Commercial property for sale

Listing ID: 43054762

Dual industrial opportunity | buy one or both

• Buy one or secure both
• Vacant possession at 30-32 Mihini Road
• Flexible leaseback at 34-36 Mihini Road
• Combined landholding of 2,662sqm (more or less)
• MPI-certified 40ft container drop at 34-36 Mihini Road

A rare opportunity to acquire one or both adjoining freehold industrial assets in the tightly held Henderson industrial precinct. 30-32 and 34-36 Mihini Road are available individually or together, offering flexibility for owner-occupiers, investors, and add-value purchasers.

The properties total a combined 2,662sqm (more or less) landholding. 30–32 Mihini Road is offered with vacant possession, ideal for immediate occupation or leasing, while 34-36 Mihini Road benefits from a flexible leaseback and provides MPI-certified 40ft container drop capability.

Both assets feature functional industrial improvements with generous yard areas and on-site parking, a rarely available combination in this established West Auckland location. Strategically positioned with easy access to Lincoln Road and the North-Western Motorway, the properties benefit from strong occupier demand underpinned by historically low vacancy.

Listing ID: 43054781

Tenanted Investment with Space to Occupy

Well-appointed partially leased office building of 553m2* over 2 levels.

The ground floor of 277m2* is split into two separate professional tenancies, which is fully leased to two tenants and is returning $58,496.50pa + GST + outgoings.

The first floor of 276m2* is currently vacant, giving you the opportunity to occupy the first floor and collect the rent from the two ground floor tenants, to help pay your mortgage. Alternatively, lease out the vacant floor and own it as a fully tenanted investment property.

The first floor offices are fully fitted out and includes a reception, a large open plan area in the centre with several separate offices and a boardroom around the side. This space enjoys plenty of natural light and opens out onto a sunny north west facing deck area of 33m2*. An ideal space to entertain on, for after work drinks or to enjoy your morning coffee.

An excellent location just off Wairakei Road being close to the main arterial routes of Memorial Avenue and Russley Road (SH1) and only minutes from the Russley Golf Course and Christchurch International Airport.

Advantaged by having a seismic rating of 70% NBS and a generous carparking area with a total of 13 onsite car parks, 6 carparks of which are allocated to the vacant first floor.
(*approx.)

Call joint sole agent Paula Raine on 027 221 4997 for further information and to arrange your inspection.

Deadline Sale Closing 4pm on Thursday 25th June 2026 at RWC (Ray White Commercial) Christchurch, Level 2, 76 Hereford Street, Christchurch (unless sold prior)

https://rwcchristchurch.co.nz/

Listing ID: 43054784

Prime Marine Parade Opportunity

Positioned on iconic Marine Parade, this property presents a rare opportunity to secure a high-profile accommodation investment in one of Napier's most sought-after waterfront locations.

Currently operating as a backpackers accommodation business, the property features 11 bedrooms and 6 bathrooms, offering exceptional flexibility for investors, accommodation providers or those looking to explore future possibilities in a premium coastal setting.

Located just a stone's throw from Napier's vibrant CBD, guests and visitors can enjoy easy access to cafes, restaurants, shopping and local attractions, while taking in the stunning outlook across the Pacific Ocean from this enviable Marine Parade address.

The combination of scale, location and captivating sea views makes this a truly compelling opportunity in the heart of the city.

Property Features:

• 11 bedrooms
• 6 bathrooms
• Currently operating as backpackers accommodation
• Exceptional Marine Parade position
• Spectacular Pacific Ocean views
• Walking distance to Napier CBD
• High-profile and tightly held location
• Opportunity for investors or alternative accommodation uses

To be sold via deadline sale with the deadline date being 4pm Wednesday June 10 , 2026

Opportunities in this location are seldom available - contact us today to arrange your private inspection.

