Commercial property for sale

Listing ID: 43046310

Warehouse + Office + Mezzanine

• 153sqm (approx.) high stud warehouse
• 60sqm (approx.) office, 35sqm (approx.) mezzanine
• Handy location just off Te Rapa Road
• High-stud warehouse with 4.5m wide roller door and tilt-slab construction
• Drive-around access ensures easy manoeuvrability
• Alternative unit sizes also available

Just off Te Rapa Road, this soon to be constructed unit delivers a practical blend of warehouse, office, and mezzanine space in one of Hamilton’s most established industrial locations.

Well suited to businesses with an administrative component, the layout combines a functional high-stud warehouse with a quality on-site office, making it ideal for trade operators, service businesses, light industrial users, or online retailers seeking a professional base with integrated storage and operations.

Tilt-slab construction, drive-around access, and a well-planned layout ensure efficient day-to-day functionality, while the mezzanine adds valuable flexibility for additional workspace or storage.

A modern Te Rapa offering that also presents an attractive opportunity for investors seeking quality industrial assets in a consistently proven and tightly held market, with purchasers encouraged to speak with their accountant about the Government’s 20% investment boost and how it may apply.

Listing ID: 43080524

Entry Level Light Industry in Central Westgate

Unlock a fantastic opportunity in the heart of Westgate's thriving Business-Light Industry Zone. This immaculate 70sqm industrial unit seamlessly blends modern functionality with sleek aesthetics.


Features:

• Smart Space Design:Features a versatilemezzanine leveland a private balcony, maximizing floor space and adding unique character.
• Premium Fit-out:Boasts quality flooring and a thoughtful interior design, creating a professional and welcoming environment.
• Unbeatable Connectivity:Easy access to major arterial roads and close proximity to Auckland Airport.
• Motivated Vendor:Priced for a quick sale - this is a rare chance to secure a high-quality space at a highly competitive price.

Ideal for a variety of industrial uses.
Contact Sole Agent to schedule your private viewing!

Alan 021866285

Listing ID: 43080580

Consented residential development Manawatu

14 Banks Road, Rongotea - 20.7ha (more or less) - Up to 180 Lots. A rare opportunity to secure a consented, infrastructure-ready residential development in the growing Manawatu region. This 20.7ha (more or less) freehold site is not a land banking play - it is a staged, ready-to-deliver project with approvals in place for up to 180 residential sections, backed by council-supported growth planning. Titles are issued and core infrastructure already underway, developers can move forward with confidence.

Key Features:

• 20.7ha (more or less) freehold development site
• Consented for up to 180 residential lots
• Titles issued (LINZ)
• Council-approved Comprehensive Development Plan

Infrastructure in Place:

• 11,000 kVA power at site boundary
• Fibre connected to the site
• Wastewater capacity allocated

Water at site boundary

• Council pump station under construction

Strategic Location:

• 20 mins to Palmerston North
• 13 mins to Ohakea Air Force Base
• 16 mins to Feilding
• Strong demand drivers from defence and regional growth

Why this opportunity stands out: With documented population growth projections and increasing demand driven by the Ohakea Air Base expansion and Palmerston North, Rongotea is emerging as a key satellite growth location. Large-scale derisked, consented, and staged developments with infrastructure underway are becoming rare, making this an outstanding opportunity for developers seeking scale, certainty, and long-term upside. Register your interest today – opportunities of this caliber are rarely available.

Listing ID: 43080794

BARGAIN OPPORTUNITY 120M² STUNNING VIEWS

The vendor's instructions are unequivocal - this property must be sold. Vacant and ready for immediate occupation, this represents a rare opportunity to secure a well-presented commercial unit with future upside from the forthcoming Penlink connection.

