Commercial property for sale

Listing ID: 42786342

Industrial warehouse

• 265sqm industrial unit
• Eight car parks
• Electric roller door
• Air-conditioned offices
• Vacant possession
• Industrial Heavy Zone

Strategically located in Middleton with easy access to major arterials and the motorway, this well-positioned industrial unit is ideal for businesses seeking a functional space with a mix of warehouse, office, and showroom areas.

Contact the sole agent today!

To assist purchasers with their assessment of the offering an online due diligence data room is available: propertyfiles.co.nz/5526786

Listing ID: 42786716

Tidy, tenanted and timeless

•Above minimum IEP rating
•Tenanted to a popular retailer
•Excellent street presence with dual access
•Tidy and well-presented
This well-presented commercial property offers an accessible investment opportunity on the main street of Coromandel Township. Occupied by Star Gallery, a popular local retailer with a long-standing presence, the property combines classic character with practical day-to-day usability.
The single-level building features an open-plan interior with polished concrete floors and full-width street glazing, providing natural light and a welcoming retail frontage. The traditional façade and covered verandah reflect the charm of the surrounding streetscape, while the layout suits a range of retail or service-based uses.
Dual access from Kapanga Road and a sealed rear service lane enhances functionality for deliveries and staff. A small secure yard at the rear offers added utility.
Opposite a public carpark and surrounded by established businesses, the property benefits from steady foot and vehicle traffic. Its central position supports consistent demand from retail, service, and tourism-oriented tenants.
Offered as a standalone freehold title, it provides a straightforward ownership structure with no body corporate involvement. For first-time or mum-and-dad investors, this is a manageable asset with an established tenant and reliable commercial setting
A tidy, character-filled investment in a high-visibility position — well worth consideration.

Listing ID: 42786746

Lytton West Workshops

Situated in the highly sought-after Lytton West Village, this versatile workshop and yard present an outstanding opportunity for both investors and owner-occupiers. Ideally suited as a base for tradespeople, the property offers a well-established income stream alongside space for your own business operation.
Partially tenanted with a newly signed lease to a long-standing tenant of over a decade, it provides immediate rental income and a secure investment. For those looking to establish their own business, the additional workshop space offers the flexibility to occupy while benefiting from ongoing rental returns. With strong tenant demand for small-format workshops and yards in the area, this property is a valuable asset for investors seeking a high-performing addition to their portfolio, as well as for business owners looking for a functional and well-located base.
This strategically positioned asset presents a rare opportunity to secure a practical workspace with built-in rental income.

Boundary lines are indicative only.

Listing ID: 42786772

Educated investment choice

•Reliable tenant returning $91,950pa +GST/OPEX
•Purpose built in 2008
•One tenant ensures ease of investment
Positioned in one of Whitianga’s fastest-growing residential areas, this tenanted childcare centre offers a quality, hands-off investment for passive buyers. Purpose-built in 2008 to a high standard, the 322sqm (approximately) two-storey building sits on a 986sqm (more or less) freehold site with excellent visibility, dual access, and proximity to the town centre.
The property is leased to Mercury Bay Preschool, a long-standing early childhood education provider operating five days a week. The lease includes both the preschool premises and a two-bedroom upstairs apartment, which the tenant manages and sublets independently as part of their business model.
Well-equipped indoor teaching areas flow into secure outdoor play zones and fenced parking/drop-off areas, offering a functional and attractive layout for day-to-day use. The lease generates a total annual income of $91,950pa + GST and outgoings, with further rights of renewal in place.
Zoned Residential under the Thames-Coromandel District Plan, the site backs onto commercial land and sits within a growing family-oriented neighbourhood. A major 21-hectare residential subdivision nearby continues to drive population growth, supporting demand for local services such as childcare.
With a reliable tenant in place, a strong lease structure, and a future-facing location, this property offers investors a solid income stream in an asset class seldom brought to market. Opportunities of this nature are rare in Whitianga — secure your position in this high-growth coastal setting.

Listing ID: 42787062

Two Landmark Te Aro Buildings

This is a rare opportunity to secure one or both of these iconic properties overlooking Glover Park, with a combined net annual income exceeding $354,000 + GST.

