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Colliers Portfolio
Issue 2
Premium commercial properties
presented by Colliers NZ
Featured Listings
FOR SALE
110 Symonds Street, Grafton
This is an opportunity to invest in a 10-level freehold commercial office building located in a gateway corridor to Auckland CBD. Situated on a highly prominent site, 110 Symonds Street includes 166 on-site car parks and is easily accessible with multiple access points into the site.
Some of the key features include:
- 8,729sqm – Net lettable area over 10 levels
- 1,852sqm – Total site area
- Circa $3,140,000 pa + GST – Estimated fully let income (approx.)
FOR SALE
18 Tamaki Drive, Okahu Bay
Colliers New Zealand is proud to present to the market the events centre known as ‘Okahu” for sale via Deadline Private Treaty closing 4pm, 5th May 2022. Literally hovering over the harbour Okahu is an extraordinary addition to the foreshore of the sparkling Waitemata Harbour.
Some key features include:
- Stunning Auckland City and Harbour views
- Recognised as one of Auckland’s premium events centres.
- Venue caters for up to 250 people
- Access to 54-108 car parks
FOR SALE
506 Eastbourne Street, Hastings
Purpose built in 2012, this modern office complex accommodates Ministry of Social Development, providing social welfare services through WINZ on ground floor and Oranga Tamariki on first floor. Split across two floors on two separate leases, this asset offers risk diversity.
Features:
- Two brand new leases
- 48 car parks on site
- 100% NBS
FOR SALE
15-29 Link Drive, Wairau Valley
Featuring national and international brands, wide motorway exposure, a large share of two titles with over 2.9 Hectares of mixed use land, easy rental upside and a fully tenanted popular development, 15-29 Link Drive really is a once in a lifetime opportunity!
Features:
- Returning approx. $2.8million pa net + GST
- 9 tenants across multiple buildings
- Annual or two yearly rent reviews
FOR SALE
43 Princes Street, Dunedin
Evan Parry House represents an opportunity to purchase a freehold add-value property in a profile position in Dunedin's central CBD (just off The Octagon). Evan Parry House is situated in close proximity to many other recognized office buildings, including; Forsyth Barr House, Burns House, DCC - Civic Centre, Otago House, ASB House, and many more.
Features:
• Site area of 495sqm (more or less)
• Freehold tenure
FOR SALE
507-510 Eastbourne Street, Hastings
This property is one of Hastings most significant commercial buildings. 507 & 510 Eastbourne Street West is located on the fringe of the Hastings CBD neighbouring the Pak n Save car park and adjacent to Government tenant Ministry of Social Development.
Features:
• Fully tenanted
• Net rental $389,196 + GST pa
• Well maintained office building
FOR SALE
88 Willowbank Avenue, Napier
A rare opportunity to acquire a greenfield development site in the centre of Napier’s expanding South.
Features
• One of the few remaining development sites in Napier
• Zoned Main Residential
• Potential to consider part commercial use
• Wide range of permitted activities
• Prime location and proximity to Napier City Centre
FOR LEASE
27 Nugent Street, Grafton
A state of the art, comprehensively refurbished three level building with striking appeal sums up our latest listing at 27 Nugent Street, Grafton.
Features:
• 675sqm Newly refurbished NLA
• 429sqm Freehold Site
• Extensive seismic upgrade complete
• 12 gated secure carparks
• Central to all motorway on/off ramps (State Highway 1)
FOR SALE
FOR SALE
Countdown Regent, Whangārei
Countdown Regent is a strong performing store and will be subject to a new 10-year lease-back to General Distributors Limited trading as Countdown, who are a subsidiary of ASX listed Woolworths Group (WOW.ASX).
Features:
- Estimated net Income - $1,414,000 + GST per annum (approx)
- Gross Floor Area - 3,785m²
- Site Area - 11,952m²
FOR SALE
Nesuto Stadium Apartment Hotel
Colliers presents Nesuto Stadium Hotel & Apartments - a high-quality hybrid accommodation building strategically located in the Auckland CBD. This building also has a unique management lease to a global tenant with performance-based return.
