Commercial property for sale

Listing ID: 42999473

Strategic Tauriko industrial landholding

• Prime corner industrial landholding
• Positioned within Tauranga’s premier industrial precinct
• Excellent connectivity to SH29, Tauranga CBD and Port of Tauranga
• Located in a major government-backed growth area
• Ready-to-develop sites of this scale are scarce

Positioned within the heart of the Tauriko Business Estate, 1 Kaweroa Drive offers a significant industrial zoned landholding of 28,762sqm (more or less) in one of New Zealand’s fastest-growing logistics and employment hubs.

Strategically positioned amongst an established mix of national and international brand tenants including Bunnings Warehouse, Mitre 10 Mega, Harvey Norman, Noel Leeming, The Warehouse and PAK'nSAVE - the concentration of such major operators driving significant daily traffic and reinforcing the strength of the growing residential and employment catchment.

Additionally, the site benefits from major infrastructure investment, improved transport connectivity and efficient links to the wider Bay of Plenty region which makes this an outstanding opportunity for developers, investors, and owner occupiers seeking scale and certainty.

For further information, contact the Bayleys Sole agents today.

Listing ID: 43075471

Trophy Asset - Vendor Commits Capital Elsewhere

This stunning Grey Lynn investment property has everything for a new purchaser to get excited about - With secure income from multiple tenants, unrealised future development potential all located at an absolute premium position and location.

Located metres from Ponsonby Road, Woolworths supermarket and the Vinegar Lane development, this precinct has surged forward as one of the most desirable in the city fringe, popular with creatives, office and retail tenants, and new apartment developments.

14-16 Maidstone Street comprises a modern five-level (including basement carparking) commercial investment property in a highly sought-after location. Fully leased to a diverse mix of professional and creative tenants. From this a net passing income of $893,807.00 + GST per annum is generated. With 37 secure car parks and a seismic rating of 100% NBS all the important fundamentals purchasers seek are here.  

Investment returns in this location have never looked so good. This represents a true opportunity to acquire a strategic asset in one of New Zealand's hottest locations. 

Investment highlights

• Modern freehold standalone investment property on an 895sqm site

• Prime position in sought-after precinct, metres from Ponsonby Road

• 100% occupied to multiple tenants returning $893,807.00 pa + GST

• Zoned Business - Mixed Use with 27m height overlay

More information: https://www.colliers.co.nz/p-NZL67040937

Listing ID: 43076177

Clean and affordable investment

Positioned within the heart of Paraparaumu's established commercial and industrial precinct, 19C Milne Drive presents an affordable investment opportunity with an established tenant already in place.

The property comprises a 120sqm unit within a well-maintained complex of five units. Configured to run from front to back, the premises offer practical and efficient accommodation complemented by dedicated car parking at the rear.

Currently leased to Access Community Health, the property provides investors with the security of an established occupier in a sought-after location. Milne Drive continues to be one of the Kapiti Coast's most recognised commercial locations, benefiting from strong connectivity to State Highway 1 and the wider district.

An ideal opportunity for investors seeking a manageable commercial asset in a tightly held location.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/19cmilnedrive

• Modern unit within five-unit commercial complex
• Rear car parking allocation
• Established tenant - Access Community Health
• Popular Milne Drive location

Listing ID: 43076179

Owner-occupier opportunity

76 Riverbank Road is a well-established industrial property offering a versatile combination of workshop, office and yard accommodation within one of the Kapiti Coast's most recognised industrial locations.

Previously occupied by a longstanding engineering business, the improvements comprise multiple high-stud workshop bays with roller door access, providing functional space for manufacturing, fabrication, engineering or trade-based operations.

A tidy office component supports the industrial areas, while the surrounding yard space allows for storage, vehicle movements and operational flexibility.

