Commercial property for sale

Listing ID: 43130311

Trophy heritage hotel, Wellington CBD core

A rare opportunity to secure one of Wellington's most architecturally significant landmarks and reposition it for its next chapter.

Built in 1927 to a Neo-Georgian design by celebrated architect W. Gray Young whose portfolio includes Wellington Railway Station the building earned the NZIA Gold Medal in 1932 and carries Category 1 heritage listing. Held on a single Fee Simple title within the Stout Street Heritage Area, the property currently trades as the 13-room Wellesley Boutique Hotel, rated 4.5-star - Booking.com with an 8.7/10 guest score across 1,068 reviews.

Offered as a going concern - land, buildings and business, with no leases in place, the property gives an incoming owner a clear run at growing the room count and revitalising underused space, including scope to add further guest accommodation on the upper floors, subject to the usual heritage and structural consents. Positioned in the heart of Wellington's prime CBD, moments from Parliament, the train station and the city's legal and government precinct, this is a genuine trophy asset with enduring appeal for an owner-operator or value-add buyer alike.

To obtain copies of all supplementary documents including seismic disclosure - please register your details at https://new.propertyfiles.co.nz/listing/281

• Heritage landmark by W. Gray Young, NZIA Gold Medal winner
• Freehold, approx. 455sqm site with approx. 1,592sqm of heritage floor area
• Sold as a going concern - no leases in place
• Currently a 13-room, Wellesley Boutique Hotel with strong guest reviews
• Clear upside to expand accommodation into under-utilised heritage space
• Prime Wellington CBD location, 400m from Railway Station & Parliament

Listing ID: 43133761

FREEHOLD CORNER ON THE GREAT NORTH ROAD RIDGE

Deadline sale: Closes on Thursday 29 October 2026 at 2:00PM (unless sold prior)

131–135 Great North Road and 5 Scanlan Street is a substantial Freehold corner landholding on the Great North Road ridge, one of Auckland's most tightly held city-fringe precincts.

The property sits at the heart of Auckland's premier automotive quarter, alongside showrooms for Aston Martin, Bentley, Lamborghini, McLaren, Porsche, and Audi. It has high-profile exposure to a major arterial, with the Central Motorway Junction and Northwestern Motorway minutes away. Positioned near the CBD, Ponsonby, Grey Lynn, and Herne Bay, the ridge's elevated north-facing outlook over the Waitemata Harbour has driven a continual cycle of apartment development along the corridor.

The 2,429m² site comprises five titles, with 28m of frontage to Great North Road and 71m to Scanlan Street. The land falls approximately seven metres to the north, allowing at-grade access from both streets on different levels. It is zoned Business – Mixed Use with a 27m height limit and falls within proposed Plan Change 120, which increases developable height to 50 metres.

The primary three-level building provides 3,006m² of net lettable area. An extensively glazed corner showroom, retail, and office accommodation face Great North Road. Below, high-stud showroom, workshop, warehouse space, roller-shutter loading, and basement parking are accessed at grade from Scanlan Street. The property is leased to three commercial tenants and one residential tenant, returning $482,640 per annum with one tenancy vacant. Flexible occupancy arrangements include early termination provisions within all tenancy agreements.

The holding will appeal to a range of buyers. Automotive operators can secure a flagship Great North Road dealership, with display, servicing, and vehicle storage under one roof. Developers can consider large-scale apartment or commercial schemes on a site with harbour outlook while collecting holding income. Investors can add value through repositioning.

KEY FEATURES:

• Prominent position in Auckland's premier automotive quarter, with minutes to the motorway network
• Prime Freehold corner site of 2,429m² across five titles, with dual street frontage
• Business – Mixed Use zoning with a 27m height limit, proposed to increase to 50m under Plan Change 120
• 3,006m² of net lettable area, including a glazed corner showroom, workshop, warehouse, and a residential dwelling
• Income of $482,640 per annum, with flexible occupancy options

Quality holdings of this scale and future options are rare. Contact now for further information.

