Commercial property for sale

Listing ID: 43101092

Prime Parnell retail treasure

• 115sqm (approximately) freehold retail unit plus three secure car parks
• High-profile with wide frontage to Parnell Road
• Prime location in the heart of Parnell retail strip
• Easy walking distance to CRL stations. Newmarket and CBD a short drive away
• A rare opportunity for owner occupiers and add value investors

395 Parnell Road offers a modern, well-presented 115sqm retail unit with three secure onsite car parks, positioned on busy Parnell Road. This is a rare chance to secure your place in one of Auckland's most prestigious city-fringe suburbs.

Offered with vacant possession, the property is an ideal opportunity for both owner occupiers and investors seeking a contemporary asset in a prime location. The versatile layout suits a wide range of retail or commercial users, while the wide frontage provides excellent natural light and strong street presence. With three easy, secure car parks onsite, accessibility and convenience are standout features.

An opportunity not to be missed - call the agents to arrange inspection now!

Listing ID: 43101168

Farm Source – Lease runs to 2042

• Long term lease in place to Farm Source - part of Fonterra, NZ's largest company
• Net rental $127,165pa (as at November 2026)
• Category ‘A’ seismic rating (90% NBS)
• Well presented, modern and adaptable property
• 4,145sqm (more or less) prime site on a main road in NZ's rural heartland
• Affordable and sought after investment that ticks all the boxes

Well positioned only 200 metres from State Highway 3, this high-profile property is located on an important link road within the main commercial and industrial area of the rural service centre and well-known dairy town, Hawera.
This attractive, modern and adaptable building provides 936sqm of lettable area on a large 4,145sqm site with sealed yard, dual access and excellent manoeuvrability.
The property has been leased since new by RD1 Limited, now Farm Source, fully owned by dairy giant, Fonterra. With 65 stores nationwide, Farm Source is New Zealand's largest retailer of agricultural supplies to dairy farmers.
With a long lease, final expiry 2042 (if all renewals are exercised), the mix of fixed (3%) and market rent reviews provide a strong and growing income stream.
Investments with these fundamentals in this price range rarely become available.

Listing ID: 43101670

Flexible occupier opportunity next to CRL Station

• 361sqm (approximately) freehold building next to CRL station
• 364sqm (more or less) freehold land zoned Business – City Centre
• Versatile, open plan premises ideal for occupiers or astute investors
• Available for immediate occupation

This exceptional building presents a rare opportunity to secure a premium "turnkey" asset in a strategic CBD Fringe location, directly opposite the Karanga-a-Hape CRL station.

Office owner-occupiers can showcase their business in style, taking advantage of the flexible open-plan configuration along with a generous secure basement car park, with parking for eight-plus vehicles. Alternatively, a Central City live-work configuration could be explored (subject to council consents).

Strategically positioned directly opposite the CRL station, the property offers not only access to public transport links, but also excellent proximity to the rich array of amenities which this Central City precinct provides.

Consideration must also be given to the future development potential of the property, with an intensive Business – City Centre zoning allowing for residential and commercial redevelopment of up to 35 metres.

Listing ID: 43101678

Triple-treat Napier investment

• $72,450 + GST net lease investment
• Busy corner location with easy parking
• Community hub retail with established long-standing tenants

Suburban shopping centre investments don’t get much better than this to start or bolster your portfolio. Reluctantly offered to the market by the vendor family for the first time in over 17 years, this long-standing fully tenanted multiple tenancy and exceptionally positioned corner property offers secure cashflow.

Complementary tenants including the ever-popular League Park Superette, League Park Fish Supply and Century Bakery & Café provide locals within the central suburb of Onekawa and passers-by on the busy arterial route of Taradale Road the ability to support these successful businesses.

A strong contender for any investor to genuinely consider.

Listing ID: 43101694

Scale Meets Flexibility in Parnell

• 2.37ha (more or less) development site across two titles
• Business – Mixed Use zoning with extensive development flexibility
• Approved Resource Consent provides planning baseline
• Predominantly level landholding with no demolition required
• Adjacent to Parnell Train Station and minutes from the CBD
• Rare large-scale city fringe opportunity

One of the last development sites of this scale in Parnell, this exceptional landholding combines favourable zoning, approved planning work and outstanding connectivity (trainline, motorways and city) to deliver a compelling opportunity. Suitable for residential, Build-to-Rent, retirement, mixed-use, commercial and other large-scale development outcomes.

