Commercial property for sale

Listing ID: 43031090

Strategic Uptown investment with long lease

• Newly refurbished 533sqm standalone (118% NBS) + six onsite car parks
• Freehold 549sqm land holding with Mixed Use and Grammar School zoning
• Supremely convenient uptown location near CRL stations, CBD and key amenities
• New 6-year lease returning $221,358.80pa + GST with built in growth
• Strategically positioned investment with secure income and future upside

A truly compelling city fringe investment offering secure income with long-term upside in one of Auckland’s most well-connected and tightly held locations.

Extensively refurbished from its warehouse origins into a contemporary commercial workspace with a distinctive industrial aesthetic. Fully leased to a successful kiwi business competing on the global stage on a new six-year term with fixed annual increases, providing reliable and growing cash flow.

A short walk from the new Mt Eden CRL station, a significant catalyst for continued capital growth in the area. The surrounding Uptown precinct continues to evolve as a key fringe hub, underpinned by proximity to the CBD, hospital and universities.

Zoned Business – Mixed Use with an additional height overlay, the site also offers long-term development potential. Currently generating strong income, there is also flexibility for future occupiers to secure this impressive commercial space for themselves. Call now to discuss the potential.

Listing ID: 43034306

Occupy or Invest | A-Grade East Tāmaki Industrial

Occupy or Invest | A- Grade East Tāmaki Industrial

JLL are extremely proud to exclusively present 5 Barmac Place, East Tamaki for sale with vacant possession via Deadline Sale . Offers close at 4pm, Thursday 21 May 2026 (unless sold prior).

Located on a freehold land parcel of 3,758sqm, the building comprises an expansive clear span tilt-slab constructed warehouse and modern offices. This highly functional design presents a perfect warehouse to office ratio for modern business users, including logistics, storage and distribution as well as light manufacturing.

Both owner occupiers and astute investors do not want to miss this rare opportunity to add this trophy asset to their portfolio

For sale via Deadline Sale, closing 4pm Thursday 21st May 2026 (unless sold prior)

It is a very rare to have a facility of this grade come to the market so don’t hesitate to call the Sole Agents to arrange a viewing or access to the dataroom.

Chris Wakim 027 610 8539

Aidan Moss 021 070 8049

Steven Harris 021 187 8769

• 3,758sqm freehold land
• 1,968sqm clear span A grade warehouse
• 220sqm modern office and amenities
• Fenced and secure yard space
• Ample car parking
• Light Industrial zoning
• Holding income of $363,419 net p.a. until October 2026
• Vacant possession - unlock potential immediately

Listing ID: 43035071

Well Established, High Performing Asset

Colliers are proud to present to the market for sale 94 Oxford Street in Levin, a secure, well-established commercial investment opportunity.

The property is tenanted by well-known local company Swazi Apparel, who have been operating in Levin since 1994, providing investors with immediate and reliable income.

With approximately five years remaining of the lease term, this asset offers strong value and minimal management requirements.

Ideally located on State Highway 1, the property benefits from excellent exposure and accessibility.

The property is available For Sale with Offers Over $3,000,000 (plus GST, if any).

All enquiries and arrangements to undertake inspections to be directed to Alan Pye on 027 518 1909.

(Note: All measurements, specifications and boundary lines are approximate only).

Features:

• Net rental $185,625 per annum (plus GST)
• 10 year lease term from 30 August 2021 with further rights of renewal
• Land area 2,165sqm
• Floor area 2,782sqm
• Freehold title
• Seismic status 71% NBS (IEP report prepared by Silvester Clark Limited, dated 5 December 2013)

More information: https://www.colliers.co.nz/p-NZL67039819

Listing ID: 43035079

High-Profile, Secure Cash Flow, Heavy Industrial Investment

CBRE, in conjunction with Colliers New Zealand, is proud to present 64 Hunua Road, Papakura — a high-quality, multi‑tenanted heavy industrial investment located within one of South Auckland’s most rapidly expanding industrial corridors.

