Commercial property for sale

Listing ID: 43019555

TICKS EVERY BOX!

Deadline sale: Closes on Wednesday 6 May 2026 at 4:00PM (unless sold prior)

Own this high-profile tenanted commercial property, perfectly positioned on Klinac Lane, within the heart of the busy thriving Waipapa Retail and Industrial precinct. This property boasts excellent road frontage on State Highway 10, offering exceptional visibility and exposure to traffic. This property ticks all the boxes, and this is a rare opportunity to secure a high-performing commercial asset in one of Northland’s most sought-after growth areas. 

This 3,848m² Freehold property boasts an unmatched location being surrounded by prominent businesses such as Carters, The Warehouse, Mitre 10 and Bunnings to name a few. This premium position ensures constant visibility for the property’s secure and reputable Tenant. The Tenant operates a well-diversified business holding the agencies not just for motorbikes, but for chainsaws, lawnmowers and marine. The buildings have a combined total floor area of 838m² configured as showroom, workshop, office and amenities, mezzanine space and storage. The property also features secure and large concrete and metalled yard spaces. The property also offers ample on-site carparking available, ensuring convenient access for customers. 

With limited commercial opportunities in this prime Waipapa location, this freehold investment property presents excellent long-term value and outstanding future potential. Whether you are expanding your property portfolio, or seeking a strategic Commercial investment, this is an opportunity you won’t want to miss! Enquire for lease details.

KEY FEATURES:
•    Established and reputable tenant: Northland Honda
•    Freehold land area: 3,848m² 
•    Total floor area: 838m² (approx.) plus a total of 1,858m² (approx.) in secure yard spaces
•    Excellent profile and exposure next to The Warehouse
•    High visibility off State Highway 10

For Sale
Deadline Private Treaty + GST (if any) (Unless sold prior)
6 May 2026 at 4pm, 33 Kerikeri Road, Kerikeri – Barfoot & Thompson Branch

Enquire for more information or to view, contact us now!

Listing ID: 43021544

New 9 Year Lease

A well-located central Te Rapa investment near The Base with excellent access on and off SH1. This three-sided freehold site benefits from access via all three road frontages and is secured by a long-term tenant on a new 9-year lease with fixed rental increases. 

For sale by Deadline Private Treaty closing 3pm Wednesday 6th May (unless sold prior). 

Features:

• 4,120m² site area
• Rental of $287,500p.a
• Separate truck access and parking
• 14 front carparks, and 19 rear
• Freehold title
• New 9 year lease
• Fixed rental increases
• Bank guarantee

More information: https://www.colliers.co.nz/p-NZL67038761

Listing ID: 43022349

Location, Opportunity and Vacant - Hornby

Colliers, as sole agent, is pleased to offer this well located industrial property for sale in Hornby Christchurch.

The property is currently occupied by Giesen Wines, who are relocating to new premises, creating an opportunity for owner occupiers or investors to secure a quality asset in a tightly held location.

The site includes multi level offices, a tidy warehouse, and a practical yard area, along with its own on site car parking. The layout is functional and flexible, suiting a range of business uses.

Located in an established Hornby industrial area with good access to key routes and local amenities, this is a great opportunity to purchase a well positioned building with strong long term appeal.

For further information or to arrange an inspection, please contact Colliers.

For sale by Deadline Private Treaty: 4pm, Wednesday 6 May 2026 (unless sold prior).

*Boundary lines are indicative only.

Features:

• 302sqm office
• 50sqm amenity
• 90sqm rear store
• 90sqm mezzanine
• 310sqm warehouse
• 11 carparks + yard

More information: https://www.colliers.co.nz/p-NZL67039514

Listing ID: 43022379

ROTORUA MOTEL - PRIME LOCATION & RECENT UPGRADES

High Exposure with Major Upgrades Completed

Positioned on a high-profile arterial route into Rotorua, this Freehold Going Concern (FHGC) motel presents a compelling opportunity for both investors and owner-operators. The property benefits from strong street presence and consistent traffic flow, providing excellent exposure and attracting regular walk-in guests.

