Commercial property for sale

Listing ID: 43115438

LONG-TERM HOSPITALITY TENANT

Deadline sale: Closes on Thursday 24 September 2026 at 4:00PM (unless sold prior)

This freehold unit is fitted for a fully licensed hospitality restaurant and is located on the ground floor in the centre of Chancery Square.

It features three access points from Chancery Street, Courthouse Lane, Bacons Lane, and Kitchener Street. The location benefits from high foot traffic from High Street and Queen Street, and is within easy reach of The University of Auckland.

The current tenant has been operating their business from this location since 2019. The lease was recently renewed for a six-year term starting 1 July 2025, and will expire on 30 June 2031 with no further rights of renewal. The lease provides a personal guarantee in addition to a $120,000 bank guarantee. This presents an excellent opportunity for an investor seeking a secure, long-term investment with future owner-occupier potential.

For sale is Unit C103 and Accessory Unit 5. The property has a floor area of approximately 102.7m² and features a main retail restaurant equipped with a commercial kitchen and a private toilet, along with a covered seating area of approximately 53m². There is a common shared toilet amenity within Chancery Square.

• Total lettable area approximately 156m²
• Current term expiry 30 June 2031 with no further rights of renewal
• Current annual rental is $163,200 net + GST

For more information or to arrange a viewing, please contact the listing agent.

Listing ID: 43115676

Mortgagee Sale: Add-Value Opportunity

CBRE (Agency) Limited presents to the market 141 The Terrace, Wellington Central instructed by the mortgagee. This is an exceptional opportunity to acquire a 17-level office tower situated above a two-storey retail podium in Wellington’s CBD core. With dual access from both The Terrace and Lambton Quay, this property benefits from its proximity to the Golden Mile which is Wellington’s premier retail precinct.

The property comprises a Net Lettable Area (NLA) of some 8,825sqm on a shared interest site of 1,726sqm (more or less). Level 15 has recently been refurbished and the upper levels enjoy abundant natural light and stunning harbour views. This asset offers a unique opportunity to refurbish and reposition, driving an opportunity for enhanced income and capital appreciation.

Investment highlights include:

• 17-level CBD Office Tower
• Net Lettable Area: 8,825sqm (approx.)
• Gross holding income: $1,582,264pa + GST (approx.)
• Excellent natural light and outlook from upper floors
• 550sqm (approx.) floors
• Stratum in Freehold
• City Centre Zone

This is a great opportunity to acquire a prominent office tower located in the heart of Wellington’s CBD, offering significant upside and value-add potential. Accordingly, CBRE strongly recommends your early consideration of this investment opportunity and encourages interested parties to get in touch without delay.

The property is being offered for sale by Deadline Private Treaty closing 4pm on Thursday 8 October 2026. All enquiries, including arrangements for inspections, should be directed to one of the nominated exclusive CBRE brokers.

Listing ID: 43115698

Historical 5,572m² Urban Development Site

SOLE AGENCY

For Sale by Expressions of Interest, closing 4pm, Wednesday, 30 September 2026 (unless sold prior)

Colliers is pleased to exclusively present 280 Botany Road, Golflands, a rare opportunity to acquire a substantial 5,572m² (more or less) freehold development site within one of East Auckland's most established and highly sought-after residential catchments.

Created through the approved subdivision of the historic Hawthorn Dene estate, the property comprises a predominantly flat development site zoned Residential Mixed Housing Urban, providing flexibility across a range of residential development outcomes subject to the relevant approvals.

A standout feature of the offering is its unique heritage setting. The site adjoins the renowned Hawthorn Dene estate, with established heritage hawthorn hedges forming a natural separation from the historic cricket field and wider grounds. This creates an attractive and distinctive environment seldom available within Auckland's urban development market.

The property benefits from vehicle access via Amberwood Drive together with dedicated pedestrian connectivity to Botany Road, providing convenient access to public transport, local amenities and the nearby Golflands retail precinct. The wider location offers excellent access to Botany Town Centre, Howick Village, Highbrook Business Park, quality schooling and a broad range of recreational amenities.

