Commercial property for sale

Listing ID: 42947214

Substantial Mount Land & Buildings

Positioned at 249 Maunganui Road in the vibrant heart of Mount Maunganui, this commercial property presents an exceptional opportunity in a prime downtown location. Zoned for commercial use, the site spans an impressive 1,331m² and includes a substantial 1,325m² multi-level building that has recently undergone extensive renovations. Located on bustling Maunganui Road and just a short stroll from the Mount’s iconic beach and tranquil Pilot Bay, as well as the famous Mount walking tracks.

The building is configured into multiple tenancies, that can cater to retail, hospitality, and office spaces, and also includes an exclusive apartment on the top floor with elevated views. The ground level offers a premium street-front retail position with an open-plan area of approximately 425m² which can be split into multiple tenancies, while Level 1 provides a range of office suites from 100m² to 200m², with flexibility for larger spaces if required. Level 3 features a single office of 112m², ideal for a boutique operation or professional workspace.

With ample onsite parking, both covered and uncovered, ensures convenience for tenants and customers. There is also significant potential to further expand the lettable floor area. Directly across from the park and cruise boat terminal, this property sits in the heart of Mount Maunganui’s hospitality and entertainment strip, making it an outstanding investment and leasing opportunity in one of New Zealand's most sought-after beachside destinations.

Features:

• Commercial zoning
• Prime downtown mount location
• Includes top level Apartment
• Sold with vacant possession
• Rear service lane access
• Able to lease in multiple portions or as a whole
• Substantial 1,325m² building
• Valuable 1,331m² freehold site
• Ample onsite covered and uncovered parking
• Allowed building height of 27m
• Extensive renovations recently completed
• Further options to extend lettable areas

More information: https://www.colliers.co.nz/p-NZL67037785

Listing ID: 42960522

ICONIC CHARACTER TROPHY

Deadline sale: Closes on Wednesday 18 February 2026 at 2:00PM (unless sold prior)

• Iconic 547m² award-winning building

• Secure on-site parking for six + vehicles
• Business - Mixed Use zoning
• Offered with vacant possession

An architectural statement of rare calibre, this outstanding award-winning warehouse conversion spans an impressive 547m² (including expansive decks) across three meticulously designed levels.

From the moment you enter through the sliding gates, the building commands attention. A bold and innovative design showcases exceptional use of line, space, and volume, underpinned by uncompromising attention to detail. The fusion of glass, steel, and concrete delivers a striking contemporary aesthetic while providing versatile, light-filled spaces ideally suited to a range of commercial, creative, or mixed-use configurations.

Generous off-street parking enhances practicality, while substantial deck areas capture wide-reaching views, creating inspiring breakout or entertaining spaces. All of this is set within a thriving urban precinct renowned for its energy, with premium restaurants, cafés, and designer retail just moments away.

This is a truly unique opportunity to secure a landmark turnkey property in a tightly held location.

Listing ID: 42961080

Office. Retail. Parking. One Investment.

A large-scale, fully leased commercial investment comprising office, retail and car parking income, generating a passing net income of $1,924,424 + GST per annum with a WALT of 3.6 years (as at January 2026) and a 100% NBS seismic rating.

The property provides approximately 5,308sqm of lettable area across four floors of office accommodation, large-format ground floor retail and 123 secure on-site car parks, delivering strong diversification and investment-grade fundamentals.

Strategically located in the heart of Te Aro with prominent frontage to Wakefield Street, a major arterial route, the property sits directly opposite Te Papa and the Takina Convention and Exhibition Centre, and immediately adjacent to the former Reading Cinema complex, now being redeveloped as The Court, within the established Courtenay Place entertainment and civic precinct.

Over the past decade, the asset has been comprehensively refurbished and structurally strengthened, repositioning it as a modern, design-led commercial building with limited near to medium-term capital expenditure requirements.

