Commercial property for sale

Listing ID: 42555391

Ponsonby Road – Three prime investments

• Three prime Ponsonby investments, for sale in one line

• Leased to established retail and residential tenants
• High-profile position in the heart of Ponsonby Road shopping and dining precinct
• A rare chance to purchase some of Auckland's most tightly held real estate

175 Ponsonby Road comprises a fully leased, three-level, mixed-use investment property which offers three ground floor retail tenancies and three attractive two level residential apartments above. The apartments benefit from excellent natural light from both sides and have an attractive north-facing outlook from the rear.

177 Ponsonby Road comprises a two-level investment property with three ground floor retail tenancies and two character tenancies above, on level one. One is currently utilised as an office and the other as a residential apartment.

179 Ponsonby Road comprises a two-level character investment property, anchored by 'World' on a new six-year term on the corner retail tenancy, with a physiotherapy office on the upper level.

The properties occupy a prime corner position on Ponsonby Road, one of Auckland's premier shopping and hospitality precincts, all benefitting from rear access. This is a once in a generation opportunity to secure either one, two or three premium Ponsonby Road investments. Call now.

Listing ID: 42555449

The Warehouse Clendon

• Long term national tenant "The Warehouse Limited"

• 5,547sqm (more or less) freehold high-profile corner site
• Integral part of established neighbourhood shopping centre "The Clendon Mall"
• Appears to be significantly under rented - which suggests future upside

High-profile, high-stud extensively upgraded and refurbished in 2016 bulk retail premises forming part of the Clendon shopping centre, neighbours include Pak n Save, McDonalds, Mobil service station, medical centre, and various well-known specialty stores in this well-established neighbourhood shopping centre.

Listing ID: 42555545

Refurbish, revalue

• Considerable value uplift potential

• Excellent Sydenham location
• Holding income negotiable

First time to market in over 25 years, this expansive property presents a solid foothold in Sydenham, underwritten by over 2,000 sqm of land and delivering almost 2,200 sqm of floor area. A value-add opportunity of scale.

The building comprises two levels with workshops and showroom on the ground floor and a spacious first floor with huge character and the potential to create a stunning value-add loft space for the creative developer or owner occupier.

With 12 car parks and a significant floor area to activate, this property will generate a solid rental income when cleverly refurbished and fully occupied. A detailed seismic assessment (DSA) and seismic strengthening estimate were completed in 2022 and are available to assist purchasers to this end. The vendor is open to negotiating a short term lease with the purchaser to assist with ownership transition.

Listing ID: 42555609

Waterfront redevelopment options

• Effective waterfront position on the Tamaki River

• Level site 1,002sqm (more or less), with easy access and northwestern aspect
• Flexible residential development options
• Existing house to refurbish and subdivide or remove and redevelop totally

Located in a quiet Pakuranga isthmus, an opportunity to acquire an excellent development platform that is no longer required by Eke Panuku Development Auckland. The zoning allows medium density integrated residential development, in a terrace house or multiple level walk up format.

Effectively a waterfront position on the Tamaki River with protective reserves to the north and western boundaries. Elevated above the river, unobstructive views are available to the west.

Millen Avenue is situated off Pakuranga Road which includes the new Eastern Busway project and near Pakuranga Plaza and Sylvia Park shopping centre. Easy motorway access available to the city.

The location is supported by a wide range of schools while the housing typology is mixed, in an average price bracket and mostly developed between the 1950's and 1970’s. There is however, an increasing amount of redevelopment for more intensive residential use occurring.

Listing ID: 42555698

One of the last lots – Albany land

Finally, a rare opportunity to secure one of the last remaining sections of commercial land in Albany has come to the open market.

Key features:

• 4,189sqm (more or less) of fee simple Albany land
• Zoned General Business allowing for a wide range of business uses
• Approved resource and building consents ready to go for eight warehouse/showroom/office units
• Wide frontage on a prominent and elevated site

Situated in a prime location off Triton Drive comes an improved site of 4,189sqm (more or less) of General Business zoned land. The land itself sits elevated with a north-easterly aspect making it a highly desirable development site for an A-grade building and business.

