Commercial property for sale

Listing ID: 43155755

Papamoa Road Front Unit

Unit 1, 38 Ashley Place sits at the entrance of Artisan Park with direct road frontage, making it one of the most prominent and easily accessible units in this well regarded Papamoa commercial and light industrial complex. The complex accommodates a good mix of business types and benefits from drive around access throughout.

At approximately 169m², the unit comprises a high stud warehouse, ground floor office and first floor lunchroom, offering a practical layout suited to a wide range of commercial uses. The tenant has recently renewed their lease for a further three years, returning a current net rental of $34,828.50 plus GST and OPEX per annum and providing incoming purchasers with secure and immediate income.

Offering both strong street presence and established income, this property is a standout within the Artisan Park development.

Contact Rich or Chantalle for more information today.



Features:

• Current net rental $34,828.50 + GST and OPEX
  
• Direct road frontage and high profile position
  
• Approximately 169m² floor area
  
• High stud warehouse
  
• Drive around access throughout the complex
  
• Commercial zoning
  

For Sale by Asking Price of $650,000 + GST (if any)

Listing ID: 43158708

Prime position, Mainstreet gem

A rare opportunity to secure an established commercial investment in the heart of thriving Whangamatā.

Positioned prominently on Port Road, 636A benefits from excellent main-street exposure, strong pedestrian activity and a highly sought-after central location. The property offers an attractive combination of an established long-term tenant, a compact and easily managed footprint, and future redevelopment potential.

Whangamatā is a tightly held and highly desirable coastal community, supported by a strong permanent population, substantial holiday-home ownership and significant visitor activity throughout the year. Quality commercial properties in the town are rarely offered to the market, making this a compelling opportunity to secure a foothold in an established and sought-after location.

A straightforward investment proposition, underpinned by an established long-term tenant (over a decade in occupation) and a prominent position within Whangamatā's commercial centre.

Its compact size provides broad appeal, particularly for investors seeking an accessible commercial asset without the scale or complexity of a larger property. The property is equally suited to experienced commercial investors, local business owners, farmers, and holiday-home owners to diversify their property portfolio.

Beyond the existing income stream, the property offers future potential through its prominent location and underlying development opportunity. The combination of established tenancy, strong visibility, manageable investment size and long-term potential makes this a particularly attractive commercial offering.

The premises are well presented, with modern glazing, strong street frontage, and a highly adaptable layout suitable for a variety of retail or service operators.

• Prime Port Road location in Whangamata’s retail and hospitality hub
• Fully leased with tenant in occupation
• Lease structure: 3 x 3 x 3 years – tenant has exercised the second term
• Established operator
• Functional, well-presented retail premises with excellent exposure
• Rear access for stock and services

636A Port Road occupies a prime position in the heart of the town’s commercial hub, enjoying excellent visibility and steady foot traffic from both locals and the constant influx of holidaymakers.

Auction (unless sold prior)

Listing ID: 43159179

Prime location property auction

A rare opportunity in the heart of Dunedin’s busy hospital precinct!

An exciting opportunity is coming to market with the upcoming auction of 213 and 233 Castle Street, Dunedin, offering a substantial 965m2 block of prime real estate in a high-profile location.

The property at 213 Castle Street, also incorporating street numbers 215, 216 and 217, has been zoned by the Dunedin City Council for Commercial, Industrial and Residential use, offering exciting potential for a range of future possibilities, subject to the relevant consents and requirements.

Positioned in the heart of the busy hospital area, this is an opportunity for investors, developers and business owners to secure a substantial parcel of land in a sought-after central location.

After more than 45 years in business, the Instone family have made the decision to sell, bringing this long-established property to the market.

AUCTION DETAILS

• Property: 213 and 233 Castle Street, Dunedin
• Land area: 965sqm
• Zoning: Commercial / Industrial / Residential
• Auction date: Thursday, 3 December 2026
• Auction time: 3:00pm
• Venue: Dunedin Leisure Lodge, 30 Duke Street, North Dunedin

With its central location, multiple zoning classifications and range of potential uses, this is an opportunity not to be missed.

Contact Bill for details!