PROPERTY HIGHLIGHTS:

• Must sell - all genuine offers are encouraged
• Approximately 120m² of well-configured floor area
• Renovated to a high standard with quality existing fitout
• Vacant possession - occupy immediately or lease out
• Exceptional exposure to busy Whangaparaoa Road
• Prominent corner position attracting excellent visibility
• Stunning sea views across Arkles Bay towards Rangitoto Island
• Ideal for owner-occupiers, professional services, medical, retail, or investors
• Modern, professional presentation requiring little or no additional capital expenditure
• Abundant surrounding amenity including retail, hospitality, and service businesses
• Capitalise on the future advantages of the Penlink project and improved connectivity to Auckland
• A genuine opportunity

Combined with a highly motivated vendor and clear instructions to sell, this is an opportunity purchasers should investigate without delay.

Calling all owner-occupiers - secure this exceptional premises offering high-profile exposure, a quality fitout, and stunning sea views.

This property must be sold.

Listing ID: 43080918

A Front Row Seat to Tauranga’s Transformation

An exceptional opportunity awaits, with clear instructions from the vendor to sell. 

Step inside and be surprised by the scale, positioning and potential this substantial City Centre offering provides.

Located right in the middle of Tauranga’s rapidly transforming City Centre, this first-floor commercial property comprises approximately 691m² and offers an exceptional opportunity to secure space in one of the city’s most significant growth precincts. Positioned alongside the striking new Elizabeth Towers development and directly across the road from the new Tauranga City Council building, the surrounding investment and redevelopment underway is reshaping the future of the city around it.

This is the type of property where vision and creativity could deliver something truly special.

For owner occupiers, the opportunity exists to create a standout headquarters in a location that will continue to strengthen as the City Centre evolves. Large floorplates of this nature are becoming increasingly difficult to secure, particularly in such a central and strategic position. With the right design and fitout, this could become an inspiring workplace for staff and clients alike.

For investors and add-value buyers, the fundamentals are equally compelling. The scale, location and surrounding development create genuine upside potential for those looking to reposition, refurbish or unlock future value within a tightly held City Centre market.

Properties offering this combination of size, positioning and future potential are rarely available in Tauranga’s City Centre.

Contact Duncan or Dan for more information or to arrange a viewing.

Features:

• Floor area: 691m²
• Prime Tauranga City Centre location
• Adjacent to new Farmers
• Vacant possession
• Strong foot traffic
• 2 onsite carparks

More information: https://www.colliers.co.nz/p-NZL67040410

Listing ID: 43080922

Premium Office | Quality Fit-out Beyond Standard

An outstanding opportunity to secure one of the finest commercial units within the highly sought-after The Cube on Queen development. Unit 73 has been significantly upgraded to create a modern, professional workspace that stands apart from the standard commercial units within the complex.

Ideal for professional services, consultants, creative businesses, technology companies, administrative headquarters, sales offices, or owner-occupiers wanting to elevate their business image, this freehold unit offers the perfect balance of presentation, functionality, and long-term investment appeal.

Whether you're relocating your business, purchasing your first commercial premises or investing in a high-quality asset, Unit 73 provides a turnkey solution with nothing left to do. Simply move in and start operating from a workspace designed to impress both staff and clients.

Every detail has been carefully considered to create an environment that feels more like a premium office than a conventional commercial unit. Polished concrete floors, timber feature walls, a suspended ceiling, a carpeted mezzanine, two heat pumps, and a striking glazed roller door combine to deliver an exceptional working environment filled with natural light, comfort, and contemporary style.

Property Features:

• Premium Fit-out
• Approx. 72sqm ground floor
• Approx. 30sqm mezzanine
• Polished concrete flooring
• Carpeted stairs and mezzanine
• Timber feature wall panelling
• Suspended ceiling
• Two heat pumps
• Modern kitchenette
• LED lighting throughout

Practical Features:

• Automatic roller door (approx. 3.6m high)
• Upgraded glazed roller door providing excellent natural light
• Toilet with hand basin
• Fire alarm system
• Ample power outlets
• Full external CCTV coverage

Join One of Richmond's Premier Business Communities.
The Cube on Queen has become one of Richmond's most tightly held commercial developments, attracting quality owner-occupiers and established businesses seeking a secure, modern and professionally presented environment.