International Expressions of Interest (unless sold prior)
Closing 4pm, Tuesday 15 September 2026 (NZST) Bayleys House, 30 Gaunt Street, Auckland Central, New Zealand

Listing ID: 43101696

Versatile 4,937sqm industrial on 1.6ha site

Key features:

• Substantial 1.6476ha General Industrial zoned landholding
• 4,937sqm of functional industrial improvements including a gantry
• Two clear-span warehouse bays connected by a fully closeable canopy
• Extensive concrete yarding with full drive-through capability
• Surplus land offering future flexibility and value-add potential

Available for sale or lease, 26 Tuakau Saleyards Road presents a rare opportunity to secure a substantial industrial facility, with the flexibility to support growing operations using the existing sorting and gantry infrastructure, or repurpose the property to suit a wide range of alternative uses.

Positioned on a 1.6476ha (more or less) site, the property offers surplus land at the northern end of the site to further enhance the property's flexibility and long-term potential.

Offered with vacant possession, the property will appeal to owner-occupiers seeking an operational headquarters, investors looking to secure an industrial asset with leasing potential, and tenants requiring a well-located facility with scope for future growth. Conveniently positioned with easy access to State Highway 1 via the Pōkeno and Bombay interchanges, the property provides excellent connectivity throughout Auckland and the Waikato.

For more information or to arrange a viewing, please contact the agents below;

Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz

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

Mike Hook
027 332 2495
mike.hook@bayleys.co.nz

Listing ID: 43101855

Unlock the potential – Freehold in Wairau Valley

Add value in one of Auckland's premier industrial precincts.

Opportunities to secure a substantial freehold industrial property in the heart of Wairau Valley are becoming increasingly rare. Available for sale or lease, 18 Parity Place comprises approximately 1,369sqm of building area on a generous 2,775sqm (more or less) fee simple site, zoned Light Industry. There is approximately 300sqm of rear land area currently underutilised, which could be transformed into additional car parking spaces or yard area.

Positioned within one of Auckland's most tightly held industrial precincts, the property offers a versatile mix of warehouse and office accommodation, complemented by extensive sealed yard areas. Suitable for developers, investors, owner-occupiers, or tenants, the property provides exceptional flexibility in a highly sought-after North Shore location.

Currently configured as two separate tenancies, the property offers potential for dual income streams, owner-occupation with holding income, or reconfiguration to suit a single occupier. The substantial rear yard provides secure storage, additional parking, or excellent container access - an increasingly rare feature in Wairau Valley.

For purchasers seeking to create value, the existing improvements present an outstanding opportunity for refurbishment and modernisation, unlocking significant upside in a market where quality freehold industrial assets remain tightly held.

Contact the exclusive selling agents for further information:
Jaye Miller 027 376 1118 | Trevor Duffin 021 245 9731

Property highlights:

• First time on the market since 1983
• Approximately 1,369sqm total building area
• 2,775sqm (more or less) fee simple site
• Vacant possession
• Light Industry zoning
• 24+ on-site car parks
• Extensive sealed rear yard for secure storage or parking
• Opportunity to refurbish and add value
• Prime Wairau Valley location
• Rare opportunity to secure a substantial freehold industrial holding on Auckland's North Shore

Call the sole agents now for viewings and further information.

Listing ID: 43105095

Entry level retail investment

Immaculate retail investment opportunity in a strategically positioned, modern retail development on SH1, Timaru.

Positioned within the established and highly regarded The Landings retail precinct in Timaru, Unit 5 presents a compelling opportunity to acquire a modern, passive, commercial investment secured by longstanding national branded tenant Pita Pit.

Having occupied the premises since the development’s inception in 2016, Pita Pit has reaffirmed its commitment to the location through a new 10-year lease commencing March 2026. The property currently returns $52,437 per annum net and offers investors the benefit of secure long term cashflow, built-in rental growth provisions, and a further 10-year right of renewal extending the final expiry through to March 2046.

Strategically positioned amongst a strong mix of complementary national brands including Columbus Coffee, Hell Pizza and Burger Fuel, Unit 5 benefits from excellent exposure within the complex together with consistent customer traffic generated by the wider retail offering.

Constructed with low maintenance materials and supported by generous onsite parking, the property is well suited to investors seeking a hands off investment with enduring tenant appeal and long term underlying value.

This offering represents an exceptional opportunity to secure a proven retail investment within one of Timaru’s popular large format retail and hospitality destinations.

