Property Brokers Commercial Property Guide Spring 2020 by Property Brokers Creative

Property Guide Commercial

Balter Bar and Kitchen 9-11 High Street, Carterton Page 34 Spring 2020 Property Brokers Licensed REAA 2008

Welcome to Commercial Listings Spring 2020

2020 has changed the way New Zealand does business General Market Comments The wider commercial market in New Zealand has not been spared by the economic implications of COVID-19 in the post lockdown environment, which has already been made apparent in sales figures seen in recent weeks/ months. A nervousness in the market has seen many investors/developers taking a “wait and see” approach, with the focus being on maintaining existing portfolios rather than further diversifying into new investments. However, investment in commercial property is not necessarily seen as undesirable in the current climate for well established, seasoned investors. The directive of RBNZ in slashing the OCR to a record low 0.5% has meant that interest rates on borrowing have

significantly decreased as a matter of course. This enables cheaper borrowing costs for commercial property, particularly for investors with lower risk profiles. While borrowing costs may be low for investors, banks are currently much more risk averse toward lending than they have been since the 2008 GFC, both towards new and established investors alike. In this respect, tenant strength and covenant is a key focus within lending considerations, as banks are now undertaking stringent due diligence on prospective tenants to gauge their suitability for lending purposes. Further to the point of tightened borrowing criteria, longer-lease terms are also being seen more favourably than usual due to furthered income security from the bank’s perspective, with higher tenant equity (lower D/E ratio) also being highly regarded. Much of this lending criteria from banks was already commonplace prior to COVID-19, but such considerations are now being harshly enforced by banks in practice (reaffirming their risk averse stance in the post COVID-19 environment). This needs to be considered by buyers, sellers and intermediaries alike.

Opportunities While the above may have a pessimistic ring about it, the post COVID-19 environment also presents opportunities. Such opportunities come in the way of proposed sale and leaseback transactions, (which many businesses who currently own their premises are considering), in order to free up capital and reduce debt levels. Such arrangements enable businesses to liquify their capital which is otherwise invested in real estate, thus giving more flexibility to fund their core activities and strengthening their economic platform to see out the economic implications of COVID-19. Office Overview Many office-based businesses endured the COVID-19 lockdown by working from home digitally. While the idea of working-from-home has historically been considered questionable, many businesses saw great success during this period without loss of productivity. Combining this with the rising unemployment rate in COVID-19’s aftermath will mean that vacancy rates for office space will likely rise from current record lows nationally. An exception to this will likely be Wellington due to high levels of government tenancy that underpin Wellington’s office sector.

Contents 04 Hawke’s Bay 20 Gisborne 24 Waikato 32 Wairarapa 36 Manawatu 44 Horowhenua 45 Tararua 46 Whanganui 50 Kāpiti Coast 51 Recently solds

Retail Overview The retail sector has seen the greatest impacts in light of COVID19’s implications on the economy. Decreased quarterly spending alongside decreased movement of people and transport (between Levels 2-4) has resulted in constrained cash flow for many businesses. Supermarkets, pharmacies, and other essential services prove to be exempt from the impacts felt by the rest of the sector, but beyond these exceptions, the retail sector is reeling. While bricks-and-mortar retail platforms have been the hardest hit, there has, and will be an upswing toward industrial property for omni-retail platforms (eg logistics office space, online retail, distribution centres for larger-scale retailers, etc). This is proving to be a growing area, requiring a more adaptable approach than normal as to how retail property is dealt with from a sales/leasing perspective. This aside, the current economic forecast is not particularly friendly toward buyers, sellers, or intermediaries for retail property within the foreseeable future. Industrial In contrast to office and retail space, the industrial sector has shown significant resilience against current market conditions (post-Level 3/4).

Growth in logistics, rural and the agribusiness sectors are key drivers behind high demand for industrial space, leading to low vacancy rates accordingly. Supply pipelines of new developments continue to remain modest, further contributing to the shortage and overall confidence in this sector, even in the current economic climate.

economy. This further highlights the resilience of industrial property in comparison to its other commercial counterparts.

