Commercial property for sale

Listing ID: 42869753

Strategic CBD Office Asset - 10% Return

Harrington House occupies a strategic city centre corner fronting Harington, Willow, and Hamilton Streets. The building comprises a ground floor with two podium levels, with split basement carparking, and a five-level office tower which enjoys expansive views of the inner harbour and city skyline. The building has just had a detailed seismic assessment which showed 100% of NBS or A grade. 

The heart of the city centre has shifted in recent years, placing Harrington House at the centre of a rapidly transforming urban landscape. The building is now surrounded by significant new developments, which are all under construction, including the new high court, Panorama House, the new Civic Library, Northern Quarter, and a proposed hotel complex. This creates an unprecedented opportunity for the new owner to take advantage of high cash returns in this prime location with outstanding views. The new owner can then revitalise this substantial asset to realise its true potential with significant rental uplift and enduring tenant appeal. 

Features:

• 2,306m² freehold corner site with 3 road frontages
• Floor area: 6,922m²
• Add value opportunity to upgrade office space
• Surrounded by major civic, government and private office developments
• Current rental income $1,869,087 p.a
• High cash returns
• Outstanding harbour and inner city views
• A grade 100% NBS (DSA 2025)
• Substantial tenants
• Strong future rental uplift
• Surrounded by transport and public amenities
• 39 onsite carparks

More information: https://www.colliers.co.nz/p-NZL67034155

Listing ID: 42927544

7%+ R.O.I

Key features:

• Excellent tenancies returning circa $200,000pa net +GST
• Easily managed
• 70% NBS (Detailed Seismic Assessment)
• Recently reroofed and exterior repaint
• Prime location adjacent to new Art Deco Centre and Inter City bus terminal
• Good exposure with three frontages
• High traffic flow

This two story commercial property presents as a great diversified investment opportunity to add to your portfolio or those new to the market wanting to secure a top of the range investment at a very good return.

Priced to sell, $2,795,000 plus GST (if any).

For further information please contact sole agents.

Listing ID: 42933953

Vendor relocating

This prime commercial zoned property in the heart of Carters Flat is offered for sale. Comprising 6767m2 of land and 3223m2 of buildings. Spread across two titles this is an ideal redevelopment or owner occupier site. Neighbours include Mitre 10, City Fitness, Petstock, Number 1 shoes, ITM. Sites like this don't come up for sale often.

• Buildings 3,223m2
• Land 6,767m2
• Redevelopment
• Owner occupier

Plus GST (if any)

Listing ID: 42960384

TENANTED BY HEALTH NZ AND FLOORING XTRA 

Deadline sale: Closes on Tuesday 24 February 2026 at 4:00PM (unless sold prior)

Own a high-profile Commercial property, perfectly positioned at the southern entrance to the bustling Kerikeri CBD. The property is fully tenanted by reputable tenants, Te Whatu Ora Health New Zealand (crown entity) and Kingscourt Flooring Xtra, providing a secure investment. This address has exceptional visibility and strong exposure to passing traffic along Kerikeri Road, a tightly held location within one of Northland’s most sought-after growth centres. 

Comprising 3,198m², this freehold property is strategically positioned amongst established and popular businesses including Kerikeri BP Service Station, Hunting & Fishing and Woolworths, ensuring consistent prominence and long-term appeal. 

The property comprises of two commercial buildings supported by a generous on-site car park with wrap-around drive access for tenants and visitors. Building 1, which is solely occupied by Te Whatu Ora Health New Zealand, is a solid face-brick structure which has very recently had a new roof installed.  Building 2 is of a quality tilt-slab concrete construction and accommodates both Te Whatu Ora in the left corner and Kingscourt Flooring Xtra. Building 2 also has a new hot water cylinder installed within the Kingscourt Flooring Xtra tenancy.

With limited commercial opportunities in this prime Kerikeri location, this freehold investment property presents strong fundamentals, quality tenants and excellent long-term value. Whether you are expanding your property portfolio, or seeking a strategic Commercial investment, this is an opportunity you won’t want to miss!

Enquire for lease details.