Development features include:

• Secure gated complex
• 24/7 CCTV surveillance
• Vehicle number plate recognition
• Landscaped common areas
• Excellent access to Richmond, Nelson and key transport routes

The Mixed Business zoning provides flexibility for a wide range of commercial activities, including professional offices, trade services, e-commerce, storage, distribution and business operations.

A Smart Business Move.
Premium commercial units with this level of presentation are rarely offered to the market. With the hard work already completed, there is no need to spend additional capital on creating a quality workspace; simply purchase, move in, and enjoy the benefits of owning your commercial premises.

Whether you're looking to stop paying rent, strengthen your business presence or secure a quality commercial investment in one of Richmond's most desirable business developments, Unit 73 presents an outstanding opportunity.

Listing ID: 43080936

Multi-Tenanted Industrial Investment

Positioned in one of Palmerston North’s sought after industrial precincts, 25–31 Pirani Place presents a compelling investment opportunity with proven income and enduring tenant appeal.

The property is fully leased to two established tenants, Arc-I Engineering and Elite Automotive, providing a diversified and stable income stream. Returning a net rental of $77,000 per annum, the investment offers immediate cashflow with the security of well-regarded local occupiers.

The improvements comprise a total building area of approximately 882sqm, positioned on a freehold landholding of 1,403sqm. The site is well configured for industrial use, offering functional buildings suited to a range of engineering and automotive operations, with access and front yard components supporting ongoing tenant requirements.

Located just off the busy Tremaine Avenue industrial corridor, the property benefits from excellent connectivity to key transport routes and surrounding commercial activity, underpinning its long-term desirability.

With a strong leasing profile, established tenants, and a strategic industrial location, this property represents an attractive opportunity for investors seeking a low-maintenance asset with reliable returns in a tightly held market.

The property is available For Sale by Deadline closing Tuesday 28 July 2026 at 3pm (unless sold prior).

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

(Note: All measurements and specifications are approximate. Boundary lines indicative only).

Features:

• Annual net rental $77,000 plus GST
• Leased to Arc-I Engineering with a 2 year term from 28 November 2025
• Leased to Elite Automotive with a 3 year term from 2 May 2025

More information: https://www.colliers.co.nz/p-NZL67041109

Listing ID: 43081261

HIGH-DENSITY THAB ZONED SITE WITH CHARACTER HALL

Deadline sale: Closes on Thursday 30 July 2026 at 2:00PM (unless sold prior)

This property offers a high-density development footprint combined with an existing, character-filled assembly space.

Formerly utilised as a Buffalo Lodge (RAOB Hall), 1793A Great North Road provides a clear dual-pathway for residential developers, land-bankers, or community and faith-based organisations looking to secure a permanent footprint in a well-connected suburb.

Option 1 - residential development (984m² site in THAB zone) for developers looking to build on a primary transport corridor:

• Zoned Residential - Terraced Housing and Apartment Buildings (THAB), the highest-density purely residential category under the Auckland Unitary Plan
• A standard height limit of up to 16 metres (typically four to five storeys) allows for substantial vertical development
• Favourable development parameters, including 50% maximum building coverage and 70% maximum impervious area. Total unit yield is determined by design merit rather than rigid numerical density caps
• The existing hall structure offers potential utilisation or lease opportunities while resource and building consents are finalised

Option 2 - community and faith organisations (350m² existing hall) for groups seeking a dedicated, established facility:

• Constructed in the late 1950s, the wide-span community hall structure provides an open-plan layout well-suited for worship, fellowship, and large meetings
• Positioned directly on an arterial road, the site offers the prominent visibility and public transport access typically required for community facility consenting
• Purchasing this site secures a substantial asset underpinned by high-density residential zoning, protecting the organisation's long-term capital

Avondale is a key focus area under Auckland Council’s urban regeneration programme. Ongoing local investment includes the new Te Hono library and community hub, alongside several master-planned housing projects. Located within 10 kilometres of the CBD, the property has direct access to the Northwestern Motorway (SH16) and the Waterview Connection (SH20).

