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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 402 results. All prices are exclusive of GST(if any).

Sold
Auckland, Auckland City
123 Onehunga Mall, Onehunga
118sqm retail premises on 126sqm site.
Property type: Retail
118sqm retail premises on 126sqm site with a car park and dual access. Operating as a Thai cafe, returning $24,700 + GST PA.... more detail
Listing ID:
76681
Sold for:
$566,000

Sold
Auckland, Auckland City
123 Onehunga Mall, Onehunga

118sqm retail premises on 126sqm site.
Property type: Retail

118sqm retail premises on 126sqm site with a car park and dual access. Operating as a Thai cafe, returning $24,700 + GST PA.
Listing ID
76681

Month of sale:
November '17

Property value
$566,000

Agent(s):
Nick Wilson
James Marshall


Barfoot & Thompson
Sold
Auckland, Auckland City
Unit 74, Drake Street, Auckland Central
268sqm restaurant at Victoria Park Market.
Property type: Retail
Unit 74 is a sophisticated, New York Style restaurant and bar in the rapidly developing Victoria Quarter.  The trendy retail premise op... more detail
Listing ID:
58000
Sold for:
$1.3m
Yield:
7.8%

Sold
Auckland, Auckland City
Unit 74, Drake Street, Auckland Central

268sqm restaurant at Victoria Park Market.
Property type: Retail

Unit 74 is a sophisticated, New York Style restaurant and bar in the rapidly developing Victoria Quarter.  The trendy retail premise opens out onto a stunning rooftop deck area that holds amazing views out over Victoria Park - giving this property a unique x-factor over other similar offerings in the CBD market. Due to the Victoria Quarters prime position in the CBD there has been a hive of recent investment in the immediate area, with new hotel, office and multiple apartment complexes completed or under construction.  Well established, The Oakroom is set to take advantage of the rapid development of this region.  With amazing motorway access, views over Victoria Park and its proximity to the waterfront, this property is undoubtedly unique. The vendor reserves the right to sell at a price of their discretion.
Listing ID
58000

Month of sale:
November '17

Property value
$1.3m

Yield
7.8%

Agent(s):
Gareth Fraser
Simon Felton



Sold
Otago, Dunedin City
248 Cumberland Street, Dunedin
220sqm office space on levels 1 & 2
Property type: Office
Floor area of approximately 220m². Located on the ground floor of ASB House, with the entry being to the left of the main entry doors. Great pr... more detail
Listing ID:
57795
Sold for:
$2.825m
Yield:
7.6%

Sold
Otago, Dunedin City
248 Cumberland Street, Dunedin

220sqm office space on levels 1 & 2
Property type: Office

Floor area of approximately 220m². Located on the ground floor of ASB House, with the entry being to the left of the main entry doors. Great profile onto Cumberland Street/State Highway 1 and in the Dunedin's CBD. Large open plan space with three separate offices. Rental of $44,000p.a. (gross) plus GST, carparks also available at additional rate of $30 plus GST per park per week.  Surrounded by well known and established businesses. Contact our nominated broker below for further details and to arrange a suitable time to view.
Listing ID
57795

Month of sale:
November '17

Property value
$2.825m

Yield
7.6%

Agent(s):
Dean Collins



Sold
Canterbury, Christchurch City
2/163 Wordsworth Street, Sydenham.
238sqm refurbished warehouse/office with 4 car parks.
Property type: Warehouse/Industrial
High profile, fully refurbished property for sale in a prime Sydenham location. The property enjoys the benefits of a high profile corner site in Syde... more detail
Listing ID:
135895
Sold for:
$400,000

Sold
Canterbury, Christchurch City
2/163 Wordsworth Street, Sydenham.

