Commercial property for sale

Listing ID: 43063635

Prime Freehold Motel Investment Central Whangarei

Unlock a substantial investment opportunity in the heart of Whangārei, strategically positioned just off State Highway 1. This expansive freehold offering combines a proven accommodation business with significant underlying land value across three separate freehold titles.
Investment Highlights
• Established by the current owners in 2014, who are now ready to retire and pursue new opportunities.
• Offered as a freehold going concern, with an average annual turnover of $816,390 over the five financial years from 2022 to 2026.
• Cheviot Park Motor Lodge enjoys a loyal base of repeat guests from corporate clients and Government agencies, providing a stable and consistent income stream.
• Its prime location near Whangārei Base Hospital, the CBD and with easy access from State Highway 1 makes it a preferred accommodation choice for business travellers and professionals.
Property Features
• 16 self-contained accommodation units, comprising:

• 9 studio units
• 6 one-bedroom units
• 2 spacious three-bedroom family units

• Manager's residence: A comfortable three-bedroom home positioned above the reception, complete with a single garage for convenient onsite living.

• Guest amenities: Landscaped grounds featuring an outdoor swimming pool, spa pool and BBQ area.
• Quality improvements: The property has benefited from extensive renovations and upgrades, presenting to a modern standard with minimal capital expenditure anticipated in the near term.
Whether you're an experienced accommodation operator, investor or seeking a lifestyle business with strong returns, this is an exceptional opportunity to secure a well-established freehold asset in one of Northland's key commercial centres.
Contact us today for further information or to arrange an inspection.

Listing ID: 43076961

OFFICE, RETAIL & W/HOUSE - CENTRAL HIGH PROFILE

This substantial corner site property comprising around 1,000m2 of floor area on 1,432m2 of land with 18 on site car parks offers exceptional commercial opportunity exceptionally. Is very well located on Palmerston North's high profile and easy-access ring-road.

Convenient for clients, customers and staff, the location delivers amazing value in all regards.

Includes flexible use options.

For more information or to view, call us anytime.

For Sale by DEADLINE FOR OFFERS 31 JULY 2026 (unless sold prior).

Listing ID: 43076962

MULTI-PURPOSE COMMERCIAL

Suberbly located with an exciting combination of high profile, central city easy access location, utility, great car parking and value.

Potential for a multitude of business activities from sales, distribution, service, office and more. The previous tenant is in a changed industry sector and no longer requires this great site which has served it well for over 30 years.

The owners have decided it's time to sell hence this is a fantastic opportunity to acquire the property for your business or as a long term investment property.

FOR SALE BY DEADLINE FOR OFFERS, 4:00pm, Friday, 31 July 2026 (unless sold prior)

Call anytime for more information and to view.

Listing ID: 43076963

TENANTED COMMERCIAL INVESTMENT

Invest in Palmerston North's Iconic Square.

This admired character building is smartly presented with two well established tenancies.

A great income accross the two floors.

The Ground floor tenant is the well established 'Double Shotz Café'.
First floor tenant is the well established 'Kate Vinsen Beauty Therapy'

Call anytime for more information and to view.

DEADLINE FOR OFFERS 7 AUGUST 2026 unless sold prior

Listing ID: 43089042

New 10-year lease extension to Spotlight

Key features:

• Prime 7,643sqm (more or less) freehold corner site on sought-after Te Rapa Road
• Fully leased to six established tenancies returning $814,489pa net + GST
• Anchored by Spotlight on a recently renewed 10-year lease
• High-profile large-format retail investment with excellent exposure and ample onsite parking

369 Te Rapa Road presents a rare opportunity to acquire a substantial, fully leased large-format retail investment in one of Hamilton's most established commercial precincts. Occupying a prominent 7,643sqm (more or less) freehold corner site at the intersection of Te Rapa Road and Garnett Avenue, the property offers outstanding profile, accessibility, and long-term investment appeal.

