Commercial property for sale

Listing ID: 42524792

A shrewd investment

If you've got the capital, you've got the opportunity! This substantial property being offered for sale has just been leased to a solid tenant - a nationally well-known and well-established gym franchise, on a 12-year term from September 2023 at $381,000 per annum + GST & OPEX. In addition to this, there is also a 6-year lease in place from the same date, for the roof billboard, at $60,000 per annum + GST & OPEX.

The building's just had an incredible pull through, with brand new carpet and amenities to cater for this top-of-the-line company. The exterior has been freshly upgraded and branded, and there is ample carpark space available for the clientele on the 6685m2 of land.

Located on the corner of Wairere Drive and Bisley Road, the property benefits from excellent exposure, and is just around the corner from Ruakura Research Centre and surrounding businesses, with a walkway to Peachgrove Road.

Call the sole agent for more information and to schedule a viewing.

Listing ID: 42542473

Industrial Land Tauriko at "reduced price!"

This is a great opportunity to purchase a large industrial site in Tauriko, perfect for a "gated" development,

• Land 5,283m (approx.) freehold land with title issued and ready for development. Plans for a previous 10 unit development are available on request.

• This site comes with a large area that cannot be built over due to underground services (approx 1321m2) but this area can be used for yard space, container set down, storage or parking, subject to consent.

• As a result, this is a very competitively priced site, at $529m2 (+ GST if any)

• Recent sales of land at Tauriko are in excess of $700m2 (+ GST if any)

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

Listing ID: 42599138

Consented Town Centre Development Opportunity

This is a unique opportunity to secure a substantial undeveloped town centre zoned block of land of this scale within Wanaka.

Situated in the heart of Wanaka, this prime development site is strategically positioned amidst a mixture of commercial uses inclusive of shops, restaurants, convenience stores and professional offices. A short stroll will put you on Wanaka's Lake front and associated reserves.

The substantial freehold landholding spans approximately 5,642 square meters across six titles with an exceptional frontage to Ardmore Street of approximately 77 metres. The site has stunning views to Lake Wanaka, Roys Peak and the Southern Alps.

The property has Resource Consent in place for a comprehensive mixed-use development, including four ground floor retail spaces fronting Ardmore Street, four food and beverage spaces, a 125-room hotel over four levels, 58 residential units and a roof top bar. In addition is associated parking accommodating approximately 101 individual spaces.

Key Property Highlights:

• Six individually titled sites from 544 sqm to 1,050 sqm
• 5,642sqm combined land area
• Resource Consent in place for a Comprehensive Mixed Use Development
• Wanaka Town Centre Zoned
• Strong population and tourism growth area

This prime site offers a fantastic opportunity to make an impact on the town centre and capitalize on the area's tourism and visitor growth.

For more information please call Geoff McElrea or Mark Simpson.

Price by negotiation.

Listing ID: 42611748

Hastings Large Scale Opportunity

• Floor area of 11,538m2 over five buildings
• Land Area 4.0846 hectares more or less
• Great truck flow
• Motivated vendor
• Empty Building with substantial holding income

NAI Harcourts Hawkes Bay are proud to present to the market 1444 Railway Road South, Pakipaki, Hastings.

Comprising of five large warehouse facilities, the property will suit owner occupiers looking for substantial warehouse space. Or alternatively Investors/developers looking for a project where the warehouses could be multi-tenanted.

The building has holding income until 30 June 2027, with the tenant Alto Packaging Limited currently paying a net rental of $839,775.29. The buildings are now vacated.

1444 Railway Road has easy access via State Highway 2 and Railway Road South to the Hastings Town Centre, also approximately thirty minutes drive from Napier Port. The site is zoned "plains production" and identified as Scheduled: Site (SS22) which restricts the use of the property to Plastic, Fibreglass and Polystyrene Manufacturing.

Resource Consent would be required to change the use of the property to a general industrial activity.

For further information and to request an info pack , please contact the listing agent Shannon Caldwell.

