Commercial property for sale

Listing ID: 43111992

Remuera Medical - Occupy or Add-Value

Situated within the highly regarded Ascot Office Park, this premium strata unit offers a rare opportunity to secure a substantial medical or office premises in one of Auckland's most established healthcare and professional precincts. The property comprises approximately 636sqm (more or less) of net lettable area and benefits from an exceptional allocation of 17 exclusive car parks, a feature rarely available in comparable suburban assets.

Positioned on the northern corner of Building A, the suite enjoys excellent natural light, a 180-degree outlook, efficient existing fit-out, lift access, and flexibility to accommodate a wide range of medical, allied health, and professional office users. Offered with vacant possession, the property is equally suited to owner-occupiers seeking immediate occupation or investors looking to reposition and lease a quality asset in a tightly held location.

Located directly alongside Ascot Hospital and within close proximity to Greenlane Train Station, SH1 motorway access, Ascot Central, and Remuera amenities, the property benefits from outstanding accessibility and a strong surrounding network of healthcare operators.

For Sale by Deadline Private Treaty Closing 4:00pm, Wednesday 23 September 2026 (unless sold prior).  

Contact

Logan Roach | 027 358 9383

Michael van der Putten | 021 055 1049

Sam Hyde-Smith | 027 476 5882

Features:

• 636sqm (more or less) strata unit
• 17 on-site car parks
• Vacant possession
• Established medical and professional precinct
• Adjacent to Ascot Hospital
• Business - Mixed Use zoning
• 90% NBS rating (as per 2021 DSA)
• Excellent motorway and public transport connectivity
• Ideal for owner-occupiers and value-add investors

More information: https://www.colliers.co.nz/p-NZL67041997

Listing ID: 43116037

Portfolio Commercial Investment

View Saturday 12 September at 11am.
Seldom do commercial investment opportunities of this calibre come to the market.
Building and carparking on site in the middle of Te Awamutu main street.

• Prime office (approx 540sqm) investment opportunity returning a rental of $79,200 + GST
• Lease in place
• Prominent Government agency as current tenant
• Seismic Assessment IEP approximately 75% NBS
• LIM reports and seismic report available
• Two titles: 312sqm and 441sqm approximately, creating generous onsite car parking
• A high exposure location in a solid provincial town, Te Awamutu.

Act now to add or start your investment portfolio.
Deadline Sale closes 18 September 2026 at 1pm at Ray White Te Awamutu 223 Alexandra Street, unless sold prior.
Contact Pauline Love for your information pack. View Saturday 12 September at 11am.

https://rwteawamutu.co.nz/TEA31509

Listing ID: 43116055

Modern Building with Significant Yard

• Approximately 280m2 of building footprint (includes 90m2 of lean-to).
• Freehold site of 1082m2 provides secure excess rear yard.
• Easy access to SH1C and the CBD.
• Ideal for owner occupiers or investors alike.

Listing ID: 43116358

Napier Freehold Motel Investment

The Fern Motel offers the savvy investor the opportunity to buy this Freehold Investment in the Tamatea area of Napier. The motel has had extensive improvements over the years and presents well. The lease extends to 31st March 2045 (19 Years) and allows for biennial rent reviews through CPI or market rent reviews, offering an inflation-resistant investment. The current rent is $259,957.58 + GST per annum. All outgoings (insurance and rates) are covered by the lessee.

Enjoying a prime location just off the Napier Hastings Expressway (SH 2 / SH 50), Fern Motel is exceptionally well connected to Napier CBD, key arterial routes, and local services including Napier Airport. Its tidy, attractive grounds, plentiful parking and high-visibility street presence underpin strong tenant demand and long-term occupancy appeal.

This investment opportunity offers:

• An 18 Unit Motel with a 3 Bedroom Managers Apartment.
• Freehold land - 3,915m² (more or less) and buildings 730m² (more or less).
• Net rental income of $259,957.58 + GST per annum.
• Secure long-term lease through to 31st March 2045.
• Biennial rental increases – (CPI or Market Rent Reviews) - next one is from 1st April 2027.
• Established maintenance fund providing for ongoing asset upkeep.

Don’t hesitate to contact me to find out more about this effortless investment opportunity!

Further information is available on completion of a confidentiality agreement.

Listing ID: 43116395

New 12-Year Lease to KFC

Secure a premium passive investment underpinned by New Zealand's leading quick-service operators This high-profile premises is leased directly to Restaurant Brands Limited, with KFC having successfully traded from the site for more than two decades.

