Commercial property for sale

Listing ID: 43055560

Landmark Akaroa accommodation asset

Steeped in Akaroa history and thoughtfully transformed for modern accommodation use, this substantial former convent dating back to 1907 has been comprehensively renovated and repositioned for its next chapter, now presenting a rare opportunity in one of the township’s most tightly held sectors.

Combining heritage character with extensive modern upgrades, the result is a substantial accommodation offering where the hard work has already been completed.

Set on a freehold 1,133sqm site in the heart of Akaroa, the property presents an increasingly rare opportunity to secure a large scale accommodation asset in a township where demand consistently outweighs supply. With Akaroa continuing to experience a well documented shortage of visitor and worker accommodation, the property is currently operating with strong occupancy and provides immediate income potential alongside future flexibility.

The expansive layout includes eight bedrooms - 2 x 2 bedroom apartments, generous communal living spaces and a well-appointed commercial style kitchen, all enhanced through significant refurbishment undertaken by the current owner. The property is equally suited to group accommodation, staff housing, tourism ventures, retreats or extended family ownership.

Practical amenities include updated bathroom facilities, and storage spaces, laundry facilities, off-street parking, including a covered triple bay carport and additional vehicle space.

Supporting documentation relating to renovations, compliance and building systems is available to provide purchasers with confidence in the extensive improvements completed.

The rear of the property has been cleared, creating additional flexibility and potential for future income, including the option for an incoming owner to explore the placement of tiny homes or supplementary accommodation (subject to any required consents).

Positioned within easy walking distance of Akaroa’s cafes, restaurants, waterfront and recreation facilities, the property enjoys one of the township’s most convenient locations.

Opportunities to acquire a property of this scale, character and versatility in Akaroa are exceptionally limited. With renovation works complete and demand for accommodation remaining consistently high, this is a compelling offering for investors, tourism operators and visionary buyers alike.

For sale by Deadline Private Treaty closing 4pm, Thursday 25 June 2026 (unless sold prior).

*Boundary lines are indicative only.

Features:

• Significant renovation
• 2x2 Bedroom apartments, 5x Double rooms, 3x Single rooms
• Stunning location
• Immediate cashflow
• Value add potential
• 1,133 sq m Freehold site
• Heritage listed
• Insured

More information: https://www.colliers.co.nz/p-NZL67040521

Listing ID: 43056095

Blue-Chip Industrial Investment with ABB

Positioned within the tightly held Central Park industrial precinct in Henderson, this high-quality industrial investment offers secure income backed by a globally recognised tenant covenant and future rental upside potential.

Leased to ABB Limited — a multinational engineering and technology company operating in more than 100 countries — the property has been continuously occupied by the tenant since the mid-1980s, demonstrating exceptional occupancy stability and long-term commitment to the location.

Property Highlights
• Net lettable area of approximately 2,630sqm
• Functional warehouse, office and amenities configuration
• Generous yard area and extensive on-site parking
• Strategic West Auckland location with excellent motorway connectivity
• Business – Light Industry zoning
• Strong underlying land and building fundamentals

Secure Long-Term Income

• Sub $10m Investment Opportunity
• Tenant Substantially Invested
• Fixed Annual Rental Growth
• Market rent at Renewals
• Stable income underpinned by ABB Limited covenant

Future Upside Potential
The property presents genuine value-add opportunities through future yard rentalisation, additional parking income, or potential warehouse expansion into the existing yard area upon vacancy.

Strategic Industrial Location
Located within the established Central Park Drive industrial precinct, the property benefits from excellent access to Lincoln Road, SH16 motorway connections, Auckland CBD, and key logistics routes servicing the wider metropolitan area.

Industrial assets of this calibre — combining blue-chip tenancy, fixed rental growth and future repositioning potential — remain tightly held and highly sought after.

The property is offered for sale by Deadline Private Treaty, closing 2:00pm Thursday 25 June 2026 (unless sold prior).

For further information or to arrange an inspection, contact the sole agents.