For sale by Auction: 10am, Thursday 17 September 2026 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.

*Boundary lines are indicative only.

Features:

• 10 year lease from March 2026
• Established national branded tenant
• Net annual income $52,437 per annum + GST & Outgoings
• One right of renewal of 10 years (final expiry March 2046)
• Quality tenant mix
• Considerable frontage and profile to SH1
• Good onsite parking
• Annual CPI rent reviews

More information: https://www.colliers.co.nz/p-NZL67040586

Listing ID: 43105470

Right on the City's Edge

What a terrific opportunity to investigate on today's market, with a massive 'F' for future written all over it. Here's just over 20ha on offer, right between the Waikato Expressway and Hamilton City, arguably one of New Zealand's fastest growing locations.

Currently, the property is zoned general rural zone (GRUZ) and is located within the boundary of Waikato District Council. The land directly over the road is in the General Residential Zone in the Hamilton City Council catchment. With the proposed amalgamations on the table, watch this land become part of the Waikato super city.

Seriously set for sale by our farming vendor family, this property must surely be one of the last 'Aces in the pack' when it comes to growth within the Hamilton City Region.

I invite you to register your interest to view the property, as well as receive our Information Memorandum, LIM and tender documentation. Set for sale by Tender, closing 12 noon on the 30th of September 2026, I look forward to meeting with you soon.

Listing ID: 43105886

High Profile South Auckland Landholding

RWC Auckland is pleased to present 59 Wiri Station Road, Manukau to the market, a substantial vacant landholding positioned in a highly connected South Auckland location.

Comprising approximately 7,210sqm more or less across three land parcels, the property sits adjacent to Wiri Station Road, Lambie Drive and State Highway 20, with convenient access to Manukau City Centre and the wider South Auckland transport network.

The property is currently vacant with no formal leases or licences in place, providing purchasers with the opportunity to secure a sizeable landholding in an established and strategically located area.

Under the Auckland Unitary Plan, the property is zoned Open Space - Informal Recreation, with Sections 9 and 10 SO 435724 zoned Road. Purchasers are advised to undertake their own planning due diligence in relation to their intended use.

Auckland Council land use consent has been granted for a new vehicle crossing from Wiri Station Road, designed as a left-in / left-out access arrangement. The consent includes associated traffic mitigation measures, including an extension of the raised median, signage and vegetation trimming to maintain clear sight lines. The vehicle crossing has not been constructed and will be the responsibility of the purchaser.

Supporting due diligence information is available, including title documentation, survey plans, easement instruments and vehicle crossing consent documentation.

This is a rare opportunity to secure a strategic landholding in Manukau with strong connectivity, exposure and long-term potential, subject to all necessary planning, access, services and legal due diligence.

Key Features:

• Approximately 7,210sqm more or less of vacant land
• Strategic position adjoining Wiri Station Road, Lambie Drive and State Highway 20
• Close proximity to Manukau City Centre and key South Auckland transport corridors
• Currently vacant with no formal leases or licences in place
• Auckland Council land use consent granted for left-in / left-out vehicle access from Wiri Station Road
• Vehicle crossing to be constructed by the purchaser
• Zoned Open Space - Informal Recreation, with Sections 9 and 10 SO 435724 zoned Road
• Supporting due diligence material available, including title, survey, easement and consent documentation

59 Wiri Station Road, Manukau, Auckland is being offered for sale by Deadline Private Treaty closing at 4pm on Thursday, 17 September 2026 (unless sold prior).

Listing ID: 43105961

Live/Work at Shotover Ridge - Vacant Possession

Colliers, as sole agents, is pleased to present Unit 17, 183-193 Glenda Drive Frankton, to the market for sale by Auction on Wednesday 16 September 2026. Positioned within the tightly held Shotover Ridge Unit, the property comprises of a modern 180sqm unit, split evenly across two 90sqm floor plates.

The property will be provided with vacant possession, giving a purchaser flexibility from settlement. Owner-occupiers can establish their business in the premise immediately, while investors have the opportunity to tenant and structure lease terms which align with their investment strategy.

A key point of difference is the property's flexible zoning, which allows for commercial uses across both levels or a combination of commercial on the ground level with residential accommodation above - a highly desirable feature within the Frankton market.

Investment highlights:

• 180sqm floor plate, split evenly across ground and first floor
• Offered with vacant possession
• Opportunity for investors to structure new lease terms to tenants
• 3 on site carparks

This is an opportunity to secure a well-located investment opportunity in a tightly constrained market.