Positioned with strong exposure to Riverbank Road and convenient access to State Highway 1, the property presents a practical opportunity for owner-occupiers, investors or businesses seeking a proven industrial facility in a tightly held location.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/76riverbankroad

• Multiple high-stud workshop bays with roller door access
• Refurbished and presented for immediate occupation or investment
• Vacant possession
• Potential net income $67,080pa + GST

Listing ID: 43076182

Prime High Street - Occupy, Invest or Develop

Flexible settlement terms, buy now pay later!

Rarely does a freehold commercial site of this calibre come to market with a monthly tenancy in place.

Positioned close to one of Lower Hutt's busiest corners and adjacent to one of the valley's highest-traffic anchor retailers, this 1,257sqm yard benefits from outstanding visibility and a constant stream of passing trade.

Currently configured as a car sales yard, the flat, slightly irregularly shaped site lends itself equally well to continued motor vehicle use, retail display, or a fresh-start development play.

With the wider High Street precinct continuing to attract investor and developer interest, the underlying land value here is compelling.

Whether you're an owner-occupier ready to move straight in or a developer with an eye for what comes next, this is the site that rewards decisiveness.

To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/472highstreet

• Situated next to Pak'nSave
• Excellent exposure close to a major roundabout
• Short term holding income
• Keep it as a yard or build on it

Listing ID: 43076184

All the hard work is done

Positioned in the energetic heart of Wellington's entertainment and hospitality precinct, 57 Courtenay Place offers a compelling opportunity to acquire a versatile, income-producing asset with significant upside. The property benefits from strong natural light via expansive floor-to-ceiling windows and a prominent street presence in one of the capital's most tightly held locations.

With a mix of existing retail income and substantial vacancy across the upper office levels, purchasers are presented with the ability to add value through lease-up or explore alternative uses, including potential residential or hotel conversion. Each floor measures approximately 598sqm.

Supported by on-site parking and surrounded by a proven mix of hospitality, retail and public transport amenity, this is a strategic acquisition for investors, developers, and owner-occupiers seeking scale and flexibility in a blue-chip location.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/57courtenayplace

• Prime north-facing Courtenay Place position with high-profile frontage
• Multi-level asset with six office floors (one tenanted, five vacant)
• Ground floor retail returning diversified income across three tenancies
• 25 on-site car parks on a dedicated parking level
• 80% NBS with floor-to-ceiling glazing throughout

Listing ID: 43076191

Once-in-a-Lifetime Church Opportunity

Positioned in a well-established residential precinct, 9 McKillop Street, Ranui presents a rare and highly functional offering that will strongly appeal to churches, community groups, and owner-occupiers seeking space, accessibility, and versatility. Properties of this nature are consistently in demand, and this opportunity is set to exceed expectations.

Constructed circa 1960–1969 with a durable brick exterior and corrugated iron roofing, the improvements comprise approximately 340 m² on a flat, fully fenced 948 m² site. The building benefits from excellent natural light and a practical layout that supports a wide range of uses.

Internally, the property is well-configured, flowing seamlessly from the on-site car parking area through to an accessible entrance and welcoming foyer, leading into the main body of the building. The interior features three substantial open areas, supported by amenities including w/c facilities, a kitchen and storage spaces. 

A notable feature is the generous stud height of approximately 4.7 metres at the knee, enhancing the sense of space and adaptability throughout. The standout feature is the dedicated chapel, measuring approximately 117 m², which is fully set up and ready for immediate use, offering a unique and compelling asset rarely found in the market.

Situated in Ranui / Porirua East, approximately 20 minutes north of Wellington CBD, the property benefits from a strong local community with a diverse and multicultural demographic. The location provides convenient access to local schools, parks, Mungavin shops, and Porirua City Centre, along with excellent public transport connectivity within easy walking distance to the Porirua train and bus hub.

Surrounded by predominantly 1950s–1960s residential housing on generous land parcels, the area also enjoys a selection of well-supported local commercial amenities. This is a compelling opportunity to secure a highly adaptable property in a tightly held suburban location with strong community appeal.

*Please note all areas and values are approximates only. Boundary lines are indicative only.