Chad Greer
chad.greer@savills.co.nz
+64 22 650 8044

Tom Cooper
tcooper@savills.co.nz
+64 21 056 3684

Paddy Callesen
pcallesen@savills.co.nz
+64 27 271 1558

Listing ID: 43056250

5-Star Motel - Business Available Now

Lodge Bordeaux stands alone as Whangārei's only 5-star motel facility, representing a high yield hospitality asset with a robust bottom line. Cemented by a 30-year lease (commencing April 2023) on a formal leasehold title, this business has delivered a consistent average net profit of $287,000 per year over the past eight years. For international buyers seeking a secure entry into the New Zealand market, this is a premier safe haven business backed by proven performance and a strong local reputation.

Lodge Bordeaux is a resilient, well-oiled machine. Its success lies in a loyal client base of returning professionals, government officials, and healthcare specialists. It is this corporate orientated mix that ensures the business comfortably withstands tourism fluctuations, offering a stable and recession-resistant income stream in a prime State Highway 1 location.
Whangarei's economic growth projections are significant, being the gateway to the North. The Port expansion, the new 4 lane highway, the rail upgrade and extension, industrial and residential developments, and the new Whangarei Hospital are just a few to mention to indicate the scope of growth and secure custom for Lodge Bordeaux.

Built to last and meticulously maintained, this property offers peace of mind:
Brick and plaster finish provides for a solid construction, superior soundproofing and a quiet guest experience.
A full exterior repaint was completed in 2024, ensuring a pristine first impression.
A brand-new, centrally reticulated hot water system (installed 2024) provides instant hot water to all 15 suites.
Comprehensive laundry facilities and an EV dual fast-charge bay ($25/charge) provide a significant operational advantage.

Operating Lodge Bordeaux provides the perfect balance of lifestyle and cashflow. The spacious, 3 bedroom owners accommodation offers a large private bathroom with shower and bath, and an internally accessed garage. The reception is adjacent to the living quarters and can be closed off for total privacy. The large kitchen offers the opportunity to prepare commercial portions for room service.

Current owners, David and Stephanie, have operated this facility comfortably for eight years. The business is so efficient that David has successfully managed a separate agricultural venture simultaneously-a testament to the turnkey nature of the motel business. With a dedicated cleaning crew who know the property intimately and established motel minders available for your time away, Lodge Bordeaux is truly a plug-and-play opportunity.

Accommodation Suite Highlights
15 Premium Rooms: Including 2-bedroom, 1-bedroom, studio spa rooms, and balcony suites all with their own air condition system.
Superior Comfort: All beds are King or Superking; includes disability-accessible options.
Vendors maintain a full stock of replacement appliances to ensure the 5-star standard is never compromised.
The heated pool and communal barbeque area further add to the premium aspect of Lodge Bordeaux.

The owners are committed to a sale. Whether you are a local couple seeking a premium lifestyle change or an international investor looking for a secure New Zealand asset, Lodge Bordeaux is a standout choice.

Contact us today!

Listing ID: 43056306

Industrial investment - national tenant

•Leased to an established business returning $66,000 GST + outgoings
•Functional industrial building suitable for a variety of uses
•Desirable location with huge exposure
•Large freehold site totalling 1,093sqm (more or less)

Positioned in a high-profile location, this is a rare opportunity for investors to secure an affordable industrial investment that is underpinned by an established national tenant. The building comprises a total floor area of 230sqm (more or less) of predominately high stud warehouse accessed via multiple roller doors. Additionally, the tenants benefits from the ample onsite parking and excellent visibility onto Hokonui Drive. Leased to Smith and Smith Glass, the property currently leased on a three year lease term (3+3+3) returning an annual net income of $66,000 + GST + outgoings. This is an desirable opportunity for astute purchasers looking to secure a fundamentally strong investment property in an excellent location, all investors should consider.

Listing ID: 43056311

ABOUT TO GO!

