Commercial property for sale

Listing ID: 42547230

OPPORTUNITY KNOCKS!

If you are looking for a lucrative and highly versatile investment opportunity with huge visibility, passed by 99% of all vehicles travelling North/South between Auckland and Whangarei or Dargaville, then look no further! Offering the perfect blend of commercial and residential, ideal for savvy investors seeking stable returns and long-term growth potential.

Property Overview:

Commercial Space - Current lease in place until April 2025 returning $57,200 + gst p/a plus 80% of outgoings. Highly versatile space with large commercial kitchen, ideal for a cafe/restaurant, daycare centre, petrol station or anything that requires large volumes of traffic to pass by so pretty

much every business!

Residential Space - A well-appointed home, providing a very comfortable living space for owner occupiers or tenants. Huge kitchen/dining, seperate living room and spacious sunny bedrooms making it an attractive option for those seeking convenience and opportunity.

2 recently refurbished buildings stand alongside offering additional possibilities for expansion to further enhance rental income and property value.

This property will appeal to a wide range of people wanting to step out of the box and maximise its potential. Whether you're a seasoned investor or a first-time buyer, it offers the perfect combination of income stability, growth potential, and diversification.

Contact us today to schedule a viewing and make this opportunity yours.

Note: This property offers 2 components, 1 being commercial as per above, the other residential as listed here: https://raywhite.co.nz/northland/kaipara/kaiwaka/WAR31088/

Photos show both what's there now and also what it was before the current lease arrangement was in place. Current lessees will return the building to its original standard at completion.

Listing ID: 42550720

Fully Tenanted High Yielding Investment

Originally developed in circa 1965 for the Te Anau Post Office, 88 - 94 Town Centre now provides a modernised single storey commercial building, providing good rental income from three established tenants.

The building has undergone various alterations/refurbishment over the years, including extensive refurbishment in 2022 of the two food & beverage tenancies, and the outdoor deck and seating area. Located on a site of 1,577sqm, the building is approximately 600sqm (subject to measure).

Located on the southern side of Town Centre, just off Luxmore Drive (SH94), this is the main street providing access through the commercial precinct, towards Lakeside Drive in the heart of Te Anau.

Investment Highlights:

• High yielding investment
• Returning $103,461.18 p.a. + GST & outgoings
• Fully tenanted to three established tenants
• Sizeable land and floor areas
• Vehicle access to the rear of the building
• Within the heart of Te Anau's commercial precinct

For Sale by Deadline Private Treaty, closing Tuesday 14 May at 4pm (unless sold prior).

For more information, to book an inspection, or access the secure dataroom please contact sole agents Rory O'Donnell or Mark Simpson.

Listing ID: 42555180

AFFORDABLE RETAIL UNIT IN HIGH GROWTH LOCATION

For sale by deadline private treaty closing 4:00pm, Thursday 23 May 2024 at Level 3, 50 Kitchener Street, Auckland Central (unless sold prior).

This is a fantastic opportunity for owner-occupiers and add-value investors to secure a retail unit in a location that is set to benefit massively from the completion of the City Rail Link, with the unit in close proximity and en route to the new Te Waihorotiu station (Aotea).

The property comprises a 29m² vacant retail unit situated on the ground floor of the Barclay Suites Apartments in the heart of the CBD. The retail unit is a modern clean and tidy space with a high stud, polished concrete flooring and large display windows. The location of the retail unit benefits from a consistent and stable customer base from the 110 apartments above, along with the strong foot traffic from passer-by’s.

The Barclay Suites provides quality hotel accommodation strategically situated in the CBD close to Queen Street, one block from SkyCity, and a few blocks from the Viaduct and Britomart.

The property is for sale with vacant possession providing owner-occupiers and investors the opportunity to secure their own premises in the CBD with substantial upside from the completion of the City Rail Link.

