Commercial property for sale

Listing ID: 43089042

New 10-year lease extension to Spotlight

Key features:

• Prime 7,643sqm (more or less) freehold corner site on sought-after Te Rapa Road
• Fully leased to six established tenancies returning $814,489pa net + GST
• Anchored by Spotlight on a recently renewed 10-year lease
• High-profile large-format retail investment with excellent exposure and ample onsite parking

369 Te Rapa Road presents a rare opportunity to acquire a substantial, fully leased large-format retail investment in one of Hamilton's most established commercial precincts. Occupying a prominent 7,643sqm (more or less) freehold corner site at the intersection of Te Rapa Road and Garnett Avenue, the property offers outstanding profile, accessibility, and long-term investment appeal.

Anchored by Spotlight on a recently renewed 10-year lease, the property comprises six tenancies generating a combined net income of $814,489pa + GST, with Spotlight contributing approximately 70% of the total rental. Extensive onsite customer parking, generous circulation areas, and multiple vehicle access points further enhance the functionality and appeal of this well-established neighbourhood centre.

Positioned within Hamilton's premier large-format retail precinct, the property combines secure income, diversified cashflow, and a substantial freehold landholding on one of the city's busiest arterial routes.

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

Sunil Bhana
021 398 660
sunil.bhana@bayleys.co.nz

Mike Houlker
021 945 927
mike.houlker@bayleys.co.nz

Darren Anderson
021 933 570
darren.anderson@bayleys.co.nz

Listing ID: 43094540

67 Unit Titles. One Exceptional Investment

A rare opportunity to acquire a substantial accommodation and property holding in Hamilton's established accommodation precinct.

Situated on a prominent site, this significant asset comprises 66 accommodation units across two adjoining properties, extensive guest facilities, conference amenities, restaurant and commercial kitchen areas, manager's accommodation, and generous on-site parking.

The property's High Density Residential zoning enjoys 67 individual unit titles on two underlying freehold titles. This strategic location provides exceptional flexibility for investors, developers, accommodation operators, and housing providers.

Investment Highlights:

• 66 accommodation units
• Approximately 6,060sqm freehold land
• 67 individual unit titles
• High Density Residential zoning
• Freehold Going Concern, Established accommodation business
• Prime location near Waikato Hospital, Stadium, and Hamilton CBD
• Significant refurbishment and value-add potential

Multiple future ownership and divestment options. This is one of the most significant land/property offerings to come to the Hamilton market in recent years, combining immediate income with long-term redevelopment and investment potential.

For Sale by Tender ending at 5.00pm on 3rd September 2026

Contact the Bayleys Commercial & Business Sales team for further information.

Listing ID: 43096097

Town centre opportunity with upside

• Freehold 769sqm (more or less) Town Centre zoned site
• 466sqm (approximately) standalone with excellent profile and parking
• Fully leased holding income with plenty of upside
• Strategic location right by Glen Innes Train Station
• Take advantage of Tamaki's Regeneration: Reposition, occupy or develop

Positioned in the heart of Glen Innes, 159 Apirana Avenue offers the opportunity to secure a strategic foothold in one of Auckland's fastest evolving town centres.

Comprising a 769sqm freehold site improved by a standalone 466sqm commercial building returning holding income from two established tenants. With lease expires in 2027 and rentals considered below market levels, there is opportunity to unlock value through future refurbishment, repositioning and/or occupying.

Surrounded by an established mix of national retailers including Pak'nSave, Harvey Norman, Chemist Warehouse, Animates and Burger King, the property benefits from excellent profile, strong local amenity and convenient access to Glen Innes Train Station. Situated within the wider Tamaki regeneration area, the precinct is benefiting from substantial investment in housing, infrastructure and amenity.

Add-value investors will recognise the opportunity to unlock rental growth and enhance returns through repositioning, while owner-occupiers and developers will appreciate the long-term value of this strategic Town Centre landholding.