To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/234wakefieldstreet

Key Investment Highlights

• Fully leased office, retail and car parking investment
• Approx. 5,308sqm lettable area plus 123 secure on-site car parks
• Prime Te Aro location with frontage to Wakefield Street, a major arterial road
• 100% NBS seismic rating following extensive strengthening
• Passing net income: $1,924,424 + GST per annum
• WALT: 3.6 years (as at January 2026)
• Modern, design-led building with limited near to medium-term capital expenditure
• Opposite Takina and adjacent to The Court redevelopment

For Sale by Deadline:
4:00pm (NZST), Wednesday 4 March 2026 (unless sold prior).

Listing ID: 42965446

QUALITY SILVERDALE INVESTMENT WITH POTENTIAL

Deadline sale: Closes on Wednesday 25 February 2026 at 4:00PM (unless sold prior)

This 5.955-hectare (59,550m²) property overlooking State Highway 1 has leases returning circa $385,000 per annum. In addition to a modern childcare centre, part of the land has been developed as an exciting theme park, complete with a luge, zip lines, café/restaurant and 3D cinema spaceship. There is also a residential house on site, bringing in rent.

The property is zoned General Business and has easy access off East Coast Road. An added benefit is that it is only two kilometres from the State Highway interchange.

Silverdale presents an unbelievable opportunity for growth into the future, and this investment provides good income until new opportunities present themselves.

Contact the sole agents for more information.

KEY FEATURES:

• 5.955 hectares (59,550m²) of  land with an awesome western outlook
• Leases returning circa $385,000 net per annum
• General Business zoning
• Easy access off East Coast Road
• Quick access to the motorway interchange

Listing ID: 42966004

Re-purpose or Occupy

Positioned in the heart of the Lower Hutt CBD, 191 High Street offers a compelling opportunity for owner‑occupiers, professional services firms, and developers seeking a conversion project with strong fundamentals.

With two vacant upper levels totaling 1,254 m² and income in place from the ground floor tenancy, the property provides flexibility to either control your future occupancy costs or unlock value through a residential redevelopment.

Reasons to buy:

• Two generous office floors of 627 m² each - ideal for fit‑out, subdivision, or conversion
• Ground floor tenant generating over $100,000 p.a. to offset costs while planning your next move
• 12 secure on-site covered car parks with easy access via Dudley Street
• Excellent natural light and 2.7m ceiling heights create a bright, adaptable internal environment
• Dual street frontages to High Street and Dudley Street
• Approx. 4‑minute walk to Queensgate Shopping Centre and close to transport links

The building has strong underlying bones and will respond well to cosmetic upgrades or full re‑positioning. Its configuration and access lend themselves equally to modern office adaptation or a residential apartment conversion.

Confidence in the area has been shown by the owners of both adjoining properties which have been comprehensively redeveloped in recent times (195 High Street due for completion in early 2026). The $1.0B+ RiverLink transformation will accelerate the area’s regeneration, supporting both office and residential demand.

This is a rare chance to secure a well‑located, flexible building in a rapidly improving CBD environment. Call now to arrange an inspection or to obtain further information.

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

Ben Taylor on 022 375 5786 or ben.taylor@colliers.com

*Please note all areas and values are approximates only.

Features:

• Two generous office floors of 627 m² each
• Ground floor tenant generating over $100,000 p.a.
• 12 secure on-site covered car parks
• Excellent natural light and 2.7m ceiling heights
• Dual street frontages
• Approx. 4‑minute walk to Queensgate Shopping Centre

More information: https://www.colliers.co.nz/p-NZL67037990

Listing ID: 42966981

Queenstown Town Centre Asset

Positioned in the very heart of Queenstown's vibrant CBD, 8 Henry Street presents a rare opportunity to secure a strategically located freehold property with exceptional visibility and outstanding future redevelopment potential. With direct frontage to the newly completed CBD bypass and now the main arterial route into Queenstown's town Centre, this property sits proudly within one of the most high profile and high traffic positions in central Queenstown.

Surrounded by a diverse mix of commercial, residential, and tourist accommodation developments, the site benefits from its placement in an area undergoing significant rejuvenation and intensification.

The existing improvements comprise a 1980s two level mixed-use building, presenting in condition consistent with its age and offering immediate holding income. The ground floor is leased on a short-term basis to Royal NZ Plunket, while the upper level contains a separately tenanted two-bedroom residential flat, providing versatility and income diversity.