Anchored by Spotlight on a recently renewed 10-year lease, the property comprises six tenancies generating a combined net income of $814,489pa + GST, with Spotlight contributing approximately 70% of the total rental. Extensive onsite customer parking, generous circulation areas, and multiple vehicle access points further enhance the functionality and appeal of this well-established neighbourhood centre.

Positioned within Hamilton's premier large-format retail precinct, the property combines secure income, diversified cashflow, and a substantial freehold landholding on one of the city's busiest arterial routes.

Contact the agents below for more information or to arrange a viewing.

Sunil Bhana
021 398 660
sunil.bhana@bayleys.co.nz

Mike Houlker
021 945 927
mike.houlker@bayleys.co.nz

Darren Anderson
021 933 570
darren.anderson@bayleys.co.nz

Listing ID: 43092624

Secure central Carterton industrial yard

Positioned in central Carterton, 123 Taylor Street presents an excellent opportunity to secure a substantial, standalone industrial yard.

The 1277m2 (more or less) metalled and fully fenced site offers a large, practical yard area with gated vehicle access from Taylor Street.

Its size and configuration could suit secure storage, contractors, trades, development, or other uses subject to any necessary council approvals. The property backs on to the Carterton railway station and is conveniently positioned close to the town centre and State Highway 2.

Standalone industrial blank canvases like this are increasingly difficult to find in central Carterton.

Price by negotiation.

Contact Olly Gollins for further information or to arrange an inspection.

Listing ID: 43093429

Prime Lower Hutt Ground Floor Retail

Position your business in the heart of Lower Hutt's CBD with this outstanding ground floor retail opportunity. 

Offering excellent street presence, strong pedestrian activity, and outstanding accessibility, this versatile premises is well suited to retailers, service providers, hospitality operators, or showroom users seeking a premium central location.

Large display windows create an inviting frontage while maximising natural light and providing exceptional branding opportunities.

Positioned in the heart of the rapidly transforming RiverLink precinct, this ground floor property is ideally placed to benefit from one of Lower Hutt's most significant infrastructure upgrades.

The development will deliver convenient access to Melling Railway Station, improved motorway connections, and an enhanced urban environment featuring new walkways, cycleways, and landscaped public spaces, adding long-term appeal for occupiers and investors alike.

This property also benefits from dual access via a rear service lane.

*Please note all areas and values are approximate only. 

For more information or to arrange a viewing, contact:

Kieran Lennon on 021 137 1472 or kieran.lennon@colliers.com

Tim Julian on 021 488 029 or tim.julian@colliers.com

Features:

• Prime Lower Hutt CBD location
• High-profile ground floor retail
• 70% NBS (2026 report)
• Large display windows and signage exposure
• Dual access with rear service lane
• Positioned within the RiverLink precinct
• Close to public transport and motorway connections

More information: https://www.colliers.co.nz/p-NZL67041446

Listing ID: 43093446

Strategic Rosebank Industrial with Holding Income

537–539 Rosebank Road presents a rare opportunity to secure a functional industrial asset within one of Auckland's most tightly held industrial precincts.

Currently occupied by Shields Bros Panel & Paint, the property provides purchasers with immediate holding income while also offering a clear pathway to future occupation in a location where industrial availability remains limited.

Positioned on the highly regarded Rosebank Road corridor, the property benefits from excellent connectivity to State Highway 16, Auckland's motorway network, Auckland CBD, and the Port of Auckland. Its strategic location, coupled with strong underlying land value and proven occupier demand, continues to underpin the precinct's long-term performance.

Key Features

• High-profile 1,011sqm (approx.) freehold site
• Holding income with future occupation potential
• Light industry zoning
• Secure on-site parking at both the front and rear of the property
• Functional industrial improvements comprising of warehouse, office and storage
• Superb opportunity for owner occupiers and investors alike
• Prime Rosebank Road position with excellent connectivity to SH16, Auckland CBD and surrounding industrial hubs

Industrial opportunities of this nature rarely come to market. Whether seeking a secure investment or future occupation, 537–539 Rosebank Road offers a compelling opportunity to secure a foothold in one of Auckland's premier industrial locations.