The property comprises a 5,496.6sqm industrial complex on a 9,091sqm freehold corner site, benefiting from dual access via Hunua Road and Crosley Road. Fully leased to four established tenants, the asset delivers a strong split‑risk income underpinned by a 6.5‑year WALT.

Key Highlights:

• Returning $896,840 net p.a. + GST
• Fully leased to Total Coatings, GFL Benchtops, Elite Kitchens & Cabinets and Willow Lane Events
• Heavy Industry zoning – highly flexible and tightly held
• Modern and well‑maintained improvements with high‑stud warehousing and multiple roller doors
• Strategic South Auckland location with excellent access to SH1 and the Golden Triangle

A compelling opportunity to secure a stable, income‑producing industrial asset in a growth location with enduring zoning fundamentals.

For Sale via Deadline Private Treaty, closing on Thursday 28 May 2026 at 4:00pm (Unless sold prior)

Listing ID: 43035200

Coastal investment on prime development land

• Diversified income of $355,043.34 per annum over a range of tenancy types
• High profile 1,232sqm (more or less) triple fronted site
• Town Centre Zoning allowing for apartment redevelopment up to 18 meters

68–76 Clyde Road presents a compelling investment opportunity underpinned by a diversified income stream and established tenancy profile with significant development potential in the heart of Browns Bay.

The property generates a total net rental of $355,043.34 per annum, spread across eight separate tenancies, providing investors with a balanced and resilient cashflow. The income is supported by a mix of medical, retail, office and service occupiers, including well established local businesses and long-standing tenants, delivering continuity of income, underpinned by a long-standing anchor tenant on a new 5 year lease term. The property’s income profile is well diversified, comprising approximately 33% food and beverage, 31% medical, 20% traditional retail, and 15% education/office.

The site’s prominent corner position and underlying landholding create a highly logical redevelopment opportunity in the future, with significant upside for a future apartment development above ground-floor commercial capitalising on this sought after coastal location and triple fronted site.

Listing ID: 43035337

Premium Industrial Opportunity in Wigram

CBRE is pleased to present Unit 16, 3 Stark Drive, Wigram, a modern, architecturally designed industrial property within the highly sought‑after Harvard Hub development.

Positioned just off Christchurch’s Southern Motorway and approximately six kilometres from the CBD, the property offers excellent access and long‑term appeal in a tightly held industrial precinct.

The unit provides approximately 788sqm* of functional warehouse and office space and offers immediate income with future flexibility for investors or owner‑occupiers.

Investment highlights:

• Owner-occupier opportunity
• North-facing, architecturally designed industrial unit in established hub
• 788sqm* of warehouse with adjoining office and showroom
• Open-span warehouse with excellent stud height
• Excellent access to main transport routes
• Desirable Wigram location
• 15 on-site car parks plus additional off-street parking
• Flexible leasing profile offering holding income with future upside
• Asking price: $2,355,000 + GST (if any)

This property presents an appealing opportunity for an owner-occupier or investor looking to secure a modern industrial asset in a proven location. The current lease structure provides income with the flexibility to occupy or re-lease longer term.

For further information or to arrange an inspection, please contact the Sole agents Paul Brown & Jeremy Brown for more information.

*Approx.

Listing ID: 43035420

Prime Coastal Commercial Opportunity

Positioned in the heart of the thriving Beachlands township, 43 Wakelin Road presents an exceptionally rare chance to secure a strategic commercial holding in one of Auckland's fastest-growing coastal communities. With no other commercial property currently available for sale on the coast, this is a standout opportunity for investors, developers, and owner-occupiers seeking a tightly held asset with immediate income and long-term upside.