Listing ID: 43135271

North-facing office/warehouse unit

Industrial units of this size available for purchase with vacant possession in Wairau Valley are exceptionally scarce. This is a genuine opportunity to acquire a functional and affordable industrial property in one of Auckland's premier industrial locations.

The property comprises approximately 227sqm, including a high-stud warehouse, quality office space and three allocated car parks. The flexible layout will appeal to owner-occupiers looking to establish a North Shore base, while investors will recognise the strong tenant demand for units of this size and quality.

Situated on Porana Road, the property benefits from outstanding access to major transport routes and a thriving surrounding business community.

The complex is carefully maintained through an active body corporate.

Secure your position in one of Auckland's most tightly held industrial precincts.

Deadline Private Treaty (unless sold prior) closing 4pm, 23rd of October 2026

Listing ID: 43137839

Versatile workshop with profile and yard

14 Maces Road presents an excellent opportunity to secure a versatile industrial property in the established Bromley industrial precinct.

The property offers approximately 393sqm of high-stud warehouse and 206sqm of lower-stud workshop space, providing a practical layout for manufacturing, engineering, storage or trade-based operations. Access is supported by a large sliding door, while approximately 89sqm of office and amenities provides comfortable staff accommodation.

Generous yard areas at the front and rear offer valuable space for vehicle access, display or outdoor storage, with the added benefit of a rear garage. With good street profile, Industrial General zoning and a 67% NBS rating, the property will appeal to a broad range of owner-occupiers and investors.

Key features:

• Approximately 599sqm of warehouse and workshop
• Approximately 89sqm of office and amenities
• Large sliding-door access
• Yard areas at the front and rear
• Additional rear garage
• Good street profile
• Assessed at 67% NBS
• Zoned Industrial General
• Well suited to manufacturing, engineering, workshop or warehousing operations

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

For Property Files copy and paste the following link: https://www.propertyfiles.co.nz/5531854

Listing ID: 43138090

Rare Hornby Industrial Land

NAI Harcourts Grenadier are pleased to present 44 Canada Crescent, Hornby for Sale by Deadline.

This freehold parcel of Industrial Heavy zoned land in the heart of the Hornby South industrial hub features a strong cashflow return and is primed for future redevelopment.

Strategically located between major key arterials Shands Road, Halswell Junction Road and the Christchurch Southern Motorway, the 1,216 square metre site provides a regular shape and prominent north facing street frontage.

Returning an annual rental of $39,000 plus GST the property is currently leased to Hynds Pipe Systems Ltd on a fixed term lease expiring January 2030 with no further renewals available to the Tenant.

Developers, occupiers and strategic investors should all give this opportunity their genuine attention.

Deadline Sale Closes 4.00pm Thursday 29 October 2026 (unless sold prior).

For further information contact Marc Findlay on 0274 92 9998 or marc.findlay@naiharcourts.co.nz or Dave Calder on 029 200 8073 or dave.calder@naiharcourts.co.nz

To download Property Files click the link below, register your details and you will be sent an email with the files to view and download. https://www.propertyfiles.co.nz/property/L42573704

Listing ID: 43138196

Rotorua's golden mile redevelopment opportunity

Positioned on the prominent corner of Fenton Street, Seddon Street, with two connecting titles on Malfroy Road, this exceptional landholding presents one of Rotorua's most significant redevelopment opportunities in recent years.

Occupying a high-profile location on Rotorua's renowned Golden Mile, this substantial multi-title offering spans approximately 6,596sqm (more or less) across six individual titles, providing outstanding flexibility for developers, investors, or owner-occupiers seeking a large-scale project.

With a combination of Entranceway Accommodation and High Density Residential zoning, the property offers exceptional potential to create a landmark mixed-use development (subject to all necessary approvals).