Listing ID: 43054816

LONG LEASE TO UNICHEM PHARMACY

Auction: 33 Kerikeri Road, Kerikeri on Thursday 25 June 2026 at 1:00PM (will NOT be sold prior)

Secure a standout retail investment in the heart of Kerikeri with this high-profile corner commercial property located at the intersection of Kerikeri Road and Homestead Road, right at the entrance to the town’s busy one-way system. Offering exceptional exposure to both vehicle and pedestrian traffic, this is a rare opportunity to acquire a premium CBD asset with an A-grade tenant.

 The building is securely leased to Unichem Pharmacy, who have recently renewed their commitment to the site with a new six-year lease, providing investors with strong tenant security and reliable income. The tenant also leases the neighbouring two units, and in recent years has done extensive renovations showing their commitment to the premises.

Constructed in durable concrete block, the well-maintained two-storey building comprises of 103.6m² of ground floor retail together with 103.6m² of first floor office space. Two rear staff carparks are accessed via the service lane connecting to Homestead Road, while extensive nearby public and on-street parking ensures excellent accessibility for customers and staff alike. 

Commercial investment opportunities of this calibre within Kerikeri’s CBD are seldom available. Combining premium exposure, a secure established tenant, and long-term strategic value, this property presents an outstanding opportunity for investors seeking a quality retail holding in a proven growth location.

KEY FEATURES:
•    Established tenant: Unichem Pharmacy
•    New six-year lease providing long-term tenant security
•    Two-storey concrete block building
•    Total floor area: 207m² (approx.) 
•    Exceptional location within Kerikeri’s vibrant CBD
•    High profile corner site 
•    Excellent road frontage and exposure to vehicle and foot traffic

For Sale By Auction (unless sold prior) + GST (if any)
25 June 2026 at 1pm, 33 Kerikeri Road, Kerikeri – Barfoot & Thompson Branch

For more information or to view, contact us now!

Listing ID: 43054906

Light Industrial Investment with Upside

Positioned in one of Hastings’ tightly held light industrial precincts, 300 Victoria Street presents an outstanding opportunity for both owner occupiers and investors.

Occupying a prominent corner site on Victoria Street and Warren Street North, this well-maintained industrial property sits on a 607m² freehold site with a combined floor area of approximately 379m² across two modern warehouse units constructed in 2004 and 2005.

Unit 1 is 176m² and is currently vacant, providing immediate flexibility for owner occupiers or the potential to secure additional rental income. The warehouse has a stud height of approximately 3.68 metres rising to 4.9 metres, with roller door access to Warren Street North. The tenancy also includes partitioned office space, amenities, and functional warehouse/ storage.

Unit 2 is leased to Realcold NZ Limited, who have recently renewed their lease for a further two years commencing 1 May 2026, returning a net rental of $21,155.40 plus GST per annum. This 203m² warehouse has a stud height of approximately 3.4 metres rising to 5 metres, and roller door access off Victoria Street.

300 Victoria Street presents an exceptional opportunity in one of Hastings’ established industrial locations.

For sale by Deadline Private Treaty closing Tuesday 23 June 2026 at 2pm (unless sold prior).

Contact Calum Ironside and Danny Blair for further information or to arrange a time to view.

Listing ID: 43057399

High yielding investment with rental upside

Colliers is proud to present this exceptional leased industrial investment to the market for genuine sale. Held by the current owners for nearly 30 years, the property is now offered with clear instructions to sell.

The property presents an array of opportunities, with potential rental upside, value add possibilities and an established tenant who has just renewed their lease. The current lease term has been renewed for 4 years from November 2025, with further rights of renewal. The rental increases to $187,835 + GST + OPEX from 1 November 2026.

The property lies on a substantial freehold site, with easy access, ample yard space and car parks. The improvements consist of a large, functional warehouse with multiple roller doors and a 3 Tonne gantry crane. Further improvements include a recently constructed, detached office block containing modern office accommodation, good staff amenities and kitchen / lunch room.

