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

Sold
Nelson & Bays, Nelson
29 Trafalgar Street, The Wood
Kings Gate Motel. 11 units plus four bedroom manager's house. Leasehold.
Property type: Hotel/Accommodation
Situated opposite where the All Blacks will play Argentina in the beautiful city of Nelson the Kings Gate Motel offers it's clientele easy access to ... more detail
Listing ID:
4001539
Sold for:
$515,000

Sold
Nelson & Bays, Nelson
29 Trafalgar Street, The Wood

Kings Gate Motel. 11 units plus four bedroom manager's house. Leasehold.
Property type: Hotel/Accommodation

Situated opposite where the All Blacks will play Argentina in the beautiful city of Nelson the Kings Gate Motel offers it's clientele easy access to all the restaurants, cafes and shops that Nelson has to offer and a five minute drive to the beaches of Tahunanui. It has equally high appeal to the corporate market as well as holidaymakers. The Kings Gate has 11 spacious units ranging from studio units, one bedroom units and two bedroom units. The present owner is currently completing bathroom refurbishments. The managers accommodation comprises of a large standalone four bedroom house.Business Lease for sale- $585,000 + GST.For more information contact Gill Ireland.
Listing ID
4001539

Month of sale:
February '18

Property value
$515,000

Agent(s):
Gill Ireland



Sold
Nelson & Bays, Nelson
42 Waimea Road, Nelson South
140sqm converted villa on 893sqm site zoned commercial.
Property type: Office
Warm and welcoming on Waimea right down to the white picket fence! Having been repurposed as the premises of a chiropractic and wellness centre this ... more detail
Listing ID:
4001695
Sold for:
$760,000

Sold
Nelson & Bays, Nelson
42 Waimea Road, Nelson South

140sqm converted villa on 893sqm site zoned commercial.
Property type: Office

Warm and welcoming on Waimea right down to the white picket fence! Having been repurposed as the premises of a chiropractic and wellness centre this lovely character packed villa now presents to market as a gorgeous family home or a property to pursue your commercial venture. A generous 140 square metre floor plan encompasses four double bedrooms, tidy bathroom with integrated open plan living extending to front and rear verandas. Sash windows, high ceilings and period fireplace pay homage to the home's colonial heritage while modern decor adds a splash of contemporary chic. The west facing room is a blank canvas offering a superb opportunity to further increase value and appeal with your chosen custom kitchen- plumbing is already installed. A full sized 893 square metre section features beautifully coloured garden frontage with rear positioned sealed parking for up to eight vehicles, building a garage or extending your outdoor living space. Two kilometres from the City centre, walking distance to Nelson Boys and Girls Colleges and Hampden St School, other schools are also within close proximity, making this property perfectly positioned for families as well as for professional people and commercial use, zoned Suburban Commercial.
Listing ID
4001695

Month of sale:
February '18

Property value
$760,000

Agent(s):
Gill Ireland



Sold
Auckland, Auckland City
136A Captain Springs Road, Onehunga
Two Unit Total Area Of 442m²
Property type: Warehouse/Industrial
... more detail
Listing ID:
77391
Sold for:
$866,000

Sold
Auckland, Auckland City
136A Captain Springs Road, Onehunga

Two Unit Total Area Of 442m²
Property type: Warehouse/Industrial

Listing ID
77391

Month of sale:
February '18

Property value
$866,000

Agent(s):
James Marshall and Nick Wilson


Barfoot & Thompson
Sold
Auckland, Auckland City
Onehunga
160M² INDUSTRIAL UNIT
Property type: Warehouse/Industrial
... more detail
Listing ID:
77270
Sold for:
$670,000

Sold
Auckland, Auckland City
Onehunga

160M² INDUSTRIAL UNIT
Property type: Warehouse/Industrial

Listing ID
77270

Month of sale:
February '18

Property value
$670,000

Agent(s):
James Marshall and Nick Wilson


Barfoot & Thompson
Sold
Hawkes Bay, Napier City
2 Ford Road, Onekawa

Property type: Warehouse/Industrial
- 2,120sqm freehold land zoned main industrial - 1,478sqm modernised office and warehousing - Multiple entry points with 2 x 4.5m roller door access... more detail
Listing ID:
2850989
Sold for:
$1,750,000

