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Commercial Property Sales

Listed below are the details of commercial property sales throughout the country recorded by interest.co.nz.

This search yielded 587 results. All prices are exclusive of GST(if any).

Sold
Central Otago / Lakes District, Queenstown
Hawthorne Drive, Queenstown

Property type: Childcare/Medical facility
A brand new building fully leased to 3 tenants on long terms leases, located within Queenstown’s fast developing Remarkable’s Park and Fra... more detail
Listing ID:
153936
Sold for:
$5m.
Yield:
5.5%

Sold
Central Otago / Lakes District, Queenstown
Hawthorne Drive, Queenstown


Property type: Childcare/Medical facility

A brand new building fully leased to 3 tenants on long terms leases, located within Queenstown’s fast developing Remarkable’s Park and Frankton area, this is an exceptional passive investment opportunity in Queenstown’s tightly held commercial market. 4 Mountain Ash Drive is a substantial building constructed over two levels providing a child care centre to the ground floor with offices and additional classroom facilities to the upper level. Located to the east of Remarkables Park Town Centre and adjoining the new Wakatipu High School and within close proximity to Queenstown International Airport. The property is accessed off the western side of Mountain Ash Drive. Central Queenstown is around 9 kilometres west via SH6. This is an outstanding opportunity to acquire a property that features strong investment fundamentals; long lease terms to 3 tenants, a strong tenant covenant, a quality building constructed to modern building standards, and a location with growth potential.
Listing ID
153936

Month of sale:
June '18

Property value
$5m.

Yield
5.5%

Agent(s):
Mark Simpson
Rory O'Donnell



Sold
Nelson & Bays, Nelson
2 and 4 Natalie Street, Nelson
300m², development site, location on busy industrial area, investment,
Property type: Office
This is an opportunity to purchase two properties on a high profile corner zoned industrial. Sitting on two separate titles, both are currently tenant... more detail
Listing ID:
4001909
Sold for:
$880,000

Sold
Nelson & Bays, Nelson
2 and 4 Natalie Street, Nelson

300m², development site, location on busy industrial area, investment,
Property type: Office

This is an opportunity to purchase two properties on a high profile corner zoned industrial. Sitting on two separate titles, both are currently tenanted, one residential and one commercial. 2 Natalie Street land area 536m² and floor area 100m² (approximately) 4 Natalie Street land area 539m² and floor area 200m² (approximately) Boundaries are indicative only. Properties to be sold together. Deadline sale (unless sold prior) closing Friday 27th April 2018, 4pm, 288 Trafalgar Street, Nelson.
Listing ID
4001909

Month of sale:
June '18

Property value
$880,000

Agent(s):
Gill Ireland



Sold
Nelson & Bays, Nelson
11 Echodale Place, Stoke
479m², 677m2, Stoke, with onsite parking,
Property type: Warehouse/Industrial
A superb opportunity has arisen to purchase this well presented commercial building on a freehold site of 677m², built in 2008. The property is lo... more detail
Listing ID:
4001778
Sold for:
$920,000

Sold
Nelson & Bays, Nelson
11 Echodale Place, Stoke

479m², 677m2, Stoke, with onsite parking,
Property type: Warehouse/Industrial

A superb opportunity has arisen to purchase this well presented commercial building on a freehold site of 677m², built in 2008. The property is located on a corner site with good access, profile and parking. • Warehouse and amenities- 316m² (approx) plus height of 4 metres • Small mezzanine floor office above reception- 54m² (approx) • Showroom/ reception- 109m² (approx) • On site parking • Sealed yard For more information contact Gill Ireland.
Listing ID
4001778

Month of sale:
June '18

Property value
$920,000

Agent(s):
Gill Ireland



Sold
Nelson & Bays, Nelson
19 Haven Road, Nelson
736m², 21 on-site car parks, 736m2 modern office over one level, Leased to Ministry of Education,
Property type: Office
19 Haven Road, Nelson presents an exciting opportunity for investors and/or owner occupiers to acquire quality office accommodation located in the tig... more detail
Listing ID:
4001920
Sold for:
$2.95m.
Yield:
6.2%

Sold
Nelson & Bays, Nelson
19 Haven Road, Nelson

736m², 21 on-site car parks, 736m2 modern office over one level, Leased to Ministry of Education,
Property type: Office