Listing ID: 43159330

5,587sqm freehold Airport land

*SOLE AGENCY*

Key features:

• Development ready 5,587sqm (more or less) industrial land
• Vacant possession, ideal for owner-occupiers
• Regular-shaped site providing flexibility for future development or occupation
• Business – Light Industry zoning
• Strategically positioned within the tightly held Airport industrial precinct

A rare opportunity for owner-occupiers to secure a substantial freehold industrial landholding in one of Auckland’s most sought-after industrial locations. Comprising 5,587sqm (more or less), the regular-shaped site provides an excellent platform for businesses looking to establish a purpose-built facility tailored to their operational requirements.

Offered with vacant possession, the property provides flexibility for future development and occupation. Industrial land available for purchase within the Airport precinct is increasingly scarce, making 81 Pavilion Drive a compelling opportunity for businesses seeking to secure their long-term property requirements in this well-established location.

Please contact the agents below for more information or to arrange a viewing.

Sunil Bhana
+64 21 938 660
sunil.bhana@bayleys.co.nz

Greg Hall
+64 21 023 21884
greg.hall@bayleys.co.nz

Listing ID: 43159426

Flexible Acquisition Options

77 Hillside Road and 4, 6 & 8 Waverley Street present a rare opportunity to acquire a strategically located commercial and industrial property holding within one of Dunedin's most tightly held precincts. Situated on a prominent corner site with extensive frontage to both Hillside Road and Waverley Street, the properties provide significant owner-occupier, investment and redevelopment potential.

The offering comprises multiple commercial and industrial buildings situated across four individual properties. The opportunity exists for purchasers to acquire the properties either individually or collectively.

With freehold ownership, flexible acquisition options, strong owner-occupier appeal, development potential and a highly visible location within a proven location, 77 Hillside Road and 4, 6 & 8 Waverley Street represent an attractive opportunity to secure a substantial South Dunedin landholding with multiple pathways to create future value.

Surrounded by a mix of established commercial, industrial, and trade occupiers, the property occupies a strategic position within one of Dunedin's most recognised and tightly held precincts. The offering benefits from mixed use zoning (being Commercial and Industrial zones), and being located in close proximity to major occupiers including Kmart, Mitre 10 MEGA, The Warehouse, Woolworths, Pak 'n' Save, Bunnings, McDonalds, Burger King, Southern Motor Court, and many more.

Property Highlights:

• Total site area of 1,165m² (more or less)
• Mixed zoning advantage - Principal Centre & Industrial
• Profile corner position
• Popular commercial and trade precinct
• Four freehold properties available individually or collectively (5 titles)
• Substantial landholding with extensive dual-street frontage

For Sale by Deadline Private Treaty closing Wednesday 25 November 2026 at 4pm (unless sold prior).

Contact the nominated brokers for more information.

Listing ID: 43159539

High Street, High Appeal – 6.93% Yield

181 High Street presents investors with an established commercial investment in Blenheim, combining a long-standing tenant, rental income and versatile office accommodation on a substantial freehold site.



Occupying a 1,012sqm (more or less) landholding, the property comprises 189sqm (more or less) of office accommodation, complemented by a separate 25sqm (more or less) garage providing additional storage.



The property is leased to established surveying firm Gilbert Haymes & Associates, which has occupied the premises since 2017. Currently generating $65,136.92 plus GST and outgoings annually, the property is offered for sale at $940,000 plus GST (if any), representing a 6.93% net yield at the asking price.



A new five-year lease term commences 1 November 2026, with two further five-year rights of renewal.



The functional layout includes a welcoming reception area, two large office areas, five general offices, a staffroom, bathroom facilities and multiple storage areas. An accessibility ramp provides access to the entrance, while onsite staff and customer parking is complemented by additional on-street parking.



With an established tenancy, substantial freehold landholding and convenient onsite parking, 181 High Street offers investors an opportunity to secure an income-producing commercial property in Blenheim.