For further information and to arrange a viewing contact:

Vince Southee on 021 242 1377 or email vince.southee@collierswgtn.co.nz

Features:

• Extremely rare in-demand property
• Premium owner occupier opportunity (churches & community groups)
• Multiple off-street car parking
• Sizeable land and building
• Perfect location
• Opportunity +

More information: https://www.colliers.co.nz/p-NZL67041044

Listing ID: 43076196

Secure freehold industrial in growth location

9 Bowmaker Crescent offers a functional industrial facility positioned within the thriving Ravenswood commercial precinct.

The property comprises a 272.5sqm building on a freehold 816sqm site, including 237sqm of warehouse space and 35.5sqm of office and amenities. A securely fenced concrete hardstand provides excellent parking, storage and operational flexibility.

Key Features:

• Freehold 816sqm* site
• 272.5sqm* total building area
• 237sqm* warehouse
• 35.5sqm* office and amenities
• Secure fenced concrete hardstand
• Excellent on-site parking
• Established commercial location

Ravenswood and Pegasus continue to experience significant residential growth, with more than 2,500 housing lots developed within the immediate catchment. The property's accessibility is set to be further enhanced by the proposed SH1 Belfast to Pegasus Motorway and Woodend Bypass, improving connectivity to Christchurch CBD, Christchurch International Airport, Lyttelton Port and the wider Canterbury region.

A versatile opportunity suited to owner-occupiers, investors, trade operators and service-based businesses.

For further information or to arrange an inspection, contact the agent to view your new premise.

Listing ID: 43076240

Prescribed for Investors

•Master leased medical centre
•A-grade rating seismic assessment
•Purpose-built healthcare facility
This purpose-built medical centre is leased to NMC No 1 Limited under a master lease structure, providing investors with a single point of tenancy.
The property is a recognised healthcare destination for the Ngaruawahia community. Occupied by an established medical practice, the improvements provide practical patient flow, covered entry, accessible facilities and generous onsite parking.
The building presents in modern condition and benefits from an A-grade seismic assessment. The current lease runs through to May 2029, with a final three-year right of renewal to May 2032.
Medical practices are built around location, patient convenience and continuity of care. For investors seeking an alternative to traditional retail or industrial investments, this offering provides exposure to the healthcare sector through a purpose-built facility occupied by an established operator. The combination of a master lease, specialised improvements, lease security and established healthcare use creates a straightforward investment supported by an essential service sector.

Listing ID: 43076271

Large-scale industrial holding with income

An exceptional opportunity to secure a substantial vacant possession industrial asset in Gisborne's tightly held Awapuni precinct.

Situated on a freehold title of approximately 9,930sqm, 257 Awapuni Road offers scale, functionality, and immediate holding income in one compelling package.

The property is improved with approximately 2,630sqm of warehouse and production space, over 6500sqm of yards together with circa 300sqm of stunningly renovated office accommodation, providing a versatile platform for manufacturing, storage, logistics, horticultural operations, or future repositioning.

Adding to the property's appeal, the laboratory will be leased back by the vendor on market rental terms, providing purchasers with immediate holding income while retaining flexibility over the balance of the site and improvements.

Positioned within one of Gisborne's premier industrial locations, the property benefits from excellent accessibility to key transport routes.

Tender (unless sold prior)
4pm, Thurs 30 July 2026
Bayleys, 10 Reads Quay, Gisborne

Boundary lines are indicative only.

Listing ID: 43076273

Premium location, proven cashflow

Positioned on a high-profile freehold corner site, Wash'n Go presents a rare opportunity to acquire both a proven business operation and strategically located commercial real estate in one of Gisborne's busiest arterial locations.

Highly visible to passing traffic and benefiting from excellent accessibility, the property is home to modern automated and manual car wash facilities constructed in 2023 that has become a recognised destination for motorists seeking a fast, convenient, and high-quality vehicle cleaning service. The business operates with a streamlined model, servicing customers seven days a week and capitalising on strong exposure from its prominent corner position.