The landholding comprises:

• 265-269 Fenton Street – 1,619sqm and 809sqm (Entranceway Accommodation Zone)
• 3 Seddon Street – 1,012sqm (Entranceway Accommodation Zone)
• 5 Seddon Street – 1,012sqm (High Density Residential Zone)
• 10 Malfroy Road – 1,072sqm (High Density Residential Zone)
• 12 Malfroy Road – 1,072sqm (High Density Residential Zone), including an existing approximately 260sqm two-storey dwelling.

Strategically positioned with extensive frontage to three roads, the site enjoys exceptional exposure, easy accessibility and outstanding connectivity to Rotorua's CBD, Whakarewarewa, the city's tourism precinct and major arterial routes.

Opportunities of this scale, location and zoning flexibility are exceptionally rare. Whether your vision is accommodation, apartments, townhouses, mixed-use commercial, or a comprehensive master-planned development, this is a site worthy of serious consideration.

Secure your place on Rotorua's Golden Mile and unlock the potential of this exceptional development opportunity.

Listing ID: 43138755

Tenanted Industrial Investment | Alexandra

Positioned within Alexandra's industrial precinct, 33 Russell Street presents an opportunity to secure a tenanted industrial investment generating $48,000 per annum plus OPEX and GST. The property is leased to well-established local joinery manufacturer, Central Benchmakers, on a new three-year lease commencing 1 April 2026, providing investors with secure holding income from day one.

The property comprises a versatile industrial facility incorporating workshop, warehouse, showroom, office and staff facilities. Purpose-built for manufacturing operations, the building features high-stud workshop space, practical access, storage areas, prominent street-front showroom and generous yard/car parking. Located within one of Central Otago's industrial hubs for the growing region, this offering represents an affordable entry point into the commercial investment market.

Investment Highlights

• Established tenant - Central Benchmakers
• Net rental income of $48,000 p.a. + OPEX + GST
• New three-year lease commencing 1 April 2026
• Functional workshop, warehouse, showroom and office configuration
• Well-located within Alexandra's industrial precinct
• Affordable industrial investment opportunity
• Indicative yield of approximately 6.85% at the asking price

Asking Price: $700,000 plus GST (if any)

For further information or to arrange an inspection, contact the sole agents, Dean Collins and Anna Rawling.

Listing ID: 43138843

Potential 8% Return | Minimal Capex Required

Offered to the market for the first time, 36-40 Ellis Street presents a substantial mixed-use investment generating income from 18 separate tenancies across a significant commercial precinct and ten modern apartments.

Set on 3119 sqm of land in the heart of Brightwater, the property delivers immediate cash flow, income diversification and a clear opportunity to further enhance returns through active asset management rather than capital spend.

Property Highlights:

• Brightwater's largest town-centre commercial footprint
• $486,700 p.a fully leased net income ($434,700 passing) from 18 diversified income streams
• No single tenant above 11% of income
• Ten modern two-bedroom apartments with consistently strong occupancy
• Clear pathway to yield growth with minimal capex
• Four freehold titles with unit title potential (subject to approvals)
• Extensive on-site parking, rare for a town-centre asset

The commercial precinct is anchored by established occupiers including NZ Post and HQ Cafe, and its flexible layout suits a wide range of tenants. Two vacant tenancies are ready to lease, giving a new owner an immediate opportunity to lift income.

The ten apartments continue to attract strong tenant demand, providing a reliable residential income stream alongside the commercial offering, with scope for rental growth over time.

With scale, immediate cashflow and income upside achievable through active management rather than capital spend, this is a rare opportunity to secure a significant investment in one of Tasman's fastest-growing communities.

For sale by buyer enquiry over $6,750,000 (+GST if any)

Viewing strictly by appointment - contact Brad Allam or Geoff Faulkner now to find out more.

*boundary lines are indicative | land and floor areas are approx. only 

More information: https://www.colliers.co.nz/p-NZL67042655

Listing ID: 43142699

Occupy or Redevelop in Beckenham

Colliers is pleased to present 124–130 Colombo Street, Beckenham, an opportunity to secure a substantial suburban corner property with vacant possession, suited to owner-occupiers, investors or developers alike.