The property delivers a secure annual income of $172,800 plus GST plus OPEX per annum, underpinned by a new 12-year lease term extending through to 2038.

With a long lease to an iconic global fast food brand, and perfectly located, this is a flawless bottom-drawer investment that must be seriously considered! Opportunities of this caliber are highly sought after and rarely available. 

For sale by Auction at 11am, Tuesday 29th September (unless sold prior) at the Colliers Auction Room, Level 1, 52 Highbrook Drive, East Tāmaki.

Contact Colliers the Exclusive Agents:

Ronal Prasad - 021 232 1192

Ryan Gibb - 021 826 421

Features:

• Returning an annual income of $172,800 + GST + OPEX
• New 12 -year lease to KFC
• High Profile Great South Road location
• Ticks every box! Don’t miss out

More information: https://www.colliers.co.nz/p-NZL67042137

Listing ID: 43116508

Architectural Pedigree in the Heart of the City

After more than 100 years in the same family, 172 Peterborough Street is being offered to the open market for the first time, presenting a rare opportunity to acquire a property with genuine history, character and long-term potential.

Set on an exceptional 868sqm HRZ landholding, the property combines a beautifully restored 160sqm character villa with award-winning landscaped gardens, privacy and a highly sought-after central Christchurch location.

The property offers multiple avenues, including retention of the villa as a prestigious central city residence or high-end commercial office, together with potential future redevelopment or intensification of the underlying landholding, subject to the relevant approvals.

Located close to Forte Health and an established medical precinct, the property is surrounded by an increasingly sophisticated residential environment, including several high-quality townhouse developments. The CBD, Avon River Precinct and One New Zealand Stadium are all within easy walking distance, providing exceptional amenity and accessibility.

Currently occupied by two established professional tenants through to 31 July 2027, the property provides holding income in the short term, while its HRZ zoning offers flexibility for future residential intensification or alternative uses, subject to approvals.

For Sale by Deadline Private Treaty (unless sold prior), closing 4:00pm Thursday, 24 September 2026 (NZT). Contact the sole agents for further information.

Key Features:

• 868sqm HRZ landholding
• 160sqm beautifully restored character villa
• 100+ years of family ownership
• Two established professional tenants
• Income through to 31 July 2027
• Seven on-site car parks
• Residential intensification potential, subject to approvals

Click here to view property files
https://www.propertyfiles.co.nz/property/049842S

Listing ID: 43116633

Secure Investment building in Stratford

A strong investment opportunity in a prominent Stratford location.
This freehold commercial building presents an excellent opportunity for investors seeking a secure, income producing property with multiple tenants and a strong current return.
Built in 1989, the property occupies a prominent corner position with excellent visibility and plenty of convenient on street parking for tenants and customers.
The property is multi tenanted and fully leased, providing an attractive and diversified rental income stream from day one.

Investment Highlights:

• Freehold commercial building
• Built in 1989
• Fully leased and multi tenanted
• Prominent corner location
• Plenty of on street parking
• Established income with multiple tenants
• 570m2 Floor area across two floors

With all tenancies currently occupied, this property offers an appealing combination of secure rental income, a solid yield and a well positioned commercial asset.

Listing ID: 43116741

CBD Gem - Office Unit + 4 Rare Car Parks

Positioned on the ground floor in a high-exposure central CBD location, A/10 Hobson Street places your business right in the heart of the action, just minutes walk from Commercial Bay, the heart of the CBD the Viaduct Harbour.

This versatile 85sqm office offers a practical, high-utility tenancy featuring quality office space, five dedicated storage lockers, and a rare allocation of four on-site car parks.

With CBD parking increasingly scarce and costly, having four secure, dedicated basement spaces is a standout advantage. It ensures effortless access for clients, and staff without relying on surrounding public parking buildings. Combined with generous storage capacity, the unit delivers unmatched operational efficiency in the downtown core.

Having successfully operated their business at this location, the vendor has relocated and is committed to releasing capital for their next chapter. Clear instructions have been given to present all reasonable offers, making this an ideal entry for owner-occupiers, professional service firms, or add-value investors looking to secure a foothold in the Auckland CBD.

Contact the Sole Agents today for an Information Memorandum or to arrange an inspection.