Key Property Highlights:

• Business - Neighbourhood Centre Zone
• 1,012m² freehold site
• Quality building constructed by GJ Gardner Homes
• Two established tenants providing diversified income
• 11 on-site car parks
• High-profile position in central Beachlands
• Offered for sale by Tender (Unless Sold Prior)
• Motivated vendor has already purchased elsewhere

Strong Dual Income Stream:
Tenancy One - Unichem Pharmacy

• Returning $12,500 + GST.
• Tenant contributes 15% share of outgoings
• Configuration: 2 x 2 x 2
• Expiry 14 January 2027

Tenancy Two - Pohutukawa Vets

• Returning $43,000 + GST
• Tenant contributes 85% share of outgoings
• Configuration: 3 x 3 x 3
• Expiry 8 April 2031

Why This Property Stands Out:

• Rare Supply: Commercial assets in Beachlands and the wider coastal precinct are tightly held, with very limited turnover. Opportunities of this calibre are seldom available.
• Future Growth Potential: The Business - Neighbourhood Centre Zone provides compelling future development potential, making this more than just an investment-it is a landbank opportunity with upside.
• Strategic Location: Servicing the established Beachlands / Maraetai catchment and growing residential population, the property benefits from strong local demand and limited competing commercial stock.
• Secure Existing Income: Two well-known local tenants offer immediate holding income while future plans are considered.

Motivated Sale!
The current owner has already purchased elsewhere and is highly motivated to achieve a result. A premium coastal commercial asset with income, parking, zoning flexibility, and future potential. Opportunities like this are extremely rare.

43 Wakelin Road, Beachlands - secure it before someone else does.
Tender (Unless Sold Prior), Closing 4pm Friday 22 May 2026.

Listing ID: 43035457

Prime commercial space in Motueka's CBD

Discover your next business venture at 72 High Street, Motueka, a prime commercial property that combines functionality with outstanding location advantages. This impressive dual-level office space offers everything you need to elevate your corporate presence and facilitate success in the bustling heart of Motueka's CBD. Whether you’re looking to establish a corporate headquarters or seeking a versatile environment for serviced offices or professional services including medical, dental, legal, financial or accounting, this property is a perfect match for your ambitions.

Upon entering, you will be greeted by an expansive internal office area of 340sqm that seamlessly accommodates a variety of work styles. The layout is thoughtfully designed over two levels, ensuring ample room for collaboration and productivity. The spacious boardroom is ideal for hosting meetings, presentations, or brainstorming sessions, while a well-appointed kitchen provides convenience for staff and clients alike. The modern facilities are complemented by an abundance of natural light, creating an uplifting atmosphere conducive to creativity and innovation.

One of the standout features of this property is the secure parking area, complete with an electronic gate for added peace of mind. With space for up to six vehicles, your team and clients will appreciate the convenience of designated parking. The beautifully landscaped gardens surrounding the building not only enhance the aesthetic appeal but also create a welcoming environment for visitors and staff, providing an engaging space to unwind or hold informal meetings outdoors.

Situated on a prominent corner site, this property boasts excellent visibility for signage, making it easy for potential clients and customers to locate your business. The vibrant Motueka CBD offers a range of amenities and services nearby, providing your team with everything they need within reach. As a strategic location, it caters not only to local professionals and businesses but also to the growing tourism market, adding extra potential for those in the service industry.

This remarkable opportunity at 72 High Street is not to be missed. Whether you're ready to make a bold move for your business or seeking a strategic investment, this property is positioned to meet diverse needs and foster growth in a thriving community. Don’t hesitate to seize this chance to elevate your business presence in Motueka. Contact us today for further information or to arrange a viewing and take your first step towards making this outstanding property your own.

Listing ID: 43035597

Prime asset in Orbit

For sale via Deadline Private Treaty, closing 4pm Thursday, 21st May 2026 (unless sold prior).

• Returning $96,000pa + GST and outgoings
• Solid tilt slab construction
• Road frontage profile
• Multinational tenant (operating in 130+ countries)
• 438sqm (approximately) total floor area
• Favourable rental growth
• Container-friendly development

Jaye Miller 027 376 1118 | Laurie Burt 027 413 6174

Get in touch to view this excellent industrial investment opportunity, located on prestigious Orbit Drive in Rosedale / Mairangi Bay.