Occupying the south-eastern corner of Colombo and Tennyson Streets, the property comprises approximately 1,497sqm of freehold land across three combined titles, with approximately 450sqm of existing buildings and extensive onsite parking.

Previously home to Harcourts Grenadier’s Beckenham branch, the property comprises four interconnected buildings, including a restored villa originally used as a private residence. Earlier uses included a corner dairy, TAB and fruit and vegetable store, reflecting its long-standing presence within Beckenham’s commercial precinct. For owner-occupiers, the existing building offers the opportunity to establish a business in a visible and accessible location, with generous parking for staff and visitors. Access from Tennyson Street and exit onto Colombo Street make getting to and from the property straightforward, while the corner position provides excellent exposure to passing traffic.

The sizeable corner landholding and three-title configuration will also appeal to purchasers considering refurbishment, reconfiguration or redevelopment. Potential residential or commercial uses can be explored, subject to current zoning and Christchurch City Council requirements.

Offered with vacant possession, the property provides purchasers with the flexibility to plan for their own occupation or consider a new direction for this established Beckenham site.

For sale by Deadline Private Treaty closing 4pm, Thursday 5 November 2026 (unless sold prior). 

*Boundary lines are indicative only.

Features:

• 1,497 sq m Freehold site held across 3 separate titles
• 450 sq m of buildings including a restored villa
• High profile corner
• Extensive onsite car parking and dual access
• Medium Density Residential Zone - previous commercial use
• Popular suburban location in established commercial hub
• Exceptional signage and branding opportunity
• Vacant possession

More information: https://www.colliers.co.nz/p-NZL67042738

Listing ID: 43142873

Quality Industrial Investment

Modern, high stud warehouse facility ideally located in the rapidly growing area of Rolleston.

Fully leased to the well-established and long term tenant Inkwise Limited (formerly Guardian Print Limited), which has occupied this post-quake building since new in 2014 and has recently entered into a new lease. The tenant is ensconced in the area as it also occupies the inter-connected neighbouring building of 2,400m2*.

Rental currently returning $202,265pa + GST + outgoings.

Well located in the popular Izone Business Park, Rolleston which provides excellent transport linkages being just off SH 1 and between the 2 inland rail hubs for Lyttelton Port Co. and Port of Tauranga (Timaru).

A superb high stud (8m* rising to 10m*), clear span, warehouse of 1,154m2* plus modern office and amenities of 256m2*. Total building 1,410m2* plus canopies of 52m2*.

Advantaged by having rear access providing drive-through capabilities and 19 onsite car parks.

An ideal opportunity to purchase a quality post quake building for added peace of mind.

Your investment is also well underpinned by being on a large freehold title with a land area of 3,865m2, zoned Business 2a (Selwyn).
(* approx.)

Call sole agent Paula Raine 027 221 4997 for an information pack and to arrange your viewing.

For Sale: By Deadline Sale, closing 4pm, Thursday 29th October 2026, at the offices of RWC (Ray White Commercial) Christchurch, Level 2, 76 Hereford Street, Christchurch

https://rwcchristchurch.co.nz/

Listing ID: 43143015

Entry Level Workshop or Development Opportunity

Industrial workshop/warehouse in popular central industrial location. Great option either for an entry level owner occupier or as a development opportunity on a good-sized parcel of central industrial land.

Currently comprising two separate workshops plus a standalone office building, the property is fenced, gated and private.

Call Mark to view.

Features:

• Two separate workshops
• Private and secure
• 3-phase power
• Vacant possession

More information: https://www.colliers.co.nz/p-NZL67042817

Listing ID: 43143747

Quality childcare investment - Entry level

This opportunity will appeal to any astute investor or entry level investor looking for a quality, tidy investment to add to their commercial portfolio.

This well located purpose built childcare investment is leased to a business Fearn Family Educators Limited returning approximately $101,200 PA + GST + OPEX and should appeal to those searching for a quality easy care asset. The current lease has an approx 5 -year remaining term further adding to the attractiveness of the investment. 