Will Bason

+64 21 0837 9312

Ryan Gibb

+64 21 826 421

Features:

• 85m² office accommodation
• 4 on-site car parks
• 5 storage lockers
• Disability-accessible ramp
• Central Auckland CBD location
• Strong parking provision in a constrained market

More information: https://www.colliers.co.nz/p-NZL67041813

Listing ID: 43116805

Town centre development opportunity

Prominently positioned on a landmark corner site of approximately 1,678 m2, the complex commands attention in one of the town’s most notable locations. The buildings provide a substantial combined floor area of approximately 2,102 m2, each retaining its individual form, character and architectural appeal. Strengthening and extensive restoration are required, presenting an exciting opportunity for a visionary purchaser to revitalise these remarkable buildings and create a truly significant development.

This is an exceptionally rare opportunity to secure outright ownership of an iconic complex of classically designed heritage buildings. Dating from approximately 1900 to 1920, the buildings showcase distinctive Edwardian architecture, including Free Classical and picturesque Italianate influences. Historic names such as “Cobbler”, “Davenport Brothers” and “Abraham and Williams” reflect the rich history evident throughout these impressive structures.

Our clients are motivated and invite expressions of interest with an open mind. For sale by Tender closing 4.00pm, Friday 23 October 2026 (will not be sold prior).

Listing ID: 43120683

Prime Mount Corner Site

Positioned on a prime corner along one of Tauranga's busiest arterial routes on Hewletts Road, 2 Jean Batten Drive, Mount Maunganui presents a compelling opportunity for owner occupiers or investors. Held on a leasehold title, with a land/yard area of 1,441m², this well located site benefits from wide frontage, excellent visibility, and direct access via signalised lights, as well as a rear service lane, making it ideal for a broad range of industrial or automotive vehicle sales uses.

The property offers vacant possession, giving incoming purchasers full flexibility to occupy and configure the site to suit their specific operational requirements. There is already a substantial rental from the fixed sign onsite which could be further enhanced by a much larger Digital sign.

The prominent corner position ensures strong on-site exposure to passing traffic, adding further value for businesses seeking visibility along this key arterial route. Opportunities combining this level of affordability, location quality, and flexibility are genuinely scarce in today's Mount Maunganui market.

Contact Rob or Simon for further information.



Features:

• Land area: 1,441m²
• Additional service lane access
• Prime corner site with wide frontage
• Annual land rental $85,000 p.a + GST
• Vacant possession
• Signalised intersection access to Hewletts Road
• High profile location, Mount Maunganui
• Income from existing signage $28,500 + GST p.a
• Existing office and workshop

For Sale by Asking Price of $599,000 + GST (if any)

Listing ID: 43121227

Creating value in Auckland's CBD

• Rare value-add opportunity in Auckland’s mid-town
• 4,422sqm (approximately) over eight levels plus 60 basement car parks
• 78% occupied with $1.277m short-term net holding income
• Significant growth potential | Re-lease, convert or occupy

Situated on the southern edge of the Auckland CBD, 124 Vincent Street is a significant commercial building offering substantial upside potential through re-leasing, conversion, repositioning or owner-occupation.

Featuring generous, light-filled floor plates with sweeping urban views and a 70% NBS seismic rating, the building is exceptionally well located just a short walk from Sky City, the New Zealand International Convention Centre and the entertainment precinct around Aotea Square.

With an occupancy profile well suited to complete repositioning, the property benefits from a lease to Flight Centre across 7 levels to provide a substantial short-term holding income during the initial stages of planning for the future.

Ideally positioned mid-way between the Karanga-a-Hape and Te Waihorotiu CRL stations, this precinct of the CBD is well positioned for growth as the city flexes to accommodate a new era of connectivity.

Listing ID: 43125541

Affordable CBD Office | Elevated with Character

Positioned in Auckland’s CBD, 6/2 Emily Place comprises a recently refurbished full-floor office within a character commercial building.

Located well above ground level, the premises provide a quiet working environment with excellent natural light, harbour views and an inner-city outlook.

The 234m² (more or less) unit is offered with the option of vacant possession and two on-site car parks, presenting an affordable opportunity for owner-occupiers seeking their own CBD premises. The full-floor layout provides exclusive use of the level and flexibility to configure the space to suit a range of business requirements.

Emily Place is located just moments from Britomart, with convenient access to public transport, hospitality, retail and the wider CBD commercial precinct.

Recently refurbished and ready for immediate occupation, 6/2 Emily Place presents a practical and affordable opportunity to secure a full-floor office in a sought-after central Auckland location.