High-frequency bus routes run past the front boundary, and Avondale train station is a short walk away. The site sits in proximity to the Avondale town centre, local supermarkets, recreational parks, and established schools, including Avondale College.

For more information, please contact the listing agents.

Listing ID: 43088533

Versatile corner investment

This well-located commercial investment offers exceptional versatility for owner-occupiers or savvy investors seeking strong yield in a tightly-held market.

The property comprises a two-level building on a prominent corner site, combining retail, office, and storage accommodation totalling approximately 685m². Currently anchored by three established tenants generating reliable income, the building also features 349m² of vacant basement space ready for lease or owner-occupier use.

Positioned on Queen Street with excellent visibility and easy access, this property benefits from strong street frontage and convenient parking. The solid construction (concrete block with iron roofing) provides durability and low maintenance, with a seismic rating of approximately 76% NBS.

Owner-occupiers can relocate their business to the basement whilst benefiting from upstairs tenant income. Investors can lease all available spaces to achieve strong yield potential for the Te Puke market.

• Land area: 425m2 (approx.)
• Building area: 685m2 (approx.)
• Three established tenancies — current income $56,000 pa + GST + outgoings
• 349m2 vacant basement space
• Corner profile with excellent visibility

Contact the agents for more information or to arrange a viewing.

Listing ID: 43088536

Prime Industrial Investment

Positioned on one of Tauriko’s most sought after industrial roads, this premium asset offers a rare opportunity to secure a high performing investment in the heart of the Bay of Plenty’s booming industrial precinct. 

Location, lease term, building quality and configuration, tick, tick, tick. This is industrial gold star.

Strategically located within the Tauriko Business Estate, 75 Kaweroa Drive benefits from excellent connectivity to State Highway 29 and the wider Golden Triangle, making it a key hub for logistics, warehousing, and trade-based operations.

Established Tenant: The property is leased to a successful, long standing business.

Secure Lease: With over 6 years remaining on the current lease term, investors can enjoy stable returns with growth.

High-Profile Location: Kaweroa Drive is a tightly held industrial address, known for its accessibility, visibility, and proximity to major transport routes and set to be a cross city link road in time joining SH9 to SH36. 

Land Area: Approximately 4,000m² of prime north facing industrial land.

Building area: An astute and generic ratio of canopy, office, warehouse and yard areas totalling 2,635m² of rental area.

Gantry: Equipped with sought after gantry with crane (12.5 tonne with 26m span) and building strengthening as base build and landlord owned.

Specification: 4 roller doors, canopy loading along warehouse frontage, dual office and amenities, clear span warehousing and strong aesthetic office environment
Thermal Performance: The warehouse roof is insulated with R1.9 batts, supporting a more stable and favourable working temperature year round, while the east-facing roller doors help shelter the site from prevailing winds

This is a rare chance to acquire a blue chip industrial investment in a location that continues to attract national occupiers and infrastructure investment. 

Contact the sole agents today to request further details or arrange a viewing.

Features:

• Current rent: $460,851 + GST
• Land area: 4,000m²
• Rentable area: 2,635m² incl canopy
• Industrial zone
• High stud with gantry
• Two yearly rent reviews, next due December 2026
• Long lease term to December 2032
• Premier road frontage
• Warehouse roof insulated with R1.9 batts

More information: https://www.colliers.co.nz/p-NZL67036542

Listing ID: 43088539

Affordable Leasehold Industrial Unit

Located in the heart of Mount Maunganui's industrial precinct, this unit presents an excellent opportunity for an owner occupier. The property features a ground floor office, first floor lunchroom, and a high stud warehouse with excellent natural light and convenient roller door access. Comprising approximately 161m² in total, it also benefits from three exclusive car parks.

