Commercial property for sale

Listing ID: 42913597

Receivership Sale - Obvious Add-value Opportunity

Under clear instructions from the Receivers, this partially completed multi-unit investment will be sold.

Positioned prominently on Te Irirangi Drive, one of East Auckland's busiest commercial corridors, this property presents an outstanding opportunity for investors or developers to secure a near-complete, high-yield mixed-use asset and unlock its full potential.

Comprising three-unit titles and spanning approximately 514sqm of retail space plus 11 one-bedroom studio apartments on the first floor, the property is ideally suited to deliver a diversified income stream across both commercial and residential tenancies.

Investment highlights

• Split risk investment with obvious add-value opportunity
• Estimated holding income $373,008 net per annum + GST
• Strategically located in Flat Bush
• Zoning: Mixed Use Zone
• Total commercial area of 514 sqm (approx.)
• 11 x short term residential units

This is a rare opportunity to acquire a high-profile, income-producing property with multiple upside options in one of Auckland's fastest-growing precincts.

NAI Harcourts is favoured with instructions from the Receivers to offer Unit 3-5, 302 Te Irirangi Drive, Flat Bush, Auckland for sale by Tender closing 4pm on 27th November 2025. (unless sold prior)

Listing ID: 42919134

High-Demand CBD Hostel Investment

Positioned right in the centre of Auckland's CBD, 18 Liverpool Street represents a standout chance to acquire a full-site freehold property with exceptional condition, income upside, and future optionality.

This nine-storey building sits on a 354sqm freehold site, delivering approx. 1,771sqm of total floor area. Currently arranged into 46 accommodation rooms across six of the floors, the property is operating as a premium hostel with a strong reputation and consistent demand from both local and international guests.

The Business - City Centre zoning unlocks significant scope for alternative or re-purposed use. Boutique hotel, elevated student housing, serviced apartment model, or a mixed-use conversion could all be explored (subject to consents). Its location is first class - moments from Queen Street, K Road, Auckland Hospital, the University of Auckland, AUT, and the Cordis Hotel, with outstanding access to motorway links, public transport networks, and future City Rail Link stations.

For those planning to run their own accommodation business, the current setup provides an ideal starting point - continue the existing offering, or rebrand and reposition to suit personal business strategy. International purchasers will also recognise the value here - a rare freehold landholding in the most active commercial and cultural zone in New Zealand.

A Seismic Grade A result (2018 IEP) adds further certainty around structural strength and building quality.

Rare, adaptable, and superbly located - 18 Liverpool Street is a compelling proposition for investors, developers, and owner-operators wanting a strong foothold in central Auckland.

Contact us today for the full information pack, and to discuss this opportunity in more detail.

Listing ID: 42919297

Proven Performer – Waimate CBD

This property presents an outstanding commercial investment opportunity in the heart of Waimate. Strategically positioned within the CBD, it benefits from flexible mixed-use zoning that supports a range of commercial and light industrial activities, enhancing its long-term utility and investment appeal.

Held by the same owners for over 35 years, the property has been meticulously maintained and developed, reflecting genuine pride of ownership. This enduring ownership and tenancy history underpin a proven record of stability and performance.

The improvements include a character main building of Edwardian styling, carefully upgraded and maintained over the years, complemented by a modern 2012-built structure providing garaging and storage facilities.

Together, they sit on a generous freehold landholding across two titles, offering scale and flexibility in a central setting. The property is fully leased to a respected anchor tenant under long-term arrangements, providing secure, reliable income with minimal relocation risk due to the tenant’s operational fit and established local presence.

This investment combines a prime CBD Waimate location, low-risk tenant, and strong underlying land value, making it a compelling passive investment in a growing regional centre.

Listing ID: 42919298

Strategic Timaru Investment – Proven Returns

This property presents an exceptional investment opportunity in one of Timaru’s most desirable suburban locations. Situated within the sought-after suburb of Gleniti, this substantial freehold property offers a rare combination of strong commercial income and underlying residential land value.

Held by the same owner for the past 22 years, the property has been meticulously maintained and reflects long term pride of ownership.

Occupying a prominent position on Mountain View Road, the site enjoys excellent visibility and accessibility, linking Gleniti, Highfield, and Timaru’s CBD. The surrounding area is well established and continues to experience consistent residential growth, reinforcing the long-term value of this location.

The property features a high-quality, purpose-built facility on a generous landholding of approximately 6,480 sqm. It is fully leased to a respected anchor tenant on long-term lease arrangements, providing investors with secure, low-risk income and minimal likelihood of relocation due to the specialised nature of the premises.