The owner has made a number of improvements to the site that include approved resource and building consents for eight warehouse/showroom/office units which are ready to go. Take advantage of the substantial retaining walls (CCC issued) and certified earthworks already completed to fast track the existing approved project, and make your mark on this prime site.

The opportunities are endless to have multiple users on site or a single occupier benefiting from the flexible zoning. Seize one of the last chances to secure a prime piece of freehold commercial land in Albany and build your dream.

For sale by way of Tender (unless sold prior), closing 4pm, Thursday 6th June 2024, 29 Northcroft Street, Takapuna, Auckland, New Zealand

Listing ID: 42555716

Vacant possession, multiple income streams

Nestled in the picturesque Paringa Valley, 6156 State Highway 6 awaits its next proprietor, offering a diverse array of opportunities within its enchanting confines. This expansive property offers not just a commercial venture, but a lifestyle investment. Spanning across 7,110 square meters of land, this property boasts a diverse range of amenities, including a flourishing salmon farm, a charming café brimming with character, a fully equipped commercial kitchen and a delightful gift shop.

South Westland Salmon Farm has minimal impact on the environment and sustainability, it’s one of the key factors to success. The Salmon Farm was originally set-up and ponds constructed in 1986. Once the salmon stocks and ponds were established the cafe was built and opened in 1995. All fish are processed onsite in the custom built packhouse, for both the cafe meals and takeaway portions. The main focus is producing the premium Cold Smoked Salmon.

https://www.salmonfarm.co.nz/

Whether you aspire to continue the existing operations or embark on new ventures, this property presents a rare opportunity for growth and prosperity. Sold with vacant possession, the possibilities are limited only by your imagination. Contact Harrison Martin for further information.

Listing ID: 42555718

Market ready - The Old Packhouse with FHGC land

A unique opportunity to own a piece of Kerikeri's heritage - The Old Packhouse Market and cafe along with the 5.6 hectares of land, two houses, and buildings spanning over 2,000 square meters.

This iconic destination has been a beacon of community and growth, developed passionately over the past decade by Judy and Warrick Hyland, becoming a cherished icon locally and nationally.

It's popular cafe, bakery and butchery, plus famed Friday and weekend markets provide a substantial income to the owners and with infrastructure and consents to host weddings and conferences, plus a purpose-built covered stage and open fields out the back for large outdoor concerts, there are many opportunities to grow that side of complex.

Alternatively the expansive 5.6ha of land on the fringe of Kerikeri township provide a blank canvas for potential development.

For detail property information, contact the sole agents or visit www.propertyfiles.co.nz/1270932 to download all documents.

Listing ID: 42555725

Industrial investment opportunity, Rolleston

• Located in Izone Business Park, Rolleston

• 201sqm (more or less) industrial unit
• Built 2018/2019
• Drive by access
• Tenanted investment
• Net rental $34,000 pa plus GST and OPEX

This is a fantastic opportunity for an investor to secure a modern post-earthquake industrial building in a very sought-after go-ahead area of Canterbury. Unit 4/25 Hynds Drive was completed circa 2018/2019 and forms part of a seven-unit complex. The complex is situated on a corner section which allows for good drive-by access. The building has a footprint of approximately 201sqm comprising 127sqm warehouse, 35sqm of office and 38sqm of reception/amenities.

The tenant Kiwi Traffic Solutions Limited has been on-site for a year and has from the 1st of February 2024 renewed their lease for a further three-year term.

This is a great opportunity for an investor to add to their portfolio or simply the opportunity for a first-time commercial investor to enter the industrial market.

Contact the sole agents for further details. For Property Files copy and paste the following link: https://www.propertyfiles.co.nz/5523850

Listing ID: 42555892

Standout Lake Tekapo development opportunity

• Rare opportunity to secure premium lakeside property

• Land area of 3.1384ha over two sites which are available together or separately
• One with Lakeside frontage with magnificent lake and alpine vistas, the other in a central village location
• Multiple development potential across either site

Vendors’ change in circumstance presents an outstanding and rare opportunity for astute investor/developers in this beautiful alpine village.

On offer are two sites. Lakeside Drive presents a superior, elevated position overlooking the lake with uninterrupted views. Sitting on approximately 2.5011ha, sites like this seldom come to market. Site two provides 6,373sqm (more or less) and is uniquely positioned to offer multiple options for a new owner.