The property is in a very tidy condition, providing low maintenance care with a good lease in place.

It has a great established customer base due to its extensive surrounding residential catchment, in Rangiora, ensuring consistent enrollment numbers.

This asset provides a great long-term investment for those looking to re-invest funds or cement their portfolio position, while it also has the benefit of a strong underlying land value component given its prime location.

Don’t miss the opportunity to secure an exceptional investment call today for further details.

For sale by Deadline Private Treaty: 4pm, Thursday 5 November 2026 (unless sold prior).

*Boundary lines are indicative only.

Features:

• Land area – approx 1,785 sq m
• Lease term – 10 years commencement date – 1 July 2021
• Low maintenance construction
• 4.8 years remaining on the lease
• Right of Renewal : 3 * 5 years
• Net income - $101,200 + GST + OPEX
• Established Rangiora location
• Tenant – Ako Rangiora
• Purpose built centre
• Tidy improvements
• Great car parking available and easy access

More information: https://www.colliers.co.nz/p-NZL67042778

Listing ID: 43143891

Elegant stately homestead, endless opportunities!

Welcome to Mount St Joseph, a landmark estate set on approximately 1.18 hectares in sought-after St Johns Hill. Established gardens and mature trees create a peaceful setting, with sweeping views over Whanganui, the river and the surrounding countryside. Originally an elegant private residence, Mount St Joseph became home to the Sisters of St Joseph in 1949. It served for many years as a novitiate before becoming Te Punanga o Hohepa, the Josephite Retreat Centre. Its history of reflection and hospitality remains evident today.

The substantial main building has an approximate footprint of 790 m2. Across two levels, high ceilings, generous rooms and heritage detailing convey an impressive sense of scale. The ground floor comprises offices, interview rooms and two substantial meeting rooms, accommodating everything from private appointments to larger group gatherings. A main kitchen and open-plan owners’ dining area support the property’s accommodation and hospitality functions. Secure garaging provides space for four vehicles. The entire upper level is devoted to accommodation and is accessible by stairwell or lift.

It includes an apartment, two self-contained flats and guest rooms, each enjoying panoramic views across the surrounding countryside. Carefully maintained over time, Mount St Joseph offers its next custodian a range of possibilities, including boutique accommodation, a retreat or hospitality venue, community use or a private residence suited to multigenerational living, subject to the necessary council approvals and heritage considerations. Properties of this scale, setting and history are seldom available. Contact us to arrange a viewing of Mount St Joseph. Offers and enquiries over $1,500,000 + GST if any.

Listing ID: 43147826

A Pedigree Trophy Investment

Bottom drawer trophy investment in high profile location

This a rare chance to add a trophy commercial investment to your portfolio. An established tenant who have just renewed the lease of the premise that they’ve been in since 2011, and requested rights of renewal through to 2041. Animates, founded in Christchurch in 1995, has 48 stores throughout NZ and is a dominant player in the pet, pet care, and pet wellness industry, which as an industry is valued in New Zealand at over $2.5b annually, with annual growth of 5-8%.

Modern construction, freehold title, national brand tenant, 3% annual increases, a renewed net lease, and tenant rights through to 2041 complete this trophy offering.

Features:

• Renewed five (5) year term
• ‘A’ grade seismic rating
• High profile location
• Modern construction
• National brand tenant
• Lease through to 2041

More information: https://www.colliers.co.nz/p-NZL67042803

Listing ID: 43148439

Rare 3,962sqm Freehold Opportunity - Howick

3,962 m² of freehold land in the centre of Howick village, across two titles and zoned Business - Town Centre. On it sit Rices Mall and Civic House: 2,006 m² of shops and offices over twenty tenancies. Paper Plus, The Salvation Army and Baker's Delight anchor an arcade that runs from Picton Street through to the Fencible Drive car parks.

Both buildings have been strengthened to a minimum of 70%NBS, with code compliance certificates issued.