Investment Highlights:

• Prime Town Centre zoning
• Frontage to the new CBD bypass
• Neighbouring Council-owned land
• Flexible lease arrangements
• Strong holding income

The property is offered For Sale by Auction, to be held 11am Wednesday 25 February 2026 (unless sold prior) - Colliers Office, top floor 10 Athol St Queenstown.

For further information or to arrange a viewing, please contact the exclusive agents Mark Simpson or Alastair Wood.

Listing ID: 42970159

Prime Office Investment Opportunity

NAI Harcourts are pleased to present 307 Karamu Road, Hastings, a high-quality commercial investment leased to Harcourts Hawke's Bay, one of New Zealand's most recognised real estate brands.

The property delivers a net income of $177,500 per annum plus outgoings, secured by a new 6-year lease from 5 April 2025, with a further 6-year right of renewal, providing strong long-term income certainty.

Located on Karamu Road, Hastings' premier commercial corridor, the building benefits from excellent exposure, accessibility and 22 on-site car parks - a key advantage for office tenants.

The property includes purpose-built auction rooms and functions as the Harcourts Hawke's Bay headquarters, reinforcing tenant commitment to the site.

Key Investment Highlights:

• Net income: $177,500 p.a. + outgoings
• New 6-year lease from April 2025
• One further 6-year right of renewal
• Blue-chip tenant: Harcourts Hawke's Bay
• Headquarters building with auction rooms
• 22 on-site car parks
• High-profile Karamu Road location

A hands-off, long-term investment offering strong income security backed by a household-name tenant in a tightly held Hawke's Bay location.

For Sale By Negotiation. Contact us today for further information or inspection.

Listing ID: 42970827

Prime Investment with National Tenant

Opportunity knocks with this high-profile property leased to CityFitness, a leading national gym franchise. Situated on a prominent corner at Wairere Drive and Bisley Road, the building sits on 6,685m² of land with ample parking and excellent exposure. The gym is secured on a 12-year lease from September 2023 at $351,117 approx. p.a. + GST.

Close to the Ruakura Research Centre and surrounding businesses, this is a rare chance to acquire a fully leased, low-maintenance investment in a strategic location.

Features:

• Prominent corner location at Wairere Drive and Bisley Road
• Large landholding of 6,685m² with ample on-site parking
• Leased to CityFitness, a leading national gym franchise
• Modern building

More information: https://www.colliers.co.nz/p-NZL67037662

Listing ID: 42971166

Premium Medical Investment – Growing Franklin Catchment

Secure a high-quality medical investment in the heart of Waiuku, a rapidly growing township servicing the wider Franklin district. 

This modern, purpose-built medical centre offers strong, diversified income and long-term fundamentals underpinned by essential healthcare services.

The property comprises approximately 1,825sqm of total floor area and is fully configured for medical use, with a mix of established healthcare tenants providing a resilient, split-risk income profile.

Currently returning $800,447.57 net + GST per annum, the asset offers immediate cashflow with long-term defensive characteristics, making it well suited to investors seeking stability in an evolving market.

Key features include:

• Modern, purpose-built medical facility
• 2,095sqm of Net Lettable Area
• Strong net income of $800,447.57 + GST p.a.
• Split-risk tenancy profile across essential medical services
• Strategic location servicing Waiuku, Pukekohe and the wider Franklin region
• Positioned in a growth catchment supported by population and healthcare demand

Waiuku continues to benefit from population growth, infrastructure investment and increasing demand for healthcare services, with limited comparable medical investment stock available in the area. Properties of this calibre and scale are tightly held.

For Sale by Deadline Private Treaty
Closing 4:00pm, Wednesday 4 March 2026 (unless sold prior)

For further information, inspection details, or access to the information memorandum, please contact the sole agents.