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

Sam Hyde-Smith
+64 27 476 5882
sam.hydesmith@colliers.com

Will Bason
+64 21 0837 9312
will.bason@colliers.com

Features:

• Elevated 234m² (more or less) full-floor office
• Northern aspect with harbour views and excellent natural light
• Modern and recently refurbished
• Modern refurbished accommodation
• Character commercial building
• Attractive seismic rating
• Potential for vacant possession
• Attractive entry-level CBD opportunity

More information: https://www.colliers.co.nz/p-NZL67042194

Listing ID: 43125628

Get Hooked on This Opportunity!

Expressions of Interest closing Wednesday 14 October 2026, 2.00pm. 

Strategically positioned on an iconic 909 m² site with commanding profile, 179 Main Highway presents a rare opportunity to secure a substantial commercial holding within an evolving Otaki precinct - a location benefiting from increasing investment, strong highway exposure and the town’s ongoing commercial and residential development.

The substantial 821 m² commercial building delivers an impressive combination of generous showroom and display areas, smart office accommodation, storage, well-appointed staff amenities and high spec security system - all wrapped up in a highly functional and practical layout.

The A-grade presentation and quality fit-out create an immediate point of difference, while the commercial town centre zoning provides genuine flexibility to adapt the property for a range of permitted commercial uses. Whether you’re looking to establish a flagship retail destination, relocate an existing operation, or secure a high-profile premises with room to grow, the possibilities here are substantial.

Join an established line-up of recognised operators including Macpac, Kathmandu, Harcourts, New World Supermarket, Mobil Service Station, Icebreaker and Wakefields Lawyers, creating a powerful commercial environment and strong customer draw along Ōtaki’s Main Highway.

For a business looking to make a statement, this is about more than finding premises - it’s about securing a position.

Our Vendors are inviting Expressions of Interest from purchasers or tenants ready to take advantage of this rare opportunity to secure a high-profile, immediately occupiable commercial property with the scale, flexibility and presence to take your business into its next level.

Get hooked and make this your next big catch! 

For more information or to arrange a viewing contact:

Jo Stewart on 027 641 1680 jo.stewart@colliers.com 

Dean Anderson on 021 244 2931 dean.anderson@colliers.com

*Please note all areas and values are approximate only.
 

Features:

• 909 m² High-Profile Site
• 821 m² A-Grade Commercial Building
• Flexible Town Centre Zoning
• Existing Infrastructure Benefits

More information: https://www.colliers.co.nz/p-NZL67042158

Listing ID: 43125673

Coastal Freehold Investment, Development Potential

NAI Harcourts is pleased to present a compelling freehold investment opportunity at 7 Tamariki Avenue, Orewa, available for sale by Deadline Private Treaty, closing at 4.00pm, 15th October 2026 (unless sold prior).

Positioned in the heart of Orewa, this 1,037 sqm (Approx.) freehold site combines a well-established commercial location with significant future development potential. The property benefits from strong foot traffic, ample on-site parking and proximity to an established business centre, while Orewa Beach is within easy walking distance.

The standalone three level building provides a substantial 869 sqm (Approx.) of building area, complemented by 21 car parks. Currently configured as a multi-tenanted investment, the property provides an established income profile alongside the potential for future value-add.

Adding further appeal is the approved Resource Consent for a 55-unit development, providing investors with a clear pathway to explore the site's longer-term development potential.

Investment Highlights:

• 1,037 sqm (Approx.) Freehold site
• 21 on-site car parks
• Zoned - Business Town Centre (27m height)
• Approved Resource Consent for 55-unit development
• Multi-Tenanted Investment
• 100% NBS Rating
• Central Orewa location

With a substantial existing building, established tenancies and an approved 55-unit development opportunity, 7 Tamariki Avenue offers a versatile investment proposition with both current income and future potential.

Contact the sold agents at NAI Harcourts today for further information and a copy of the Information Memorandum.

Listing ID: 43125682

Entry Level Industrial - Vacant Possession

Available for sale is an excellent opportunity to secure an entry level industrial unit within the Industry development.

Comprising approximately 65 sqm , the property is efficiently configured with a 46 sqm warehouse and 19 sqm mezzanine office. The warehouse benefits from a generous six-metre stud height, large roller door and three-phase power, while the mezzanine office enjoys a pleasant northerly outlook.

Offered for sale with vacant possession, this is an attractive opportunity for an owner-occupier looking to secure their own premises or an investor seeking an affordable addition to their portfolio.