This unique combination of residential zoning, strategic location, proven ownership stability, and established tenancy strength positions 160 Mountain View Road as a standout passive investment with future flexibility, in one of Timaru’s most sought-after locations.

Listing ID: 42920114

Blue-chip commercial asset in the heart of Picton

Positioned at the gateway to Picton’s bustling waterfront strip, this high-profile freehold property offers investors a rare chance to secure a true “cornerstone” asset in one of the region’s most sought-after retail precincts.

Set on a prominent corner at the end of Picton’s main street, the site enjoys unbeatable exposure to both pedestrian and vehicle traffic, all against the stunning backdrop of the picturesque Picton Harbour. Located on Picton’s main retail spine, just steps from the foreshore, the property sits in the heart of shopper and visitor flows, benefiting from strong and consistent footfall driven by tourism, ferry passengers, and locals alike.

This 446 sqm (approx.) freehold building is fully tenanted by three successful, long-standing businesses, delivering a combined annual rental income of $130,800 + GST & outgoings. With reliable tenants in place, this is a truly turnkey investment delivering immediate returns and minimal disruption. The tenancy mix is well balanced between hospitality and retail operators, creating diversification that helps minimise future vacancies and enhances income security.

Located within easy reach of the marina, ferry terminal and the daily commuter flow, the property captures attention from both locals and tourists alike - a true hotspot in a growing waterfront town.

Whether you’re expanding your commercial portfolio or seeking a standout standalone investment, opportunities like this are extremely limited.

Immediate action is strongly advised to avoid missing this rare opportunity to secure a premier Picton investment. For detailed lease schedules, tenant profiles, and viewing arrangements, contact your exclusive agents today.

Listing ID: 42920130

The $3.5m Proposition

Rare opportunity!

A vacant, high-profile site in one of Wellington’s most sought-after commercial precincts.

Its prime position within Wellington’s leading automotive industry, plus trade supply hub, makes it ideal for a wide range of occupiers and uses.

The property is within minutes of major arterial routes.

This versatile property offers outstanding combinations of showroom, workshop, office, storage and sealed yard areas. At the rear, the three-bay workshop/showroom features multiple roller doors, excellent natural light, and a modern presentation — ready for your brand to move straight in. The front yard is fully asphalted, providing generous customer parking and outdoor display or storage space. Includes four offices, three toilets, kitchen & filing room.

The fully fenced site includes three electric gates with road crossings, enhancing accessibility with real functionality. A prominent plinth sign fronts Parliament Street, offering excellent visibility to the steady stream of vehicles travelling along Hutt Road and Railway Avenue.

A (DSA) Detailed Seismic Assessment (2025) has rated the building at 67% of the New Building Standard (NBS), with the main elements achieving 80–100% NBS, ensuring confidence in the property’s structural integrity.

Offered with vacant possession.

The vendor is open to leasing back a portion if desired — providing flexibility for both owner-occupiers and investors

 *Please note all areas and values are approximate only.

Features:

• Secure sealed yard and showroom
• 2 minutes to CBD and SH2
• Wellington premier auto trade precinct

More information: https://www.colliers.co.nz/p-NZL67037264

Listing ID: 42920517

Split Risk, Multi Tenanted Investment

282-284 Kaikorai Valley Road, Dunedin offers key investment fundamentals rarely seen on the open market. Multiple tenants, across both residential & commercial, mean the income stream of this property is diversified, and splits the risk across various channels.

The property currently has four commercial tenants, being Amplified Cosmetica, Goldstar Takeaways, Envy Hair Studio, and a Government tenant.

The mixed-use nature of this property also provides for a 3 bedroom residential tenancy.

There is a currently unutilized (vacant) portion the property as well, which a prudent investor may look to lease out, to further diversify the income.

This tenant mix ensures split risk rental income - sure to appeal to many investors, who want to minimize the risk that any future tenant vacating only causes minimal cashflow disruption.

Key Property Information:

• Site area 1,012m2 (more or less)
• Total floor area 432m2 (approx.)
• Freehold tenure
• 5/6 tenancies - split risk income
• Industrial build at the rear (Government tenant) was constructed circa 2022 to a premium standard
• Located on key arterial route

For Sale by Negotiation.

Contact the nominated broker for more information.

Listing ID: 42920709

Lincoln Road Corner Development Site

A rare and strategic opportunity awaits with this vacant land offering, comprising two adjoining sites totalling 815sqm. Positioned prominently on the corner of Norval and Lincoln Road, the property benefits from exceptional visibility and exposure to one of West Auckland’s busiest arterial routes, with an estimated 45,000–48,000 vehicles passing daily. 

