Commercial property for sale

Listing ID: 43073616

Brand-new industrial lots selling now

Introducing Northlink Industrial Park, a premium 10-lot Light Industrial subdivision in Wellsford, a growing hub just 50 minutes north of Auckland's CBD.

Eight freehold sites remain, with flexible section sizes from 2,600sqm to 10,000sqm (more or less). Zoned Light Industry, the lots support a wide range of uses including warehousing, storage, logistics, light manufacturing, and more.

Earthworks are now complete and titles have been issued. Whether you're looking to purchase land, lease, or secure a design-build package tailored to your operational needs, Northlink offers the flexibility to suit.

Located on the fringe of Wellsford township and close to retail, service, and food and beverage amenities, the park combines strategic positioning with practical, well-connected industrial land.

Zoned industrial land is increasingly scarce in North Auckland, reinforcing the significance of this opportunity.

Contact the sole agents now for further information.

Listing ID: 43098935

Split-risk, Town Centre, potential galore

Key features:

• Freehold main-road landholding within the Roselands Shopping Centre
• 644sqm (approximately) of retail and office accommodation across two buildings
• 809sqm (more or less) freehold site
• Split-risk income across two buildings and five tenancies
• Passing income approximately net $103,500pa + GST
• Net potential income approximately $127,500pa + GST
• Business – Metropolitan Centre zoning

A rare opportunity to secure a freehold retail and office investment in one of Papakura's best-established commercial locations. Positioned within the Woolworths-anchored Roselands Shopping Centre, this prominent Great South Road property delivers diversified income across five tenancies, with genuine leasing upside and longer-term redevelopment potential under Metropolitan Centre zoning.

Sitting on one of South Auckland's busiest arterial routes, the property benefits from strong passing traffic, established neighbouring retailers and easy access to Papakura Town Centre, the train station and State Highway 1. Well suited to investors seeking secure holding income with active management potential, and to owner-occupiers wanting space in a proven retail location.

The property comprises two buildings on a 809sqm (more or less) freehold site, with 644sqm (approximately) of retail and office accommodation. One of the rear units has recently been leased, lifting passing income to approximately net $103,500pa + GST. With the remaining rear unit to be leased, net potential income is approximately $127,500pa + GST.

Listing ID: 43127997

Ossies ski apartments

Seize this attractive land, buildings, and business ideally located in Ohakune. The current family run business commonly known as "Ossies" as been a main stay of the Ruapehu accommodation landscape for the past 30 years. Upon acquiring the business, the new buyer will have great opportunity to get this property running at its full potential and build on the existing goodwill it already possesses. Alternative options lie in developing the large property site and even subdividing and reselling (council permitting) or turning some of the property into long term rentals and helping take advantage of the both short- and long-term accommodation demand of Ohakune.
Property and Business Highlights;

• 4671sqm site on multiple titles.
• Repeat customer base, leisure & corporate.
• Four large 5-bedroom stand-alone chalets perfect for larger groups or longer-term rentals.
• Six 2 bedroom stand-alone chalets with mountain and stream views.
• Four 1 bedroom units perfect for short term accommodation.
• An existing ski hire business.
• Panoramic views of Mt Ruapehu.
• Walking distance to Ohakune attractions, restaurants and cafes.
• Off street parking.

After a few lighter years the area is looking positive again and Ohakune and Tongariro World Heritage National Park is a key tourist destination and attracts consistent domestic and international tourist visitors. From Tongariro Crossing to all winter and summer outdoor attractions, this area is famed for all it offers. Capitalise on the region's popularity and step into a business with a proven track record and untapped potential!

Listing ID: 43129228

Affordable Modern Industrial Asset

6 Cleveland Close, Fairfield, Dunedin, presents an outstanding opportunity to secure a modern industrial investment within the sought-after Chadwick Industrial Estate. Constructed in approximately 2018/19, the property offers a versatile combination of warehouse, office, and storage accommodation, underpinned by a leaseback arrangement to the current owners, providing investors with immediate income security.

Positioned within one of Dunedin's well-established industrial precincts, the property benefits from easy accessibility to both the northern and southern State Highway 1 motorway interchanges, providing efficient connectivity throughout Dunedin and the wider Otago region.

The improvements comprise a modern tilt slab industrial unit incorporating warehouse accommodation, and ground floor offices and amenities. The building has been finished to a high standard and includes high-stud warehouse space, roller door access, double glazing, and amenities.

