Commercial Property Sales

Commercial Property Sales

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

This search yielded 1045 results. All prices are exclusive of GST(if any).
Auckland, Manukau City
7/142 Stancombe Road, Flat Bush
Property details: 88sqm retail unit
Property type: Retail
• Tenanted to a Chinese Takeaway and Fish and Chip Shop• Returning $44,165pa plus GST and outgoings• One of ten brand new retail units on busy Stancombe RoadSituated at 142 Stancombe Road and pa...more detail
Month of sale: January '21

Listing ID: 1902433
Sold for: $802,500
Yield: 5.5%

Auckland, Manukau City

7/142 Stancombe Road, Flat Bush

Property details: 88sqm retail unit

Property type: Retail

• Tenanted to a Chinese Takeaway and Fish and Chip Shop• Returning $44,165pa plus GST and outgoings• One of ten brand new retail units on busy Stancombe RoadSituated at 142 Stancombe Road and part of a new retail development, Unit 7 features 88.33sqm (more or less), ample car parking with dual access points and excellent exposure to the busy intersection.The lease is returning $44,165pa plus GST and outgoings, has built-in rental growth, personal guarantee and rights of renewal through to 2044. The development is surrounded by highly intensive residential developments and there are two schools nearby.Contact the Sole Agents for further informationAmy Weng021 177 3422amy.weng@bayleys.co.nzGeoff Wyatt021 982 322geoff.wyatt@bayleys.co.nzTony Chaudhary021 177 3422tony.chaudhary@bayleys.co.nz

Auckland, Manukau City
4/142 Stancombe Road, Flat Bush
Property details: 89sqm retail unit
Property type: Retail
Six year lease to Hell Pizza returning $35,692pa plus GST and outgoings • One of ten units in a brand new retail development• Growth location with new residential developments, schools and transp...more detail
Month of sale: January '21

Listing ID: 1902432
Sold for: $802,500
Yield: 5.5%

Auckland, Manukau City

4/142 Stancombe Road, Flat Bush

Property details: 89sqm retail unit

Property type: Retail

Six year lease to Hell Pizza returning $35,692pa plus GST and outgoings • One of ten units in a brand new retail development• Growth location with new residential developments, schools and transport networks nearbyTenanted by Hell Pizza on a new six year lease returning $35,692pa plus GST and outgoings with a six month bank guarantee and rights of renewal through to 2035. This tenanted investment comes with built-in rental growth and the benefit of a strong supporting residential catchment. With developments underway in nearby Ormiston Town Centre, this property is in a prime location to take advantage of increased traffic flow, multiple access points and plenty of carparking. For further information, contact the Sole Agents todayAmy Weng 021 177 3422amy.weng@bayleys.co.nzGeoff Wyatt021 982 322geoff.wyatt@bayleys.co.nzTony Chaudhary021 995 121tony.chaudhary@bayleys.co.nz

Auckland, Manukau City
3/142 Stancombe Road, Flat Bush
Property details: 90sqm retail unit
Property type: Retail
• Growth location with new residential developments, schools and transport networks nearby• Returning $46,144 plus GST and outgoings with built-in rental growth• Dual access points with excellen...more detail
Month of sale: January '21

Listing ID: 1902431
Sold for: $850,000
Yield: 5.43%

Auckland, Manukau City

3/142 Stancombe Road, Flat Bush

Property details: 90sqm retail unit

Property type: Retail

• Growth location with new residential developments, schools and transport networks nearby• Returning $46,144 plus GST and outgoings with built-in rental growth• Dual access points with excellent exposure and ample car parkingOne of six tenanted investments on offer in the new retail development at 142 Stancombe Road, Unit 3 is occupied by Hair Connection hair salon on a five year lease. Currently returning $46,144pa plus GST and outgoings with a personal guarantee in place, the lease also encompasses rights of renewal until 2031. Benefitting from the significant growth of surrounding residential suburbs of Mission Heights, Flat Bush and Ormiston, the property is well positioned to take advantage of the high traffic flow and lack of competition in the area.Contact the Sole Agents for further detailsAmy Weng021 177 3422amy.weng@bayleys.co.nzGeoff Wyatt021 982 322geoff.wyatt@bayleys.co.nzTony Chaudhary021 995 121tony.chaudhary@bayleys.co.nz