While the industrial sector may feel some short-term disruption from COVID-19’s impacts, such disruption is expected to be short lived. Industrial sectors (such as manufacturing, construction etc) contributed up to 20% of New Zealand’s $300b economy in 2019. The sector is expected to continue to perform strongly in the short-term and remain a significant contributor to the national

In summary, while the short to medium term outlook for the office and retail sectors remains uncertain at best, the industrial market will continue to be an attractive investment for buyers and sellers alike in the medium to long term.

Additionally, public works and infrastructure activity for shovel-ready projects is now underway in many parts of the country, injecting jobs and productivity back into an otherwise deflated national economy.

Marty Love National Commercial Manager Property Brokers Ltd

“The industrial market will continue to be an attractive investment for buyers and sellers alike in the medium to long term.”

Hawke's Bay Commercial Hawke’s Napier 19 and and 21 21 Clive Clive Square Square West West Napier CBD CBD 19

Pride Pride of of your your portfolio portfolio

Character Character offices offices located located overlooking overlooking the the Clive Clive Square Square Gardens Gardens in in Napier. Napier. Offer Offer consists of two stand alone office buildings, the rear; a fully leased consists of two stand alone office buildings, the rear; a fully leased investment investment and and the the front; becoming available to be occupied towards the end of 2020. front; becoming available to be occupied towards the end of 2020. • • 1004m² 1004m² (more (more or or less) less) freehold freehold land land area area on on two two titles titles • Buildings front 360m² (more or less) and rear • Buildings - front 360m² (more or less) and rear 250m² 250m² (more (more or or less) less) • Current net rental across both tenancies approx $117,000 +GST • Current net rental across both tenancies approx $117,000 +GST pa pa • • Car Car parking parking for for 10 10 at at rear rear • • Fringe Fringe commercial commercial zone. zone. This is a significant This is a significant holding holding which which will will suit suit investor investor or or owner owner occupier occupier with with plenty plenty of of upside for future development in this location. upside for future development in this location. 4

For For Sale Sale By By Negotiation Negotiation Web pb.co.nz/NC76721 Web pb.co.nz/NC76721

Susan Susan Davis Davis M M 027 027 472 472 2266 2266 P 06 834 P 06 834 2975 2975 susan@pb.co.nz susan@pb.co.nz Les Les Kennedy Kennedy M M 027 027 250 250 0227 0227 P 06 P 06 845 845 9142 9142 lesk@pb.co.nz lesk@pb.co.nz 19 Clive Square, Napier 19 Clive Square, Napier

Hawke's Commercial Hawke's Bay Commercial Bay Hawke's Bay BayHawke’s Commercial 12 Swansea Road Flaxmere 12 Swansea Swansea Road Road Flaxmere 12 Flaxmere

Significant investment property Significant investment investment property property Significant

Flaxmere Village Shopping Centre. This is your opportunity to purchase a substantial Flaxmere Village Village Shopping Shopping Centre. Centre. This This is is your your opportunity opportunity to to purchase purchase a a substantial substantial Flaxmere regional investment property. regional investment property. regional investment property. Comprising 25 tenancies set on a 2.1740 hectare (more or less) site in the busy Comprising 25 25 tenancies tenancies set set on on a a 2.1740 2.1740 hectare hectare (more (more or or less) less) site site in in the the busy busy Comprising Hawke's Bay suburb of Flaxmere anchored by a New World Supermarket. The property Hawke's Bay suburb of Flaxmere anchored by a New World Supermarket. The property Hawke's Bayon-site suburbcarparks, of Flaxmere anchored by aof New World Supermarket. The property boasts 162 a net lettable area 4,404m², and has land available for boasts 162 on-site carparks, a net lettable area of 4,404m², and has land available for boasts 162 on-site carparks, a net lettable area of 4,404m², and has land available for further development. further development. further development. With a seismic rating of 70% plus and a substantial net rental income with tenancies With a a seismic seismic rating rating of of 70% 70% plus plus and and a a substantial substantial net net rental rental income income with with tenancies tenancies With paying 89.45% of outgoings, this would be an excellent income base or addition to an paying 89.45% of outgoings, this would be an excellent income base or addition to an an paying 89.45% of outgoings, this would be an excellent income base or addition to existing portfolio. existing portfolio. existing portfolio. 19 Clive Square, Napier 19 Clive Square, Napier 19 Clive Square, Napier