KEY FEATURES:
•    Established and reputable tenants: Te Whatu Ora Health New Zealand and Kingscourt Flooring Xtra
•    Freehold land area: 3,198m² 
•    Two quality buildings support by a large carpark with wrap-around drive access
•    Excellent profile and exposure to traffic
•    High visibility off Kerikeri Road
•    Surrounded by prominent businesses

For Sale
Deadline Private Treaty + GST (if any) (Unless sold prior)
24 February 2026 at 4pm, 33 Kerikeri Road, Kerikeri – Barfoot & Thompson Branch

Enquire for more information or to view, contact us now!

Listing ID: 42961587

AFFORDABLE, PRACTICAL INDUSTRIAL UNIT

Located in the well-established Gills Road industrial enclave, this versatile 263m² unit provides excellent functionality for light manufacturing, service, or engineering operators seeking an affordable North Shore base.

The property features a practical mix of high and low-stud warehouse space with efficient office and amenity areas, creating a balanced and highly usable workspace. While the access and profile are modest, the building offers strong value for hands-on occupiers or investors seeking a practical industrial building. 

KEY FEATURES:

• Total area of 263m²
• Five on-site car parks
• Business - Light Industry Zone – supports a wide range of light industrial services and uses
• Built in 1986 - solid concrete block construction
• Well-suited for engineering, fabrication, or workshop operations

This will be a great value unit, enquire with the sole agent now!

Listing ID: 42961780

For sale - secure medical investment, Napier

Deadline Sale - closes 4pm Tuesday 3rd March, 2026.

Positioned in Napier's tightly held fringe commercial precinct, 30-32 Munroe Street presents a high-quality, two-storey medical investment underpinned by long-standing, nationally recognised tenants. The property is securely leased to The Doctors Napier, a well-established full-service medical practice operating from the site since 1990, alongside the Unichem Pharmacy, which has occupied the adjoining tenancy for more than a decade.

The buildings offer strong seismic performance and tidy clinical fit-outs, with selective upgrade opportunities available to further enhance long-term value. With lease security in place through to 2033, this is a resilient, income-focused investment within an established medical and professional services hub.

Key features:

• Two long-term medical tenancies with strong covenant strength
• Lease security in place through to 2033
• Earthquake seismic ratings of 75% NBS (30 Munroe) and 90% NBS (32 Munroe)
• Full-service medical facility including GP, physio, X-ray and specialist services
• Regular rent reviews providing ongoing income growth

A rare opportunity to secure a cornerstone medical investment in one of Napier's most proven healthcare locations.

Listing ID: 42962211

Industrial - Two Titles

Industrial property strategically located in the tightly held Rotorua industrial area, with close proximity to the main arterial routes. This property comprises a freehold site in two titles 5,354m² and 3,123m² (vacant rear yard), making a total of 8,477m², with substantial improvements which include a 471m² high stud warehouse with gantry, 199m² of office and/or staff facilities and a  large fenced storage yard. The site also offers additional lower stud buildings for general storage purposes. The wide road frontage and the general property layout provides great maneuverability and access around the site. Option to buy one or both of these titles.

Fantastic development opportunity – being sold vacant possession. Don’t miss out – call Mark to view today.

Features:

• Two titles - buy one or both
• Vacant possession
• Development opportunity

More information: https://www.colliers.co.nz/p-NZL67022919

Listing ID: 42970937

Profile Business Mixed Use Investment

This is an outstanding opportunity to purchase a significant 2,470 sqm Business Mixed Use property with an established anchor tenant.

The property comprises a large regular shaped freehold site with an excellent frontage to Anderson Road of over 30 metres. Anderson Road is a main arterial route connecting the northern suburbs of Wanaka with State Highway 84 and the town centre.

The site has a substantial single level industrial style building located upon it originally built circa 1985 that has been extensively fitted out by the current tenants. The anchor tenant is Snow Sports New Zealand Incorporated a national sporting organisation plus Pure New Zealand Ice Cream Limited an award winning handcrafted ice cream producer.

The property is located within the Business Mixed Use Zone under the QLDC Proposed District Plan which allows and encourages multiple activities including commercial, business, retail and residential uses, with the potential to develop to a height of 12m.