Auckland, Manukau City
2/142 Stancombe Road, Flat Bush
Property details: 89sqm retail unit
Property type: Retail
• Offers invited over $800,000 plus GST• One of ten brand new units in a recently completed retail complex in Flat Bush• Long term lease with rights of renewal until 2033• Returning $44,585 pl...more detail
Month of sale: January '21

Listing ID: 1902430
Sold for: $810,000
Yield: 5.5%

Auckland, Manukau City

2/142 Stancombe Road, Flat Bush

Property details: 89sqm retail unit

Property type: Retail

• Offers invited over $800,000 plus GST• One of ten brand new units in a recently completed retail complex in Flat Bush• Long term lease with rights of renewal until 2033• Returning $44,585 plus GST and outgoings and built in rental growthSurrounded by a growing residential catchment and located on busy Stancombe Road, Unit 2, 142 Stancombe Road is tenanted to a Bubble Tea Store on a new five year lease with two further rights of renewal of four years each. The development has excellent car parking, dual access from both Murphy's and Jeffs Roads and is surrounded by recently constructed residential housing and schools in close proximity.Contact the Sole Agents for further details Amy Weng021 177 3422amy.weng@bayleys.co.nzGeoff Wyatt021 982 322geoff.wyatt@bayleys.co.nzTony Chaudhary021 995 121tony.chaudhary@bayleys.co.nz

Auckland, Manukau City
1/142 Stancombe Road, Flat Bush
Property details: 88sqm retail unit
Property type: Retail
• Offers invited over $800,000 plus GST• Brand new tenanted investment in new retail complex• Returning $44,220pa plus GST and outgoings with built-in rental growth• High growth location with ...more detail
Month of sale: January '21

Listing ID: 1902429
Sold for: $808,000
Yield: 5.47%

Auckland, Manukau City

1/142 Stancombe Road, Flat Bush

Property details: 88sqm retail unit

Property type: Retail

• Offers invited over $800,000 plus GST• Brand new tenanted investment in new retail complex• Returning $44,220pa plus GST and outgoings with built-in rental growth• High growth location with new residential developments, schools and transport networks nearbyLocated in the brand new development at 142 Stancombe Road, this 88.44sqm (more or less) unit is occupied by a Chinese Restaurant and Takeaway business. Currently returning $44,240pa plus GST and outgoings, the tenant has one right of renewal until 2032. One of ten units (one of six tenanted) in the complex, Unit 1 benefits from excellent exposure to passing traffic, plenty of common car parking and a growing residential population to service. For further information please contact the Sole Agents todayAmy Weng021 177 3422amy.weng@bayleys.co.nzGeoff Wyatt021 982 322geoff.wyatt@bayleys.co.nzTony Chaudhary021 177 3422tony.chaudhary@bayleys.co.nz

Auckland, Auckland City
34 Elizabeth Knox Place, St Johns
Property details: 290sqm industrial unit
Property type: Warehouse/Industrial
•Refurbished 290sqm industrial unit•Well located on Elizabeth Knox Place, a sought after and tightly held area•Perfect for purchasers looking for extra warehousing, vehicle storage or a space fo...more detail
Month of sale: January '21

Listing ID: 1902649
Sold for: $1,200,000

Auckland, Auckland City

34 Elizabeth Knox Place, St Johns

Property details: 290sqm industrial unit

Property type: Warehouse/Industrial

•Refurbished 290sqm industrial unit•Well located on Elizabeth Knox Place, a sought after and tightly held area•Perfect for purchasers looking for extra warehousing, vehicle storage or a space for their business•Affordable price bracketLocated in a very tightly held industrial area, this modern bite sized unit will be highly sought after.The property comprises a total floor area of 290sqm which is made up of tidy offices, amenities and clear span warehouse. The layout is extremely functional with access provided through a full height roller door and pedestrian door. The premises has the bonus of a paint spray booth positioned in the warehouse.This is an opportunity not to be missed.Call the sole marketing agents today for further information or to view the property:Greg Hall021 023 21884greg.hall@bayleys.co.nzWilliam Gubb021 145 6811william.gubb@bayleys.co.nz

Auckland, Auckland City
10/13 Coles Avenue, Mt Eden
Property details: 229sqm character office.
Property type: Office
- 229sqm well appointed freehold unit- 2 onsite car parks (more available for lease)- Strategic location moments from the Mt Eden Village and CBD- Owner occupiers, investors and tenants - this should ...more detail
Month of sale: January '21

Listing ID: 1690845
Sold for: $1,325,000

Auckland, Auckland City

10/13 Coles Avenue, Mt Eden

Property details: 229sqm character office.