Vacant possession is available from 1 September 2026, providing an ideal opportunity for purchasers looking to secure and occupy their own premises.

Situated on leasehold land, this property offers a cost effective entry into the sought after Mount Maunganui industrial market, making it an attractive option for businesses looking to establish or expand their operations without the higher capital outlay of freehold ownership.

Contact Rob or Simon today for further information or to arrange a viewing.

Features:

• Building area 161m² (approx.) of warehouse and office
• Vacant possession from 1 September 2026
• 3 exclusive car parks
• Zoned industrial
• High stud warehouse
• Roller door access
• Close to the Port of Tauranga
• Land rent fixed for the next 5 years

More information: https://www.colliers.co.nz/p-NZL67041202

Listing ID: 43088699

Prime Ellerslie Mixed-Use - Occupy or Add Value

Colliers is pleased to present a versatile mixed-use asset in one of Auckland's most established commercial locations.

Offering approximately 654m² of net lettable area (more or less) across two levels and available for sale with vacant possession, the property presents an attractive opportunity for owner-occupiers, add-value investors, and developers seeking a well-located asset with future upside.

Positioned on the sought-after Great South Road corridor in Ellerslie, the property benefits from excellent profile and accessibility, while being only a short 450m walk from Ellerslie Train Station. The building is complemented by 18 designated on-site car parks, a significant advantage in this tightly held precinct.

Held by the current owners since 1991, the property has been carefully maintained and occupied throughout their stewardship of more than three decades. As they prepare to relocate to a new home, a rare opportunity now exists for the next owner to reimagine and reposition the asset, unlocking its full potential while building on the strong foundations established over many years.

With a combination of scale, accessibility, and favourable Mixed Use zoning, the property offers flexibility for a wide range of occupiers and future uses.

Contact the sole agents for further information or to arrange an inspection

Key Features

• 958m² freehold site
• 654m² NLA (more or less) across two levels
• Versatile Mixed-Use zoning
• For sale with vacant possession
• 18 designated on-site car parks
• Approximately 450m walk to Ellerslie Train Station
• Prominent Great South Road position
• Suitable for variety of owner-occupiers, e.g. professional services firms, medical, education, community groups etc
• Flexible settlement terms (up to 12 months) and/or leaseback options available.
• Calculated Market Rent of $189,425 +GST Net p.a.

More information: https://www.colliers.co.nz/p-NZL67041330

Listing ID: 43088713

Long Term Tenant, Long Term Confidence

Needing space for your expanding business while also generating an income from your asset?

This property offers ample space and storage to accommodate multiple business operations while retaining long-term, proven tenants in the other half of the facility. It presents an ideal opportunity for an owner-operator to run a substantial operation from this expansive property, located just minutes from Katikati and within an easy commute to Tauranga city centre.

An outstanding opportunity for an owner-occupier or investor to secure a sizeable cool store and former pack house facility on Rea Road, just south of Katikati. Partly leased to reputable post-harvest operator Seeka, which occupies the cool stores, this well-maintained property is an exceptional proposition for an owner-occupier looking to relocate their business into the vacant portion of the premises while benefiting from the strong income stream provided by the existing tenant.

Alternatively, investors have the opportunity to lease the remaining vacant area, which has previously been owner-occupied. A passing net rental of approximately $180,000 per annum provides a solid income foundation, with the potential to increase this to more than $300,000 per annum once the entire property is leased.

The improvements comprise a mix of low and high-stud cool stores, workshop areas, generous mezzanine storage, well-presented offices, and quality staff amenities. The site features full drive-around access for ease of vehicle movement, along with a large central canopy that provides excellent all-weather operational space.

This unique property offers owner-occupiers and investors the opportunity to capitalize on the thriving kiwifruit industry, which is currently experiencing a significant shortage of cool storage facilities. Combined with its close proximity to Katikati's extensive orchard network, this property is ideally positioned to benefit from strong post-harvest demand for many years to come while delivering an impressive and reliable income stream.