The motel offers a diverse range of accommodation, comprising 19 self-contained guest units with configurations ranging from studios to larger multi-bedroom options, catering to a wide spectrum of guests including individuals, families, and group travellers.

The current management has been actively enhancing the property, with ongoing improvements contributing to its overall condition and presentation. This includes a leisure area adjacent to the mineral pool, providing guests with a pleasant space to relax and enjoy the surroundings. These enhancements contribute to the motel's well-maintained appearance and positive operational environment.

Significant capital investment has been made into key infrastructure, including an upgraded geothermal system, automated temperature control for the mineral pool, and a fully automated swimming pool chemical dosing system. These upgrades reduce immediate capital expenditure requirements for an incoming owner and provide a solid platform for continued operation.

With scope to further leverage the mineral pool and swimming pool facilities, there is potential to strengthen the motel's market positioning and support future growth.

The motel also benefits from a long-established presence in the market, having operated for several decades and built up a loyal customer base, including repeat individual guests and group bookings. This provides a stable foundation for ongoing business performance.

Key Features

• Freehold Going Concern with ongoing upgrades
• 19 self-contained units, catering to individuals and groups
• Prime location with strong traffic exposure
• Mineral pool with automated temperature control
• Swimming pool with automated chemical dosing system
• Geothermal bore recently upgraded

Room Configuration
The motel comprises 19 self-contained guest units, including a mix of:

• 3 studio units
• 9 one-bedroom units
• 6 two-bedroom units
• 1 three-bedroom units
• 2-bedroom manager's residence, suitable for on-site management or owner-occupation.

"Committed to You, Focused on Results!"

Enquire with Selina on 021 483 277 today for a confidentiality agreement to obtain further details.

Listing ID: 43022916

Where History Meets Opportunity

Steeped in history and presence, Lodge Manuherikia Kilwinning offers a unique opportunity to secure a landmark Art Deco style building in the heart of Alexandra.

The appealing 380sqm historic structure is set back off Alexandra’s main street – directly opposite Pioneer Park - on a 1,012 sqm section, offering unique lawn frontage.

Here, the savvy investors imagination can run wild.

Established as a Freemasons lodge back in 1915, the building carries architectural character and heritage appeal rarely found today.

Inside, the building offers two large main halls, a spacious commercial-style kitchen with island bench and dual sinks, separate men's and women's facilities, and two storerooms, offering a flexible footprint suitable for a wide range of potential uses.

Zoned for both commercial and residential use, this property presents exciting options for redevelopment, or continued community or business use - making it a genuine developer's dream.

This is a rare chance to breathe new life into a historic Alexandra icon - where heritage charm meets future potential.

Listing ID: 43023225

Well Located High Performing Industrial Asset

Colliers are pleased to present for sale 709A Tremaine Avenue, Palmerston North, an affordable and well-positioned commercial investment opportunity.

The property is securely tenanted by well-known local company Inhouse Computers, providing investors with immediate and reliable income.

With approximately five years remaining of the lease term, this asset offers strong medium- to long-term value and minimal management requirements.

Ideally located on one of Palmerston North’s main industrial arterials, the property benefits from excellent exposure and accessibility.

The vendor is seeking to simplify arrangements ahead of retirement, presenting a genuine opportunity for investors to acquire a proven, set-and-forget commercial holding.

The property is available For Sale by Deadline closing Thursday 7 May 2026 at 3pm (unless sold prior).

All enquiries and arrangements to undertake inspections to be directed to the sole agents.

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

Features:

• Net rental $54,601.58 per annum (plus GST)
• Floor area 340sqm
• Industrial zoning
• Rating value $850,000

More information: https://www.colliers.co.nz/p-NZL67039496

Listing ID: 43023247

Secure, Low-Maintenance Investment

CBRE is proud to exclusively present for Unit 2, 506 Blenheim Road, Sockburn to the market for sale at the asking price of $590,000 + GST (if any).