• 29m² retail unit
• Vacant
• Flexible uses
• Owner-occupier / add-value
• Strategic location in the heart of CBD and close to the new Te Waihorotiu station (Aotea)
• Call now for more details

Listing ID: 42555238

SUBWAY RETAIL INVESTMENT OPPOSITE CRL ENTRANCE

For sale by deadline private treaty closing 4:00pm, Thursday 23 May 2024 at Level 3, 50 Kitchener Street, Auckland Central (unless sold prior).

Incredible opportunity to purchase an affordable retail unit in the heart of the CBD, opposite the entrance to Beresford Square train station, part of the City Rail Link.

The strategically positioned unit comprises approximately 97m² and is situated on the ground floor of the Chatham Apartment building on Pitt Street, just off Karangahape Road. The unit is occupied by a long-standing tenant, Subway, who have been in occupation since 2014 with an annual rental of $39,932 per annum.

This is a must-see for investors seeking an affordable passive investment with long-term upside from the completion of the City Rail Link.

• 97m² retail unit
• $39,932 rental per annum from long-standing tenant operating as Subway
• Fantastic CBD location, a stone's throw from Karangahape Road
• Opposite entrance to Beresford Square train station, part of the City Rail Link
• High growth location
• Call now for more details

Listing ID: 42555461

Leased Investment with Scale & Development Upside

Colliers is proud to present this unique investment offering to the market. The property is underpinned by a significant land holding and is leased to well-recognised New Zealand manufacturer Hallmark Group. Hallmark is a leader in the door manufacturing industry and has committed to a long term lease.

The property lies on an impressive 12,597 sq m of land. It has high profile to Flaxton Road, with easy access and ample car park spaces. The site has dual access and connection to Todds Road, making vehicle movements seamless. The property benefits from low site coverage and has an abundance of yard / excess land which could provide a platform for future development to generate further rental income.

The main two level office block has been recently fully upgraded and is modern and high spec. The buildings on-site feature multiple warehouses & workshops, modern office space and numerous sets of staff amenities and kitchens.

The property is located in the heart of Rangiora's rapidly growing industrial precinct.

Hallmark has committed to a new lease with passing annual income of $420,000 + GST+ OPEX. The lease features strong fixed annual rental growth.

For sale by Deadline Private Treaty: 4pm, Thu 30 May 2024 (unless sold prior).

Call the sole agents to request further information or a site inspection.

*Boundary lines are indicative only.

Features:

• Land area: 12,597 sq m
• Net lettable area: 3,258 sq m
• Passing income: $420,000 + GST + OPEX
• Brand new 5 year lease with Rights of Renewal
• Fixed rental increases of 2.75% annually
• Quality tenanted investment + development upside

More information: https://www.colliers.co.nz/p-NZL67028494

Listing ID: 42555497

SIMPLE CONSTRUCTION, STRATEGIC POSITION

Welcome to 18 Coopers Drive, Coopers Beach, an exceptional commercial property currently leased to Doubtless Beauty Retreat.

This property offers an attractive proposition with a lease agreement in place until December 2027, providing stability and income for prospective buyers. The property consists of a welcoming reception area, staffroom, and five treatment rooms, all painted in a fresh, bright white, along with two bathrooms, and ample parking directly outside. The building was previously used as a medical centre and could also suit other professional office or retail uses. When the property was built, it was constructed to allow the potential of another floor ontop.

This property presents an excellent opportunity in a sought-after location. Whether you're an experienced investor looking to expand your portfolio or a owner occupier seeking a future premises, 18 Coopers Drive offers both security and potential for future growth.

KEY FEATURES:

• Sought-after location in the Coopers Beach Retail Hub
• Five treatment rooms, two bathrooms and designated Staffroom
• Concrete block construction with clean, fresh Interior
• Ample parking
• All internal fitout, including heat pumps, belong to the Landlord

Lease Details:

Final Expiry - December 2027

Seize the opportunity to own a prime commercial property, contact us today to arrange a viewing or for further details.