17 Garrett Street
One of the best-presented office buildings in the precinct, 17 Garrett Street boasts a premium fit-out on every level. A new lift has recently been installed, and the rooftop penthouse office—with its private balcony—is a standout feature. The property generates a net annual income of $216,000 + GST.

Each of the main floors offers approximately 198 sqm of high-quality office space—considered the “sweet spot” size in this part of the city. The tenancies are occupied by a mix of office users, many with some of the most impressive fit-outs in Wellington. Given the building’s quality, size, and sought-after location, future tenant demand is expected to remain strong, ensuring continued occupancy and rental performance.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/17GarrettStreet

13 Garrett Street
An iconic mixed-use building, 13 Garrett Street is perhaps best known for its appearance in the acclaimed New Zealand drama After the Party. The first and second floors comprise well-established residential apartments, each leased to a head tenant. While the building is currently classified as earthquake-prone, it continues to provide a robust net annual income of $138,700 + GST.

Whether acquired individually or as part of a strategic portfolio, these well-located, income-generating assets offer a compelling investment opportunity in one of Wellington’s most dynamic precincts.

To obtain copies of all supplementary documents for 13 Garrett Street please register your details at www.propertyfiles.co.nz/property/13GarrettStreet

• Often admired and fastidiously maintained
• Prime location in the heart of the vibrant Cuba precinct
• Rear access to nine secure car parks

Listing ID: 42787064

Perfect long term footprint in Petone

33-43 Jackson Street, Petone is a sound long term investment in a popular location with a solid tenant covenant. The property has been home to a printing related tenant for over 40 years. The current tenant Blue Star Group has invested significantly into the property with a range of upgrades to equipment and associated fitout.

This property is now well established for the future to cater for a wide range of printing needs ensuring it is fit for purpose and affordable for the tenant.

In addition to the strong rental income the property provides over 1.1 hectares of freehold land that may have a high and better use in the future.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/33-43JacksonStreet

• New 9 year lease to Blue Star
• Fixed rental increase throughout the lease term
• Net income of $1,310,000pa increasing to $1,434,000pa net + GST in 2026
• 1.1889ha of freehold land
• Seismically sound with a NBS rating of over 67% (2018)

Listing ID: 42787080

New build with generous yard area!

Brand-new, high-stud warehouse now available in the highly sought-after Silverstream Industrial Park! Whether you're looking to buy or lease, this premium industrial space is strategically designed to maximize efficiency, streamline operations, and support long-term business growth.

Situated on a 699sqm freehold site, this property features a 179sqm warehouse with a minimal office-to-warehouse ratio, ensuring optimal use of space. The generous yard area provides ample room for manoeuvring, storage, and logistics, making it a highly functional and practical option for a range of industrial uses.

Its well-thought-out design not only enhances efficiency but also makes it an affordable and attractive investment in one of the region's most in-demand industrial precincts.

With industrial vacancy levels at historic lows, opportunities like this are increasingly rare. If you're looking to escape the rent trap and secure a long-term solution for your business, now is the time to act.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/26BarleyMowLane

• New spec build
• Potential net rental of $63,525pa + GST
• High Stud warehouse
• Generous sealed yard

Listing ID: 42787081

Happy in the Valley

Located in the highly sought-after Happy Valley, this property offers an exceptional opportunity for investors, developers, and owner-occupiers alike. Enjoy the convenience of being close to the Southern Landfill, the rugged South Coast, and just minutes from Wellington CBD.

With holding income already in place, you have the flexibility to generate immediate returns while planning your next move—whether it’s redevelopment, expansion, or repositioning.

Opportunities like this are rare—secure your future today!

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/233HappyValleyRoad

• Substantial landholding – 2,049sqm in a prime location
• Strategic positioning – At the gateway to the industrial hub on Landfill Road
• Future-proof investment – Medium Density Residential zoning underpins long term value
• Holding income – Fully leased, returning $39,900pa + GST on periodic leases

Listing ID: 42787196

Long Term Industrial Investment

7 Main North Road offers an excellent opportunity for astute investors to acquire a proven industrial freehold investment in the heart of the South Waikato District. This substantial manufacturing and distribution facility is offered to the market with a new 10 year lease with fixed income growth leased to Giltrap Ag who have been manufacturing and innovating top quality machinery within the areas for more than 65 years.