New unit. Enjoy low maintenance, practical and thoughtful design having been designed to meet 100% of code with regards best practice fire design and earthquake engineering.
With a stud height of 7m the warehousing is ideal for racking systems and getting the most efficiency out of your space.
These are ready for immediate occupancy.
Six carparks are allocated with the unit and there is the option to secure extra.
Hamilton Airport industrial precinct has grown rapidly and is recognised as a great investment location and place for business.
Call Vaughan for further details

Listing ID: 43056313

READY TO GO!

New units. Enjoy low maintenance, practical and thoughtful design having been designed to meet 100% of code with regards best practice fire design and earthquake engineering.
With a stud height of 7m the warehousing is ideal for racking systems and getting the most efficiency out of your space.
Three carparks are allocated with the unit and there is the option to secure extra.
Hamilton Airport industrial precinct has grown rapidly and is recognised as a great investment location and place for business.
If you're looking for something a little bigger, stage 2 offers larger units.
Call Vaughan for further details

Listing ID: 43056702

Own Your Own Office

• High profile 590m2 Freehold site.
• Consented for office use.
• 100m2 office building, 30m2 garage/storage.
• Reroofed, rewired, double-glazed, immaculately presented.
• Ample well-drained sealed parking area.
• Security alarm, air conditioned.
• Close proximity to Central City at the start of Te Rapa Straight.
• Vacant possession, available for immediate occupancy.

Listing ID: 43059778

Versatile 8.23ha Landholding

An opportunity to secure approximately 8.23 hectares (more or less) of versatile, Large Lot Residential zoned land in the well-regarded rural locality of Kihikihi. Positioned at 24 Brill Road, this property offers a balance of open space, accessibility, and future potential, making it suitable for a range of uses.

Located just minutes from Te Awamutu and within commuting distance to Hamilton, the surrounding area is known for its strong agricultural base and growing demand for lifestyle properties.

For sale via Deadline Private Treaty closing 3pm Tuesday 7th July, 2026 (unless sold prior).

Contact Alan Pracy for further details. 

More information: https://www.colliers.co.nz/p-NZL67040074

Listing ID: 43059785

Major Development Opportunity

On behalf of Ryman Healthcare, CBRE is offering astute developers the opportunity to secure a significant 9.54ha residential development site positioned within Rolleston, the largest urban centre in Selwyn - New Zealand’s fastest growing district. Located within the core southern Rolleston corridor, the property offers the opportunity to participate in the continued evolution of one of Greater Christchurch’s most strategic and rapidly expanding residential precincts. Importantly, the property benefits from an existing resource consent (granted 2023) for a retirement village development, providing a clear pathway for future development.

Rolleston has emerged as one of New Zealand’s most compelling residential growth markets, materially outperforming national benchmarks across population growth, housing activity and building consents. Selwyn recorded the strongest territorial authority population growth in New Zealand between 2018 and 2023, increasing 29% compared with 6.3% nationally, while residential building consents increased 15.5% year-on-year compared with approximately 1.0% nationally. This growth has translated into consistent housing absorption, with approximately 1,600 house sales recorded across Selwyn in the year to June 2025.

The district’s growth profile remains heavily family-oriented and underpinned by genuine long-term household formation dynamics. Selwyn school enrolments increased 91% between 2010 and 2024, with 81% of this growth occurring within Rolleston, driving substantial government investment into additional schooling infrastructure across the district. Rolleston College, established in 2017, has rapidly become one of the South Island’s largest secondary schools with a roll approaching 1,900 students and a new senior campus opening in 2026 to accommodate continued growth. Health enrolments, one of the strongest real-time indicators of population servicing demand, increased 3.4% year-on-year to June 2025 compared with 1.9% nationally. This demand has underpinned major healthcare investment including the recently completed Selwyn Health Hub/Health NZ Birthing Unit, developed to expand long-term healthcare capacity across the district.