Combining scale, zoning certainty, approved subdivision status and a genuinely distinctive setting, 280 Botany Road presents a compelling opportunity for developers, land bankers and strategic investors seeking to secure a development-ready site within a proven East Auckland growth location.

Property Highlights

• 5,572m² freehold development site (more or less)
• Residential Mixed Housing Urban zoning
• Approved subdivision with new title expected upon completion of final separation works
• Flat and efficient development platform
• Unique heritage setting adjoining the Hawthorn Dene estate
• Established heritage hawthorn hedges providing a landscaped boundary
• Vehicle access via Amberwood Drive and dedicated pedestrian access to Botany Road
• Prime Golflands location close to Botany Town Centre, Howick Village and Highbrook Business Park
• Development-ready opportunity within an established residential catchment

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

Josh Coburn                    021 990 691

Harry Cooper                   021 885 504

More information: https://www.colliers.co.nz/p-NZL67041810

Listing ID: 43115766

High Profile Freehold Site

JLL are pleased to exclusively offer 733-735 Great South Road, Penrose for sale by Deadline Private Treaty, closing 4pm Thursday 24th September 2026 (unless sold prior).

Look no further, here is a rare opportunity to acquire a standalone property in one of the most highly sort-after central industrial precincts. This impressive freehold land parcel measures 2,230sqm, zoned for Business Heavy Industry, making it a highly sought-after property in the popular Penrose industrial precinct. Situated on the famous Great South Road, it benefits from huge exposure with circa 30,000 cars passing daily. Location allows super convenient access to major arterial routes and motorway systems.

This well-maintained property features an impressive 39-meter-wide frontage onto Great South Road, allowing owner-occupiers to benefit from maximum exposure. The building area totals approximately 837 sqm, comprising 175 sqm of modern, air-conditioned offices and amenities split over two levels. The 660 sqm warehouse boasts a 7.0-meter stud height at the apex, excellent access via four large roller doors, and protection from a 170 sqm canopy. Located at the front of the building is a secure yard with dual driveways via Great South Road, providing full circulation to facilitate container de-vanning.

The property is currently tenanted by Industry Motor Group, with the final lease expiry approaching in April 2027. This timing allows a savvy investor to negotiate potential further terms or offers a strategic opportunity for an owner-occupier to secure a new headquarters.

Key Features:
2,230sqm (more or less) freehold site
837sqm building area
39m wide frontage onto Great South Road
Dual driveway access
75% NBS rating
Vacant possession May 2027

Please call now to discuss further with your local experts.

Jeremy Barnett
Danny Guise


2,230sqm (more or less) freehold site
837sqm building area
39m wide frontage onto Great South Road
Dual driveway access
75% NBS rating
Vacant possession May 2027

Listing ID: 43119458

Profile, parking and diversified income

394 Palmerston Road presents a split-risk commercial investment opportunity in an established fringe commercial location. Comprising seven separate tenancies, the property offers diversified income potential while retaining flexibility for an owner-occupier to occupy part of the premises and collect income from the balance.

Positioned on busy Palmerston Road, the property enjoys strong exposure to passing traffic, convenient access for customers, staff and suppliers, and good off-street parking. These attributes support a range of retail, trade, service, office and customer-facing commercial users.

The property is located within a recognised commercial precinct, providing a practical and accessible setting for established commercial activity. Combining multiple income streams, profile, parking and future owner-occupier potential, this is a versatile Gisborne commercial holding suited to a broad range of investors and business owners.

Auction (unless sold prior)
1pm, Friday 25 September 2026
Bayleys, 10 Reads Quay, Gisborne

Listing ID: 43119818

First time to market in 35 + years

The property offers purchasers a compelling combination of location, scale, flexibility and future potential. The three title configuration provides a range of options for investors seeking to reposition or enhance a Central City commercial holding.

With multiple buildings and a versatile mix of space, the property provides the potential to accommodate a range of commercial uses while offering flexibility for future ownership strategies.

Having been tightly held and unavailable to the open market for more than 35 years, this is a genuine opportunity to secure a substantial Central City asset with strong underlying fundamentals and long term potential.