For Sale by Tender closing 4:00pm, Thursday 27 August 2026 (unless sold prior).

For further information or to arrange an inspection, please contact the sole agents.

Listing ID: 43093525

Entry Level Opportunity

Well presented and realistically priced, Unit 2 at 10A Hynds Road offers a great opportunity for owner occupiers to secure their own premises within Tauranga’s well established Gate Pa industrial precinct. Comprising approximately 183.2m², the individual unit title offers a practical and efficient layout, presented to a tidy standard and ready for immediate occupancy.

Roller and pedestrian doors per unit allows for easy access, while the low traffic yard supports straightforward loading and day to day operations. One dedicated car park is included.

The location benefits from strong connectivity to State Highway 29, enabling efficient movement of goods and services, with Greerton village nearby providing convenience for staff amenities.

A solid opportunity to secure a property in an established industrial area.

Contact Rachel or Rich for more information.

Features:

• Total floor area of 183.2m² (approx.)
• Vacant possession available
• Roller door access
• Low traffic yard for easy loading
• One onsite car park

More information: https://www.colliers.co.nz/p-NZL67041219

Listing ID: 43093570

Premium Albany Location

FOR SALE
Position your business or investment in one of Albany's most established commercial precincts with this exceptional opportunity to acquire a well-presented 132sqm office premises, complete with five exclusive on-site car parks.

Ideally located within the highly sought-after Albany business community, this property enjoys outstanding connectivity to the Northern Motorway, Upper Harbour Highway, and the wider Albany commercial and retail precinct. Its strategic location makes it an outstanding choice for owner-occupiers looking to establish a premium North Shore presence, as well as investors seeking a quality commercial asset in a proven business location.

The premises offer a practical and versatile floor plan designed to suit a wide range of commercial uses. Featuring a modern, professional fit-out, abundant natural light, and an efficient layout, the space provides an inviting and productive working environment. Well-maintained throughout, the property combines functionality with excellent presentation, while the generous on-site parking enhances convenience for both staff and clients.

Surrounded by a strong mix of professional services, technology companies, trade operators, and light industrial businesses, the property benefits from being part of a thriving and well-established commercial hub with enduring appeal.

Key information:

• 132sqm (approximately) ground-floor office premises
• Five exclusive on-site car parks
• Ground-floor convenience with easy access
• Bright, modern office with excellent natural light
• Functional and flexible layout suitable for a range of business uses
• Excellent motorway access via the Northern Motorway and Upper Harbour Highway
• Located within a modern, well-maintained office park
• Positioned in the heart of Albany's thriving commercial precinct
• Suitable for owner-occupiers and investors alike
• Combined Rates and Body Corporate Levy $8,920.67 + GST per annum

For more information and an appointment to view this property, please contact the agent at NAI Harcourts Cooper & Co today.

Listing ID: 43097225

Riverfront development opportunity

An exceptional riverfront development opportunity.

Held in the same ownership for approximately 30 years, 74 Oxford Terrace represents one of Christchurch’s most compelling city development opportunities. Occupying a premium riverfront position, this substantial 822 sqm freehold site combines scale, profile, and an enviable central location within one of the city’s most sought-after precincts.

With approximately 16 metres of frontage to Oxford Terrace, the property enjoys outstanding street presence overlooking the Avon River, offering the rare opportunity to create a landmark development in the heart of the CBD.

Positioned moments from Christchurch’s most significant commercial and lifestyle destinations including Riverside Market, Christchurch Hospital, the Justice Precinct, Cashel Mall, and the city’s thriving hospitality and retail precincts, the site benefits from exceptional connectivity and enduring occupier appeal.