Listing ID: 42617039

Versatile space on The Square for sale

This property offers an investor or business owner a financial upside, plus holding income from three tenants. The property was once an iconic family restaurant - spacious and with unbeatable views overlooking The Square. Bring it back to life and recreate the restaurant/bar our city needs. If you require office space for a sizeable team, a training facility, or something similar, look no further. The location, a lift, and a massive amount of natural light add to the attraction of this space.

• Floor area 1260m2 (more or less)
• Land area 818m2 (more or less)
• Earthquake rating 70%NBS
• Lift

Call me to know more.

Listing ID: 42617736

SIGNIFICANT 7,301M² CONSENTED SITE IN ST HELIERS

**Property is under contract.**

• Highly sought, 7,301m² Freehold land parcel in Eastern Bays
• Resource Consent for 54 designer homes by Monk MacKenzie
• Situated on the ridge with dual access from Waimarie Street and Riddell Road
• Develop with resource consent in place or land bank as the area increases in value

This outstanding parcel comprises 7,301m² of Freehold - Mixed Housing Suburban land with a live resource consent for 54 designer homes over two to three levels. The dual access site is situated in one of Aucklands most affluent suburbs offering close proximity to multiple beaches, top schools and local shopping.

All the hard work has been done with numerous reports available on request. Dont miss this opportunity to take advantage of the shortage in new housing stock and the increase in demand over the next 12 months. With interest rates reducing, timing is strategic to invest in a consented and highly sought-after land parcel that comprises three separate Freehold titles.

For more information or to arrange a viewing, contact the sole agents today!

Listing ID: 42623647

6.5% Return - Long Term Lease

Term-deposit rates are dropping like a stone, so beat the banks by investing in this well-leased, split risk investment with long term leases.

Positioned on one of Christchurchs busiest arterial routes, 504 Blenheim Road will provide you with the security of a multi-tenanted revenue stream from two well-known businesses who combined offer a very long weighted average lease term.

The brand new self-served fuel station offers a new 10 year lease to the fuel supplier Gull New Zealand Ltd while the high-profile corner building is leased to the well-established butchery Value Plus Meats who commenced a new 5.5 year lease in September 2023.

This desirable investment property is positioned at the gateway to the central city of Christchurch, a new city that is rebuilt and is now in a phase of rapid growth with huge influxes of domestic and international immigration. Dont miss your opportunity to secure a bottom-draw, essential service, investment whilst being part of the growth story.

For sale at an asking price of $3,450,000 + GST (if any) representing a circa 6.50% return on the total passing annual rental of $224,292 pa + Outgoings + GST.

*Boundary lines are indicative only.

Features:

• Brand-new Gull Service Station
• Split-risk investment from two highly-sought tenants
• Long-term leases providing a circa 8.70 year WALT (from September 2024)
• Excellent profile
• Freehold corner land holding
• One of Christchurchs highest traffic-flow arterials
• Dual access points with two street frontages

More information: https://www.colliers.co.nz/p-NZL67029802

Listing ID: 42625896

Exceptional Freehold Opportunity on SH6

Colliers presents an exceptional opportunity to purchase 67 Whitby Road & Wakefield Auto Services Limited.

This is a substantial Freehold Going Concern that has generated a resilient and enduring profitability from a diversified set of business activities, all underpinned by a substantial land block.

Located on State Highway 6 (the only major route giving access to the West Coast and southbound via the Lewis pass), with the benefit of being the only service station in Wakefield, this property serves as the last stop prior to Murchison.

Wakefield is a picturesque town in Tasman district with a vibrant culture and all the lifestyle benefits of Nelson Tasman on your doorstep. Great schools, recreation and stunning beaches here is the opportunity to move to a beautiful part of Aotearoa New Zealand and walk into a thriving business opportunity.

Features:

- Caltex Fuel Station & Retail Shop

- Mechanical Workshop Business

- Tow & Salvage Business

- NPD Lease

- Rental Flat

- 3077 sqm Freehold Title underpins financing

Price by Negotiation.