Sold
Hawkes Bay, Napier City
2 Ford Road, Onekawa


Property type: Warehouse/Industrial

- 2,120sqm freehold land zoned main industrial - 1,478sqm modernised office and warehousing - Multiple entry points with 2 x 4.5m roller door access Located in Napier's Onekawa Industrial Area this property has seen significant refurbishment and investment over recent years. The fully airconditioned and modernised office comprises of individual suites, open plan area and showroom space together with generous staff amenities. The tidy warehousing and workshop areas enjoy multiple access points from the two road frontages, the three roller doors ensure this work-space flows exceptionally well. The property is currently certified for container unloading by the Ministry of Primary Industries. Purchase this property either with vacant possession or with a short lease from the current occupant in place. A great opportunity for expanding owner occupiers or savvy investors looking to make a quality addition to their portfolio. If you are an owner occupier looking for your next move, this is a must view for you. Tender closing 1pm, Wed 6 Dec 2017 (unless sold prior), Bayleys, Daily Telegraph Building, 79 Tennyson Street, Napier City.
Listing ID
2850989

Month of sale:
February '18

Property value
$1,750,000

Agent(s):
Daniel Moffitt
Sam MacDonald



Sold
Hawkes Bay, Hastings
210 Queen Street East, Hastings
364m², Affordable office in excellent location, Seven (7) onsite car parks, 364sqm,
Property type: Office
An excellently placed office suite at 210 Queen Street East. This site offers a fantastic office space with a quirky layout that will suit many busine... more detail
Listing ID:
2850956
Sold for:
$468,000

Sold
Hawkes Bay, Hastings
210 Queen Street East, Hastings

364m², Affordable office in excellent location, Seven (7) onsite car parks, 364sqm,
Property type: Office

An excellently placed office suite at 210 Queen Street East. This site offers a fantastic office space with a quirky layout that will suit many business types.The affordable space offers 364sqm approximately with seven car parks at the rear of the site. Successful tenants in the area include Gifford Devine and Development Nous. This end of town has become a desired area of town with development in Karamu Road. Business HQ and national tenant City Fitness setting up just down the road.Take this opportunity now to be well placed in Hastings CBD.For enquiries call Jake Smith now 022 72 2718
Listing ID
2850956

Month of sale:
February '18

Property value
$468,000

Agent(s):
Jake Smith



Sold
Hawkes Bay, Napier City
8/88 Taradale Road, Onekawa

Property type: Office
• Tidy 110sqm shed located in popular complex on Taradale Road • Modern office fit-out with great amenities • Additional loading dock and b... more detail
Listing ID:
2800832
Sold for:
$235,250

Sold
Hawkes Bay, Napier City
8/88 Taradale Road, Onekawa


Property type: Office

• Tidy 110sqm shed located in popular complex on Taradale Road • Modern office fit-out with great amenities • Additional loading dock and bulk mezzanine storage areas • Freehold/Cross lease (one of 10 in the complex) Constructed in the 1990s this smartly presented shed has been an excellent business base for the current owner for over 15 years. A rare opportunity to purchase a property of this type, a must view for any owner occupier in today's market. Further details upon request. Tender (will not be sold prior) Closing 4pm, Thu 7 Dec 2017 at The Daily Telegraph Building, 49 Tennyson St, Napier
Listing ID
2800832

Month of sale:
February '18

Property value
$235,250

Agent(s):
Sam MacDonald



Sold
Hawkes Bay, Napier City
102-106 Taradale Road, Onekawa
1,700m², Provide Excellent Cash Flow, Excellent NBS%, High Visibility on Busy Corner,
Property type: Retail
Located on the busy Taradale Road and Carnegie Road intersection this property sits at thegateway to the Onekawa Industrial Area. With well establishe... more detail
Listing ID:
2800654
Sold for:
$3,150,000

Sold
Hawkes Bay, Napier City
102-106 Taradale Road, Onekawa

1,700m², Provide Excellent Cash Flow, Excellent NBS%, High Visibility on Busy Corner,
Property type: Retail