Lake Tekapo is experiencing significant growth, with booming tourism due to its vast alpine recreation and is famously home to the UNESCO Dark Sky Reserve.

Situated on the main arterial route for tourism between Christchurch and Queenstown, it offers a constant flow of visitors throughout the year.

This will suit developers and investors or to land bank, further underpinned by resource consents, which are available on request.

Listing ID: 42556186

Split-risk investment with upside

First time on the market since 2016, 202–220 Main Road, Kumeu is hitting the open market. Located in the bustling heart of Kumeu’s industrial precinct, opportunities like this are in high demand, with extremely low vacancy rates.

This property presents a unique opportunity for both owner-occupiers and astute investors alike. With excellent warehouse to office ratios, this versatile industrial building spans approximately 1,852sqm. Its strategic location in Kumeu's original industrial area ensures easy access to SH16 and SH18, with Westgate's Costco just a 10-minute drive away. Additionally, it is conveniently situated 27km from the CBD and Port.

• Split-risk industrial investment on a freehold site of 4,143sqm (more or less)
• Generating a net rental return of $289,744pa + GST
• Built-in rental growth with four tenancies on a combined floor area of 1,852sqm (approximately)
• Excellent high warehouse to office ratios

This property offers a great chance to acquire a multi-tenanted freehold Light Industry site spanning approximately 4,153sqm. Currently, the owners, Huapai Truck Painters, operate 910sqm (approximately). Flexible options include a leaseback arrangement with Huapai Truck Painters, or the owners can relocate their operations, freeing up space for potential owner-occupiers. The functional warehouse to office configurations of each unit provide investors peace of mind for future leasing opportunities. The building accommodates various industrial users, including Huapai Truck Painters, E-Cycle, Kiely Construction, and Kumeu Plumbers.

This rare find will appeal to a wide range of savvy investors seeking split-risk, passive investment with rental growth potential and options for owner-occupiers. Given the tight hold on Kumeu’s industrial precinct, this building is a valuable addition to any investment portfolio.

Please do not hesitate to contact a member of the project team in regard to any aspect of the content included in this document or to arrange a viewing of the property.

Listing ID: 42556249

Peacockes development block

632a Peacockes Road represents a rare opportunity to acquire and develop a highly attractive residentially zoned site located on the southern edge of Hamilton City.

Creation of the new suburb of Peacocke is supported by huge central and local government investment in infrastructure such as parks, water, wastewater and stormwater networks, as well as main roads and a new Waikato River bridge linking to the city.

A district plan change introduced by Hamilton City Council has unlocked the previously rural/lifestyle area for the development of medium-density housing.

Positioned within the only growth cell to the south of Hamilton City, this is a rare opportunity to acquire and develop a highly attractive residentially zoned site in a uniquely strategic location.

Underpinned by enormous public investment in supporting infrastructure, Peacocke will ultimately provide a high-quality urban environment accommodating Hamilton’s ongoing expansion.

Encompassing 37.8 hectares (approximately) of elevated and gently rolling development land with substantial views of the city and North towards the Hakarimata Range, this exceptional opportunity is also one of the regions highest points and is conveniently in reach of Hamilton’s abundance of amenities and economic benefits. Peacokes Road development block represents an exciting platform for a new owner to leverage the expanding local and regional economy into the future.

Held by our vendors for over 30 years, the scale, proximity and unique elevated setting ranks this land amongst the best and is an opportunity not to be missed.

Listing ID: 42556251

Montessori childcare - occupiers and investors

• Property and business for sale as freehold going concern

• Affordable and well-presented in a high-growth location
• Prime corner site spanning 1,047sqm (more or less)
• Licensed childcare for 40 children with a current/recent rental valuation of $106,080pa + GST
• Appealing low-maintenance building for add-value investors and owner-operators

This modern childcare facility presents a unique opportunity for a business sale. Presenting an ideal location near Waiuku Primary and View Road Schools, and a vibrant community of Queen Street cafes, shops and amenities nearby, the site is well-positioned to serve the growing community.

The spacious freehold corner site allows for future expansion or outdoor play areas, further enhancing revenue potential and growth, while running a profitable childcare already licensed and approved for 40 children.