19 Haven Road, Nelson presents an exciting opportunity for investors and/or owner occupiers to acquire quality office accommodation located in the tightly held central Nelson area. The property was built in early 2008 and was constructed to a very high specification. At the time of construction it was one of the first buildings locally to incorporate a number of green building initiatives. The building provides superb single-story office accommodation with an outdoor area and twenty-one secure on site carparks. Located centrally in Nelson, adjacent to ANZAC park the property provides excellent amenity for staff, all within walking distance of local shops, cafes, restaurants and bars. The property is leased to The Ministry of Education with the current lease term to run until April 2020 with one further right of renewal of three years. The final expiry date being 21 April 2023.• Floor area: 736m² plus 50m² courtyard• Land area: 1,640m² (more or less)• 21 carparks• Tenant: The Ministry of Education• Current contract rental (Gross): $203,266 + GST• Next renewal date: 22 April 2020• Modern office accommodation over one levelFor Sale by way of Expressions of Interest, closing Wednesday 9 May 2018 at 4pm (unless sold prior).Contact the sole marketing agents for additional information or to arrange a viewing.
Listing ID
4001920

Month of sale:
June '18

Property value
$2.95m.

Yield
6.2%

Agent(s):
Paul Vining
Gill Ireland



Sold
Bay of Plenty, Rotorua
2 Waters Street, Mangakakahi, Rotorua

Property type: Warehouse/Industrial
Large 708sqm more or less corner site in a very sought after location. 2 Waters Street is split in two separate tenancies, King Sushi who is returning... more detail
Listing ID:
2304149
Sold for:
$340,000

Sold
Bay of Plenty, Rotorua
2 Waters Street, Mangakakahi, Rotorua


Property type: Warehouse/Industrial

Large 708sqm more or less corner site in a very sought after location. 2 Waters Street is split in two separate tenancies, King Sushi who is returning $11,406.46 per annum gross, plus the workshop, which is on a monthly arrangement soon to become vacant. The workshop has one sliding door and two roller doors for easy access, separate reception area, a small mezzanine for extra storage plus an unfenced yard. The property has great corner profile and is in close proximity to Old Taupo Road/State Highway 5 North to Auckland, Hamilton and Tauranga and South to Taupo and is approximately 2km to the CBD. For more information call Bayleys today.
Listing ID
2304149

Month of sale:
June '18

Property value
$340,000

Agent(s):
Mark Slade
Brei Gudsell



Sold
Hawkes Bay, Napier City
816 Omahu Road, Hastings
530m², Quality tenant and buildings, Suitable for all major large vehicles, Prime Industrial region, Well established company,
Property type: Warehouse/Industrial
Prime Industrial Tenanted Investment, currently leased to a Nationwide tenant. Combination of a Dry store, Freezer, and Chiller with outstanding truc... more detail
Listing ID:
2800886
Sold for:
$0.925m.
Yield:
9.7%

Sold
Hawkes Bay, Napier City
816 Omahu Road, Hastings

530m², Quality tenant and buildings, Suitable for all major large vehicles, Prime Industrial region, Well established company,
Property type: Warehouse/Industrial

Prime Industrial Tenanted Investment, currently leased to a Nationwide tenant. Combination of a Dry store, Freezer, and Chiller with outstanding truck access and loads of parking space. Fantastic net income of $89,800 Situated on the busy Omahu Road amongst some fine neighbours, including Gull Fuel directly in front. Adjoining the Napier Hastings Expressway. There has been major development and leasing activity along Omahu Road recently, now is your chance to get amongst that.
Listing ID
2800886

Month of sale:
June '18

Property value
$0.925m.

Yield
9.7%

Agent(s):
Gary Wise



Sold
Auckland, Auckland City
19 - 29 Donovan Street, Blockhouse Bay, Auckland

Property type: Retail
Strategically positioned in the tightly held Blockhouse Bay town centre, is this excellent long term investment opportunity with significant future de... more detail
Listing ID:
149419
Sold for:
$9.3m + gst.
Yield:
5.17%

Sold
Auckland, Auckland City
19 - 29 Donovan Street, Blockhouse Bay, Auckland


Property type: Retail

Strategically positioned in the tightly held Blockhouse Bay town centre, is this excellent long term investment opportunity with significant future development potential.  The tenant ‘General Distributors Ltd’ is ultimately owned by Australian Supermarket Giant Woolworths Group - an ASX Listed entity with over 3,000 stores and over $55 billion of sales in 2017. Featuring a long term lease to an exceptional tenant covenant, 7,115m² Auckland city fringe future development site with residential potential, this outstanding opportunity really does tick all of the boxes. Call the Sole Agents now for further information or to arrange a viewing time.  
Listing ID
149419

Month of sale:
June '18

Property value
$9.3m + gst.