Opportunities to secure purpose-built assets of this nature are exceptionally scarce, particularly those combining a well-established business with freehold land ownership. The property's profile, ease of access, and strong underlying land value provide multiple layers of appeal for investors, owner-operators, and those seeking a passive income stream backed by a specialised commercial asset.

Tender (unless sold prior)
4pm, Wednesday 29 July 2026
Bayleys, 10 Reads Quay, Gisborne

Boundary lines are indicative only.

Listing ID: 43076491

Controlling Palmerston North’s growth corridor

For sale by Expressions of Interest, 1pm Tue 4 Aug 2026 (will not be sold prior) Bayleys, 49 Manchester Street, Feilding.

A consented 23.2 hectare (more or less, subject to final survey) development opportunity occupies the opening position within the city’s next major residential expansion.

The strongest development opportunities are often those where planning certainty, infrastructure commitment and long-term population growth align in a single location. In Palmerston North, that alignment is increasingly evident in the city’s southwest growth corridor, where Kikiwhenua is positioned to become a foundational part of the next phase of urban expansion.

Kikiwhenua comprises approximately 23.2ha of operatively rezoned residential land held across 12 contiguous freehold titles. The site fronts Pioneer Highway (State Highway 56) to the north, Te Wanaka Road to the south and west, and is bounded by the Mangaone Stream. For institutional buyers and large-scale developers, the significance lies not only in the scale of the holding but in its status as one of the few structure-planned, consented residential opportunities of comparable size currently available in a region where significant housing supply is required.

The landholding benefits from a planning position that is already well advanced. Stage 1 resource consent was granted by Palmerston North City Council (PNCC) in December 2025 for 30 residential lots, two road lots, a stormwater reserve and an esplanade reserve. The broader Comprehensive Development Plan (CDP) provides an indicative pathway for approximately 250 standard residential lots, 10 large lifestyle lots and six medium-density superlots capable of sustaining around 40 dwellings. Together, these elements provide a defined framework for staged delivery, supporting a logical, sequential approach to future development.

Reinforcing the location's strategic importance, Kikiwhenua sits at the eastern edge of the proposed 845ha Kākātangiata urban development area - identified by PNCC as a key long-term residential expansion project. As the wider growth corridor matures, Kikiwhenua will transform from a greenfield edge location into a defining component of Palmerston North’s next major urban community.

Few regional centres benefit from the combination of housing demand and economic resilience evident in Palmerston North. The city faces a documented housing shortfall, with Council identifying a requirement for circa 9,884 additional homes over the next three decades. Its demand base is underpinned by major institutional employers and infrastructure assets including Massey University, the New Zealand Defence Force, MidCentral Hospital, and the KiwiRail Te Utanganui Regional Freight Hub. These are structural demand generators, providing a deeper and more durable foundation for residential absorption beyond cyclical growth drivers.

Infrastructure delivery is also moving beyond planning into execution. Council has allocated dedicated servicing upgrades for Kikiwhenua within its 10-Year Plan, with foundational work already underway. For purchasers assessing execution risk, the combination of operative zoning, granted Stage 1 consent, defined infrastructure planning and an established development framework materially differentiates the opportunity from earlier-stage greenfield sites.

The key question is often not where growth will occur, but where it will be concentrated and which assets are positioned to capture it. Kikiwhenua offers control of a significant, consented landholding at the gateway to Palmerston North’s principal future growth corridor, with the scale, planning progress and strategic positioning to play a meaningful role in the city’s next generation of housing delivery.

For the information pack refer to: https://new.propertyfiles.co.nz/listing/28

Listing ID: 43076492

A landmark development estate

For Sale by Expressions of Interest closing 1pm, Tue 4 Aug 2026 (will not be sold prior), at Bayleys Palmerston North, 243 Broadway Avenue, Palmerston North.

Bayleys Manawatu are pleased to present a rare 39.5 hectare (more or less) residential development estate on Palmerston North’s northern edge, offering an unparalleled opportunity to deliver a legacy project in one of New Zealand’s most resilient and steadily expanding regional centres.

