Commercial property for sale

Listing ID: 43144632

Gateway to Rotorua – Key Corner Site

Positioned within Rotorua’s established Mangakakahi industrial precinct, 33 Clayton Road presents a substantial property comprising 13,400m² building on a 4.4ha site with existing holding income and huge potential for future redevelopment. 

The property occupies a prominent position near the intersection of Clayton Road, Lake Road and State Highway 5, providing excellent connectivity to Rotorua’s CBD, surrounding industrial areas and the wider Bay of Plenty region.

The site is surrounded by a strong mix of industrial, trade, wholesale and large-format commercial occupiers, with the Fairy Springs/ Mangakakahi precinct continuing to establish itself as a key commercial and industrial hub.

With approximately 5,800m² leased (including redevelopment clauses) and the balance currently vacant, the property offers significant scale and flexibility for future development and repositioning.

For sale via Deadline Private Treaty closing 3pm Wednesday 18th November, unless sold prior.

Features:

• 13,400m² existing improvements
• 4.4469ha commercial development site
• $441,915 + GST p.a. holding income
• Excellent access to State Highway 5 and key arterial routes
• Significant future development potential

More information: https://www.colliers.co.nz/p-NZL67042553

Listing ID: 43145176

Long term lease inside the 4 Aves

An outstanding opportunity to secure a well leased investment situated within the Four Avenues. 25D Churchill Street comprises 723sqm of modern recently refurbished office space across two levels and is underpinned by a strong lease providing investors with secure, growing income.

The property is leased on an eight year term with approximately seven years remaining. Further enhancing the investment is well structured rental growth, with annual rental increases of 2.75% providing built in income growth. Beyond the immediate income stream, the underlying land is zoned High Density Residential, presenting attractive long term potential in one of Christchurch's popular residential locations. Investors can enjoy stable returns today while benefiting from the future upside associated with this strategic underline land zoning.  

With motivated vendors committed to a sale, this represents a compelling opportunity for investors seeking a secure, well located asset with both income security and future value add potential.

For further information or to arrange an onsite inspection, contact the sole agents today.

For Sale by Deadline Private Treaty closing 4pm, Thursday 5 November 2026 (unless sold prior).

Boundary lines are indicative only.

Features:

• 723sqm multi level office space
• 8 year lease
• Fixed annual rental increases 2.75%
• Zoned high density residential
• Annual rental of $244,164 + GST and OPEX PA

More information: https://www.colliers.co.nz/p-NZL67042826

Listing ID: 43145512

Prime Picton Commercial Investment

An outstanding opportunity to secure a quality commercial investment in the heart of Picton. Positioned prominently in the town's central Main Street, this 521 sqm property enjoys an excellent location just 200 metres from the waterfront.
Currently home to three excellent tenants, the property provides established income and good returns, making it an attractive investment proposition. With high foot traffic, excellent street frontage and a central location, this property is ideally positioned to benefit from the activity and growth of Picton's vibrant town centre.
Why leave your money sitting in the bank when you could invest in a quality commercial property with established tenants, strong exposure and reliable returns?
Properties of this calibre and location are rarely available, making this a fantastic opportunity for investors looking to secure a sound commercial asset in one of Picton's most sought-after positions.
Viewings are strictly by appointment. Contact us today for more information or to arrange a viewing. Don't miss your chance to secure a valuable asset in Picton's bustling retail landscape.
Asking Price : $870,000 + GST (if any)

Listing ID: 43145522

Port Whangārei Industrial | For sale or lease

Bayleys in the North Commercial is proud to present 13 Fraser Street to the market For Sale or Lease via Deadline Private Treaty, closing at 4:00pm, Wednesday 11 November 2026 (unless sold or leased prior).

• 3,496sqm freehold site with 672sqm quality industrial building
• Light Industrial zoning with low 19% site coverage
• Rear yard, ample parking and consented wash bay
• Notional rent of $113,200 net p.a. + GST
• Available for sale or lease

Offered to the market with vacant possession and positioned within the established Port Whangārei industrial precinct, this substantial freehold property presents a rare opportunity to secure a strategically located industrial asset with excellent functionality and future flexibility.