More information: https://www.colliers.co.nz/p-NZL67038200

Listing ID: 42971917

Split risk asset on prominent corner

Positioned on a high-profile 913sqm (more or less) corner site at Devon Street East and Hobson Street, this standalone office building is anchored by long-standing tenant Abacus Insurance. Alongside a multinational agriculture company, national education provider Te Kura, and a ground lease from a billboard, the property generates a combined net return of $224,008 per annum.

The property comprises a total floor area of 740sqm, with value-add potential offered through a small first-floor office suite that is currently vacant. It is supported by 20 car parks and benefits from dual access from both street frontages, including rear access off Lucas Lane. The building commands exceptional visibility and presence across all four facades, providing outstanding branding exposure for tenants.

With existing tenancies refurbished in recent years, the building boasts high-quality, modern amenities and a Category A seismic rating. Multiple income streams mitigate occupancy risk, while low vacancy levels in the surrounding area further reinforce the strength of this high-profile location.

Call now for more information.

Listing ID: 42972161

Standalone Freehold Warehouse with Large Yard

Recently completed high stud, standalone warehouse of 885m2* with an amenities block of 13m2*. Total building area of 898m2*.

The warehouse has good natural light, high bay LED lighting, 3 phase power and is accessed by 3 roller doors, providing flexible vehicle entry and drive-thru capabilities.

Opportunity to add offices to enhance further, to suit your requirements (subject to any consents).

Situated on a generous sized freehold title with an underlying land area of 2,607m2*, providing ample room for a large sturdy concrete yard area which surrounds the building and is fully security fenced, making it an ideal yard area for: heavy transport; outdoor storage; generous parking for your fleet, workers, customers; or container handling.

Strategically located with easy access to the Christchurch Southern Motorway and SH1 offering superior connection for South Island wide distribution.

It is in close proximity to Iport's inland port and KiwiRail's freight hub, which further enhances its logistical advantage making it ideal for warehousing, distribution, engineering or manufacturing.
(* approx.)

Call sole agent Paula Raine 027 221 4997 for further information and to arrange your inspection.

For Sale: Deadline Sale Closing 4pm on Wednesday 25th February 2026 at RWC Christchurch, Level 2, 76 Hereford Street, Christchurch (unless sold prior).

https://rwcchristchurch.co.nz/

Listing ID: 42972466

Central Fire Station - history, luxury, lifestyle

A once-in-a-lifetime opportunity presents itself for a new owner of the iconic Old Central Fire Station, located at 131-139 Guyton Street.

Built in 1921 and designed by nationally renowned architectural firm Ford & Talboys, the Old Fire Station holds significant local importance for its architecture and rich history as Whanganui’s Fire Station from 1921 to 1981*. Now operating as a commercially zoned, mixed-use building, Old Fire Station offers two commercial spaces, four two-bedroom apartments operating as successful Airbnbs, and a fifth expansive and luxurious apartment used as the Owner’s Residence.

Architecturally inspired by Italian Renaissance and Georgian Revival styles, the building is adorned with understated yet striking detailing that creates a dignified and stately presence - originally befitting its role as one of the town’s principal public buildings and today admired for its craftsmanship and timeless character.

The current owners have honoured the building’s heritage through a thoughtful yet extensive renovation, introducing modern comforts while carefully retaining elegance and historical integrity.

The four short-term accommodation apartments enjoy strong occupancy, receiving bookings via Airbnb as well as direct reservations through a dedicated website, built on years of successful operation and repeat guests.

Upon entering the main ground-floor lobby, you are welcomed by an ornate staircase and two bespoke commercial spaces. La Station Design Store occupies a large open-plan space, while Business Whanganui – Chamber of Commerce operates from a commercial space at the rear, providing for potential diverse income streams for any new owner.

The staircase leads to the first floor, where a generous landing gives access to three beautifully renovated two-bedroom apartments: The Station Penthouse, Station House 1, and the Owner’s Residence. Each features warm hardwood flooring and retrofitted double glazing, blending modern convenience with character and charm.

The Station Penthouse is an expansive luxury accommodation offering open-plan living, two fully tiled bathrooms, and two generously sized bedrooms.

Station House 1, while slightly smaller, also offers two bedrooms, hardwood flooring, and excellent natural light.