Property type: Office

- 229sqm well appointed freehold unit- 2 onsite car parks (more available for lease)- Strategic location moments from the Mt Eden Village and CBD- Owner occupiers, investors and tenants - this should not be missed!Located in the tightly held and highly sought after Steel Works development this freehold unit presents a rare opportunity for owner occupiers, investors and tenants.Comprising 229sqm its aesthetics combine a high stud, polished floors and exposed brick to create an impressive mix of character and contemporary style space. The ground floor consists of open plan office, a full size kitchen and bathroom/shower facilities. The upstairs mezzanine is perfect as a boardroom or live/work configuration, subject to regulatory consent.Moments from the CBD and within walking distance of the cafes and bars in the Mount Eden Village. This is a must see!

Auckland, North Shore City
213/64 Te Oneroa Way, Long Bay
Property details: 81sqm of new retail/office space
Property type: Retail
• 81sqm internal area with 54sqm deck (approximately)• Ten (10) on-site car parks• Commanding corner presence• Rare opportunity to purchase or lease in Long Bay• Close proximity to Long Bay ...more detail
Month of sale: January '21

Listing ID: 1503448
Sold for: $700,000

Auckland, North Shore City

213/64 Te Oneroa Way, Long Bay

Property details: 81sqm of new retail/office space

Property type: Retail

• 81sqm internal area with 54sqm deck (approximately)• Ten (10) on-site car parks• Commanding corner presence• Rare opportunity to purchase or lease in Long Bay• Close proximity to Long Bay Village developmentCalling all owner-occupiers and discerning investors or tenants!The subject unit consists of a generously proportioned commercial unit, impeccably positioned within a unit development including 38 luxury apartments and just one commercial unit. The unit is a blank canvas with a lavish stud height, stunning stepped deck area with a glass balustrade and commanding elevation and profile from the roadside.Long Bay has emerged as the North Shore's pre-eminent locale, with the Beach and Cavalli development being the pick of all this meticulously planned subdivision. Located on a 'beacon' site this is positioned at one of the highest points in this milieu.Swift action is required - call now!

Auckland, Rodney
13-20/2181 East Coast Road, Silverdale
Property details: 171sqm unit in new office/retail development
Property type: Retail
Development is underway for stage two within Vantage Point for you to purchase or lease brand new commercial units.Vantage Point is a mixed use five stage development by Urban Village Property and con...more detail
Month of sale: January '21

Listing ID: 1502597
Sold for: $800,000

Auckland, Rodney

13-20/2181 East Coast Road, Silverdale

Property details: 171sqm unit in new office/retail development

Property type: Retail

Development is underway for stage two within Vantage Point for you to purchase or lease brand new commercial units.Vantage Point is a mixed use five stage development by Urban Village Property and consists of a combination of trade sales units and commercial units. Exceptional architectural design is a stand out feature of this development. This clever design provides owners and tenants with multi-use options, with on-site landscaping and attractive amenity areas provide enjoyment for occupants and visitors. On offer are eight commercial units ranging from 154sqm - 171sqm (approx) that have been strategically situated at the entrance of Vantage Point, enjoying great exposure to East Coast Road. Prices start from $750,000 plus G.S.TNeighbouring tenants include The Tool Shed, Mike Greer Homes, Coast Pet Care, Coastscapes Landscaping, Dae Han TaeKwonDo. Also, opposite to the property is a 26Ha (approximately) residential development currently undergoing ground work and is expected to produce over 700 sections. Available: - Sizes ranging from 154sqm - 174sqm (approx) - Prices starting from $750,000 - Ample car parks - Large road exposure - Perpetual growing SilverdaleCompletion is envisaged to be September 2019. For a full information pack please get in contact with one of the agents.

