Commercial property for sale

Listing ID: 42579525

Must Go - Repurposed Control Tower

NAI Harcourts are proud to present the repurposed airtraffic control tower of the Whangarei airport to the market for sale.
This is your chance to purchase an investment at 10% return or better, as the vendor has interests elsewhere.

The property covers approx. 336 sqm and is set up as spacious offices and meeting rooms with expansive views of the airport and surrounds.

This leasehold investment is offered with a commitment from WDC to vary or provide a new 12-year ground lease. Currently the property earns $26,000+gst net annually from the Northern Rescue Helicopter Limited. The ground lease rent is recovered from the tenant.

This investment is not limited to airport related industries but will interest those with an aviation connection as the property is right on the airport apron.

Contact us today as the vendor wishes to pursue another venture and want the property sold!

Listing ID: 42583344

High Yielding Industrial Opportunity

This is an excellent opportunity to purchase a significant industrial property within an established location in Alexandra. The property is a corner site held within three separate title identifiers with a total land area of 7586sqm (more or less). The anchor tenant is part of Foodstuffs South Island plus there is an Allied Fuel Stop at the front of the property. The property provides large buildings on either boundary with easy access onto a central turning courtyard plus additional carparking at the front of the property. The property has further development potential with an excellent holding income.

Investment Highlights:

• Anchor Tennant part of Food Stuffs South Island
• Three Separate Title Identifiers
• Corner site with a total area of 7,586 sqm (more or less)
• Further development potential
• Two separate buildings totaling 2250 sqm (more or less)
• Current net rental income of $189,430 plus GST

The information memorandum provides preliminary information to assist interested parties with their assessment of the property.

All enquiries, requests for information and arrangements to undertake inspections in relation to this opportunity are to be directed to the sole agents, Roger Ellis and Geoff McElrea.

The property is being offered For Sale by Deadline Private Treaty closing 4pm Thursday the 18th July 2023 (unless sold prior).

Listing ID: 42583713

Strategic commercial asset - Prime Cameron Rd

This prime commercial property is strategically located on the highly sought-after fringe office area of Tauranga city. Benefiting from major redevelopment projects revitalising the city center, this site offers an excellent investment opportunity in a thriving urban environment. With a frontage on Cameron Road and convenient rear onsite parking accessible via WestBay Lane, this property combines accessibility and visibility in one of Taurangas core transport corridors.

The property features a well-presented, two-level commercial building with an A grade / 90% NBS seismic rating, ensuring stability and peace of mind for investors. The ground floor is tenanted by The Kitchen Studio, a national franchise, while the first level is occupied by GPS IT, their lease has a six month break clause which allows for owner occupier opportunity too. These established tenants provide a solid income stream, with the current annual net rental income amounting to $109,000 plus GST and operating expenses.

Spanning a land area of approximately 460sqm, the property is zoned within the City Centre Business Zone, offering future redevelopment potential up to 19 meters. The building itself covers a gross floor area of approximately 390sqm, making it a significant presence in the commercial precinct. The proximity to key arterial routes and the ongoing growth and transformation of downtown Tauranga further enhance the attractiveness of this investment.

For astute investors seeking a long-term hold with the potential for future rental growth, this property represents an affordable, split-risk asset. It is a proven income earner with strong tenant demand in the area. Don't miss this rare chance to acquire a valuable asset in one of Taurangas most coveted locations. For more information or to arrange a viewing, please contact Duncan.

Features:

• Land area 460sqm (more or less)
• Building area 390sqm (approximately)
• Current annual net rental $109,000 + GST & Opex
• A Grade building - 90% NBS
• Sought after location

More information: https://www.colliers.co.nz/p-NZL67029297

Listing ID: 42586366

Rare opportunity - Airport Oaks industrial unit

• Functional bite-sized industrial unit 290sqm (approximately)
• Clear span warehouse with minimal office
• Vacant possession, invest or occupy!

Located on the corner of Andrew Baxter Drive and Brigade Road, this fully refurbished industrial unit is the opportunity you have been looking for. Airport Oaks is a highly sought after location with owners rarely selling their prime assets.

This well presented unit is situated within a four-unit development and is configured with a full height roller door leading to a clear span, good-stud warehouse. Office and amenities are provided over two levels, and the unit includes a generous four allocated car parks.