The Owner’s Residence is a stunning and expansive apartment, ideal as a private sanctuary for an owner-operator or as an additional income stream. It features a generous master suite with a full wall of wardrobes, a private balcony, and an ensuite, a second bedroom, main bathroom, and a standout open-plan kitchen and dining area that flows to a second lounge or dining space and a beautiful alfresco balcony.

Adjacent to the main building are two two-storey townhouses, Station Houses 2 and 3. Each offers two bedrooms, a study or office, a separate laundry, two toilets and one bathroom. Both are also currently operating as successful short-term accommodation. Historically, these were used as residences for the Fire Station Superintendent and Deputy.

The grounds feature Tuscan-inspired landscaping, ample parking for guests and commercial patrons, and secure electric gates from both access points, Wilson and Guyton Streets.

The neighbouring property at 50 Wilson Street, comprising eight two-storey townhouses, has a close history to Old Fire Station as housing for the firemen and is marketed separately for sale. Presenting an additional expansion opportunity for buyers seeking to scale their investment within this tightly held inner-city precinct: www.bayleys.co.nz/3003468

With two commercial spaces, multiple short-term accommodation apartments and a substantial Owner’s Residence, the Old Fire Station presents a versatile mixed-use asset in a prime city position - underpinned by heritage significance, thoughtful renovation, and an enduring presence within Whanganui.

Enquire with John, Crystal or Amie today to discuss this exceptional opportunity.

*Data sourced from public records and Whanganui District Council Heritage Inventory documentation.

• Land area is subject to the issue of a new title (submitted to LINZ) following a recent boundary adjustment to align with the existing fence lines.

For sale by deadline closing 1pm, Thu 12th Mar 2026 (will not be sold prior).

Listing ID: 42972570

Outstanding investment opportunity

• Strong national tenant being Farm Source, fully owned by Fonterra, New Zealand's largest company
• Secure lease with net rental of $239,391.00 pa + GST
• Initial seismic assessment of 100%, offering low risk and long-term sustainability
• High-profile road frontage on Spa Road, a major arterial route connecting East Taupō Highway (SH1) to Taupō CBD, ensuring excellent visibility

185 Spa Road presents a rare opportunity to acquire a premium investment property with a highly sought-after tenant in a strategic Taupō location. Farm Source is New Zealand’s largest retailer of agricultural supplies to dairy farmers, operating 65 stores nationwide, delivering a reliable and secure income stream.

The property’s highly visible location, combined with a modern, well-maintained building and strong tenant profile ticking all the boxes. For investors seeking a strong, low-risk asset with immediate returns and potential for future growth, 185 Spa Road is a standout opportunity in the Taupō market.

Don’t miss this opportunity to secure a high-profile, nationally tenanted property in Taupō - contact us today to request the full Information Memorandum or to arrange a viewing.

Listing ID: 42972599

Restored Icon ready for its next chapter

Set behind its elegant façade at 82 Bealey Avenue, the former Eliza’s Manor stands as a carefully revived landmark, thoughtfully restored by vendors whose vision was to protect and elevate its legacy for generations to come. With that work now complete, the stage is set for a new owner to shape the next evolution of this remarkable property.

Occupying approximately 1,813m² of centrally located residential land with existing commercial consent for offices and accommodation, the property has a rich and varied history spanning back to the 1800’s. Its past uses include a private hospital, boarding establishment, private residence, boutique bed and breakfast with restaurant and event facilities, and most recently the headquarters of respected heritage specialists Brooksfield. This diverse pedigree highlights the breadth of opportunity available to future owners.

The manor features eight generous bedroom suites, a collection of formal and informal reception spaces, and a self-contained manager’s apartment. Located close to professional offices, healthcare services, and consultancy practices, the property lends itself to a range of potential uses. That said, given the ongoing recovery of tourism and the scarcity of premium accommodation near the CBD, reinstating a hospitality or accommodation offering presents a particularly compelling proposition.

Comprehensively upgraded and fully compliant, the property has been finished to an exacting standard throughout. Further enhancements by the current vendors include a complete exterior repaint using heritage-appropriate colours inspired by Deans Bush House, along with landscaping works designed to enhance its presence and street appeal.