Auckland, Rodney
31A Matakana Valley Road, Matakana
Property details: 1001sqm development site
Property type: Vacant land/Development site
• 1,001sqm (more or less) of commercial zoned development land • Prime road front location on Matakana Valley Rd • Currently returning a nominal holding income of $23,400 + GST p.a. 31A...more detail
Month of sale: January '21

Listing ID: 1270211
Sold for: $1,230,000

Auckland, Rodney

31A Matakana Valley Road, Matakana

Property details: 1001sqm development site

Property type: Vacant land/Development site

• 1,001sqm (more or less) of commercial zoned development land • Prime road front location on Matakana Valley Rd • Currently returning a nominal holding income of $23,400 + GST p.a. 31A Matakana Valley Road is an excellent entry opportunity into the tightly held Matakana commercial market. The property is one of the last vacant and scarce commercially zoned sites in the area. The site fronts Matakana Valley Road and is less than 100m from the Matakana Markets and Cinema. Currently returning a holding income of $23,400 p.a. from two tenants operating from containers on-site. Matakana is a popular North-Auckland township and a well-known tourist location, housing a range of boutique retail, food and beverage, and artisan businesses. The area benefits from on-going infrastructure investment such as the Matakana Link Road and the Puhoi-to-Warkworth motorway extension. Matakana is included in the wider Warkworth area which has been identified as a main Auckland growth node. The Business / Local Centre zone allows for a dynamic range of uses ranging from retail to services or childcare. Property Details: Land area 1,001sqm (approximately) Zoning Business - Local Centre Tenancy details: Returning $23,400 + GST p.a. Full tenancy details upon request.

Bay of Plenty, Whakatane
202 The Strand, Whakatane
Property details: 573sqm floor area, 358sqm land area
Property type: Retail
- Impressive commercial office complex- Multi tenanted / secure split risk asset- Anchor national tenant ASB Bank- B Grade / 67% NBS Seismic Rating- High profile landmark CBD corner site- Leasehold la...more detail
Month of sale: December '20

Listing ID: 2571919
Sold for: $1,550,000

Bay of Plenty, Whakatane

202 The Strand, Whakatane

Property details: 573sqm floor area, 358sqm land area

Property type: Retail

- Impressive commercial office complex- Multi tenanted / secure split risk asset- Anchor national tenant ASB Bank- B Grade / 67% NBS Seismic Rating- High profile landmark CBD corner site- Leasehold land with perpetual renewals- Current annual net rental $133,000 + GST (circa)Location is the key to this strategic commercial leasehold site which occupies a premium position on The Strand in the heart of the Whakatane CBD and provides a superb opportunity to secure an excellent provincial income earner.The property is fully leased with a strong mix of six national and local tenants on various lease terms that includes ASB Bank and Bayleys Real Estate and is returning very attractive annual cash flow. This 573sqm two level commercial building has a B Grade Seismic Rating and is extremely well presented. The land is leased from the Whakatane District Council for a term of 14 years with perpetual rights of renewal of 14 years each.The property has been in the same family ownership for the past 65 years providing a solid passive investment that has become a landmark property in downtown Whakatane with ASB currently having exclusive naming rights.Commercial opportunities of this calibre are scarce in the Whakatane market and this must command serious attention from astute investors looking to add a trophy property to their portfolio with the bonus of a generous leasehold yield!

Auckland, Manukau City
210 Great South Road, Manurewa
Property details: 310sqm medical centre on 400sqm site.
Property type: Childcare/Medical facility
Deadline Private Treaty brought forward to 12pm Monday 12th October 2020 • New five year lease returning $69,419pa plus GST and outgoings • Freehold 400sqm (more or less) corner site in Manure...more detail
Month of sale: December '20

Listing ID: 1902809
Sold for: $1.37m
Yield: 5.07%

Auckland, Manukau City

210 Great South Road, Manurewa

Property details: 310sqm medical centre on 400sqm site.