Listing ID: 43098099

NZ Post new build, 12 year lease

• NZ Post’s (SOE) brand new regional courier and sorting facility, completed in July 2026
• 12 year + 4 x 4 year lease (final expiry 2054) with annual rent reviews
• Significant taxation benefits under Investment Boost tax incentive

A substantial, solid looking, brand new industrial building, with steel and concrete construction. Strategically located for NZ Post’s requirements, the property brings their Napier and Hastings regional courier and sorting operations under one roof.

This state-owned enterprise tenant (NZ Government 100% shareholder) has a new 12-year + 4 x 4 year rights of renewal lease, providing a final expiry of 2054. A combination of annual CPI (min 1%, max 3%) and market rent reviews provide future potential rental growth on the initial $750,000 p.a. rental.

This impressive 4,271sqm building sits on a large 8,288sqm industrial zoned site with excellent access to the main roading networks and easy transport routes to all parts of Hastings, Napier (including airport and port) and surrounds.

With the building completed July 2026, significant taxation benefits are available under the NZ Government’s ‘Investment Boost’ tax incentive that applies to new commercial buildings, accelerating depreciation and improving cash returns. The purchaser will further benefit from new-build warranties, along with the low maintenance costs and peace of mind that comes with buying new.

With an undoubted tenant covenant, long lease with annual rent reviews, and the benefits of a brand new building, this is a stand-out investment proposition.

Listing ID: 43098233

Bite size investment - long term tenant

• Outstanding industrial investment on a freehold title
• Established tenant of 20 years secured through to February 2030
• High-stud warehouse with roller door access
• Popular Wigram location
• 75% New Building Standard

This freehold industrial investment presents an excellent opportunity to secure a quality asset in one of Christchurch's most sought after industrial locations. Set on a 363sqm freehold title, the property comprises approximately 262sqm of high-stud warehouse with roller door access, complemented by ground and first floor office space.

Returning $42,000 plus GST per annum, the property is leased to a long-standing tenant who has an established and successful business.
Positioned in the heart of Wigram, 32B Hayton Road benefits from excellent access to Christchurch Airport, major arterial routes and surrounding amenities, making it a well-located investment with reliable holding income.

Contact the Sole Agent's today to arrange a viewing.

Listing ID: 43098262

Industrial scale, ready for the future

• 6.2644ha (more or less) Business – Light Industry zoned greenfield site
• High-profile position with frontage to Popes Road and Takanini School Road
• Rare opportunity to secure a large-scale industrial development platform
• Strategically located within Auckland's expanding southern industrial precinct

Now surplus to the vendors' requirements, 2 Popes Road ( Lot 2, DP 136772) presents a rare opportunity to secure a significant greenfield site of 6.2644 ha (more or less) within one of South Auckland's key industrial growth locations.

Zoned Business – Light Industry, the property offers a large-scale development platform capable of accommodating a wide range of industrial and business activities.

Occupying a prominent corner position in this established high-growth industrial location, the site benefits from a strong profile, excellent accessibility, and a substantial land area capable of supporting significant industrial development. The combination of scale, exposure and zoning creates a compelling opportunity.

Positioned within the established Takanini industrial precinct and surrounded by ongoing and significant residential, commercial and infrastructure growth, this property presents a compelling opportunity to secure a substantial industrial site within one of Auckland's
most active development locations.

Contact the sole agents now to receive further details on this property, which is offered for sale by Deadline Private Treaty closing 8 September 2026 (will not be sold prior)

Large industrial landholdings are becoming increasingly scarce across the Auckland region. Do not miss this opportunity

Please be aware the boundary lines marked are indicative only, and the photos may show land not included in the sale. It is recommended that all purchasers satisfy themselves in regard to all aspects of the property.