The property boasts 5,687m² of manufacturing, warehousing and office space all located on a land area of some 2.0588ha of freehold land providing a mix of vehicle parking, truck access and yard space with two road access points with occupancy costs sustainably lower than most urban industrial locations.

Features:

• Total land area of 2.0588 hectares
• Total floor area of 5,687 square metres
• 10 Year lease returning $426,700 p.a
• Established tenant with 65 year trading history
• Potential for attractive returns here
• Fixed annual increases with 5 year market reviews

More information: https://www.colliers.co.nz/p-NZL67033573

Listing ID: 42787269

Residential Cash Machine

Your chance to own this 32 room residential accommodation facility on the edge of Hamilton’s CBD, walking distance to the CBD, Wintec, Lake Rotoroa, Hamilton Transport Hub and supermarkets.

The property is leased out on commercial terms returning $210,125p.a net. Freehold titles and an ‘A’ Grade seismic rating complete the offering.

Sit back and enjoy the income.

For sale by Deadline Private Treaty closing 3pm Friday 16th May, 2025 (unless sold prior).

Call the sole agents for an information memorandum.

Features:

• Returning $210,125p.a net
• Commercial lease
• Six (6) year lease in place
• 'A' Grade seismic rating
• Annual CPI reviews
• Freehold titles

More information: https://www.colliers.co.nz/p-NZL67034008

Listing ID: 42787347

Dual-Frontage Opportunity - Once in 25 Years!

A rare opportunity to secure a landmark site in tightly held Kent Terrace, Mount Victoria. Held in the same ownership for 25 years, this generational offering provides flexibility for investors and developers alike.

Currently leased to Armstrong Motor Group, the site delivers a healthy annual income, allowing time for planning while offering future redevelopment potential. The lease includes redevelopment clauses, providing strategic options when you're ready to act.

For those seeking an immediate development prospect, consent is already in place for a six-story apartment building on the 371sqm Hania Street portion of the property.

With opportunities like this coming once in a generation, act now to secure your foothold in one of Wellington's most sought-after locations.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/70-74KentTerrace

• Exceptional location - Dual street frontages on Kent Terrace & Hania Street
• Flexible purchase options - Buy one or both sites
• Substantial landholding - 1,457.5sqm across three titles
• Strong holding income - Returning $230,215pa +GST

Listing ID: 42787369

Freehold, vacant possession warehouse facility

197 Dominion Road, Papakura presents a rare opportunity to secure a substantial 7,189sqm freehold Light Industry zoned site in one of South Auckland. The property features 2,106sqm clear-span warehouse and 597sqm of modern airconditioned office/showroom space with polished concrete floors, delivering a floor area of approximately 2,703sqm.

With full drive-around access suitable for B-trains and 40-foot containers, a covered canopy for all-weather loading, multiple roller doors, and a 250-amp switchboard with three-phase power, this facility is built for operational efficiency.

Additional highlights include ample on-site parking, a large yard area ideal for container storage, and a strategic location just minutes from State Highway 1 and key arterial routes.

Key Features:

• Warehouse 2,106sqm
• Office and Showroom 597sqm
• Cantilever canopy 84sqm
• Devanning breezeway 1,015sqm

Roman van Uden
027 313 8803
roman.vanuden@bayleys.co.nz

Paul Steele
021 494 111
paul.steele@bayleys.co.nz

Listing ID: 42787417

Split-risk investment with strong upside

Joint Sole Agency

Key features:

• Diversified income stream with future value-add potential
• Excellent road frontage to Lambie Drive in central Manukau
• Functional units feature dual-level office with separate entrances and are complemented by functional warehouse space

Available to the market for the first time in over 35 years is this split-risk investment in Central Manukau. Comprising two individual titles, the building configurations lend themselves to multi-tenancies and have a mix of established and recently leased tenancies.

Now fully-leased, the property currently returns $275,088pa net with future rental growth opportunities. The functional units feature dual-level office with separate entrances and are complemented by functional warehouse space, appealing to a wide tenant range.

Located with a strong presence on Lambie Drive in central Manukau, the property benefits from proximity to key arterial routes, transport hubs and a large residential catchment and labour force.