Just over 39 hectares of freehold, greenfield land across three titles, sitting within the council structure-planned Mātangi Residential Area, the land incorporates one of the city’s largest rezoned residential development sites, with approximately 12 hectares designated as a residential development platform, and 10 hectares to become a public reserve and waterway corridor. The balance of 17.5 hectares (more or less) remains productive rural land. Palmerston North City Council's structure plan for Mātangi Residential Area indicates a potential for 158 lots (approximately).

The planning work completed to date and the Palmerston North City Council (PNCC) structure plan provides a level of clarity and confidence that is seldom available at this scale. The operative plan change and embedded structure plan provide the development framework – a rare advantage that significantly reduces risk and accelerates delivery.

Commanding a prominent position at the intersection of Rangitikei Line (State Highway 3), Flygers Line, and
Benmore Avenue, this expansive landholding sits at the gateway to the city – a location defined by scale, connectivity, and longterm strategic importance. Opportunities of this calibre are seldom released to market, and almost never with this level of planning certainty already in place.

For the information pack refer to: https://new.propertyfiles.co.nz/listing/29

Listing ID: 43076668

Development Ready Land in Cambridge

• 13,555sqm (more or less) site
• Zoned Medium Density Residential
• Resource consent in place for 39 dwellings
• Positioned next to medical services / emerging hospital development
• Strong connectivity to Waikato Expressway and Hautapu Industrial Precinct

Opportunity knocks with the sale of this development ready 13,555sqm (more or less) site, with resource consent already secured for 39 dwellings.

Its key location, emergence of neighbouring medical services, and existing resource consent, all combine to deliver a compelling development window.

Everyday convenience is a certainty thanks to the proximity of the Waikato Expressway and Hautapu’s industrial precinct. Flexibility and future prosperity look good as the site is zoned Medium Density Residential which enables efficient use of land, and with the building of a medical hub and elective surgery hospital next door, quality of life is high-grade.

Cambridge is a vibrant town with a buoyant economy and continues to show strong population growth, which only reinforces the long-term appeal of investing in the area.

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

Listing ID: 43076785

High Profile Commercial Property

Rare opportunity!

A vacant, high-profile site in one of Wellington’s most sought-after commercial precincts.

Its prime position within Wellington’s leading automotive industry, plus trade supply hub, makes it ideal for a wide range of occupiers and uses.

The property is within minutes of major arterial routes.

This versatile property offers outstanding combinations of showroom, workshop, office, storage and sealed yard areas. At the rear, the three-bay workshop/showroom features multiple roller doors, excellent natural light, and a modern presentation - ready for your brand to move straight in. The front yard is fully asphalted, providing generous customer parking and outdoor display or storage space. Includes four offices, three toilets, kitchen and filing room.

The fully fenced site includes three electric gates with road crossings, enhancing accessibility with real functionality. A prominent plinth sign fronts Parliament Street, offering excellent visibility to the steady stream of vehicles travelling along Hutt Road and Railway Avenue.

A (DSA) Detailed Seismic Assessment (2025) has rated the building at 67% of the New Building Standard (NBS), with the main elements achieving 80–100% NBS, ensuring confidence in the property’s structural integrity.

Offered with vacant possession.

 *Please note all areas and values are approximate only.

For further information or to arrange an inspection contact:

Tim Julian on 021 488 029 or tim.julian@collierswgtn.co.nz
Kieran Lennon on 021 137 1472 or kieran.lennon@collierswgtn.co.nz

Features:

• Secure sealed yard and showroom
• 2 minutes to CBD and SH2 (approx.)
• Wellington's premier auto trade precinct

More information: https://www.colliers.co.nz/p-NZL67040897

Listing ID: 43080580

Consented residential development Manawatu

14 Banks Road, Rongotea - 20.7ha (more or less) - Up to 180 Lots. A rare opportunity to secure a consented, infrastructure-ready residential development in the growing Manawatu region. This 20.7ha (more or less) freehold site is not a land banking play - it is a staged, ready-to-deliver project with approvals in place for up to 180 residential sections, backed by council-supported growth planning. Titles are issued and core infrastructure already underway, developers can move forward with confidence.

