside Babich Rise, the property benefits from immediate proximity to active subdivision works and a market embracing "full-size section" living within a valley setting.

The Babich Precinct provides a clear framework for a high-quality product mix. Single House areas can enable minimum site sizes of 450sqm, while Large Lot zoning supports a premium, lower-density outcome, including 1,250sqm minimums with 2,000sqm averaging. This allows for a flexible scheme ranging from standalone housing on generous sites through to larger lots that retain outlook, privacy, and the valley character.

Flexible terms and structured options are available, enabling purchasers to align acquisition with planning, consenting, or staging requirements.

Secure a landholding where planning intent and local enabling works are converging. 16 Babich Road warrants immediate consideration.

Listing ID: 43029795

Corner profile investment with income and upside

• Triple road frontage: Crayford Street West, Great North Road and Geddes Terrace
• Five (5) retail tenancies returning $112,538.73pa + GST
• Two (2) residential dwellings returning $62,400pa including GST
• Town Centre zoning providing future development potential
• Flexible offering – buy one or secure the entire holding

Positioned within the heart of Avondale’s rapidly transforming town centre, this mixed-use freehold asset offers a compelling combination of holding income and long-term upside. The property comprises a well-established retail strip with five tenancies, complemented by two standalone residential dwellings on a single title.

The diversified income stream provides immediate cash flow, while the prominent corner position and favourable zoning underpin future intensification potential. With close proximity to public transport, including Avondale train station and key arterial routes, the property is well placed to benefit from continued growth in the area.

Listing ID: 43029808

Three-In-One Combo

Colliers are excited to present a stand-out investment opportunity that has arisen here on Ihakara Street – one of Paraparaumu’s busiest and tightly-held commercial through-roads!

This well-presented 214sqm (approx.) unit-titled property delivers exceptional versatility, comprising three fully self-contained tenancy areas neatly packaged into one smart, easy-to-manage asset. Configured across a mix of lease terms, the property offers flexibility for the incoming owner. Occupy part while enjoying holding income from established tenants/retain the current structure as a split-risk investment.

The high-stud warehouse with office and amenities will be available for occupation from June, while the remaining two tenancies comprise modern, well-appointed office spaces, each supported by dedicated onsite parking.

Located within a very popular mixed-use zone and positioned on the fringe of the Coastlands Shopping Precinct, this is a location that continues to perform - appealing to a wide range of commercial business users and underpinning long-term value.

A rare three-in-one opportunity offering flexibility, income, and future upside — ideal for both seasoned investors and first-time commercial buyers looking to secure a proven Paraparaumu asset.

Act now – this will get snapped up!

For more information or to arrange a viewing contact:

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

Please note all areas and values are approximate only.

Features:

• Unit 3 - 214sqm over 2 levels
• Investment and/or part occupy
• Spread of 3 tenancy areas - all self contained
• Vacant warehouse space available - June 2026
• Prime, high-demand location

More information: https://www.colliers.co.nz/p-NZL67039573

Listing ID: 43029933

Set-and-forget investment opportunity

Positioned in the heart of Whakatane's town centre, 12-16 Peace Street presents a substantial income-generating commercial asset. Set on a generous 1,643sqm (more or less) leasehold site, the property is improved by a building of approximately 1,113sqm, offering prominent street frontage, excellent visibility and adjacent public parking. The property is within walking distance of Whakatane town centre, providing convenient access to all local amenities.

This established investment is anchored by two proven tenants: PGG Wrightson, occupying approximately 75% of the building, and Jayne's Wool & Fabric, occupying the remaining 25%. Both tenants are secured on long-term lease agreements, generating a combined net income of $111,789 +GST, providing reliable holding income and strong investment security. The property is held under a Whakatane Harbour ground lease on 14-year perpetual rights or renewal, with the next review in December 2038, giving long-term tenure certainty.

With its central location, strong tenancy profile, secure income and excellent accessibility, this property represents a strategic commercial investment in a tightly held market.

• Prime town centre location with high visibility and strong street frontage
• Substantial site of 1,643sqm (more or less) with a well-utilised 1,113sqm building
• Secure, long-term tenants: PGG Wrightson Limited (75%) and Jayne's Wool & Fabric 2018 Limited (25%).
• Proven income stream of $111,789 +GST net, offering immediate return
• Ground lease in place to Whakatane District Council until December 2038, on 14-year perpetual rights of renewal
• Excellent accessibility with onsite, adjacent and nearby public parking.

A standout opportunity for investors seeking a strategic commercial asset in Whakatane.

Listing ID: 43030035

Coastal land opportunity

Positioned on Dawson Road in Snells Beach, this approximately 31.77ha landholding presents a strategic coastal opportunity for landbankers and developers.