For sale by Auction 10am, Wednesday 30 September 2026 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.

*Boundary lines are indicative only.

Features:

• Net income $302,000 plus GST
• Site entails 3 buildings incorporating Music Works, Ferntech and Midea tenancies
• Land area 2,279 sq m plus one half share in 328 sq m
• Zoned Central City Mixed Use
• Buildings individually titled with auxiliary car parking
• Located on the northern boundary of South City Mall and within 500 metres of the CBD
• Attractive income spread anchored with 6 year renewal to Music Works
• Net lettable area 1,107.94 sq m

More information: https://www.colliers.co.nz/p-NZL67042205

Listing ID: 43119956

Versatile Te Rapa Investment Opportunity

Occupied by Coreys Electrical Limited,  A well-known, New Zealand electrical trade supply brand, this well placed versatile building should appeal to all astute investors.

The unit forms part of a modern, well-presented strata titled development, prominently positioned on the corner of Pukete Road and Vickery Street. This high exposure site benefits from excellent profile to passing traffic and strong connectivity to the wider Te Rapa industrial and commercial catchment.

Strategically located, the property sits within a proven and tightly held commercial precinct, surrounded by established national and high performing operators including McDonald’s, Northcare Medical, Z Service Station, and New World Te Rapa.

This concentration of major brands further enhances the location’s desirability, traffic generation, and long-term investment fundamentals.

For further information or to arrange a viewing, please contact the exclusive agents Alan Pracy or Justin Oliver.

Alan Pracy, Director | Hamilton on +64 21 623 089 or at alan.pracy@colliers.com 

Justin Oliver, Associate Director | Hamilton on +64 27 565 4837 or at justin.oliver@colliers.com

For sale by Deadline Private Treaty closing 3pm Tuesday 6th October 2026, unless sold prior. 

Features:

• Rental $92,056p.a + GST + Outgoings
• Occupied by national tenant Coreys Electrical
• Versatile floor area of approximately 681.1 sqm
• Onsite car parking
• High profile location
• Prime location on major arterial
• Strata Title
• Tenanted investment

More information: https://www.colliers.co.nz/p-NZL67042187

Listing ID: 43119957

Light Industrial Investment

Light industrial remains one of New Zealand’s most sought-after property sectors, underpinned by strong occupier demand, stable tenants, and relative resilience through changing economic conditions.

Positioned on Forests Road within Nelson’s tightly held Quarantine Industrial precinct, this property benefits from excellent connectivity, with immediate access to key arterial routes and Nelson Airport.

Its strategic location provides efficient access to both Nelson and Richmond, placing occupiers at the heart of a regional market of approximately 75,000 people and making it an ideal base for businesses servicing the wider area.

The modern, fully compliant building is fully leased to two established businesses, delivering diversified income and reducing reliance on any single tenant.

With no known deferred maintenance, the asset offers a low-maintenance investment proposition with limited anticipated capital expenditure.

A change in direction for the vendor has brought this opportunity to market earlier than expected. Properties of this calibre are rarely available in this location, and investors are encouraged to act promptly.

Investments Highlights:

• 430 sqm building area on 530 sqm land (more or less)
• Market-level rents with rental growth potential
• Fully leased, multi-tenanted investment
• Prime Quarantine Industrial precinct
• Yield 6%

For sale at asking price $1,150,000.00 (+GST if any).

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

*boundary lines, land and floor areas are approx. only 

More information: https://www.colliers.co.nz/p-NZL67042159

Listing ID: 43120120

Multi-Tenanted Leasehold Investment

An opportunity to secure a well-established, multi-tenanted leasehold investment returning approximately $55,000 net per annum.

The property benefits from a diverse tenant mix, including Nelson Signs - a household name in the Hawke's Bay signage industry - gaming machine distributors and Demanser Engineering.

With multiple income streams reducing reliance on any single tenant, this property presents an attractive opportunity for investors seeking a solid commercial return.