The site is zoned THAB (Terrace Housing and Apartment Buildings) and previously held resource consent for a medical centre which has now lapsed, presenting a valuable precedent for future healthcare or commercial use. Directly across the road is the Waitakere Hospital, further underpinning potential opportunities. 

With its prime location, strong traffic flow, and development potential, this property is a standout opportunity for investors, developers, or owner-occupiers looking to secure a high-impact site in a thriving area.

Our motivated Vendor has clear instructions to sell. For more information or to arrange a viewing, contact our West Auckland experts today.

Features:

• 815m² Vacant Site
• Lapsed resource Consent approved for a three level Medical Centre and Cafe
• Excellent corner site with profile facing Lincoln Road
• Opposite the Waitakere Hospital and nearby retail
• Flat Contour
• Two titles
• Tightly held location
• Zoning Residential - Terraced Housing and Apartment Buildings under the Auckland Unitary Plan

More information: https://www.colliers.co.nz/p-NZL67037320

Listing ID: 42926262

Bell Block industrial sites

Located off Cory John Place, in the heart of the Bell Block industrial precinct. Sites from 1,501sqm through to 10,000sqm (more or less), all with title and available for immediate possession. Located within close proximity to State Highway 3, which is the major arterial route north, and approximately 9km commute to the New Plymouth CBD.

Fantastic opportunity for owner-occupiers, developers, and investors to secure land in the well-established and fast-growing Bell Block industrial precinct. The location is one characterised by a variety of industrial uses including bulk storage, logistics warehousing, manufacturing, engineering and more. Neighbours include The Hive, McCurdy Trucks, First Gas, Toll and Trundle Automotive.

Lot 11 - 4852sqm
Lot 12 - 2,224sqm
Lot 14 - 3,633sqm
Lot 19 - 1,698sqm
Lot 20 - 1,501sqm
Lot 21 - 1,599sqm
All measurements are more or less.

Call now for more information.

Listing ID: 42927368

"Clean-Cut" Entry Level Investment

Positioned in one of Auckland’s most sought-after city-fringe locations, this contemporary commercial unit offers a quality, low-maintenance investment opportunity just moments from the vibrant Ponsonby precinct.

At an affordable entry point into a premium city-fringe location, secure a steady income stream in a strong area of commercial and residential activity.

Features:

• Location:  Grey Lynn, adjacent to the highly sought-after Ponsonby precinct.
• Income: Net return of $30,000 per annum
• Tenant: Established barber with strong local following, providing stable cash flow.
• Title: Unit title property with one dedicated car park included.
• Zoning: Business – Mixed Use, allowing flexibility for future use or redevelopment.

Contact us today to arrange a private viewing or request a detailed information pack.

To be sold via Auction on Tuesday 16th of December 2025 at 11am at Colliers Auction Room, Level 23 HSBC Building, 188 Quay Street, Auckland Central, Auckland 1010 (unless sold prior). 

More information: https://www.colliers.co.nz/p-NZL67037401

Listing ID: 42931567

MORTGAGEE TENDER

Tender: Closes on Wednesday 17 December 2025 at 2:00PM (will NOT be sold prior)

Located in a high-traffic area adjacent to Westfield Newmarket on Broadway, this commercial space with committed tenants presents a secure investment opportunity.

Unit 2A spans a total of 505m² (per tenancy agreements) and is presently divided into three separate tenancies, each with its own partitioned layout and access to a shared kitchen.

Constructed in 1985, the building offers elevator and escalator access and holds an A-grade seismic rating of 89% NBS (2013 assessment), providing peace of mind for long-term ownership.

According to tenancy agreements, the property has a combined annual rental of up to $166,214 + GST and operating expenses. Property is sold subject to existing tenancies, and further terms apply. A solid asset with great income potential and proximity to the Newmarket train station, major bus routes, and in a premium Broadway position. Contact the listing agents today!

Listing ID: 42932057

National Operator Development Site

Savills as sole agents Savills is proud to present a premium commercial development site in the thriving northeast corridor of Christchurch.

Positioned at 420 Marshlands Road, this standout offering provides approximately 3,090 square metres of level regular shaped land currently being subdivided from the parent title owned by Foodstuffs South Island.

Boasting more than 100 metres of corner frontage to one of Christchurch’s major arterial routes and New World entranceway also benefiting from approximately 17,910 vehicles passing daily, this site delivers exceptional visibility profile and access. Opportunities of this scale quality and readiness are seldom available in such an established retail and residential growth area.