238sqm refurbished warehouse/office with 4 car parks.
Property type: Warehouse/Industrial

High profile, fully refurbished property for sale in a prime Sydenham location. The property enjoys the benefits of a high profile corner site in Sydenham, whilst still having easy access off Wordsworth Street and good car parking. The units have just undergone full refurbishment and upgrades and are ready to be occupied by a business looking to buy rather than lease! Investors should also take note as the property sits in an area of the market which has high tenant demand. The vendor of this property is highly motivated to sell, bringing a rare opportunity to purchase so close to the city fringe. The building is very well presented with ground level floor office/ showroom and first floor meazzanine/ offices. The warehouse has good stud height and a full height roller door. Call the sole agents for further information For sale by Auction 10am, Thursday 9 November 2017 at Colliers International Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch (unless sold prior).
Listing ID
135895

Month of sale:
November '17

Property value
$400,000

Agent(s):
Christian Kellar
Oliver Salt



Sold
Canterbury, Christchurch City
49 Papanui Road, Merivale
Former 12 unit motel complex with manager's accommodation on 1517sqm site sold "as is."
Property type: Hotel/Accommodation
This is an 'AS IS, WHERE IS' opportunity on the high profile Papanui Road, comprising a total of 12 units and a managers house. The property was once ... more detail
Listing ID:
133508
Sold for:
$1,700,000

Sold
Canterbury, Christchurch City
49 Papanui Road, Merivale

Former 12 unit motel complex with manager's accommodation on 1517sqm site sold "as is."
Property type: Hotel/Accommodation

This is an 'AS IS, WHERE IS' opportunity on the high profile Papanui Road, comprising a total of 12 units and a managers house. The property was once home to a motel complex, 'Adelphi Motel' and is now available for genuine sale to a new purchaser. The complex comprises a total site area of 1,517m², a significant land holding on offer for the tightly held Papanui Road location. The units are north facing providing sun most of the day and great natural light to all units. There are ample on-site car parks available to each unit. The units are to be sold with all chattels included. The property sustained damage in the 2011/2012 earthquakes and will be sold 'As is where is'. This now provides a great opportunity to add significant value to an outstanding high profile parcel of land. The vendor is motivated to move on and is committed elsewhere, allowing purchasers the opportunity to take advantage of this significant add value property. Call the sole agents now for further details!
Listing ID
133508

Month of sale:
November '17

Property value
$1,700,000

Agent(s):
Will Franks
Mark Macauley



Sold
Canterbury, Selwyn
7 Tennyson Street, Rolleston
261sqm KFC outlet leased to Restaurant Barnds
Property type: Retail
This is an outstanding opportunity to secure a prime retail asset located in tightly held Rolleston one of the fastest growing areas in the country. T... more detail
Listing ID:
84079
Sold for:
$3,215,000
Yield:
5.28%

Sold
Canterbury, Selwyn
7 Tennyson Street, Rolleston

261sqm KFC outlet leased to Restaurant Barnds
Property type: Retail

This is an outstanding opportunity to secure a prime retail asset located in tightly held Rolleston one of the fastest growing areas in the country. This newly built premises creates an exciting opening for the passive investor looking for their next investment with the security of a long term lease to a well-regarded International retailer Restaurant Brands. Contact the sole agents today for further information. Auction to be held 10am Thursday 9 November 2017 at Colliers International Auction Room, Level 1, 181 High Street. *Boundary lines are indicative only
Listing ID
84079

Month of sale:
November '17

Property value
$3,215,000

Yield
5.28%

Agent(s):
Courtney Doig
Charlie Oscroft



Sold
Auckland, Manukau City
261 Hill Road, The Gardens
Vacant 5.14 hectare development site.
Property type: Vacant land/Development site
This sought-after 5.1445 hectare (approximately 12.7 acre) landholding offers investors ordevelopers huge potential in such a high growth area.Strateg... more detail
Listing ID:
1950641
Sold for:
$$7,000,000

Sold
Auckland, Manukau City
261 Hill Road, The Gardens

Vacant 5.14 hectare development site.
Property type: Vacant land/Development site

This sought-after 5.1445 hectare (approximately 12.7 acre) landholding offers investors ordevelopers huge potential in such a high growth area.Strategically positioned in the heart of The Gardens and Alfriston, takes full advantage of all thisfabulous area has on offer. This is an attractive location for a prime subdivision and only minutesfrom major shopping centres and motorway access. Zoned Mixed Housing Suburban and Future Urban under the Decision Version of the Auckland Unitary Plan.Don't hesitate - this quality landholding will attract interest from developers or landbankerslooking for strong future investment.
Listing ID
1950641