For more information, contact the agents below.

Karl Price
021 552 503
karl.price@bayleys.co.nz

Greg Hall
021 023 21884
greg.hall@bayleys.co.nz

Listing ID: 42586789

Receivership sale: consented childcare centre

8 Spedding Road, Tikipunga

•Receivership sale of a freehold property currently operating as childcare centres under the brand Three Little Birds
•8 Spedding Road, Tikipunga: land area measuring 1,012 square metres (more or less) with a converted dwelling
•Operating as a childcare centre consented for up to 40 children
•Zoned Medium Density Residential under the Whangārei District Plan

Bayleys in the North have been appointed on behalf of receivers to sell 8 Spedding Road, Tikipunga by Tender (unless sold or withdrawn prior) closing on 10 July 2024.

Presenting a freehold property operating as a licensed childcare centre consented for up to 40 children now for sale.

8 Spedding Road, Tikipunga is a substantial 1,012 square metre (more or less) property currently operating as Three Little Birds childcare. The property includes a dwelling purpose-converted for early childhood education use with a large fenced outdoor play area and a sealed off-street car park.

The property is underpinned by Medium Density Residential zoning under the Whangārei District Plan.

The property is not currently subject to any lease interests with the occupier and the sale will be subject to the terms of the Tender Agreement, available upon request.

8 Spedding Road is for sale in conjunction with 10 Spedding Road, an adjoining residential property, under instructions of an appointed receiver.

The properties are for sale together or individually.

Listing ID: 42586827

AIWI Hotel - occupy or redevelop

Colliers presents 106 Mandeville Street, Riccarton, Christchurch, to the market for sale.

This former hotel presents a compelling prospect for hoteliers, investors and developers seeking to capitalise on its vast potential. Offering 45 guestrooms with bathrooms (full chattels). 

Set on a generous 4,417sq m of Residential Medium Density land with an approximate floor area of 1,710sq m, the site offers ample space for diverse ventures. Its facilities include a spacious dining and bar area, a full commercial kitchen and a laundry area, catering to a wide range of needs. Ample onsite parking further enhances its appeal to guests. 

The propertys prime location and expansive size make it ideal for refurbishment or full-scale redevelopment. Sold on an as is, where is basis, this vacant hotel sale presents a rare opportunity in the market. 

Dont overlook this rare opportunity - contact the sole agents today to further discuss or arrange a viewing. 

For sale by Deadline Private Treaty closing 4pm, Thursday 18 July 2024 (unless sold prior).

*Boundary lines are indicative only.

Features:

• Significant land holding of 4,417sq m
• Excellent location - walking distance to Westfield Mall and Hagley Park
• Relatively regular shaped site
• Residential Medium Density (RMD)
• 1,710sq m floor area
• Refurbish or redevelop
• Add value opportunity
• Sold on as is , where is basis
• 45 rooms - full chattels
• Vacant site

More information: https://www.colliers.co.nz/p-NZL67029040

Listing ID: 42587669

High Profile Modern Investment

CBRE is pleased to market 506 Blenheim Road, Sockburn for sale.

Well-located on Blenheim Road, this high-profile modern property offers a diversified tenant mix, making it a secure investment option for those looking to spread their risk.

Comprising two unit titles, one on the ground floor and another on the first floor.

Property highlights:
Good mix of tenants to spread risk
Conservative rentals: $85,896pa + GST (net)
Two unit titles 438sqm* floor area in total
High profile
Low maintenance
On-site car parking
Price by Negotiation

*Approx.

Contact Paul Brown for more information or to arrange a viewing.

Listing ID: 42587816

Fresh start prime industrial site

Located in close proximity to the new port development, this prime piece of land of approximately 1,012 m2 (subject to final survey) would be a great start for a small business to get onto the commercial land ownership ladder. The section comes with a Geotech report completed by our client for a prospective new build if required. With easy access to State Highway 3 and being close to Mosston Road, what more do you need? Some conditions apply. Call today, this one is expected to sell fast.

Listing ID: 42587853

Stabilised Long-Lease Income with Market Growth

Social housing development consisting of 75 modern units positioned within five individually titled buildings. The buildings are each made up of three levels, with each level consisting of 5 studio units, along with common facilities. The asset further provides seven associated carparks and 12 bike parks.

Recently completed in mid-2023, the opportunity provides investors with near new improvements leased to a single tenant, subject to a long-lease, that is supported by investment fundamentals.

The property totals 2,031sqm of land area with a total gross lettable area of 2,527sqm. The site benefits from being zoned Residential Terrace Housing and Apartment Building Zone.

• Fee Simple
• 75 units across five recently constructed and individually titled buildings
• Single tenant occupancy, with a semi-gross headlease (Lessor to pay rates)
• $1.638m per annum contact income, with market based reviews
• Underpinned by a long-term lease with a 9.2 year WALT
• Fully furnished units
• Opportunity to purchase individual buildings or as a portfolio of 5 buildings

118 Browns Road, Manurewa is offered for sale by way of a Deadline Private Treaty campaign, closing Thursday 11 July 2024 at 4:00pm NZST (unless sold prior).

Listing ID: 42587874

51 room accommodation block - future cash cow

Colliers presents 9 Patten Street, Avonside, Christchurch, to the market for sale. This is a unique opportunity for investors and the value add buyer looking to secure a significant existing 51 room accommodation complex nearing completion, underpinned by a substantial land holding. 

Nestled in the picturesque heart of Avonside, this remarkable opportunity presents an unparalleled chance to acquire 4,043 sq m of prime land along with the 51-bedroom St James Rest Home. Following its closure after the earthquakes, this property now stands as a blank canvas awaiting your visionary touch. 

Bedroom Breakdown
• 17 x King sized rooms with ensuites
• 5 x King Rooms with shared bathroom facilities
• 4 x Queen rooms with ensuites
• 4 x Queen rooms with shared bathroom facilities
• 4 x Single rooms with ensuites
• 17 x Single rooms with shared bathroom facilities 

Whether turning the property into a room by room rental to secure good cashflow or retaining and leasing to an operator, the future of 9 Patten Street looks bright. 

The property has undergone significant renovations in recent years, including relevelling by the reputable Smartlift, as well as rewiring and replumbing. However, with a shift in strategy, the sellers are now offering the consented project to a new developer or investor who can recognise the value of the completed work and has the vision to complete the project. 

We highly recommend scheduling a viewing with the appointed agents to fully appreciate the potential and extensive improvements that are ready for someone to execute.The Vendor is happy to sell in its current as is insured state, or agree a build contract to complete project for an approved incoming Purchaser. Flexibility in terms of purchase options available subject to agreement on price and suitable terms. 

For sale by Deadline Private Treaty closing 4pm, Wednesday 10 July 2024 (unless sold prior).

*Boundary lines are indicative only.

Features:

• 51 rooms total
• Exceptional value add opportunity
• Large underlying residential land holding
• Prior use medical and aged care
• Recent consent to boarding house
• 24 parks to be formed
• 25 of the 51 rooms have en-suites
• Insured, partially completed

More information: https://www.colliers.co.nz/p-NZL67029426

Listing ID: 42588002

Prime Industrial with Vacant Posession

NAI Harcourts are proud to exclusively bring to market, unit 2/3, 3 Emirali Road, Silverdale. This modern industrial unit will be sold with vacant possession and would make for the perfect distribution hub or tradesmen's unit.

This high-spec unit is situated within an exclusive, 13-unit development originally constructed in 2019 by Kea Property Group. The unit is presented in "as new" condition and includes quality construction elements throughout. Full-height tinted glass windows in the north facing office and showroom give the building a premium aesthetic. The clear span, tilt slab warehouse is configured in a functional, L-shape and has a stud height of approximately 5.5m. The 22.7sqm canopy makes dispatch possible in all weather conditions.

The surrounding locality includes a mix of industrial and bulk retail businesses such as Mitre 10, Mighty Ape, Wet & Forget and John Deere. The Millwater motorway interchange and the Silverdale Centre are both located only 3 minutes' drive away. Surrounding infrastructure upgrades include the overpass linking Milldale seamlessly to Highgate Parkway.

Total building: 253sqm (approx.), configured as:

• Warehouse: 152sqm (approx.)
• Office (two levels): 101sqm (approx.)
• Canopy: 22.7sqm (approx.)
• 4 allocated carparks

** Vacant possession provided upon settlement.

For more information and an appointment to view, please contact the sole agents at NAI Harcourts Cooper & Co today.

