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Commercial news

Marine navigation firm’s standout premises on the map for investors

The standout property housing a top electronic marine navigation provider and a groundbreaking bionics business has gone up for sale in a North Shore industrial hotspot.

Devonport character property for sale for first time in over 30 years

A Devonport character commercial property dating back to the turn of the 20th century with four established tenants is now for sale, as a private local investor divests the asset after 30-plus years of ownership.

Global search for buyers for St Heliers seafront development site

An international tender is underway to find buyers for a waterfront site ripe for redevelopment at a famed Auckland seaside location.

Developers eye myriad options for vacant central Takapuna site

A vibrant retail space, trendy eatery, modern boutique office hub or luxury accommodation are among the development possibilities mooted for a rare vacant site in Takapuna’s town centre.

High-yielding West Auckland tenanted industrial opportunity

As the Auckland region continues to experience a shortage of well-positioned heavy industrial-zoned land, investors will be tempted by a high-yielding freehold property with good scale in the West Auckland suburb of Glendene.

East Tamaki industrial site offers strategic investment with development potential

A substantial site anchored by multinational tenants is available for sale in a commanding location within a key Auckland industrial hub.

Heritage-layered former Newmarket Police Station precinct for sale

The land and buildings of Newmarket’s original police station, lock-up and sergeant’s residence dating back to the early-20th century are now for sale for the first time as the New Zealand Police cuts remaining ties with the site at 58 Remuera Road.

Parnell office with triple road frontage has favourable credentials

Billed as a “high-calibre city fringe opportunity not to be missed”, a five-level building one block back from busy Parnell Road is the sort of commercial stock that the traditional investment and visionary development market rallies for.

Strategically-located Grafton site to return to private ownership

A high-profile city-fringe 791sqm freehold parcel of land in Grafton, close to neighbouring Newmarket and with a great back story, is now for sale.

New industrial development on the right track

A new business hub in a South Waikato growth node is on the right track, providing industrial accommodation for investors and operators seeking premises with strategic logistical advantages.

Sweetheart character property in Victoria Quarter turns buyer heads

A standalone character building in a coveted area behind Victoria Park Market in Auckland’s centrally-located and evolving Victoria Quarter is for sale, with a boutique hair studio tenant now occupying the former warehouse.

Rosebank Road standalone light industrial offering attracts attention

A freehold standalone light industrial property with scale in West Auckland’s preferred Rosebank Road precinct is for sale as its long-term occupier relocates for expansion purposes.

Morningside industrial a bright investment

Large landholdings in the strategically-located city-fringe suburb of Morningside are tightly held by a collection of owners, elevating the value of emerging opportunities, Bayleys salespeople say.

New tenanted units offer investors a slice of Northwest growth zone

Three brand-new tenanted warehouse/business units for sale offer a unique investment in a premium gated development in one of Auckland’s key growth hotspots.

Award-winning sawtooth has bite

A high-profile commercial complex with a distinctive sawtooth roof design offers plenty of bite amid current market dynamics, Bayleys salespeople say.

Hotel conversion mooted for inner city office/apartment block

A hotel conversion or redevelopment with a taller building are among options mooted for a five-level office and accommodation block for sale next door to Wellington’s new convention centre.

Petone property offers investors fuel for thought

A strategically-located Petone site billed as an industrial investment opportunity with returns to rival money in the bank, rental upside, and strong underlying land credentials, is for sale.

Centuria sees investment opportunity in growing self-storage demand

One of New Zealand’s leading property fund managers has identified growth opportunities in the self-storage sector driven by increasing population density, lifestyle trends, a rapidly ageing population, and more frequent extreme weather events.

Dual frontage and double the mixed-use opportunity

Two adjoining properties in the tightly held Mount Maunganui commercial precinct feature excellent locational fundamentals and attractive future development prospects, Bayleys salespeople say.

Two Ponsonby properties are a dual market delight

Two mixed-use properties in a prime Ponsonby location offer purchasers the chance to benefit from both commercial and residential market fundamentals.

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