Tender closing date: Friday 21st August 4pm
Land area: 1.0524 hectare (more or less)
Floor area: 4159m2 (more or less)
Current RV $4,680,000.00

Keeping It 'REAL' in Real Estate!

Listing ID: 43089092

Premium Near-New Industrial Headquarters

Opportunities of this calibre are rarely offered to the market. This outstanding freehold industrial asset delivers the ideal combination of scale, profile, flexibility and modern functionality within one of the Wellington region's fastest-growing industrial precincts.

Constructed in 2023 and presented in near-new condition, the property occupies a substantial 4,019m² freehold site and features approximately 2,124m² of high-specification improvements. Whether you're seeking a flagship headquarters, a future-proof industrial facility or a premium investment, this property ticks every box.

At its heart is a spacious clear-span warehouse offering exceptional operational efficiency, dual roller door access at either end, three-phase power infrastructure and excellent natural light throughout. The building has been intelligently designed with flexibility in mind, including the ability to split into two separate tenancies, providing future leasing or expansion options.

The front-of-house presentation is equally impressive. A premium showroom, polished concrete floors, modern offices, commercial-grade kitchen and quality staff amenities create a professional environment that will leave a lasting impression on clients and staff alike.

Outside, the property commands attention with its modern design, landscaped grounds, secure access and generous on-site parking. Its prominent position within the established George Daniels Drive industrial precinct ensures excellent exposure while offering seamless access to State Highway 2 and the wider Wellington region.

Surrounded by major occupiers including Resene, Services Foods and Leda Extrusion, this is your chance to secure a standout industrial asset in a tightly held location where demand continues to outpace supply.

*Please note all areas and values are approximates only. Boundary line is indicative only.

For more information or to arrange a viewing contact

Tim Julian on 021 488 029 or tim.julian@collierswgtn.co.nz or

Ben Taylor on 022 375 5786 or ben.taylor@collierswgtn.co.nz 

Features:

• 2023 construction
• Vacant possession
• Freehold title
• Superb fit-out
• Functional industrial facility with a well thought-out and flexible design
• Located within the established Trentham industrial precinct

More information: https://www.colliers.co.nz/p-NZL67041340

Listing ID: 43092267

Receivership Sale - Kiwi Cove Motel

Property Highlights

• Freehold going concern on a prominent c.2,023m² site on the corner of Te Heuheu and Kaimanawa Streets in central Taupō.
• 10 self-contained motel units plus a 3-bedroom manager's residence.
• Less than 500 metres from Taupō's CBD, lakefront and restaurant precinct.
• Value-add potential through refurbishment, active management and future expansion (subject to council consent).
• High-profile location opposite Taupō Medical Centre in one of New Zealand's leading tourism and events destinations.

Acting on instructions from the Receiver we offer for sale the Kiwi Cove Motel, previously known as the Adelphi Motel, a freehold going concern positioned on a highly visible c.2,023 square metre corner site opposite the Taupo Medical Centre in the heart of Taupō.

Located less than 500 metres from the CBD, vibrant restaurant precinct and the shores of Lake Taupō, this well-positioned motel combines outstanding accessibility with potentially strong long-term investment fundamentals. Comprising 10 self-contained accommodation units together with a spacious two-bedroom manager's residence, the property offers an ideal platform for owner-operators, investors or hospitality entrepreneurs seeking to capitalise on Taupō's thriving visitor economy.

Having recently returned to traditional motel operations following a period of alternative use, Kiwi Cove presents significant upside through refurbishment, enhanced online marketing and active management. The generous site also provides scope for future expansion, with potential to add further accommodation units, subject to Taupō District Council approval.

For a detailed information pack and to view please call Hugh (021 901 390) or Michael (027 826 2750)

More information: https://www.colliers.co.nz/p-NZL67041501

Listing ID: 43092624

Secure central Carterton industrial yard

Positioned in central Carterton, 123 Taylor Street presents an excellent opportunity to secure a substantial, standalone industrial yard.