This ground‑level showroom/office is prominently positioned on one of Christchurch’s key commercial arterials on Blenheim Road, providing excellent exposure and easy access to main transport routes.

Built post‑earthquake, the building features a high quality fit‑out, strong street profile and excellent signage opportunities, providing a secure and low-maintenance investments.

Investment Highlights:
• Leased for five years from July 2023 plus rights of renewal
• Net rental of $35,400pa + GST + outgoings
• Conservative rental providing potential upside at renewal
• Modern post‑earthquake construction
• Strong tenant appeal and functional layout
• 177sqm (approx.) showroom/office
• Modern, high‑quality internal fit‑out
• Front and rear access
• Five on-site car parks

Contact the sole agents Paul Brown & Chengyang Zhang for more information.

Listing ID: 43023323

High Yielding Investment with Add Value Angle

This is a very rare opportunity to acquire a high yielding and highly diversified, multi-income stream freehold investment with genuine value-add potential.

The property comprises an 84-unit storage complex (currently 82% occupied), complemented by two standalone industrial tenancies. These are leased to a secure international tenant Ecolab and a national architectural and kitchen hardware distributor, providing a solid base of income.

Positioned on a significant inner-city landholding within the tightly held Middleton industrial precinct, the property benefits from favourable Mixed-Use zoning, which will continue to underpin long-term value and future flexibility.

Immediate upside can be captured through renting the remaining storage vacancies, while longer-term upside exists through redevelopment, as the rear building approaches the end of its economic life.

The opportunity to secure a site of scale, with diversified income streams and located in a tightly held industrial location, are seldom available in the market. Astute investors will recognise the strength of the underlying landholding, the resilience provided by multiple tenancies, and the ability to unlock further value through active asset management and future development.

Don't miss this high cash‑flow investment with future upside in the highly sought‑after Annex Road, Middleton.

Call the sole agents now for further information.

For sale by Deadline Private Treaty: 3pm, Thursday 30 April 2026 (unless sold prior). 

*Boundary lines are indicative only.

Features:

• High yielding investment
• Diversified income stream
• Immediate upside with Vacant Storage Units
• Total passing income* $367,709 + GST + OPEX as of 8 April 2026
• Further development potential
• Tightly held industrial location
• Future flexibility with mixed use zoning
• Significant land holding of 7,257 sq m
• Large Street frontage of 62m (approx)

More information: https://www.colliers.co.nz/p-NZL67039230

Listing ID: 43023573

Large 6186m² Whakatu Warehouse

This substantial industrial property comprises a modern warehouse with adjoining loadout canopy and single-level office, located within the established Whakatu Industrial Park in Hastings. The building has a total floor area of approximately 6,186.6m² and was originally constructed in 2004, with extensions completed in 2007 and 2010 to increase storage capacity. 

The warehouse provides high-quality dry storage with stud heights of 5.3 metres in the original building and 2007 extension, and 10.3 metres in the 2010 extension. A covered loadout canopy along the southern side provides all-weather loading with drive-through access via roller doors at each end, with access to the warehouse through two 5-metre-high automatic roller doors. 

The office and amenities area includes reception, open-plan administration space, two private offices, a large lunchroom and male and female amenities, with 17 on site car parks and secure perimeter fencing. Situated within the established Whakatu industrial precinct, the property offers excellent access to key transport routes, further enhanced by the Whakatu Arterial Link. The building is currently leased through to early 2027, with the potential for an earlier exit to be negotiated. 

For sale by Tender closing 2pm, Tuesday 12th May 2026 (unless sold prior).

Please contact Calum or Danny for further information or to arrange a viewing.

