Commercial property for sale

Listing ID: 43145106

Estate sale with scope to add value

Positioned in the tightly held and highly sought-after Waiwhakaiho precinct, 10 Smart Road presents an outstanding opportunity with a compelling combination of holding income, redevelopment potential and future owner-occupier appeal.

The property sits on 1,220sqm (more or less) of land and currently provides a holding income of $70,200pa from national tenant NZ Post. The lease is due for renewal in March 2027, with a final expiry in March 2028, providing a secure income while considering the property's longer-term potential.

The main building comprises approximately 315sqm of warehouse space together with 105sqm of office accommodation. There is an additional 106sqm warehouse at the rear, constructed circa 2022, along with approximately 300sqm of secure yard. With Mixed Use zoning, a substantial landholding and an excellent position within one of New Plymouth's most established commercial precincts, the property is ripe for redevelopment and offers a genuine add-value opportunity.

Located opposite Harvey Norman and in close proximity to the Valley Mega Centre, the property benefits from outstanding exposure and access to one of the region's strongest retail destinations. Waiwhakaiho is widely regarded as New Plymouth's pre-eminent bulk retail location, and opportunities to secure land in this tightly held precinct are increasingly difficult to find.

Whether you're looking for a property with holding income, a strategic landbank, an add-value development opportunity or a future owner-occupier solution, this property deserves your attention.

Call now for your appointment to view.

Listing ID: 43148528

INDUSTRIAL SCALE, LOCATION & VERSATILITY

An outstanding opportunity to secure a substantial industrial property in the heart of Hamilton's established Frankton industrial precinct.

Occupying a generous 5,273m² freehold site in two titles, this property offers over 2,400m² across a series of buildings, comprising a mix of warehouse, workshop and office space, together with extensive concreted yard areas and metalled hard stand. The configuration supports a single business, or Anchor occupier with subleasing opportunities for those that have varying space requirements.

The property's combination of building scale, functionality and generous landholding provides flexibility for a wide range of industrial and commercial occupiers. Investors should also look at this for their own industrial park and may be surprised by the value on offer.

Property highlights:

• 5,273m² freehold industrial landholding
• Over 2,400m² of warehouse, workshop and office accommodation
• Multiple buildings offering flexibility of use
• Extensive yard areas for vehicle access, parking and outdoor operations
• Established Frankton industrial location
• Excellent opportunity for owner-occupiers, investors or businesses seeking room to grow
• Strategically positioned within one of Hamilton's most established industrial precincts, the property enjoys convenient access to the city's key arterial routes, transport networks and wider Waikato region.

Properties offering this combination of scale, land area and versatility in such an established location are increasingly difficult to secure.

For Sale by Tender (Unless Sold Prior) 17th November 11:00AM

Contact Vaughan, the sole agent, for further information or to arrange an inspection.

Listing ID: 43149493

Industrial Development Site - Mill Road

Significant shovel ready, predominantly flat, industrial section available within the Mill Road Industrial area. This site has been levelled with all services to boundary ready to go for your development ideas. Security fencing is already installed and the site has holding income from a neighbouring business using the space as yard storage while plans are developed. Access is central to the site from Mill Road and would also allow for the site to be split into two titles sharing an entrance. This is the last undeveloped stand alone site in this industrial area and suits heavy industry, industrial servicing, storage facilities, transport operations, distribution, and a range of other industrial activities that will benefit from the large large land size. Geotech reports are on hand and can be distributed with an expression of interest. The owner has relocated out of the region and is ready to move this asset on to a new owner.

Contact Sean for more information today.



Features:

• Land area of 4,176m²
  
• Security fencing installed
  
• Services available to boundary: water, power, sewer
  
• Can be subdivided into two
  
• Holding income from existing yard storage tenant
  
• Suitable for heavy industrial activities
  

For Sale by Negotiation

Listing ID: 43149521

The next Pōkeno? Zoning approved

A substantial rezoned development opportunity between Hamilton and Auckland. Comprising approximately 44.3 hectares across two freehold titles, this landholding combines residential, industrial and lifestyle potential within the Taupiri East Precinct.

Approved through an Environment Court consent order in September 2024, the zoning includes General Residential, General Industrial and Large Lot Residential, supported by an adopted precinct structure plan. This provides developers with an established planning framework to progress detailed design and consenting.

Approximately 20–25 minutes from Hamilton CBD, 15 minutes from The Base and Te Rapa, 30 minutes south of Pōkeno and around 85 minutes from Auckland, the properties offer excellent regional connectivity. The neighbouring Taupiri Service Centre adds convenient fuel, food and refreshment options, while prominent boundaries to Gordonton Road and the Waikato Expressway provide exposure and convenient connections to State Highway 1.

The industrial areas offer scope for businesses seeking State Highway 1 visibility and access to the wider Waikato and Auckland markets. The structure plan incorporates a dedicated industrial road corridor designed to accommodate truck movements.

The residential areas provide opportunities for varied housing types, complemented by walking and cycling connections, green corridors, a potential neighbourhood centre and park.

Large Lot Residential land in the southern portion offers lifestyle potential, combining larger properties with a rural setting and views towards Taupiri Maunga and the surrounding landscape.

For developers and land bankers, the combination of approved zoning, substantial scale and diverse development potential presents a rare opportunity.