Yield
5.17%

Agent(s):
Shoneet Chand
Josh Coburn
Matt Prentice



Sold
Auckland, North Shore City
69-71 Victoria Road, Devonport

Property type: Retail
• Charming character facade • Returning $143,650 net p.a. • Diverse income stream • Town Centre Zone (AUP) After decades of service to... more detail
Listing ID:
1501599
Sold for:
$2.15m.
Yield:
6.68%

Sold
Auckland, North Shore City
69-71 Victoria Road, Devonport


Property type: Retail

• Charming character facade • Returning $143,650 net p.a. • Diverse income stream • Town Centre Zone (AUP) After decades of service to the local community, the Devonport United Friendly Society has decided the time is right to start liquidating their investment portfolio. Rarely available and highly sought after, this ornate character building is searching for a new owner. The building is an original 'turn of the 20th century' building, with later extensions having been carried out in 1988. The investment offers in-built diversification with retail, hospitality, office and residential tenancies and an opportunity for rental uplift. Yarntons and Monsoon have been entrenched in the Devonport community and are both well frequented. Located in the picturesque seaside suburb of Devonport, just twelve minutes by ferry to Auckland CBD, Devonport has become a tourist mecca. Auckland Council and Auckland Transport have completed stage one of a two stage, $24,000,000 investment in the area, underpinning the future value of this investment. Enquire now to secure this Trophy asset.
Listing ID
1501599

Month of sale:
June '18

Property value
$2.15m.

Yield
6.68%

Agent(s):
Adam Curtis
Adam Watton
Nick Howe-Smith



Sold
Auckland, North Shore City
H/18 Link Drive, Wairau Valley
462m² bulk retail. Vacant.
Property type: Retail
Busy Link Drive retail.Looking for a great bulk retail location this could be it. 462sqm of retail on Link Drive has become available with 12 car park... more detail
Listing ID:
1501551
Sold for:
$1.4m.

Sold
Auckland, North Shore City
H/18 Link Drive, Wairau Valley

462m² bulk retail. Vacant.
Property type: Retail

Busy Link Drive retail.Looking for a great bulk retail location this could be it. 462sqm of retail on Link Drive has become available with 12 car parks.
Listing ID
1501551

Month of sale:
June '18

Property value
$1.4m.

Agent(s):
Chris White
Trevor Duffin



Sold
Auckland, North Shore City
A/4 Ride Way, Albany
362m², 6 exclusive car parks, Tightly held North Harbour Estate, For investors or owner occupiers,
Property type: Warehouse/Industrial
- Road front office / warehouse for sale- Opportunity for investors or owner occupiers to purchase premises in the tightly held North Harbour Estate- ... more detail
Listing ID:
1501660
Sold for:
$1.075m.
Yield:
4.65%

Sold
Auckland, North Shore City
A/4 Ride Way, Albany

362m², 6 exclusive car parks, Tightly held North Harbour Estate, For investors or owner occupiers,
Property type: Warehouse/Industrial

- Road front office / warehouse for sale- Opportunity for investors or owner occupiers to purchase premises in the tightly held North Harbour Estate- Total floor area 360sqm (approximately)- Current lease term expires December 2018- Six exclusive car parksThe property presents very well with two levels of air-conditioned office / showroom. Generally the office areas are open plan, however there are three separate partitioned areas. The warehouse is rectangle in shape with access provided by a motorised roller door. The property has dual access points and is part of a four unit development.Deadline Private Treaty (unless sold prior)Closing at 4pm, Thursday 26th April 201829 Northcroft Street,Takapuna, Auckland.
Listing ID
1501660

Month of sale:
June '18

Property value
$1.075m.