The lease profile gives an owner options: hold, reposition, refurbish, or plan for what Town Centre zoning allows later.

Freehold blocks of this size rarely come up in Howick.

The full income detail is in the Information Memorandum, available on signing a confidentiality deed.

Deadline Private Treaty closing 4:00pm, Wednesday 11 November 2026.

For further information or to arrange an inspection, contact:

Mike Hoeft - 021 560 491
mike.hoeft@raywhite.com

Finn Hurst - 027 688 8970
finn.hurst@raywhite.com

Listing ID: 43148564

WAIRAU INDUSTRIAL - YOUR NEXT MOVE

This versatile Wairau Valley industrial unit presents an excellent opportunity to secure an affordable industrial holding in one of Auckland's most established and sought-after commercial precincts. Offered for sale with vacant possession.

Positioned within an established industrial development in the heart of Wairau Valley, this approximately 180m² unit provides a practical combination of workshop/warehouse space, office and amenities over two levels.

The ground floor comprises functional warehouse/workshop space with convenient roller-door access, office and amenities, while the first floor provides additional well-presented office space, amenities and mezzanine storage.

The property will appeal strongly to owner-occupiers, trades, service businesses and investors looking to secure an fantastic industrial holding.

Key Features:

• Approximately 180m² industrial unit
• Offered for sale with vacant possession
• Refurbished office and amenities over two levels
• Functional workshop/warehouse space
• Convenient roller-door access
• Three allocated car parks
• Suitable for owner-occupiers, trades, service businesses and investors
• Established Wairau Valley industrial location
• Excellent access to surrounding amenities and motorway connections

With the vendors committed to moving forward, the property is offered for sale by Auction on Thursday 12 November at 12.00pm at 128 Hurstmere Road, Takapuna. (Unless sold prior).

For further information or to arrange a viewing, contact the Industrial Specialists at NAI Harcourts Commercial.

Chase Erceg 021 049 0079
Channa Munasinghe 027 536 4020

Listing ID: 43148565

Large-Scale Industrial Site with Exceptional Profile

A rare opportunity to secure over 2 hectares of flat, industrial land with 127 meters of frontage to State Highway 3 (Devon Road), in the northern gateway to New Plymouth's CBD.

The site is the only industrial property which has direct access off State Highway 3, plus the added benefit of a secondary access from Connett Road, making subdivision and configuration of the site more efficient. 

There are two workshops on the site, near the Connett Road crossing including a 250 sqm shed with 6 roller doors and a 600 sqm workshop, both constructed in the 1960’s.

The boundary extends to the immediate frontage of the State Highway, as opposed the other properties along the strop which have a 25 metre Council owned reserve preventing maximum exposure. The property was previously utilized as a House Removal Depot, with the majority of the site sealed / compacted metal.

Situated within the established Bell Block industrial precinct, the property enjoys exceptional exposure to one of Taranaki's busiest transport corridors, strategically positioned between the CBD and the New Plymouth Airport on the main arterial route leading of the city toward Hamilton and Auckland.

Industrial landholdings of this scale are increasingly difficult to secure, particularly those offering excellent profile, multiple access points and immediate development potential. 1104 Devon Road represents a compelling acquisition in one of Taranaki's most tightly held industrial locations.

For Sale by Negotiation

For more information or to arrange an inspection contact:

Benet Carroll
+64 210 289 4537

benet.carroll@collierswgtn.co.nz

Please note: all floor areas are approximated only.
 

Features:

• 2.0401ha freehold title
• High-profile State Highway 3 frontage
• Dual access via SH3 /Devon Road and Connett Road
• Extensive hardstand and yard areas
• Zoned General Industrial
• Highly sought after Bell Block location
• Vacant possession opportunity

More information: https://www.colliers.co.nz/p-NZL67042877

Listing ID: 43148903

CORNER POSITIONING, STATION EXPOSURE

Deadline sale: Closes on Wednesday 11 November 2026 at 2:00PM (unless sold prior)

61-65 Pitt Street is a freehold character corner property directly beside the Beresford Square entrance to Karanga-a-Hape Station, on the Karangahape Road ridge at the edge of Auckland’s city centre.