Located on the busy Taradale Road and Carnegie Road intersection this property sits at thegateway to the Onekawa Industrial Area. With well established tenants, the property is ofmodern construction, has ample onsite car parking and has excellent access around thebuilding. If higher cash flows and yields are a priority for your next commercial investment this property demands your attention. Current Approximate net return $202,800 plus GST, increasing to $208,890 plus GST from January 2018.Favourable ground lease terms with Napier City Council. There is an option to purchase the fee simple in the current Napier City Council ground lease contract.- High profile corner site- Modern building, excellent NBS%- Ample car parking- Well established, nationwide tenants- Total floor area approximately 1,700 sqm- Total land area 4,019 sqm (more or less)Further details available upon request.For Sale by Negotiation.
Listing ID
2800654

Month of sale:
February '18

Property value
$3,150,000

Agent(s):
Gary Wise
Sam MacDonald



Sold
Auckland, Auckland City
106/70 Ponsonby Road, Ponsonby
1 bedroom, 1 bathroom, 1 car park,
Property type: Office
High rolling return from this cute courtyard STUDIO.Found on fashionable Ponsonby Road this contemporary suite with carpark is the perfect little inve... more detail
Listing ID:
1652800
Sold for:
$132,000

Sold
Auckland, Auckland City
106/70 Ponsonby Road, Ponsonby

1 bedroom, 1 bathroom, 1 car park,
Property type: Office

High rolling return from this cute courtyard STUDIO.Found on fashionable Ponsonby Road this contemporary suite with carpark is the perfect little investment.Freehold with a westerly outlook and all management taken care of by the Quest Hotel.Superb hands-free investing, extremely popular with those seeking a stress-less asset.Iconic Ponsonby Road's a location that just keeps getting better. Ever increasing in profile with high end developments, retail and entertainment venues in the works. Not to mention Western Park across the road for your outdoor pursuits. The secure carpark is a must have in ever popular Ponsonby.Secure your position now - smart capital gain opportunity and affordable option to buy in one of Auckland's most sought-after suburbs.
Listing ID
1652800

Month of sale:
February '18

Property value
$132,000

Agent(s):
Dave Hamlyn
Wendy Nichols



Sold
Taranaki, New Plymouth
690-694 Devon Road, New Plymouth
9266sqm industrial site with substantial warehouse
Property type: Warehouse/Industrial
*Tender Closing 4pm 26 October 2016 (unless sold prior)Bayleys Taranaki, 81 Powderham Street, New Plymouth, Taranaki - Large 9,266sqm freehold site pr... more detail
Listing ID:
1684049
Sold for:
$2.3m

Sold
Taranaki, New Plymouth
690-694 Devon Road, New Plymouth

9266sqm industrial site with substantial warehouse
Property type: Warehouse/Industrial

*Tender Closing 4pm 26 October 2016 (unless sold prior)Bayleys Taranaki, 81 Powderham Street, New Plymouth, Taranaki - Large 9,266sqm freehold site providing a rare offering in this location- Excellent exposure to Devon Road (SH3), a significant arterial in this region - Existing Commercial warehouse on large flat site, with substantial yard area- Favourable industrial C zoning provides options for purchasers Bayleys are proud to offer 690-694 Devon Road New Plymouth for sale by tender , a property which offers a substantial land area of approximately 9,266sqm with excellent road exposure to Devon Road (State Highway 3) and a substantial existing warehouse.Located in close proximity to New Plymouths bulk retail and light industrial precincts, including the Valley Shopping Centre which is home to number of entities including Mitre 10 Mega, Noel Leeming, Countdown ,Rebel Sports, Briscoes etc, this property presents a rare opportunity in this strong provincial location The buildings are comprised of a modern high stud warehouse alongside an older medium stud warehouse with offices and amenities, offering a total floor area of approximately 2,026sqm, including of warehouse There is an extensive car park and yard area to the west towards Stub Road, which provides access to the siteThe property will provide multiple options including refurbishment or remodeling to a variety of potential purchasers including developers or owner occupiers and will be sold vacant possession upon settlement , however the opportunity may exist for interested purchasers to enter into enter into separate discussions with potential tenants. All inspections are strictly by appointment with the sole appointed agents , and a comprehensive information memorandum will be available upon request. Sole Agents: Mike Adams+64 21 977 527mike.adams@bayleys.co.nzAlan Johnston+64 27 290 0762alan.johnston@bayleys.co.nzIain Taylor+64 21 473 253iain.taylor@bayleys.co.nz
Listing ID
1684049