For Sale by Auction, to be held at Colliers Level 2, 10 Athol Street at 11am on Wednesday 16 September 2026 (unless sold prior).

Please contact the sole agents for further information or to arrange an inspection.

Listing ID: 43106140

Industrial Workshop – Ready to Occupy

37 Thorn Place, Onekawa offers a substantial heavy-duty industrial property across two adjoining freehold titles, providing a combined land area of 2,095m².

The property comprises approximately 750m² of buildings, including warehouse and factory space, offices, staff amenities, a separate garage and a lean-to. The buildings were developed in stages between 1990 and 2007.

With practical yard and parking areas, vacant possession and flexibility for engineering or other medium-to-heavy industrial uses, this is an excellent opportunity for owner-occupiers.

For sale by Deadline Private Treaty, closing 3pm Wednesday, 16 September 2026 (unless sold prior).

More information: https://www.colliers.co.nz/p-NZL67041857

Listing ID: 43106367

Modern industrial asset | 5,223m2 freehold site

Property Brokers Hawke's Bay is proud to bring 5 Maultsaid Place to the market. Positioned within the established Irongate industrial precinct, 5 Maultsaid Place is a high-quality industrial property combining a modern 2025-built warehouse, substantial office accommodation and a separate workshop on a large freehold site.

The main building provides 1,608m2 of warehouse, 347m2 of office and amenities, a 105m2 balcony and 7.2m stud height, complemented by a dedicated loading zone and two gantry rails. A further 240m2 workshop, constructed in 2021, provides additional operational flexibility.

Strategically positioned, neighbours include Mainfreight, Rockit Apples, Lattey Group, Placemakers and Scania. The property offers excellent connectivity to critical transport links and a strong industrial location.

Key Highlights

• 5,223m2 industrial-zoned freehold site
• 1,608m2 modern warehouse completed in 2025
• 347m2 office and amenities across two levels
• 105m2 balcony
• 7.2m stud height
• Dedicated loading zone
• Two gantry rails
• 240m2 workshop built in 2021
• High-quality, modern improvements
• Excellent location within Irongate industrial

Whether you're looking for a high-quality owner-occupier facility or a strategically positioned industrial investment, 5 Maultsaid Place offers the scale, quality and location to warrant serious consideration.

Contact Property Brokers Commercial today for further information or to arrange an inspection.

Listing ID: 43106644

12-year lease to NZ manufacturing leader

Bayleys is pleased to present Building A, 75 Waikura Road, Drury, a brand-new freehold industrial investment leased to Slumberzone New Zealand Limited, one of New Zealand's leading mattress manufacturers.

Purpose-built for the occupier, the property comprises a modern high-stud facility with premium office accommodation and expansive canopy areas, delivering the functionality sought by today's industrial tenants. The asset returns net income of $1,378,475pa + GST and is secured by a 12-year lease term, further rights of renewal, annual rental growth provisions and a bank bond security.

Located within the rapidly emerging Drury industrial precinct, this freehold asset presents a rare opportunity to acquire a brand-new investment combining long-term income security, built-in rental growth and a proven national tenant covenant.

Key features:

• Freehold land and buildings
• Net income of $1,378,475pa + GST
• 12-year lease with two further rights of six years
• Annual fixed rental growth
• Bank bond security
• Leased to Slumberzone New Zealand Limited
• Brand-new, high-specification industrial facility

For further information, contact the sole agents

Paul Steele
021 494 111
paul.steele@bayleys.co.nz

Greg Hall
021 023 21884
greg.hall@bayleys.co.nz

Listing ID: 43110736

Iconic Waterfront Hotel - Must Be Sold

The Bluewater Hotel represents a substantial accommodation offering in one of Napier’s most sought-after waterfront locations, enjoying an enviable position overlooking the picturesque Ahuriri Inner Harbour. 

Set across a 5,166m² leasehold site, the four-level hotel complex comprises 66 guest rooms, a restaurant and bar. 

Between 2020 and 2024, the property was utilised as emergency accommodation under a government housing programme. Following this period, the Bluewater Hotel returned to its traditional hotel operation and has now been operating as an accommodation venue for the past 18 months. Significant refurbishment and improvement works were undertaken to support its return to hotel use, including new carpeting, interior painting, upgraded bathrooms, cabinetry and kitchenettes where required, together with a full exterior repaint and further property improvements. 