The site is located in Christchurch's city fringe suburb of Woolston, with easy transport links to the Port, Southern Motorway and CBD.

This leased investment offers investors strong passing income with potential rental upside.

Call the sole agents to request further information or to arrange a viewing

For sale by Deadline Private Treaty closing 4pm, Thursday 25 June 2026 (unless sold prior).

*Boundary lines are indicative only.

Features:

• Leased investment with upside
• High yielding opportunity
• Established tenant
• Passing income: $187,835 + GST + OPEX from 1 November 2026
• Functional improvements
• Gantry crane

More information: https://www.colliers.co.nz/p-NZL67040277

Listing ID: 43057402

Entry level investment with upside

Colliers are pleased to present this entry level leased investment to the market for sale. After a long period of ownership, the vendor have given clear instructions to sell. The property is occupied by a long standing tenant. The investment offers potential rental upside in years to come.

The property presents an opportunity for entry level commercial investors to secure an asset with a quality tenant in a proven industrial location. The site is leased to well known Christchurch business and pay a current passing rental of $84,150 + GST ( gross ) per annum.

The buildings underwent repairs and refurbishment post earthquake and consist of multiple warehouse / work shop bays, offices and staff amenities & kitchen area. The site is further complimented by a large security fenced yard.

The site is located in Woolston, being a short drive to the CBD and well connected to the port and motorway networks.

Call the sole agents to request further information or to arrange a viewing. 

For sale by Deadline Private Treaty closing 4pm, Thursday 25 June 2026 (unless sold prior).

*Boundary lines are indicative only.

Features:

• Land area: 1,334 square metres
• Building area: 770 square metres
• Passing rental: $84,150 + GST ( gross ) per annum.
• Established tenant
• Secure yard space
• Potential rental upside

More information: https://www.colliers.co.nz/p-NZL67040331

Listing ID: 43057463

Affordable Tenanted Commercial Investment

Here's an excellent opportunity to secure this central freehold commercial investment in the heart of Matamata. Comprising two buildings leased to two separate tenants with a total floor area of approximately 543 square metres on a total land area of 1,012 square metres. 

For sale by Deadline Private Treaty closing 3.00pm Thursday the 25th of June 2026 (unless sold prior). 

Contact the sole agency for more information or to arrange an inspection.

Features:

• Central freehold tenanted commercial investment
• Two tenancies with two separate buildings
• Total floor area of approximately 453 square metres
• Annual rent of $56,000 p.a.

More information: https://www.colliers.co.nz/p-NZL67040507

Listing ID: 43058938

$200,000 Income + Seaview home

Central Paihia.  Live Where Others Holiday.

Freehold Going Concern | Prime North-Facing Central Paihia | $2,200,000 + GST (if any)

After 10 fabulous years the current owners are retiring.  Imagine waking up every single morning to breathtaking, panoramic sea views from the private deck, knowing your asset below is completely paying its own way.

Welcome to the Austria Motel, an iconic, highly-rated accommodation establishment sitting proudly on a sun-drenched, north-facing freehold footprint right in the beating heart of Paihia.

Whether you are looking for a strategic lifestyle shift to a coastal paradise, a lucrative semi-retirement venture or a multi-generational family estate, this concrete-built property delivers the ultimate "home and income" package:

Seaviews and a sanctuary: A magnificent, sun-soaked 2/3-bedroom, 2-bathroom owner’s residence boasting sea views over the Bay of Islands.  Bring your own boat to fishing heaven.

 The Cash-Flow Machine: 6 immaculate, well-appointed first-floor studio units plus 2 spacious two-bedroom guest apartments generating reliable nightly revenue.

 Unmatched Location: Literally step out your door and walk to Paihia’s beaches, the wharf, vibrant boutique shops, and world-class dining.

The business model is running smoothly with stellar online guest reviews. Step straight in, enjoy immediate cash flow from day one, and live the ultimate Northland dream.