Being sold together, there is future add-value potential through individual selldowns and potential rental growth. This coupled with a strong rental return from a diverse tenant mix make this an attractive investment opportunity.

Tim Bull
021 127 1831
tim.bull@bayleys.co.nz

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Lalit Arya
021 033 2309
lalit.arya@bayleys.co.nz

Listing ID: 42787420

Affordable split-risk investment - Manukau Central

Conveniently located on Grayson Avenue, just off Cavendish Drive, this is a prime opportunity for investors to secure a freehold industrial property in the heart of the Manukau industrial precinct. The property benefits from three established tenants, providing secure, passive income with a combined net rental of $179,695 + GST annually. The well-established tenants provide a good return and service the local market in a highly desirable location.

Key Features:

• Secure passive income from three established tenants
• Returning $179,695.00 plus GST and OPEX
• 1,272sqm (more or less) building area
• 2,198sqm (approximately) land area
• Situated in the heart of Manukau, a vibrant and rapidly growing industrial area.

Call now for further information or to arrange an inspection.

Roman van Uden
027 313 8803
roman.vanuden@bayleys.co.nz

Karl Price
021 552 503
karl.price@bayleys.co.nz

Listing ID: 42787654

Top performing investment opposite LynnMall

•Leased within one (1) week of becoming vacant
•Freehold ground floor unit of 355sqm (approximately)
•Returning net $115,000pa plus GST with brand new four (4) year term
•Well-established Filipino supermarket tenant
•Abundant allocated car parks onsite
•IEP of 100%
•Popular and high-growth location opposite LynnMall Shopping Centre
•Established corner with neighbouring tenancies- KFC, Krispy Kreme


This modern 355sqm (approximately) freehold unit with an NBS of A Grade, returning net $115,000pa + GST with a brand-new four (4) year term plus rights of renewal, offers a prime investment in a sought-after, high-growth location directly across from LynnMall Shopping Centre.

The unit is situated in a contemporary building with abundant allocated car parks, ensuring ample parking for both customers and staff. The property is leased within one (1) week of becoming vacant to a well-established Filipino supermarket chain on a brand new Four (4) year term with rights of renewal, returning net $115,000pa plus GST. This unit was leased within one week of becoming vacant. The established corner location is surrounded by well-known neighboring tenants, including KFC and Krispy Kreme, providing excellent visibility and foot traffic.

The property is perfectly positioned, with easy access to local amenities, including LynnMall Shopping Centre, train station, and major motorways. This is an excellent retail investment at a high-growth location. Call now to discuss!

Listing ID: 42789051

Freehold Industrial Super Site

41 Pereita Drive represents the last remaining super site in Tawhiri Business Park. This is a freehold industrial site with excellent ground conditions for construction. This site has significant road frontage of 119m which, allows for several access points to the site to optimise development designs.

Come and join the long list of businesses taking advantage of the low Selwyn Council rates, the exponentially increasing labour force population and the ease of access to the Southern Motorway connecting to Christchurch CBD in 15 minutes.

The vendor is prepared to accommodate 2026 settlement dates if required by purchasers.

Call the joint sole agent to request further information

For sale by negotiation. 
 

*Boundary lines are indicative only.

Features:

• Freehold title
• Land Area 22,821sqm
• Excellent Geotech Conditions
• Low Selwyn Council Rates
• No build ties

More information: https://www.colliers.co.nz/p-NZL67033868

Listing ID: 42789821

Two A Grade Auckland CBD Fringe Assets

• Two high-profile freehold 5-star office investments, buy one or both
• Combined passing income of $4,590,697pa + GST (approximately)
• Diversified income streams to a range of A-grade tenants
• Strategic location close to Hospital, University, and new CRL station

A rare opportunity to acquire one or two A-grade freehold office investment properties, both occupied by a diverse range of national brands and multinational tenants.

The two buildings offer an attractive mix of well-presented, contemporary office accommodation with excellent outlooks and natural light, plus high-profile tenancies wrapping around two road frontages. The properties also benefit from total 337 car parks.

The coveted Grafton location provides convenient access to the CBD, Newmarket, and Auckland City Hospital and will further benefit from the completion of the City Rail Link (CRL), with Mt Eden Station nearby.