Presented to the market with vacant possession, Eliza’s Manor offers exceptional flexibility in how it may be utilised.

Eliza’s Manor is being offered to the open market by way of deadline sale.

For further details, access to the full information pack, or to arrange a private inspection, please contact us.

Available with vacant possession, or with a leaseback by negotiation.

The property is offered for sale by Deadline Private Treaty closing: 4pm, Thursday 12 March 2026 (unless sold prior).

*Boundary lines are indicative only. 

Features:

• Land Area 1,813m²
• Eight generous bedroom suites
• Historic Place Category 2 listed
• Offered to market with vacant possession
• Great onsite carparking
• Beautifully manicured landscaping
• 45m frontage to Bealey Avenue
• Stunning street appeal
• High Density Residential Zone
• Boutique accommodation opportunity

More information: https://www.colliers.co.nz/p-NZL67038199

Listing ID: 42972939

Legacy Taupō investment opportunity

Tender closing 12pm, Wednesday 11 March 2026 (unless sold prior)
44 Roberts Street, Taupo

• First time offered to the market
• Freehold corner site of 1,012sqm (more or less) with strong exposure
• Four tenancies delivering diversified income, net rental of $148,124.89 pa + GST
• Strategic location directly adjacent to the redeveloped Woolworths site
• Town Centre zoning with future upside

Offered for sale for the first time ever, this tightly held commercial investment has been owned by the same family for over 50 years since construction and represents a rare opportunity to secure a proven Taupō asset with strong fundamentals.

Positioned on a freehold corner site of 1,012sqm (more or less) at the intersection of Spa Road and Nukuhau Street, the property benefits from exceptional exposure along Taupō’s main arterial route linking State Highway 1 to the Taupō CBD, located just a five-minute walk away.

Of approximately 560sqm, the building comprises four established tenancies, including a nationally recognised tenant alongside reliable long-standing occupiers, delivering a diversified and secure income stream. Zoned Town Centre and located directly adjacent to the redeveloped Woolworths site, the property offers both immediate cashflow and long-term upside.

A genuinely rare offering, reluctantly released as the vendors seek to pass this legacy asset to a quality long-term investor. Contact the agents to discuss this rare, long-held investment opportunity in more detail.

Listing ID: 42975365

Outstanding Nelson hotel accommodation opportunity

• Lease term of 45 Years
• Expiry 22 Dec 2063
• 82 accommodation units plus conference room
• Land area of 6495sqm (more or less)

Retirement beckons for our owners of this very well presented Nelson Hotel leaving an exceptional opportunity to secure a trophy investment property in New Zealand's sunshine capital.

Underpinned by an exceptional 45 year lease term (running through to 2063) this property is returning a strong income stream for the astute investor. A just completed major refurbishment project has added a further 14 rooms to the complex boosting availability in response to growing demand. Offering a total of 82 rooms from standard units to premium studios and family suites, the Beachcomber caters for the international as well as domestic tourist markets and business travellers.

Located on Beach Road, Tahunanui, the Beachcomber is just a short walk from Nelson's iconic Tahuna Beach and close to the city centre with all of the usual supporting businesses such as cafes and restaurants.

For more information please visit: https://www.propertyfiles.co.nz/5529519

Listing ID: 42976029

New 10-year Ground lease to Gull

• 1,752sqm (more or less) land area
• National tenant Gull New Zealand
• Freehold (Fee simple) Tenure
• Annual net rental income of $237,500 + GST & OPEX

15 Birch Avenue, Judea presents a rare opportunity to secure a high-profile, freehold corner site underpinned by a long-term ground lease to Gull New Zealand Limited, one of the country's most recognised and proven fuel retail brands.

Situated on 1,752sqm (more or less) of Industrial-zoned land with extensive dual street frontage and immediate access to major arterial Waihi Road, the property is strategically positioned for a high-volume unmanned fuel station to service strong commuter flows between Tauranga's western suburbs and the City Centre.