The surrounding location continues to benefit from substantial public and private investment, rapidly elevating the long-term strategic significance and amenity of Rolleston. The property is walking distance to the new Woolworths Rolleston South (currently under construction), with further retail amenity boosted by the new $85m Rolleston Fields precinct and Rolleston Square large format retail hub. Notably, the recently completed PAK’n SAVE Rolleston is the South Island’s largest supermarket, underscoring the depth of confidence and the strong population growth underpinning the wider catchment.

Given the property’s scale and strategic positioning, strong interest is anticipated and early engagement is encouraged.

583 East Maddisons Road is offered for sale by way of Expressions of Interest closing Thursday 2 July 2026 at 4:00pm NZST (unless sold prior).

Key Features:

• ~9.5ha (approx.) Scale Development Opportunity
• Located in Rolleston, the Largest Urban Centre in New Zealand’s Fastest Growing District
• Proven Population Growth with Demonstrated Housing Absorption
• Zoned Medium Density Residential
• Existing Resource Consent Providing Clear Development Pathway
• Proximity to Woolworths Rolleston South (Under Construction)

Listing ID: 43059895

Diversified CBD Investment

• Profile main street location and proximity to the Sky City Entertainment Complex & BNZ Theatre (formerly known as the Waikato Regional Theatre)
• Spread of risk with two established tenants, currently returning $86,200pa plus GST & Outgoings
• New five (5) and three (3) years leases in place, to established tenants
• Freehold property and seismically strengthened building (70% NBS)
• Recently redeveloped with modern fitouts

Our Vendor has decided now is the time to sell in order to complete other endeavours. Phone the now for further information.

Listing ID: 43060053

Strategic Heavy Industrial Investment

Positioned 13 kilometres south-west of the Christchurch CBD at the heart of the Southern Corridor, the primary logistics spine linking Lyttelton Port, the CBD, plus Midland Port/MetroBox at Rolleston. This is a rare opportunity to secure a substantial heavy industrial holding with strong long-term fundamentals in one of Christchurch’s most strategically important logistics locations. Occupied by an established multi-national tenant on a long-term lease, the property offers excellent holding income plus substantial future development potential, making it an ideal set & forget investment.



Key Features:

• Sound long-term investment opportunity
  
• Total land holding of 6,500m² across two titles
  
• Zoned Industrial Heavy
  
• Established NXZ-listed, multi-national tenant with rights of renewal through to 2060
  
• WALT of 14.18 years, sole tenant
  
• Approximately 779m² GLA comprising workshop and office complex
  
• High-stud, clear-span workshop with concrete tilt-panel construction
  
• Large secure fenced yard with chipseal, gravel, and asphalt surfaces
  
• Low site coverage, approximately 12%, providing substantial development potential
  
• Strategic logistics location servicing key freight and distribution routes
  

Combining secure income, scale, and strategic positioning, this property presents a rare opportunity for investors seeking exposure to Christchurch’s tightly held industrial market. With a strong blue-chip tenant covenant, significant yard capacity, and future development upside, opportunities like this are seldom available.



Deadline Sale: All offers to be presented on or before 4:00pm Thursday 2nd July 2026 (unless sold prior)



To download the property files, copy & paste the following link: https://www.propertyfiles.co.nz/property/RX5103360

Listing ID: 43060487

Tradesmen’s Unit or Toy Shed?

CBRE is pleased to present Unit 14, 97e Sawyers Arms Road to the market for sale at $360,000 + GST (if any).

Positioned in Christchurch’s northwest, this entry level industrial property will suit a range of uses. The property offers a practical configuration, comprising a versatile warehouse/workshop area complemented by tidy office space, making it suitable for a wide variety of business uses.

Conveniently located, the property benefits from excellent access to key arterial routes and is well-supported by surrounding local amenities, including Northlands Shopping Centre.

Key Features:
-85sqm* Warehouse/Workroom & Office
-35sqm* Mezzanine
-Electric roller door
-One car park
-Shower & Toilet
-Available now

*Approx.