Key features include:

• Approximate net income of $51,000 per annum
• Three established commercial tenants
• Diversified rental income
• Recognised local businesses in occupation
• Leasehold investment opportunity
• Available For Sale By Negotiation

Contact the Shannon today for further information or to arrange an inspection.

Listing ID: 43124381

PAPAMOA DEVELOPMENT OPPORTUNITY

Deadline sale: Closes on Thursday 8 October 2026 at 4:00PM (unless sold prior)

Papamoa’s expansion continues, and this 4.3736-hectare block is strategically located in the middle of the suburb.

It is surrounded by commercial and residential properties and benefits from superb access to the expressway and direct access onto Domain Road.

An investor with an eye to the future has the opportunity to grab and go, with the vendor giving clear instructions to sell. The approximately 120m road frontage expands to a 235m rear boundary.

Currently zoned Rural under the Tauranga City Council, this property is less than 1km to Papamoa Plaza, with Pak’n’Save and Fashion Island all within walking distance. The three-bedroom, two-bathroom home is supported by good shedding, and the property is well fenced for stock while you plan your next move.

A geotech report is available to speed up your due diligence process, so contact the listing agent for a full information pack.

Listing ID: 43124626

High-profile Showroom/warehouse

Colliers is pleased to present 3/390 Lincoln Road, Addington to the market for sale. 

Positioned in a highly visible front-row Lincoln Rd location just off Moorhouse Avenue, this property offers excellent exposure, accessibility and connectivity. With approximately 15,000 vehicles passing daily and near 11 metres of prime frontage to Lincoln Road, the property provides an outstanding opportunity for owner-occupiers, investors or businesses seeking a prominent location.

The property is Industrial General zoned and has recently undergone additional strengthening works and a refresh, including new bathrooms, new kitchen and upgraded office, providing a functional and ready-to-use space.

The ground floor provides approximately 200 sq m of warehouse, workshop/showroom space, complemented by a 60 sq m mezzanine office, with full-height roller door access providing excellent functionality for a range of industrial and trade-related uses.

For sale by Deadline Private Treaty: 4pm, Thursday 8 October 2026 (unless sold prior). 

*Boundary lines are indicative only.

Features:

• North facing aspect
• Approximately 60 sq m  mezzanine office
• 3 on-site car parks
• Full-height roller door access
• Approximately 11 metres of road frontage
• Approximately 15,000 average daily passing vehicles
• Industrial General zoning
• Recently refreshed, including new bathrooms, kitchen and office area
• Highly visible and accessible Addington location
• Suitable for owner-occupiers and investors

More information: https://www.colliers.co.nz/p-NZL67042322

Listing ID: 43124661

1.62Ha Site with Scale, Flexibility and Value-Add Potential

CBRE is pleased to present 8–10 Gabador Place, Mt Wellington for sale by Deadline Private Treaty, a substantial industrial asset occupying a significant 1.62ha freehold landholding within one of Auckland's most tightly held and strategically located industrial precincts.

Positioned in the heart of Mt Wellington, the property comprises an 8,006sqm industrial facility featuring a functional warehouse, refurbished office, extensive sealed yard areas and ample on-site car parking. Benefitting from heavy industry zoning, the property provides flexibility for a broad range of industrial, manufacturing, logistics, warehousing and distribution uses.

A key feature of the offering is the ability to secure vacant possession from March 2027, providing owner-occupiers with a rare opportunity to establish operations within this highly sought-after industrial location, while also offering investors and developers a clearly defined pathway to future repositioning or redevelopment.

With excellent connectivity to State Highway 1, Sylvia Park, Auckland CBD, Auckland Airport and the Ports of Auckland, the property is ideally positioned within a premier last-mile logistics location.

The scale of the landholding, combined with the property's functionality, zoning and strategic location, presents a compelling opportunity for owner-occupiers, investors and developers seeking to secure a rare industrial holding with significant future potential.

Property Highlights

• 1.62ha freehold landholding (approx.)
• 8,006sqm industrial improvements (approx.)
• Holding Income
• Heavy Industry zoning
• Functional warehouse, office and amenities accommodation
• Extensive sealed yard areas and 49 on-site car parks
• Vacant Possession available from 1 March 2027
• Prime Mt Wellington industrial location
• Excellent access to SH1 and key transport networks
• Opportunity to occupy, invest, reposition or redevelop

For Sale via Deadline Private Treaty closing on Wednesday 14 October 2026 at 4:00pm (unless sold prior).