Property type: Childcare/Medical facility

Deadline Private Treaty brought forward to 12pm Monday 12th October 2020 • New five year lease returning $69,419pa plus GST and outgoings • Freehold 400sqm (more or less) corner site in Manurewa Town Centre • Passive investment with long established essential medical tenant in occupation for over 20 years • Zoned Business Town Centre offering future development potential Situated on the prominent corner of Great South Road and Halver Road in the heart of Manurewa's town centre, the property enjoys substantial profile. With a new four year lease and further rights of renewal, this two storey commercial property is occupied by well established medical practitioners. Centrally located to a range of amenities including New World Supermarket, SouthMall Shopping centre and motorway interchanges, the property forms part of Manurewa's retail area poised to serve the surrounding residential catchment and also offers future development upside. An essential service with a long term lease to an experienced operator - the perfect bottom drawer investment. For further information, contact the SOLE Agents today Janak Darji 021 047 1290 janak.darji@bayleys.co.nz Tony Chaudhary 021 995 121 tony.chaudhary@bayleys.co.nz Amy Weng 021 177 3422 amy.weng@bayleys.co.nz

Auckland, Manukau City
8 Aintree Avenue, Mangere
Property details: Two industrial units on 2000sqm site
Property type: Warehouse/Industrial
• Affordable industrial property, great location and exposure• Two units, one vacant, one leased• Excellent mix of office and warehouse• Highly desirable area close to motorway and the airport...more detail
Agent(s): Nick Bayley,
Month of sale: December '20

Listing ID: 1691053
Sold for: $2,150,000

Auckland, Manukau City

8 Aintree Avenue, Mangere

Property details: Two industrial units on 2000sqm site

Property type: Warehouse/Industrial

• Affordable industrial property, great location and exposure• Two units, one vacant, one leased• Excellent mix of office and warehouse• Highly desirable area close to motorway and the airportThe property comprises a 1980s industrial building subdivided into two tenancies, each providing medium stud warehousing and associated offices and amenities. The front tenancy has a mezzanine amenities area. The southern side of the warehouse was further extended in the late 1980s. Other improvements include steel post and wire fencing, concrete driveway and underground services.

Auckland, Manukau City
421A Roscommon Road, Clendon Park
Property details: 1,127sqm bulk retail on 2452sqm site
Property type: Retail
High profile location close to Auckland Airport and State Highway 20• Unit entitlement land area of 2,452sqm (more or less) for exclusive use• Zoned Business Local Centre - offering diversificati...more detail
Month of sale: December '20

Listing ID: 1902582
Sold for: $2,345,000

Auckland, Manukau City

421A Roscommon Road, Clendon Park

Property details: 1,127sqm bulk retail on 2452sqm site

Property type: Retail

High profile location close to Auckland Airport and State Highway 20• Unit entitlement land area of 2,452sqm (more or less) for exclusive use• Zoned Business Local Centre - offering diversification to add value, develop or occupy• Key neighbouring tenants including Pak'n Save, the Warehouse, McDonald's etc. Adjacent to a childcare centre, the property encompasses a unit entitlement land area of approximately 2,452sqm (more or less) for exclusive use. Constructed circa 1980's, the building comprises a standalone bulk retail property providing high and low stud facilities, mezzanine and basement storage. Currently fitted out as a supermarket and fish mongers with additional potential (internal partitions), the property presents an opportunity for add value investors, owner occupiers and developers to capitalise on the underlying zoning of the site or to re-purpose the existing structure. Situated on a popular arterial road positioned between the major distribution routes of the Auckland International Airport, State Highways 1 and 20, all of which connect to the wider Manukau network. The wider area comprises a substantial and growing residential population with important amenities and popular businesses such as Domino's, McDonald's, The Warehouse and Pak'n Save. For further information, please contact the SOLE agentsTony Chaudhary021 995 121tony.chaudhary@bayleys.co.nzAmy Weng021 177 3422amy.weng@bayleys.co.nzJanak Darji021 047 1290janak.darji@bayleys.co.nz

Auckland, Auckland City
501/38 Khyber Pass Road, Grafton
Property details: 125sqm floor area, in the SKHY complex
Property type: Office
Set amidst a diverse range of residential, retail and commercial, SKHY is uniquely positioned within minutes of the CBD, Kingsland, Mt Eden, Newmarket, Ponsonby and the motorway on-ramps that open it ...more detail
Month of sale: December '20