Tender closes Thursday 3rd September, 2020 Tender closes Thursday 3rd September, 2020 Tender closes Thursday 3rd September, 2020 at 4.00pm, (unless sold prior), 66 Reads Quay, at 4.00pm, (unless sold prior), 66 Reads Quay, at 4.00pm, (unless sold prior), 66 Reads Quay, Gisborne Gisborne Gisborne Web pb.co.nz/GIC74546 Web pb.co.nz/GIC74546 Web pb.co.nz/GIC74546 Philip Searle Philip M 021 Searle 338 487 Philip M 021 Searle 338 487 philip.searle@pb.co.nz M 021 338 487 philip.searle@pb.co.nz philip.searle@pb.co.nz Brian Shields Brian M 021Shields 729 854 Brian M 021Shields 729 854 brians@pb.co.nz M 021 729 854 brians@pb.co.nz brians@pb.co.nz 5

Hawke’s Bay

Hawke's Hawke's Bay Bay Commercial Commercial

112-118 Emerson Emerson Street Street CBD 112-118 CBD

Iconic property property -- a a jewel jewel in in the the crown crown Iconic

• Four Four mixed mixed income income options options -- retail, retail, hospitality, hospitality, residential residential living living or or renting. renting. • • Vendor will guarantee assessed rentals on restaurant and apartments to 31 31 • Vendor will guarantee assessed rentals on restaurant and apartments to December 2021. December 2021. • Property Property extensively extensively renovated renovated to to a a high high standard standard in in 2017/18 2017/18 with with NBS NBS rating rating 100% 100% • new building standards new building standards • The The property property is is fully fully compliant compliant in in all all respects respects with with the the restaurant restaurant meeting meeting all all council council • requirements and liquor licencing. requirements and liquor licencing. • Adjacent Adjacent car car parking parking available available for for lease lease with with easy easy access access to to building. building. • This iconic iconic property property presents presents as as a a multifaceted multifaceted investment investment opportunity opportunity in in the the heart heart of of This the Napier CBD. the Napier CBD. 19 Clive Square, Napier

19 Clive Square, Napier 6

For Sale By Negotiation For Sale By Negotiation Web pb.co.nz/NC76266 Web pb.co.nz/NC76266

Les Kennedy Les Kennedy M 027 250 0227 M 027 250 0227 P 06 845 9142 P 06 845 9142 lesk@pb.co.nz lesk@pb.co.nz 19 Clive Square, Napier

Hawke's Hawke's Bay Bay Commercial Commercial

Hawke’s Bay

1424B Omahu Road Twyford 1424B Omahu Omahu Road Road Twyford 1424B Twyford

Substantial high stud industrial Substantial high high stud stud industrial industrial Substantial

New to market and Zoned General Industrial is a substantial modern high stud New to to market market and and Zoned Zoned General General Industrial Industrial is is a a substantial substantial modern modern high high stud stud New industrial warehouse with easy access off Omahu Rd, 3 phase power, fully fenced, industrial warehouse with easy access off Omahu Rd, 3 phase power, fully fenced, industrial warehouse with easy access off Omahu Rd, 3 phase power, fully fenced, secure and a large concrete yard in a prime position. secure and and a a large large concrete concrete yard yard in in a a prime prime position. position. secure The property is situated on Omahu Road and is only 2.6km from the expressway that The property property is is situated situated on on Omahu Omahu Road Road and and is is only only 2.6km 2.6km from from the the expressway expressway that that The links Napier and heading south to Wellington. Omahu Road also forms the main links Napier and heading south to Wellington. Omahu Road also forms the main links Napier and heading south to Wellington. Omahu Road also forms the main arterial route into central Hastings. arterial route route into into central central Hastings. Hastings. arterial The main warehouse of 1896m² built in 2005, provides open space with a stud height The main main warehouse warehouse of of 1896m² 1896m² built built in in 2005, 2005, provides provides open open space space with with a a stud stud height height The of 6m and two roller doors onto the front Canopy. Within this building there is an of 6m and two roller doors onto the front Canopy. Within this building there is an of 6m andarea two roller doors onto the front Canopy. Within thisand building there unit, is anand amenities partitioned office, lunchroom with sink bench hot water amenities area area partitioned partitioned office, office, lunchroom lunchroom with with sink sink bench bench and and hot hot water water unit, unit, and and amenities toilet area which includes shower, handbasin and two toilets. A mezzanine area is toilet area which includes shower, handbasin and two toilets. A mezzanine area is toilet area whichthe includes shower, handbasin and two toilets. A mezzanine area is situated above amenities and provides passageway situated above above the the amenities amenities and and provides provides passageway passageway situated 19 Clive Square, Napier