Positioned in the heart of Ahuriri, the hotel benefits from one of Hawke’s Bay’s most desirable coastal destinations. This vibrant waterfront precinct is renowned for its boutique retail, galleries, cafés, restaurants and bars, together with its marina, coastal walkways and recreational amenities. 

The Bluewater Hotel presents a rare opportunity to secure a significant hospitality asset in a tightly held location.

Contact Danny Blair today for further information.

Features:

• Prime leasehold inner harbour site of 5,166m²
• Premium four level accommodation complex with 66 rooms, restaurant, and bar
• Recent upgrades providing high quality amenities
• Positioned in a high demand area with a growing tourism base
• Strong proven accommodation asset

More information: https://www.colliers.co.nz/p-NZL67042003

Listing ID: 43110880

Renewable Energy Investment With 30 Year Lease

NAI Harcourts is instructed by the executors of the estate to bring 124 Lamb Road, Pukenui to the market for sale.

Positioned in the sun-drenched Far North, this 15.8555 Ha freehold property offers a long-term cash-flow investment. Fully tenanted by a consented and operational solar farm, this asset presents a prime opportunity for passive wealth generation through renewable energy.

Key Investment Highlights:
• Secure Passive Income: Net annual rental of $62,964 +GST, with all outgoings recovered from the tenant.
• Long-term cash-flow duration: Secure income security underpinned by a 30-year registered lease from 2022, complete with a 30 year right of renewal to lock in generational cash flows.
• Annual rental upsides: Built-in annual CPI rent adjustments ensure continuous yield protection against economic shifts over the life of the lease.
• Ideal for private investors, investment companies, and Iwi seeking a zero-friction, institutional-style asset requiring no day-to-day management.
• With direct exposure to New Zealand's clean energy transition and generation, this investment provides for an outstanding ESG alignment.

Whether you are expanding a family investment portfolio with long-duration cash flows or seeking a premier sustainable asset with secure fundamentals, this Far North solar farm delivers security, scale, and sustainability in equal measure.

Contact Paul van den Berg and Steve Smyth today for more information.

Listing ID: 43110991

Iconic Glenorchy Freehold Going Concern

Colliers Otago is proud to exclusively present the iconic Glenorchy Hotel to the market.

Steeped in history and occupying a prominent and highly visible corner position in the heart of Glenorchy, this freehold going concern offering comprises a well-established hospitality and accommodation business set across 3,028sqm (more or less) of prime dual frontage land held over two titles.

The property features a popular bar, beer garden, restaurant and guest accommodation, general store / information centre, cabins, extensive parking and various outbuildings complemented by two separate dwellings. With multiple income streams and a long-standing trading history, the Glenorchy Hotel represents a rare opportunity to acquire a diversified tourism asset in one of New Zealand's most spectacular destinations.

Located just 45km from Queenstown, Glenorchy serves as the gateway to the many walking tracks and world-renowned outdoor attractions. The Glenorchy township continues to benefit from strong year-round domestic and international visitation, underpinned by its proximity to Queenstown and breathtaking natural beauty with strong growth projections forecast. The Glenorchy population also continues to grow,

Beyond the existing operations, the property's substantial landholding, central location and favourable zoning provide potential for expansion or redevelopment, subject to the necessary approvals. Opportunities of this scale and profile are exceptional hard to come by, offering pruchasers the chance to secure an iconic Queenstown-Lakes asset with both trading income and long-term potential.

• Freehold going concern
• Iconic established hospitality and accommodation business
• Multiple diversified income streams
• Potential for expansion
• Approximately 3,028sqm of land across two titles
• Onsite managers and staff accommodation
• Prime corner position in the heart of Glenorchy
• Strong tourism demand and year-round visitation
• Gateway location to major outdoor and visitor attractions
• Rare New Zealand hospitality offering

For further information or to arrange a viewing, please contact the exclusive agents Doug Reid and Alastair Wood.

Deadline Sale closing 3pm, 30 September 2026 (unless sold prior).

Listing ID: 43111019

High-Profile Colombo St Investment - 6 Year Lease

CBRE is pleased to present 458 Colombo Street to the market for sale by way of Auction on the 22nd September 2026 at 12pm (unless sold prior).

Positioned on one of Christchurch's busiest suburban commercial corridors, 458 Colombo Street presents an affordable freehold investment opportunity within the heart of the established Sydenham commercial precinct.