Listing ID: 42555512

TENANTED INVESTMENT OPPORTUNITY

2 Clifford Street is an exceptional two-storey investment. This commercial property boasts a 380m² Freehold land area and the ground floor has been recently refurbished and is tenanted by Whitelaw Weber Limited, a reputable accounting tenant. 

The first floor has been left vacant for a purchaser to choose how to utilise the space and is comprised of five offices, a bathroom, kitchenette and breakroom with access via a wide stairwell from the street. 

Key Features:

•    Freehold land area of 380m²

•    Ground floor returning $23,000 + Outgoings + GST per annum

•    Ample off-street parking

•    Recently refurbished ground floor offices with modern joinery and carpet

•    Both floors feature a bathroom and well-equipped kitchenette/breakout area

For more information or to arrange a viewing, contact the listing agent.

Listing ID: 42555553

CLASSIC BOTTOM DRAWER INVESTMENT

• 538sqm of modern industrial building floor area sitting on 1,441sqm of fully-fenced and sealed land.

• Existing lease to June 2025 plus tenant has rights of renewal.

• Constructed in 2016 the building is well presented with excellent parking/surplus yard.

• Super convenient location – close to the CBD, Waikato Hospital, and SH1C.

For Sale by Tender closing 4:00pm Thursday 23rd of May 2024 (unless sold prior)

Listing ID: 42555874

10% RETURN ON THE ASKING PRICE

This property is conveniently located within the Kaikohe CBD on the main retail strip Broadway, with a rear access off Routley Avenue. The property is currently configured as two tenancy areas. The rear portion of the property is tenanted by GP Electrical Services a comprises a workshop, large canopy area and a generous amount of yard area. The front of the property is tenanted by the Haiwaiki Aio Trust, utilising their premises as a gym and a sewing workshop. The front yard is used for parking. OneNZ (previously Vodafone) pay $10,000 per annum to have a utilities mast at the rear of the property. Enquire for a information pack on the total rental breakdown.

• Freehold land area: 2,827m²
• Floor area: 990m² (approx.) (third party info)
• High visibility property on Kaikohe’s main retail strip
• Priced to Sell.

For more information, or to arrange a viewing, contact the listing agent.

Listing ID: 42555985

Owner occupier office – with surplus cash flow!

Colliers presents 81 Riccarton Road, Riccarton, Christchurch, to the market for sale. Forget all previous marketing the vendors have instructed us to sell this add value opportunity on Riccarton Road.

The opportunity comprises a high profile, two-level commercial retail and office building being extensively refurbished over the years, including an exterior face-lift in 2018.

Formerly occupied by the Bank of New Zealand the building now offers a quality diverse mix of tenancies over ground and first floor.

Subdivided into six tenancies, three per floor, the property is well leased with only two current vacancies, however there is opportunity for a potential owner occupier to secure further space on the first floor with the added benefit of significant cash flow from the balance of the building.

The property has ample car parks (total 32) at the rear of the building accessed off Picton Avenue making it desirable to future office tenants that require the parking.

This high profile fronting mixed use asset is not to be missed. The vendors are motivated and realistic about selling in the current market which will allow the incoming purchaser the opportunity to purchase well and secure a quality asset with the ability to add value immediately and in the future. 

For sale by negotiation.

*Boundary lines are indicative only.

Features:

• High profile retail/office location
• Exposure to over 20,000 + vehicles per day
• 32 onsite car parks
• Close to Westfield Shopping Centre
• Significant net income
• Tidy and fully refurbished providing good quality retail and office space
• Multiple tenants providing good spread of risk
• Add value/high yielding opportunity

More information: https://www.colliers.co.nz/p-NZL67028416

Listing ID: 42556125

Premium Bite Sized CBD Retail Investment

JLL has been exclusively appointed to the market for sale 55B High Street, Auckland City by way of Auction at 10:30am, Thursday 23rd May 2024 (unless sold prior) at Level 16, HSBC Tower, 188 Quay Street, Auckland CBD, 1010.