Opportunities of this scale in a premium coastal location don't last. Contact Hayden Rasmusen  today to receive a confidential information memorandum.

Listing ID: 43058993

Operational ready

This workshop is designed for and ready, for business. Located on Heads Road, 2206 m2 (approx) section, with a 390 m2 (approx) workshop incorporating office, sundry parts storage, amenities rooms plus mezzanine lunch room and more parts storage. Wash-down pad, generous building drive around and expansive rear yard. Tidy and functional layout with 3 x high roller doors, multiple 3 phase outlets and exterior work stations, this modern building and its location will impress. For sale $950,000 plus GST (if any).

Listing ID: 43059001

Tenanted Investment Ready for You Now

CBRE is pleased to present Unit 1, 4 Timothy Place, Wigram to the market for definite sale.

Positioned within the established Wigram industrial precinct, the property benefits from immediate access to the Southern Corridor, providing efficient connectivity to the Port, Christchurch CBD, Christchurch Airport and the wider Rolleston industrial hub.

Key Features:
-Total floor area of approximately 237sqm, comprising warehouse, mezzanine, office (ground and first floor) and amenities
-Well-positioned within a quiet cul-de-sac
-Full-height roller door access
-Two off-street car parks
-Tenanted returning $28,665 per annum + GST + OPEX

*Approx.

Contact the listing agent Paul Lawrence (027 406 7834) for further information and to schedule an inspection.

Listing ID: 43059004

Prime CBD Investment – Anchored by ASB Bank Ltd

Presenting a compelling opportunity to secure a high-profile commercial asset in the heart of the thriving West End Precinct of New Plymouth’s CBD.

The property is 100% leased to five established tenants, anchored by ASB Bank and the Ministry of Justice representing approximately 60% of total rental income.  Generating a net annual rental of $436,421 plus GST with a weighted average lease duration of over 3.5 years following several recent lease renewals and extensions, providing investors with a diversified and reliable income stream. Long-term commitments have recently been secured with key tenants including Hippie Slang which has recently entered into a new 8 year lease with further rights of renewal.

The 1,485 sqm site is improved by a mixed-use commercial building with a high quality mix of retail and office space, providing modern fitouts with a seismic rating of 75% NBS plus 20 on-site car parks.

Strategically located with three frontages in the centre of a highly sought-after pocket of the CBD. Surrounded by a dynamic mix of retail, hospitality, and professional services, and supported by a loyal local customer base, this property represents an outstanding opportunity to secure a well-positioned asset in a sought-after growth location.

For sale by way of Deadline Private Treaty, closing 4PM, Wednesday 1 July 2026 (unless sold prior).

For more information or to arrange an inspection contact:

Benet Carroll
021 028 94537

benet.carroll@colliers.com

Please note: all floor areas are approximated only.
 

Features:

• Net Annual Rental: $436,421 + GST
• Seismic Rating of 75% NBS
• Approx. 60% leased to ASB Bank Ltd and Ministry of Justice
• Built-in annual rental increases
• Robust and diversified tenant mix
• New 8 year lease to Hippie Slang Ltd
• Prime corner location in popular West-End of CBD
• 20 on-site car parks

More information: https://www.colliers.co.nz/p-NZL67039654

Listing ID: 43059098

Priced to sell. Be part of the action!

16 Roe Street presents a strategic industrial opportunity positioned at the centre of Levin's ongoing growth and infrastructure expansion. Benefitting from a uniform land configuration and significant planned roading and infrastructure upgrades throughout the surrounding area, this is a property with genuine long-term upside.

The site is improved by a substantial 776sqm workshop/pole shed facility, complete with power services and positioned on an extensive concrete slab, providing practical utility for occupiers, contractors, storage, transport, or industrial users.

The lot is currently accessed via an adjoining property at 18 Roe Street. The owners of this property have confirmed their interest to sell, allowing purchasers the option for an additional approx. 3,100sqm of industrial land if required.