Modern industrial assets of this calibre and price point are increasingly difficult to secure within the local market. Combining quality construction, an accessible industrial location, strong functionality, and secure leaseback income, 6 Cleveland Close represents a compelling opportunity for investors seeking a passive investment with long-term appeal.

Highlights:

• Site area of 255m² (more or less)
• Freehold tenure
• 2GP Zoned Industrial
• Annual rental of $40,000pa plus GST and outgoings
• New lease to be entered with multiple renewals
• Modern industrial unit
• Affordable price point

The property is offered for sale at an asking price of $599,000 plus GST (if any).

Contact the nominated broker for more information or to view.

Listing ID: 43129246

A high-profile site with untapped potential

For Sale by way of Tender (unless sold prior), closing 3pm, Fri 30 Oct 2026, Bayleys, 243 Broadway Avenue, Palmerston North.

A 1,052sqm (more or less) corner-profile site on Palmerston North’s inner-city ring road, approximately 500 meters from the CBD. Offering excellent exposure, vacant possession and outer business zoning, the property provides flexibility for owner-occupiers, add value investors and developers (subject to council consent). The site features two standalone buildings totalling a floorplate of approximately 403sqm. With a flat, regular site, the property offers strong long-term redevelopment potential.

Key attributes:

• 1,052sqm (more or less) flat, regular site
• 403sqm (more or less) existing buildings
• Vacant possession
• High-exposure fringe-CBD location
• Outer Business zoning
• Strong redevelopment potential

A high-profile commercial site offering immediate use with significant future potential.

Listing ID: 43129351

Versatile East Tamaki industrial opportunity

· Approximately 382sqm industrial unit in a well-established East Tamaki location
· Functional layout with front roller door access
· Seven exclusive car parks
· Vacant Possession
· Ideal for owner-occupiers, investors or growing businesses

This well-positioned industrial property offers approximately 382sqm of versatile space within one of Auckland’s most established industrial precincts.

The property provides a practical configuration suitable for a broad range of industrial, trade, storage and service-based occupiers. Front roller door access allows for convenient vehicle movement and loading, while seven dedicated car parks add valuable on-site convenience for staff and customers.

East Tamaki remains a highly sought-after industrial location, benefiting from excellent access to State Highway 1, State Highway 20, Highbrook Business Park, Botany and the wider South and East Auckland commercial catchment.
With a strong combination of location, functionality and parking, this property presents an attractive opportunity for owner-occupiers, investors or businesses seeking a practical base in a proven industrial precinct.

Listing ID: 43129376

Strategic position adjacent Henderson station

• Freehold development site of 1,224 sqm
• Central position and near the Auckland Film Studio complex
• Development options favour a multi-level carpark or a BTR style project
• Henderson train station within a one-minute walk

This is a rare, strategically positioned development site in the heart of Henderson Central. Situated immediately adjacent to Auckland Council's Te Puna Creative Hub, opposite Laidlaw College, and close to the Auckland Film Studio complex, the site benefits from an exceptional location - just one minute's walk from Henderson Station, West City Mall and is one of the closest development sites available.
The existing warehouse, office and storage building dates from the mid-1950s and, while in fair condition, adds little to the site's overall value. With the lease running through to October 2027, the highest and best use is redevelopment. Concept plans have already been prepared for a boutique five-level Build-to-Rent (BTR) residential project, offering a head start for developers. Alternative options - including on-grade or multi-level carparking - should also be considered, giving buyers flexibility to shape a project around market demand. The Business - Metropolitan Centre zoning further supports this flexibility, allowing for a wide range of residential, commercial, community and light industrial uses.

Listing ID: 43129455

CBD retail seriously for sale or lease

• Two ground floor units - retail or office
• Unbeatable exposure - prime corner position
• CRL convenience - close to Queen Street, Sky Tower and CRL
• Blank canvas - restored heritage charm, modern
• Flexible layout - buy one or secure both

In a CBD dominated by concrete boxes, cute character spaces on a prime corner site are almost extinct! Unit one is to be a pizzeria, and the vendor has given clear instructions: SELL the remaining two units.
Consisting of 62sqm and 92sqm (approximately), high-stud, concrete floors, and a massive profile, they are well positioned with the Ramada Hotel Suites and a range of hospitality options nearby. This is an area poised for long-term growth, with large development underway in this rapidly developing commercial hub. The units benefit from easy connectivity to motorways and public transport, including the new CRL station, which is a short stroll away.
Don't miss this standout opportunity, ideal for owner-occupiers or add-value investors or tenants. City centre zoning allows a broad mix of uses and there is parking available.