Listing ID: 43098271

Morningside investment with upside

• 965sqm (approximately) standalone building with 5 car parks
• 815sqm (more or less) freehold landholding
• Development Intensive Business – Mixed Use zoning
• Fully leased returning $130,198 + GST (if any)

Offered to the market for the first time in over 50 years, this standalone building presents a rare opportunity to secure a versatile investment with future upside in one of Auckland's fastest-growing city fringe precincts. The 965sqm building comprises two levels of high-stud, clear-span accommodation with vehicle access to both floors, providing outstanding functionality and flexibility.

Fully leased to two established tenants, the property provides immediate holding income while purchasers consider future rental growth and value-add opportunities. The Development Intensive zoning offers scope to retain as an investment, repurpose, reposition, occupy or redevelop as market conditions evolve.

Positioned in the heart of rapidly transforming Morningside and surrounded by substantial residential and commercial investment, this is a tightly held opportunity with multiple pathways to create value.

The property can also be purchased together with the neighbouring 9 McDonald Street, creating a combined landholding of approximately 1,629sqm.

Listing ID: 43098289

Prime CBD office with retail investment

• Vendor is relocating and committed to selling
• Prominent corner office positioned directly above the iconic Krispy Kreme store
• 158sqm (approximately) freehold office offered with vacant possession
• 35sqm (approximately) ground floor retail, returning net $33,000pa + GST
• Easy walking distance to the new CRL stations, Britomart and Commercial Bay

Positioned on a high-profile corner overlooking Freyberg Square and Chancery Square, 3 Chancery Street presents a rare opportunity to acquire a character office together with a ground floor retail investment in the heart of Auckland's CBD.

The level one office comprises approximately 158sqm and features a functional mix of open-plan workspace and a meeting room. Surrounded by windows, the premises enjoy excellent natural light throughout the day. The high-stud, cathedral style ceiling creates a unique and inspiring working environment, offering character rarely found in modern office buildings.

Complementing the office is a 35sqm ground floor retail unit leased to long established hair salon Hair Laurier, providing a secure net rental income of $33,000pa plus GST.

This versatile combination offers purchasers the flexibility to occupy the office while benefiting from the retail income or retain the property as a dual-income investment. 3 Chancery Street represents a unique opportunity in one of Auckland's most sought-after CBD precincts.

Listing ID: 43098330

Parnell premium office opportunity

• 215sqm (approximately) ground floor office
• Prominent corner position with excellent natural light
• Modern, high-quality fit-out ready for immediate occupation
• Five (5) secure, covered car parks
• Vacant possession ideal for owner occupiers

Take pride in owning your own premises in one of Auckland’s most established commercial precincts. This impeccably presented 215sqm ground floor office provides owner-occupiers with the opportunity to secure a premium workspace, reduce rental dependency and invest in a valuable long-term asset.

Featuring an exclusive entrance and a modern, versatile fit-out incorporating reception, open-plan workspace, meeting rooms, kitchenette and exclusive bathroom facilities, the premises are well suited to a wide range of office and medical occupiers.
The space has been thoughtfully designed to create a professional environment for both staff and clients.

Ideally positioned in the heart of Parnell, the property offers excellent access to Auckland CBD, the motorway network and the suburb's renowned cafés, restaurants and retail amenity. Five secure, covered car parks complete this outstanding owner-occupier opportunity.

Chris Urry
+64 27 496 8843
chrisurry@jamesgroup.co.nz

James Were
+64 21 740 032
james.were@bayleys.co.nz

Listing ID: 43098509

Industrial with scale and versatility

Industrial building in the heart of Wairau Valley offering approximately 1,111.7sqm of versatile warehouse, office, showroom and mezzanine accommodation.

Positioned on a substantial 1,851sqm (more or less) site, the property benefits from excellent exposure to Archers Road and convenient access to Auckland's motorway network. Historically configured as two separate tenancies, the building offers a flexible layout that may suit owner-occupiers seeking expansion space, dual-income investment strategies, or future reconfiguration opportunities.