Positioned prominently on the road frontage, the property is leased to a well-established multinational tenant who has occupied the premises for an extended period and has recently renewed their lease. AFL Global operates across more than 130 countries globally.

The building offers a highly functional internal layout, comprising 274sqm warehouse, 82sqm ground floor showroom and/or office, plus 82sqm first floor office, all complemented by an attractive and professional road frontage profile.

Listing ID: 43035709

CBD Add‑Value Opportunity with Income

39 Johnston Street is a freehold commercial building located in the heart of Wellington’s CBD, offering approximately 943 m² of net lettable area across five levels. The property provides a rare combination of vacant space ready for occupation or repositioning, together with established holding income from existing tenants, creating flexibility for a wide range of purchaser profiles.

The building includes a ground floor retail or office opportunity, three upper floors of office or studio accommodation, and a penthouse level featuring a generous balcony with views toward Midland Park and the waterfront. Secure lift access services all floors, and recently refurbished levels present a modern standard with LED lighting and updated layouts.

The property is underpinned by holding income of approximately $119,940 plus GST per annum from established tenants, while multiple vacant floors provide immediate upside through leasing, owner occupation, or refurbishment. This balance of income and vacancy positions the asset well for add-value investors and owner occupiers seeking control in a tightly held CBD location. 

Situated on Johnston Street, the property benefits from direct connectivity between Lambton Quay and the Wellington waterfront, with excellent access to public transport, parking facilities, and the city’s commercial and hospitality amenities. Surrounding development and recent leasing activity continue to reinforce the long-term appeal of this central precinct.

*Please note all areas and values are approximate only.

For more information or to arrange a viewing contact:

Hamish Templeton on 029 127 0018 or 

hamish.templeton@colliers.com

Alistair Robertson on 021 418 647 or 

alistair.robertson@colliers.com

Features:

• Highly sought after location
• Three floors ready for occupation
• Holding income $119,940 + GST p.a.
• Vacant penthouse suite with balcony
• Wilson Parking building located across the road
• Close to public transport and waterfront

More information: https://www.colliers.co.nz/p-NZL67039813

Listing ID: 43038106

Global Tenants. Secure income. Scarce scale.

Bayleys is pleased to present for sale 30 Aintree Avenue, Auckland.

Opportunities of this scale, with global tenant covenants, are rarely presented to the market within Auckland's core logistics precincts. Positioned moments from State Highway 20 and Auckland International Airport, the property sits within a critical distribution corridor where supply remains tightly constrained.

Anchored by Danone Nutricia and Kuehne + Nagel, the asset delivers secure split-risk income, with near-term opportunities to capture rental growth. Recent tenant reinvestment further reinforces occupier commitment and long-term functionality.

Key Features:

• Fully leased to multinational occupiers Danone Nutricia and Kuehne + Nagel
• Net rental of $2,175,790pa + GST
• Significant 13,276sqm (approximately) of improvements across two tenancies
• Generous 1.4846ha (more or less) freehold landholding
• Strategically positioned minutes from State Highway 20 motorway access and Auckland International Airport
• Rare large-scale industrial holding within a tightly held logistics precinct
• Prime logistics location minutes to State Highway 20 and Auckland Airport
• Split-risk income profile with structured rental growth
• Evidence of tenant commitment through recent reinvestment
• Near-term rental upside, including office component potential

Listing ID: 43039089

Consented (Sep 4, 2025) Premium Residential Subdivision

Set across a 6.43-hectare freehold site, this fully consented residential subdivision delivers 61 new lots across six staged releases in one of New Zealand’s most sought-after coastal settings. Conceived and progressed through the consenting process by Endeavor Park Developments Ltd, the project offers genuine opportunity for owner-occupiers, investors, and developers seeking a well-connected, amenity-rich environment.

With lot sizes ranging from 455 m² to 1,312 m² net area, provision for full services is secured for every lot, covering reticulated water, sewer, underground power, and telecommunications.

Key Features:
The Location – Coastal Living with Reserve Surrounds.