Listing ID: 43124765

Historic Trophy Retail Asset First Time to Market

The Largest 100% Interest With Management Ever Brought To The New Zealand Retail Market - Dominant Auckland Metro Retail Destination with Significant Development Optionality.

JLL and Colliers are pleased to present a 100% interest with management in Botany Town Centre, one of New Zealand's premier regional shopping centres and the dominant retail, dining, entertainment and lifestyle destination within East Auckland.

Occupying a substantial 17.3-hectare freehold landholding, Botany Town Centre is strategically located within Auckland's eastern growth corridor and benefits from a highly flexible Metropolitan Centre zoning and improving transport connectivity, supporting a broad range of long-term residential, commercial, retail and mixed-use development outcomes.

Comprising approximately 61,000sqm of GLA across 200 tenancies, the Centre is anchored by Farmers, New World and Hoyts and supported by a diverse mix of national and international retailers including H&M, JB Hi-Fi, Noel Leeming, Briscoes, Rebel Sport, Chemist Warehouse and CityFitness. Botany Town Centre is the centrepiece of a broader town centre precinct, together forming a destinational retail powerhouse.

This sale represents a generational opportunity to acquire one of New Zealand's largest retail landholdings, combining dominant market positioning, secure institutional income and substantial long-term development optionality.

The 100% freehold interest in Botany Town Centre is being exclusively offered via an International Expression of Interest (EOI) campaign closing Wednesday, 14th October 2026 at 2.00pm (NZST). For further information on the sale process or to arrange an inspection, please contact the exclusive sales & marketing agents.

¹ Property Economics & Analytics, September 2026
² As at July 2026. MAT is NZD, GST Ex.
* All figures approximate and site boundary outlines indicative only. Logos used for location reference only, no affiliation or endorsement by the companies.


*Trophy Regional Shopping Centre offered to the market for the first time
*Auckland Metropolitan location, 19km SE of Auckland CBD
*Trade area of over 500,000 residents, with strong catchment population growth of 1.3% p.a.¹, above the 0.9% p.a national average
*Total MAT $354.7m and 11.5m annual visits²
*Substantial 17.3-ha site, 35% low coverage ratio, and flexible Business Metropolitan Centre zoning supporting a wide range of development options (STCA)
*Landmark opportunity to secure genuine scale and quality in a tightly held market

Listing ID: 43124856

Secure A Strategic Site Within A Growth Precinct

Opportunities to acquire industrial land are becoming increasingly scarce, however opportunities to secure a strategic position within one of New Zealand's most significant freight and logistics corridors are even rarer.

771 Roberts Line offers up to 3 hectares, or more, of North East Industrial zoned land within a precinct undergoing substantial transformation, strategically positioned alongside major transport and distribution infrastructure.

Located adjacent to Te Utanganui - Central New Zealand Distribution Hub, close to Palmerston North City Airport and opposite the KiwiRail Regional Freight Hub, which has secured funding to progress to its next phase, the property is ideally positioned to benefit from the continued growth of freight, logistics, distribution and industrial activity within the region.

This is a compelling opportunity for developers seeking their next industrial project, owner occupiers planning a purpose-built facility, investors looking to secure a strategic landholding, and logistics, warehousing and distribution operators wanting to establish themselves in a location designed for future growth.

The question is not why buy industrial land, but why buy this parcel of industrial land. The answer lies in the location. Few sites offer the ability to position a business alongside road, rail and air freight infrastructure while benefiting from ongoing public and private investment in the surrounding precinct. As Palmerston North continues to strengthen its role as a central distribution hub for the lower North Island, well-located industrial land of this scale is expected to become increasingly sought after.

Secure your place in a location that will help shape the future of freight, logistics and industrial development in Central New Zealand.

The property is available For Sale by Expressions of Interest.