Adding further flexibility, the property currently generates holding income from an established regional transport tenant, allowing purchasers the ability to develop, landbank, or occupy in the future with flexible timing options.

Positioned to benefit from major investment and growth across the wider Levin industrial precinct, this is an opportunity to secure a functional industrial asset with future upside at a highly competitive price point.

To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/16roestreet

• Uniform title in prime growth location
• Option to acquire adjoining land of approx. 3,100sqm to complete functional landholding as it is currently used
• Sold with existing pole shed and workshop - 776sqm
• Options to develop, land-bank, or occupy
• Holding income of $20,101.96pa + GST

Listing ID: 43059173

Receivership Sale - Major 9.6ha Mixed-Use Site

On behalf of the Receivers, Calibre Partners, Colliers is pleased to present for sale 261, 263 & 265 Morrin Road, St Johns — a substantial and strategically located landholding within Auckland’s established eastern suburbs.

Comprising a predominantly flat 96,121sqm site (approx) with flexible Business Mixed Use zoning, the property presents a rare opportunity to deliver a staged residential, commercial or integrated mixed-use development.

The landholding spans three individual titles and is available either in part or as a whole, offering flexibility for purchasers to acquire individual components or secure a broader, precinct-scale opportunity.

Positioned within a proven growth corridor, the site benefits from proximity to the established Stonefields and St Johns communities, with strong connectivity to Auckland’s CBD, SH1, key commercial and retail hubs, and the Eastern Suburbs’ beaches. The location is further enhanced by an outlook over Colin Maiden Park (a 20-hectare sports complex) and convenient access to amenity including Lunn Avenue, Woolworths St Johns and Pak’nSave.

Existing improvements provide holding income and potential for interim use or repositioning.

Key highlights:

• Large-scale freehold 9.6121ha (approx) landholding in established eastern Auckland location
• Business - Mixed Use zoning supporting a range of development outcomes
• Three titles available individually or together
• Predominantly flat site enabling efficient development
• Strong surrounding amenity and connectivity to CBD and SH1
• Holding income with future repositioning potential

263 Morrin Road is on its own title and includes a substantial office building with significant holding income and value add prospects. 263 Morrin Road has the potential to be purchased individually. For more information on this individual offering please visit – www.colliers.co.nz/p-NZL67040581

The property is offered for sale by International Expression of Interest closing 4pm, Wednesday 1st July 2026 (unless sold prior). Interested parties are encouraged to make contact for further information.

More information: https://www.colliers.co.nz/p-NZL67040477

Listing ID: 43059179

Receivership Sale–Quality Investment with upside

Colliers New Zealand has been exclusively appointed by Calibre Partners, the Receivers of Shundi Tamaki Village Limited (in receivership and administration) to offer for sale 263 Morrin Road, St Johns, Auckland via International Expressions of Interest closing Wednesday 1 July 2026 at 4.00pm.

Positioned prominently on Morrin Road, Building 730 (263 Morrin Road) represents the primary commercial asset within the wider holding and a compelling investment underpinned by both existing income and future leasing upside. The substantial four-level building provides approximately 10,115sqm of net lettable area on a 6,428sqm site and currently returns circa $1.29 million per annum, supported by a diverse mix of commercial and service-based tenants.

Originally developed for the University of Auckland and completed in 2004, 263 Morrin Road is constructed to a high institutional standard, featuring reinforced concrete construction, expansive floorplates, and generous common areas including large atrium-style lobbies, function spaces and integrated amenity. The scale and quality of these improvements position the asset well for continued commercial use, owner-occupation or repositioning over time.

Importantly, Building 730 presents clear value-add potential through active leasing and asset management, with a meaningful vacancy component and the flexibility to enhance income profile as the surrounding precinct evolves. With its strong profile to Morrin Road, established infrastructure and existing cashflow, the property offers a rare opportunity to secure a high-quality commercial investment with re-leasing upside within one of Auckland’s most significant urban regeneration corridors.