Features:

• Quality warehouse in the established Whakatu Industrial Park
• Functional clearspan space
• Stud heights of 5.3m (original and 2007 extension) and 10.3m (2010 extension)
• Drive-through, covered loadout canopy
• Positioned with excellent access to key transport routes

More information: https://www.colliers.co.nz/p-NZL67039638

Listing ID: 43027238

High-performing retail centre in growth location

Colliers is delighted to present this post earthquake, high quality retail centre situated in the heart of the expanding West Melton locality.

Comprising a modern building constructed in 2016, the property is fully occupied by 13 individual occupiers and benefiting from a large surrounding carparking area totaling approximately 129 individual spaces.

Sound income is provided across 13 tenancies incorporating a mixture of supermarket, health, hospitality and traditional retail occupiers. The overall weighted remaining lease term is approximately 2.71 years, providing sound security given the number of tenants. 

The current net income $854,539pa, with the vast majority of leases reviewed to CPI or the greater of market or CPI, ensuring potential rent growth is captured.

To the astute investor this is an opportunity to secure a modern fully occupied development in a strong location underpinned by multiple tenancies spreading risk, with some additional upside potential.

For sale by deadline private treaty closing, 4pm, Thursday 14 May 2026 (unless sold prior).

*Boundary lines are indicative only.

Features:

• Anchored by a Four Square Supermarket
• 100% occupied by 13 tenants
• 8,333 sq m land area
• Strong tenant covenants
• Strong position
• High growth locality
• Excellent onsite carparking
• Modern post earthquake built improvements
• Current WALT of circa 2.71 years
• Net income of $854,539 pa

More information: https://www.colliers.co.nz/p-NZL67039511

Listing ID: 43027667

Residential landholding with development potential

For sale by Tender, closing 1pm, Wed 20 May 2026 (will not be sold prior) Bayleys, 49 Manchester Street, Feilding.

291 Napier Road offers 2.77ha (more or less) of residential-zoned land in a proven growth location on the edge of Palmerston North.

The zoning provides a clear pathway for subdivision or development, subject to council approval. Scale of this nature within the city boundary is increasingly limited, making this a compelling option for developers seeking a project site or longer-term landbank.

Existing infrastructure includes a substantial 389sqm (more or less) dwelling, which can provide holding income or interim use while planning and consenting are advanced. The layout allows for flexible occupancy, supporting a range of holding strategies.

Located alongside established residential development and close to key transport routes, the fundamentals are in place for a future project.

Listing ID: 43027962

Secure income. Proven location. Future upside.

Colliers is privileged to present to the market 85 Hereford Street, Christchurch – a rare opportunity to secure a strategically positioned hospitality investment within the heart of the CBD.

Opportunities of this calibre and positioning are increasingly scarce. Situated within the revitalised central city, the property is underpinned by a net lease in place to an established tenant covenant, providing investors with a high degree of income security. The lease offers a new 10-year term commencing 1 August 2024, with approximately 8 years and 3.5 months remaining on the initial term, materially reducing ongoing management risk.

Further enhancing the offering is the significant underlying landholding and favourable zoning, providing flexibility and long-term optionality for future repositioning or redevelopment.

Christchurch’s CBD has undergone a transformational rebuild following the earthquakes, emerging as a modern, resilient, and highly desirable commercial environment. With billions of dollars invested into infrastructure, anchor projects, and public realm upgrades, the city centre is now firmly positioned for sustained growth.

The property returns a net income of $510,000 per annum, presenting a compelling opportunity for investors seeking a secure income stream underpinned by strong fundamentals and future upside.

We encourage your early consideration of this outstanding opportunity.

For sale by Auction: 10am, Thursday 14 May 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:

• Prime CBD location
• Land area – 901sq m
• Hereford Street frontage 17.85m
• Fee simple title
• Future development potential
• Favourable landlord lease in place
• Net income - $510,000 + GST + OPEX
• Lease term – 10 years with 8 years and 3.5 months remaining
• Established Hospitality tenant Rockpool & Micky Fins
• 4 x 2 bedroom apartments on top floor

More information: https://www.colliers.co.nz/p-NZL67039754

Listing ID: 43028090

Safe and Secure Industrial Investment

This is a standout, freehold industrial investment opportunity underpinned by great lease terms, including additional rights of renewal and built in rental growth linked to CPI.