For By Negotiation For Sale Sale Negotiation Sale By By Negotiation For or Lease By Negotiation Web pb.co.nz/NC76194 Web pb.co.nz/NC76194 Web pb.co.nz/NC76194

Paul Garland Paul Garland Garland Paul M 027 329 5777 M 027 329 5777 5777 M 027 329 paulg@pb.co.nz paulg@pb.co.nz paulg@pb.co.nz 19 Clive Square, Napier 19 Clive Square, Napier 19 Clive Square, Napier 7

Hawkeâ&#x20AC;&#x2122;s Bay

Hawke's Bay Commercial

Ahuriri G01/1 Lever Street

Water Front Investment Property Brokers are proud to bring to the market this fantastic water front property currently in use as a quality office with a national tenant offering some holding income of $43,000pa valid until Sep 2020. Located on the absolute harbour side with lovely views out over the Napier Marina, this corporate office is now for sale. Offering all you could imagine and more. A small insight of what to expect in the heart of Napier's most sought after seaside suburb - Ahuriri, offering numerous amenities within easy walking distance. Wonderful nautical views of the marina and boat harbour, stretching to the hills beyond. Entranced via a stunning light filled atrium or off the sea side street, this is a unique offering in a beautiful high value complex. Immaculately presented and well-appointed throughout with quality chattels. Highly secure, i 19 Clive Square, Napier 8

For Sale By Negotiation Web pb.co.nz/NC66365

Paul Garland M 027 329 5777 paulg@pb.co.nz

19 Clive Square, Napier

Hawke's Hawke's Bay Bay Commercial Commercial

Hawke’s Bay

Hastings 337 Heretaunga Heretaunga Street Street West West Hastings Central Central 337

Exercise Exercise this this investment investment

Designed and built in 1995 with excellent street frontage, it is located at the top end Designed Designed and and built built in in 1995 1995 with with excellent excellent street street frontage, frontage, it it is is located located at at the the top top end end of the 300 block on Heretaunga Street West. of of the the 300 300 block block on on Heretaunga Heretaunga Street Street West. West.

For By Negotiation For Sale Sale Negotiation Sale By By Negotiation For or Lease By Negotiation Web pb.co.nz/NC76226 Web pb.co.nz/NC76226 Web pb.co.nz/NC76226

There is good street parking out the front and an additional 24 council car parks There There is is good good street street parking parking out out the the front front and and an an additional additional 24 24 council council car car parks parks located at the rear of the property with access to this via the newly created service located at the rear of the property with access to this via the newly created located at the rear of the property with access to this via the newly created service service lane. This building is seriously well equipped to handle the needs of many different lane. lane. This This building building is is seriously seriously well well equipped equipped to to handle handle the the needs needs of of many many different different potential tenants. potential potential tenants. tenants. • Floor area: 345m² approx. and land area: 608m² approx. • • Floor Floor area: area: 345m² 345m² approx. approx. and and land land area: area: 608m² 608m² approx. approx. • Back building leased $20,000 pa net • • Back Back building building leased leased $20,000 $20,000 pa pa net net • Front building vacant • • Front Front building building vacant vacant 19 Clive Square, Napier

Paul Paul Garland Garland Paul Garland M M 027 027 329 329 5777 5777 M 027 329 5777 paulg@pb.co.nz paulg@pb.co.nz paulg@pb.co.nz 19 19 Clive Clive Square, Square, Napier Napier 19 Clive Square, Napier 9