Key highlights:

• High-spec office comprising 10,115sqm of net lettable area
• Business - Mixed Use zoning supporting a range of development outcomes
• Repositioning upside available
• Close proximity to train and public transport
• Strong surrounding amenity and connectivity to CBD and SH1
• Land area of 6,428sqm

263 Morrin Road is on its own title and forms part of a wider Receivership sale which includes 261, 263 & 265 Morrin Road. For more information on the full offering please visit – www.colliers.co.nz/p-nzl67040477

The property is offered for sale by International Expression of Interest closing 4pm, Wednesday 1st July 2026 (unless sold prior). Interested parties are encouraged to make contact for further information.

More information: https://www.colliers.co.nz/p-NZL67040581

Listing ID: 43059297

City Fringe Investment with Mixed Use Upside

Colliers New Zealand is pleased to present 632 Great South Road, Ellerslie, for sale via Deadline Private Treaty closing Wednesday, 1st July 2026 at 4pm (unless sold prior).

This four-level freehold asset is fully leased, with an NLA of circa 2,972m² supported by 95 car parks, a very healthy ratio of 1:31m².

The building has an attractive outlook, and multiple access points off both Great South Rd & Kalmia Streets. The overpass to Ellerslie township and the Ellerslie Train station is just a few hundred meters away.

Major occupiers Netlogix and SG Fleet have occupied the building long term, with the latter recently completing a high-quality refurbishment to their office space. SG Fleet enjoy exclusive naming rights to the building, as well as use of the two high exposure billboards facing Great South Rd. The office occupiers are complemented by a small ground floor café. The building has an estimated fully leased net income of approximately $1.241 million plus GST.

The property has been a magnet for long term occupation, evidenced by the existing occupiers having been in the building for between 14 and 20 years respectively.

The current lease profile provides a rare opportunity for an investor to set a new precedent rental for the building through forward leasing, as well as for an owner occupier seeking to control their own commercial property with underwrite terms flexible.

For more information and to arrange a viewing of the property, contact the Sole agents today.

More information: https://www.colliers.co.nz/p-NZL67040529

Listing ID: 43059400

Strategic Investment - The Gateway Johnsonville

Colliers is pleased to present The Gateway at 120 Johnsonville Road, a multi-tenanted commercial investment on the main road of Johnsonville’s primary retail and service precinct.

This proven suburban asset offers investors an attractive, diversified income stream, supported by a complementary mix of national retailers, healthcare providers, and professional service tenants. The strong mix of tenants provides a reliable income stream, underpinned by consistent demand from one of Wellington’s largest suburbs. 

Prominently located on Johnsonville Road, The Gateway benefits from exceptional exposure to both vehicular and pedestrian traffic, reinforcing its appeal to occupiers. The property’s high profile position combined with direct connectivity to Wellington CBD and the northern suburbs, further strengthens its long-term investment credentials. 

Tenants and customers benefit from easy on-site car parking, enhancing the attraction to the site for a wide range of businesses. Anchor retail tenants Repco and Number One Shoes provide strong covenant backing, alongside a range of essential service-based occupiers on level one that service the local community. 

Johnsonville’s role as a key northern hub for Wellington continues to underpin the strength of this investment. The suburb is embarking on an exciting future and now is the time to be part of it. The Gateway represents a compelling opportunity to secure a high-performing, income-producing asset in one of Wellington’s most established suburban centres, with strong fundamentals supporting both immediate returns and future growth potential.

For more information or to arrange a viewing contact:

Alistair Robertson on 021 418 647 or email alistair.robertson@colliers.com

Hamish Templeton on 029 127 0018 or email hamish.templeton@colliers.com

*All areas and values are approximate only. Boundary lines are indicative only.

Residential units are not included in the sale.