Gull are currently constructing on site a purpose-built, unmanned service station comprising eight bowsers and modern underground storage infrastructure that is due to start trading early March 2026. All improvements will be fully owned, installed and maintained by Gull, offering a passive, low-maintenance investment structure supported by a robust national tenant covenant.

The 10-year initial ground lease, with three seven-year renewals, incorporates two-yearly CPI reviews within a set 2-4% cap and collar, and a commencement rent of $237,500 + GST per annum, delivering both security and fixed rental growth.

With strong locational fundamentals, excellent access, and a future-ready fuel model, 15 Birch Avenue stands out as a lucrative long-term investment asset and a compelling addition to any commercial portfolio!

Contact the Bayleys Sole agents today for more information.

Listing ID: 42976032

Generational Government-leased investment

• Brand new A-grade office premises completed in December 2025
• Purpose built for dual government tenancies on long leases
• Opportunity to acquire a very low-risk, long term, passive asset

30 Logan Street, Tokoroa represents a high-quality, new-build commercial investment anchored by two Government tenants, Ministry of Social Development and Oranga Tamariki.

The building comprises an A-Grade two-level commercial office complex with floor plates of approximately 649sqm on the ground floor and 748sqm to the first floor (subject to final measure). A striking building with north and south elevations predominantly glazed, whilst the east and west elevations are concrete tilt panel. Outstanding internal presentation as you would expect with a brand-new building.

The property is fully leased, with the Ministry of Social Development committing to a lucrative 12-year term and Oranga Tamariki signed up for nine years, both with further rights of renewal. Having both searched for a new home in Tokoroa for a number of years, these Government departments have committed to a stunning new building that could very well become their home for generations to come!

Property Details
Land Area: 1,011sqm (more or less)
Floor Area: 1,409sqm (approximately)
Zoning: Commercial

Tenancy Details
Currently returning a passing net rental of $496,386 + GST. Full tenancy details are available on request.

Listing ID: 42977160

Prime Corner Development Opportunity

CBRE New Zealand is pleased to present a prime corner development opportunity at 151 Victoria Street, Te Aro, Wellington for sale - a generous parcel of land in the vibrant heart of Te Aro, Wellington.

Investment highlights include:

• Strategic CBD location: North-facing corner site with excellent profile. Recent new developments have enhanced the area, creating vibrancy and appeal within the wider Cuba Street precinct.
• Substantial landholding: The City Centre zoned site comprises approximately 1,197sqm (more or less) at ground level, with a maximum permitted building height of 43.8 metres.
• Approved development consent: Resource Consent granted for a eight-level office tower plus ground floor retail, offering immediate development potential.
• Car parking: The site currently provides 17 car parks, with 15 under short term licences providing holding income. Additionally there are 24 separately strata titled parks available in the adjoining Victoria Lane car park.
• Long-term value: Surrounded by premium residential and commercial developments, ensuring strong demand and future growth.

For Sale by Deadline Private Treaty, closing Thursday 12th March 2026 at 4:00pm (unless sold prior).

CBRE strongly recommends your early consideration of this prime development opportunity and invites interested parties to contact the Exclusive Agents for further information.

Listing ID: 42978062

Industrial investment with strong fundamentals

• A substantial large scale industrial investment located in one of Auckland's most desirable industrial hubs
• Triple net lease with fixed rental growth mechanisms
• Bank guarantee in place for 24 months rent and outgoings
• Significant land holding of 2.6174 hectares, zoned Light Industry
• Currently returning $1,537,034.81pa plus GST and outgoings

Located in the heart of East Tamaki, this well positioned freehold industrial investment will capture the eye of investors looking for a significant land holding with potential, underpinned by excellent lease fundamentals.

A triple net lease to Mr Chips Limited through to December 2031 with a 24-month bank guarantee in place offers investors security of income with fixed growth mechanisms.

The buildings encompass 9,339sqm of floor area located on a large industrial freehold site of over 2.6 hectares with three street crossings. The property features a receiving and grading facility for potatoes and two manufacturing buildings. It also has freezer and chiller facilities onsite complimented by the office administration area.

A bankable investment with future upside and development potential.