Key features

• Established tenant generating $65,136.92 plus GST and outgoings annually
• New five-year lease term with two further five-year rights of renewal
• 1,012sqm (more or less) freehold site with onsite parking

For Sale $940,000 plus GST (if any)



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

Listing ID: 43159585

Established Supermarket on new 10-year lease

• Supermarket investment in established and popular location
• Returning $840,000 + GST on new 10-year lease term
• Underpinned by 8,771sqm freehold land zoned Business – Metropolitan Centre
• The ultimate hands-off trophy investment as a land play

This established supermarket investment forms part of the Roseland Shopping Centre in Papakura. The property is fully leased on a new 10-year term to General Distributors Limited, a subsidiary of the ASX listed Woolworths Group. Returning
$840,000pa + GST, the property also benefits from having long term add value potential.

Consideration must also be given to the underdeveloped 8,771sqm (more or less) freehold site, which benefits from an intensive Business - Metropolitan Centre zoning, allowing for a range of commercial and residential development options.

Listing ID: 43159587

CBD Prestige - Top office floor

• Impressive 186sqm full-floor freehold office with 75% seismic rating
• Character-filled premises in one of the CBD's most iconic commercial buildings
• Prestigious position in the heart of the financial and legal precinct
• Short walk to Britomart, Waterfront, Queen St, CRL and multiple parking options
• Ideal opportunity for owner-occupiers or add-value investors

Occupying the coveted sub-penthouse floor of the iconic South British Insurance Building, this exceptional 186sqm (approximately) freehold office with 16sqm balcony, presents a rare opportunity to secure a full-floor presence in one of Auckland CBD's most distinguished character buildings.

Positioned at the intersection of Shortland and High Streets, moments from Queen Street, the property sits at the heart of Auckland's legal and financial precinct, surrounded by an abundance of premium hospitality and amenity offerings. Excellent transport connectivity, nearby parking facilities, Britomart, Commercial Bay and the Ferry Terminal further enhance the appeal.

A landmark address for businesses seeking character, prestige, and position.

Listing ID: 43159605

Kingsland standalone opportunity

• Extensively refurbished 372sqm (approximately) standalone building
• 372sqm (more or less) freehold landholding zoned Business – Mixed Use
• Partly tenanted, returning $80,628pa + GST (net)
• Occupy, invest or unlock further value

An outstanding opportunity to secure an extensively refurbished, architecturally designed and immaculately presented two-level standalone building.

With strong street presence, excellent onsite car parking and a versatile layout, the property is ideal for an owner-occupier seeking a high-profile premises to impress clients and provide an appealing working environment for staff. Existing rental income assists with debt servicing, while the vacant space offers flexibility to occupy or tailor to your business requirements.

For investors, lease the remaining vacancy to establish a diversified, multi-tenanted income stream and unlock further value through improved occupancy and rental growth.

Located within walking distance of Kingsland Train Station and moments from Auckland’s CBD, the property benefits from excellent connectivity and established local amenity. A standout opportunity to occupy, invest and add value. Don’t miss it.

Listing ID: 43159639

Parnell trophy corner site

• 986sqm (more or less) freehold corner site - three street frontages
• Two buildings returning approximately $394,526pa + GST
• Value-add opportunity - diversified income with scope to enhance rental returns
• Future redevelopment potential - Business Local Centre zoning in the heart of Parnell Village

Prominently positioned opposite Heard Park, this strategic corner holding occupies a prime position in the heart of Parnell Village. The two buildings provide diversified rental income, with scope to unlock further value through rental growth, refurbishment, or future redevelopment.

Within walking distance of Parnell Train Station and moments from the CBD, the property benefits from a highly desirable city-fringe location and the long-term potential of its Business - Town Centre Zoning.

Trophy corner holdings of this calibre are exceptionally rare, presenting a significant opportunity to secure a landmark position in one of Auckland’s most tightly held commercial precincts.

Offered for sale by International Tender, individually or together.

Listing ID: 43159916

Hobsonville medical - 15-year lease

Hobsonville medical 15 year lease for sale - an attractive investment opportunity.

An exceptional opportunity to secure a modern, high-quality medical investment in one of Auckland's fastest-growing residential catchments.

Completed in 2024, this medical facility is leased to Infinity HealthGroup Limited, an established healthcare operator with multiple locations. The property benefits from a 15-year lease commencing in April 2024, with two further five-year rights of renewal extending through to 2049.