The 1277m2 (more or less) metalled and fully fenced site offers a large, practical yard area with gated vehicle access from Taylor Street.

Its size and configuration could suit secure storage, contractors, trades, development, or other uses subject to any necessary council approvals. The property backs on to the Carterton railway station and is conveniently positioned close to the town centre and State Highway 2.

Standalone industrial blank canvases like this are increasingly difficult to find in central Carterton.

Price by negotiation.

Contact Olly Gollins for further information or to arrange an inspection.

Listing ID: 43092827

SECURE MAIN STREET INVESTMENT WITH NZ POST AND...

Deadline sale: Closes on Thursday 20 August 2026 at 4:00PM (unless sold prior)

A trusted tenant. A prime location. A smart investment.

Positioned in the heart of Wellsford’s thriving town centre, 199 Rodney Street presents an outstanding opportunity to acquire a well-established commercial investment leased to the NZ Post Shop and KiwiBank operator.

Occupying a prominent position on Wellsford’s main street, this high-profile property plays an important role in servicing both the local township and the wider rural community. Investments of this calibre, underpinned by an essential service tenant, are tightly held and continue to attract strong investor interest.

The property comprises a 140m² retail building on a 233m² freehold site, offering a manageable investment with the security of an established tenant and an attractive return. Whether you are looking to purchase your first commercial investment or add a quality asset to an existing portfolio, this property deserves your attention.

KEY FEATURES:

• Prime main street location in the heart of Wellsford
• Established NZ Post Shop and KiwiBank operator as the tenant
• Freehold 233m² landholding
• Approximately 140m² retail building
• Retail-zoned site with excellent street profile
• Attractive investment returning a strong yield

Secure a quality investment backed by a recognised national brand in one of North Auckland’s growing service centres.

For sale by deadline sale, unless sold prior.

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

Listing ID: 43093094

Industrial 2 w/ Income: Owner-Occupy or Redevelop

Positioned in the highly sought-after Cloudy Bay Business Park, this 3,106sqm (more or less) Industrial 2 zoned site offers a rare combination of immediate income, versatile buildings, and significant future potential.



The 204sqm (more or less) building features two offices, 1.5 bathrooms, a kitchen, storage areas, and a three-bay workshop complete with two roller doors and concrete pad. Complementing the building is a substantial secure yard, along with an additional lean-to, perfect for vehicle storage, plant, machinery or outdoor industrial use.



A standout feature is the dual entrance configuration. One access serves the main building and yard, while the second provides separate access to the container storage area and additional yard space. This setup allows different business activities to operate independently and securely.



Currently, 28 x 20ft storage containers and vehicle storage generate over $56,000 plus GST per annum in income with the potential to be in excess of $75,000 plus GST when at full capacity. The property can be purchased as a turn-key owner-occupier with this supplementary income in place, or with vacant possession for a buyer wanting full control.



Zoned Industrial 2, the site is ideal for light or heavy industrial activities, service industry, warehousing, or a range of other permitted uses. With vacant Industrial 2 land in high demand across the region, this property also offers significant redevelopment potential.



A rare chance to secure a versatile, income-producing industrial asset in one of Marlborough’s premier business locations.



Key features

• Secure 3,106sqm (more or less) site with 204sqm (more or less) workshop, offices, and dual-access layout for flexible operations
• Current container and vehicle storage income of $56,000 plus GST, with potential to exceed $75,000 plus GST at full capacity
• Prime Industrial 2 zoning in Cloudy Bay Business Park with immediate occupancy or redevelopment options

For Sale by Negotiation plus GST (if any)



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

Listing ID: 43093123

Modern Freehold & Diverse Income Streams

Presenting 191 King Edward Street, South Dunedin-a modern freehold commercial investment positioned on two titles comprising approximately 826m² in the heart of South Dunedin's established retail and commercial precinct. With a passing rental of $111,300 net per annum plus GST, this quality investment offers diversified income from a mix of office, service retail, and commercial tenants. The property has been held by the current owners for more than 30 years, having re-developed the site in 2013 and offers upside with potential to re-tenant a part of the premises or potentially develop this area.