Contact Brad or Geoff now to secure your introduction to this superb opportunity.

*Land and floor areas are approx. only
 

More information: https://www.colliers.co.nz/p-NZL67030022

Listing ID: 42629521

For sale as a freehold going concern

City Corporate Motor Inn. Palmerston North. This motel was custom-built in 2009 to provide distinct luxury accommodation for discerning business travellers who know and expect the very best in quality and service. The build quality and fit-out is impressive with fully soundproofed double-glazed rooms from - Lap of Luxury - traveller studios, corporate deluxe rooms, through to Executive Apartments. Further, the owner's residence reflects the quality of the motel, with a fabulous kitchen- dining and lounge area, three large bedrooms plus two bathrooms upstairs and fully double-glazed of course. City Corporate Motor Inn is now on the market for the first time since the current owners started business here in 2010. So now is your opportunity to purchase this freehold going concern, a superb lifestyle business with a difference, just oozing quality! For Sale price by negotiation.

Listing ID: 42630082

Strategic Development Land Holding

1365 Springs Road is a substantial site of 4.6912 hectares comprising a mix of green and brownfields development options, situated within a high profile position in the Lincoln township.

In the process of subdivision, the proposed site will comprise a high-profile land holding of 4.6912 hectares, situated to the corner of Springs Road and Gerald Street directly adjacent to Lincoln University to the west, a New World supermarket and commercial precinct to the east, with a mix of established and new housing to balance surrounds. This is a prime and developing location within the Lincoln Township.

The property is effectively in two components. Firstly, a primarily vacant land site of circa 2.6 hectares to the rear, accessed through the centre of the site or potentially via Kaikahi Street to the east.

Secondly, towards the front of the site are various buildings of substantial size comprising the former AgResearch facility, offices and labs as well as two three bedroom dwellings all with full insurance in place. The improvements are various and whilst being sold in as is, where is condition, provide a range of potential options dependent upon use. Alternatively, they could be demolished to make way for the underlying Medium Density and Knowledge zoned land.

With usable improvements situated between Lincoln University and a retail commercial hub, together with limited currently available sections in the Lincoln township there are a variety of abundant options to the astute developer.

For sale by Deadline Private Treaty closing 4pm, Thursday 26 September 2024 (unless sold prior).

*Boundary lines are indicative only.

Features:

• Proposed land area 4.6912 ha
• Zoned Medium Density Residential and Knowledge zone
• Outline Development Plan approved
• Prime location within the Lincoln township opposite Lincoln University
• 'As is, where is'
• Mixed greenfield / brownfield development opportunity
• Surrounding supermarket and retail amenities
• High profile corner position

More information: https://www.colliers.co.nz/p-NZL67030211

Listing ID: 42632411

Trophy A-Grade Industrial Investment

Positioned within Christchurchs premium industrial precinct of Hornby Quadrant, this stunning, brand-new investment opportunity is leased to Fletcher Building owned company Tasman Insulation, trading as Comfortech. 

To be classed as a true A-Grade industrial investment, a property needs to meet all of the key commercial investment fundamentals: be in a prime location; have modern generic improvements; and be leased to a strong tenant covenant; on desirable lease terms. 6 Sir James Wattie Drive is rare in that it meets every one of these criteria.

The new 10 year lease commenced 2024 and features strong fixed rental growth. 

Designed with storage and distribution in mind, this functional facility provides large efficient warehousing with four sided roller door entries, excellent vehicle circulation with full drive-around capability, wide drive-through canopy, rear container devanning area, separately accessed car parking and highly-appointed single-level offices fronting Sir James Wattie Drive with a north/north easterly aspect.

This is one of the highest quality industrial investments to be made available for purchase in recent memory. Contact us today so you can sit back and enjoy the rewards from this hands-off, bottom-draw investment.

For sale by Deadline Private Treaty closing 4pm, Wednesday 25 September 2024 (unless sold prior). 

*Boundary lines are indicative only.