Month of sale:
November '17

Property value
$$7,000,000

Agent(s):
Peter Migounoff
Piyush Kumar



Sold
Auckland, Manukau City
C/5 Jack Conway Avenue, Manukau City
470m², Attractive Manukau location, Two long-standing and well-established tenants returning $130,000 net p.a., 230sqm ground floor retail and approximately 241sqm first floor office space,
Property type: Retail
• Unit title on freehold corner site offering substantial exposure • Modern, low-maintenance premises • Two long-standing and well-es... more detail
Listing ID:
1950714
Sold for:
$1.92m
Yield:
6.77%

Sold
Auckland, Manukau City
C/5 Jack Conway Avenue, Manukau City

470m², Attractive Manukau location, Two long-standing and well-established tenants returning $130,000 net p.a., 230sqm ground floor retail and approximately 241sqm first floor office space,
Property type: Retail

• Unit title on freehold corner site offering substantial exposure • Modern, low-maintenance premises • Two long-standing and well-established tenants returning $130,000pa plus GST plus Outgoings • Total floor area 471sqm (approx) - ground floor 230sqm and first floor 241sqm with carparks • Attractive Manukau CBD location close to key transport routes The opportunity to secure a long-term tenanted investment in sought-after Jack Conway Ave awaits. The well-presented first floor office is tenanted by an established international business. Both tenants have long-term leases providing income security for the new owner. The First Floor tenant, Bartercard New Zealand has a 8 year lease, commencement date of March 2013, with two (2) x four (4) years rights of renewal with a net rental of $50,000 plus GST and outgoings. Ground floor tenant, Gordy's Bar & Gaming Lounge has an 8 year lease, commencement date December 2016, with three (3) x four (4) years rights of renewal, with a net rental of $80,000 plus GST and outgoings. Whether you are a savvy investor adding to your portfolio, or a first time commercial investor wanting independent ownership, this properly ticks all the boxes. Don't delay, contact us today to view the property.
Listing ID
1950714

Month of sale:
November '17

Property value
$1.92m

Yield
6.77%

Agent(s):
Rod Grieve
Maxene Bates



Sold
Waikato, Hauraki
48 Belmont Road, Paeroa

Property type: Retail
- Town centre investment- Returning $18,000pa +GST/OPEX- State highway road frontage- Midway between Auckland and TaurangaSituated in the CBD of P... more detail
Listing ID:
813370
Sold for:
$206,000

Sold
Waikato, Hauraki
48 Belmont Road, Paeroa


Property type: Retail

- Town centre investment- Returning $18,000pa +GST/OPEX- State highway road frontage- Midway between Auckland and TaurangaSituated in the CBD of Paeroa, 48 Belmont Road offers an opportunity for the first time investor or add to an existing portfolio. Currently home to the $1 $2 $3 Awesome, a popular retail store in the heart of Paeroa.Paeroa has been experiencing excellent growth with investment and development in the district. 48 Belmont Road offers an excellent opportunity to invest in the town.
Listing ID
813370

Month of sale:
November '17

Property value
$206,000

Agent(s):
Josh Smith



Sold
Auckland, Auckland City
1484C Dominion Rd, Mt Roskill.
147sqm office
Property type: Office
Vacant office with dual access on 147sqm site ... more detail
Listing ID:
76451
Sold for:
$726,000

Sold
Auckland, Auckland City
1484C Dominion Rd, Mt Roskill.