Hawke's Bay Hawke's Bay Commercial Commercial Hawke’s Hawke's Bay Commercial Heretaunga Street East Hastings Central 113 Hastings 113 Heretaunga Heretaunga Street Street East East Hastings Central Central 113

Last one left Last Last one one left left

Located Located in in the the trendy trendy Heretaunga Heretaunga Street Street East East precinct, precinct, this this tenancy tenancy has has a a total total floor floor Located in the trendy Heretaunga Street Eastspace precinct, this tenancy has a total (8.3m), floor area of 323m² approx. of ground floor retail with wide window frontage area of 323m² approx. of ground floor retail space with wide window frontage (8.3m), areaaoflarge 323m² approx. ofarea ground floor retail spaceunit. withUpstairs wide window frontage (8.3m), plus rear storage and a small kitchen consits of a shared plus a large rear storage area and a small kitchen unit. Upstairs consits of a shared plus a space large rearastorage area and a small kitchen unit. Upstairs consits of a shared office office space of of a further further 323m² 323m² approx. approx. office space of a further 323m² approx. Features: Features: Features: • • Retail/office Retail/office space space up up to to 323m² 323m² approx. approx. Retail/office space up to 323m² approx. of the central character precinct. • Zoned 'Central Commercial' • Zoned 'Central Commercial' it it forms forms part part of the central character precinct. Zonedlocation, 'Central amenities Commercial' itexposure forms part of the central character precinct. • Great and • Great location, amenities and exposure Great location, amenities and exposure • • Going Going to to sell sell very very cheap! cheap! • Going to sell very cheap! 10

For Sale By Negotiation For Sale By Negotiation For By Negotiation WebSale pb.co.nz/NC69063 Web pb.co.nz/NC69063 Web pb.co.nz/NC69063

Paul Garland Paul M 027Garland 329 5777 Paul M 027Garland 329 5777 paulg@pb.co.nz M 027 329 5777 paulg@pb.co.nz paulg@pb.co.nz 19 Clive Square, Napier 19 Clive Square, Napier 19 Clive Square, Napier

Hawke's Commercial Bay Hawke's Bay BayHawke’s Commercial 304-306 Heretaunga Street West Hastings Central 304-306 Heretaunga Heretaunga Street Street West West Hastings Central Central 304-306 Hastings

Rare CBD retail for sale Rare CBD CBD retail retail for for sale sale Rare

Heretaunga Heretaunga Street Street West, West, Hastings Hastings being being the the strip strip retail retail precinct. precinct. This This building building is is Heretaunga Streettwo West, Hastingsone being the strip retail precinct. the This building is currently currently split split into into two tenancies, tenancies, one tenanted tenanted by by a a barber barber and and the other other being being vacant vacant currently split into twofor tenancies, oneortenanted by a barber and the other being vacant offering some some upside an investor investor an opportunity opportunity for an an owner/occupier. offering upside for an or an for owner/occupier. offering some upside for an investor or an opportunity for an owner/occupier.

For For Sale Sale By By Negotiation Negotiation For Sale By Negotiation Web pb.co.nz/NC70643 Web pb.co.nz/NC70643 Web pb.co.nz/NC70643

Located Located on on the the sunny sunny side side of of the the street, street, this this building building has has a a detailed detailed structural structural engineer engineer Located on the sunny side of the the street, this building has a detailed structural engineer report report showing showing it it is is 100% 100% of of the national national building building code. code. report showing it is 100% of the national building code. • • NBS NBS 100% 100% • NBS 100% • • Split Split Risk Risk -- 2 2 xx tenancies tenancies • - 2 x tenancies • Split CBD Risk location • CBD location • • CBD Totallocation net income income $30,000 $30,000 pa pa • Total net • Total net income $30,000 pa 19 Clive Square, Napier 19 Clive Square, Napier 19 Clive Square, Napier

Kerry Kerry Harford Harford Kerry M 432 M 027 027Harford 432 0460 0460 M 027 432 0460 kerryh@pb.co.nz kerryh@pb.co.nz kerryh@pb.co.nz 11

Hawke's Bay Commercial Hawke's Bay Bay Commercial Commercial Hawke’s Hawke's 306 Ellison Road Hastings Central 306 Ellison Ellison Road Road Hastings Central Central 306 Hastings

Five newly built industrial warehouses Five newly newly built built industrial industrial warehouses warehouses Five For sale is this brand new high stud warehousing.