For sale via Deadline Private Treaty closing 3pm Thursday 26th November, unless sold prior. 

Contact Alan or Luke today for further information.

Features:

• Approximately 44.3 hectares across two freehold titles
• Approved General Residential, General Industrial and Large Lot Residential zoning
• Adopted Taupiri East Precinct structure plan
• Neighbouring Taupiri Service Centre
• Prominent Gordonton Road and Waikato Expressway boundaries
• Planned industrial road corridor, green spaces and community connections
• Strategic location between Hamilton and Auckland
• Development is subject to relevant consents, servicing and precinct infrastructure requirements. Travel times are approximate.

More information: https://www.colliers.co.nz/p-NZL67042864

Listing ID: 43149903

Premium Freehold Land close to Auckland Airport

JLL is pleased to exclusively present 26 Te Tiki Road, Mangere - a rare freehold landholding in Auckland's premier industrial precinct. This exceptional opportunity is offered for sale via Deadline Date for Offers, closing at 5:00 PM on Wednesday, 11 November 2026 (unless sold prior).

Located within the highly sought-after and tightly held Airport industrial precinct, freehold land of this caliber rarely comes to market.

This highly versatile 4,328sqm (more or less) site is level, metalled, and secure. Featuring a short-term lease, the property enables prompt development or immediate yard occupation from July 2027.

The property is surrounded by established national and international occupiers, including Sistema, Freightways, UPS, Service Foods, and the Stevens Group. Strategically positioned for seamless logistics, the site offers close proximity to Auckland International Airport (approximately 2.5km), State Highway 20, and the Southern Motorway network.

Key Features:
4,328sqm freehold site (more or less)
Light Industry zoning offering flexible development options
Metalled and secure with an efficient rectangular configuration
Short-term holding income with a lease in place until July 2027
Fully fenced with prominent frontage on Te Tiki Road
Unbeatable logistics location just 2.5km from Auckland International Airport
Deadline for Offers closing 5:00 PM, Wednesday 11 November 2026 (unless sold prior)

Opportunities of this caliber are exceptionally scarce. Act decisively to secure your position in this premier industrial hub.

To arrange a private inspection or to access the data room, please contact the sole agents.


4,328sqm freehold site (more or less)
Light Industry zoning offering flexible development options
Metalled and secure with an efficient rectangular configuration
Short-term holding income with a lease in place until July 2027
Fully fenced with prominent frontage on Te Tiki Road
Unbeatable logistics location just 2.5km from Auckland International Airport
Deadline for Offers closing 5:00 PM, Wednesday 11 November 2026 (unless sold prior)

Listing ID: 43150370

Investment opportunity – land and buildings

A golden opportunity to secure two adjoining freehold lots on Waikawa Road, just a short walk from Picton’s waterfront, marina and the Interislander ferry terminal.

The property comprises a 1920s-character homestead together with 4 motel units (each on their own title), pool and parking, all set on a well-located central site. Currently presented in original condition, the buildings offer a solid base for either restoration or reconfiguration, subject to the purchaser’s vision and any necessary consents. Two clear options for the right buyer:

Restore and reinvigorate

Bring the character homestead back to its former glory as a substantial private residence, boutique accommodation, or a combination of both. The 4 existing motel units provide additional flexibility for income-generating use or conversion as they are each on their own title. While the established gardens, pool and parking support a range of lifestyle or hospitality outcomes.

Redevelopment potential

Multiple titles in a prime walk-to-ferry location, offering scope for reconfiguration or modest intensification subject to resource consent and compliance within the applicable business 1 Zoning.

Key features:

• Substantial 2,042m² (more or less) landholding over six titles
• 10 guest rooms in the main house, plus four self-contained units and retail premise
• Separate owner's accommodation / apartment with garage
• Established outdoor areas including outdoor patio and swimming pool
• On site carparking
• Large corner site may offer longer-term redevelopment, intensification or alternative-use
• Walk to Picton waterfront and ferry terminal
• 1920s-character homestead
• Existing motel units, pool and parking
• Sold as land and buildings (vacant possession available)

Listing ID: 43154641

Cromwell industrial sites - buy one or both

• Two prime industrial sites totalling 2,505sqm (more or less) each
• Flexible opportunity - can be purchased together or individually
• Desirable position within the business park, excellent signage opportunities onto SH6
• Vacant possession - ideal for owner-occupiers and developers

Located in the Cromwell Business Park, this is a rare opportunity for owner-occupiers and developers to position themselves in Cromwell’s latest industrial subdivision. Each site totals 2,505sqm (more or less) of land area, and there is flexibility to purchase either one or both sites. Occupiers and developers will benefit from the business park's excellent visibility, with immediate access to SH6, also ensuring efficient connectivity via SH6 to both Queenstown and Wanaka.

Surrounded by a mixture of national and global businesses, the property zoning will allow for a multitude of industrial and commercial uses. This will be appealing to a variety of businesses that are looking to establish a foothold in Central Otago’s key commercial service hub.

With strong demand continuing to fuel commercial growth in Cromwell, land availability is limited; this is an opportunity all developers, occupiers and investors should consider.

For further information, please contact:

William Gubb
+64 21 145 6811
william.gubb@bayleys.co.nz

Henry Napier
+64 21 024 64785
henry.napier@bayleys.co.nz

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.