Currently zoned rural, the property is underpinned by compelling fundamentals. It sits on the edge of the existing urban footprint, directly adjoining the established Kia Kaha Drive subdivision, with riparian access to the Mahurangi Harbour, and is within short walking distance of Snells Beach Primary School, the shopping centre, and the family friendly beach. The site reinforces its natural alignment with future urban expansion.

Looking ahead, there is clear medium to long term potential for rezoning through a private plan change. Infrastructure investment further supports this outlook, including the upgraded Snells Beach Wastewater Treatment Plant in 2026 and planned transport improvements such as the future connection of Matakana Link Road to Sandspit Road.

Astute purchasers will recognise the scale and coastal position of Dawson Road Estate, which provides an opportunity to work through the respective channels with Council to create a masterplanned development. This is a generational landholding underpinned by location, infrastructure investment and long term growth potential.

*additional reports on property are available by request.

Listing ID: 43030079

Multi-functional building - with options

• Well-presented and versatile showroom/warehouse with Business-light industry zoning
• High-profile position in this established commercial and retail precinct
• Offered for sale or lease, with vacant possession providing options
• A unique opportunity within this multifaceted and easily accessible location

18 Carr Road is in the heart of the established, centrally located Carr Road commercial and retail precinct.
which is home to a range of services and retail outlets and several well-established nearby retail
entities, including Briscoes, Bunnings, Resene, Petdirect, amongst others.

This flexible property offers approximately 635 sqm of floor area, incorporating a warehouse of approximately 497sqm to the rear, with a showroom of approximately 137 sqm to the front facing Carr Road. The property provides ease of accessibility and benefits from 14 dedicated car parks, including 6 to the front.

This strategic and tightly held central location ensures easy access to a wide range of transport systems, including the nearby
Southwestern motorway, multiple amenities, and a range of surrounding established residential and commercial precincts.

Currently occupied by a well-established flooring outlet and surrounded by numerous home and decor-focused retailers and suppliers, the property is being offered for sale or lease, providing the chance for early occupation in this tightly
held commercial precinct.

The property is offered for sale or lease by deadline private treaty closing 21st May 2026 (unless sold or leased prior).

Contact the sole agents now for further details of this exceptional property, with all viewings strictly by appointment.

Listing ID: 43030094

FUTURE URBAN ZONE PUKEKOHE

Opportunity to purchase this 50.2775 hectare (124.2 acres) of Future Urban zoned land in five titles. The majority of the property is proposed to be zoned Residential - Mixed Housing Urban and Residential - Mixed Housing Suburban with a smaller portion being Business - Light Industry zone under the Pukekohe-Paerata Structure Plan 2019.

Road frontages onto Cape Hill Road of approximately 785 metres.

Situated immediately adjoining the northern residential areas of Pukekohe. Parts of the property boast views over Pukekohe and the surrounding rural land. The property is 4.3km from new Paerata Train Station and 2.5km from Pukekohe CBD.

The property has been in the same family for over 60 years and they have now decided to sell.

All investors, developers and land bankers must view.

Listing ID: 43030123

Art deco delight - iconic CBD corner investment

Occupying one of the most prominent intersections in the heart of Whakatane's CBD, this landmark freehold property presents a rare opportunity to acquire a large-scale, income-producing asset in a tightly held location. Positioned on the corner of The Strand and George Street, the property benefits from exceptional exposure and accessibility, capturing consistent foot and vehicle traffic within the town's primary commercial and hospitality precinct.

Set across approximately 2,687sqm (more or less) of freehold land, the property comprises a substantial building of around 2,220sqm (more or less), configured to accommodate multiple tenancies that maximise the site's high-profile position. Its commanding corner presence, complemented by triple street frontage, ensures excellent visibility from all approaches.

Located along the vibrant, tree-lined Strand, and surrounded by boutique retail, hospitality venues and professional services, the property is widely recognised as a key destination within the CBD. Its distinctive Art Deco architecture further enhances its identity as one of Whakatane's most iconic and enduring buildings.

The investment is underpinned by a strong tenancy mix, including well-established hospitality operators such as The Craic Irish Bar, Cobb & Co Restaurant & Bar and the Whakatane Hotel. These long-standing tenants contribute to the property's proven performance and provide a split-risk income stream, reinforcing the asset's resilience.

Opportunities of this scale and prominence are rarely available. With its significant landholding, high-exposure location and established income profile, this property represents a strategic investment with enduring appeal.

More than just a commercial holding, this is a cornerstone asset within the Whakatane CBD, offering investors the chance to secure a landmark property with lasting presence and long-term value.

To be sold by Auction - 10:30am, Tuesday, 19 May 2026 (unless sold prior) at The Comm, 45 The Strand Whakatane.