The property comprises a 3,496sqm freehold title improved by a quality 672sqm building featuring workshop, office, mezzanine, locker room and tool store accommodation, suitable for a wide range of industrial occupiers.

A flat, regular-shaped site provides operational efficiency, while the generous rear yard, ample on-site parking and consented wash bay further enhance the property's appeal.

Offering a versatile opportunity for investors, owner-occupiers and tenants alike, this well-presented industrial asset occupies a sought-after location within one of Northland's premier industrial hubs.

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

Daniel Sloper
021 022 10339

Nigel Ingham
021 562 919

Listing ID: 43145605

Development Site - Key Location - RC Granted

40 Butts Road, Dunedin is a significant development proposition, providing flexible future development options, while having Resource Consent granted for a 53 unit student accommodation complex.

The approx. 5,314sqm site is nestled in close proximity to Dunedin's key tertiary institutions - both the University of Otago, and Otago Polytechnic - ensuring catchment of the student population, a large portion of the Dunedin population as a whole.

Student accommodation in Dunedin is generally of poor quality, and modern accommodation options are generally well sought after. Average rents continue to increase year-on-year, with modern options demanding the premium end of the tenant pool.

To further compliment the site is the unparalleled proximity to both Forsyth Barr Stadium, and the University of Otago Oval.

The existing Resource Consent unlocks significant value. The proposed student accommodation development provides for six individual buildings, offering 53 accommodation units (varying from 1 bedroom, through to 4 bedroom units).

Develop per the Consent, or stage as you see fit, or put your own touch on the site and design to your requirements (all subject to relevant consents).

For Sale at $2,195,000 plus GST (if any). Contact the nominated broker for more information.

Listing ID: 43145716

Purpose-Built Big Chill Depot with Long Lease

CBRE as the exclusive agent is pleased to present 43 Alderson Drive, Palmerston North, for sale by way of Deadline Private Treaty closing Wednesday 4 November 2026 at 4:00pm NZST (unless sold prior).

Purpose-built for Big Chill Distribution, the property supports temperature-controlled storage and distribution operations servicing customers throughout the central and lower North Island. The facility forms an important component of Big Chill's cold-chain logistics network, providing strategically located warehousing and distribution capability within one of New Zealand's principal freight and logistics hubs.

A key feature of the offering is the surplus land area incorporated into the original development, providing scope for future expansion and additional rental growth. Combining specialised logistics infrastructure, secure long-term income and future growth potential, 43 Alderson Drive presents a compelling industrial investment opportunity.

Listing ID: 43145752

Kapiti Industrial with Growth Upside

A substantial, industrial landholding offering established income and genuine future upside - 71 Ruahine Street ticks all the boxes for buyers looking beyond the immediate return.

Set on a sought-after 4,112sqm freehold site, the property provides established accommodation for Clive Taylor Haulage Limited (and part sub-tenant), delivering a current net income of $108,000 p.a.

The lease has recently been renewed for a further three years from 1 February 2027 and with an additional right of renewal takes the final expiry through to January 2033, providing income generation while allowing time to consider the property's longer-term potential.

Positioned close to key arterial routes north and south and surrounded by established operators including Electra, Higgins and Storage One, this is a proven industrial location with the scale and connectivity to support its longer-term potential for larger operators, owner-occupiers and future developers.

Industrial land of this calibre is tightly held — and this property has been held by the same ownership for an impressive 32 years. Now the opportunity is yours - secure an established income stream today, with the scale, location and landholding to unlock tomorrow's potential.

71 Ruahine Street — an established industrial investment with room to grow.

Deadline Private Treaty closing Wednesday 11th November 2026, 2pm (unless sold prior). 

For more information or to arrange a viewing contact:

Dean Anderson on 021 244 2931 dean.anderson@colliers.com

Jo Stewart on 027 641 1680 jo.stewart@colliers.com 

*Please note all areas and values are approximate only

Features:

• 4,112sqm freehold industrial site
• $108,000 p.a. net income
• New 3 year renewal until 2030 plus further ROR
• Strong industrial location with future upside

More information: https://www.colliers.co.nz/p-NZL67042783

Listing ID: 43145855

Workshop with Options

2 options available with this hard working industrial property:

• Vacant possession over both tenancies or
• Vacant possession of one tenancy and a lease back to the vendor over the other 

Ideal for a growing business providing the opportunity to grow into the entire property over time or if you require the whole property. Both tenancies offer highly functional space with 3-phase power and are both self contained with own bathrooms and kitchens.