This investment is located in Izone Business Park and is positioned on a prominent corner site. The building is a conventional and modern asset comprising clear span warehouse, quality office space and secure asphalt yard.

The building was purpose built in 2015 for the current occupying business, who are owned by an Australian company, listed on the Australian stock exchange. The property sits at only 32% site coverage which, enables future development scope to increase rental return and overall asset value.

Astute investors will appreciate the great opportunity to acquire a safe and secure, high quality modern industrial investment that’s located in one of the fastest growing industrial locations in New Zealand.

Call the sole agent to request the property information.

For sale by Auction: 10am, Thursday 14 May 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:

• Returning $161,866 + Opex + GST
• Land Area 3,361sqm
• Annual CPI rental growth
• Tenant covenant - large Australian listed company
• Development potential with 32% site coverage
• Additional rights of renewal

More information: https://www.colliers.co.nz/p-NZL67039223

Listing ID: 43028119

Invest in Tremaine Avenue

Long-standing panel and paint tenant with secure income and a strong profile.

A rare opportunity on one of Palmerston North’s busiest commercial corridors. This well-located property on Tremaine Avenue is occupied by an established panel and paint operator, providing dependable income in a tightly held area where properties seldom come to market.

With $56,083 net per annum plus GST, a 5-year term commencing 02 March 2025, and two (2) further five (5) year rights of renewal, the tenant who has operated on site for many years provides a straightforward, low-maintenance investment.

Properties of this nature, with established tenants and strong street exposure, are genuinely rare on Tremaine Avenue. The combination of secure income, proven tenant longevity, and a high-visibility location makes this an appealing option for investors seeking reliability and long-term performance.

For sale by deadline private treaty closing 2pm, Wed 20th May 2026 (will not be sold prior)

Listing ID: 43028161

Two Titles - Versatile Industrial

• Freehold corner property on arterial route
• Two titles totaling 2,444sqm (more or less)
• Available for sale together or separately
• Suit developer or owner occupier with an add value vision
• Strategically located close to local amenities, Hamilton CBD and Hamilton's major arterial routes
• Industrial zone and fully fenced
• Two accessways into the property
• Vacant possession

NAI Harcourts presents this freehold industrial property which has scale, flexibility, 2 titles and dual access. Offering a large corner site, this property is ideal for a variety of industrial uses, including yard sales. Its size and strategic location also makes it suitable for businesses in logistics, construction, storage or other industrial development. Purchasers may choose to acquire to occupy, develop, reposition or hold for future strategic use. For buyers seeking a well-located industrial site with potential for upside, this property warrants inspection. Contact the Agents today for more information.

To be sold by Deadline Sale closing 4pm, Thursday 21st May 2026 (unless sold prior)

Listing ID: 43028291

Heritage Icon

Positioned in the beating heart of Christchurch’s innovation precinct, 139 High Street presents a rare and compelling opportunity for owner-occupiers to secure a piece of the city’s architectural story without compromising on modern performance.

Originally constructed in 1905 as part of the iconic Duncan’s Buildings, this standalone character property is one of the few remaining examples to retain its original exposed brickwork in full. The result is a workspace that effortlessly blends heritage charm with contemporary edge, an increasingly sought-after combination for businesses looking to stand out.

Following the Christchurch earthquake events, the current owners have undertaken a meticulous restoration and strengthening programme, preserving the building’s integrity while future-proofing its functionality. Their work has transformed this family-held asset into a turnkey opportunity allowing incoming owner-occupiers to immediately capitalise on both the aesthetic appeal and structural reassurance.

Internally, the building is split across two tenancies, offering flexibility for owner-occupiers to utilise the entire premises or occupy one space while generating supplementary income from the other. The ground floor tenancy is particularly striking, equally suited to high-end office or boutique retail use, with expansive street frontage and prominent signage rights delivering strong brand visibility along vibrant High Street.