147sqm office
Property type: Office

Vacant office with dual access on 147sqm site
Listing ID
76451

Month of sale:
November '17

Property value
$726,000

Agent(s):
Nick Wilson


Barfoot & Thompson
Sold
Auckland, Waitakere City
1 Crum Avenue, New Lynn

Property type: Warehouse/Industrial
Situated on a freehold corner site in sought after and growing New Lynn, this affordable investment property is a unique offering in today's tightly h... more detail
Listing ID:
1684109
Sold for:
$1,305,000

Sold
Auckland, Waitakere City
1 Crum Avenue, New Lynn


Property type: Warehouse/Industrial

Situated on a freehold corner site in sought after and growing New Lynn, this affordable investment property is a unique offering in today's tightly held market for this style of property. Currently leased to two well established tenancies; a lunch bar and an automotive repair workshop, this property provides investors a combined income stream of $46,000 pa + GST. It is situated on a 607sqm site which is zoned Business Light Industry - allowing for a wide variety of potential. The existing 360sqm multi-purpose building was constructed in the 1980s with concrete block walls and long run roofing. The property enjoys a favourable Category B (70%) IEP statusThis property is further complemented by good off-street parking and high-profile corner position, and is close to Great North Road, New Lynn commercial centre and Lynn Mall. Key features:- 607sqm corner site - 360sqm concrete block building- $46,000 + GST rental income- Roller door access to both tenancies- Good off-street car-parking and yard space - Favourable IEP All viewings are strictly by appointment with the sole agents and all details are within the comprehensive information memorandum which is available upon request.
Listing ID
1684109

Month of sale:
November '17

Property value
$1,305,000

Agent(s):
Mike Adams
Simon Davies



Sold
Auckland, Auckland City
51 Angle Street, Onehunga
414sqm warehouse with 45sqm office on 556sqm site
Property type: Warehouse/Industrial
FOR SALE BY AUCTION (unless sold prior) to be held at 11am, 8 November 2017 at Level 27, 151 Queen Street, Auckland CBD   Arguably one of t... more detail
Listing ID:
135930
Sold for:
$1,345,000

Sold
Auckland, Auckland City
51 Angle Street, Onehunga

414sqm warehouse with 45sqm office on 556sqm site
Property type: Warehouse/Industrial

FOR SALE BY AUCTION (unless sold prior) to be held at 11am, 8 November 2017 at Level 27, 151 Queen Street, Auckland CBD   Arguably one of the tidiest buildings on Angle Street in Onehunga is being offered to the market with vacant possession.  Sitting on a 556sqm freehold title, this is an opportunity for both owner occupiers and investors to secure an industrial building that ticks all the boxes.  The current owner has kept the building in an immaculate condition, and carried out regular maintenance which includes the replacing the roof approximately three years ago. The clear-span 413.8sqm is of a regular shape and is accessible via the one roller door at the front of the building. The recently renovated office space comprises of 45.1sqm, creating a small but tidy office/reception area. Power supply into the building is ample, with three phase currently feeding into the factory. Six car parks are located immediately outside the front of the building.  Zoned 'Heavy Industry' under the unitary plan permits the most flexibility of industrial uses, and as such should attract occupiers from an array of industries.    Start off 2018 in style by owning this fantastic piece of real estate. VIEWINGS ARE STRICTLY BY APPOINTMENT ONLY. CONTACT BEN (021 245 5855) OR JEREMY (021 500 972) TO ARRANGE AN INSPECTION 
Listing ID
135930

Month of sale:
November '17

Property value
$1,345,000

Agent(s):
Ben Cockram
Jeremy Barnett



Sold
Auckland, North Shore City
66 Hillside Road, Wairau Valley
587sqm office on 809sqm site
Property type: Office
Your opportunity to own this iconic, standalone property in a central North Shore location and stand out from the crowd. The total building area ... more detail
Listing ID:
78253
Sold for:
$1,920.000

Sold
Auckland, North Shore City
66 Hillside Road, Wairau Valley

587sqm office on 809sqm site
Property type: Office

Your opportunity to own this iconic, standalone property in a central North Shore location and stand out from the crowd. The total building area of 587m² includes elevated, air conditioned office space providing views over the Wairau Valley along with a storage or workshop area with roller door access. This road front property has major signage potential and the secure site includes generous car parking. This is available with vacant possession and includes separate rental income from a Vodafone license. Owner occupiers and investors should inspect. Please call Sole Agents to discuss. Janet Marshall 021 684 775 or Mike Ryan 021 402 461
Listing ID
78253