Key Features:

• Approximately 67 sqm of retail space
• High profile CBD location being one of Auckland’s busiest retail strips
• Tenanted investment with long term tenant with multiple store locations
• Current Lease Expiry 19th August 2027 with right of renewal for six (6) Years
• Passing Rental $68,000.00 + GST (Contract Rental $70,747.20 + GST)

Superbly located along this significant CBD walking street, 55B High Street benefits from an unparalleled level of profile onto one of Auckland’s most prominent boutique retail strips. With plenty of amenity within the immediate locale, this tenanted investment offers excellent upside those wishing to take advantage of the thriving CBD retail market.​ There are numerous transport options within walking distance, with Britomart Train Station, Auckland Downtown ferry terminal and numerous bus routes servicing the immediate Auckland CBD.

For more information regarding this tenanted investment, please contact the exclusive selling agents below to arrange an inspection or a copy of the Information Memorandum.

Listing ID: 42556272

Owner occupier opportunity

If you’re searching for commercial offices, consultancy rooms, residential or the flexibility of both uses, look no further than this prime fringe CBD offering. Land area of 511sqm (more or less) and zoned medium density residential.

Holding income on offer from the in-situ tenant and currently utilised as professional offices, this well-maintained Bungalow features individual offices, large reception area, disabled access, staff amenities, single garage and on-site parking. With the attractive street appeal and high profile to State Highway Street 3, this is an outstanding opportunity for owner-occupiers and investors alike.

Price by negotiation.

Call now for your appointment to view.

Listing ID: 42559016

Unit For Sale - Occupy or Invest

Unit 2, 27 Waterman Place, Ferrymead, is offered for sale with vacant possession, and will appeal to the owner occupiers or the prudent investor looking for a versatile space in this popular location.

Features Include:

• 2 levels that can be leased separately with each area being alarmed
  
• Both areas are open plan with amenities in each
  
• Total building size is approximately 136m²
  
• The unit has two car parks, and a loading bay area
  

Please call the Sole Agent, Penny Shrimpton 027 292 8899, for further information.

Listing ID: 42560090

BETTER THAN BANK RETURNS?

• Well-located industrial investment just a couple of minutes from the CBD and SH1C.

• Approximately 1,630sqm of total floor area split into four tenancies.

• Comprising of 2,276sqm of freehold land on multiple titles.

• NBS ratings 50 and 67% and WALT of 3.8 years.

For Sale by Tender (unless sold prior) closing 4:00pm 29th of May 2024.

Listing ID: 42560096

INTERESTING OPPORTUNITY

* Currently leased until July 2026 with possible renewals.

• This building has been determined by MDC as earthquake prone but has a good time buffer until 2035 to either carry out strengthening work or redevelop.
  
• Current rental is $43,500 plus outgoings and gst.
  
• Land area 635m2
  
• Building size 580m2 which may include basement area (to be confirmed)
  
• Access to the rear of the property is by way of service lane from Dixon Street
  
• Latest Capital Value $450,000
  

To request an info pack, discuss or view contact David or Ben

Listing ID: 42564045

ENTRY FREEHOLD INTO WESTMERE

• Vacant 60m² Freehold unit

• Two secure on-site car parks
• Boutique high stud New York loft-style look and feel
• Fantastic, peaceful urban location and near plenty of local amenities

This boutique New York loft-style investment or occupier opportunity comprises 60m² of open-plan layout with a mezzanine floor and amenities.

Positioned neighbouring the Grey Lynn Woolworths, this location provides an easy walk to Richmond Road, Hukanui Reserve and West Lynn shops.

Contact the sole agent below for your information pack today!

For sale by deadline private treaty closing 2:00pm, Thursday 30 May 2024 at Level 3, 50 Kitchener Street, Auckland Central (unless sold prior).