Yield
4.65%

Agent(s):
Laurie Burt
Matt Mimmack



Sold
Auckland, North Shore City
C and D/100 Bush Road, Albany
412m², 15, Prominent corner site fronting two major Albany roads, To secure a high quality tenanted investment with a new lease of 6 years,
Property type: Office
- New six (6) year lease- Well-established tenant- Outstanding corner site- Net rental of $118,575pa + GST- Secured by a tenant rental bond- Unit C Fl... more detail
Listing ID:
1501262
Sold for:
$1.8m,
Yield:
5.9%

Sold
Auckland, North Shore City
C and D/100 Bush Road, Albany

412m², 15, Prominent corner site fronting two major Albany roads, To secure a high quality tenanted investment with a new lease of 6 years,
Property type: Office

- New six (6) year lease- Well-established tenant- Outstanding corner site- Net rental of $118,575pa + GST- Secured by a tenant rental bond- Unit C Floor Area 245sqm (approximately)- Unit D Floor Area 167sqm (approximately)- 15 car parksA rare opportunity has presented itself to secure a high quality tenanted investment with a new lease of six years in a prime commercial complex. Boasting one of the most prominent corner sites in Albany it's no wonder that this well-established tenant has been in occupation since 2011 and has extended their lease until 2023. The nationwide tenant has been established in New Zealand for over 30 years and with the rental bond in place the new owner has even more peace of mind. Tenancy Details:Name of Tenant - Engineering Design Consultants LimitedTerm of Lease - Six (6) yearsCommencement Date - 1st June 2017Net Rental - $118,575pa + GSTFor sale by private treaty.
Listing ID
1501262

Month of sale:
June '18

Property value
$1.8m,

Yield
5.9%

Agent(s):
Laurie Burt
Dean Gilbert-Smith
Michael Nees



Sold
Auckland, North Shore City
Unit G, 4 Arrenway Drive, Albany
82m², Net return of $36,750 + GST + outgoings, Tenanted to a quality Korean restaurant, Sought after Rosedale Commercial Precinct, Opposite the upcoming Rosedale Bus Station, 4 years + ROR 3 x 4 years,
Property type: Retail
* 82sqm retail unit leased to a popular Korean restaurant * Yielding a net return of $36,750 + GST and outgoings* Original set up from 2009, currently... more detail
Listing ID:
1251046
Sold for:
$0.588m.
Yield:
6.25%

Sold
Auckland, North Shore City
Unit G, 4 Arrenway Drive, Albany

82m², Net return of $36,750 + GST + outgoings, Tenanted to a quality Korean restaurant, Sought after Rosedale Commercial Precinct, Opposite the upcoming Rosedale Bus Station, 4 years + ROR 3 x 4 years,
Property type: Retail

* 82sqm retail unit leased to a popular Korean restaurant * Yielding a net return of $36,750 + GST and outgoings* Original set up from 2009, currently leased till 2021* Positioned to capitalise on the new Rosedale Bus Station * Rare retail investment opportunity in a highly sort after localityThis boutique complex caters to a wide range of known retail, service and hospitality outlets and is well located in the highly sought after Rosedale commercial precinct. It attracts both business and residential customers from a large established catchment base. The future holds huge potential for this complex when the proposed new Rosedale Bus Station on the Northern Busway is operational right across bringing a high level of exposure and foot traffic. Interest rates remaining at historic low levels this should be ideal for investors looking for a steady return with great prospects as the surrounds are realigned with the impending bus station.For more information on the Rosedale Bus Station copy the link below into your browser:http://www.nzta.govt.nz/projects/the-western-ring-route/auckland-northern-corridor/rosedale-busway-station/Click here to view Mustan Bagasra's personal website
Listing ID
1251046

Month of sale:
June '18

Property value
$0.588m.

Yield
6.25%

Agent(s):
Mustan Bagasra
Terry Kim



Sold
Auckland, North Shore City
55 Barrys Point Road, Takapuna

Property type: Retail
- High profile corner site in a desirable location within close proximity to the Auckland CBD - Currently returning $285,630.04pa + GST from seven se... more detail
Listing ID:
1501477
Sold for:
$5.775m.
Yield:
4.95%