8 Nugent Street, Grafton:

• Five-level, five star green office building with 245 car parks returning $3,462,440pa + GST
• Built in 2009, immaculately presented office tenancies plus on-site gym
• 96% occupied with excellent tenant mix

99-107 Khyber Pass Road, Grafton:

• Prime two-level office building with 92 car parks returning $1,128,257pa + GST
• 1,859sqm corner site zoned Business – Mixed Use
• Fully upgraded and refurbished in 2019 with 5-star NABERSNZ rating

For further information, please contact the sole agents:
Alan Haydock:
+64 21 532 121
alan.haydock@bayleys.co.nz

Tommy Zhang:
+64 21 760 889
tommy.zhang@bayleys.co.nz

Damien Bullick
+64 22 420 6845
damien.bullick@bayleys.co.nz

Listing ID: 42790129

EXCEPTIONAL OFFICE OPPORTUNITY IN CBD!

Deadline sale: Closes on Thursday 15 May 2025 at 4:00PM (unless sold prior)

FOR SALE/LEASE

This is an exceptional opportunity to acquire high-quality office premises in the heart of Norfolk Street. Ideally positioned within walking distance of retail and dining options in the CBD and Bank Street, this property is also right on the doorstep of the courts and surrounded by professional services.

Recently vacated by its long-term owner-occupier, the property is now available for sale or for lease, making it a perfect choice for owner-occupiers, investors, or tenants seeking a prime office space.

KEY FEATURES:

• 130m² (approximately) of carpeted office space with high ceilings, creating a bright, welcoming atmosphere
• Eight individual offices/rooms, plus a central reception area, kitchenette, and amenities
• Convenient ground floor location with easy access
• Highly visibility road frontage with significant signage opportunities
• Six off-street car parks

Whether looking for a new investment or keen to move into your own offices, these premises could be your ideal move!

For further information, contact the sole agent.

Listing ID: 42790219

Corner The Market - Dual Income Stream

Now ensconced overseas, the owners of this high-profile corner property have served strict instructions to sell away. NAI Harcourts is proud to bring to the market this entry level investment opportunity with potential upside.
Secured by dual income streams from two separate tenancies, the main tenant trading as Mega Motorcycle Centre (a popular motorcycle accessory store) and the secondary tenant being the busy Whistle Stop Café provide a combined annual rent of $61,565.16 plus opex & gst.
The property is situated on the corner of Opawa & Wilsons Rd at the intersection with Shakespeare Rd with quick access to SH76 to Lyttelton and heading south-west towards SH1.
Whilst recently strengthened to 67% or greater of the New Build Standard (NBS), scope remains to further enhance the property and potentially increase the income.
• Zoned 'Industrial General'
• High profile corner
• 67% or greater of NBS
• Potential upside

To access the Property Files, please paste the link below into your web browser, complete the details and wait for the email from Property Files with the links to download.
https://www.propertyfiles.co.nz/property/L34118346

To arrange an inspection or for further information, please contact the sole agent, Paul Middleditch, on 027 276 7047 or paul.middleditch@naiharcourts.co.nz

Listing ID: 42790240

Abundance of Options

A massive opportunity has arisen to purchase this Freehold 1740sqm (approx) piece of land including a beautiful modern building. Either develop further in the future or leave as is and move your business in. Zoned - Medium Density Residential Zone 1. Current Tenants are vacating and relocating in a few months which will leave this well equipped and stylish 228sqm (approx.) consented Commercial Office/Retail building available. The Vendors have thought of everything with this desirable property including double glazed windows, air handler and heat pumps throughout, disabled access and amenities, insulated and partitioned into a variety of separate offices and an open plan area. A reception area, board room, fire exit, plus an extra 36sqm of mezzanine storage area cleverly built in. Great neutral colour scheme and relaxed vibe. Fully alarmed with security cameras installed. The Seismic Rating is an exceptional 95% NBS. This property is situated on a busy Suburban street, only 3.7kms from the CBD. Situated at the entry to a large carpark area, surrounded by a variety of other businesses. Plenty of communal off street parking (6 designated at the front door). The property is worth viewing. Well suited to a variety of professional businesses including the potential to be a Medical Centre, Childcare or a Housing Development. Please contact Nadia to discuss further, inspect (by appointment only) or receive a Tender Document, Information Memorandum and LIM Report.