For sale is this brand new high stud warehousing. For sale is this brand new high stud warehousing. Very well located within an industrial zone with main domestic routes and commercial Very well well located located within within an an industrial industrial zone zone with with main main domestic domestic routes routes and and commercial commercial Very service service zoning zoning within within a a stones stones through through away. away. service zoning within a stones through away. Features: Features: Features: • Excellent access and signage opportunities. • Excellent Excellent access access and and signage signage opportunities. opportunities. • Great loading and turning areas for truck access/egress. • Great loading and turning areas for truck truck access/egress. access/egress. • Great loading and turning areas for

For Sale By Negotiation For For Sale Sale By By Negotiation Negotiation Sale By Negotiation For or Lease By Negotiation Web pb.co.nz/NC75793 Web pb.co.nz/NC75793 Web pb.co.nz/NC75793 Web pb.co.nz/NC75793

Paul Garland Paul Garland Paul Garland M 027 329 5777 Paul Garland M 027 329 M 027 329 5777 5777 paulg@pb.co.nz M 027 329 5777 paulg@pb.co.nz paulg@pb.co.nz paulg@pb.co.nz 19 Clive Square, Napier 19 19 Clive Clive Square, Square, Napier Napier 19 Clive Square, Napier

Hawke's Commercial Bay Hawke's Bay BayHawke’s Commercial 247 Emerson Emerson Street Street Napier CBD CBD 247 Napier

Prime CBD CBD retail retail location location Prime

• For sale 105m² (more or less) freehold property; Vacant possession • For sale 105m² (more or less) freehold property; Vacant possession • Located on sunny side of Emerson Street • Located on sunny side of Emerson Street • Would suit owner occupier looking to own rather than paying rent • Would suit owner occupier looking to own rather than paying rent • Very stylish building with tidy interior • Very stylish building with tidy interior • 67% NBS. • 67% NBS.

For Sale By Negotiation For Sale By Negotiation Web pb.co.nz/NC77279 Web pb.co.nz/NC77279

There are very few freehold opportunities like this available in the Napier CBD. Make There are very few freehold opportunities like this available in the Napier CBD. Make the move now to secure. the move now to secure. Les Kennedy Les Kennedy M 027 250 0227 M 027 250 0227 P 06 845 9142 P 06 845 9142 lesk@pb.co.nz lesk@pb.co.nz 19 Clive Square, Napier 19 Clive Square, Napier

Hawke’s Bay

Hawke's Bay Commercial

Hastings Central 106 Queen Street East

Investment opportunity - Essential service 106 Queen Queen Street Street East East is is perfectly perfectly positioned positioned on on Queen Queen Street Street East East with with banks, banks, cafes, cafes, 106 national retailers,and K-mart plaza all within an easy 1-2 min walk away. The tenant, national retailers,and K-mart plaza all within an easy 1-2 min walk away. The tenant, OM Goodness Goodness is is doing doing well well and and enjoying enjoying the the space. space. The The building building is is a a very very appealing appealing OM Art Deco style design and has a 9.6 meter retail frontage giving it excellent profiling Art Deco style design and has a 9.6 meter retail frontage giving it excellent profiling opportunities for the tenant. It also has natural light, exposed beautiful timber roof opportunities for the tenant. It also has natural light, exposed beautiful timber roof trusses, yet is well insulated with two air conditioning units to service the whole trusses, yet is well insulated with two air conditioning units to service the whole building, new new amenities, amenities, two two dedicated dedicated car car parks parks and and a a new new roof. roof. building, • Income Income of of $20,000 $20,000 pa pa net net • • Building of 178m² (more or less) less) • Building of 178m² (more or • Land of 290m² (more or less) • Land of 290m² (more or less) 19 Clive Clive Square, Square, Napier Napier 19 14