The improvements comprise a 590.7sqm warehouse, 459.3sqm of office and showroom accommodation over two levels, and a 61.7sqm mezzanine floor. The property features extensive glazing that provides strong natural light throughout, dual roller-door access, multiple kitchens, and staff amenities. While the existing fitout would benefit from refurbishment and modernisation, it presents an excellent opportunity for purchasers to add value and personalise the space to suit contemporary business requirements.

Key features:

• Add value opportunity
• Prime central Wairau Valley location
• Road exposure to a major arterial route in Light Industry zone
• New roof
• Vacant possession

Call the sole listing agents now for viewing and further information

Listing ID: 43098537

Childcare investment: Long lease, strong yield

• Long-term lease to Evolve Education Group, with over 80 centres across NZ.
• Purpose built centre completed in 2010 licensed for 80 children.
• Sought-after location near Morningside CRL Station and Westfield St Lukes.

Positioned in the established Sainsbury Retail Centre, this purpose-built investment delivers an attractive income stream underpinned by Evolve Education Group, one of New Zealand's largest early childhood education providers operating under the brands Lollipops, Learning Adventurers, Pascals, Little Wonders, Little Earth Montessori and, the subject site, Active Explorers. Currently in the process of a rent review, which will increase to a minimum of $268,060pa + GST and outgoings. the property combines a quality tenant, a long lease profile and built-in rental growth through two-yearly rent reviews.

With lease security extending through to July 2034, this is a passive investment suited to buyers seeking dependable income from a well-established commercial asset. The modern facility occupies a strategic city-fringe location near St Lukes Shopping Centre, surrounded by a large residential catchment that supports ongoing demand.

Listing ID: 43098754

Morningside warehouse investment with options

• 886sqm (approximately) standalone warehouse with 13 car parks
• 814sqm (more or less) freehold landholding
• Development Intensive Business – Mixed Use zoning
• Fully leased returning $112,299 + GST (if any)

Offered to the market for the first time in over 50 years, this standalone warehouse presents a rare opportunity to secure a versatile asset in one of Auckland's fastest evolving precincts. The 886sqm building comprises two levels of high-stud, clear span warehouse with vehicle access to both floors, providing functionality and flexibility.

Fully leased to two tenants, it provides immediate holding income while investors, owner-occupiers and developers explore the significant upside. The Development Intensive zoning offers scope to repurpose, reposition, redevelop or occupy as
market conditions evolve.

Positioned in the heart of rapidly transforming Morningside and surrounded by substantial residential and commercial investment, this is a tightly held opportunity with multiple pathways to create value. The property can be purchased together with the neighbouring 10 Collins Street, creating a landholding of approximately 1,629sqm.

Listing ID: 43099477

Morningside magic – buy one, two or three!

• Three contiguous freehold properties for sale together or individually
• 3,450sqm freehold land held in four titles zoned Business – Local Centre
• One building with a long-term lease and two buildings with short-term leases

597 New North Road – A 1,200sqm warehouse/retail building which has been fully upgraded to a boutique brewery, restaurant and distribution centre for Urbanaught Brewing Company, who have an 8-year lease (from 2021) returning $245,000pa + GST. The property sits on a 1,378sqm land holding with two road frontages

599 New North Road – A 461sqm office/warehouse/retail building with 8 car parks, with huge exposure to New North Road. The property sits on an underdeveloped 760sqm landholding.

4 Western Springs Road – A 1,025sqm two-level office/warehouse building with 18 car parks. The property has a short-term lease on the ground level to an established printing company and a vacant office level above. The property sits on 1,312sqm of land in 2 titles

Combined, the properties offer a total of 3,450sqm running between New North Road and Western Springs Road, metres from the Morningside train station and Kingsland Village, providing huge future redevelopment upside.

Listing ID: 43099572

Six (6) year plus lease/2000sqm plus land

• Established tenant returning $200,000pa + GST and outgoings
• Approximately six years remaining on the current lease term
• Large 2,046sqm freehold site zoned Business – Mixed Use
• High-profile arterial position with excellent visibility and motorway access

54 Northcote Road presents a straightforward passive investment underpinned by a single head lease to established hospitality operator The Beer Spot. The simple lease structure provides dependable holding income without the complexity of managing multiple direct tenancies.