Located on the main spine of the Seaview / Gracefield industrial precinct, Wellington’s largest you will not lack for industrial services close by whether that be transport and courier services, engineering or mechanical. Just 10 minutes to Hutt CBD, Petone shopping and SH2.

Call now to arrange an inspection or to gain further information.

Please note all areas and values are approximate only.

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

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

Features:

• Flexible occupancy options with a leaseback to the north tenancy on offer at purchaser option
• Sold steel framed buildings with full height concrete exterior walls
• Special business zoning
• Lies within popular Seaview/Gracefield industrial precinct
• Industrial vacancy rate remains low supporting rental growth
• Well set up for workshop use

More information: https://www.colliers.co.nz/p-NZL67042709

Listing ID: 43146010

Rare 9.2ha Kerikeri development opportunity

A rare opportunity to secure a substantial 9.2-hectare landholding in one of Northland's most sought-after growth locations. Situated at 387 Kerikeri Road, Kerikeri, this Rural Living zoned property offers significant future potential, including lifestyle subdivision, rural-residential development, land banking and other development opportunities, subject to Council approval.

Positioned just minutes from Kerikeri Township, the property combines scale, strategic location and long-term growth potential, making it an attractive proposition for developers, investors, retirement village operators and land bankers seeking exposure to the area's continued expansion and demand for residential land.

Rarely do opportunities of this scale become available in the Kerikeri market, giving purchasers the chance to secure a significant landholding with multiple future pathways in one of Northland's fastest-growing centres.

Key features:

• 9.2ha (more or less) Rural Living zoned landholding
• Potential for future subdivision and development (subject to Council approval)
• Strategic land bank opportunity with long-term upside
• Close to Kerikeri Township, schools and local amenities
• Appeals to developers, investors and retirement sector operators
• Rare opportunity to acquire a landholding of this scale
• Strong growth location benefiting from ongoing residential demand

Expressions of Interest closing 22 January (unless sold prior).

Contact the sole agent for more information.

Roger Lalande
022 081 6269
roger.lalande@bayleys.co.nz

Listing ID: 43146111

Notoriously Good Nelson Property Investment

An iconic Nelson hospitality destination, Smugglers offers a compelling opportunity to secure a well-established property investment with enduring local appeal.

Renowned for hearty meals, foaming ales and an excellent wine selection, Smugglers has built a distinctive identity and earned a special place in the hearts of generations of Nelsonians. Now serving its second generation, the business continues to attract a loyal following of regular patrons, casual diners, and visitors to the region.

The property is only a convenient 10-minute drive from Nelson and Richmond and ideally positioned near Tahunanui Beach, surrounded by hotels and motels and close to Tahuna Beach Holiday Park, one of the largest holiday parks in the southern hemisphere. This strategic location provides access to a catchment of approximately 70,000 people, while Tahunanui’s continued post-covid tourism growth and rising visitor numbers further strengthen its trading environment.

The building comprises a practical, high-stud commercial shell enhanced by an authentic and irreplaceable John Gosney fitout. Inspired by old-world maritime adventure, the richly detailed interior draws on an exceptional collection of finishes and treasures to create an immersive dining experience that would be difficult to replicate.

A proven hospitality tenant, high-profile location, one-of-a-kind fitout, and strong lease combine to make this a standout property investment. Opportunities of this calibre are rarely available - act now to secure an iconic piece of Nelson hospitality.

For sale at asking price $1,650,000 (+GST if any)

Investment Highlights:

• Iconic Nelson hospitality destination with enduring local appeal
• Large 306 sqm building on a generous 1,113 sqm landholding
• Long-established venue with proven trading history
• Tenant is secured by a strong lease
• High-profile tourism location benefiting from strong visitor activity and local patronage

For further information or to arrange a viewing, contact Geoff Faulkner or Brad Allam today.