Currently returning $306,773.14 net per annum + GST and outgoings, the rental income will increase to $315,976.33 net per annum from April 2027. The lease incorporates fixed 3% annual rental increases, complemented by five-yearly market rent reviews, offering investors predictable rental growth and long-term income stability.

Strategically positioned on prominent Hobsonville Road, the property benefits from excellent exposure, convenient motorway access and proximity to Westgate and NorthWest Shopping Centre. The surrounding Hobsonville and West Harbour areas continue to experience substantial residential growth, supporting ongoing demand for essential healthcare services. The medical centre operates a convenient seven-day walk-in service, complemented by an on-site pharmacy and other healthcare providers, creating an established and accessible healthcare destination.

The modern 2024 construction minimises anticipated near-term capital expenditure, making this an attractive, low-maintenance investment opportunity.

Key investment highlights:

• 15-year lease with two further five-year rights of renewal
• 3% fixed annual rental increases plus five-yearly market reviews
• Net income increasing to $315,976.33pa from April 2027
• Modern 2024-built medical facility with ten (10) allocated car parks
• Strategic high-growth Hobsonville location with excellent accessibility

A compelling opportunity to acquire a modern healthcare investment offering secure passive income, built-in rental growth and long-term investment fundamentals.

Listing ID: 43159971

Savills – Affordable And Vacant In Penrose

For Sale by Deadline Private Treaty – Closing 4:00pm, Thursday 26 November 2026 (unless sold prior)

Savills New Zealand is pleased to exclusively present 7 Prescott Street, Penrose – an excellent opportunity to secure a freehold industrial property in one of Auckland’s most tightly held and strategically positioned industrial precincts.

Positioned on an 809sqm freehold site, the property comprises approximately 622sqm of functional improvements and is being offered with vacant possession, providing flexibility for both owner-occupiers and investors. Whether you are seeking a centrally located operational base, an investment opportunity or a property with future development potential, 7 Prescott Street offers an affordable entry into the sought-after Penrose industrial market.

Originally constructed in the 1960s and progressively adapted to suit operational requirements, the property features a large warehouse accessed via two roller doors, offering the potential to create a multi-tenancy configuration through the installation of an internal dividing wall. The medium-stud warehouse is complemented by functional office and amenity areas, providing a practical layout for a range of industrial users.

Situated within a well-positioned cul-de-sac, the property offers a relatively private and low-traffic setting while maintaining excellent accessibility for staff, customers and service vehicles. Located just off Penrose Road and Great South Road, the property provides convenient access to State Highway 1 and proximity to SH20, connecting seamlessly with neighbouring industrial hubs including Onehunga, Mount Wellington and Ellerslie. Auckland CBD is approximately 11km to the north, while Auckland Airport is easily accessible via the Southwestern Motorway. Nearby train stations and public transport options further enhance connectivity.

Penrose continues to be one of Auckland’s most established and desirable industrial locations, underpinned by strong occupier demand and limited available industrial land. With its central positioning, freehold ownership and vacant possession, 7 Prescott Street presents an attractive opportunity to secure an affordable foothold in this tightly held market.

Contact the sole agents today to arrange an inspection.

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

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

Listing ID: 43159998

A perfect mix of securities

• Geographically defensible self-storage facility in Auckland’s affluent central suburbs
• Fully occupied with structured, market and performance growth
• WALT (excluding storage component): 8.45 years by income

Auckland’s drive to higher density housing and the rapid growth in apartment and townhouse numbers is creating enduring demand for convenient and secure offsite storage solutions. 43 College Hill offers a unique combination of flexible self-storage, specialised temperature and humidity-controlled wine storage, exclusive wine bar and restaurant plus high-security safety deposit boxes. In addition, there is long-term complementary passive income stream from advertising and telecommunication networks.

Fully refurbished and repurposed just two years ago and still in its trade-up phase, the property is exceptionally well positioned to become the go-to storage and wine cellar facility for the CBD, Wynyard and Viaduct apartment precincts, as well as the affluent suburbs of Freemans Bay, Ponsonby and Herne Bay.

Call today for further information. Inspections are strictly by appointment only.