Month of sale:
November '17

Property value
$1,920.000

Agent(s):
Janet Marshall
Mike Ryan



Sold
Bay of Plenty, Tauranga
133 Newton Street, Mount Maunganui
817sqm warehouse/office on 1312sqm site
Property type: Warehouse/Industrial
Excellent opportunity to purchase a modernised building in a highly sought after Mount location. The property offers a high profile onto Newton Street... more detail
Listing ID:
69074
Sold for:
$1.91m
Yield:
5.15%

Sold
Bay of Plenty, Tauranga
133 Newton Street, Mount Maunganui

817sqm warehouse/office on 1312sqm site
Property type: Warehouse/Industrial

Excellent opportunity to purchase a modernised building in a highly sought after Mount location. The property offers a high profile onto Newton Street but also enjoys rear exposure onto Maunganui Road. The property has high stud warehousing, modern showroom and office space as well as good car parking with drive around access for heavy vehicles. Leased until 14 June 2019 with no rights of renewals and net rental of $100,000 pa + GST & outgoings. The tenant is down sizing their operation and are offering a leaseback until May 2019 which creates an opportunity for owner occupiers or investors who will re-tenant the property. 
Listing ID
69074

Month of sale:
November '17

Property value
$1.91m

Yield
5.15%

Agent(s):
Rob Schoeser
Simon Clark



Sold
Auckland, North Shore City
6-8 Civil Place, Albany, Auckland
1933sqm warehouse on 3255sqm site, leased to Coco-Cola Amatil
Property type: Warehouse/Industrial
Colliers International have been exclusively appointed to offer 6-8 Civil Place, Albany to the market which is an exceptional, long term tenanted... more detail
Listing ID:
126601
Sold for:
$5.74m
Yield:
4.99%

Sold
Auckland, North Shore City
6-8 Civil Place, Albany, Auckland

1933sqm warehouse on 3255sqm site, leased to Coco-Cola Amatil
Property type: Warehouse/Industrial

Colliers International have been exclusively appointed to offer 6-8 Civil Place, Albany to the market which is an exceptional, long term tenanted industrial investment in a highly sought after North Shore location. The generic & highly functional 1933.8m² standalone building positioned on a large 3,255m² freehold title was designed & built for Coca Cola Amatil (NZ) Ltd in 2007 on a 9 year lease term. In January 2016, they renewed their lease for a further 9 years at a total rental of $315,000 pa + GST. Quality standalone industrial investments of this calibre are rarely offered to the market, especially with blue chip covenants such as Coca-Cola Amatil. Nearby neighbours include 3M, Rex Bionics, Wallace Cotton, Douglas Johnson, Anzor Fasteners, Hightech Packaging and Penguin Books to name a few. This is a true 'A' grade, trophy industrial investment that must be seriously considered. Contact the Sole Agents Matt Prentice (021 464 904) or Shoneet Chand (021 400 765) for further information or to register your interest.
Listing ID
126601

Month of sale:
November '17

Property value
$5.74m

Yield
4.99%

Agent(s):
Matt Prentice
Shoneet Chand



Sold
Bay of Plenty, Tauranga
LOT 232, Kennedy Road, Tauriko, Tauranga
4799sqm vacant industrial development site
Property type: Vacant land/Development site
You will need to be very quick to secure this titled lot on highly sought after Kennedy Road.Owner Occupiers and developers alike will both identify w... more detail
Listing ID:
86623
Sold for:
$1,775,630

Sold
Bay of Plenty, Tauranga
LOT 232, Kennedy Road, Tauriko, Tauranga

4799sqm vacant industrial development site
Property type: Vacant land/Development site

You will need to be very quick to secure this titled lot on highly sought after Kennedy Road.Owner Occupiers and developers alike will both identify with this location and efficiencies from the drive through ROW.\Dual access is a rare find and this lot has it all including excellent Geotech and high profile and great lot dimensions. This 4,799m² lot has just has its titled issued which enables a quick settlement and you can get underway with your building plans.
Listing ID
86623