*boundary lines are indicative | land and floor areas are approx. only 

More information: https://www.colliers.co.nz/p-NZL67042822

Listing ID: 43149014

Prominent Panmure corner site with holding income

An outstanding opportunity to secure a substantial 4,970sqm (more or less) freehold corner site in a highly strategic Panmure location, immediately beside Panmure Train and Bus Station and metres from the town centre.

Combining scale, prominence, holding income and future development potential, the property is currently leased to an established car dealership returning $250,000 pa + GST + OPEX.

Key considerations

• 4,970sqm (more or less) freehold corner site across two titles with prominent Ireland Road and Lagoon Drive frontage
• Business - Town Centre Zone, immediately beside Panmure Train and Bus Station
• $250,000pa + GST net holding income with lease commitments to 2034
• Redevelopment clause exercisable in 2028
• Previously consented for 114 apartments, four retail units and 75 carparks
• Strong future development and landbanking potential within the Tamaki regeneration and AMETI transport corridor
• Combined Capital Value: $10,100,000 as of 1 May 2024

The property occupies a highly visible corner within Panmure's established town centre, connecting Mount Wellington, Glen Innes, Pakuranga and the wider eastern Auckland catchment. Its immediate proximity to public transport provides excellent connectivity, with Panmure Town Centre, Sylvia Park Shopping Centre, State Highway 1 and Auckland CBD all within easy reach.

The property was previously consented for a four-story mixed-use development comprising 114 apartments, four retail units and 75 carparks, providing a useful indication of the site's development potential.

Large-scale freehold sites in established Auckland town centres are tightly held. This property presents a rare combination of land scale, prominent positioning, holding income and long-term development potential.

4 Ireland Road & 7 Lagoon Drive offers the opportunity to secure a strategic Panmure landholding with multiple options for the future.
Comprehensive due diligence information is available on request through the sole agent.

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

Listing ID: 43150700

Strategic multi purpose premises-vacant possession

Located within Christchurch’s rapidly evolving eastern CBD precinct, 273 Cashel Street presents an exciting opportunity for owner-occupiers and businesses seeking to secure a tidy commercial holding in one of the city’s most evolving growth areas.

The property provides a versatile combination of showroom, office and warehouse, delivering a highly functional premises capable of supporting a broad range of business uses. The flexible layout allows occupiers to create a workspace tailored to their operational requirements, while the north side of the building provides valuable scale for future growth and expansion.

Positioned directly opposite One New Zealand Stadium at Te Kaha, the property occupies a highly visible location within an emerging commercial precinct that continues to attract investment and activity. The surrounding area offers convenient access to the CBD core, Innovation Precinct, major arterial routes and an expanding range of hospitality and service amenities, supporting both staff convenience and business connectivity.

With Christchurch’s office market continuing to experience moderate vacancy levels and increasing occupier demand, opportunities to secure an entry level standalone CBD premises with vacant possession are becoming increasingly scarce.
The property also benefits from eight on-site car parks including tandem spaces, providing added convenience for staff and visitors where accessible parking is increasingly sought-after.

Whether you’re looking to relocate, expand, or establish a long-term business headquarters, 273 Cashel Street offers an exceptional opportunity to secure your own commercial foothold in one of New Zealand’s most dynamic city centres.

For sale by Deadline Private Treaty: closing 4pm, Wednesday 18 November 2026 (unless sold prior). 

Boundary lines are indicative only

Features:

• Owner occupier opportunity
• Floor Area – 801 sq m
• Land area 754 sq m freehold land
• City centre location
• Growth area of CBD
• NBS 73% (Lewis & Barrow 2026)
• Close proximity to One NZ Stadium
• Zoned commercial mixed use
• 8 Car parks
• Considerable storage and amenities

More information: https://www.colliers.co.nz/p-NZL67042851

Listing ID: 43150778

Long Established Government Tenant

Offered to the market for the first time in nearly 29 years, this well-presented Kapiti Coast investment presents a compelling opportunity to secure a solid income-producing asset with a proven tenancy history.

