Total Property -
69 Manukau Road, Pukekohe
10 Fremlin Place, Avondale: An 806sqm industrial facility with 14 car parks has sold with vacant possession for $3,071,000. The 1,147sqm site in Business – Light Industry zone is well-positioned in the low-vacancy Rosebank industrial precinct, benefitting from efficient access to State Highway 16 and key motorway interchanges. (Alister Hitchcock, Craig Smith, Mark Preston, Bayleys Northwest)
69 Manukau Road, Pukekohe: A high-profile 1,233sqm car yard zoned Business – Mixed Use has sold for $2,375,000, reflecting a 6.35% yield. The site sustains 309sqm of improvements and is fully leased to Winger Motors on a term expiring in 2029, with 2x3yrRoR. Prominently positioned on a key arterial route just minutes from Pukekohe Train Station, the property benefits from an estimated 18,000 vehicle movements per week and offers strong long-term development potential for mixed commercial and residential use. (Mike Hook, Shane Snijder, Bayleys Pukekohe)
50 Taupō Street, Putāruru
50 Taupō Street, Putāruru: A versatile commercial premises totalling 1,100sqm has sold with vacant possession for $890,000. Comprising warehousing, offices and a road-facing showroom with a seismic assessment of 35% of NBS on a 4,383sqm site. The property is strategically located on State Highway 1 within Putāruru’s primary commercial area, where neighbours include rural co-operative Farmlands, timber specialist Goldpine, and the Coca-Cola water bottling facility. (Willem Brown, Bayleys Hamilton)
2 Duke Street, Putāruru: A 410sqm retail premises with a seismic assessment of 30% of NBS has sold with vacant possession for $305,000. The property occupies a 420sqm site with prominent street frontage in Putāruru’s retail precinct, offering strong foot traffic and visibility – qualities that supported the previous tenant’s six-decade tenure. (Willem Brown, Bayleys Hamilton)
136 Willow Street, Tauranga Central: A recently redeveloped and multi-tenanted commercial property totalling 260sqm of A-grade floorspace has sold for $1,970,000, representing a 5.69% yield. Set on a 157sqm City Centre zoned site, the property benefits from 20m of high-profile frontage to Willow Street’s premier retail strip, adjacent Red Square. The building hosts three boutique ground-floor retailers and two first-floor office tenancies, all on varying lease terms. (Brendon Bradley, Lynn Bradley, Ryan Bradley, Bayleys Tauranga)
4-6 Hallenstein Street, Queenstown
8 Sandyford Street, Sydenham, Christchurch: Two adjoining warehouses totalling 482sqm on a 487sqm site have sold with vacant possession ‘as-is, where-is’ for $758,000. Warehouse A offers 256sqm of space, including warehousing, amenities, a rear workshop and a built-in chiller room, while Warehouse B provides 216sqm of additional warehousing and amenities. Positioned within an established Sydenham industrial pocket just minutes from the CBD and key arterial routes, the property presents a well-located opportunity for refurbishment or redevelopment. (Simon Lagan, Bayleys Christchurch)
4-6 Hallenstein Street, Queenstown: A 963sqm development site held in four titles, consented for a 29-room visitor accommodation facility, has sold under the hammer at auction for $3,910,000. The property drew 39 bids from four competing developers, with the successful purchaser – a local operator – set to advance the approved accommodation project. In the interim, the site returns $61,100 pa from a residential tenancy fixed through to February 2026. (William Gubb, Bayleys Queenstown; Tommy Zhang, Bayleys Auckland Metro)