Sold
Auckland, North Shore City
55 Barrys Point Road, Takapuna


Property type: Retail

- High profile corner site in a desirable location within close proximity to the Auckland CBD - Currently returning $285,630.04pa + GST from seven separate tenancies providing a diversified income stream - Future development potential under new AUP (OP) Mixed Use zoning - Total floor area 1,549sqm (approximately) - Land area 1,575sqm (more or less) - Currently separated into three titles on the one site Well located on popular Barrys Point Road the site has significantly benefited from the recent Auckland Unitary Plan and is now zoned Mixed Use. This zoning allows for greater intensification of the site to incorporate a mixture of commercial and residential uses. Barrys Point Road is strategically located near SH1 motorway interchanges and is only a few minutes from Takapuna's CBD. There are a diverse range of businesses in the area including cafes, retail shops, gyms, bulk retail and automotive. The property is suitable for investors looking for a well located property with potential in the future. With a vacancy pending it also offers an opportunity for an owner occupier. This property is a must view for a number of purchasing types given its location and potential. For sale by Tender (unless sold prior) Closing 4pm, Thursday 8th March 2018 29 Northcroft Street, Takapuna, Auckland.
Listing ID
1501477

Month of sale:
June '18

Property value
$5.775m.

Yield
4.95%

Agent(s):
James Kidd
Matt Mimmack



Sold
Auckland, North Shore City
1/21 Corinthian Drive, Albany
450m², The property comprises approximately 450sqm retail and a 70sqm covered terrace, This retail complex enjoys frontage facing Albany Highway, Located in the biggest new retail development on the North Shore, Supermarket as the anchor tenant,
Property type: Retail
- The property comprises approximately 450sqm retail and a 70sqm covered terrace - Located in the biggest new retail development on the North Shore ... more detail
Listing ID:
1501549
Sold for:
$4.3m.
Yield:
6.04%

Sold
Auckland, North Shore City
1/21 Corinthian Drive, Albany

450m², The property comprises approximately 450sqm retail and a 70sqm covered terrace, This retail complex enjoys frontage facing Albany Highway, Located in the biggest new retail development on the North Shore, Supermarket as the anchor tenant,
Property type: Retail

- The property comprises approximately 450sqm retail and a 70sqm covered terrace - Located in the biggest new retail development on the North Shore - Surrounded by a wide range of well-known tenants - Supermarket as the anchor tenant Situated in the heart of Albany, this high-exposure retail complex enjoys triple frontage facing Albany Highway, Corinthian Drive, and Data Way. The busy centre is surrounded by a wide range of well-known tenants, including ASB Bank, Westpac Bank, Mitre 10, Olympus, McVeagh Fleming, Lion Foundation, Peter Baker Transport, and Kids Cove Childcare Centre. Massey University is situated within 5 minutes walking distance across the Albany Express Highway, Albany Westfield Mall, Albany Mega Centre, North Harbour Stadium, Park and Ride Bus Station are all nearby. The property comprises approximately 450sqm high stud retail as well as a 70sqm covered terrace. It has been leased to a supermarket as the anchor tenant of the retail centre, with an eight year lease, returning $260,000pa + GST and OPEX. The tenant has also provided a bond guarantee, in addition to personal guarantee. Floor Area: 450sqm (approximately) Zoning: Business Park Zone Name of Tenant: Albany Supermarket Limited Term of Lease: Eight (8) years Commencement Date: 28th August 2017 Deadline Private Treaty (unless sold prior) 4pm, Thursday 8th March 2018 29 Northcroft Street, Takapuna, Auckland, New Zealand
Listing ID
1501549

Month of sale:
June '18

Property value
$4.3m.

Yield
6.04%

Agent(s):
Eddie Zhong
Ranjan Unka
Terry Kim



Sold
Auckland, North Shore City
2-8 Montgomery Avenue, Rothesay Bay

Property type: Retail
Ideal investment with rental growth potential! - Freehold standalone site - Multi income stream - two tenancies - Excellent exposure on busy Beac... more detail
Listing ID:
1501412
Sold for:
$1.185m.
Yield:
5.9%

Sold
Auckland, North Shore City
2-8 Montgomery Avenue, Rothesay Bay


Property type: Retail

Ideal investment with rental growth potential! - Freehold standalone site - Multi income stream - two tenancies - Excellent exposure on busy Beach Road - Developement potential - Returning $70,622 net pa + GST and outgoings. For sale by Auction (unless sold prior) 11am, Wednesday 7th March 2018 Bayleys House, 30 Gaunt Street, Auckland, New Zealand To arrange a viewing of the property, please do not hesitate to contact me: Brian Caldwell +64 274 815 505 brian.caldwell@bayleys.co.nz
Listing ID
1501412

Month of sale:
June '18

Property value
$1.185m.

