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

9 Marjorie Jayne Crescent, Otahuhu

Situated 14km from Auckland’s CBD and 10km from Auckland International Airport, this property is in a well-established industrial and commercial location.

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.

68G Greenmount Drive, East Tamaki

Positioned in one of East Tamaki’s most sought after locations connecting Harris Road and Ti Rakau Drive, Greenmount Drive has always been one of East Tamaki’s most desirable locations.

FOR SALE

186-188 Onehunga Mall Road, Onehunga

Standing out among Onehunga’s bustling strip, this ornate heritage building at 186-188 Onehunga Mall offers a slice of history in a future growth area.

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

alice grey
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

Hugh milloy
Broker | Taupo

 

Mobile Phone: +64 21 901 390

Hugh.Milloy@colliers.com

hamish doig
Managing Director | Christchurch

 

Direct Phone: +64 3 365 7887

Mobile Phone: ​ +64 21 320 149

Hamish.Doig@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

barry robertson
Broker | Queenstown

 

Direct Phone: +64 3 450 0867

Mobile Phone: ​ +64 27 433 5941

Barry.Robertson@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.

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