Call today to arrange an inspection.

Listing ID: 43129500

Scarce Devonport opportunity

• Rare 1,535sqm freehold commercial landholding on the periphery of Devonport Village, suitable for a range of potential uses.
• One of the only Light Industrial zoned sites in this locality
• Scope to retain, adapt and utilise the existing building

Positioned on the periphery of Devonport Village, 25 Lake Road presents a scarce opportunity to secure a substantial freehold landholding in one of the North Shore's most tightly held locations.

The property benefits from significant frontage to Lake Road, excellent profile and multiple access points, providing a high degree of flexibility. The existing building provides the opportunity to occupy, adapt or reposition the property to suit a range of users or vacant possession provides flexibility for more comprehensive redevelopment plans.

The scale and flexibility of the site will appeal to a range of occupiers and users that are rarely able to be accommodated in Devonport, given the scarcity of larger commercial landholdings and the absence of the heritage constraints that affect much of the surrounding area.

Listing ID: 43129553

Lakefront development opportunity – RC granted

• Development opportunity resource, consented for 16 three-bedroom apartments
• Three freehold properties measuring a combined 3,027sqm (more or less)
• Zoned Residential High Density under the Queenstown Lakes District Plan
• Prime lakefront position on Frankton Road next to The Rees Hotel and Lakeside Residences
• Extensive design, consent and bulk-and-location material available

Introducing 409, 411 & 415 Frankton Road, a resource-consented development opportunity in a prime lakefront position within walking distance to central Queenstown.

This fee simple landholding measures a combined 3,027sqm (more or less) across three contiguous freehold titles, underpinned by Residential High-Density zoning.

Resource Consent was granted in 2025 to develop a comprehensive terraced apartment complex providing purchasers with clear development certainty.

Extensive professional reporting is available, including building plans, geotechnical, surveying, infrastructure, transport and urban design.

This is an exceptional development opportunity without planning risk in a highly sought-after Queenstown location.

For Sale by Deadline Private Treaty (unless sold prior), closing on Wednesday, 21 October 2026. at 4pm.

Henry Napier
+62 21 024 64 785
henry.napier@bayleys.co.nz

William Gubb
+64 21 145 6811
william.gubb@bayleys.co.nz

Listing ID: 43129561

The Granary-Commercial, Industrial & Storage Units

The Granary is a high-quality new development at 30-32 McCormick Street, Wānaka, comprising 14 modern commercial/industrial units and 9 purpose-built storage units.

The larger commercial units offer generous floor areas and flexibility for a wide range of businesses, with each unit featuring its own ablution and kitchenette facilities. The available units range from 89m² to 195m², with potential for mezzanine options and each incorporating a large roller door for convenient vehicle access.
These larger-format units are well suited to warehousing, trade, showroom, workshop, office and mixed-use requirements, providing occupiers with the flexibility to configure the space to suit their needs.
The centrally located storage units range from 34m² to 52m² and feature large 3.5m-high vehicle doors, making them ideal for storing vehicles, boats, caravans, recreational equipment, business stock and general storage.

Property Highlights

Commercial / Industrial Units
• Available units from 89m² to 195m²
• Larger units with mezzanine potential
• Large roller doors for easy vehicle access and approximately 6.2m stud height
• Ablution and kitchenette facilities
• Suitable for warehouse, trade, showroom, workshop and office uses
• Allocated car parking

Storage Units
• 9 purpose-built storage units
• Sizes from 34m² to 52m²
• Large 3.5m-high vehicle doors and approximately 4.2m stud height
• Ideal for vehicles, boats, caravans and recreational equipment
• Excellent vehicle access and circulation
• Secure, low-maintenance storage

Development Features
• Internal dual-access ring road
• Excellent vehicle circulation
• Quality, low-maintenance construction
• Flexible accommodation for owner-occupiers and investors
• Convenient Wānaka location

A quality and flexible commercial opportunity in one of Wānaka's most sought-after locations.

Pricing from $270,000 + GST.

Contact Geoff McElrea or Tom Jarrold to access the online data room for further information.

Listing ID: 43129694

Six Homes. Six Income Streams. One Investment.

RWC Auckland is pleased to present a rare bulk investment opportunity at 50A-F Spring Street, Onehunga, comprising six modern townhouse dwellings being offered as one bulk deal and sold in one line.