Natural light floods the interior, enhanced by impressive stud heights that create a sense of openness and creativity. Every detail has been considered, with LED lighting, fibre connectivity, modern power infrastructure, heat pumps, and a comprehensive alarm system ensuring the space meets the expectations of today’s businesses.

Practicality is equally well catered for. Dual access from High Street and St Asaph Street provides ease of movement, while secure bike storage, private bathroom facilities, and a shower support the needs of a modern, mobile workforce.

Importantly, the property’s favourable zoning supports a range of mixed-use outcomes, opening the door for future residential conversion or integration alongside office and retail uses, subject to the necessary consents.

Surrounded by a thriving mix of hospitality, retail, and creative enterprises, the location offers an energising environment for both staff and clients. Excellent nearby amenities and convenient public transport links further enhance day-to-day accessibility and appeal.

For owner-occupiers seeking more than just premises, those wanting identity, presence, and long-term value, 139 High Street represents a truly distinctive offering.

Opportunities to secure a fully restored heritage asset of this calibre, in such a tightly held and dynamic precinct, are exceptionally scarce.

For sale by Auction: 10am, Thursday 14 May 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:

• Net Lettable area 340 sqm
• Zoned Central City Mixed Use (CCMU)
• Abundance of nearby car parking options
• Superb surrounding amenity
• Land area 241 sq m freehold title
• Desirable Innovation Precinct location
• Heritage protected building
• Exciting owner occupier opportunity for residential and/or commercial uses

More information: https://www.colliers.co.nz/p-NZL67039487

Listing ID: 43028444

Entry level investment in Rosebank precinct

• Fully refurbished 216sqm (approximately) ground-floor office unit
• Eight (8) onsite car parks with easy access
• Leased to established tenant Intelligent Environments Limited
• Returning $51,240pa + GST with a tidy, affordable profile
• Straightforward, hands-off investment in a proven commercial location

Secure a smart, entry-level investment with this well-presented ground-floor office at 1/485A Rosebank Road. Fully leased to Intelligent Environments Limited, this opportunity provides immediate income from an established business in a tightly held precinct.

Comprising 216sqm (approximately), the space is presented to a modern standard, offering a practical and efficient layout with good natural light and direct ground-floor access. The inclusion of eight onsite car parks adds strong tenant appeal and long-term usability.

Located in the established Rosebank Business Park, this property sits within Avondale’s tightly held commercial precinct in West Auckland. The area supports strong tenant demand, with excellent access to SH16 and the Waterview Tunnel, providing efficient links to the CBD, airport, and wider region. Rosebank continues to be a highly reliable and sought-after commercial location.

Listing ID: 43028628

Azur Lodge - a rare freehold going concern

A luxury lodge overlooking Lake Whakatipu in Queenstown is being offered to the market for sale, giving buyers the opportunity to acquire a premium accommodation asset with future upside.

Operating successfully since 2004, it is an established and highly regarded retreat. Just five minutes from Queenstown centre, it's a hidden gem away from the hustle and bustle.

The lodge (23 MacKinnon Terrace) comprises nine private luxury villas and a large reception lodge with kitchen, dining and multiple living areas. It is idyllically positioned on an exclusive hilltop across 13,913 square metres of freehold land, capturing spectacular panoramic views of The Remarkables, Lake Whakatipu, and Walter and Cecil Peaks. 21 MacKinnon Terrace is a vacant section of 1377 square metres adjacent to the lodge offering the flexibility for the lodge's future development.

Each villa was thoughtfully designed by award-winning architect John Blair & Co. They showcase high-end craftsmanship and timeless alpine elegance. Lodge expansion and extension design done by Warren and Mahoney also received resource consent in December 2019. Two extra two bedroom villas and a gate lodge was proposed and approved.