Occupied by Oranga Tamariki, the property has enjoyed a long-standing Government tenancy, within a current six-year lease and a right of renewal due in April 2028 and again in 2031. With a approximate current net income of $94,428 per annum, this is an investment underpinned by an established tenant and a location that continues to strengthen.

Positioned on a high-profile corner within the iconic Kapiti Lights commercial precinct, this Unit Titled property comprises a 360sqm single-level building with a 100% NBS rating. The current configuration is purpose-built around the tenant's requirements, while offering flexibility for future occupiers and alternative uses should the opportunity arise.

Adding further weight to the investment proposition is its Metropolitan Zone zoning, arguably Paraparaumu's most sought-after commercial zoning, providing an attractive layer of long-term flexibility and future potential. The location is surrounded by an impressive mix of established commercial and retail operators, including Coastlands Shopping Centre, AA Customer Centre, Harcourts Real Estate head office, Public Trust, NZ Health School, Life Pharmacy, BP Service Station and Triton Hearing, reinforcing the precinct's established commercial credentials.

With prominent corner positioning and convenient access to both rail and bus connections, the property combines accessibility and profile in one of Kapiti's most recognisable commercial locations.

For investors seeking a Government-backed tenancy, established income, in a strong proven location, this is a rare opportunity to secure an asset that has remained tightly held for almost three decades. 

For more information or to arrange a viewing contact:

Jo Stewart on 027 641 1680 jo.stewart@colliers.com 

Dean Anderson on 021 244 2931 dean.anderson@colliers.com

*Please note all areas and values are approximate only.

Features:

• Established Government Tenant
• Secure Net Income
• High-Profile Corner Position
• Metropolitan Zone & Future Flexibility

More information: https://www.colliers.co.nz/p-NZL67042952

Listing ID: 43150793

Trophy Medical Investment on Remuera Road

• Freehold standalone investment in strategic Remuera Road location

• Anchored by long-term leases to established medical tenants
• Fully refurbished and architecturally designed building
• A rare trophy investment of scale in a tightly held Remuera Road location

A rare opportunity to acquire a medical asset of this quality and scale in a prime Remuera Road position. The property offers a total income of $1,333,375 pa + GST, anchored by long term leases to medical and associated tenants including Remuera Doctors, Unichem Pharmacy and Resonate Hearing.

The property comprises a three-level building with 34 car parks which has been extensively refurbished and upgraded, now providing an attractive mix of medical practice accommodation and high-profile Remuera Road retail tenancies.

Situated in the heart of Remuera, one of Auckland’s premier shopping and hospitality precincts, this location is sought after due to its large surrounding affluent catchment, proximity to surrounding residential suburbs and offers excellent connectivity to Auckland CBD and transport links.

A trophy medical investment in an unmatched location. Call now for further information.

Listing ID: 43150932

PRIME LOWER QUEEN STREET OFFICE

Deadline sale: Closes on Tuesday 10 November 2026 at 4:00PM (unless sold prior)

Positioned in a high-profile lower Queen Street location, 9A, 109 Queen Street offers a rare opportunity to acquire a generous 209m² whole-floor commercial asset.

Located just moments from the Britomart Transport Hub, Commercial Bay, and Downtown Ferry Terminal, this landmark CBD address benefits from high foot traffic and vibrant laneway links through to Albert Street.

Occupying the entire 9th floor, the space features two offices with their own two independent entrances directly off the double-lift lobby. The highly functional layout includes a grand open-plan area alongside private office suites, a dedicated kitchenette, and two sets of toilets, providing total operational self-containment.

109 Queen Street is a premium mixed-use building hosting a prestigious directory of corporate and professional occupants, as well as private apartments on the top floors (levels 10 and 11).

Offered for sale with vacant possession in its current as-is, where-is condition, inclusive of all existing fitout, fixtures, and chattels in place, this is an exceptional opportunity for owner-occupiers or investors seeking a prized CBD strata title address.

KEY FEATURES:

• Approximately 209m² whole level 9 floorplate
• Two offices with separate entrances off the lift lobby
• Fully self-contained with a kitchenette and two sets of toilets
• Vacant possession including all existing chattels and fixtures in place

Contact the listing agent to arrange a private viewing or to request the information pack.