Listing ID: 1689371
Sold for: $995,000

Auckland, Auckland City

501/38 Khyber Pass Road, Grafton

Property details: 125sqm floor area, in the SKHY complex

Property type: Office

Set amidst a diverse range of residential, retail and commercial, SKHY is uniquely positioned within minutes of the CBD, Kingsland, Mt Eden, Newmarket, Ponsonby and the motorway on-ramps that open it to the entire city. The precinct offers a versatile mix of brand new commercial and retail spaces designed by award winning Cheshire Architects. Various options are available ranging in size from 69sqm through to 125sqm with onsite car parking. Affordably priced these units are a must see for all owner occupier and investors. SKHY Commercial will be fully launched to the market early Feb 2020 so this is the opportunity to acquire your unit(s) early and secure an enviable position in one of the city fringes most exciting new developments!Features:- Architecturally designed freehold office and retail units - Versatile spaces ranging from 69sqm to 125sqm - Affordably priced with onsite car parking - Occupiers and Investors must investigate

Auckland, North Shore City
Unit 10/20 Ashfield Road, Wairau Valley
Property details: 130sqm warehouse with 2 car parks
Property type: Warehouse/Industrial
• Warehouse 90sqm (approximately) • Mezzanine 40sqm (approximately) • Roller Door • Three phase power • Two car parks Clean, dry and tidy industrial unit in the heart of the Wairau Va...more detail
Month of sale: December '20

Listing ID: 1503719
Sold for: $480,000

Auckland, North Shore City

Unit 10/20 Ashfield Road, Wairau Valley

Property details: 130sqm warehouse with 2 car parks

Property type: Warehouse/Industrial

• Warehouse 90sqm (approximately) • Mezzanine 40sqm (approximately) • Roller Door • Three phase power • Two car parks Clean, dry and tidy industrial unit in the heart of the Wairau Valley with easy access to the Tristram Ave motorway interchanges. This is a popular and well maintained development suitable for both owner occupiers and investors. Recently painted, with new roof and new concreted driveway. Call the SOLE Agents now for further information.

Auckland, North Shore City
A1/63 Apollo Drive, Albany
Property details: 264sqm office with 8 car parks
Property type: Office
An excellent opportunity to secure a smart ground floor commercial office premises with standout street frontage in the heart of Albany.Vacant possession offering considerable upsideFloor Area: 263.7s...more detail
Month of sale: December '20

Listing ID: 1503273
Sold for: $1,350,000

Auckland, North Shore City

A1/63 Apollo Drive, Albany

Property details: 264sqm office with 8 car parks

Property type: Office

An excellent opportunity to secure a smart ground floor commercial office premises with standout street frontage in the heart of Albany.Vacant possession offering considerable upsideFloor Area: 263.7sqm Carparks: A generous eight (8) exclusive use car parks in totalZone: Business - General Business zoneA must view for astute investors, owner occupiers.Seldom do properties of this versatility become available in this tightly held North Shore precinct. On offer is a single level commercial office property built circa 2005. The property is located within the sought after Interplex Business Park in Albany - a modern and upmarket precinct that has attracted a vast range of national and high profile tenants to the area. The surrounding development is predominantly above average to superior quality free standing and multi unit commercial and industrial structures. Albany is a major Auckland suburb that features a vast array of amenities and is conveniently situated alongside key motorway interchanges. The location is underpinned by the flexible General Business zone which provides good scope for multiple business uses. Whether you are looking for an add value investment or flexible modern accommodation for your business this is a must view.

Auckland, Manukau City
139 Kolmar Road, Papatoetoe
Property details: 685sqm development site
Property type: Vacant land/Development site
Your opportunity to own this unique freehold development site, situated on Kolmar Road, metres from the intersection of Great South Road and backing onto Hunters Plaza. The location is well serviced...more detail
Month of sale: December '20

Listing ID: 1902052
Sold for: $900,000

Auckland, Manukau City

139 Kolmar Road, Papatoetoe

Property details: 685sqm development site

Property type: Vacant land/Development site

Your opportunity to own this unique freehold development site, situated on Kolmar Road, metres from the intersection of Great South Road and backing onto Hunters Plaza. The location is well serviced by public transport operating along Great South Road connecting residential suburbs of Manurewa, Papakura, Papatoetoe and Otahuhu. Papatoetoe is a suburb in the South Auckland Region only 25 minutes southeast of the Auckland CBD and is located ten minutes from Central Manukau. The suburb has a mixture of Residential, Light Industrial, Commercial and Retail properties. • Rectangular 685sqm site • Level building platform - completely sealed • With favourable zoning, Business - Town Centre • Thriving Papatoetoe township and part of a redeveloping town centre Please do not hesitate to contact a member of the project team in regard to arrange a viewing Ash Jogia 021 0444 004 ash.jogia@bayleys.co.nz Dave Stanley 021 326 820 dave.stanley@bayleys.co.nz