Contact the Colliers team today for further information or to inspect the property.

(Note: All measurements, specifications and boundary lines indicative only. Image is an architect’s impression).

Features:

• Location that cannot be replicated
• Infrastructure-led growth
• Scale and flexibility
• Scarcity value
• Future-proof your operation
• Land-bank and development potential

More information: https://www.colliers.co.nz/p-NZL67041978

Listing ID: 43125037

High Profile - "As is, Where is" Receivership Sale

NAI Harcourts Grenadier are pleased to bring to the market for Auction, 9 Bernard Street, Addington, Christchurch. This is an "As is, Where is" Receivership sale.

A rare opportunity to secure a substantial Addington holding offered to the market under receivership instructions. Positioned in the tightly held city fringe precinct, 9 Bernard Street presents buyers, developers and investors with the chance to unlock value through refurbishment, redevelopment or land banking.

Set on a generous site with strong underlying fundamentals, this "As is, Where is" offering delivers genuine upside in one of Christchurch's most active commercial and mixed-use locations. Opportunities of this nature are increasingly difficult to secure, particularly with motivated selling circumstances.
Whether you are seeking a value-add project, strategic acquisition or future development play, 9 Bernard Street demands immediate attention.

Please contact the agents to register your interest and discuss the property files.

Property Highlights:

• 904 sqm Freehold Title
• Mixed Use Zoning
• High Value Add property

The property is offered on an "As is, Where is" basis as a Receivership sale by way of Auction from 11am, Thursday 8th October 2026 (unless sold prior). Auction venue: Grenadier House, 98 Moorhouse Avenue, Christchurch.

The property is offered for sale on an "as is, where is" basis by the Receivers of the vendor (Receivers), as agents of the vendor and without personal liability.

The Receivers have not occupied the property and make no representations or warranties, express or implied, as to the accuracy or completeness of any information contained in this listing or otherwise supplied, including (without limitation) information relating to the condition of the property, compliance with statutory requirements, building consents, zoning, boundaries, services, tenancies, or fitness for any particular purpose. Prospective purchasers must make and rely solely on their own inspection and independent investigations and satisfy themselves as to all matters relating to the property.

Neither the Receivers nor their agents shall be liable for any loss or damage arising out of or in connection with any reliance placed on any information provided by or on behalf of the Receivers nor their agents in relation to the property.

The Receivers reserve the right, without notice, to amend the method of sale, withdraw the property from sale, or accept or reject any offer.

Contact the sole agents for full details and viewing.

*Boundary lines are indicative only.

All areas are estimated only and are non-verified, purchasers must make their own enquiries and seek expert advice.

Viewing is a must to appreciate the options here, to arrange a time to view or discuss the property please contact
Marc Findlay on 0274929998 or marc.findlay@naiharcourts.co.nz or
Mark O'Loughlin on 021339078 or mark.oloughlin@harcourtsgold.co.nz

Listing ID: 43125105

High Spec Commercial Unit - Stunning Location

NAI Harcourts Grenadier are pleased to bring to the market for Sale, Unit 3, 1013 Ferry Road, Ferrymead, Christchurch.

Positioned in a highly sought-after location, 3/1013 Ferry Road presents a superb opportunity to secure a high-spec commercial unit with quality finishes and a versatile layout. Ideal for owner occupiers or Investors seeking a modern premises in a stunning location.

The building is very well presented and consists of modern well appointed offices, a clear span warehouse and additional mezzanine storage space.
The property has good on-site car parks and has easy access. The site is situated in a popular location, surrounded by an abundance of local amenity. The property can also be purchased.

*Boundary lines are indicative only.

Features:

• Warehouse / Office: 92 square metres
• Mezzanine Storage: 45.60 square metres
• 1 Tandem car park
• Fully fitted out offices
• Post Earthquake Built

Contact the Landlords agents for full details and viewing.

All areas are estimated only and are non-verified, please make your own enquiries and seek expert advice.