Key Features

• Approximately 3,090 sqm of prime development land
• Major arterial exposure with over 100 metre street frontage
• High traffic counts of 17,910 vehicles per day
• Local Centre Zone allowing a wide range of commercial uses
• Surrounded by national operators including New World BP McDonalds Liquorland and Unichem
• Near level regular shaped site ideal for retail, medical or service based development
• Located in Christchurch’s rapidly expanding northeast including Marshland Prestons and Shirley
• Strong population growth and significant infrastructure investment underpin long term demand

Only a short 15 minute drive from the central city this site sits in the heart of a booming suburban precinct supported by major housing growth new schools and large scale commercial investment. The ongoing 100 million dollar expansion of HomeBase delivering more than 41,000 square metres of new retail space further highlights the strength and demand within the area.

This location benefits from a diverse and established mix of anchor tenants creating consistent foot traffic and a thriving retail ecosystem. The catchment continues to grow rapidly and well located commercial land is becoming increasingly scarce.

To be sold by way of Deadline Private Treaty, closing date 4.00pm, Wednesday the 17th of December 2025 (unless sold prior)

Listing ID: 42932386

Character Health Clinic In Cashmere

Here is a rare opportunity to secure a converted character filled house to what is now a very presentable children's health care facility.

The property is well located in the desirable suburb of Cashmere, with a high profile frontage to Christchurch's main street, Colombo Street, ensuring exceptional signage visibility to thousands of daily commuters.

The clinic of approx 127.90m2 is perfectly configured for medical, allied health or professional consultancy (subject to any further consents) offering a warm, welcoming atmosphere.

Currently comprised with a reception/waiting area, 3 consulting rooms, an office and amenities with good mobility access.

The seismic rating is 96% NBS. Situated on a valuable 591m2 freehold site.

The grounds provide ample space of a large sealed carpark (6*) and landscaped gardens.
(*approx.)

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

For Sale: By Auction 11th December 2025 from 11:00am at the offices of Ray White Commercial, Level 2, 76 Hereford Street, Christchurch (unless sold prior)

https://rwcchristchurch.co.nz/

Listing ID: 42932439

Prime Site with Potential++

A rare chance to secure a strategic landholding in the popular suburb of Hamilton East. This property has been operating as a commercial site for many years and is now ready for a new owner to make it their own. Potential ++ with opportunity here - either develop, relocate your business or buy as an investment (vendors appreciate that a resource consent may be required).
• Walking distance to CBD
• Freehold land area of 1,178sqm (more or less)
• Total floor area 245 sqm (approx.)
• Currently consented for Place of Assembly
• Three car garage and four bay carport
• 12 onsite car parks

Myrtle Street is adjacent to the Claudelands Bridge, providing an easy stroll into the CBD. The area is predominantly residential, with APG Architects next door and the obligatory café nearby.

This is a rare opportunity to secure a prime site in Hamilton East on a generous site, close to the CBD, the Vendors are realistic.

Listing ID: 42936993

Live in business opportunity

In the main street of Raetihi this commercial building has been renovated to a 4-bedroom, 3 bathroom apartment upstairs with offices down.

The upstairs living has been double glazed, and includes polished wooden floors, modern kitchen & bathroom as well as ensuites off the two main front bedrooms. One of the upstairs bedrooms also has a basic kitchenette.

The entire upstairs provides comfortable living for someone who is looking for a home and income opportunity.

Because of fire regulations the building would need to be a sole owner occupier/property manager accommodation upstairs with associated business downstairs.

Alternatively, you could investigate turning the entire building into a full residential use (a change of use would be required) or commercial retail/office premises.

Out the back is a flat land locked yard with access via the downstairs office areas.

This is a unique opportunity to get into a family home and start your own business downstairs.

Listing ID: 42937091

Dual-income Investment in heart of Thames

Secure your foothold in Thames busy historic Grahamstown retail precinct with this versatile fully tenanted commercial property. Positioned on a commercially zoned 438sqm (more or less) site, this smart investment offers three income streams, anchored by two street front retail tenancies including a popular local café and Thames only music store, plus a spacious two-bedroom residential flat upstairs.
Dual road frontage provides excellent access and on-site parking for tenants adding to practicality and tenant retention appeal.
Currently returning $52,535 net per annum Plus GST and Outgoings, this is a rare chance to secure an affordable multi tenanted small scale commercial holding right in the Thames town centre.

LIM and EQ assessment available.

Listing ID: 42941269

Well-Positioned Motel and Land Package

111- 113 High Street offers an exceptional opportunity to secure a complete business, land and buildings package in the heart of Eltham.