Zoned City Centre Zone, the property provides flexibility for a diverse range of future uses, including premium residential, hospitality, office, mixed-use, or hotel and visitor accommodation developments (subject to the necessary consents). The combination of riverfront amenity, city convenience, and favourable zoning creates an outstanding platform for developers, investors, and land bankers seeking to capitalise on Christchurch’s continuing growth and regeneration.

Opportunities to secure freehold riverfront land of this calibre are exceptionally rare.

With its blue-chip location, development potential, and tightly held ownership history, 74 Oxford Terrace offers the chance to deliver a truly iconic project in one of New Zealand’s fastest-evolving CBDs.

For Sale by Deadline Private Treaty: 12pm, Friday 4 September 2026 (unless sold prior).

*Boundary lines are indicative only. 

Features:

• 822 sq m freehold development site
• Approximately 16 metres of frontage to Oxford Terrace
• Favourable City Centre Zone supporting future redevelopment potential
• Strategic location within an established growth corridor with strong surrounding amenity
• Held by the current owner for approximately 30 years
• Opportunity to secure a scale development site in a tightly held market
• North western aspect overlooking Avon River and Hagley Park if height is built on the site
• Holding income to Wilsons carparking, refer lease within dataroom
• Superb high rise apartment tower site

More information: https://www.colliers.co.nz/p-NZL67041546

Listing ID: 43097228

Development opportunity beside Forté Health

An exciting opportunity exists to secure one of Christchurch's most significant inner-city development holdings. Comprising eight adjoining freehold titles with a combined landholding of 3,179m²*, this substantial site occupies a commanding corner position within one of the city's most tightly held and rapidly evolving precincts.

Prominently positioned on the corner of Manchester and Peterborough Streets, directly adjoining Forté Health, the property offers an unrivalled combination of scale, profile and location, an offering seldom available on the CBD fringe. Surrounded by premium residential developments, established medical facilities and the city's commercial core, the site presents an exceptional platform for a landmark project that will define the next chapter of this sought-after neighbourhood.

With Christchurch's luxury residential market continuing to mature, this is an outstanding opportunity to create a high-quality apartment or townhouse development that caters to discerning owner-occupiers, downsizers and investors seeking an unrivalled inner-city lifestyle.

The scale and flexibility of the holding also lend themselves to a range of complementary development outcomes, subject to Christchurch City Council approval.

Potential development outcomes include:

• Premium residential apartments
• Architecturally designed townhouses or terraced homes
• Build-to-rent or multi-residential accommodation
• Healthcare and specialist medical facilities (subject to CCC approval)
• Retirement or assisted living
• Mixed-use development incorporating residential or medical uses

Bordering Forté Health and surrounded by Christchurch's ongoing urban regeneration, the property is exceptionally positioned to capitalise on the continued demand for premium inner-city living and healthcare-related investment. This is a genuine generational landholding offering the scale, prominence and flexibility to deliver a transformational development in one of Christchurch's most coveted growth locations.

For sale by Deadline Private Treaty: 4pm, Wednesday 2 September 2026 (unless sold prior). 

**Boundary lines are indicative only

Features:

• 3,179 sq m combined freehold landholding*
• Eight adjoining titles offered together
• Immediate neighbour to Forté Health, one of Christchurch’s premier private hospitals
• Prominent corner position with extensive frontages to Manchester and Peterborough Streets
• Walking distance to the Christchurch CBD, Te Pae Convention Centre, Victoria Street hospitality precinct and Hagley Park
• Exceptional redevelopment potential (subject to all necessary approvals)
• Rare opportunity to control a site of genuine scale within a tightly held central-city location
• Zoned High Density Residential

More information: https://www.colliers.co.nz/p-NZL67041140

Listing ID: 43097229

Substantial Freehold Unit - Priced to Sell!

Positioned in a prime Maunganui commercial location with great visibility to busy Maunganui Road, this freehold property offers a rare combination of profile, versatility, and immediate usability.