Features:

• Prominent Johnsonville Road frontage offering strong exposure to passing traffic
• Established mixed‑use commercial complex with retail and office tenancies
• Diversified income streams and lease maturities
• Net income $528,806 + GST p.a. (approx.)
• Recognised national tenant anchors including Repco and Number One Shoes
• Excellent accessibility with on‑site car parking
• Close proximity to public transport and arterial links to Wellington CBD

More information: https://www.colliers.co.nz/p-NZL67040434

Listing ID: 43059470

History Meets Huge Potential

The Stage Is Set For Something Extraordinary

From the moment you step through the grand front doors, this building makes an impression.

A stunning chandelier hangs above the foyer, while sweeping red-carpeted stairs lead guests toward the theatre spaces, instantly capturing the elegance and atmosphere of a bygone era. Rich in character and scale this iconic property offers an experience rarely found in today's commercial market.

Inside, the property features one grand theatre auditorium alongside two additional movie screening rooms.

The main theatre itself is something truly special. Ambient perimeter lighting, elevated balcony seating, and opera-style viewing lines create a dramatic and immersive atmosphere that feels both timeless and unforgettable.

Behind the stage lies a backstage area designed for performance and production.

This is not simply commercial real estate.

It is a destination.
A theatre.
A landmark waiting for its next visionary owner.

Opportunities like this are exceptionally rare, especially in the heart of Thames.

The curtain is ready to rise again.

https://www.propertyfiles.co.nz/property/977830003

Please be aware that this information has been sourced from third parties. View our property information disclaimer here: raineandhorne.co.nz/property-disclaimer

Listing ID: 43060960

CBD Investment Palmerston North

158 The Square, Palmerston North is your chance to secure a strategic foothold in the absolute centre of the city.
This is prime commercial real estate with upside. Whether you're an experienced investor, syndicator, or forward-thinking owner-occupier, this property delivers on location and profile.
Why This Property Stands Out:
• Unbeatable CBD positioning - front and centre on The Square
• High-exposure, 2 street frontages with constant pedestrian and vehicle flow
• Surrounded by retailers, hospitality operators, and key amenities
• Fully tenanted
• Flexible profile suited to multiple value-add strategies
Investor Opportunity:
• Landbank with long-term capital growth upside
• Reposition or enhance tenancy to unlock stronger returns
• Benefit from tightening supply of core CBD assets
With Palmerston North continuing to evolve as a key regional hub, property in The Square is becoming increasingly scarce. Location is everything.
Get in touch today for the information memorandum or to arrange a personal inspection.

Listing ID: 43062039

Established Childcare Investment

53 Vickery Street, Te Rapa presents an exceptional opportunity to secure a quality tenanted investment, underpinned by an established childcare operator in a sought-after Hamilton location.

Fully leased to a long-standing childcare business on a new 15-year lease with renewal rights, the property provides a strong net holding income of $226,200 per annum plus GST and outgoings with fixed 2% annual rental increases, plus 3 yearly market reviews. 

Constructed in 2010, the purpose-built childcare centre comprises a modern single-level facility featuring multiple classrooms, open plan learning spaces, air-conditioned teaching areas, and well-appointed staff and administration amenities. The property is complemented by generous onsite car parking, secure boundary fencing and gates, together with sealed external areas and concrete pathways.

The centre offers a well-presented and functional early learning environment, catering to families within the surrounding residential and commercial catchments. The property benefits from strong underlying demand for childcare services and a tenant operating within a resilient sector.

For sale via Deadline Private Treaty closing Thursday 2nd July at 3pm (unless sold prior).

Features:

• Licenced for 75 children
• Returning $226,200 per annum + GST and outgoings, with fixed 2% annual rental increases
• New 15-year lease
• 1,835m² site area
• 400m² floor area (floor area is approximate)
• Development potential

More information: https://www.colliers.co.nz/p-NZL67040528