Be a part of Waiuku's exciting growth as the area is undergoing various development initiatives and community events anticipating great population growth and expansion of the town.

This is an excellent opportunity for both investors seeking a reliable income stream and passionate owner-operators who want to venture into the ECE sector.

Contact the SOLE agents for further information.

Prashant Vijan

021 041 4577

prashant.vijan@bayleys.co.nz

Tony Chaudhary

021 995 121

tony.chaudhary@bayleys.co.nz

Shane Snijder

021 730 488

shane.snijder@bayleys.co.nz

Listing ID: 42556371

Central service station investment with upside

• Service station investment on long lease plus a two-level standalone

• Caltex returns $208,080 + GST p.a. (net) with fixed annual increases
• High-profile 284sqm standalone offers options to add-value and/or occupy
• 1,040sqm freehold landholding with Mixed Use zoning (max height: 32.5m)
• Strategic position near to CBD, Universities, Hospital, Motorways and CRL

This top-quality commercial investment property truly has it all! First and foremost, it has consistent cashflow from the long-term lease to Z Energy Limited (operating as Caltex) with built-in growth.

There is an attractive add-value and/or occupy option in the form of the separate standalone building with onsite parking and roller door access to the side, lending itself to any combination of retail, showroom, office, storage or residential.

A newly subdivided title will provide a large freehold landholding with favourable Mixed Use zoning adding significant development upside to the offering, with the option for a new owner to further subdivide the standalone from the service station.

In addition, the strategic, high-profile location provides excellent access to Auckland’s CBD, Universities, Hospital, motorway interchanges and soon-to-be-open City Rail Link (CRL) stations.

A great addition to any portfolio, enquire today!

Listing ID: 42556616

Very cool vacant building

This single level, 175sqm building has is to be sold vacant possession.

It is a very cool little retail/office building and can be yours to occupy; or, it can be a simple investment or a project to realise the potential of the 10 metre height limit.

Currently presented as a cool mix of open plan and offices, it could easily be converted to retail, and has the added bonus of a sun trap garden to the rear.

The property has a potential net rental of $49,708pa + GST, and ticks a whole lot of boxes, including:

• Ready to occupy – tick.
• Versatility – tick.
• Huge add value upside – tick.

Whether you intend to occupy it, are an investor seeking to lease it up, or an add value investor looking to redevelop over time, this is a must see opportunity. Located on ever popular Jackson Street, this is your opportunity to gain a foothold with massive upside.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/305jacksonstreet

Listing ID: 42556621

Mortgagee sale Industrial Unit on Kenepuru

Occupying the prime corner position in a sought-after block of commercial units, 2/55 Kenepuru Drive is a well-located property with a range of options available for the future owners.

The unit comprises a tidy workshop accessed via roller door together with a firstfloor office area which has been expanded to house a multi-bedroom apartment.

This can be stripped out to reinstate the original unit layout or occupied as a live and work option if desired.

The property also includes a separate ground floor tenancy which could be occupied by the owner or remain leased out to the current tenant returning $15,600pa + GST.

The property is strategically located for the best access to SH1, virtually adjacent to the Kenepuru Link Road, the feeder to Transmission Gully and the Wellington Urban Motorway.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/u2_55kenepurudrive

• Apartment fitout – live and work or strip back to commercial
• Potential plus with great bones and top location
• Three onsite car parks plus large garage and side income
• Our instructions are clear - get this unit sold!

Listing ID: 42556668

Sydenham investment opportunity with upside

• Rare opportunity in the tightly held Sydenham locality

• Suitable for investors looking for upside and owner occupiers alike
• Returning $165,500pa (approximately) from the currently occupied space
• Proximity to Moorhouse Avenue and the Central Business District

Situated within a strategic location, with proximity to Moorhouse Avenue and the Christchurch CBD, the property ensures high visibility and accessibility, 105-109 Orbell Street presents a good blend of opportunities for both savvy investors aiming for growth and owner occupiers seeking strategic premises with the added benefit of existing income streams.

Offering an attractive annual income of approximately $165,000 per annum net benefitting from add value potential with possible future vacancies to enhance value or accommodate owner occupiers in future.