Spanning 321m² of building area on a 486m² freehold site, the layout has been thoughtfully configured to suit a wide range of owner-occupiers or investors planning ahead. Office and showroom space at the front of the building creating a strong presence, while the warehouse at the rear provides clear, functional operational space. A mezzanine level with kitchenette adds further flexibility, whether used for staff amenity, storage, or additional workspace.

The wide frontage and prominent end position of the unit deliver a level of exposure that is genuinely hard to find in Mount Maunganui, with excellent passing traffic from Maunganui Road. Zoned commercial, the property broadens its appeal across retail, office, trade, light industrial, and service based uses.

Available with vacant possession, this is a straightforward opportunity to secure a tidy, well presented commercial unit with a change of use upside in a tightly held location and with good on-site car parking adding to its everyday appeal.

Contact Simon or Rob today for further information or to arrange a viewing.

Features:

• Land area 486m²
• Building area 321m² (approx.)
• Vacant possession
• Freehold title (no Body Corp)
• Flexible commercial zoning
• Exclusive 6 plus carparks
• Suitable retail, office, trade supply
• Large signage onto Maunganui Road
• Great combination of showroom, office and warehouse

More information: https://www.colliers.co.nz/p-NZL67041551

Listing ID: 43097288

Tenanted Investment @ $57,000 net pa

13J Saleyards Road, Otahuhu presents a well-maintained industrial unit offering a proven income stream and strong tenant covenant in a tightly held precinct.

The property comprises approximately 275sqm, including 225sqm of warehouse and 50sqm of office, providing a functional and efficient layout suited to a range of industrial users. The unit is positioned within a tidy, well-managed complex and benefits from six on-site car parks.

The current tenant has been in occupation for nine years and has recently committed to a new five-year lease returning $57,000 net per annum, offering investors immediate income security. The building has also recently undergone a roof replacement, reducing near-term capital expenditure and adding further appeal.

Features:

• 275sqm total floor area
• 225sqm warehouse
• 50sqm office
• 6 on-site car parks
• New 5-year lease returning $57,000 net pa
• Long-standing tenant of 9 years
• New roof
• Well-maintained complex

Otahuhu is a strategically located industrial suburb in South Auckland, offering excellent access to State Highway 1 and key arterial routes connecting to the CBD, Auckland Airport and the wider region. With strong demand from logistics, warehousing and manufacturing occupiers, the area continues to attract both investors and owner-occupiers seeking well-located industrial assets.

SOLE AGENCY

For more information or to arrange an inspection, contact the agents below:

Alistair Billing
021 101 5302
alistair.billing@xcommercial.co.nz

Ben Adam
021 209 1339
ben.adam@xcommercial.co.nz

Dan Newman
021 991 459
dan.newman@xcommercial.co.nz

Listing ID: 43097439

Mount Road Front Unit

56a Aviation Avenue, Mount Maunganui, presents a well positioned industrial opportunity in one of the Mount Maunganui's established industrial precincts.

Comprising approximately 125m² of versatile industrial floorspace on a freehold 141m² of land, this stand-alone property offers genuine flexibility for owner-occupiers or investors seeking a foothold in the area. The layout suits a range of industrial, trade, or storage uses, and the road frontage provides excellent visibility and easy access for staff, customers, and deliveries alike.

Importantly, this is not a unit title, meaning no body corporate fees and greater freedom for the incoming owner. The current tenant of 15 years is vacating, creating an opportunity for an owner occupier or investor to secure the property. The attractive price point also broadens the pool of prospective buyers. Good on-site parking adds further day-to-day practicality.

This is a solid option for those looking to secure industrial premises in Mount Maunganui, whether for occupation or investment.

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

Features:

• Floor area: 125.1m²
• Freehold land area: 141m²
• Vacant possession offered
• Road frontage with strong visibility
• Versatile industrial layout
• Good on-site car parking
• Affordable entry-level price range
• Suit owner-occupier or investor

More information: https://www.colliers.co.nz/p-NZL67041582

Listing ID: 43097441

A-Grade Mount Asset - New 5 Year Lease

Secure your foothold in one of the Bay of Plenty's most tightly held trade supply precincts with this well leased freehold investment at 131 Newton Street, Mount Maunganui. The substantial 765m² building sits on a freehold 1,306m² of commercially zoned land with drive around access and is leased to a long standing tenant on a new five year term, providing reliable cash flow and guaranteed CPI rent growth.