Month of sale:
February '18

Property value
$2.3m

Agent(s):
Iain Taylor
Mike Adams



Sold
Auckland, Auckland City
All Units/128 Broadway, Newmarket.
Six office building with three retail tenants on ground floor plus 30 car parks
Property type: Office
- Prominent high profile building in one of Auckland's most desirable and central thoroughfares- Three retail tenancies and five office floors- 100% N... more detail
Listing ID:
1683224
Sold for:
$8,300,000

Sold
Auckland, Auckland City
All Units/128 Broadway, Newmarket.

Six office building with three retail tenants on ground floor plus 30 car parks
Property type: Office

- Prominent high profile building in one of Auckland's most desirable and central thoroughfares- Three retail tenancies and five office floors- 100% NBS seismic rating- 30 secure car parks- Potential add valueSeldom available opportunity for an investor to acquire a retail and office asset in the tightly held Broadway precinct.Newmarket urban renewal is gathering pace with several major projects completed in recent years and more underway or planned. These include the redevelopment of Teed Street precinct, the University of Auckland campus development on the former Lion Brewery site, proposed Westfield Mall expansion and Manson's brand new 13,000 sqm office building due for completion December 2018.
Listing ID
1683224

Month of sale:
February '18

Property value
$8,300,000

Agent(s):
Owen Ding
Andre Siegert
James Chan



Sold
Auckland, Auckland City
2-4 York Street, Newmarket
250 freehold parking spaces offered in five X 50 space lots
Property type: Other
- 250 freehold car parks on individual titles in central Newmarket- Five blocks of 50 car parks are on offer - buy one or all- Unique hands off invest... more detail
Listing ID:
1684295
Sold for:
$16.39m.
Yield:
5.1%

Sold
Auckland, Auckland City
2-4 York Street, Newmarket

250 freehold parking spaces offered in five X 50 space lots
Property type: Other

- 250 freehold car parks on individual titles in central Newmarket- Five blocks of 50 car parks are on offer - buy one or all- Unique hands off investments underpinned by attractive long term leases- Approximate cash flows of $165,000 + GST p.a. (net) per blockThis offering will have appeal to medium sized investors and family trusts. All five blocks are leased to Wilson Parking until 2029 with annual net rental income from each of the blocks ranging from $163,549 to $178,889 plus GST, with annual increases of two percent per annum from 2020. Wilson Parking also holds the building management agreement for the common areas of the property, with management obligations including keeping the premises clean and secure and meeting health and safety requirements. They are the ultimate passive investment. Two of the five blocks provide opportunities for purchasers to utilise up to 10 car parks for their own use. In addition, because all of the 250 car parks are on their own titles, there would also be flexibility to sell off one of more carparks individually at any stage in the future to release some capital.The building was completed in 2000 and has a favourable seismic assessment of 90% of New Building Standard. It is one of Newmarket's most centrally located carparking facilities, positioned just off Broadway, and represents an exceptional opportunity to purchase a straight forward investment underpinned by a solid income stream in one of Auckland's most vibrant commercial and residential precincts. The facility is centred amongst many major office, retail and residential developments and the nearby Auckland University Campus on Khyber Pass. The growing resident and office worker population and expansive new retail and office developments will continue to drive the demand for parking in Newmarket. The new Auckland Unitary Plan seeks to reduce the development of off-street carparking. This, in combination with Newmarket's continued growth, are likely to put pressure on the existing supply of carparks.
Listing ID
1684295

Month of sale:
February '18

Property value
$16.39m.

Yield
5.1%

Agent(s):
Cameron Melhuish
Alan Haydock



Sold
Auckland, Auckland City
12-16 Auburn Street, Grafton
762m² warehouse/office with 15 car parks,
Property type: Warehouse/Industrial
- Freehold standalone investment property with new eight year lease- Returning $170,000 + GST p.a. with fixed rental growth of 2% per annum- Warehouse... more detail
Listing ID:
1684333
Sold for:
$3.5m.
Yield:
4.86%.