Key Features:

• 20.7ha (more or less) freehold development site
• Consented for up to 180 residential lots
• Titles issued (LINZ)
• Council-approved Comprehensive Development Plan

Infrastructure in Place:

• 11,000 kVA power at site boundary
• Fibre connected to the site
• Wastewater capacity allocated

Water at site boundary

• Council pump station under construction

Strategic Location:

• 20 mins to Palmerston North
• 13 mins to Ohakea Air Force Base
• 16 mins to Feilding
• Strong demand drivers from defence and regional growth

Why this opportunity stands out: With documented population growth projections and increasing demand driven by the Ohakea Air Base expansion and Palmerston North, Rongotea is emerging as a key satellite growth location. Large-scale derisked, consented, and staged developments with infrastructure underway are becoming rare, making this an outstanding opportunity for developers seeking scale, certainty, and long-term upside. Register your interest today – opportunities of this caliber are rarely available.

Listing ID: 43080794

BARGAIN OPPORTUNITY 120M² STUNNING VIEWS

The vendor's instructions are unequivocal - this property must be sold. Vacant and ready for immediate occupation, this represents a rare opportunity to secure a well-presented commercial unit with future upside from the forthcoming Penlink connection.

PROPERTY HIGHLIGHTS:

• Must sell - all genuine offers are encouraged
• Approximately 120m² of well-configured floor area
• Renovated to a high standard with quality existing fitout
• Vacant possession - occupy immediately or lease out
• Exceptional exposure to busy Whangaparaoa Road
• Prominent corner position attracting excellent visibility
• Stunning sea views across Arkles Bay towards Rangitoto Island
• Ideal for owner-occupiers, professional services, medical, retail, or investors
• Modern, professional presentation requiring little or no additional capital expenditure
• Abundant surrounding amenity including retail, hospitality, and service businesses
• Capitalise on the future advantages of the Penlink project and improved connectivity to Auckland
• A genuine opportunity

Combined with a highly motivated vendor and clear instructions to sell, this is an opportunity purchasers should investigate without delay.

Calling all owner-occupiers - secure this exceptional premises offering high-profile exposure, a quality fitout, and stunning sea views.

This property must be sold.

Listing ID: 43080918

A Front Row Seat to Tauranga’s Transformation

An exceptional opportunity awaits, with clear instructions from the vendor to sell. 

Step inside and be surprised by the scale, positioning and potential this substantial City Centre offering provides.

Located right in the middle of Tauranga’s rapidly transforming City Centre, this first-floor commercial property comprises approximately 691m² and offers an exceptional opportunity to secure space in one of the city’s most significant growth precincts. Positioned alongside the striking new Elizabeth Towers development and directly across the road from the new Tauranga City Council building, the surrounding investment and redevelopment underway is reshaping the future of the city around it.

This is the type of property where vision and creativity could deliver something truly special.

For owner occupiers, the opportunity exists to create a standout headquarters in a location that will continue to strengthen as the City Centre evolves. Large floorplates of this nature are becoming increasingly difficult to secure, particularly in such a central and strategic position. With the right design and fitout, this could become an inspiring workplace for staff and clients alike.

For investors and add-value buyers, the fundamentals are equally compelling. The scale, location and surrounding development create genuine upside potential for those looking to reposition, refurbish or unlock future value within a tightly held City Centre market.

Properties offering this combination of size, positioning and future potential are rarely available in Tauranga’s City Centre.

Contact Duncan or Dan for more information or to arrange a viewing.

Features:

• Floor area: 691m²
• Prime Tauranga City Centre location
• Adjacent to new Farmers
• Vacant possession
• Strong foot traffic
• 2 onsite carparks

More information: https://www.colliers.co.nz/p-NZL67040410

Listing ID: 43080922

Premium Office | Quality Fit-out Beyond the Standard

An outstanding opportunity to secure one of the finest commercial units within the highly sought-after The Cube on Queen development. Unit 73 has been significantly upgraded to create a modern, professional workspace that stands apart from the standard commercial units within the complex.