Each guest villa is approximately 80 square metres in size internally with private outdoor deck, designed with sophistication and comfort in mind. All villas are equipped with a heat pump, gas fire and under-tile heating to ensure the guests have a warm and comfortable stay. The bathrooms rival those of the world's finest hotels, completing the premium guest experience with sweeping 180-degree alpine views.

Azur has received numerous hospitality industry accolades and last year it was awarded One Michelin Key alongside fellow Queenstown accommodation offerings Rosewood Matakauri Lodge, Eichardt's Private Hotel, and Gibbston Valley Lodge and Spa.

This is a rare opportunity to buy a reputable property with a successful and profitable business in the tourism mecca of New Zealand.

For sale by deadline private treaty closing 4:00pm Tuesday 12 May 2026 (unless sold prior).

International enquiries welcome.

View Information Memorandum here: https://isu.pub/yNDLCBE

View Video here: https://youtu.be/cBShO7GqHk8

Listing ID: 43028753

PRIME POSITION, EXCEPTIONAL VALUE

Auction: 33 Kerikeri Road, Kerikeri on Tuesday 19 May 2026 at 1:00PM (unless sold prior)

Positioned in the heart of Kerikeri’s tightly held industrial precinct, this well-located property on sought-after Mill Lane presents a compelling opportunity for both Owner Occupiers and Investors. Mill Lane has evolved beyond a traditional automotive hub into a thriving destination retail and trade location. It is home to a strong mix of established surrounding businesses, including Bridgestone Tyres, Northland Petfood, JA Russell, Kerikeri Tyre Zone, Max Coffee Roasters and Bay Aluminium.

Mill Lane offers excellent connectivity to the Kerikeri CBD and State Highway 10, ensuring seamless access for logistics, distribution, and day-to-day operations. Opportunities to secure property on Mill Lane are rare, and the out-of-town vendors have made their instructions clear – this property must be sold. 

The building comprises 212m² (approx.) of total floor area, including workshop, office, amenities and mezzanine space. Constructed with functionality in mind, the property features a concrete yard at the front and a small rear yard. Offered with vacant possession, this is an ideal opportunity to establish, expand, or invest in a proven and highly desirable location. 

KEY FEATURES:
•    Land area: 319m² (approx.)
•    Total floor area: 212m² (approx.) 
•    Concrete front yard plus small rear yard
•    Zoned Industrial
•    Excellent road frontage with high exposure on Mill Lane
•    Surrounded by established businesses

For Sale By Auction (unless sold prior) + GST (if any)
19 May 2026 at 1pm, 33 Kerikeri Road, Kerikeri – Barfoot & Thompson Branch

For more information or to view, contact us now!

Listing ID: 43028974

Industrial Investment with Upside

Positioned in the heart of Onekawa, this well-located industrial property at 104 Niven Street presents a compelling opportunity for owner occupiers, investors and value-add buyers alike.

Currently tenanted by NTD Plastics, the property returns $50,635 per annum + OPEX + GST, with just under two years remaining on the lease. Importantly, there is potential flexibility, with the tenant potentially open to vacating - creating an opportunity for owner-occupiers or investors to reposition and enhance the asset. An example is turning the 420sqm warehouse into three separate tenancies.

Adding to the income stream, Transport and Marine occupy part of the yard along with a container shed, contributing a further $5,200 per annum + OPEX + GST.

Key Highlights:

• Established industrial location in sought-after Onekawa
• Dual income streams with holding income in place
• Returning approximately $55,835 pa + OPEX + GST
• Potential to increase rental
• Opportunity for owner-occupiers to secure future premises
• Value-add potential

This is a smart acquisition for buyers seeking a mix of immediate income and future upside in one of Napier's key industrial precincts.

For further details please contact the listing agent Shannon Caldwell today.

• boundary line in photos indicative only

Deadline Sale closes 4.00pm Tuesday 5 May 2026, Harcourts, 308 Hastings Street, Napier (unless sold prior)