Constructed in 2013, the main building comprises a modern two-level commercial complex with triple street frontage, excellent exposure, and substantial onsite parking. At the rear is an older single-storey building (circa 1970s), presenting value-add and redevelopment potential, along with a separate garage that has been converted into office space fronting Glasgow Street.

The building sits in a prime central location along South Dunedin's main commercial strip. It is positioned directly near other major brands like BNZ, ANZ, Westpac, NZ Post, Pak'nSave and The Warehouse. Additionally, it benefits from excellent foot traffic and visibility due to its proximity to the recently completed Te Whata o Kaituna / South Dunedin Community Library located at 148 King Edward Street.

The property is currently leased to six commercial tenants, including an international hearing specialist, a longstanding national finance and lending provider, an accountancy firm, an international scientific and medical distribution company, a local roofing business, and a well-established dry-cleaning operator. The dry-cleaning tenant will vacate at the end of August, creating an opportunity to re-lease, redevelop, or repurpose approximately 140m² (more or less) of vacant space. Full lease details are available on request.

Modern office and service retail investments of this calibre rarely become available in South Dunedin and continue to attract strong tenant demand from businesses seeking a high-profile location close to their customer base. The forthcoming vacancy further enhances the property's appeal by providing immediate flexibility for investors to increase income, reposition the space, or unlock future development potential. This represents an outstanding opportunity to secure a premium commercial investment with diversified income, future upside, and a proven history of reliable performance.

Key selling points:

• Current net rental income of approximately $111,300 per annum plus GST, with future rental upside to circa $122,000 PA net or higher.
• Freehold land area of approximately 826m² (more or less) across two titles.
• Prominent, high-profile location in South Dunedin.
• Well-configured tenancy sizes ranging from approximately 60-80m².
• Each tenancy is independently metered and includes its own amenities.
• Modern, quality fitouts throughout with low-maintenance construction.
• Established tenant mix with an excellent leasing history.
• 12 onsite car parks, with seven parks currently leased to tenants.
• Lease structures include regular rental review provisions.
• Approximately 140m² of vacant space available from the end of August, providing options to lease, redevelop, or add value.
• Zoned: Principal Centre under the 2nd Generation District Plan

Enquire now for a comprehensive Information Memorandum and supporting documentation.

Enquiries over $1,600,000 plus GST if any

Listing ID: 43093137

NEARLY 2,000 SQM OF FLOOR AREA

Here is an opportunity to acquire a sizable property comprising of three versatile units in a highly convenient location 3 minutes to the Kerikeri CBD.

Offering a combined lettable floor area of 1,937m² (approx.), the property provides a diverse mix of large warehouse, workshop and office spaces. The property is further enhanced by a truck wash station, extensive concrete/metalled yard areas, and excellent vehicle access, providing the functionality and flexibility required for business operations.

The three units are expected to be vacant towards the latter part of 2026, providing an attractive opportunity for an Owner Occupier to secure the property with vacant possession. The property’s configuration also allows for up to three separate, self-contained tenancies. Investors can take advantage of the property’s potential for multiple income streams, while Owner Occupiers have the flexibility to occupy one or more units and lease the balance, creating an attractive combination of business premises and rental income. 

KEY FEATURES:
•    Large scale lettable floor areas
•    Multiple warehouse, workshop and office areas
•    Truck wash station
•    Large concrete and metalled yard areas
•    Potential for up to three separate tenancies 
•    Owner Occupier opportunity
•    Close proximity to the Kerikeri CBD

For Sale
$2,250,000 + GST (if any)

For more information or to view, contact us now!