Since the City Rail Link opened in September 2026, the station has brought rail passengers heading to The University of Auckland, AUT, and Auckland City Hospital, all within easy walking distance.

The 201m² corner site comprises two titles, with approximately 20m of frontage. It is zoned Business – City Centre and sits within the Karangahape Road Precinct and Historic Heritage Area. The Volcanic Viewshafts limit height to approximately 25m to 26m, and the site is subject to proposed Plan Change 120.

The circa 1920 two-storey Italianate building is divided into two self-contained tenancies. The ground floor is fitted out as a café with a commercial kitchen, native timber floors, and a cobblestone courtyard under a gabled glass canopy. The upper level office is accessed by its own stairwell from Pitt Street, featuring native timber floors, stud heights over 3.0m, and natural light from both elevations.

The ground floor is leased to the Lebanese Grocer for $67,000 + GST net per annum.  The vacant upper level offers scope to add income or for owner occupation options.

The property will appeal to a range of buyers. Investors can secure established income and lease up the upper level. Business owners can operate from the first floor while the ground floor tenant pays rent. Long-term holders can acquire a scarce position with frontage to a public square and direct station exposure.

KEY DETAILS:

• Freehold site of 201m² across two titles
• Frontage to Pitt Street and Beresford Square
• Close proximity to Beresford Square entrance to Karanga-a-Hape Station
• Character two-storey building with sunny aspect
• Ground floor leased at $67,000 + GST
• Vacant upper level

Listing ID: 43149138

Dish Up Something Special in Paeroa

• Prominent exposure to Belmont Road
• Well suited to a range of food and hospitality operators
• Practical and adaptable floor plan
• On-site car park at rear of property

• Available now

Take advantage of a prominent position on Belmont Road with this 130sqm approx. tenancy in the heart of Paeroa. Offering a straightforward and flexible space, the premise provides an owner operator with the opportunity to tailor the layout and fit-out to complement their business. Strong street exposure and established neighbours, including Bakehouse Café, Sunnys, Anexa Vets and the St John Opportunity Shop, this main street premise offers a great platform for operators wanting to establish or grow their presence in central Paeroa.

NAI Harcourts offers unrivalled access to the majority of leasing opportunities in Hamilton and across the Waikato and Coromandel, contact Wayne Guest, Tina Boyd or Kieran Casey for a tailored, in-depth market search.

Listing ID: 43149348

Student accommodation investment | 6% returns

Ilam Mews presents a rare opportunity to secure purpose-built student accommodation within Christchurch's premier university precinct.

Located just 700 metres from the University of Canterbury, the development comprises 155 unit-titled residences, including studio and one-bedroom apartments and four, five and six-bedroom terrace homes. Investors can acquire individual residences or secure multiple dwellings in a single transaction.

Purpose-built student accommodation continues to benefit from growing enrolments, limited accommodation supply and increasing demand for professionally managed living environments. Ilam Mews has been specifically designed to meet this demand, providing investors with access to a resilient and undersupplied market.
Investment highlights – based on block of 3x six-bed terrace homes

• Guaranteed rental return of up to 6% p.a.
• Backed by a head lease covering the first two academic years
• Professionally managed and leased to selected students
• Fully furnished turnkey investment
• Unit-titled residences
• 700m from the University of Canterbury
• Secure, purpose-built student accommodation community
• Individual and bulk purchase opportunities are available

Additional in-one-line opportunities are available across a range of apartment and terrace home typologies, allowing investors to tailor acquisitions to their preferred investment strategy.

Ilam Mews offers the ability to acquire multiple income-producing residences in one line. The individual title structure provides flexibility to hold, refinance or divest dwellings separately over time, creating multiple exit strategies not typically available in traditional student accommodation assets.