Listing ID: 43151026

Modern Freehold Industrial Investment

10A Strathallan Street, Dunedin, presents a compelling opportunity to acquire a well-established industrial investment underpinned by a long-standing national tenant covenant. Situated within one of Dunedin's premier industrial precincts, the property comprises a purpose-built warehouse and distribution facility constructed circa 2003, offering a practical combination of high-stud warehouse, offices, staff amenities, loading infrastructure, and secure yard areas.

The 2,696m² freehold site benefits from dual access via Strathallan Street and a right of way through to Otaki Street, enhancing operational efficiency and vehicle manoeuvrability. The property features a secure, fully fenced yard, purpose-built loading dock, and excellent access to Dunedin's key transport networks, supporting its ongoing appeal to industrial occupiers.

The property is leased to Fliway Transport Limited, one of New Zealand's leading logistics and freight operators (owned by New Zealand Post Limited, a government owned entity), returning a net rental of $134,500pa plus GST and outgoings. The lease commenced in December 2015, with the current term extending through to November 2028, providing investors with secure income from a well-established tenant.

Property Highlights

• Site area of 2,696m² (more or less)
• Freehold tenure
• 2GP Zoned Industrial
• Net rental of $134,500pa plus GST
• National tenant
• Easy access to main arterial routes
• Popular location

For sale by Deadline Private Treaty closing Tuesday 17th November 2026 at 4pm (unless sold prior)

Contact the nominated broker for more information or to view.

Listing ID: 43151167

Multi-faceted East Auckland opportunity

• Large 4,047sqm (more or less) freehold site in a sought-after East Auckland location
• Significant existing improvements on site provide multiple options
• Excellent school zoning, including Macleans College
• Favourable Residential - Mixed Housing Suburban zoning

Offered to the market for sale by tender closing @ 2 pm Tuesday 24 November 2026 (will not be sold prior), 245 Buckland Beach Road is now surplus to the vendor's requirements, providing a standout opportunity that will appeal to a wide range of purchasers, including developers, owner-occupiers, investors, and special interest groups.

Located in the established and highly sought-after East Auckland suburb of Bucklands Beach, an established location which offers proximity to the residential precincts of Pakuranga, Howick, Half Moon Bay, and the ferry to Auckland City Centre.

The property offers excellent car parking and is within exceptional school zones, adjoining Bucklands Beach Intermediate and within a short distance of Macleans College, Pigeon Mount Primary School and a wide range of commercial, public and lifestyle amenities.

Primarily utilised as an established place of worship, the main building provides for circa 732sqm (approximately) of total floor area, incorporating a large church auditorium with associated community amenities and a separately operated childcare facility.

Short-term holding income is currently received from the childcare tenancy and the standalone 5-bedroom dwelling, with full details available upon request.

Properties that offer buyers such an array of unique features and benefits rarely come to
the market in this location, providing an opportunity not to be missed.


Contact the sole agents now to receive further details, with all property viewings strictly by appointment.

Mike Adams 021 977 527
Sunil Bhna 021 938 660
Mike Houlker 021 945 227

Listing ID: 43151224

Vacant Freehold Industrial in Ngauranga

Secure your own substantial industrial base in one of Wellington’s most tightly held industrial locations.

11 Glover Street offers approximately 2,107 m² of warehouse and office accommodation on 2,274 m² of freehold General Industrial zoned land, with vacant possession available. 

Built for functionality, the property combines high-stud and low-stud warehousing, office and supporting accommodation, with dual roller-door access, approximately six on-site car parks and existing MPI-approved facility status.

The versatile configuration gives occupiers the ability to bring multiple parts of their operation together under one roof and is well suited to a broad range of industrial, logistics, warehousing, storage and trade-related uses. For investors, vacant possession also provides the opportunity to reposition and lease the property.

Positioned at Wellington’s northern gateway, Ngauranga provides direct access to State Highway 1 and excellent connectivity to Wellington CBD, Lower Hutt, Porirua and the wider Wellington region. 

Freehold. Vacant. Functional. Well connected.

11 Glover Street is a genuine opportunity to secure a substantial industrial property in one of Wellington’s most established and tightly held industrial precincts.