Sold
Northland, Far North
47-53 Station Road, Kaikohe
Property details: 2155 m²
Property type: Warehouse/Industrial
Agent(s): Regan Polglaze,
Month of sale: December '20

Listing ID: 85043
Sold for: $1,682,583
Bay of Plenty, Rotorua
1092 Fenton Street, Rotorua Central
Property details: 353sqm retail with 3 car parks
Property type: Retail
- $89,203.80pa net rent- Two established tenants- Tilt slab construction- 95% NBS- New Roof 2019- Managed by body corporateBayleys Rotorua and Lime Cafe occupy this superb corner site in central Rotor...more detail
Agent(s): Mark Slade, Brei King,
Month of sale: December '20

Listing ID: 2450552
Sold for: $1.692m
Yield: 5.27%

Bay of Plenty, Rotorua

1092 Fenton Street, Rotorua Central

Property details: 353sqm retail with 3 car parks

Property type: Retail

- $89,203.80pa net rent- Two established tenants- Tilt slab construction- 95% NBS- New Roof 2019- Managed by body corporateBayleys Rotorua and Lime Cafe occupy this superb corner site in central Rotorua returning $89,203.80pa plus GST and operating expenses. The ground floor freehold unit title has prime position with easy access and overlooking the Village Green Lakefront Reserve; proposed five star Wai Ariki Hot Springs and Spa and brand new QE Health and Wellness complex are being developed nearby. Split the risk with 213sqm (more or less) office and 140sqm (more or less) food and beverage retail tenancies in a superb location.

Canterbury, Christchurch City
236 Port Hills Road, Hillsborough
Property details: 2,100sqm warehouse/office on 7,406sqm site
Property type: Warehouse/Industrial
•Highly desirable location in close proximity to the port of Lyttleton and Southern Motorway •Leased to proven tenants returning approximately $195,144pa + GST and outgoings •Large freehold titl...more detail
Month of sale: December '20

Listing ID: 5513106
Sold for: $2.65m
Yield: 7.36%

Canterbury, Christchurch City

236 Port Hills Road, Hillsborough

Property details: 2,100sqm warehouse/office on 7,406sqm site

Property type: Warehouse/Industrial

•Highly desirable location in close proximity to the port of Lyttleton and Southern Motorway •Leased to proven tenants returning approximately $195,144pa + GST and outgoings •Large freehold title comprising 7,406sqm •Add value by upgrading property and strengthen leases This large freehold corner profile site is home to four established businesses comprising a single level office block, large yard area and a significant 2,100sqm warehouse with multiple roller doors and full drive around capability. Building sold in present condition (39%) NBS) - with no vendor warranties.Call the sole agents today to not miss out on this great opportunity.

Nelson & Bays, Tasman
238-244 Queen Street, Richmond
Property details: Six retail premises on 1534sqm site
Property type: Retail
Very rarely are high profile commercial opportunities such as these three adjoining Queen Street properties offered to the market. The three adjoining titles are being sold collectively comprising a ...more detail
Month of sale: December '20

Listing ID: 4003169
Sold for: $2,200,000

Nelson & Bays, Tasman

238-244 Queen Street, Richmond

Property details: Six retail premises on 1534sqm site

Property type: Retail

Very rarely are high profile commercial opportunities such as these three adjoining Queen Street properties offered to the market. The three adjoining titles are being sold collectively comprising a total land area of 1,534sqm positioned in the heart of the Richmond central business district. The three titles each include small buildings with Queen Street frontage and are currently configured as six individual tenancies partially occupied by retail and hospitality businesses. The five existing leases provide a holding income of $117,900pa. With one additional retail vacancy and surplus car parking, there is an opportunity for rental uplift. All three buildings have been assessed for earthquake rating and they range from 33% to 40% of NBS. The owners have been supplied with a concept design for strengthening the buildings to achieve a minimum level of 67%, however, this work has not been costed. This unique offering to the market provides flexibility for purchasers to maximise the use for this site with the benefit of holding income and excellent access from the rear of the sites for potential future re-development or re-configuration.•Three adjoining titles for collective sale•Five existing leases providing holding income of $117,900pa•1,534sqm total site area with low site coverage & rear access•Re-development opportunity•Rental uplift potential•Queen Street frontage adjoining Richmond Mall The properties are being offered for collective sale by Auction and are being sold in their current "as is, where is" condition.