Yield
5.9%

Agent(s):
Brian Caldwell



Sold
Auckland, North Shore City
17 Ashfield Road, Wairau Valley
692m², Currently returning $75,600pa + GST and outgoings, Easy access to the Northern Motorway (SH1) via the Tristram Interchange, A grade seismic rating of 90%, Five separate industrial units on one title,
Property type: Warehouse/Industrial
- Currently returning $75,600pa + GST and outgoings - Five separate industrial units on one title - A grade seismic rating of 90% - Easy access to the... more detail
Listing ID:
1501519
Sold for:
$1.7m.
Yield:
4.45%

Sold
Auckland, North Shore City
17 Ashfield Road, Wairau Valley

692m², Currently returning $75,600pa + GST and outgoings, Easy access to the Northern Motorway (SH1) via the Tristram Interchange, A grade seismic rating of 90%, Five separate industrial units on one title,
Property type: Warehouse/Industrial

- Currently returning $75,600pa + GST and outgoings - Five separate industrial units on one title - A grade seismic rating of 90% - Easy access to the Northern Motorway (SH1) via the Tristram Interchange - The building area is 692sqm (Approximately); land area is 1,017sqm (more or less) - Light industry zone under AUP (OP)Offered to the market for the first time since 1985, this property represents a rare opportunity to purchase in a tightly held area.Having multiple tenants, a fee-simple title and being located in the popular Wairau Valley industrial estate, which is a high demand, low vacancy area, the property provides profoundly good real estate, so is ideal for all investors and family trusts looking to invest in a property with an upside in the near future.Additionally, one of the units is on a month by month lease, so could be used by the new owner for their own small business - or storage of personal effects. Multi-tenanted industrial investment properties, on a fee-simple title especially with significant rental upside rarely come available - so don't hesitate to call for further information.For sell by Auction (Unless sold prior)11am, Wednesday 7th March 2018Bayleys house, 30 Gaunt Street, Auckland, New Zealand
Listing ID
1501519

Month of sale:
June '18

Property value
$1.7m.

Yield
4.45%

Agent(s):
Trevor Duffin
Ranjan Unka



Sold
Auckland, North Shore City
1/2 Ngaio Street, Takapuna
120m², Investment, $39,000 net p.a, Mixed Use Zone (AUP),
Property type: Childcare/Medical facility
Herein lies a rare opportunity to secure a bite sized investment in one of the North Shore's most tightly held suburbs. This investment is strategical... more detail
Listing ID:
1501805
Sold for:
$798,000.
Yield:
4.89%

Sold
Auckland, North Shore City
1/2 Ngaio Street, Takapuna

120m², Investment, $39,000 net p.a, Mixed Use Zone (AUP),
Property type: Childcare/Medical facility

Herein lies a rare opportunity to secure a bite sized investment in one of the North Shore's most tightly held suburbs. This investment is strategically located in close proximity to the North Shore Hospital and benefits from Zoning upside afforded by the Unitary Plan (up to 18m). The unit comprises of medical consulting rooms and ancillary areas. The tenants business is well established and has been in operation since 2004.With vacancy rates across the area at historical lows, subsequent tenant demand has stimulated significant rental growth for units of this nature which is yet to be recognised. This demand, lack of greenfield development sites and cost of construction all adds up to an affordable opportunity that you will struggle to replace in the future. For further information please don't hesitate to contact the sole agents today.
Listing ID
1501805

Month of sale:
May '18

Property value
$798,000.

Yield
4.89%

Agent(s):
Adam Curtis
Adam Watton



Sold
Auckland, Auckland City
Unit B & C 28-36 Wellesley Street East, Auckland Central

Property type: Retail
The unit is well located being metres from the main entry to The Auckland Art Gallery. The corner position boasts high levels of foot traffic and... more detail
Listing ID:
153911
Sold for:
$1.25m.
Yield:
5.44%

Sold
Auckland, Auckland City
Unit B & C 28-36 Wellesley Street East, Auckland Central


Property type: Retail

The unit is well located being metres from the main entry to The Auckland Art Gallery. The corner position boasts high levels of foot traffic and exposure from Khartoum Place, a public inner-city thoroughfare, Albert Park and Kitchener Street.  The unit itself is a light filled, predominantly open plan space with a fantastic stud height and character aspect. It consists of one main L shaped area that is currently utilised as a high end exhibition space. A separate kitchenette is attached whilst storage and toilets are accessed through another internal door. Two entries from the elegant common area allow for easy access internally. This fantastic passive investment offers you a chance to buy tightly held CBD retail property. For more information contact the sole agents Ned Gow and Adam White.
Listing ID
153911

Month of sale:
May '18

Property value
$1.25m.