The portfolio provides investors with an established and consistent rental income stream, allowing the purchaser to secure an income producing asset from day one while acquiring six residential dwellings within a single transaction.

Currently generating $3,910 per week in gross rental income, the portfolio provides a combined annual rental income of approximately $203,320, with individual rents ranging from $630 to $680 per week.

At approximately three years old, the properties offer a significant point of difference to many traditional investment blocks brought to market in one line. Completed in March 2023 by Ashcroft Homes, the relatively recent construction provides modern specifications, strong building longevity and a lower anticipated maintenance profile compared with older residential investment stock.

Adding further flexibility, each dwelling is held on a separate freehold title. While being acquired together as one bulk deal, the individual titles provide the purchaser with multiple options over the long term, whether that means retaining the entire portfolio for rental income or potentially selling individual dwellings in the future to release capital, subject to market conditions and applicable requirements.

Each townhouse comprises two bedrooms, two bathrooms, open-plan living, off-street parking and a private fenced rear garden. Modern features include double glazing, heat pumps, Bosch kitchen appliances and engineered stone benchtops, while there is also no body corporate.

The location further strengthens the investment proposition, with Onehunga offering excellent connectivity to public transport, major arterial routes, motorway access, employment hubs and a wide range of established local amenities. The properties are approximately 600m from Onehunga Town Centre, 700-800m from Onehunga Train Station and within 5km of State Highway 20 and State Highway 1.

Bulk investment opportunities of this nature are extremely difficult to find. Investors are often faced with older housing stock when purchasing residential portfolios in one line, where maintenance, refurbishment and future capital expenditure can materially affect the overall return. 50A-F Spring Street provides an opportunity to acquire a modern six-dwelling portfolio, established rental income and separate freehold titles within one transaction.

Key Features

• Six modern townhouse dwellings offered as one bulk deal and sold in one line
• $3,910 per week / approximately $203,320 per annum gross rental income
• Individual rents ranging from $630-$680 per week
• Approximately three years old, completed March 2023
• Six separate freehold titles providing future flexibility
• Modern construction with strong building longevity
• Lower anticipated maintenance and capital expenditure compared with older investment stock
• No body corporate
• Established Onehunga location with strong tenant appeal
• Excellent access to public transport, motorway connections, arterial routes and employment hubs
• Rare opportunity to secure a modern residential investment portfolio at scale

50A-F Spring Street represents an opportunity to acquire a modern, income producing residential bulk deal with the flexibility of six separate titles and the potential to provide both immediate rental income and future capital flexibility.

Rental information and further investment details available upon request.

50A-F Spring Street, is being offered for sale by Deadline Private Treaty closing at 3pm on Thursday 15th October 2026, with all offers to be submitted in writing by the closing date (unless sold prior).

For further information or to arrange an inspection, contact Tristan Swart (021 175 8451), Lottie Smith (022 643 3547) or Matthew Warden (022 044 7908).

Listing ID: 43129923

Owner-occupier office opportunity in Rosedale

Positioned within an established commercial precinct in Rosedale, 8B/9-11 Tait Place presents a practical owner-occupier opportunity with vacant possession and a fully furnished office ready for immediate occupation.

The property comprises approximately 168sqm across two levels, providing a functional mix of open-plan office accommodation and a tidy boardroom positioned on the upper level overlooking the main ground floor workspace. The layout provides a practical working environment with flexibility for a range of businesses. The premises includes exclusive amenities, a kitchenette, toilet facilities and a dedicated rear data/service room. Four allocated car parks provide convenient on-site parking for staff and visitors.

Having been occupied by the current owners since its construction in the late 1990s, the property is now being offered to the market with vacant possession. The existing furniture is included, allowing an incoming owner to move straight in with minimal setup required.

Tait Place is conveniently positioned within Rosedale, providing easy access to Constellation Drive, Albany Expressway and the wider North Shore motorway network. The surrounding precinct is well established, with a mix of commercial, industrial and office occupiers.

Listing ID: 43129933

Road-front exposure, generous parking and profile

Key features:

• 151sqm (approximately) office accommodation
• Nine (9) allocated on-site car parks
• Bright, sunlit office spaces
• Generous staff amenities
• Road-front position with excellent signage potential
• For sale or lease with vacant possession

N/138 Harris Road offers a rare combination of quality office accommodation, excellent parking and strong street presence in the established East Tamaki commercial precinct.