Investment Highlights:

• Floor area: 65sqm (approx.)
• Three phase power
• Large roller door
• Convenient drive around acces
• Secure complex
• Vacant possession

For more information and an appointment to view this property, please contact the sole agents at NAI Harcourts Cooper & Co today.

Listing ID: 43125784

Vacant Bite-Sized Industrial Opportunity

Savills is pleased to present Unit 2, 6 Alloy Street for sale by Deadline Sale – closing at 4:00 pm on Friday, 9 October 2026 (unless sold prior).

This modern and well-presented industrial unit comprises approximately 146 sqm, including 48 sqm of high-stud warehouse and 98 sqm of office, showroom and facilities. The property also includes a container-height roller door and two on-site car parks.

The property is currently occupied on a short-term lease expiring on 8 December 2026, after which vacant possession will be available.

The versatile layout will appeal to owner-occupiers seeking affordable premises for their business, particularly tradespeople, service businesses and smaller warehouse operators. The balance of functional warehouse space and office/showroom accommodation allows a business to operate from one convenient location.

For entry-level investors, the property provides an accessible opportunity to enter the commercial and industrial property market. Its manageable size, versatile layout and convenient location should support ongoing demand from smaller businesses.


Key Features

• Approximately 146 sqm total floor area
• 48 sqm high-stud warehouse
• 98 sqm office, showroom and facilities
• Container-height roller door
• Two on-site car parks
• Vacant possession available following lease expiry
• Ideal owner-occupiers and tradespeople
• Affordable entry-level industrial investment
• Convenient access to Blenheim Road and major arterial routes
• Modern and tidy presentation

For more information or to arrange a viewing, contact the sole agent Kyle Aubrey on 027 225 3532.

Listing ID: 43125912

RARE FREEHOLD INVESTMENT - LIVE / WORK INCOME

Deadline sale: Closes on Tuesday 13 October 2026 at 2:00PM (unless sold prior)

A rare opportunity to secure a 354m² freehold property on Great South Road, ideally positioned near the sought-after Epsom and Remuera boundary.

Combining commercial and residential accommodation, established income, high-profile road frontage, a relocatable rear studio, and valuable freehold land, this versatile property offers investors the opportunity to secure a strategically located asset with long-term flexibility.

The main building is arranged over two levels, with Saba Salon currently occupying the ground floor commercial premises, while the first floor comprises a spacious three-bedroom residential apartment. The property also benefits from a relocatable studio positioned to the rear, adding further flexibility.

The current configuration provides the benefit of both commercial and residential accommodation. For investors, the property offers an opportunity to secure a freehold asset in a tightly held central Auckland location, with the existing tenancy providing income while allowing future strategies to be considered over time.

The substantial landholding, mixed-use configuration, and relocatable rear studio add further flexibility and long-term potential, subject to the existing lease, planning requirements, and any necessary consents.

Remuera train station, local cafés, fitness facilities, and everyday amenities are close by, with Newmarket, Mt Eden, and major motorway routes readily accessible.

KEY FEATURES:

• 354m² freehold site
• High-profile Great South Road frontage
• Reception, partitioned areas, lunchroom, and amenities
• Spacious three-bedroom residential apartment upstairs
• Private, sheltered rear garden with mature tree canopy
• Relocatable rear studio
• Dedicated on-site parking
• Established income
• Auckland Grammar School and Epsom Girls Grammar School zone
• Proximity to Remuera train station and local amenities

Opportunities combining freehold land, holding income, mixed-use accommodation, a relocatable studio, and a prime central Auckland location are increasingly difficult to secure. Enquire today for further information or to arrange an inspection.

Listing ID: 43126013

East Coast Corporate FHGC Motel

Hospital location. Strong accommodation demand. Proven business. Freehold corner section/flat land 2,093sqm (more or less). This motel presents a compelling East Coast investment opportunity.

This is the prime opportunity to own a consistent high performer, with outstanding guest reviews, soaring occupancy and very inviting net profits.

Positioned directly opposite Gisborne Hospital and just five minutes from the CBD, the motel is a proven accommodation business with a strategic location that provides a consistent mix of hospital-related, corporate and tourism demand, creating year-round occupancy appeal.

Set within a peaceful garden environment, the motel offers a range of 13 spacious self-contained units with modern guest amenities, ample parking and easy access to shopping, dining, the airport and Gisborne's renowned beaches.