Features:
- Star rating: 4 star plus Qualmark rated
- Guest rooms: 244 guest rooms/apartments (100 self-contained one/two bedroom apartments and 144 hotel rooms)
FOR SALE
Travelodge Hotel Wellington
Located in the heart of the Wellington CBD, this popular 132 room 4-star Qualmark rated hotel is ideally located only a short walk from the Lambton Quay retail precinct and within close proximity to all of the City’s key demand drivers including the Government and Commercial Precincts, Westpac Stadium, major transport hubs and the Wellington Convention Centre (Tākina), which is due to open in 2023.
FOR SALE
71 Plunket Avenue, Manukau
High profile industrial investment on offer with a brand new 5 year lease in place to an established tenant (and cell tower) returning $434,000 net p.a + gst.
FOR SALE
5 City Road, Grafton
Located at the edge the Auckland’s ‘Learning Quarter’ on the fringe of the CBD, approximately 170m from Queen Street, 5 City Road is very well positioned.
FOR SALE
5G Cain Road, Penrose
Rarely do you get the opportunity to buy industrial investments of this nature in the heart of Penrose, long considered the premium industrial location in Auckland.
FOR SALE
45 Vanguard Street, Nelson
Guthrie Bowron is in the thriving residential building sector and has a good lease, having held the lease since 2011, over a decade in situ.
FOR SALE
190 Onehunga Mall Road, Onehunga
.190 Onehunga Mall will attract a purchaser looking for an affordable project in an up and coming fringe area.
Featured News & Research
New Zealand Research Report - April 2022
With light at the end of the tunnel shining brighter now that the Omicron peak has passed in an increasing number of countries, the conversation is inevitably turning to how its influence on property markets will impact future performance. What is becoming clear from the data we are collecting is that while some long-term...
One-of-a-kind on Ōrākei’s foreshore
An unrivalled property nestled on the Ōrākei foreshore and suspended over the Waitematā Harbour’s water edge is being presented to the market for the first time in 22 years. Well-known by many guests and passers-by from road and sea, the property at 18 Tamaki Drive, Ōrākei, known as the Okahu Events Centre in...
North Shore mega site set for sale
A large retail site that is home to a collection of high-profile tenants who are signed to long-term leases in a prominent location on the North Shore is being presented to the market in what shapes as one of this year’s most impressive purchasing opportunities. The offering at 15-29 Link Drive in Wairau Valley includes a large share...
Elevated opportunity on Symonds Street
A highly visible office tower that has undergone significant capital investment offers buyers of all kinds the opportunity to secure a premier central Auckland asset with future growth potential. 110 Symonds Street, Auckland is a 10-level commercial office building with two wings providing 8,729sq m of total net lettable area on...
ROGER SEAVILL
Director | North Shore
Direct Phone: +64 9 488 4787
Mobile Phone: +64 21 400 765
Shoneet.Chand@colliers.com
cHELSEA HERBERT
Director | North Shore
Direct Phone: +64 9 488 4785
Mobile Phone: +64 21 464 904
Matt.Prentice@colliers.com
LUKE BAIRD
Director | West Auckland
Direct Phone: +64 9 359 7964
Mobile Phone: +64 21 990 691
Josh.Coburn@colliers.com
jonathan lynch
Associate Director | Auckland CBD
Direct Phone: +64 9 358 9892
Mobile Phone: +64 21 900 611
Jonathan.Lynch@colliers.com
Dean humphries
National Director | Hotels
Direct Phone: +64 9 358 9896
Mobile Phone: +64 21 408 156
Dean.Humphries@colliers.com
dan moffitt
Sales Manager | Taupo
Direct Phone: +64 7 377 3925
Mobile Phone: +64 21 423 580
Dan.Moffitt@colliers.com
About Colliers
Colliers is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising people work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors.