Bayleys Real Estate Ltd
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Commercial news

Site for sale opens way for new entrant on vibrant Jackson Street

Petone’s vibrant Jackson Street commercial strip awaits its next major entrant as a high-profile premises goes up for sale.

Kaiwharawhara showroom and warehouse property for sale with vacant possession

A well-proportioned building with character and future upside in Kaiwharawhara is for lease or sale as the current tenant prepares to vacate the property with its lease ending 30th September 2024.

Buyers shift into high gear with Hornby investment

An architecturally designed post-earthquake industrial facility is generating interest among passive investors attracted to the size, location, and long-term lease to a multinational auto trader.

New Zealand industrial market update 2024

This report highlights that the industrial market remains tight, but some headwinds are arising with vacancies edging. With limited supply, more tenants are becoming owner-occupiers to improve security of tenure and mitigate rising rents.

Bidding starts at $1 for pivotally-located Manukau commercial units

Agents marketing commercial space within a high-profile Manukau tower have received clear instructions from the vendor that they will be sold and the auction reserve has been set at the peppercorn figure of $1.

Buyers study new options for landmark Tokoroa site

The famed former hotel that has for 20 years housed a leading Māori education provider is up for sale, heralding a new chapter for a Tokoroa landmark.

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Developers weigh options for key central Whanganui landholding

A destination retail development, inner city apartment complex or landmark mixed-use project are among possibilities mooted for a prime Whanganui site now up for sale.

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Distinctive Grey Lynn office rides transformation wave

Surrounded by a vibrant commercial precinct and high-density residential, a standalone commercial property on Grey Lynn’s northern slopes is poised for its next reinvention with preferable zoning fundamentals and a lease approaching its final expiry..

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The only motel in the village offers investment advantage

The only large-scale accommodation offering in Matakana Village has been placed on the market for sale, attracting attention from investors eager to capitalise on the strategic location as the gateway to Northern Auckland’s famed Matakana coastline.

Interest in alternative lenders rises

With banks rationalising their commercial real estate loan books, non-bank lenders are plugging a funding gap in the property development market.

Neighbourhood retail centre lures those shopping for resilient assets

A busy neighbourhood shopping centre in the West Auckland suburb of Kelston, with robust tenant covenants and favourable zoning that permits more intensive development activity, is for sale as its offshore owners’ plans change.

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Waikanae building with architectural and artistic provenance for sale

A distinctive Kāpiti Coast office and warehouse building designed by a well-known New Zealand architect in the 1980s for a Wellington-born artist, has been placed on the market for sale.

Private capital actively seeking a home

Private active capital is circulating in New Zealand at levels higher than last year according to Bayleys national director commercial and industrial, Ryan Johnson.

Provincial town’s multi-purpose retail and commercial premises for sale has a broad tenant mix with potential for expansion

The multi-purpose land and buildings housing a nationally branded gourmet sandwich outlet, a charity shop raising funds for destitute felines, a health and wellbeing treatment suite, and a storage locker business, have been placed on the market for sale.

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Building supplier’s retail premises goes up for sale under the hammer

The land and buildings housing a strategically located nationally branded building and construction supplies retailing business has been placed on the market for sale.

Grand heritage building lures buyers after eight-year renovation

The upcoming sale of one of Whanganui’s grandest Edwardian heritage buildings after an eight-year renovation is tipped to lure buyers from far beyond The River City.

Cutting edge chicken farm offers poultry in motion for buyers

A poultry farm with ‘best practice’ operations and top-of-the-line computerised control systems is up for sale as the industry is tipped for a momentous growth milestone.

Bayleys business finds strength in strategy with key appointment

Following its strategic acquisition of a boutique brokerage and business advisory firm, Rede, Bayleys’ business sales division continues strengthening its national offering with the key appointment of a new senior business broker.

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Parkside commercial offers potential for glamourous gains

Perched on the edge of a Remuera park gaining views out to Hobson Bay, one versatile commercial premises fully tenanted by two beauty businesses offers an attractive mix of investment fundamentals amid buyer interest for turnkey assets.

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Multi-tenanted city fringe site has buyers charged up

A multi-tenanted commercial property ripe for intensive redevelopment has gone up for sale on a prominent site on Auckland’s city fringe.

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