Investment Highlights:

• Prime location within close proximity to Wanaka’s Town Centre
• Large 2,470sqm freehold land holding with good profile to Anderson Road
• Future redevelopment potential
• Two established tenants
• Business Mixed use zoning allowing a wide range of potential uses
• Rental upside

Deadline sale closing 4pm Wednesday 4 March 2026 (unless sold prior).

Contact Geoff McElrea or Mark Simpson to arrange an inspection or to access the online data room for further information.

Listing ID: 42971753

Premier Riverfront Asset - Vacant Possession

CBRE is proud to exclusively present for sale 12 Oxford Terrace. This is a rare opportunity to acquire a premier asset boasting a coveted river outlook within the core of Christchurch’s thriving CBD. This exceptional property represents the first riverfront, A-Grade building to be advertised for sale on the open market since 2017.

Our vendor/occupier's shift in strategy dictates genuine sale motivation. This exceptional property available for sale with vacant possession provides an exciting blank canvas for an astute purchaser, allowing for the implementation of an active lease-up strategy or owner-occupancy.

12 Oxford Terrace exemplifies best-in-class design, masterfully executed by renowned +MAP Architects. This near-new stunning architectural A-Grade building offers an exceptional level of finish, spanning 1700sqm* across six levels. This property maximises natural light with a north-facing, full-height glazed facade and additional rear glazing on each level. In particular, the upper floors provide premium amenity, including balconies showcasing breathtaking views of the Avon River, Hagley Park and the Westend. Benefit from the highly desirable secure, executive-style, on-site parking with private drive-in access from the rear laneway.

Situated on the scenic Avon River in the heart of Christchurch's CBD, this prime riverfront property is located within the Te Papa Hauora / Health Precinct, a major government initiative for post-earthquake recovery. The precinct acts as a central hub for advanced medical services, attracting a high volume of professionals due to its proximity to leading healthcare providers, research facilities, educational institutions, and related businesses. The location also benefits from substantial foot traffic and the presence of major occupiers like Health New Zealand, the Universities of Otago and Canterbury, and Ara Institute. With over $1 billion in public and private developments completed/underway, including a new $270m School of Medicine campus, the area is experiencing significant growth.

Adding to its tranquil river setting, 12 Oxford Terrace is within walking distance of the city’s best offerings including Hagley Park/Botanical Gardens, Christchurch Hospital, Cashel Mall/Riverside Markets, Westend/The Arts Centre Precinct, Te Pae Convention Centre, and the brand new $500m Parakiore Recreation and Sport Centre.

Key Features:
- Architecturally stunning, near-new A-Grade building
- Coveted riverfront position – Overlooking Botanic Gardens and Westend
- Prime location, near Cashel Mall and strategically positioned at the heart of the Health Precinct
- Immaculate ready-to-use fitouts
- Secured drive-in executive parking
- Vacant possession – strategic advantage for investors and owner-occupiers alike
- Net lettable area: 1,730sqm*

Viewing is highly recommended. Contact Cameron Darby, the sole agent, for further information.

For sale by way of Deadline Private Treaty with offers due no later than Thursday 5th March 2026 (unless sold prior).

*Approx.

Listing ID: 42972218

Strategic Investment / land bank (DGZ)

• Seven well-presented one-bedroom flats returning $158,600 pa (approximately)
• 936sqm (more or less) north facing freehold land
• Sought-after and convenient position, close to amenities, transport and in DGZ
• Bottom drawer residential investment or strategic Epsom land bank

30 Owens Road comprises a block of seven, character investment flats, returning
$158,600 (approximately) providing purchasers with an attractive split risk
cashflow.

The property is underpinned by a prominent North facing freehold site, measuring 936sqm (more or less). Located in one of central Auckland's most sought-after residential suburbs, theproperty benefits from easy access to Auckland CBD, Newmarket and Mt Eden Villages as well as being a short walk away from a range of amenities and public transport systems.

A scarce opportunity for residential investors and land bankers in a tightly held,
desirable location - call now for further information.