Listing ID: 42564164

Multi-tenancy heritage

Victoria Court, central to Victoria Avenue Whanganui, is a heritage building with a difference. Built in 1919/1920, this Class B grand old lady was constructed in two identical halves, with the exception of the front facades, one Ionic, the other Corinthian. A central glass roof courtyard is surrounded by various business types, internal stairways provide access to the upper floor. The property offers walk-through from Victoria Avenue to Watt Street. Internally, there have been alterations in 1981-1982 and again in 2018, while the balance maintains its original character, with feature timber paneling and old world style. From cellar to rooftop, this building exudes interest! There are currently 12 tenants comprised of retail, hospitality, professional and consultancy. Current net rental $94,000. Land area 1,012 m2 (approx), building floor area 1,084 m2 (approx). For sale by Tender, all offers to be received by 12.30pm, Wednesday 12 June 2024 (won't be sold prior).

Listing ID: 42564166

Tenanted investment, standout location

Bayleys is pleased to present 18 Parkhouse Road, Sockburn to the market for sale.

With premium profile and an award-winning tenant in occupation on site, this is an investment opportunity not to be missed.

Consisting of approx. 1,146sqm of mixed use factory space and warehousing with amenities followed by a freehold land parcel of approx. 2,993sqm.

Quality tenanted food grade assets are few and far between in the current market and this is your opportunity for adding a higher-grade facility into your portfolio.

Core Highlights:

• 2,993 sqm freehold site approx.
• 1,146 sqm floor area approx.
• Over $166,000 net income (next CPI review 9th Dec 2024)
• MPI approved facility
• Tightly held location
• Secured parking with sealed yard area
• Industrial General zoning

The property is for sale by Deadline Private Treaty (unless sold prior) closing 4.00pm Wednesday the 11th June 2024.

For any further information you may require, please contact the sole agent today.

Listing ID: 42564301

Vacant possession, MPI approved factory

Bayleys is pleased to present 167 Hororata Road, Hororata to the market for sale.

Excellent profile with multiple buildings on site, including a well-presented food grade factory suited to processing a variety of food grade products.

This opportunity will appeal to owner occupiers looking to start or house their existing business, also suitable for add value investors who see further potential in the property and maximising the land holding further.

Consisting of approx. 1,084sqm of mixed use space across the site with a freehold land parcel of approx. 6,436sqm. An extensive equipment list that can be included is also available by negotiation.

Factory assets in good condition are hard to come by currently and this is an excellent opportunity to be seriously considered.

Core Highlights:

• 6,436 sqm freehold site (approx.)
• 1,084 sqm floor area (approx.)
• MPI approved factory facility
• Suitable for owner occupiers and add value investors alike
• On site residential home formally used as an office
• On site modern workshop/storage shed

The property is for sale by Deadline Private Treaty (unless sold prior) closing 4.00pm Wednesday the 12th June 2024.

For any further information you may require, please contact the sole agent today.

Listing ID: 42564542

CBD Investment

199 Hardy Street is a very special shop. It is one of the best located large format retail shops in the CBD making it both rare and sought after.

- Hardy Street CBD Nelson - main cross street with Trafalgar Street.

- Prime Retail with nearby Hospitality and Banks.

- Two Dollar Things - Nationwide Tenant.

- 504sqm Retail Premises - one of the largest shops in the CBD.

- Net rent $101,600 + Outgoings + GST.

- Earthquake Strengthening completed 2018 and 70% NBS noted.

Viewings are by appointment only so do not hesitate and contact Geoff now to arrange an inspection.

Deadline Private Treaty (unless sold prior)

Closing on Wednesday 12 June 2024 at 3pm

241 Hardy Street, Level 3, Nelson 7010

*land & floor areas are approx. only
 

More information: https://www.colliers.co.nz/p-NZL67028620