Contact the sole agents Jeremy Brown (027 506 0430) or Mitchell Wallace (027 6644 773) for further information and to schedule an inspection.

Listing ID: 43064294

Quality Industrial Investment

Here's an excellent opportunity to secure this substantial freehold industrial investment leased to Fonterra and Fortysouth located within an established industrial precinct of Te Rapa, Hamilton. The property comprises a total land area of 10,490 square metres with a total floor area of 5,997 square metres. Leased to Fonterra with a renewed 6 year term from June 2025 supplemented by a lease for a cell tower. 

The property is being offered for sale via Deadline Private Treaty closing 3.00pm Thursday the 23rd of July 2026 (unless sold prior). 

Contact the Alan, Blair, or Anne-Marie for more information or to arrange an inspection.

Features:

• Freehold industrial investment
• Prime location
• 10,490 square metre land area
• 5,997 square metre floor area
• Currently returning $508,546 p.a.
• Fixed rental increases
• Quality tenants

More information: https://www.colliers.co.nz/p-NZL67040536

Listing ID: 43064550

Modern Industrial Unit

Positioned in the sought-after Sockburn industrial precinct, this well-presented post-earthquake commercial unit offers a versatile mix of warehouse and office space suited to a wide range of owner-occupiers and investors.

Located at 3/19 Nga Mahi Road, the property features approximately 178sqm of clear-span warehouse accommodation complemented by 91sqm of modern office space split over two levels. With excellent accessibility and close proximity to key arterial routes, this is a superb opportunity to secure quality industrial premises in a tightly held location.

Property Features:
• 178sqm warehouse
• 91sqm office over two levels
• Container height roller door
• Post-earthquake construction
• 3 phase power
• Accessible bathroom with shower plus additional bathroom
• Kitchenette
• Security system
• Two heat pumps
• Five onsite car parks
• Functional and versatile layout
• Excellent Sockburn location with easy access to main transport routes

This property will appeal to businesses seeking a modern and practical industrial base in one of Christchurch's established commercial hubs.

To view all available documents please copy and paste the following link: http://propertyfiles.co.nz/property/30979923

Contact Brian today for further information or to arrange an inspection.

Note: Areas are approximate and should be independently verified.

Listing ID: 43064680

Mixed-Use Investment in a Prime Wānaka Location

54 Reece Crescent presents a standout investment opportunity, combining commercial and residential income within a sought-after Business Mixed Zone. With established tenancies, reliable cash flow, and a strategic location close to key amenities, this property is perfectly positioned to benefit from Wānaka's ongoing expansion and strong market demand.

The property offers a regular shaped 700sqm site that adjoins a strip of reserve land plus has a good quality two level building located upon it originally built circa 2002 that caters for mixed uses with current tenants including Sanctuary Day Spa, a second hand sports store plus a three bedroom two bathroom residential apartment to the upper level.

The Business Mixed Use Zone allows and encourages multiple activities including commercial, business, retail and residential uses, with the potential to develop to a height of 12m.

Investment Highlights:
• Prime location within close proximity to Wanaka's Town Centre
• Regular 700 sqm site with an excellent 20m (approx) frontage to Reece Crescent
• Adjoins a reserve strip
• Future redevelopment potential
• Leased to multiple established tenants balancing risk
• Business Mixed use zoning allowing a wide range of potential uses.
• Rental upside.

Contact Geoff McElrea to arrange an inspection or to access the online data room for further information.

Deadline sale closing 4pm Thursday 9 July 2026 (unless sold prior).

Listing ID: 43064689

CORNER PROFILE FREEHOLD

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

• 158m² ground floor Freehold unit

• Includes four secure car parks
• Prominent corner position with exceptional exposure
• Offered with vacant possession

Secure a premium foothold in the heart of Grey Lynn with this high-profile commercial opportunity. Occupying a commanding corner at Crummer Road and Vinegar Lane, the property enjoys outstanding visibility and presence, making it an ideal choice for businesses seeking to elevate their brand.