Combining freehold ownership with an established accommodation operation, this is an outstanding opportunity to secure a lifestyle investment backed by a highly strategic location and diverse guest market.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same. Any boundary lines shown on an image are indicative only.

An Information Memorandum is available to download from our website coffeys.co.nz.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.

We would welcome your enquiry via this website or direct to CHRIS D'ANVERS on 09 281 0265.

Listing ID: 43126056

Home Above. Workshop Below. Flexible Opportunity.

Deadline Sale closing 2pm, Tuesday 29 September 2026 (unless sold prior)

Positioned in the established Annesbrook commercial precinct, 4/20 Forests Road combines approximately 79sqm of ground-floor workshop, garaging and storage with approximately 82sqm of residential accommodation above, providing approximately 161sqm across two levels.

The ground floor has been configured to maximise utility and adaptability. With roller-door access, a separate pedestrian entry, a painted concrete floor, a kitchenette, and a toilet, it is well suited to a business base, studio, workshop, storage, or compatible service-based operation, subject to any required consents. It also provides substantial garaging and storage for vehicles, bikes, tools, equipment, a boat or recreational gear. Two dedicated car parks are positioned directly outside.

Upstairs, the comprehensively refreshed residential accommodation comprises one bedroom plus a substantial additional room, identified as "store" on the approved plan. The accommodation also includes a contemporary kitchen and bathroom, generous living and dining areas, a heat pump, extensive glazing and skylights providing excellent natural light.

The commercial and residential areas are clearly defined, with separate entrances serving the ground and upper levels.

For an owner-operator, the configuration provides the opportunity to establish a business downstairs and live conveniently above. Alternatively, the residential accommodation could potentially provide staff accommodation or rental income, while the ground floor may suit occupation or separate leasing. Any proposed use or letting arrangement remains subject to the purchaser satisfying themselves as to all necessary approvals and requirements.

The property may also appeal to buyers seeking substantial garaging and workshop capability alongside modern, self-contained accommodation, or investors considering potential commercial and residential income within one holding.

Conveniently located near Nelson Airport, Tāhunanui, SH6, and the wider Nelson-Tasman transport network, 4/20 Forests Road offers a combination of commercial utility and residential flexibility that is difficult to replicate.

Property highlights

• Approximately 161sqm total floor area
• Approximately 79sqm ground-floor workshop, garaging and storage
• Painted concrete floor, roller-door access and separate pedestrian entry
• Ground-floor kitchenette and toilet
• Approximately 82sqm of refreshed residential accommodation above
• One bedroom plus a substantial additional room, for office or 2nd living
• Contemporary kitchen and bathroom, heat pump and excellent natural light
• Separate entrances serving the ground and upper levels
• Two dedicated car parks
• Unit Title within an established body corporate development
• CCC application lodged and pending
• Close to Nelson Airport, Tāhunanui and SH6

The purchase price will be plus GST (if any).

As the property incorporates both commercial and residential use, the GST treatment of the transaction and any future rental income may vary depending on the purchaser's circumstances and intended use. Purchasers are advised to seek independent accounting and legal advice.

Listing ID: 43126189

Calling All Developers - Potential Plus

Bring the builder along and redevelop the whole site or run this lucrative motel with two neighbouring properties and land bank for the future.

This sale includes a profitable East Coast FHGC motel opposite Gisborne Hospital, just five minutes from the CBD, on a 2,093sqm (more or less) corner site with two access points. Also included are two neighbouring fee simple homes: a 4-bedroom, 2-bathroom 190sqm home on approx. 709sqm at 390 Ormond Road, and a 3-bedroom, 2-bathroom 130sqm home on approx. 709sqm at 388 Ormond Road. Together, the 3,511sqm (more or less) site offers a rare development opportunity with significant existing income.

Offering 13 spacious self-contained units with 4-bedroom owners' residence, plus the two neighbouring 3- & 4-bedroom homes, modern amenities, & easy access to shopping, dining, the airport and Gisborne's renowned beaches, it is a consistent high performer, with outstanding guest reviews, and very inviting net profits, providing a consistent mix of hospital-related, corporate and tourism demand, creating year-round occupancy appeal.

For developers, the key question is not simply what exists today, but what this strategically located, sizeable land could become.

Act now to secure this land bank for immediate income & future potential!

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same. Any boundary lines shown on an image are indicative only.
An Information Memorandum is available to download from our website coffeys.co.nz.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.

We would welcome your enquiry via this website or direct to CHRIS D'ANVERS 09 281 0265.