Sold
Auckland, Auckland City
12-16 Auburn Street, Grafton

762m² warehouse/office with 15 car parks,
Property type: Warehouse/Industrial

- Freehold standalone investment property with new eight year lease- Returning $170,000 + GST p.a. with fixed rental growth of 2% per annum- Warehouse/office building of 761.6sqm + 15 car parks (IEP: 87% NBS)- 749sqm Mixed Use site in Grammar Zone with future development potential- Highly strategic city fringe location, close to CBD, Newmarket and motorwaysThis City Fringe gem provides an opportunity to secure a bottom drawer passive investment, underpinned by a strategic Mixed Use zoned landholding positioned in Auckland Grammar School zone. The established tenant has taken a new eight year lease, offering a secure cash flow with fixed annual rental increases.The combination warehouse / office building benefits from an 87% NBS rating and offers a flexible configuration which can be further optimised in the future to increase the floor area, convert to residential or further develop the site. The property is located in a sought after area which is undergoing considerable development both commercially and residentially.This is the one you have been waiting for, a genuine city fringe gem with a long lease and underpinned by Mixed Use land - Do not miss this one!
Listing ID
1684333

Month of sale:
February '18

Property value
$3.5m.

Yield
4.86%.

Agent(s):
Phil Haydock
Alan Haydock



Sold
Auckland, Auckland City
9 City Road and 11 Liverpool Street, Auckland Central
Six level office building with basement car park plus another 58 parking spaces in a neighbouring building.
Property type: Office
- Freehold standalone investment property with add-value potential- Leased to multiple established tenants returning $800,000 + GST p.a. (approx.) wit... more detail
Listing ID:
1683323
Sold for:
$12m.
Yield:
6.6%

Sold
Auckland, Auckland City
9 City Road and 11 Liverpool Street, Auckland Central

Six level office building with basement car park plus another 58 parking spaces in a neighbouring building.
Property type: Office

- Freehold standalone investment property with add-value potential- Leased to multiple established tenants returning $800,000 + GST p.a. (approx.) with WALT of 5.5 years (approx) - 1980s construction with 'A' grade seismic rating- Six level building with basement car park, plus 58 car parks in neighbouring building- Must view for all long term and add-value investorsThis fee simple, modern commercial investment building must be considered for all investors looking for a split risk cash flow in a strategic location with upside. In addition to providing an attractive cash flow of approximately $800,000 + GST p.a. (notional fully leased rental of $875,000 + GST p.a.) the property benefits from an additional 58 car parks in the neighbouring 11 Liverpool Street on 56 individual titles.The property occupies an enviable central city position on the corner of City Road and Liverpool Street, just metres from Symonds Street and motorway on ramps, along with being handily located to Auckland's education precinct.Consideration should also be given to the future add-value opportunities which this building provides. Opportunities include addition of further floor area, residential conversion or sell down of neighbouring car parks. Call now for further information.
Listing ID
1683323

Month of sale:
February '18

Property value
$12m.

Yield
6.6%

Agent(s):
Alan Haydock
Damien Bullick



Sold
Auckland, Auckland City
151 Victoria Street, Auckland Central
Five level office building
Property type: Office
- Kiwi Bank House is a fully tenanted 5-level office tower in a fantastic CBD location- Currently tenanted with a 9 year lease to New Zealand Post Lim... more detail
Listing ID:
1684211
Sold for:
$30m.
Yield:
5.93%

Sold
Auckland, Auckland City
151 Victoria Street, Auckland Central

Five level office building
Property type: Office

- Kiwi Bank House is a fully tenanted 5-level office tower in a fantastic CBD location- Currently tenanted with a 9 year lease to New Zealand Post Limited- Surrounded by major national & international occupiers- The property occupies a corner site with road frontage on both Victoria Street West and Harding STREET- Future add value potential through retail and commercial redevelopment and rental growth.
Listing ID
1684211

Month of sale:
February '18

Property value
$30m.