For For Sale Sale By By Negotiation Negotiation Web pb.co.nz/NC75188 Web pb.co.nz/NC75188

Paul Garland Garland Paul M 027 027 329 329 5777 5777 M paulg@pb.co.nz paulg@pb.co.nz

19 Clive Square, Napier

Hawke's Bay Commercial Hawke's Commercial Bay Hawke's Bay BayHawke’s Commercial King Street North Hastings Central 114 Hastings 114 King King Street Street North North Hastings Central Central 114

Upstairs Upside Investment Upstairs Upstairs Upside Upside Investment Investment

Charming Charming 1950's 1950's two two story story building building centrally centrally located located in in the the designated designated area area within within Charming 1950's street two story buildinginitiatives. centrally located in the designated area within HDC's innovative upgrading HDC's innovative street upgrading initiatives. HDC's innovative street upgrading initiatives. The The ground ground floor floor is is leased leased to to a a long long time time tenant. tenant. The The 1st 1st floor floor is is vacant vacant so, so, offers offers a a The ground floor is leased to a out longastime tenant. The 1st floor is vacant so, offers a in buyer the opportunity to lease office or convert to an apartment to either buyer the opportunity to lease out as office or convert to an apartment to either live live in buyer the opportunity to lease outfrontage, as office or convert to anlocated apartment to aeither live in or or rent rent out. out. With With prominent prominent street street frontage, the the property property is is located within within a prime prime or rentarea out.of With prominent street frontage, the property is located within a prime retail Hastings. retail area of Hastings. retail area of Hastings. • • Good Good profile profile and and central central Hastings Hastings location location Good for profile and value centralinvestor Hastings location • Ideal the add • Ideal for the add value investor Ideal for Gross the add value investor • • $26,000 $26,000 Gross rental rental pa pa $26,000 Gross rental pa • First floor is vacant • First floor is vacant • First floor is vacant 19 Clive Square, Napier

19 Clive Square, Napier 19 Clive Square, Napier

For Sale By Negotiation For Sale By Negotiation For By Negotiation WebSale pb.co.nz/NC75187 Web pb.co.nz/NC75187 Web pb.co.nz/NC75187

Paul Garland Paul M 027Garland 329 5777 Paul M 027Garland 329 5777 paulg@pb.co.nz M 027 329 5777 paulg@pb.co.nz paulg@pb.co.nz 15

Hawke's Bay Bay Commercial Commercial Hawke’s Hawke's 1303 Tomoana Tomoana Road Road Mahora 1303 Mahora

Food manufacturing manufacturing industrial industrial Hastings Hastings Food

Profile industrial development land site 8288m² (more or less). Profile industrial development land site 8288m² (more or less). • For Sale, or design build for lease • For Sale, or design build for lease • General industrial zone with access to the waste water infrastructure and sewerage • General industrial zone with access to the waste water infrastructure and sewerage line located nearby, making this property suitable for food manufacturing line located nearby, making this property suitable for food manufacturing • Strategically located in close proximity to the fast growing Food hub, neighbouring • Strategically located in close proximity to the fast growing Food hub, neighbouring businesses include Turners & Growers, Jamestrong, Tomoana Warehousing, Miracle businesses include Turners & Growers, Jamestrong, Tomoana Warehousing, Miracle Water Water • Property comes with significant HDC development credits. • Property comes with significant HDC development credits.

For Sale By Negotiation For Sale By Negotiation Web pb.co.nz/NC69676 Web pb.co.nz/NC69676

Susan Davis Susan M 027 Davis 472 2266 M 027 472 2266 P 06 834 2975 P 06 834 2975 susan@pb.co.nz susan@pb.co.nz 19 Clive Square, Napier 19 Clive Square, Napier

Hawke's BayHawke’s Commercial Hawke's Bay Hawke's Bay Bay Commercial Commercial 1393 Omahu Road Twyford Twyford 1393 Omahu Omahu Road Road Twyford 1393