• Bordered by Victoria Recreation Reserve and Endeavour Park.
• Walking and cycling trail along the Endeavour Stream corridor, the snout & walkway.
• Direct pedestrian access to Victoria Domain via the newly formed accessway reserve.
• Zoned Urban Residential 2 – Proposed Marlborough Environment Plan.

The Lots – Scale & Flexibility

• 61 freehold residential lots ranging from 455 m² to 1,312 m² net area.
• Combination of front and rear lots across six staged releases.
• Staged release providing flexibility for phased investment or development.

This subdivision delivers a rare combination of natural amenity, strong infrastructure, and long-term potential — all within a thriving Marlborough coastal community.

At Frank we take a proactive approach with Landlords, Buyers & Sellers, by understanding their needs and providing a range of suitable commercial property options.

We are a national agency providing prompt and personal service New Zealand wide. Our streamlined process means a better result for all parties involved.

With Frank, clients are better equipped to make an informed decision, streamlining the process for Landlords & Vendors.

We would enjoy the opportunity to work with you to find the property solution best suited for you.

Connect with us:
Facebook: facebook.com/frankcommercial
Instagram: instagram.com/frank_commercial
LinkedIn: nz.linkedin.com/company/frankcommercial

Listing ID: 43039168

Quality Educational Investment

Secure this commercial investment comprising two levels of quality commercial space with secure basement car parks conveniently located in Hamilton's CBD fringe. Leased to two established national tenants being the Northern Health School (Ministry of Education) and Te Rito Maioha Early Childhood New Zealand. It's time for the vendor to move on providing an excellent opportunity for attractive returns here. 

For sale by Deadline Private Treaty closing 3.00pm 28th of May 2026 (unless sold prior). 

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

Features:

• High profile commercial space
• Quality established educational tenants
• Two levels of commercial space
• Secure basement car parks

More information: https://www.colliers.co.nz/p-NZL67039915

Listing ID: 43039785

Dual income commercial asset

Positioned on a highly visible arterial route, 811 Heretaunga Street East offers a versatile commercial opportunity appealing to both investors and owner-occupiers. Located just minutes from both the Hastings CBD (approx. 3-minute drive) and Havelock North (approx. 8-minute drive), the property benefits from excellent connectivity and access to two of Hawke’s Bay’s key commercial hubs.

The property features a converted 200m2 (approx.) house set on a generous 1,138m2 (more or less) landholding, providing strong exposure and accessibility. With two tenancies in place, the property generates a net rental of $69,832.88 p.a., with all outgoings paid by the tenants, delivering a low-maintenance, passive income stream. The dual-tenancy configuration also offers flexibility - ideal for an owner-operator seeking to occupy part of the building while retaining income from the second tenancy.

Key Investment Highlights:

• High-profile arterial location
• Approx. 3 mins to Hastings CBD | 8 mins to Havelock North
• Two tenancies providing diversified income
• Net rental: $69,832.88 p.a.
• Outgoings paid by tenants
• Owner-occupier or investment opportunity

A well-located commercial asset combining income, flexibility, and strategic positioning in a sought-after Hawke’s Bay location.

Call Property Brokers today to arrange a viewing.

Listing ID: 43039872

Unlock the Rezoning Treasure

41,000 sqm (more or less) Future Urban Zoned Land
Indicative future zoning: Business – Light Industrial

• Flat, regular, rectangular site
• Currently generating holding income from an established nursery operation
• Prioritised for infrastructure delivery under Auckland Council’s growth strategy
• Indicative rezoning timing brought forward to 2025+

3 Spedding Road is centrally positioned within Spedding Industrial, a 46 hectare modern industrial estate that is fast emerging as one of Auckland’s most important growth locations. Approximately 70% of available industrial sites within Spedding Industrial have already been sold down, with new purpose built facilities for Kohler, Tranzit Coachlines, and CDB Goldair currently under construction.

In addition, Property for Industry has acquired approximately 6 hectares, with construction underway on a four building industrial development.