Features:

• Fletcher Building owned Tasman Insulation as Tenant
• Newly completed April 2024
• 10 year lease
• Fixed 2.75% annual rental growth (excluding market review dates)
• Highly-functional and generic distribution premises
• Premium industrial location
• Full drive-around site
• Drive-through canopy and multiple warehouse entrances
• Well-appointed single-level offices
• Generous tenant paid management provisions

More information: https://www.colliers.co.nz/p-NZL67030437

Listing ID: 42633928

Prime Industrial Investment in Feilding

Colliers present to the market for sale 25-29 Mahinui Street in Feilding, a prime industrial investment opportunity that deserves your attention.

The site is located within the thriving Riverside Industrial Park near State Highway 54 and less than 15 minutes drive from Palmerston North.

The property features a secure annual net rental income of $235,789.50 to an established tenant, with guaranteed rental growth.

The expansive infrastructure spans an impressive 4,455sqm on a land parcel of over 1.5 hectares.

The building has a seismic status of 70% NBS (PS4 dated 21 September 2020 and prepared by Silvester Clark Limited).

This property also offers the unique opportunity to increase returns by subdividing unused land which the vendor has already commenced.

The property is available For Sale by Deadline closing Thursday 26 September 2024 at 3pm (unless sold prior).

Contact Colliers today for further details about this exclusive opportunity.

(Note. Floor and land areas are indicative only).

Features:

• Tenant: Fibreglass Developments Limited
• Freehold title
• Industrial zoning

More information: https://www.colliers.co.nz/p-NZL67030455

Listing ID: 42636978

Premium St Heliers Residential Development Site

Colliers is delighted to present what will be recognised as a truly premium residential development site, to the market for sale.

Located close to the water and just above St Heliers, 23 and 25 Auckland Road's elevation ensures stunning ocean views, stretching towards Rangitoto Island and the Hauraki Gulf.

The neighbouring freehold titles are zoned for Mixed Housing Suburban and the site comes with resource consent for 15 luxury residential apartments, masterfully designed by the acclaimed Monk Mackenzie Architects. The development features a selection of two, three and four-bedroom residences.

St Heliers beach and village are a short downhill stroll from the site which ensures the apartment development can offer its owners world class waterfront amenity and tranquil eastern bays living.

The property is being sold by Deadline Private Treaty. Enquire with the sole agents today. 

Features:

• Highly sought 2,112sqm Freehold land parcel
• Approved resource consent for 15 luxury apartments
• Prestigious St Heliers location
• Elevated site with breathtaking ocean views
• 250m walk to Tamaki Drive waterfront
• Zoned: Mixed Housing Suburban

More information: https://www.colliers.co.nz/p-NZL67030530

Listing ID: 42637130

Affordable large warehouse facility

This standalone property offers the new occupier the opportunity to utilize this versatile high stud warehouse with good quality office/staff facility and drive around access as well as a central Tauranga location with ease of access to CBD Tauranga, Tauriko and the Port. 

The buildings have been recently earthquake strengthened and the warehouse also boosts a high-capacity power supply with multiple roller door access on three sides as well as surrounding yards for onsite storage.

The current tenant is vacating the property on the 31st of March 2025 which gives the new occupier plenty of time to plan their move into the property.

This property offers great value compared to more modern industrial properties and offers a more affordable option for owner occupiers wanting to move their business into their own premises.

Features:

• Asking price of $3,499,000 + GST (if any)
• Freehold: 3306m2 site
• Warehouse: 1433m2
• Ground floor offices: 211m2
• Mezz storage: 211m2
• Canopy: 16m2
• Available 31 March 2025
• Earthquake strengthened min 67% of NBS
• High-capacity power supply

More information: https://www.colliers.co.nz/p-NZL67030554

Listing ID: 42637949

Value add industrial or future owner occupier

Surplus land, rental upside and potential

A rare large site with significant improvement upside and income, quality tenants and large improvements with good NBS.