Month of sale:
October '17

Property value
$1,775,630

Agent(s):
Rachel Emerson



Sold
Bay of Plenty, Tauranga
115 Cameron Road, Tauranga
851sqm office
Property type: Office
A very unique investment opportunity for you to own a piece of Tauranga's “Golden mile”. This property offers a substantial 2 level buildi... more detail
Listing ID:
103917
Sold for:
$3.1m
Yield:
5.1%

Sold
Bay of Plenty, Tauranga
115 Cameron Road, Tauranga

851sqm office
Property type: Office

A very unique investment opportunity for you to own a piece of Tauranga's “Golden mile”. This property offers a substantial 2 level building on a prominent corner which is close to CBD Tauranga and with ample off street parking. The new owner has lots of potential upside with this investment by increasing rentals on the 1st floor and also renovating the ground floor tenancies to create a much higher rental income.
Listing ID
103917

Month of sale:
October '17

Property value
$3.1m

Yield
5.1%

Agent(s):
Duncan Woodhouse
Simon Clark



Sold
Canterbury, Christchurch City
6/987 Ferry Road, Ferrymead
293sqm retail unit with two tenancies
Property type: Retail
For more information please google www.propertyfiles.co.nz/property/555619Auction (unless sold prior)12pm, Friday 27th October 20173 Deans Ave, Riccar... more detail
Listing ID:
555619
Sold for:
$1.935m
Yield:
6.34%

Sold
Canterbury, Christchurch City
6/987 Ferry Road, Ferrymead

293sqm retail unit with two tenancies
Property type: Retail

For more information please google www.propertyfiles.co.nz/property/555619Auction (unless sold prior)12pm, Friday 27th October 20173 Deans Ave, RiccartonChristchurch- Two established, quality tenants spreads investment risk- Ten year lease with Dubba Deluxe and six years with Bayleys, both with further renewals- 100% New Building Standard- $122,796.98 net per annum plus GST- 292.74sqm with seven ancillary unit title carparksConstructed in 2016 the 987 Centre accommodates ASB, ANZ, House of Travel, Flight Centre, Saunders & Co Solicitors and Pita Pit among others. Occupying Unit 6, Bayleys now have seven offices across Canterbury. Dubba Deluxe is a Moroccan restaurant, established by experienced hospitality operators, offering modern cuisine packed with flavour, freshness and fusion. An excellent low risk investment.
Listing ID
555619

Month of sale:
October '17

Property value
$1.935m

Yield
6.34%

Agent(s):
Blair Young
Mitchell Wallace



Sold
Canterbury, Christchurch City
2/987 Ferry Road, Ferrymead
158sqm office leased to a law firm
Property type: Office
For more information please google www.propertyfiles.co.nz/property/555618Auction (unless sold prior)12pm, Friday 27th October 20173 Deans Ave, Riccar... more detail
Listing ID:
555618
Sold for:
$1.028m
Yield:
5.68%

Sold
Canterbury, Christchurch City
2/987 Ferry Road, Ferrymead

158sqm office leased to a law firm
Property type: Office

For more information please google www.propertyfiles.co.nz/property/555618Auction (unless sold prior)12pm, Friday 27th October 20173 Deans Ave, RiccartonChristchurch-Professional tenant-Ten year lease plus three five year rights of renewal-100% New Building Standard-$58,455 net rent per annum + GST-158.1sqm with four ancillary unit title car parksConstructed in 2016 the 987 Centre accommodates ANZ, ASB, House of Travel, Flight Centre, Pita Pit, Dubba Deluxe and Bayleys among others. The tenant, Saunders & Co, have recently relocated their Ferrymead offices to the 987 Centre to better provide for their expanding local client base. Quality tenant, excellent lease terms and brand new this investment is a worthy long term hold with an eye on the future.
Listing ID
555618

Month of sale:
October '17

Property value
$1.028m

Yield
5.68%

Agent(s):
Blair Young
Mitchell Wallace



Sold
Canterbury, Christchurch City
Unit 10, 987 Ferry Road, Ferrymead
209sqm unit leased to ANZ Bank
Property type: Retail
For more information google www.propertyfiles.co.nz/property/555527Auction (unless sold prior)12pm, Friday 27th October 20173 Deans Ave, RiccartonChri... more detail
Listing ID:
555527
Sold for:
$1.3m
Yield:
5.48%