The property comprises a well-presented single-level commercial building situated on a high-profile Colombo Street site, benefiting from excellent exposure, accessibility and strong surrounding commercial activity. The location continues to attract both occupiers and investors due to its strategic city fringe position and proximity to Christchurch CBD.

The property is leased to Bikanervala on a six year lease plus renewalls, an internationally recognised Indian restaurant and confectionery brand with an established presence throughout New Zealand and overseas, returning $70,200 net per annum plus GST and outgoings.

Underpinned by Local Centre zoning and a 67% NBS rating, this offering combines secure holding income with long-term location fundamentals in one of Christchurch's most established commercial precincts.

Investment highlights:
· Returning $70,200 net p.a. + GST and outgoings
· Leased to internationally recognised brand, Bikanervala
· Freehold land and building
· High-profile position on Colombo Street
· Approx. 210sqm building on 212sqm freehold site
· Located within the established Sydenham commercial precinct
· 67% NBS
· Local Centre zoning
· Affordable city fringe investment

For more information and to schedule a viewing, please contact the Sole agents, Chengyang Zhang (021 387 167) or Paul Brown (021 386 069)

Listing ID: 43111221

B&B Business With Owners Accommodation

Looking for the perfect blend of home, lifestyle and income? This well-established bed and breakfast presents an exciting opportunity for an entrepreneur to step into a business that is already established, well set up and ready to go.

The owners' accommodation has been modernised and thoughtfully updated throughout, creating a light, bright and inviting home with open-plan living. With two bedrooms and private bathroom, there is comfortable and private accommodation for the new owners.

For guests, there are seven bedrooms, currently generating between $70 and $95 per night, providing an excellent opportunity to create a regular income stream. Guests also enjoy access to a communal lounge and dining area, a compact yet functional kitchenette, showers and toilets, along with laundry facilities.

With plenty of off-street parking and the property already configured for guest accommodation, there is little left to do other than welcome your first guests.

Whether you're looking for a change of lifestyle, an opportunity to work for yourself, or simply a business where you can meet people from all walks of life, this could be the perfect fit. Meet travelers from all over the world, create your own work-life balance and enjoy the rewards of running your own accommodation business from home.

Opportunities like this don't come along often, your new business and lifestyle could be waiting right here.

Listing ID: 43111255

FREEHOLD HIGH YIELD TOWN CENTRE PROPERTY

Strategically located in the heart of the Otahuhu town centre, 327 Great South Road is a versatile, two-level commercial freehold property offering exceptional exposure and dual-income potential. Situated just 120 metres from Otahuhu Police Station and only a five-minute drive to motorway access, this property benefits from a prime position in a low-vacancy precinct. 

KEY FEATURES:

• Fee Simple tenure
• Town Centre zone
• Approximately 563m² total floor area on 412m² freehold site. Floor area consists of 320m² on the ground floor and 243m² on the first floor.
• Built in the 1920s, this building has been well looked after and maintained. The most extensive renovation took place in 2022 (Partial roof replacement, the balance of the roof was maintained and painted. Level 1 was refurbished completely with new flooring, lighting and fresh paint. Approximately $140,000 was spent).
• Stable retail tenant on ground floor (Been there since 2022, ready to renew for another four years from 30 January 2027) plus level 1 residential tenants on an annual tenancy agreement.
• Ground floor retail tenant paying $100,000 + GST p.a.
• Upstairs residential tenant paying $59,800 no GST p.a. 
• Total outgoings - $16,034 + GST p.a. (Rates $12,446 and Property Management Fee $3,588)
• Total net income is $143,766 + GST (if any) p.a. This is equivalent to a 7.26% net yield.
• High-profile position in the middle of Otahuhu town centre. With free customer parking right in front of the property and excellent transport links nearby. It is approximately 120 metres from the Otahuhu Police Station and a five-minute drive to the Motorway. 
• 34% NBS seismic rating
• Vendor Finance - 50% LVR up to $1 million. Additional guarantee will be required.
• If you are an occupier looking to open up your own retail business in a bustling town centre, there is the opportunity to purchase it with vacant possession. 

This mixed-use asset is situated in a high-growth suburb neighbouring key areas such as Papatoetoe, Mangere, Mt Wellington, and Penrose, making it an excellent addition to any portfolio or a strategic base for your business.

For further information or to arrange a viewing, contact the sole agents today. Please allow 48 hours' notice to view upstairs.