Viewing is a must to appreciate the options here, to arrange a time to view or discuss the property please contact
Marc Findlay on 0274929998 or marc.findlay@naiharcourts.co.nz

Listing ID: 43125148

Prime Location with Significant Upside

An outstanding investment opportunity, featuring a versatile light industrial facility in a highly sought after location benefitting from ample car parking and secured yard. Leased to a multi-regional, established and diversified industrial company, JLE Holdings Ltd.

JLE Holdings Ltd has occupied the property since 2015. Recently renewed for another 5 years, indicating their commitment to the property.

The passing net annual rental of $64,313.67 + GST p.a. is significantly under market, with supporting evidence suggesting a market rental in excess of $81,000 plus GST.

Positioned on a north facing site, located within the highly sought after CBD location of Gill Street, accommodating a range of leading industrial, trade retail and office tenants.

For Sale by way of Deadline Private Treaty closing Wednesday,  14 October 2026 (unless sold prior)

For more information or to arrange an inspection contact:

Benet Carroll
+64 210 289 4537

benet.carroll@collierswgtn.co.nz

Please note: all floor areas are approximated only.
 

Features:

• Term: 5 years from 1 June 2026
• Net Annual Rental: $64,313.67 + GST
• Significant rental upside
• 15 car parks
• Capital Value: $1,290,000 (effective Aug 2025)
• Highly popular commercial strip
• Land size: 965 sqm (approx.)
• Total floor area: 546 sqm (approx.)

More information: https://www.colliers.co.nz/p-NZL67042239

Listing ID: 43125225

High-profile Masterton redevelopment opportunity

Positioned on one of Masterton’s key arterial routes, this substantial 3,685sqm (more or less) holding presents a rare opportunity to secure a prominent industrial property close to the CBD.

The property comprises approximately 1,450sqm of existing buildings across three separate structures, including the former Masterton theatre, together with extensive yard areas and valuable exposure to Masterton’s bypass route.

Offered in its current form, the property provides purchasers with the flexibility to assess the existing improvements and determine the best use of the site. Alternatively, buyers may negotiate for the buildings to be demolished, and the property cleared before settlement, providing a potential pathway towards a clean redevelopment platform without having to undertake the initial demolition themselves.

Its combination of scale, profile and proximity to the CBD makes the property suitable for a wide range of prospective purchasers. Owner-occupiers may explore adapting the existing buildings, while developers and land-bankers can consider the longer-term potential of a substantial industrial holding in an established location.

The property is conveniently positioned two minutes from Masterton’s commercial centre and Renall Street railway station, with its high-profile frontage providing excellent visibility and accessibility.

Whether purchased as it stands or negotiated as a cleared site, this is an opportunity to secure a sizeable property with genuine flexibility and future redevelopment potential.

For sale by negotiation

Listing ID: 43125230

Multi Use Building On The Foreshore!

Having been an oyster processing plant at approx 810m2 of export quality (for the day) production facilities with chillers and freezers, staff facilities and offices, this is prime for food processing. With views of the harbour whilst you work, an inspection is a must.

Phone for more details.

Deadline Sale: Closing 4:00pm, Thursday 8th October 2026 (prior offers considered)


Disclaimer - All prospective purchasers shall complete their own due diligence, seek legal and expert advice and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents. Land and floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e. Regional/City councils, Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.

Listing ID: 43125237

Dual-Income Commercial Investment

Positioned in the heart of Gore's commercial precinct, 24-30 Main Street is a fully leased commercial investment underpinned by established national tenants, Selectrix and Findex. The property generates a combined net income of $88,810 + GST and outgoings and benefits from prominent State Highway 1 frontage, strong visibility, and diversified rental income. With a 70% NBS rating and a proven tenant profile, this represents an attractive passive investment opportunity in a tightly held regional market.

Investment highlights:

• Fully leased to established national tenants, Selectrix and Findex
• Net income of $88,810 + GST and outgoings
• High-profile State Highway 1 frontage
• Diversified dual-income stream
• Building strengthened to 70% NBS
• Located within Gore's established commercial centre

The property is offered For Sale by Deadline Private Treaty closing 4pm, Thursday 15 October 2026 (unless sold prior).

For more information or to arrange a viewing, please contact the sole agents.