Sold
Canterbury, Christchurch City
Unit 10, 987 Ferry Road, Ferrymead

209sqm unit leased to ANZ Bank
Property type: Retail

For more information google www.propertyfiles.co.nz/property/555527Auction (unless sold prior)12pm, Friday 27th October 20173 Deans Ave, RiccartonChristchurch- Strong national tenant - Significant fit out undertaken at tenant's cost- 100% NBS - $73,454 net rental per annum + GST- 209.5sqm with six ancillary car parksNestled in the heart of the Ferrymead commercial hub, this quality long term investment should be coveted. Accompanied by ASB, House of Travel, Flight Centre, Saunders & Co Solicitors, Pita Pit and Bayleys among others in the new 987 Centre, ANZ has taken the opportunity to lock themselves into this most recent development with two ATMs and an extensive fit out. The centre itself sits in a prime suburban location adjacent to the new Mitre 10 Trade centre and caters for approximately 28,000 people living in Christchurch's Eastern Bay and Hill suburbs. Given the high profile of the centre and the long term lease, it is fair to say your money will achieve a better return in the building than in the bank.
Listing ID
555527

Month of sale:
October '17

Property value
$1.3m

Yield
5.48%

Agent(s):
Blair Young
Mitchell Wallace



Sold
Auckland, Waitakere City
102C Hobsonville Road, Hobsonville
New office development sold off the plan
Property type: Office
102C Hobsonville Road presents a rare opportunity to acquire a strategically located and commercially zoned development site, servicing a large reside... more detail
Listing ID:
56005
Sold for:
$2.848m

Sold
Auckland, Waitakere City
102C Hobsonville Road, Hobsonville

New office development sold off the plan
Property type: Office

102C Hobsonville Road presents a rare opportunity to acquire a strategically located and commercially zoned development site, servicing a large residential catchment. Situated in the Workspace Development, the site totals 8,197m² and has Resource Consent granted for Retail, Office, Gym, Café and a Childcare Centre.   This is a fantastic opportunity to take advantage of the huge projected growth in the immediate surrounding area and develop an exciting product to cater for the ever-growing demand Hobsonville is experiencing.   Hobsonville is becoming one of West Auckland’s most affluent and desired suburbs and commercially zoned development land such as this is quickly becoming less available. The site is minutes from SH16 and SH18, providing excellent access, which is complemented by large traffic volumes enhancing the development’s exposure.   
Listing ID
56005

Month of sale:
October '17

Property value
$2.848m

Agent(s):
Sean Finnegan
Craig Smith



Sold
Wellington, Lower Hutt City
216 Jackson Street, Petone
313 sqm two level bldg with retail below and apartment above
Property type: Retail
Character, Style, Substance. Located at the vibrant heart of Jackson Street, this property simply has to be inspected to be understood.Fully leased on... more detail
Listing ID:
3251208
Sold for:
$1.1m
Yield:
5.5%

Sold
Wellington, Lower Hutt City
216 Jackson Street, Petone

313 sqm two level bldg with retail below and apartment above
Property type: Retail

Character, Style, Substance. Located at the vibrant heart of Jackson Street, this property simply has to be inspected to be understood.Fully leased on periodic tenancies, the property has a potential rental of $60,500pa net + GST.It was strengthened in 2000 and the apartment was fully refurbished in 2009.The ground floor comprises a self-contained shop and amenities with secure courtyard to the rear which could easily be converted to provide additional on-site parking. The 1st floor character apartment is generously sized at 175m2, and has been stunningly refurbished. It features 3 bedrooms, separate kitchen with walk in pantry and breakfast bar, lounge, dining room with family area, 2 bathrooms, a conservatory to the rear and its own car park. The property has dual rear access. The first being via the council service lane from Nelson Street. The second via an undeveloped Right of Way to Richmond Street. Contact us now to obtain an information pack and arrange an inspection. To receive a full information pack on the property please register your interest here: http://www.propertyfiles.co.nz/property/Jacksonstreet
Listing ID
3251208