Damien Bullick
+64 22 420 6845
damien.bullick@bayleys.co.nz

Alan Haydock
+64 21 532 121
alan.haydock@bayleys.co.nz

Listing ID: 42972274

CBD standalone with penthouse and harbour views

• 1,100sqm (approximately) freehold standalone building with 8+ on-site car parks
• Two-level penthouse apartment with harbour views
• Moments from the waterfront, Commercial Bay and the NZ International Convention Centre
• A strategic asset appealing to both owner occupiers and value-add investors

4 Hobson Street presents a rare opportunity to acquire a versatile, freehold CBD asset comprising ground-floor car parking, two levels of office accommodation, and a generously proportioned two-level penthouse apartment enjoying spectacular harbour outlooks.

All levels are serviced by a lift, offering genuine flexibility to live and work, live with income, or hold as a split-risk, multi-tenanted CBD investment with strong fundamentals for future capital appreciation.

Positioned just steps from the waterfront, the Commercial Bay precinct, the NZ International Convention Centre and the soon-to-be-completed City Rail Link, the property sits within one of Auckland’s fastest-evolving and most tightly held locations.

A high-calibre opportunity that will resonate with owner occupiers, add-value investors and forward-thinking developers.

Listing ID: 42972554

Strategic medical precinct investment

Tender closing 12pm, Wednesday 11 March 2026 (unless sold prior)
44 Roberts Street, Taupō

• Medical services investment opportunity
• Strategically located spanning two corner sites with three road frontages – to be sold as one
• Combined areas of 2,684sqm (more or less) freehold land with buildings providing approximately 969.20sqm of net lettable space
• Combined net income $322,032.65 pa + GST

117 Te Heuheu Street and 118 Tūwharetoa Street are currently tenanted to Taupō Medical Centre, Mainstreet Pharmacy and Mathai Dental, with Taupō Medical Centre occupying the majority of available space. Adjacent to the properties are a pathology laboratory, radiology facilities and additional medical practice which together have created a medical precinct providing a full range of services. Other business uses in close proximity include motels, retirement villages, car dealerships, service stations and accountants, reinforcing strong and diverse demand within the immediate area.

The two properties are located on the fringe of Taupō’s commercial area roughly 500 metres from the centre of the Taupō CBD and 500 metres from the lakefront. The properties have prime road frontage on to Te Heuheu, Kaimanawa and Tūwharetoa Streets, all major internal arterial routes carrying considerable volumes of vehicle traffic connecting Taupō CBD with residential areas and all access points to Taupō town, ensuring excellent exposure and accessibility.

This is an extremely rare opportunity for the astute purchaser to secure a strategic location for expansion of current usage or future redevelopment being so close to Taupō’s vibrant CBD and lakefront. Contact the sole agents to request the detailed Information Memorandum and to discuss this offering in more detail.

Listing ID: 42973335

Investment - 10-year lease to Turners

• A premium investment opportunity with a listed tenant
• 10-year lease to Turners Group NZ Limited
• Returning $427,599pa + GST and outgoings
• Fixed annual rent review increases with guarantees in place
• High-profile location on a large land holding split into multiple titles

Bayleys are pleased to exclusively present for sale this premium investment opportunity occupied by Turners Group NZ Limited on a large land holding in Whangarei.

This exceptional offering gives the astute investor a long-term lease for 10 years with fixed annual rental increases and reviews to market. Located centrally in Whangarei’s business district, the land is well-positioned on a high-profile corner site split into several titles.

Turners have occupied the site for seven years, making improvements over this time. Not often do investment opportunities of this calibre come to the open market. It gives the investor growth, security of tenure and future upside in a tightly held location.

Listing ID: 42973886

Prime Inner City Investment

Situated on sought-after Montreal Street in the heart of the highly regarded West End precinct, this character investment property offers an outstanding combination of location, landholding, and long-term appeal. Underpinned by a 672m² freehold site, the asset provides both immediate income and enduring land value in one of the city’s most tightly held neighbourhoods.

Configured as four fully self-contained apartments, the building delivers multiple income streams and strong rental resilience, appealing to investors seeking diversification and stability with potential future upside.