Marlborough, Marlborough
26 McArtney Street, Blenheim
Property details: 882sqm storage facility on 1,832sqm site
Property type: Warehouse/Industrial
This profitable storage facility is located less than 1km from the centre of Blenheim on an industrial-zoned section on the corner of McArtney Street and Houldsworth Street. The property consists of 4...more detail
Month of sale: December '20

Listing ID: 4003138
Sold for: $1.68m
Yield: 6.34%

Marlborough, Marlborough

26 McArtney Street, Blenheim

Property details: 882sqm storage facility on 1,832sqm site

Property type: Warehouse/Industrial

This profitable storage facility is located less than 1km from the centre of Blenheim on an industrial-zoned section on the corner of McArtney Street and Houldsworth Street. The property consists of 49 sheds plus 2 offices situated on a 1,832sqm corner site providing multiple access points with easy access for cars, trucks and trailers.Purpose-built nearly 18 years ago, this low maintenance property benefits from a long history of very high occupancy and a steady level of demand given the central location in Blenheim. The existing tenancies provide a gross weekly income of approximately $2,860 (including GST) with the additional opportunity to review and increase some of the rental rates.•49 Sheds and 2 offices•1,832sqm Industrial corner site•Central Blenheim location•Low maintenance•High occupancy rates•Projected net annual passing income of $106,521 + GST•Potential for rental growth•Ability to self-manageFor sale by way of auction (unless sold prior) at 12 noon, Friday 27 November 2020, at Bayleys Marlborough, 33 Seymour Street, Blenheim.

Wellington, Lower Hutt City
5 Te Puni Street, Petone
Property details: 491sqm industrial building on 455sqm site
Property type: Warehouse/Industrial
These opportunities don't come along everyday. Owner occupier or add value investor?With five months remaining on the current lease, you have time to plan your next move. Plans and costing for the str...more detail
Month of sale: December '20

Listing ID: 3253377
Sold for: $1.5m
Yield: 3.13%

Wellington, Lower Hutt City

5 Te Puni Street, Petone

Property details: 491sqm industrial building on 455sqm site

Property type: Warehouse/Industrial

These opportunities don't come along everyday. Owner occupier or add value investor?With five months remaining on the current lease, you have time to plan your next move. Plans and costing for the strengthening available upon request, refurbish at the same. The potential net rental should be $70,000 + GST or higher in its current form, higher if you change the use. To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/5_TePuni_Street• Location, to die for just off the Esplanade• Zone, mixed use, trade showroom or service provider?• Potential net income should be $70,000 + GST

Taranaki, New Plymouth
79 Vivian Street, New Plymouth Central
Property details: 658sqm floor area, 1,343sqm land area
Property type: Childcare/Medical facility
High profile corner site of 1343sqm land holding with a floor area of approx. 658sqm and 20+ off-street carparks. This two storey 1900's Villa has been converted for commercial use, however will offer...more detail
Month of sale: December '20

Listing ID: 2600632
Sold for: $1.3m
Yield: 6.87%

Taranaki, New Plymouth

79 Vivian Street, New Plymouth Central

Property details: 658sqm floor area, 1,343sqm land area

Property type: Childcare/Medical facility

High profile corner site of 1343sqm land holding with a floor area of approx. 658sqm and 20+ off-street carparks. This two storey 1900's Villa has been converted for commercial use, however will offer the new owner flexibility for future use and site redevelopment potential.Leased until early 2021 with a net rental of $89,280 + gst. This could be an opportunity for owner occupiers with other activities/uses worth investigating. Or investors can look at finding a new tenant. Vivian Street is well known for its Medical facilities and practises notably including Phoenix Doctors and Vivian Pharmacy.Within walking distance of the renowned Coastal Walkway and great range of cafes, bars and restaurants. Auction Friday 20th November 2020 1pm (unless sold prior)