Listing ID: 43164530

Northbank Business Park - Buy, Build or Lease

NORTHBANK BUSINESS PARK | READY TO BUILD, READY FOR BUSINESS

Ōtaki, Kāpiti Coast | Freehold Industrial Land – Buy, Build or Lease

If you're considering industrial land in the greater Wellington region, Northbank Business Park in Ōtaki deserves to be at the top of your list.

Offering an exceptional combination of location, presentation, accessibility and flexibility, Northbank provides a genuine opportunity for businesses, owner-occupiers and investors looking to secure their next industrial property.

With freehold sites ranging from 794sqm to 5250sqm, titles issued and fully serviced, level platforms ready for development, the hard work has already been done. Whether you're looking to build now, secure land for future expansion, establish a secure yard or explore a purpose-built leasing solution, Northbank offers options to match your requirements.

Why Northbank?

• Ready to go – Titles issued, serviced sites ready for development.
• Location that delivers – Excellent access to SH1, Wellington and the lower North Island.
• Presentation that stands apart – Level, compacted hard-fill sites with established infrastructure.
• Land to match your needs – Flexible freehold sites from 794sqm to 5250sqm.
• Secure yard options – Ready-to-use yards with fully secured options available.
• Competitive pricing – From only $360,000 + GST (if any) for a 794sqm freehold lot.
• Flexible purchase terms – Potential for flexible deposit and settlement arrangements, subject to agreed terms and conditions.
• Buy, build or lease – Freehold ownership or tailored design-and-build leasing solutions.
• Value for money – An affordable alternative to established Wellington industrial locations.

Your Next Move Starts at Northbank

Finding industrial land that combines location, infrastructure, development flexibility and immediate availability isn't always straightforward.

At Northbank, the opportunity is here now.

Whether you're planning a new warehouse, workshop, distribution facility, ready-to-use secure yard or future business expansion, Northbank offers flexible solutions to suit your requirements, with fully serviced sites, secure yard options and infrastructure already in place.

We encourage you to inspect Northbank before committing elsewhere.

Contact the sole agents at Bayleys Wellington today to arrange a site inspection, review available sections and discuss how the developers can structure an opportunity to suit your requirements.

Listing ID: 43164712

Quality Commercial Disposal

Here's an opportunity to secure two levels of freehold commercial space in the heart of Te Awamutu's commercial precinct. The property allows for off street car parking and a mix of open plan and separate offices, meeting or training rooms and storage. Each floor features separate amenities and lunchrooms/kitchenettes allowing for multiple occupancies. The property is now excess to the vendor's requirements with all offers and expressions of interest invited. 

Call the sole agents for more information or to arrange an inspection. 

For sale by Deadline Private Treaty closing 3pm Wednesday 9th December 2026, unless sold prior.

Features:

• Total land area of 1,740 square metres (more or less)
• Total floor area of 1,448 square metres
• Off street car parking with potential to increase
• Includes lift access to first floor
• Potential for multiple tenancies

More information: https://www.colliers.co.nz/p-NZL67043069

Listing ID: 43164861

Location plus Motivation = Opportunity!

• Total floor area of 261sqm (approx.) incorporating warehouse, office and kitchenette
• Front reception/office with mezzanine lunchroom
• Central Frankton location
• Off street parking
• Vacant possession

NAI Harcourts are pleased to present to the market 24B Lake Road, Frankton. Consisting of a total floor area of 261sqm, incorporating warehouse, office and kitchenette. This is an exceptional opportunity for an owner occupier or investor to purchase a well-maintained unit in a desirable, central location.

This high stud warehouse boasts excellent natural light and two levels of office and amenities. Its versatile layout is perfect for a wide range of businesses looking for both storage and manufacturing space. Central Frankton is a tightly held precinct with a strong tenancy record. Call today to view this opportunity.

Listing ID: 43165009

Invest in Hospitality

• Well established tenant - Royal Indian Restaurant
• High foot traffic location near Coupland's Bakery, Domino's Pizza and Pizza Hut
• Currently returning $42,000pa plus GST & Outgoings
• New 3-year lease in place
• Upside potential
• Shared use of on-site car parks

A rare opportunity to secure a well-positioned commercial property in the heart of the busy Davies Corner precinct. With Chartwell Shopping Centre to the north and Five Cross Roads to the south, this property is located next to a number of retail outlets, contributing to both pedestrian and vehicle traffic in the area.