The location is a standout. Just moments from the Arts Centre, Art Gallery, and Christchurch Hospital, and within easy walking distance of Hagley Park, the property is perfectly positioned to capture consistent tenant demand driven by employment, education, and lifestyle amenities. The surrounding area offers excellent access to public transport, hospitality, retail, and the central city’s cultural attractions.

The property also benefits from on-site car parking, a highly desirable feature in this inner-city location, further enhancing tenant appeal and long-term rental performance. 

Zoned for well-regarded local schools, the property’s position adds an additional layer of appeal for long-term tenants and future buyers alike.

309 Montreal Street represents a rare opportunity to acquire a character asset with strong underlying land value, proven configuration, and a premier West End location.

The property is offered for sale by Deadline Private Treaty closing: 4pm, Thursday 12 March 2026 (unless sold prior).

*Boundary lines are indicative only. 

Features:

• Character building with timeless street appeal
• Four self-contained apartments
• Multiple income streams
• On-site car parking
• Prime West end inner-city location
• Strong tenant demand area
• Immaculately presented
• 672 sq m Freehold HRZ land holding

More information: https://www.colliers.co.nz/p-NZL67038139

Listing ID: 42975391

Urgent action required - Must be sold!

Following liquidation of the former Tenant, the ownership of 3 Innovation has given a clear mandate this property must be sold no later than March 2026. A rare and time-sensitive opportunity to secure a near-new A-Grade industrial asset.

Completed in 2019, this premium facility offers a 9-metre stud warehouse with extensive inward and outward canopies, a secure rear yard with full drive-around access, and excellent container handling capability. This premium designed and constructed facility currently has no code of compliance and will be sold with vacant possession. All offers are invited to be presented with the property in its current condition or the Vendor to return the property to base build specification with a compliance certificate.

Sizes: (approximately)

• Warehouse 2,577sqm
• Mezzanine 917sqm
• Canopies 640sqm
• Offices 244sqm
• Car parks 29

This quality property is offered to the market with absolute motivation by our determined Vendor.

For Property Files, copy and paste the following link: https://www.propertyfiles.co.nz/5528245

Listing ID: 42975457

Snap up this yield!

• Returning $311,443 per annum + GST and outgoings
• Well-established tenant profile
• Built in CPI and rental Growth
• 2015 quality build

Underpinned by a substantial and secure income stream from well-established tenants, 5 Karewa Place presents an outstanding opportunity to acquire a high-quality asset delivering an attractive yield.

In a market where yields are continuing to compress and alternative investment returns are diminishing, opportunities of this calibre are becoming increasingly rare. The property benefits from built-in rental growth, providing investors with both reliable cash flow and strong prospects for long-term capital appreciation.

Constructed in 2015, this low-maintenance building features quality tilt-slab construction, modern amenities, and appealing architectural elements. The asset is further enhanced by 38 on-site car parks and its prime position within the tightly held Te Rapa industrial precinct – making it a true trophy investment.

As investor demand for quality commercial real estate intensifies, assets such as this are expected to appreciate strongly. With realistic and motivated vendors willing to meet the market, this represents a compelling opportunity to secure a proven income-producing investment.

Listing ID: 42975712

Healthcare investment with long-term leaseback

505 Aberdeen Road, Te Hapara, Gisborne presents a compelling opportunity to acquire a defensive healthcare investment underpinned by a secure triple net lease, returning $457,358pa net + GST with an initial term of ten years.

Leased to Evolution Healthcare NZ, a leading private healthcare operator with international ownership, the strength of this tenant covenant provides a high degree of income certainty and positions the asset within a government-supported sector characterised by non-discretionary demand and resilient long-term fundamentals.

The property is occupied as the Evolve Rehabilitation Gisborne facility and comprises a purpose-built residential rehabilitation complex providing 23 private bedrooms and six two-bedroom units, set within landscaped grounds on a substantial 7,698sqm site in close proximity to the Gisborne town centre.

It supports essential residential rehabilitation services reinforcing the asset’s defensive nature and enduring relevance within the healthcare system.