The ground floor comprises approximately 158m² of well-presented, versatile property, perfectly suited to a combination of office and showroom use. The interior is enhanced by generous stud height, polished concrete flooring, and a modern, high-quality fitout that allows for immediate occupation with minimal additional investment.

Positioned just moments from Ponsonby Road, this address offers excellent connectivity alongside access to one of Auckland’s most dynamic and sought-after commercial precincts. Surrounded by established retailers, hospitality venues, and professional services, this location provides both convenience and a vibrant environment to support business growth and client engagement.

Listing ID: 43064717

Yum Yum Yum: Three Tenants, One Tasty Deal

Secure a hands-off, diversified income stream in Blenheim’s prime hospitality strip with this high-profile, multi-tenanted CBD investment at 17A–C Maxwell Road.



With a combined floor area of 457sqm (more or less) on an 822sqm (more or less) site, this unit-titled property comprises three individual commercial premises, each configured for hospitality use with commercial kitchens and amenities.



The established tenant mix includes the internationally recognised Pizza Hut brand alongside two strong local hospitality operators, The Lemongrass and Village India Restaurant & Bar, delivering consistent performance in a proven location.



Rear Accessory Units provide valuable flexibility for additional parking or storage, supporting efficient operations for each tenant.



An Initial Seismic Assessment (ISA) of 70%NBS adds further confidence for investors and lenders.



This centrally located commercial investment delivers commanding street presence, strong foot traffic, and attractive returns for astute buyers seeking a near passive opportunity in Blenheim’s vibrant CBD.



Key features

• 822sqm (more or less) site with three unit-titled premises in the heart of Blenheim’s hospitality strip
  
• Quality tenancies including internationally recognised Pizza Hut, The Lemongrass and Village India
  
• 70%NBS seismic rating
  

For Sale by Negotiation plus GST (if any)



For more information or to view, contact the exclusive agents Grant Thorpe or Zak Thorpe

Listing ID: 43064755

Fully Occupied & Extensively Refurbished

As Exclusive Agents, CBRE New Zealand is pleased to present 11 Courtenay Place, Te Aro, Wellington to the market; an exceptional mixed-use investment opportunity in the heart of the capital’s most vibrant precinct.

Invest in the heart of Wellington’s premier restaurant and entertainment precinct. Occupying a prominent 579sqm (more or less) freehold site, this character building combines prime positioning with a diversified and resilient income profile.

The location delivers outstanding convenience with supermarkets, fine dining and boutique shopping all within easy reach. Mt Victoria, Oriental Parade and Waitangi Park are all within a short stroll, placing some of Wellington’s best outdoor spaces at your doorstep. For those working in the CBD, Lambton Quay is an easy 10-minute walk away, while a bus stop directly outside the laneway provides quick and easy access to the train station.

The building underwent a comprehensive refurbishment and structural upgrade in 2025, achieving a seismic rating of 70% NBS and delivering a high-quality, modernised asset. Comprising approximately 1,012.10sqm of net lettable area, the property incorporates a well-balanced mix of retail and residential accommodation.

The ground floor is split into three retail tenancies occupied by established operators, while the upper levels feature four contemporary, two-storey “near new” apartments with private outdoor areas. These residences are fully leased to a recognised serviced apartment operator on a 5-year term plus one 5-year right of renewal, providing accommodation for visitors seeking to immerse themselves in Wellington’s lively dining, café and theatre scene, right on the doorstep.

Returning approximately $487,446 net per annum (plus GST), the property benefits from multiple income streams and enhanced flexibility through individual unit titling across both residential and commercial components, offering an investor flexibility and upside now and in the future.

Zoned ‘City Centre’ under the Wellington City District Plan 2024, 11 Courtenay Place represents a rare opportunity to secure a fully revitalised, strategically located asset in one of New Zealand’s most tightly held and sought-after urban precincts.