The approximately 151sqm office provides a bright and comfortable working environment, with generous amenities and a practical layout suited to a variety of professional and service-based businesses.

With nine (9) allocated car parks, the property provides an excellent level of parking for its size, making it particularly well suited to businesses where staff and client accessibility is important. The road-front position also creates an opportunity for prominent signage and a strong business presence.

Available for sale or lease with vacant possession, the property offers flexibility for an owner-occupier wanting to secure their own premises or a tenant looking for a well-positioned office in East Tamaki.

Conveniently located on Harris Road, the property provides easy access to the wider East Tamaki commercial precinct and key surrounding arterial routes.

N/138 Harris Road is a compelling opportunity for those seeking a well-presented office with excellent parking, visibility and flexibility in a tightly held commercial location.

For further information or to arrange an inspection, please contact the sole agents below:

Geoff Wyatt
021 982 322
geoff.wyatt@bayleys.co.nz

Kolby Davis
027 518 0644
kolby.davis@bayleys.co.nz

Listing ID: 43130031

Tenanted Investment – Food Grade Industrial

For sale with a brand new lease, Units 3–4, 10 Olive Road presents a functional investment in the heart of Penrose’s established industrial precinct.
The property is setup with a food-grade fit-out and offers a range of features suited to the tenant’s operational requirements, including a substantial 160-amp three-phase power supply, seven allocated car parks, container drop capability, and convenient drive-around access throughout the site.

With a high warehouse-to-office ratio, the property maximises usable floor space and provides an efficient layout for industrial and distribution operations.

The investment is underpinned by a brand new lease, with annual CPI rental increases and market rent reviews dates. The well-established tenant already operates from another premises on Cain Road and will utilise this site at Olive Road as its second Penrose location and distribution centre, providing a strong operational fit for the property.

Key features:
• Brand new lease
• Annual rental increases
• Market rent review on renewal
• Fully food-grade fit-out
• Floor Area: 264m²
• 160-amp three-phase power
• Seven allocated car parks
• Container drop capability
• Drive-around access
• High warehouse-to-office ratio
• Established tenant with existing Penrose operation

Penrose presents an attractive opportunity for industrial property investment, combining strategic location, diverse property options, and convenient amenities to support the needs of businesses seeking growth and success in Auckland's dynamic market

Contact the listing agents today to arrange a viewing! We have multiple properties for sale so please don’t hesitate to contact us with your requirements.

Zach Callesen
021 168 2842
mailto:zach.callesen@savills.co.nz

Ben Spence
021 125 6991
mailto:ben.spence@savills.co.nz

Listing ID: 43130039

Prime exposure - warehouse, office and yard

A rare chance to secure a high-profile industrial property on one of Nelson's busiest arterial routes, with the exposure, functionality and land area to serve an owner-occupier well for years to come.

The ground floor offers a generous high-stud warehouse with easy access, plus a welcoming reception area, with a dedicated office upstairs for team operations. A rear yard adds practical space for storage, deliveries or staff parking.

Sitting on 1,430sqm (approx) of land with strong main road frontage, the property presents genuine long-term appeal - whether you're buying to occupy, to lease out, or to hold with future potential in mind.

Key features:

• 919sqm (approx) total floor area
• 1,430sqm (approx) land area
• 1,430sqm (approx) freehold site
• High-profile main road frontage with excellent signage opportunities
• High stud warehouse, reception, and small upstairs office layout
• Rear yard for storage, deliveries or parking
• Vacant possession available or continue with the tenant's lease until January 2027

Asking Price NZ$2,050,000 + GST (if any)

Opportunities with this level of profile on Tahunanui Drive are tightly held - contact us today to arrange an inspection.

Listing ID: 43130044

Prime CBD mixed-use investment with 33 carparks.

Positioned on a high-profile site in the heart of Dunedin’s Edinburgh Way, the Carrington Building presents a compelling combination of location, scale, diversified income and long-term potential.

Occupying a significant 1,756sqm (more or less) freehold landholding, this character property has been part of Dunedin’s central-city landscape for approximately 140 years and is being offered to the market for the first time in nearly a century of Carrington family ownership. The building was once home to the family business, Oxley Prams, adding a meaningful connection to its longstanding Dunedin history.

Throughout its long ownership, the property has been well maintained, with ongoing improvements and modern upgrades undertaken across both the residential apartments and commercial tenancies. Some structural strengthening work has also been undertaken at ground-floor level between three of the George Street units.