This prime Mount Maunganui investment will appeal to investors seeking a quality asset in a highly sought-after location. The commercial zoning broadens the potential range of occupiers beyond traditional industrial uses, including retail, health and fitness, and office users, creating opportunities for future development and rental upside.

With a current net rental of $150,000 plus GST, strong future rental growth and the flexibility of commercial zoning, this is a compelling opportunity for both astute investors and those entering the commercial property market.

Contact Rob or Simon today for further information or to arrange a viewing.

For Sale by Auction at 11am, Thursday 27th August at the Mercure Hotel (unless sold prior).

Features:

• Land area 1,306m²
• Building area 765m² (approx.)
• Current net rental of $150,000 + GST & OPEX
• New five year lease to long standing tenant
• Guaranteed CPI rent growth
• Drive around access
• High profile Mount Maunganui trade supply precinct location
• Commercial zoning allows lots of uses
• Stand-alone freehold title

More information: https://www.colliers.co.nz/p-NZL67041521

Listing ID: 43097728

Character workspace with flexibility to grow

• Two adjoining character units totalling 691sqm
• Buy one, buy both, invest or occupy
• North-facing space with excellent natural light
• Prime western CBD position within Heritage
• Stop leasing and own your own premises. Call now.

Available individually or together, Units 72A (366sqm) and 72B (325sqm) offer a rare opportunity to secure affordable character office space within Auckland's iconic Heritage Hotel. Together, the adjoining units comprise approximately 691sqm and provide flexibility seldom found in the CBD.

The north-facing position overlooking the large Wyndham Street courtyard provides excellent natural light throughout, complemented by polished timber floors, exposed beams and high-stud ceilings. Purchase one or both units, occupy one and lease the other, or secure future expansion space for your growing business.

Positioned between Commercial Bay, SkyCity and the future Aotea CRL Station, the property sits at the centre of Auckland's rapidly evolving western CBD. Ongoing investment, improved connectivity and easy access to the Viaduct waterfront continue to strengthen this highly desirable commercial precinct.

Ideal for owner-occupiers, professional service firms, legal practices, technology businesses and creative operators seeking character, convenience and flexibility in a landmark Auckland building. Call now to arrange an inspection.

Listing ID: 43097805

Prime Mount Owner Occupier Opportunity

Positioned within one of Mount Maunganui's most high profile roadways, 145 Totara Street presents an outstanding opportunity for owner-occupiers to secure a versatile industrial premises and expose their business to a much larger client base.

Offering approximately 460m² of functional floor area, the property features a front showroom and office area, alongside a clear span warehouse that provides excellent flexibility for storage, manufacturing, vehicle servicing, and trade-based operations. The building's adaptable configuration is complimented by drive through access and rear service lane entry, with two rear roller doors enabling efficient movement for vehicles, equipment, and goods. Ample onsite parking at the front ensures convenient access for staff and customers, while the rear yard is further enhanced by a practical wash bay, an increasingly sought-after feature for many industrial users.

Presented in good condition with the roof/internal gutters recently replaced and available with vacant possession, the property is ready for immediate occupation, allowing you to move in and get your business up and running without delay.

Contact Rob or Simon today for further information or to arrange a viewing.

For Sale by Auction at 11am, Thursday 27th August at the Mercure Hotel (unless sold prior).