Yield
5.93%

Agent(s):
James Chan
Beterly Pan



Sold
Auckland, Auckland City
136-142 Fanshawe Street, Auckland Central
Mortgagee tendder: 5210sqm development site sold to Mansons TCLM
Property type: Vacant land/Development site
Tender brought forward - closing 4pm, Wednesday 18 October 2017- 5,210 sqm (more or less) fee simple development site- Strategic central city location... more detail
Listing ID:
1684131
Sold for:
$30,739,000

Sold
Auckland, Auckland City
136-142 Fanshawe Street, Auckland Central

Mortgagee tendder: 5210sqm development site sold to Mansons TCLM
Property type: Vacant land/Development site

Tender brought forward - closing 4pm, Wednesday 18 October 2017- 5,210 sqm (more or less) fee simple development site- Strategic central city location; opposite the Viaduct and Victoria Park- North facing aspect with potential CBD, water and park views- Resource consent in place for a 3 stage residential apartment development- Favourable intensive zoning (Business - City Centre) A rare opportunity to purchase a large central city Development site in one of the most popular residential and commercial precincts in Auckland. This high profile site benefits from a North facing aspect and a wide frontage to Fanshawe Street, and once developed will offer views of the CBD, water and Victoria Park.A resource consent is currently in place for a residential apartment development, which includes 257 car parks (further details available upon request). Either take advantage of the existing resource consent or tailor this flexible site to your development requirements. Pure development sites of this size and quality seldom become available to the market - Don't miss this one.
Listing ID
1684131

Month of sale:
February '18

Property value
$30,739,000

Agent(s):
Alan Haydock
Damien Bullick



Sold
Auckland, Manukau City
15 Lambie Drive, Papatoetoe
2511sqm two level office block on 7068sqm site.
Property type: Office
Situated in Manukau’s commercial precinct, Lambie Drive is one of the main arterial roads stretching from Puhinui Road through to Wiri Station R... more detail
Listing ID:
147570
Sold for:
$10,700,000

Sold
Auckland, Manukau City
15 Lambie Drive, Papatoetoe

2511sqm two level office block on 7068sqm site.
Property type: Office

Situated in Manukau’s commercial precinct, Lambie Drive is one of the main arterial roads stretching from Puhinui Road through to Wiri Station Road. The area is well serviced with a number of amenities nearby, such as Manukau City Centre. Enjoy easy access to the motorway network with both State Highways 1 and 20 within close proximity. The building itself is situated to the centre of the freehold site with the perimeter allowing for plenty of car parking and manouvering areas. The property comprises a well presented modern two story office block that has undergone significant tenant improvements. With the next lease renewal due in February 2024, the internationally recognized tenant currently returns $737,767 net per annum with rent reviews fixed at 3%. Passive and add value investors will be attracted to the extremely strong tenant covenant and long lease term whilst recognising the future potential of the large strategic land holding in the heart of Manukau.
Listing ID
147570

Month of sale:
January '18

Property value
$10,700,000

Agent(s):
Brad Johnston
Matthew Barnes
Paul Jarvie
Gareth Fraser



Sold
Waikato, Hamilton City
46 Church Road, Pukete, Hamilton
13 car parks, 467m², two levels of quality commercial space, fully landscaped with excellent views, high growth location,
Property type: Office
For sale by way of Deadline Private Treaty closing 4pm Thursday 19 October 2017 (unless sold prior).Here's an excellent opportunity to secure a modern... more detail
Listing ID:
813332
Sold for:
$1.76m
Yield:
5.89%

Sold
Waikato, Hamilton City
46 Church Road, Pukete, Hamilton

13 car parks, 467m², two levels of quality commercial space, fully landscaped with excellent views, high growth location,
Property type: Office

For sale by way of Deadline Private Treaty closing 4pm Thursday 19 October 2017 (unless sold prior).Here's an excellent opportunity to secure a modern building on a freehold site strategically located within a high growth location. The building comprises two levels of office space with attached garaging and mezzanine storage. In addition there is 13 onsite car parks providing convenient vehicle access for staff and clients. Currently leased to UBT Accountants New Zealand Ltd, experienced commercial accountants and business advisors, returning $103,600 per annum. The building provides an excellent mix of a reception, open plan and separate offices space, meeting rooms and very well appointed amenities. The occupants enjoy fantastic views overlooking the established and modern commercial precinct of Te Rapa and beyond.The supply of Commercial Fringe zoned land is extremely limited and this property is poised firmly within this zone providing excellent opportunities for growth and long term security of income. Buyer interested will be high and your early registration of interest is recommended. A full information memorandum is available upon request.For sale by way of Deadline Private Treaty closing 4pm Thursday 19 October 2017 (unless sold prior).
Listing ID
813332