Yield
5.44%

Agent(s):
Ned Gow
Adam White



Sold
Bay of Plenty, Tauranga
120 Devonport Road, Tauranga

Property type: Retail
- Strategic 445m2 freehold city centre zoned site- Prime high profile corner position in Tauranga's CBD- 690m2 two level retail / office building- ... more detail
Listing ID:
2304191
Sold for:
$2,205,000

Sold
Bay of Plenty, Tauranga
120 Devonport Road, Tauranga


Property type: Retail

- Strategic 445m2 freehold city centre zoned site- Prime high profile corner position in Tauranga's CBD- 690m2 two level retail / office building- C Grade (45%) NBS seismic rating- Split risk investment with six tenancies- Fully tenanted with annual net rental of $135,895 + GSTLocation is the key to this strategic Tauranga CBD site which is set for significant growth and major transformation due to the pending retail and residential redevelopment of the Farmers block directly opposite. Occupying a prime high profile commercial corner on the very busy Devonport Road and Elizabeth Street intersection, the site offers excellent future redevelopment options that include a maximum building height of 19 metres in this city center zoned location.The property provides a two level office / retail building comprising three retail / office tenants to the ground floor and three first floor offices that offer a solid spread of risk and cashflow from the six tenancies that has strong rental growth potential.Astute investors, developers and land bankers will most certainly recognize the excellent attributes of this fully tenanted asset which provides an outstanding opportunity to secure a prized position in the Tauranga CBD!Call the sole agents today for more information or to arrange a viewing!
Listing ID
2304191

Month of sale:
May '18

Property value
$2,205,000

Agent(s):
Lynn Bradley
Brendon Bradley



Sold
Auckland, Papakura
22 Oakleigh Avenue, Takanini

Property type: Warehouse/Industrial
Don't miss out on this opportunity to own this fantastic property with a 184sqm (more or less) workshop on a freehold land area of 1159sqm (more or le... more detail
Listing ID:
1951356
Sold for:
$941,000

Sold
Auckland, Papakura
22 Oakleigh Avenue, Takanini


Property type: Warehouse/Industrial

Don't miss out on this opportunity to own this fantastic property with a 184sqm (more or less) workshop on a freehold land area of 1159sqm (more or less).Good security fencing and set back off the road.It is hard to find properties like this in this tightly held market. The property would suit a variety of uses and we urge you to make an appointment to view.For sale by Auction at 12.00pm on the 29th May 2018 at Bayleys Takanini Office, 292 Great South Road, Takanini.
Listing ID
1951356

Month of sale:
May '18

Property value
$941,000

Agent(s):
Peter Migounoff
Rod Grieve



Sold
Hawkes Bay, Hastings
1017 Manchester Street, Woolwich
1,365m², Excellent location adjoining Napier expressway, $80,596.66 plus GST,
Property type: Warehouse/Industrial
Significant income from two corporate tenants.Excellent location adjoining Napier expressway.Investment with attractive yield.Outstanding industrial l... more detail
Listing ID:
2850996
Sold for:
$1m.
Yield:
8.4%

Sold
Hawkes Bay, Hastings
1017 Manchester Street, Woolwich

1,365m², Excellent location adjoining Napier expressway, $80,596.66 plus GST,
Property type: Warehouse/Industrial

Significant income from two corporate tenants.Excellent location adjoining Napier expressway.Investment with attractive yield.Outstanding industrial locationWell constructed clear span buildings.Stud height of 5.5 metres rising to 7.6 metres at apex.Annual rental of $80,596.66 plus GST.There has been major development, sales and leasing of industrial property in the immediate vicinity.Near neighbours include McLaren Stainless, Lattey Civil and Precast and Hastings Laminate.Tenancy details on request.
Listing ID
2850996

Month of sale:
May '18

Property value
$1m.