Month of sale:
October '17

Property value
$1.1m

Yield
5.5%

Agent(s):
Andrew Smith
Paul Cudby



Sold
Wellington, Lower Hutt City
6/21-29 Bell Road South, Gracefield
475sqm industrial unit
Property type: Warehouse/Industrial
Hi Spec Industrial.Completed in 2008 this quality industrial business park is well above average in all aspects.Unit 6 is one of the smaller of 8 unit... more detail
Listing ID:
3251205
Sold for:
$1.04m
Yield:
6.76%

Sold
Wellington, Lower Hutt City
6/21-29 Bell Road South, Gracefield

475sqm industrial unit
Property type: Warehouse/Industrial

Hi Spec Industrial.Completed in 2008 this quality industrial business park is well above average in all aspects.Unit 6 is one of the smaller of 8 units and has housed Foreman Commercial Interiors since completion.- Quality high stud - Low maintenance, high volume industrial 8.5 to 9.5 height.- Seaview/Gracefield - Wellington's preferred industrial location- Long standing tenant - Has occupied this unit upon its completionContact me now to view.To register to receive all supplementary documents please visit: http://www.propertyfiles.co.nz/property/BellRoadSouth
Listing ID
3251205

Month of sale:
October '17

Property value
$1.04m

Yield
6.76%

Agent(s):
Richard Faisandier



Sold
Taranaki, New Plymouth
29-37 Paraite Road, Bell Block
2182sqm industrial bldg on 1.084ha site.
Property type: Warehouse/Industrial
* Currently returning $202,497 net rent* Leased to an international tenant* Handy to Bell Block bypass* Zoned Industrial E* Land area 10,840sqmA super... more detail
Listing ID:
522441
Sold for:
$2.6m
Yield:
7.65%

Sold
Taranaki, New Plymouth
29-37 Paraite Road, Bell Block

2182sqm industrial bldg on 1.084ha site.
Property type: Warehouse/Industrial

* Currently returning $202,497 net rent* Leased to an international tenant* Handy to Bell Block bypass* Zoned Industrial E* Land area 10,840sqmA superb standalone building in a first class/desirable location handy to the Bell Block bypass.The property features two crossings plus the building is situated on site to allow vehicles to circumnavigate while still optimising the balance of the site for car parking and laydown yard.The building has a total floor area of approx 2182m2 comprised of 230m2 modern offices and amenities, 1224m2 in four high stud clear span warehouse/workshops and the balance of 170m2 of mezzanine. Two canopies totalling approx 621m2 compliment the building.
Listing ID
522441

Month of sale:
October '17

Property value
$2.6m

Yield
7.65%

Agent(s):
Alan Johnston
Iain Taylor



Sold
Bay of Plenty, Tauranga
Units E & F, 314 Maunganui Road, Mount Maunganui
Two adjoining office units with combined floor area of 223sqm.
Property type: Office
- Two adjoining superior office units- Strong corporate tenant covenant- Prime high profile corner position- Annual net rental $99,668 + GSTProfes... more detail
Listing ID:
2301707
Sold for:
$2.2m
Yield:
4.49%

Sold
Bay of Plenty, Tauranga
Units E & F, 314 Maunganui Road, Mount Maunganui

Two adjoining office units with combined floor area of 223sqm.
Property type: Office

- Two adjoining superior office units- Strong corporate tenant covenant- Prime high profile corner position- Annual net rental $99,668 + GSTProfessional premises leased to the award winning Bayleys Mount Maunganui office who have recently won the prestigious REINZ National Award - Small Residential Office of the Year 2017.Bayleys have enjoyed a long 10 year tenure here in this landmark Custom House complex, capitalising on the outstanding corporate corner exposure the location provides and have just signed a new 10 year lease in the premises to further secure this superb site.Situated in a highly sought after and tightly held boutique commercial precinct, this top drawer Mount Maunganui investment must appeal to astute investors seeking a proven and passive performer for a long term hold!
Listing ID
2301707

Month of sale:
October '17

Property value
$2.2m

Yield
4.49%

Agent(s):
Brendon Bradley
Lynn Bradley



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