Listing ID: 42589126

$1 reserve auctions - these units must sell!

•Vendor says liquidate. Consider owner occupier options, or add to your property portfolio and explore add value opportunities
•$1 Reserve Auction for a 370sqm supermarket/retail premises, including 2 basement car parks, 46sqm of basement storage and 6 merchandising spaces
•$1 Reserve Auction for Level 1 office/destination retail or storage units, with packages starting from 34sqm
•Central Manukau location with excellent surrounding amenities and public transport facilities, located directly across from Manukau Bus Station and Manukau Train Station

A clear instruction from the vendor these units are surplus to requirements and will be sold. Choose from various options on offer (to be sold with either vacant possession or short term holding income), including a sizeable vacant ground floor unit with storage and 2 car parks suitable for a range of uses (with loading bay access) including supermarket/convenience store, general retail, office, health/fitness, showroom, community/church and potentially light food and beverage, plus various packages of Level 1 units suitable for office, destination retail (e.g. beauty/services) or storage.


A central Manukau location with excellent surrounding amenities, the properties are situated in MCentral, a modern mixed use complex rejuvenated in 2015. A range of amenities are situated within close proximity including the University of Auckland South Auckland campus, Manukau Institute of Technology, Westfield Manukau Shopping Centre. 12 residential/office buildings, plus Manukau Bus Station (directly across the street) and Manukau Train Station all within 250 metres from the building.

A unique purchasing opportunity that is not to be missed these will be sold.

Listing ID: 42591606

A Ponsonby standout

Welcome to Rose Alley at 5 Rose Road, Ponsonbya strategically located and architecturally designed hospitality laneway and office suites now available for purchase. This premier asset offers discerning buyers an exceptional opportunity to acquire a meticulously refurbished property in a rapidly developing area.

Highlights:

• Versatile Space: Spanning an impressive 508sqm on a 379sqm freehold site, this two-level standalone building has been meticulously refurbished to the highest standards, offering a versatile mix of hospitality, retail, and office.

• Seismic Rating: The property boasts an A-grade seismic rating of 100% NBS, ensuring safety and compliance.

• Diversified and Consistent Income Streams: Rose Alley generates $253,240 plus GST and Opex per annum from 9 separate income streams, with potential for more.

• Strategic Location: Positioned just off Ponsonby Road and directly opposite the Ponsonby Countdown supermarket, 5 Rose Road enjoys a high-profile location in a vibrant and evolving precinct. The area is experiencing significant growth with ongoing developments such as Vinegar Lane, the newly completed Greenhouse apartments, and Rose Road apartments, enhancing its appeal and potential for future value appreciation.

• Zoning: 5 Rose Road is zoned Business Town Centre under the Auckland Unitary Plan, allowing for a mix of commercial, retail, hospitality, and residential activities.

JLL is pleased to offer this strategic and versatile freehold property for sale, with offers closing at 12pm on Thursday, 18th July 2024 (unless sold prior).

Rose Alley is more than just a property; it's a rare find in a tightly held market. This premier Ponsonby standalone offers an unmatched opportunity to capitalize on a meticulously refurbished space in a prime growth location. Don't miss out on making this stunning property part of your portfolio.

**Ideal For: Passive investors, hospitality operators, local investors, and family offices. All must inspect.

Listing ID: 42591620

Develop or occupy with community use

Colliers presents 306 Waterloo Road, Hornby, Christchurch, to the market for sale.

Unlock the potential of this ideal development site, providing dual street frontage and on a corner position, with a generous land area of 921 sq m. Zoned for Residential Medium Density, this property offers visionaries an excellent opportunity to create a unique project in the heart of Hornby.

Currently tenanted on a month-to-month basis, this also allows a community or religious group to maximise the current propertys potential. 

With limited community and religious use opportunities on the market, dont miss out on this rare chance to secure if you are looking for a community hub, or a place of worship, all within a thriving and growing area of Hornby.

Sold on a plus GST if any basis.

For sale by Deadline Private Treaty closing 4pm, Tuesday 23 July 2024 (unless sold prior).

*Boundary lines are indicative only.