Advantaged by an approved resource consent which allows for mixed use commercial, retail and warehousing activities, the property boasts a substantial land footprint of 1,793sqm and a spacious floor area of 1,619sqm, which has recently been refurbished and strengthening works have brought the property to 100% NBS.

This is an opportunity not to be missed in a sort after location.

Listing ID: 42556690

Is there a better location than this?

•Prime location on popular Victoria Street

•Tenanted investment opportunity

•Net rental $19,945 pa + GST and outgoings

Rarely do high-profile retail properties become available for sale in the bustling Cambridge CBD, making this offering a unique investment opportunity. With a stable tenant in place, favourable lease terms, and a prime location, 60a Victoria Street presents an attractive option for investors seeking consistent rental income. Don't miss out on the chance to secure this prime commercial property with potential for further value appreciation. The 31sqm (more or less) building was refurbished in 2018 and is well configured with a vibrant retail area at the front and 100% NBS rating.

The main street location and the well- established retail businesses and commercial neighbours ensure a steady flow of vehicle and foot traffic passing by. There are public parking options around the immediate vicinity.

The property is for sale by way of auction (unless sold prior) on the 13th June at 96 Ulster Street, Hamilton.

Listing ID: 42556986

Cameron Road cracker!

• Prime position on Cameron Road

• Affordable split-risk investment
• Solid cashflow from four established tenants
• Future redevelopment location

A cracking opportunity to own a two-level commercial property on coveted Cameron Road in Tauranga. This split-risk investment has four established tenancies comprising one retail and one office tenant both taking advantage of the highprofile location and two storage tenancies below with access from the rear. A right of way provides access to 10 on-site car parks which are like gold dust for CBD tenants!

Fully leased with modern, well-presented fitouts for the two main tenants and final expiries of 2027, 2030, 2030 and 2036, the property returns an annual net income of $82,108 + GST and outgoings. A hands-off investment opportunity in a prime city centre fringe location, this will appeal to both first-time commercial investors and experienced property people who understand the importance of location to underpin future tenant demand and the excellent long-term re-development prospects this property presents.

Listing ID: 42557025

Prime Wiri industrial investment

• Entrenched A-grade national tenant - BNT Automotive

• Returning $392,110.95pa + GST and OPEX
• Functional high stud warehouse and modern office
• Lease renewal in 2029 with final expiry in 2039

Located minutes from Lambie Drive motorway off-ramp, this road frontage standalone investment is not one to be missed if you are looking for a well presented industrial property with a long-term lease to a blue-chip tenant.

The modern property totals 2,158sqm of building area excluding the canopy and balcony, and comprises high stud warehousing, and office to the front of the property.

Occupied by Brake & Transmission NZ Limited (trading as BNT Automotive) since 2019, this well-known occupier has five years left on an initial ten year term with rights of renewals until 2039. Fixed annual increases allow purchasers confidence in rental growth throughout the term.

This is a great opportunity for investors looking to capitalise on a tightly held industrial precinct and secure a passive bottom drawer investment.

Contact the agents below for more information:

Greg Hall

021 023 21884

greg.hall@bayleys.co.nz

Karl Price

021 552 503

karl.price@bayleys.co.nz

Listing ID: 42557589

FOR SALE OR LEASE - LARGE BUILDING - PRIME LOC...

Opportunity to buy or lease this approx 705m² building with vacant possession situated on 1,151M2 of Business - Mixed Use zoned land.  Located in prime position on Massey Ave close to Manukau Road intersection providing one of the highest profile locations in Pukekohe.

 

Property includes sealed car parks with easy access to front of building. Surrounding tenants are Mobil Service Station, South Auckland Motors, Ideal electrical & Animates. Supercheap Auto are vacating the premises providing vacant possession.

 

Opposite large council car park and a short 100m walk to the Pukekohe main street & 300m to train station and bus terminal currently being upgraded to be electrified.

 

Zoning provides for residential activity as well as predominantly smaller scale commercial activity and typically enables heights up to four storeys.

 

Ideal for investors, developers or owner / occupiers.

 

Open minded owners are motivated for the next chapter.

 

FOR SALE OR LEASE BY DEADLINE PRIVATE TREATY – 4:00PM, 29 MAY 2024 (UNLESS SOLD PRIOR)