Listing ID: 42976172

4ha industrial land – 900 metres to motorway

96A Trig Road presents a competitively priced opportunity to secure a substantial industrial landholding within Auckland’s tightly held north-west growth corridor. Comprising 40,141sqm (more or less) of predominantly flat land, the property offers scale, usability and immediate relevance for industrial development, with a holding income profile supported by an existing dwelling on-site and a formed yard area to part of the site. 

The land is zoned for industrial use and primed for development, benefiting from its practical shape and largely level contour. The site’s size provides flexibility for a range of development outcomes, whether staged delivery, single-user occupation or subdivision, allowing purchasers to align timing and capital deployment with market conditions. 

A key strength of 96A Trig Road is its exceptional connectivity. The property sits immediately adjacent to Auckland’s motorway network, with close proximity to two (2) interchanges onto State Highway 18. This provides efficient access across the wider region, including Albany, Westgate and the Auckland City Centre, supporting logistics, distribution and workforce accessibility. 

The north-west industrial corridor continues to benefit from the migration of businesses from the saturated North Shore market, driven by land scarcity, pricing pressure and demand for modern industrial accommodation. This structural shift underpins ongoing demand for well-located development land, particularly sites offering immediate motorway access and proximity to established commercial nodes. 

96A Trig Road will appeal to developers, land bankers and strategic investors seeking scale, connectivity and long-term positioning within a proven industrial growth precinct. 

Contact the Joint Sole Agents for further information or to arrange a time to view.

Matt Prentice 021 464 904, Shoneet Chand 021 400 765 & Nelson Raines 021 555 673

Features:

• 4.01ha (approx.) freehold site
• Flat land enabling ease of development
• Located in Whenuapai with excellent motorway links
• Take advantage of Auckland’s expansion North and West
• 2 existing road crossings

More information: https://www.colliers.co.nz/p-NZL67038295

Listing ID: 42976225

4ha Industrial Land – 900 metres to motorway

• 4.01ha (more or less) freehold site
• Flat land enabling ease of development
• Located in Whenuapai with excellent motorway links
• Take advantage of Auckland’s expansion North and West
• Two (2) existing road crossings

96A Trig Road presents a competitively priced opportunity to secure a substantial industrial landholding within Auckland’s tightly held north-west growth corridor. Comprising 40,151sqm (more or less) of predominantly flat land, the property offers scale, usability and immediate relevance for industrial development, with a holding income profile supported by an existing dwelling on-site and a formed yard area to part of the site.

The land is zoned for industrial use and primed for development, benefiting from its practical shape and largely level contour. The site’s size provides flexibility for a range of development outcomes, whether staged delivery, single-user occupation or subdivision, allowing purchasers to align timing and capital deployment with market conditions.

A key strength of 96A Trig Road is its exceptional connectivity. The property sits immediately adjacent to Auckland’s motorway network, with close proximity to two interchanges onto State Highway 18. This provides efficient access across the wider region, including Albany, Westgate and the Auckland City Centre, supporting logistics, distribution and workforce accessibility.

The north-west industrial corridor continues to benefit from the migration of businesses from the saturated North Shore market, driven by land scarcity, pricing pressure and demand for modern industrial accommodation. This structural shift underpins ongoing demand for well-located development land, particularly sites offering immediate motorway access and proximity to established commercial nodes.

96A Trig Road will appeal to developers, land bankers and strategic investors seeking scale, connectivity and long-term positioning within a proven industrial growth precinct. Further information is available on request.

Listing ID: 42977293

Premium Childcare Investment – Completion in July

A rare chance to secure a soon‑to‑be‑completed, purpose‑built childcare facility in one of the Waikato’s fastest growing communities. Construction is scheduled for completion in July, delivering a brand‑new asset supported by an experienced operator on a new 12‑year lease, strong bank guarantees, and built‑in rental growth.

This high‑quality investment offers a net rental of $270,000 p.a. + GST, underpinned by long‑term demand for childcare in a rapidly expanding residential catchment. With the vendor committed to selling, this is an opportunity that deserves prompt attention.

For further information, contact Alan Pracy.

More information: https://www.colliers.co.nz/p-NZL67038309