Month of sale:
December '17

Property value
$1.76m

Yield
5.89%

Agent(s):
Blair Hutcheson



Sold
Bay of Plenty, Whakatane
EastBay Secure Storage, 17 Gateway West, Whakatane

Property type: Warehouse/Industrial
- Freehold going concern storage facility- Modern multi tenanted 106 unit complex- Low maintenance tilt slab / Colorsteel Buildings- High occupancy ... more detail
Listing ID:
2302557
Sold for:
$1,500,000

Sold
Bay of Plenty, Whakatane
EastBay Secure Storage, 17 Gateway West, Whakatane


Property type: Warehouse/Industrial

- Freehold going concern storage facility- Modern multi tenanted 106 unit complex- Low maintenance tilt slab / Colorsteel Buildings- High occupancy with continuous cash flow- Realistic rentals with future growth potential- Impressive annual net surplus profit- Suit owner operator or investorEastBay Secure Storage is a freehold going concern that offers an excellent opportunity to purchase a low risk business generating continuous cash flow and strong returns from the current high occupancy levels. The business requires minimal management and can be run on a part time basis generally by one person.This purpose built storage complex comprises 106 units which are spread over three buildings that includes eight different unit sizes ranging from lockers to large single garage sizes which provide numerous rental options. The buildings are well presented and have been constructed of low maintenance materials. The complex also includes an onsite office and toilet facility.Positioned in the popular gateway industrial precinct adjacent to SH30 at the western entrance to town, this is one of Whakatane's premium storage facilities that is sure to be sought after so early registration of interest is recommended.
Listing ID
2302557

Month of sale:
December '17

Property value
$1,500,000

Agent(s):
Brendon Bradley
Lynn Bradley



Sold
Manawatu / Wanganui, Palmerston North City
18-34 Setters Lines, Palmerston North
2.306ha industrial development site
Property type: Vacant land/Development site
Prime land for sale in an outstanding industrial location opposite the Airport and the Manawatu Industrial Park.... more detail
Listing ID:
60113
Sold for:
$2,652,360

Sold
Manawatu / Wanganui, Palmerston North City
18-34 Setters Lines, Palmerston North

2.306ha industrial development site
Property type: Vacant land/Development site

Prime land for sale in an outstanding industrial location opposite the Airport and the Manawatu Industrial Park.
Listing ID
60113

Month of sale:
December '17

Property value
$2,652,360

Agent(s):
Grant Lloyd
Phil Nevill



Sold
Waikato, Waipa
20 Lake Street, Cambridge
Ground floor showroom with mezzanine office
Property type: Retail
Auction 11am, Thursday 30 November at Bayleys, 96 Ulster Street, Hamilton (unless sold prior).Here's a prime opportunity to secure this freehold inves... more detail
Listing ID:
813563
Sold for:
$905,000
Yield:
5.3%

Sold
Waikato, Waipa
20 Lake Street, Cambridge

Ground floor showroom with mezzanine office
Property type: Retail

Auction 11am, Thursday 30 November at Bayleys, 96 Ulster Street, Hamilton (unless sold prior).Here's a prime opportunity to secure this freehold investment in the heart of Cambridge. A well presented property providing an excellent mix of ground showroom area with mezzanine offices, lunchroom and rear access.The lease commenced in 2016 with extensive fit out works conducted by the landlord including new lighting to the showroom area, auto door and air conditioning. You'll enjoy the benefit of a quality tenant located within a very high growth location. An affordable investment opportunity for your first commercial investment or to add to your existing portfolio.
Listing ID
813563

Month of sale:
December '17

Property value
$905,000

Yield
5.3%

Agent(s):
Blair Hutcheson



Sold
Bay of Plenty, Rotorua
15 Sunset Road, Mangakakahi, Rotorua
874sqm light industrial building on 1012sqm site.
Property type: Warehouse/Industrial
- Ten year lease to long established commercial cleaning / dry-cleaning company- Rights of renewal out to 2031- High profile site with multiple end... more detail
Listing ID:
2302219
Sold for:
$1.16m
Yield:
6.81%

Sold
Bay of Plenty, Rotorua
15 Sunset Road, Mangakakahi, Rotorua

874sqm light industrial building on 1012sqm site.
Property type: Warehouse/Industrial