The subject property is located just three properties away from the existing, live zoned Spedding Industrial estate, placing it in a highly strategic position to benefit from the next stage of industrial expansion.
Significant public and private infrastructure investment has already been completed in the area, materially enhancing the development prospects of the site. Designations are in place for a future extension of Spedding Road, which will create a continuous arterial corridor connecting Fred Taylor Drive, Westgate, and Hobsonville Road, Hobsonville.

The upgraded roading network provides efficient access to the Western Ring Route and State Highways 1, 16, and 18, significantly improving freight and commuter connectivity.

Auckland Council has brought forward the anticipated rezoning timeframe by approximately 10 years, signalling a new indicative rezoning window of 2025+, as outlined in the Future Development Strategy. These signals position Whenuapai as one of the next genuine locations for rezoning to Business – Light Industrial.

The property is currently occupied by the owner’s established plant nursery business, Container Nurseries, which has operated from the site since 1983. The owner intends to transition the business to an alternative location, providing holding income for a new owner in the interim.

The site is also strategically positioned adjacent to two neighbouring properties owned by experienced add value land developers, further reinforcing the long term development narrative for this location.

Deadline private Treaty closing Thursday 4th June 2026 4pm

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

David Mayhew
021 480 289
david.mayhew@savills.co.nz

Tom Cooper
021 056 3684
tcooper@savills.co.nz

Luke Goldstone
021 147 7400
luke.goldstone@savills.co.nz

Listing ID: 43039939

STREET FRONT GEM WITH THREE CAR PARKS

Deadline sale: Closes on Thursday 28 May 2026 at 4:00PM (unless sold prior)

High-exposure corner position offering flexible use and vacant possession.

Secure a rare opportunity to own or occupy this versatile 32m² ground floor commercial unit in the heart of the tightly held Westmere village precinct. 

Positioned on a prominent corner with dual street frontage, an expansive window display, and excellent signage exposure, this property is perfectly suited to owner-occupiers, investors, or boutique operators seeking a highly visible presence in one of Auckland’s most desirable city fringe suburbs.

Located within a well-established mixed-use complex with residential apartments above, the property benefits from a built-in local customer base, complemented by surrounding neighbouring businesses, including a popular café, hair salon, and beauty studio.

With zoning that also permits short-term accommodation options such as Airbnb, this is a flexible opportunity with multiple potential uses.

PROPERTY FEATURES:

• 32m² internal floor area
• Stratum in Freehold title
• Three exclusive allocated car parks
• Wheelchair friendly
• Kitchenette and toilet facilities (there is currently no shower)
• Vacant possession – occupy or lease immediately
• Pet-friendly complex

Ideal for boutique retail, professional services, consulting rooms, studio space, small office, beauty/wellness, and specialty operator use.

Opportunities of this scale and flexibility in Westmere are exceptionally hard to find.

Contact us today for further information or to arrange a viewing.

Listing ID: 43040121

Developer says sell! Priced reduced!

A rare opportunity to secure two vacant land sites in a tightly held industrial precinct. The developer is highly motivated and has given clear instructions, these lots must be sold. Positioned at 15 Anianiku Place and 5 Kiriwehi Street, these vacant land offerings provide flexibility for owner-occupiers, investors, or developers looking to capitalise on a strategic landholding. Whether you’re planning to build, landbank, or unlock future development potential, this is an opportunity not to be missed.

• Two separate vacant land lots for Sale
• 5 Kiriwehi Street 1882m2 (approx.) Price $1,673,098 + GST (if any)
• 15 Anianiku Place 6946m2 (approx.) Reduced Price $5,383,150 + GST (if any)
• Flexible options for development or investment
• Located within an established and growing industrial area
• Excellent access to key transport routes and surrounding infrastructure

Secure your stake in a high-demand location with strong underlying growth and development momentum.
Contact the sole agents for more information.