Features:

• Leased to Admark and MOVE
• Surplus land for future development
• Rare 2.43ha site
• 7,426sqm building
• Income/upside and potential
• Current rental income of $747,459.24p.a

More information: https://www.colliers.co.nz/p-NZL67030453

Listing ID: 42637971

8 year lease to Mojo Coffee Group, national tenant

Split risk investment anchored by established national tenant Mojo Coffee. 

Following the acquisition of well-known local coffee roasters, Prima & Vivace coffee, Mojo Coffee Group has now established its South Island headquarters at 387 Brougham Street. 

To support Mojos expansion and future growth, the building has gone through significant improvements including an upgraded power supply, improved ventilation and insulation, new garage doors and flooring at the rear of the building and office. 

In addition to the popular roastery, tenants Simply Wardrobes and Epiq Global contribute to a diversified investment with split-risk potential. 

The site features 11 car parks shared among the three tenancies, providing parking for café customers and staff. 

Now available on the market, the property presents itself in fine form ready for its new owner. 

For sale by Deadline Private Treaty closing 4pm, Thursday 3 October 2024 (unless sold prior).

*Boundary lines are indicative only.

Features:

• Established tenants including strong national anchor tenant
• Annual income $178,055 pa + GST & OPEX
• Recent upgrades & improvements
• 67% NBS as per vendor supplied report (WSP, OPUS - 8 July 2019)
• Sought after Sydenham location
• High profile
• 11 car parks
• Excellent underlying land holding

More information: https://www.colliers.co.nz/p-NZL67030519

Listing ID: 42638077

Parnell Office Investment or Vacant

Colliers is proud to be exclusively appointed to market 3 Scarborough Lane, Parnell for sale via Deadline Private Treaty closing Wednesday 2nd October 2024 at 4:00pm (unless sold prior).

This is a beautifully renovated two level office building in the heart of Parnell. From the 1960's, this building has been refurbished into a beautiful two-storey office masterpiece in the heart of Parnell. With Scarborough Lane situated just off Parnell Road, the property's position holds strategic value with access to Newmarket, CBD, motorways and other central suburbs within minutes. Parnell is one of the city's most prestigious and sought-after suburbs. Renowned for its vibrant blend of heritage charm and modern sophistication, Parnell offers an ideal setting for businesses seeking a premium address. With easy access to major transport links, trendy cafes, fine dining, boutique shopping, and beautiful parks, Parnell combines convenience with an upscale ambiance.

Further to the property's excellent position, the asset offers 521 sqm over two floors, complimented by 6 easily accessible carparks on the East side of the building. The Ground Floor is currently occupied by art restoration studio, Studio Carolina Izzo, whos tenancy expires in 2031. Level One is leased to a media company, Tried & True. Their lease expires in February 2025, creating a fantastic opportunity for an owner-occupier to make this their new home, or to renegotiate the lease to retain this asset as a bottom-drawer, passive investment. The passing income on the property is $131,000 pa + OPEX + GST.

From the building's roof, there are panoramic views of Waitemata Harbour, Auckland city skyline, Rangitoto, and parts of Parnell. We believe this offers potential for medium-term residential development.

Please call the Sole Agents for more information, and/or to arrange an inspection.

Features:

• Corner site of 486 sqm
• Total Floor area of 521 sqm
• 6 Carparks
• Passing Income of $131,000 + OPEX + GST
• Owner-Occupier potential
• Passive Investment
• Future Development Potential
• Prime Parnell location
• Proximity to CBD, Newmarket, motorways and surrounding central suburbs

More information: https://www.colliers.co.nz/p-NZL67030482

Listing ID: 42639985

Astute Business & Lifestyle Investment

Nestled in the heart of Akaroa, this well-established 12-unit motel presents an exceptional opportunity for those seeking a premier lifestyle and hospitality business. For sale as a Freehold Going Concern encompassing the land, buildings and business.

Boasting a prime location just steps from the waterfront, this meticulously maintained property offers a financially productive lifestyle or astute commercial investment option for future years.