Zoned Commercial Zone C, the property spans a generous 1,439m2 across two titles and includes 446m2 of buildings, along with convenient on site car parking.

Currently operated as a successful and well loved family run motel, this property is perfectly positioned in a township known for its charm and strong community feel. Eltham may be small, but it punches well above its weight, located just a short drive from Mount Taranaki, Lake Rotokare Sanctuary, the iconic Eltham Cheese Shop and the popular 12 hole golf course.

The motel comprises six studio units, a spacious three bedroom family unit and comfortable owner's accommodation with an office. The buildings are tidy and well maintained, the grounds are attractively presented and the units are clean, welcoming and guest ready.

With its solid operational base, commercial zoning and the flexibility of two separate titles, this property offers excellent scope for future development or enhancement. Whether you choose to modernise the existing accommodation, expand the offering or reposition the business, the potential here is significant.

1,439m2 land area
446m2 of buildings

A rare and rewarding investment opportunity in a strategic SH3 location, ready for its next chapter.

Best Offers In By 4pm Wednesday 28 January 2026 (unless sold prior)

Listing ID: 42941288

Landmark building with penthouse apartment

116 - 120 Gladstone Road, Gisborne - a prestigious piece of Gisborne real estate. Earthquake strengthened to modern standards and now transformed into one of Gisborne's most compelling live and earn opportunities in the heart of the city. Top floor penthouse: take the stairs or ride the chair-lift straight to the top floor and you're home.

This luxurious penthouse has been completely reimagined. Expansive open plan living, large windows framing the city with all day sun, two well-appointed bathrooms including a full master ensuite and two outdoor decks, one overlooking Gladstone Road. Behind it: on the upper level but with separate rear access, are two additional apartments and a large studio. The separate accommodation includes a generous two-bedroom apartment, one-bedroom apartment and a separate studio that is currently operating as a yoga studio. Live in the penthouse and let these three additional spaces to cover a serious proportion of the overheads or keep them for family and guests.

On the ground floor: three premium retail leases on Gladstone Road, delivering proven returns from day one. Rear access: a large four-car secure carpark awaits behind electric gates, in addition to three-car garaging with expansive, secure storage. No Body Corporate, no fees. Pets allowed if you choose. Full flexibility and total control. First time on the market in 30 years and held by only two families since 1904. For the discerning buyer who wants a statement property that performs as impeccably as it impresses.

116 -120 Gladstone Road meets the highest expectations and surpasses them.

Viewing by appointment.

Listing ID: 42941816

Good Quality Small Industrial Unit

This investment property to be sold by way of deadline private treaty.

Offers Invited for the purchase of this Unit containing a warehouse and two level showroom, office in this sought after Sockburn industrial precinct.
Features:
• Provides a 146sqm Unit, with warehouse and quality self contained offices.
• Combination of 48sqm warehouse, and 98sqm of open plan showroom and office areas.
• Current Tenancy provides secure lease through to 2029.
• Warehouse has an interior height of 5.6m at the front and 4.5 m at the rear. There is a powered container height door.
• Two on site car parks. NBS: Greater than 67% .
• Located between the Riccarton and Hornby and close to main arterial roads, Northern and Southern Motorways and Christchurch International Airport.

NOTE: The property is being sold by way of Deadline Sale which closes 4pm Thursday 5 February 2026 unless sold prior to that date.

Contact me now by phone /text for further information and to arrange to view this property.
Jim Nolan Mobile: 0274 313978 Email: jim.nolan@naiharcourts.co.nz


Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/the relevant local authority/CERA and we have not been able to verify the accuracy of the same.

Listing ID: 42941852

Prime Office Investment

Positioned in the heart of Alexandra, this well-presented 370sqm office building offers secure income and excellent future potential. Fully leased to four professional tenants, including a long established dental practice, accountant and insurance firm. Each lease features built-in rent reviews and rights of renewal.

The 607sqmfreehold site is zoned Commercial, with two street frontages and excellent parking in the vicinity. The building also offers scope for reconfiguration to maximise returns. Located near great shops and eateries, this is a rare opportunity to secure a hands-off investment in a tightly held regional market.

If you would like to find out more regarding the current lease arrangements, or would like to arrange a viewing, contact Rhys or Renee today.

*For sale by Tender closing 29 January at 4pm (no prior offers) plus GST (if any)

Disclaimer: The floor area quoted has been sourced from Property Smarts and we are unable to verify its accuracy. Should the floor area be material to your decision to purchase this property, we recommend you carry out your own due diligence on this matter.


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