Ideal for professional services, consultants, creative businesses, technology companies, administrative headquarters, sales offices, or owner-occupiers wanting to elevate their business image, this freehold unit offers the perfect balance of presentation, functionality, and long-term investment appeal.

Whether you're relocating your business, purchasing your first commercial premises or investing in a high-quality asset, Unit 73 provides a turnkey solution with nothing left to do. Simply move in and start operating from a workspace designed to impress both staff and clients.

Every detail has been carefully considered to create an environment that feels more like a premium office than a conventional commercial unit. Polished concrete floors, timber feature walls, a suspended ceiling, a carpeted mezzanine, two heat pumps, and a striking glazed roller door combine to deliver an exceptional working environment filled with natural light, comfort, and contemporary style.

Property Features:

• Premium Fit-out
• Approx. 72sqm ground floor
• Approx. 30sqm mezzanine
• Polished concrete flooring
• Carpeted stairs and mezzanine
• Timber feature wall panelling
• Suspended ceiling
• Two heat pumps
• Modern kitchenette
• LED lighting throughout

Practical Features:

• Automatic roller door (approx. 3.6m high)
• Upgraded glazed roller door providing excellent natural light
• Toilet with hand basin
• Fire alarm system
• Ample power outlets
• Full external CCTV coverage

Join One of Richmond's Premier Business Communities.
The Cube on Queen has become one of Richmond's most tightly held commercial developments, attracting quality owner-occupiers and established businesses seeking a secure, modern and professionally presented environment.

Development features include:

• Secure gated complex
• 24/7 CCTV surveillance
• Vehicle number plate recognition
• Landscaped common areas
• Excellent access to Richmond, Nelson and key transport routes

The Mixed Business zoning provides flexibility for a wide range of commercial activities, including professional offices, trade services, e-commerce, storage, distribution and business operations.

A Smart Business Move.
Premium commercial units with this level of presentation are rarely offered to the market. With the hard work already completed, there is no need to spend additional capital on creating a quality workspace; simply purchase, move in, and enjoy the benefits of owning your commercial premises.

Whether you're looking to stop paying rent, strengthen your business presence or secure a quality commercial investment in one of Richmond's most desirable business developments, Unit 73 presents an outstanding opportunity.

Listing ID: 43080936

Multi-Tenanted Industrial Investment

Positioned in one of Palmerston North’s sought after industrial precincts, 25–31 Pirani Place presents a compelling investment opportunity with proven income and enduring tenant appeal.

The property is fully leased to two established tenants, Arc-I Engineering and Elite Automotive, providing a diversified and stable income stream. Returning a net rental of $77,000 per annum, the investment offers immediate cashflow with the security of well-regarded local occupiers.

The improvements comprise a total building area of approximately 882sqm, positioned on a freehold landholding of 1,403sqm. The site is well configured for industrial use, offering functional buildings suited to a range of engineering and automotive operations, with access and front yard components supporting ongoing tenant requirements.

Located just off the busy Tremaine Avenue industrial corridor, the property benefits from excellent connectivity to key transport routes and surrounding commercial activity, underpinning its long-term desirability.

With a strong leasing profile, established tenants, and a strategic industrial location, this property represents an attractive opportunity for investors seeking a low-maintenance asset with reliable returns in a tightly held market.

The property is available For Sale by Deadline closing Tuesday 28 July 2026 at 3pm (unless sold prior).

Contact the Colliers team today for further information or to inspect the property.

(Note: All measurements and specifications are approximate. Boundary lines indicative only).

Features:

• Annual net rental $77,000 plus GST
• Leased to Arc-I Engineering with a 2 year term from 28 November 2025
• Leased to Elite Automotive with a 3 year term from 2 May 2025

More information: https://www.colliers.co.nz/p-NZL67041109