Listing ID: 43040162

Mortgagee Sale

This vast commercial property is set right in the middle of town, on a prominent corner site on the sunny side of the main street and right on the main State Highway.
The building can accommodate multiple tenancies which in the past has included a Thai restaurant and bar, a sports bar and gaming lounge, plus a boarding house with numerous rooms and shared facilities plus private flats on the upper level.
Land Area: 1,092m2 (approx) Floor Area: 1,390m2 (approx) Zoning: Commercial Management.
Particulars and conditions of sale are available.
This is a mortgagee sale, and the property is being sold as is, where is. Interested parties are strongly recommended to undertake their own due diligence on the property.
Auction day Wednesday 3rd June at 2pm, Venue is the Harcourts Waipukurau office 2 Northumberland St Waipukurau

Listing ID: 43040196

TIGHTLY HELD UNIT - OCCUPY OR INVEST

Deadline sale: Closes on Thursday 4 June 2026 at 2:00PM (unless sold prior)

Situated within the Rosedale Retail Centre, a popular retail complex consisting of 39 shops with an extensive range of restaurants, retail and services. Nestled between the supermarket giants, Wang Korea Food Market and Tai Ping Supermarket, providing huge exposure and fantastic traffic count.

The popular and vibrant centre strategically sits in the locality of an established catchment of residential and commercial precincts, taking advantage of a 19,640 five-day average daily traffic count on Rosedale Road.

This unit comprises 80m² of retail space plus a rear balcony of approximately 21m². There is ample car parking and multiple access points to the site. Flexible options for a wide variety of business uses with usable existing fitout in place.

• Located directly between anchor brands Wang Korea Food Market and Tai Ping Asian Supermarket
• 80m² retail and 21m² rear balcony approx. with ample car parking and multiple access points to the site
• Previously used as and fitted out as a hair salon, this unit will suit a large variety of retail uses
• Nestled within the popular and vibrant Rosedale Retail Centre, consisting of 39 shops
• Huge exposure for your business with a 19,640 five-day average daily traffic count on Rosedale Road
• This unit is also available for lease at a net rental of $60,000 + GST per annum

Listing ID: 43040244

Dual‑Income Industrial Property in Ngauranga

Opportunities to acquire a fully leased industrial property in Ngauranga Gorge are exceptionally rare. Widely regarded as Wellington’s premier industrial precinct, Ngauranga is tightly held due to its unparalleled centrality and enduring tenant demand.

Often described as “10 minutes from everywhere”, Ngauranga offers immediate access to Wellington CBD, the Hutt Valley and Porirua, making it one of the region’s most strategically located industrial hubs. As a result, properties in this location lease quickly and benefit from long-term occupancy.

Unit I, 20 Glover Street forms part of the well-established Glover Street Business Park, a respected seven-unit development constructed in the late 1980s and subsequently strengthened. The unit is supported by generous on-site parking, with 21 spaces in total (18 formal and 3 informal), a notable advantage for tenants and a rarity in comparable assets.

The property enjoys excellent connectivity, with direct access to key arterial transport routes and efficient travel times of approximately 10 minutes to Wellington CBD, 15–25 minutes to Lower Hutt, and 10–15 minutes to Porirua. This level of accessibility underpins sustained tenant demand and long-term investment performance.

The building is fully leased to two tenants, providing diversified income and reduced vacancy risk, appealing to investors seeking stable and defensive cash flow.

This is a tightly held location and a compelling industrial investment underpinned by strong fundamentals. We commend this property to investors seeking secure income in a proven Wellington industrial precinct.

Contact our brokers for further information:

Tim Julian on 021 488 029 or tim.julian@colliers.com

Kieran Lennon 021 137 1472 or kieran.lennon@colliers.com

*Please note: all floor areas are approximate only

Features:

• Central location close to Wellington CBD
• Excellent access to key transport routes servicing the wider Wellington region
• 70% NBS (approx.) following strengthening works completed in 2016/17
• Net income of $315,000 + GST (approx.)
• 18 on-site car parks plus 3 informal (21 total)
• Tightly held location

More information: https://www.colliers.co.nz/p-NZL67038564