The Beer Spot is responsible for the management of several subtenancies across the property, creating additional income beneath the head lease. This provides a broader underlying occupancy profile while preserving the simplicity and security of a single rental payment to the property owner. This functional building has had a strong occupancy history over the preceding decades of ownership given its exposure and excellent carparking.

The property occupies a substantial freehold landholding on one of the areas main arterial routes, directly off the Northern Motorway. Flexible Business – Mixed Use zoning provides long-term options, while the ongoing regeneration of Northcote’s town centre and surrounding residential neighbourhoods is expected to further strengthen the location and underlying land value.

Listing ID: 43100102

Medical income plus Devonport land value

• Long-standing medical tenancy, recently renewed for a new lease term (subsidiary of Tend)
• Standalone freehold medical investment on a 581sqm site
• Easy walking distance to Devonport Village, the waterfront, and ferry terminal
• Commercial income underpinned by enduring residential value

Positioned within one of the North Shore's most tightly held suburbs, 29 Anne Street presents a rare opportunity to acquire a standalone medical investment occupied by Tend. The long-standing tenant has recently committed to a new lease term, providing investors with established income from an essential healthcare use.

Beyond the current income, the property occupies a substantial freehold site in a sought-after residential setting. Assets of this nature are increasingly difficult to secure in quality locations, offering an attractive combination of immediate commercial income and long-term underlying land and residential value.

The wider location is also set to benefit from Peninsula Capital's proposed investment in Devonport town centre, including new residential, hospitality, retail, and commercial development. This significant private investment reinforces confidence in the continued evolution and long-term desirability of the village.

Listing ID: 43100436

Standout 122sqm office in Albany

Positioned on the prominent corner of Antares Place and Apollo Drive, this well-presented first-floor office offers an affordable opportunity for owner-occupiers and investors alike.

The 122sqm premises features a practical layout including reception, four offices/meeting rooms, open-plan workspace, kitchenette and bathroom facilities. Extensive glazing provides excellent natural light throughout, while five exclusive car parks offer a parking ratio rarely available in offices of this size.

Located in the heart of the established Rosedale business precinct, the property enjoys excellent exposure, signage potential and convenient access to motorway interchanges, cafés, retail amenities and AUT Millennium.

Offered with vacant possession, this is an outstanding opportunity to secure a well-located commercial property with immediate occupation potential.

Key features:

• 122sqm first-floor office
• Five exclusive car parks
• Corner position with excellent exposure and signage opportunities
• Vacant possession – ideal for owner-occupiers or investors

For more information and to view contact the sole agents and Bayleys office experts Jane McKee and Toer Li.

Boundary lines are indicative only and floor areas are approximate.

With offices across Auckland and New Zealand Bayleys can answer your questions and help find the best leasing solution for you.

Listing ID: 43100515

Own, occupy and earn in Haupapa

•Approx. 567sqm ready for your business
•$62,639.16pa net rental income
•Watchdog Security secured to 2033
•16 on-site car parks
Take control of your business premises in one of Rotorua’s most sought-after professional precincts, with an established tenant already helping to offset the cost of ownership.
Watchdog Security occupies 386.6sqm under an eight-year lease expiring 28 February 2033. The remaining approximately 567sqm provides a substantial base for your own business, including 462sqm of lift-accessed first-floor offices and a sunny 90sqm office downstairs.
Rotorua Hospital is close by, eateries are an easy walk away, and the surrounding health and professional businesses create an established commercial environment for clients and staff. Add 16 car parks across the property and this is a combination that would be difficult to replicate in Haupapa Street.
If owning in Haupapa has been part of your plan, inspect now and be ready to act on 8 September 2026.