Yield
8.4%

Agent(s):
Rollo Vavasour



Sold
Auckland, Auckland City
37 Drake Street, Auckland Central

Property type: Office
- Beautifully presented character office in the Auckland Victoria Quarter precinct - Fully leased to an international tenant returning $199,079.86 + G... more detail
Listing ID:
1685243
Sold for:
$3.15m.
Yield:
6.37%

Sold
Auckland, Auckland City
37 Drake Street, Auckland Central


Property type: Office

- Beautifully presented character office in the Auckland Victoria Quarter precinct - Fully leased to an international tenant returning $199,079.86 + GST pa - Immaculately refurbished with Grade A earthquake rating - This investment ticks all boxes. Just sit back and enjoy the cashflow This prime investment is fully leased to Devoli, a market leading automation company. Founded in 2008, Devoli has offices in Sydney, America and the United Kingdom. Drake Street, which has recently been refurbished to an impeccable standard, is the companies New Zealand headquarters. Devoli joins the ranks of numerous corporates which have recently moved in to this vibrant Victoria Quarter commercial and residential hub. It is a location is rich in amenity with numerous award winning cafes and restaurants nearby and is close to the central City and public transport routes. A beautifully presented character office tenanted by a well-known international company in a premier and vibrant location. This one ticks all of the boxes.
Listing ID
1685243

Month of sale:
May '18

Property value
$3.15m.

Yield
6.37%

Agent(s):
Cameron Melhuish
Matt Gordon



Sold
Auckland, Manukau City
45 Rennie Drive, Auckland Airport
750m², Motorways, Yes, 750sqm, 250sqm, Six Carparks, 500sqm,
Property type: Warehouse/Industrial
Situated on the Montgomerie Road end of Rennie Drive this warehouse/office mix contains all the amenities you and your staff require. The offices a... more detail
Listing ID:
1901600
Sold for:
$1,75m

Sold
Auckland, Manukau City
45 Rennie Drive, Auckland Airport

750m², Motorways, Yes, 750sqm, 250sqm, Six Carparks, 500sqm,
Property type: Warehouse/Industrial

Situated on the Montgomerie Road end of Rennie Drive this warehouse/office mix contains all the amenities you and your staff require. The offices are airconditioned and the ground floor provides daylight including great potential for a revamped reception. Warehouse is a medium-high stud split. The Mangere/Airport Oaks Precinct is continuing to become a highly desirable industrial area and is home to some of the largest freight and logistics companies. Mangere and the Airport Oaks Precinct is only a short distance from the Auckland International Airport and has easy access to the industrial precincts of Wiri, Penrose, Onehunga, and Mt Wellington. For further property details or to arrange a time to view please contact one of the agents below. We can also provide you with a list of all available properties in the area for you to compare. Alex McNeil 027 543 0661 alex.mcneil@bayleys.co.nz Nick Bayley 021 174 2440 nick.bayley@bayleys.co.nz
Listing ID
1901600

Month of sale:
May '18

Property value
$1,75m

Agent(s):
Alex McNeil
Nick Bayley



Sold
Auckland, North Shore City
68 Paul Matthews Road, Rosedale

Property type: Warehouse/Industrial
This opportunity will appeal to any astute investor looking for a good low risk investment. Four separate units with six individual leases provide mul... more detail
Listing ID:
168382
Sold for:
$3.36m + gst.
Yield:
5.19%

Sold
Auckland, North Shore City
68 Paul Matthews Road, Rosedale


Property type: Warehouse/Industrial

This opportunity will appeal to any astute investor looking for a good low risk investment. Four separate units with six individual leases provide multiple income streams and will be sold as one parcel. Built by well-known developers, Kea Property Group, in 2001 this property is well located on Auckland’s North Shore, is close to a range of businesses and amenities and sits on a  level site providing good vehicle access. Buy and hold to enjoy the cashflow or have the flexibility to sell individual units. Call the industrial specialists Mike Ryan and Matt Prentice now.  
Listing ID
168382

Month of sale:
May '18

Property value
$3.36m + gst.

Yield
5.19%

Agent(s):
Mike Ryan
Matt Prentice



Sold
Northland, Far North
47 Hobson Avenue, Kerikeri
Section Of 2,390m² Commercial Zoned Site
Property type: Retail
... more detail
Listing ID:
78136
Sold for:
$825,000

Sold
Northland, Far North
47 Hobson Avenue, Kerikeri

Section Of 2,390m² Commercial Zoned Site
Property type: Retail

Listing ID
78136

Month of sale:
May '18

Property value
$825,000

Agent(s):
Hayden Clarke and Regan Polglaze


Barfoot & Thompson
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