Features:

• Add value opportunity
• Limited community and religious options on market
• Potential development site
• Residential Medium Density Zone (RMD)
• Dual street frontage
• Tenants on month to month
• Good corner profile and street frontage
• Freehold title
• Land area 921 sq m
• Floor area 220 sq m

More information: https://www.colliers.co.nz/p-NZL67029335

Listing ID: 42591622

Fully Leased Glenda Drive Industrial Investment

Situated on a 843sq m site, this property offers a well positioned industrial building offering a showroom/office fronting Glenda Drive, with three separate workshop areas to the rear and a first floor two bedroom flat. The balance of the site comprises of concrete yard and car parking.

The building is a total of 431sq m and is fully leased to two tenants returning $130,000 + GST p.a. The ground floor layout has a flexible configuration that is currently leased by one tenant, but was originally constructed to be three separate tenancies with each workshop area having its own roller door access.

Investment highlights:

• High profile position fronting Glenda Drive
• Fully leased returning $130,000 + OPEX & GST p.a.
• Potential income growth
• Tightly held area - freehold industrial property offerings through Frankton are scarce
• Flexible building configuration

This property is being offered For Sale by Deadline Private Treaty closing Wednesday 24 July 2024, at 4pm (unless sold prior).

Please contact Rory O'Donnell and James Valentine to arrange an inspection or to access the online data room for further information.

Listing ID: 42591654

Residential + commercial = 2 incomes

Seldom does an opportunity that offers a combination of a permitted two-bedroom light and bright residential dwelling upstairs and a sizable commercial premise downstairs, in a secure gated community, become available.

Unit 13 at 2 Northpoint Street, Plimmerton is that two storey opportunity. Affordable and attractive to a range of purchasers:

• Lease upstairs and downstairs (2 incomes)
• Live upstairs, lease downstairs
• Lease upstairs, work downstairs
• Live upstairs and heaps of room for the toys downstairs
• Use the entire premise for work

The upstairs permitted apartment is extremely well presented offering two bedrooms, bathroom/laundry, storage, and open plan kitchen living  with its own balcony offering views to the hills. 

There is plenty of natural light and sunshine in this apartment. Downstairs the commercial space measures internally approx. 11.5L x 5W x 4H with a 3.5M high roller door and a 23sqm (approx.) mezzanine storage level. This also has extra storage and its own w/c. The premises also has three carparks attached to its title. Both floors contain fire systems and independent alarm systems.

Northpoint street is well located with ease of access to Plimmerton beach, cafes, train station. Porirua and also the northern walkway directly behind that goes to Pukerua Bay and beyond.

The units at 2-4 Northpoint Street are tightly held and have proven to be very leasable.

This is an opportunity definitely worth consideration.

Call Vince for the Information Memorandum and arrange a viewing today.

Vince Southee on 021 242 1377 or 

email vince.southee@colliers.com

*Please note: all floor areas are approximates only.

Features:

• Mixed use - residential and commercial
• 2 bedroom upstairs apartment with balcony
• High stud commercial on ground floor
• 3 secure carparks included
• Concrete construction
• Investment or owner occupied
• Great location

More information: https://www.colliers.co.nz/p-NZL67029418

Listing ID: 42591935

Vendor Finance Available – Occupy or Invest

• Two-level office building of approx. 428sqm
• 20 On-site Car parks
• Freehold land approx. 886sqm, over two separate titles
• Holding income available from existing tenants on short lease terms
• Perfect for an owner occupier or add value investment opportunity
• Auckland Council has just gentrified Otahuhu with widening footpaths, underground power lines, a greener environment, new cycleways, etc
• Business Town Centre Zoning allows for redevelopment options now or in the future.
• Relatively flat contour with a good road profile for business signage
• Close to train station, bus routes, and motorway on/off ramps  
• Very low vacancy area for office or retail options
• Property is suitable for many different types of users including office, church groups, medical, educational centres, call centres, and more.
• Vendors are wanting to sell now as they move on to new ventures.

Multiple options are offered by this affordable well-positioned commercial office building with generous on-site car parking and great signage opportunities.

Whether you are tired of paying rent to your landlord and want to own your premises for your business or you are an add-value investor looking for an opportunity, this is a property not to miss.