- Ten year lease to long established commercial cleaning / dry-cleaning company- Rights of renewal out to 2031- High profile site with multiple end uses- Current tenant has invested heavily in the premises- Sought after building to yard space ratioThis property, located in close proximity to the main northern arterial route in Rotorua's industrial area provides security of $79,000 +gst income per annum for a further five years. Current tenant Apparel Masters / Rotorua Drycleaners operate an efficient and high tech commercial cleaning business alongside dry cleaning and self-service laundromat, and have invested heavily in fitting the premise out to their needs. Freehold Industrial 1 zoned land area of 1,012sqm with a net lettable area of 875sqm comprising a mix of warehouse, office and mezzanine, gives tenants ample yard and parking space of 425sqm which is always hard to come by and in great demand. Pay attention to this rare hands-off investment opportunity in a growth location.
Listing ID
2302219

Month of sale:
December '17

Property value
$1.16m

Yield
6.81%

Agent(s):
Mark Slade
Brei Gudsell



Sold
Waikato, Thames-Coromandel
48 Belmont Road, Paeroa
Retail premises in the heart of 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
Yield:
8.73%

Sold
Waikato, Thames-Coromandel
48 Belmont Road, Paeroa

Retail premises in the heart of 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:
December '17

Property value
$206,000

Yield
8.73%

Agent(s):
Josh Smith



Sold
Waikato, Hamilton City
85 Tristram Street, Hamilton Central, Hamilton

Property type: Warehouse/Industrial
Auction 12pm, Friday 15 December at Bayleys, 96 Ulster Street, Hamilton (unless sold prior)- Invest and add value - 131sqm showroom/retail with 88sqm ... more detail
Listing ID:
813671
Sold for:
$785,000

Sold
Waikato, Hamilton City
85 Tristram Street, Hamilton Central, Hamilton


Property type: Warehouse/Industrial

Auction 12pm, Friday 15 December at Bayleys, 96 Ulster Street, Hamilton (unless sold prior)- Invest and add value - 131sqm showroom/retail with 88sqm warehouse with six on-site car parks- Stratum in freeholdLocation ticks all the boxes on this property situated in a prominent location on Tristram Street in Hamilton. The property is well presented having a high profile site on a main arterial traffic route with good volumes of daily traffic.Sharp have been in this location for some ten years, and have decided to move on, leaving this sought after location available and ready.Grouped in this important area are AON NZ, Ashwood Manor, Lightning Direct and Heathcotes Appliances. The property provides an excellent opportunity for investors to add value.
Listing ID
813671

Month of sale:
December '17

Property value
$785,000

Agent(s):
Mike Swanson
Alex Ten Hove



Sold
Waikato, South Waikato
84-86 Tirau Street, Putaruru

Property type: Retail
AUCTION BROUGHT FORWARDAuction 11am, Thursday 7 December at Bayleys, 96 Ulster Street, Hamilton (unless sold prior)Here is an opportunity to secure yo... more detail
Listing ID:
813681
Sold for:
$618,000

Sold
Waikato, South Waikato
84-86 Tirau Street, Putaruru


Property type: Retail

AUCTION BROUGHT FORWARDAuction 11am, Thursday 7 December at Bayleys, 96 Ulster Street, Hamilton (unless sold prior)Here is an opportunity to secure yourself a multi-tenanted freehold commercial investment with a residential flat and garage. Situated on a high profile location on State Highway 1 within the township of Putaruru at 84 - 86 Tirau Street. The property comprises of three retail spaces, one residential flat and a garage. Currently leased to Ma Bakers, and two retailers; Frock Work Orange and Putaruru Variety store. The flat is also leased to the operators of the Bakery. Two of these businesses have been in occupation close to 18 years. - Fully tenanted returning $49,289.44pa net + GST - Established anchor tenant with long lease in place- 529sqm of building (more or less)- 1,360sqm of land (more or less)- Excellent location directly neighbouring Countdown, Bridgestone Tyres, PGG Wrightson, AON and Z service station. An affordable investment opportunity for your first commercial investment or to add to your existing portfolio.
Listing ID
813681

Month of sale:
December '17

Property value
$618,000

Agent(s):
Jason Kong



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