Features:

• Building area 460m²
• Land area 760m²
• Rear wash down bay
• High profile location
• Drive through vehicle access
• Rear service lane & yard
• Good onsite parking/yards
• Flexible internal layout
• Vacant possession
• Vendor wants action!
• Air conditioned offices

More information: https://www.colliers.co.nz/p-NZL67041505

Listing ID: 43097884

Lakes Health Centre - Trophy Medical Investment

Colliers is proud to present the Wanaka Lakes Health Centre to the market, a substantial freehold medical investment strategically positioned on a high-profile 1-hectare corner site at the gateway to Wanaka.

Purpose-built in 2011 and extended in 2014 as a healthcare hub and occupied by a diverse mix of specialist healthcare providers, this landmark asset represents one of the most significant healthcare investment opportunities to be offered in the Southern Lakes region.

Returning approx. $1.178m + GST, and underpinned by a resilient healthcare tenant profile, the property benefits from a proven income stream from both long-term commercial leases and consulting room occupiers. The centre is anchored by respected medical operators including Wanaka Medical Centre, Aspiring Medical Centre, Pacific Radiology, Lumino Dental, Wanaka Physiotherapy, Wanacare Pharmacy and Central Otago Health Services.

Supported by strong population growth forecasts, an ageing demographic, and increasing demand for healthcare services throughout region, the property is exceptionally well positioned for long-term income security and future growth.

Key Features:

• Freehold landholding of 1.007 Hectares (approx.)
• Purpose built medical facility with 2.240sqm of improvements (approx.)
• Diversified income stream of approximately $1.178 million + GST
• Strong WALT of 6 years (excluding consulting rooms)
• Anchored by established providers and essential service tenants
• High profile corner location at the gateway to Wanaka
• Approximately 120 on site car parks
• Rare opportunity to acquire Wanaka's premier integrated healthcare facility

Investment opportunities of this scale and calibre in Wanaka are seldom available. Call either of the Sole Agents now for further information or to register your interest.

Geoff McElrea 027 577 9607 | Dean Collins 027 499 0974

For Sale by Deadline Private Treaty closing 4pm, Thursday 10th September 2026 (unless sold prior).

Listing ID: 43097977

MORTGAGEE TENDER

Tender: Closes on Wednesday 2 September 2026 at 2:00PM (unless sold prior)

• Freehold 905m² site in the heart of Papatoetoe

• Four income streams returning $330,129 per annum
• Substantial 697m² mixed-use building with retail, hospitality, and potential residential accommodation
• Business - Town Centre zoning with a 34.5m height variation control
• Just 200 metres from Papatoetoe Train Station and the retail precinct

Secure a high-profile mixed-use investment in the established Papatoetoe town centre. Positioned at 27 Shirley Road, this substantial Freehold holding provides diversified income across four tenancies while offering compelling long-term development potential.

The property comprises approximately 697m² of improvements on a 905m² Fee Simple site. Its tenancy mix includes a ground floor superette, extensive restaurant premises with commercial kitchen and alfresco dining areas, ancillary accommodation, and a four-bedroom first-floor residential apartment. Purchasers must make their own enquiries in relation to the suitability of the property for the current uses.

The property is reportedly returning $330,129 per annum, with the commercial leases structured on a net basis and subject to annual CPI reviews. The mix of commercial and residential income provides a diversified cashflow profile, underpinned by established hospitality occupiers. We note that no copy of any residential tenancy has been received, purchasers must make their own enquiries in relation to any leases.

Located on the eastern side of Shirley Road, just off the St George Street and Station Road intersection, the property benefits from strong surrounding amenity, including local retailers, banks, hospitality operators, New World supermarket, bus services, and Papatoetoe Train Station.

With Business - Town Centre zoning and a 34.5m height variation control, the site presents an attractive future land-banking or redevelopment proposition, subject to purchaser due diligence and relevant approvals.

Opportunities to acquire a standalone, income-producing Freehold site of this scale in central Papatoetoe are seldom available. Call now for further information.

Note: this advertisement and any details regarding existing leases are compiled from third-party records. The mortgagee and its agents provide no warranties regarding the accuracy, validity, or status of this information. Prospective purchasers must rely on their own independent due diligence and legal review.