Each unit features its own balcony with excellent views of the inner harbour. Double glazing and heat pumps ensure year-round comfort. Tastefully decorated in neutral colours, recent refurbishments, seismic upgrades and ongoing improvements have further enhanced the property's desirability.

The spacious, two-bedroom owners penthouse apartment provides panoramic sea views, an onsite retreat or add to the business for additional revenue income.

The motel's strategic location is in close proximity to amenities, including a supermarket, cafes, restaurants and the renowned Akaroa Museum. This prime positioning, combined with the property's well-established reputation, ensures a consistent and reliable income stream for the current owners.

Recognised for its long-standing ownership since 2016, this motel is a testament to the success of its management and the strength of the local tourism industry.

Akaroa's unique blend of natural beauty, rich history and vibrant community has long made it a popular destination for domestic and international travellers. As a result, this motel presents a rare chance to acquire a thriving hospitality business in a sought-after holiday spot.

Whether you're an experienced motelier looking to expand your portfolio or an entrepreneur seeking a lifestyle change, this motel offers the perfect blend of commercial success and personal fulfilment.

Deadline Sale: Closes 2:00 p.m. Wednesday 9 October 2024 (unless sold prior)

To download the property file copy and paste the following link https://propertyfiles.co.nz/property/CHR10095

Listing ID: 42643364

Residential Development Land

Prime residential Development Land - with Resource Consent in hand.

Colliers presents an exceptional opportunity to purchase 115-121 Milton Street, The Wood.

The Wood is prime Nelson. Flat land offering superb amenity in all respects. Walking distance to the most popular cafes, and into the Nelson CBD. Linking into the cycle network to access everything Nelson and Tasman are revered for.

Within easy walking distance we have early learning centres and kindergartens, primary schools and some the citys finest parks and pool complex. A short distance to the two premier secondary schools with the marina and harbour are close by.

A superbly located 3534sqm block with residential zoning, consent granted for high density, with a holding income and ready to develop.

Resource consent has been granted to subdivide the block into 19 freehold allotment and two shared access allotments.

The resource consent provides for the establishment of a Comprehensive Housing Development comprising 19 residential units contained within three two story terraces.

In total the site is proposed to contain fourteen 3-bedroom apartments, three 2-bedroom apartments with studies, and two 2-bedroom apartments. All four apartment blocks will be consistent in appearance, with the same combination of metal roofing, and aluminium and timber cladding used throughout, but with variations in detailing.

The plan includes 32 on-site car parking spaces.

The current improvements are leased at $120,000pa providing a holding income.

The property is being offered For Sale by Deadline Private Treaty, closing Wednesday 16th October at 3pm.

Contact Geoff now to find out more.

*land areas are approx. only 

Features:

• 3534sqm prime Nelson land
• RC just issued with seven years duration
• 19 units planned in three terraces
• Holding income in place
• Corner site

More information: https://www.colliers.co.nz/p-NZL67030696

Listing ID: 42644492

Prominent CBD Property - Invest or Occupy

62 Kelvin Street, Invercargill represents a quality opportunity to purchase a prominent property situated on the corners of Kelvin & Spey Streets in the CBD.
The first floor is leased to prominent national brand Bayleys, on a six (6) year initial term from 7 August 2023, with further rights of renewals, ensuring a strong income stream.
The real opportunity for an investor or owner occupier lies on the vacant ground floor, with an abundance of natural light from the large glass windows, and an existing professional office fit out already in place, this could suit a variety of professional businesses or organisations. This ground floor tenancy offers generous 540m2 (approx.) floor area, and along with the added convenience of seven (7) on site car parks.

Some of the key investment highlights are as follows:
•Total site area 1,011sqm (more or less)
•Fourteen (14) on site car parks
•Professional office fit out in place
•Ground Floor vacant
•First Floor leased to well recognised national brand Bayleys
•Zoned Business 1
•Investment or Owner Occupier Opportunity

For Sale at $3,195,000 plus GST (if any).

Contact the nominated broker for more information.