*Please note all areas and values are approximate only. Boundary lines are indicative only. 

For further information or to arrange an inspection, please contact:

Hamish Templeton on 029 127 0018 or hamish.templeton@colliers.com

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

Matt Sisson on 021 468 842 or matt.sisson@colliers.com

Features:

• Great warehouse to office ratio
• Dual roller-door warehouse access
• Vacant possession with immediate occupation
• Strategic SH1-connected location
• MPI-approved facility

More information: https://www.colliers.co.nz/p-NZL67042369

Listing ID: 43151251

Occupy, Invest or Convert in Newtown

102-112 Daniell Street offers a rare combination of scale, access and flexibility in the heart of Newtown.

Providing approximately 2,323 m² across three substantial levels, the property is well suited to a broad range of potential occupiers including education and training providers, medical and healthcare operators, storage users, office occupiers and other commercial organisations. 

A key point of difference is the building’s drive-in and loading access via a concrete ramp servicing the upper levels. Combined with adaptable floor plates, generous stud heights of approximately 3.15 to 3.65 metres, on-site parking and strong natural light to the upper floor, the property offers a high level of usability for an owner-occupier. 

Beyond immediate occupation, the property also presents conversion and value-add potential. Its substantial floor plates, existing three-title structure and established suburban Newtown setting provide purchasers with the flexibility to consider alternative uses or a longer-term repositioning strategy, subject to the necessary investigations and approvals. 

Available with vacant possession or a negotiated partial vendor leaseback, purchasers can occupy the whole building, occupy part and lease the balance, or pursue an alternative strategy over time. 

Located within walking distance of Wellington Hospital and close to Riddiford Street, public transport, educational facilities and Newtown’s extensive retail and service amenity, the property sits in one of Wellington’s most established city-fringe centres. 

Please note all areas and values are approximate only. Potential uses and conversion opportunities are subject to purchaser investigations and any required approvals.

For more information or to arrange a viewing contact:

Hamish Templeton on 029 127 0018 or hamish.templeton@colliers.com

Matt Sisson on 021 468 842 or matt.sisson@colliers.com

Features:

• Flexible occupation options, including vacant possession or a negotiated partial vendor leaseback
• Approximately 2,323 m² of accommodation across three substantial levels
• Existing unit title structure provides future ownership and resale flexibility
• Reinforced concrete construction with adaptable floor plates and generous stud heights
• Strategic Newtown location near Wellington Hospital and established education and community facilities
• Potential for medical, education, commercial, storage, car parking, residential conversion or other value-add outcomes

More information: https://www.colliers.co.nz/p-NZL67042389

Listing ID: 43151270

Marsden Village Mixed-Use Opportunity

A compelling opportunity to secure a fully leased, diversified investment in Marsden Village, an established upmarket retail precinct on Karori Road.

The property combines two established retail tenancies on net leases, leased to Marsden Books and Unichem Pharmacy and four modern one-bedroom apartments, providing multiple commercial and residential income streams within one well-positioned asset.

At the heart of this established Karori retail precinct, the property benefits from a strong mix of surrounding retail, hospitality and everyday services, including Marsden Village Café, Shelly Bay Baker and Four Square, together with a substantial surrounding residential catchment.

The property comprises approximately 428 m² of building area, has a seismic rating of 75% NBS and has six separate unit titles. This provides for future flexibility of the investment. 

With total annual rent of approximately $202,420 and net passing income of approximately $176,521 per annum, this is an attractive opportunity to acquire a fully leased mixed-use investment in a tightly held suburban location. Property investments of this quality are rarely available. 

*Please note all areas and values are approximate only.

For further information or to arrange an inspection, please contact:

Alistair Robertson on 021 418 647 or alistair.robertson@colliers.com

Hamish Templeton on 029 127 0018 or hamish.templeton@colliers.com

Features:

• Commercial tenancies on net leases
• Six separate unit titles
• Four one-bedroom apartments
• Two ground-floor retail tenancies
• Comprehensively redeveloped in 2021
• Prominent Marsden Village location
• Excellent access to nearby public transport

More information: https://www.colliers.co.nz/p-NZL67042896