Listing ID: 43165032

Hangar 1, 192 Airport Drive, New Plymouth Airport

A modern Hangar, first in line at the New Plymouth Airport, most recently occupied by a Helicopter Training School. 

With its specialist aviation infrastructure and direct taxiway connectivity, this represents a distinctive opportunity for aviation operators, aircraft owners or related businesses seeking a significant presence at New Plymouth Airport.

Constructed in 2006 with a NLA of 429 m² including 281 m² clear-span warehouse / aircraft hangar with a 4.5 metre stud at the apex with four sliding doors providing access to the grass taxiway and a concrete apron of approx. 224 m².

Occupying a 992 m² leasehold site, recently renewed ground lease with rights of occupancy extending to 31 July 2046.

Expressions of Interest.

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:

• NLA: 429 sqm (approx.)
• 4.5 m stud height
• 224 sqm concrete apron
• Direct access to taxiway
• Approx. 992 m² ground-lease area
• Ground lease expiry: 31 July 2046
• Current ground rent $14,500 p.a. + GST.

More information: https://www.colliers.co.nz/p-NZL67043153

Listing ID: 43165182

PARNELL FREEHOLD | INCOME NOW. OPTIONS FROM 2027

JLL is pleased to offer 22 Garfield Street, Parnell, a standalone freehold character office, with the current lease expiring on 30 April 2027.

The property comprises approximately 399 sqm of refurbished character office accommodation on a 450 sqm freehold site. The building features high-stud open-plan workspace, a meeting room, kitchenette, bathroom with shower, separate accessible WC and two mezzanine levels, together with on-site parking.

Currently leased to Andrew Patterson Limited, the property provides rental income through the remaining lease term, with the April 2027 expiry presenting opportunities for investors, future owner-occupiers and buyers considering refurbishment or re-leasing.

The property is zoned Business - Mixed Use, providing for a range of commercial and residential activities, subject to applicable planning controls. Proposed Plan Change 120 also identifies a potential 50m* Height Variation Control.

Located in the established Parnell commercial precinct, 22 Garfield Street offers purchasers an income-producing freehold property with the ability to consider alternative occupation or investment strategies from 2027.

Key features

• Lease expiry 30 April 2027
• 450 sqm freehold site
• 399 sqm character office
• Six on-site car parks
• Business - Mixed Use zoning
• Proposed 50m PC120 height mapping

For sale by Deadline Private Treaty closing at 4pm Tuesday, 8 December 2026, unless sold prior.

Contact the sole agents for further information or organise a viewing.

Areas approximate. Proposed PC120 provisions are not operative. Future use or development is subject to planning, title, technical and feasibility investigations.

Listing ID: 43165324

2,850 sqm High Stud Industrial at Spedding Estate

Building 1

One of four new industrial units available for sale or lease, with a target completion date of March 2028. Being developed by reputable developer KEA Property Group, the units have been designed to maximise functionality, featuring high-stud heights of 10 metres in three units and 11 metres in the larger Building 1 – a rare feature for buildings of this size.

The office/showroom space is split across two floors, while all units feature a breezeway or canopy and a generous allocation of car parks. Ease of truck access has also been carefully incorporated into the development.

These well-designed, small to medium-sized industrial units will enable a wider variety of businesses to take advantage of the booming Spedding Road estate in Whenuapai. The properties will appeal to both investors and owner-occupiers, particularly given they will have freehold titles, with no body corporate constraints or unnecessary costs.

• 2,850sqm total floor area
• 1,950sqm warehouse with 11m stud height at portal knee
• 400sqm office/showroom across two floors, air conditioning throughout
• 500sqm breezeway
• 31 car parks
• For sale and for lease, fee simple title

Contact the listing agents for more info,

David Mayhew
+64 21 480 289
david.mayhew@savills.co.nz

Luke Goldstone
+64 21 147 7400
luke.goldstone@savills.co.nz