This property is currently used for a commercial office and a church group upstairs but would suit multiple purchasers and business types.   

First time on the market in ten years, vendors are moving on and are offering vendor finance at attractive terms for the right purchaser to help for a smooth sale.  

CBRE is delighted to present 5-7 Princes Street to the market for sale via Deadline Private Treaty closing at 3:00pm on Wednesday 17 July 2024 (unless sold prior).

For more information or to arrange an inspection please call sole agents.

Listing ID: 42591938

Icon at the Gateway to Otahuhu Town Centre

• Calling owner occupiers or add-value investors an opportunity not to be missed!
• Fully tenanted corner building anchoring the entranceway to Otahuhu township.
• Tenants are all on short-term leases for holding income if required.
• Vendor finance is available on attractive terms to the right purchaser.
• Single-level office building of approx. 478sqm + 7 car parks.
• The tenants have occupied for many years and the anchor tenant is a local solicitor.
• Freehold land totaling approx. 764sqm.
• Generous business town centre zoning allows for redevelopment options now or in the future.
• Flat contour with outstanding street profile: This propertys flat contour ensures maximum visibility for business signage along both Great South Road and Princes Street.
• Close to train station, bus routes, and motorway on/off ramps.
• Auckland Council has just revitalised Otahuhu with widening footpaths, underground power lines, a greener environment, a new cycleway, etc.
• Vendors are wanting to sell now as they move on to new ventures.

Time to stop paying your landlord and invest in your future and the future of your business. Perfect opportunity to own and run your business from the highest profile building in Otahuhu.

If you are looking to invest and add value this property ticks all the boxes. Holding income available while you plan your makeover.

Multiple options are offered by this affordable property including redevelopment now or in the future with the broad business town centre zoning allowing for many different uses.

This property is currently used for multiple commercial office uses, most have been here for many years.
First time on the market in 24 years, vendors are generously offering vendor finance at attractive terms for the right purchaser to assist the sales process.

CBRE is delighted to present 214 Great South Road to the market for sale via Deadline Private Treaty closing 3:00pm on Wednesday 17 July 2024 (unless sold prior).

For more information or to arrange an inspection please call sole agents.

Listing ID: 42591947

Trophy Investment in Iconic Building

Positioned in the heart of Rangiora retail is an outstanding opportunity for you to secure the tastefully refurbished character building that was formerly the Rangiora Post Office.
With an outstanding corner profile to both foot and vehicle traffic, this high profile site offers a multi tenanted prime investment in a location where strategic investments such as this are tightly held and rarely available.
In brief:
- Land area: 837sqm approx.
- Building: 701.6 sqm
- Recently upgraded to 100% NBS rating
- Four quality long-term tenancies
- Heart of Rangiora retail
- Dual frontage offering corner exposure

Rangiora is known as a destination location with a variety of complimentary retail outlets, the town centre has a charming and welcoming atmosphere and it's a major service centre for the district of Waimakariri.
Expand your property portfolio into one of the fastest growing areas in New Zealand as North Canterbury continues to be a popular place to work and live.
NAI Harcourts agents Brian and Linda are delighted to offer this opportunity for genuine sale and further information will be provided upon completion of a Confidentiality Agreement.

To download further documentation on this property, please copy and paste the following link into your browser:
https://www.naiharcourts.co.nz/BF38899#documents

The floor areas are approximate only and have not been independently verified. We recommend the tenant seeks their own expert assessment from a suitably qualified professional.

Listing ID: 42592083

Liquidation Tender - Four Orchards

MUST SELL LIQUIDATION TENDER

•Low-cost entry for future avocado industry resurgence
•All four orchards or single orchard options
•Opportunity for lease of orchards to industry player
•Redevelopment for high yield production complete

Total orchard canopy is 33 hectares, of which 22 hectares have enjoyed significant capital redevelopment into a high density high production growing approach. These orchard blocks are on track for 20 ton plus per hectare production.

This is your opportunity to enter the industry or increase your current production level on favorable terms. At a level of capital likely to support attractive investment returns as the industry rebounds. As an added incentive an option exists for a new owner to lease the orchards to industry distribution entities.

This is a short duration tender closing on 24 July 2024.

If you are serious about investing in an industry for medium term capital and operating profit reward, contact me now for further property information.