The property comprises approximately 1,040sqm of floor area, with four ground-floor retail tenancies establishing a strong commercial presence and seven residential apartments above providing an additional and complementary income stream.
Together, the commercial and residential tenancies currently return $301,003 per annum + GST where applicable, offering immediate cash flow with the benefit of income spread across multiple occupiers.

A particularly valuable feature for a central-city holding of this scale is the extensive on-site parking. A large parking area to the rear provides 33 car parks with direct access from Cambria Place, a significant advantage within the CBD and an important attribute for both current and future use.

The property occupies a prominent position within Dunedin’s central retail precinct, benefiting from strong pedestrian activity and excellent connectivity to the city’s main arterial routes. The University of Otago, central-city amenities and the new Dunedin Hospital precinct are all within easy reach, further underpinning the strength of the location.

Zoned Central Business District, the site provides for a broad range of uses, including residential, with a prescribed maximum building height of 16 metres. Combined with the scale of the landholding, substantial car parking and existing improvements, this provides an additional layer of long-term flexibility.

With diversified commercial and residential income, a sizeable freehold landholding and a prominent central-city position, the Carrington Building represents an opportunity to secure a significant CBD asset with a tangible connection to Dunedin’s past and strong fundamentals for its future.

Property details:

• Land area: 1,756sqm (more or less)
• Floor area: 1,040sqm (approximately)
• Car parks: 33
• Zoning: Central Business District
• Current return: $301,003 pa + GST where applicable

Full tenancy details are available on request.

Listing ID: 43130066

Central Hawke's Bay landmark

A rare chance to secure one of Waipukurau’s most distinguished commercial buildings — the iconic Public Trust premises, designed by Stanley Fearn and completed in 1924.

Centrally positioned in the town centre on the sunny side of the street, this commanding property reflects its Greek-Roman architectural influence through the impressive Grecian columns anchoring the main entrance.

The building’s substantial construction is underscored by an outstanding 126% NBS rating (2018), with original character features retained throughout, including the marble foyer, detailed timber joinery, French doors, and both the main vault and secondary safe room.

The ground floor provides two front offices, reception, semi-open plan workspace, staff room and amenities, while the upper level can operate independently - ideal for multi-use or split-tenancy occupation.

Bring your vision and unlock the value of this landmark asset. Offered with vacant possession.

Listing ID: 43130094

Immaculate Industrial Investment | Kaikorai Valley

603 Kaikorai Valley Road presents a premier opportunity to acquire a newly completed, A-Grade freehold industrial asset. Set on a substantial 1.6334-ha site, the property features a modern 304 sqm facility completed in 2025.
Leased to Southpac Trucks Limited, one of New Zealand’s leading commercial vehicle distributors with 10 branches nationwide, the property delivers a dependable income stream returning $75,000 pa + GST & OPEX. The initial five-year lease features market rent review provisions, providing steady long-term growth potential.

Key Features:

• Strong Covenant: Fully leased to an established nationwide brand
• Substantial Site: 1.6334 ha freehold land holding offering operational flexibility and future upside
• Modern Build: High-quality 2025 construction with low upcoming Capex
• Functional Layout: Dual-access warehouse entry, heavy-duty concrete yard, wide street frontage, and dedicated customer parking
• Prime Location: Situated in a high-exposure, tightly held commercial precinct

Combining modern infrastructure, high-profile presentation, and a secure tenant profile, 603 Kaikorai Valley Road is a compelling addition to any commercial portfolio.

Contact Muir Gold at Bayleys today for further details or to arrange an inspection.

Listing ID: 43130112

Commercial Property Investment/s

• 17 years Government Occupation / New 30 year lease for Nationwide company

• Subdivision Approved / Services In

• Low risk mixed tenancy current combined net income $165,000 pa plus GST and OPEX.

Features:

1/ SHW 1 with 19.7m of road frontage - Liquid Laundromat returning 6.76% return 30 year lease

2/ Upstairs 2brd apartment sea and mountain views consistently let since 2008

3/ Downstairs 4 unit accommodation with all mod cons fully furnished returning $52k per annum plus costs

4/ Rear of the property Ministry of Primary Industries refurbished villar separate entrance with 5.33% return

5/ Commercial dive pool (under construction)

6/ Property Manager Available at competitive rates

7/ Vendors Terms Available (potential for late settlement)

This is a great opportunity to secure one or two muti tenanted properties with an significant upside with Kaikoura’s only and biggest dive pool being constructed.