Investment Highlights:

• Prime freehold site: 579sqm (more or less) in the heart of Wellington’s premier entertainment precinct.
• Diversified income stream: Well-balanced mix of retail, hospitality and residential tenancies providing income resilience
• Strong cashflow: Net income of approximately $487,446 per annum (plus GST) backed by established tenants and a long-term lease over the residential component:
• Extensively refurbished asset: Comprehensive 2025 upgrade delivering a modernised building retaining character with a 70% NBS seismic rating.
• Long-term lease over residential: Four high-quality, “near new” apartments fully leased to a recognised serviced apartment operator on a 5-year term plus one 5-year right of renewal.
• Established Ground Floor Tenancies: Three retail tenancies occupied by proven operators.
• Unit-title flexibility: Individual titling across all residential and commercial components provides flexibility and upside, now and in the future.
• Premium lifestyle location: Direct access to dining, entertainment, and retail amenity, with close proximity to Mt Victoria, Oriental Parade and Waitangi Park.
• Excellent connectivity: Easy 10-minute walk to Lambton Quay (CBD), with public transport at the doorstep and convenient access to the railway station.
• Tax depreciation: Given the comprehensive 2025 refurbishment, a fresh depreciation profile is a real after-tax benefit.

The property is being offered for sale by Deadline Private Treaty, closing Thursday 9th July at 4pm (unless sold prior).
For further information, please contact one of the nominated brokers.

Listing ID: 43064815

Unique Industrial / Commercial - Huge Profile

Harcourts are excited to present this unique industrial zoned property to the market for the first time in 35 years.
Sitting in a prominent location at the eastern entrance to the city this property boasts 1588 square meters total land area sitting over two levels with the current improvements being a circa 1970 built 204m2 (approx.) tech workshop/office type building and a 66m2 (approx.) warehouse.
The property lends itself to a range of industrial/commercial uses from upgrading the existing improvements, to embarking on a complete site redevelopment that fully utilises the large land area and high-profile/ high traffic volume location - over 12,000 vehicles pass the property per day on average. (Source -Waka Kotahi-NZTA website average annual daily traffic volume data).
The property is 'For Sale by Tender' with tenders closing at 4.00pm on Wednesday 15th July 2026 (Unless Sold Prior).
Call Pete today for full details or to arrange to view.

Listing ID: 43064852

Iconic Art Deco CBD Investment

Colliers is proud to present to the market the iconic ASB Bank Building, a rare opportunity to acquire one of Napier's most recognisable commercial landmarks, combining secure income with exceptional heritage significance.

Occupying the prominent corner of Hastings Street and Emerson Street in the heart of Napier's CBD, this striking two-storey property has been home to a bank for more than 90 years. Following the 1931 Hawke's Bay earthquake, the original Bank of New Zealand building was rebuilt and officially reopened in 1934, becoming a cornerstone of Napier's commercial landscape.

Today, the property is anchored by ASB Bank, which has occupied the premises since 1993. The bank occupies approximately 468.6 square metres under a lease running through to March 2029, providing investors with secure income backed by one of New Zealand's major banking institutions. The ground floor accommodates the bank's customer-facing operations, including an ATM lobby, teller areas and meeting rooms, while the first floor provides staff facilities and administration space.

A standout feature of Napier's renowned Art Deco precinct, the building is widely regarded as one of the city's most visited and photographed heritage properties. Constructed in the stripped classical Art Deco style, it features exquisite Māori motifs and kōwhaiwhai pattern. These unique cultural elements have been meticulously preserved and restored, creating a building of both architectural and historical importance.

Combining secure income, a blue-chip tenant, prime CBD positioning and irreplaceable heritage appeal, the ASB Bank Building presents a truly unique investment opportunity. For Sale by Deadline Private Treaty (unless sold prior), closing 3.00pm Thursday 9 July 2026. Contact Ash Hames for further information or to arrange an inspection.

Features:

• Floor Area 468.6m²
• Net Income $167,700 + GST
• Long Term Tenant
• Prominent Art Deco Building

More information: https://www.colliers.co.nz/p-NZL67040768