Listing ID: 43100609

Affordable Albany investment

• Affordable entry into the North shore commercial investment market
• 125sqm (more or less) office with four exclusive-use car parks
• Established Albany location with excellent connectivity

This fully leased office investment presents an affordable opportunity for investors seeking secure income. Returning a net rental of $34,500pa + GST and outgoings, the property is leased to Smartsims International Limited, with a recently renewed lease providing ongoing income certainty.

Comprising approximately 125sqm (more or less) of first-floor office space and four exclusive-use car parks, the property is positioned within the established Constellation Drive commercial precinct. Well located with convenient access to State Highway 1, public transport and a range of surrounding amenities, this is an opportunity to secure a commercial investment in one of Albany's established business locations.

Listing ID: 43101026

Parnell character residential block by the Domain

• 511 Parnell Road comprises a block of five residential investment flats (4x two-bedroom & 1x one-bedroom)
• Recently refurbished and ready for immediate occupation
• Sought-after Parnell location, with excellent access to amenities and transport
• 619sqm (more or less) freehold corner site zoned Business – Mixed Use in Double Grammar zone
• Multi-unit, character residential investment, commercial occupancy or a future development site

511 Parnell Road comprises a block of five, character, investment flats, located on high-profile corner site. Following a recent refurbishment, the property is now offered with vacant possession ready for immediate occupation. The property is underpinned by 619sqm of freehold land zoned Business – Mixed Use, providing future redevelopment options.

Located in one of central Auckland's most sought-after residential suburbs, the property, which is adjacent to the Auckland Domain and benefits from easy access to Auckland CBD, Newmarket and Remuera as well as being a short walk from the retail and hospitality amenities of Parnell Village and Newmarket’s Broadway.

A scarce opportunity for residential investors in a tightly held, desirable location, with future development potential. Call now for further information.

Listing ID: 43102933

Stop Searching, Start Collecting — Industrial Gem

SOLE AGENCY

For Sale by Deadline Private Treaty closing 4pm on Wednesday, 9 September 2026 (unless sold prior).

A-grade industrial investment in one of Auckland’s most tightly held industrial precincts.

This standalone facility compromises a modern 1,666m² building made up of 255m² quality single level offices and 1,354m² high stud tilt slab warehouse on a 2,980m² site. Designed for operational efficiency, the property also features excellent container access, a secure concrete yard, conveniently located parking, 107m² of canopy over 2 roller doors while the building itself provides the perfect mix of 15% office to warehouse ratio. 

The investment is underpinned by a brand-new eight-year lease to Waterware, one of New Zealand’s leading plumbing, heating and bathroomware suppliers. With 39 years in business and 23 years of occupancy at this location, Waterware provides investors with a proven and long-standing covenant.

Strategically located in the heart of East Tamaki, the property is approximately 1km from the Highbrook Drive, Cryers Road and Allens Road intersection, less than 4km from State Highway 1, and surrounded by many of New Zealand’s premier industrial occupiers, including DHL, Mainfreight, Fisher & Paykel and NZ Post.

Industrial investments of this calibre are seldom offered to the market. Combined with a long-term lease, established tenant and prime East Tamaki location, this is a compelling opportunity for discerning investors seeking secure income and enduring value.

Contact the sole agents for more information or to arrange a viewing:

Ben Cockram                  +64 21 245 5855

Josh Franklin                  +64 21 990 714

Paul Higgins                   +64 21 549 226

Features:

• Total building of 1,666m² on a 2,980m² site
• New 8-year lease from settlement
• Returning $360,000 net p.a. + GST
• Annual fixed rent increases along with market rent reviews within the lease structure
• Long-standing tenant
• 100% NBS (A-grade) seismic rating
• High-stud warehouse (7.5m rising to 9.1m), two canopy-protected roller doors
• Tilt slab construction, fenced concrete yard with container capacity
• Immaculate single-level offices, 15% office-to-warehouse ratio

More information: https://www.colliers.co.nz/p-NZL67041634