Omahu Road industrial subdivision opportunity Omahu Omahu Road Road industrial industrial subdivision subdivision opportunity opportunity

This This industrial industrial land land is is ready ready for for development. development. Subdivision Subdivision is is council council approved approved & & services services Thislaid. industrial land is ready for development. Subdivision is council approved & services are are laid. are laid. This This land land is is being being sold sold as as either either one one 4.8ha 4.8ha freehold freehold lot lot or or 2 2 lots lots depending depending upon upon your your This land is being sold as either one 4.8hahas freehold lot orfrom 2 lots5000m² depending upon your requirements. HDC approved subdivision seven lots 1.2ha, requirements. HDC approved subdivision has seven lots from 5000m² - 1.2ha, but but the the requirements. HDC approved subdivision has sevenonlots from 5000m² - 1.2ha, but the council council allows allows a a greater greater number number with with section section sizes sizes on the the Omahu Omahu frontage frontage able able to to be be council allows a greater number with section sizes on the Omahu frontage able to be 1000m² and 2000m² at the rear. 1000m² and 2000m² at the rear. 1000m² and 2000m² at the rear. The The site site is is level level and and offers offers a a wide wide 163 163 metre metre frontage frontage onto onto Omahu Omahu Road. Road. Land Land is is well well The site beside is level NZ andFrost offers a wide 163 metre frontage onto Place. Omahu Road. Land is well located fans and opposite James Rochfort This is an opportunity located beside NZ Frost fans and opposite James Rochfort Place. This is an opportunity located besidedevelopment NZ Frost fans and opposite James Rochfort Place. This is an opportunity that that is is ripe ripe for for development now. now. that is ripe for development now. 19 Clive Square, Napier 19 Clive Square, Napier 19 Clive Square, Napier

For Sale By Negotiation For Sale By Negotiation For By Negotiation WebSale pb.co.nz/NC75309 Web pb.co.nz/NC75309 Web pb.co.nz/NC75309

Susan Davis Susan M 027 Davis 472 2266 Susan Davis M 027 472 2266 P 06 834 2975 M 027 472 2266 P 06 834 2975 susan@pb.co.nz P 06 834 2975 susan@pb.co.nz susan@pb.co.nz 17

Hawke’s Bay

Hawke's Bay Commercial

Longlands 85 Irongate Irongate Road Road East East Longlands 85

Prime Prime industrial industrial land land

Located Located right right alongside alongside the the Hastings Hastings expressway, expressway, this this is is the the highest highest profile profile industrial industrial land available. In the new Irongate industrial area and beside Sunfruit land available. In the new Irongate industrial area and beside Sunfruit Groups Groups new new packhouse, packhouse, access access is is easy. easy.

For For Sale Sale By By Negotiation Negotiation Web pb.co.nz/NC69090 Web pb.co.nz/NC69090

1 1 Ha Ha (10,000m²) (10,000m²) freehold freehold industrial industrial land. land. Suitable Suitable for for design design build build this this is is cost cost effective effective industrial land with all services to the site boundary. industrial land with all services to the site boundary.

Susan Susan Davis Davis M M 027 027 472 472 2266 2266 P 06 834 P 06 834 2975 2975 susan@pb.co.nz susan@pb.co.nz 19 Clive Square, Napier

19 Clive Square, Napier 18

19 Clive Square, Napier

Commercial Sales & Leasing

Commercial

Property Management

Commercial

Building Compliance Services Building WOF, Fire Alarm Testing, Evac Schemes and Electricial Services

We do it all Ph 0800 367 5263 or visit pb.co.nz/commercial Property Brokers Licensed REAA 2008

Gisborne Gisborne

Gisborne Gisborne 241 Gladstone Gladstone Road Road Gisborne 241

Central Central City City Retail Retail

This This property property is is located located on on a a high high profile profile corner corner site site on on Gisborne's Gisborne's main main street. street. The The ground floor comprises approximately 400mÂ˛ (more or less) with lovely polished ground floor comprises approximately 400mÂ˛ (more or less) with lovely polished timber timber floors. floors. An An automatic automatic door door to to Gladstone Gladstone Road Road with with display display windows windows to to two two sides sides make make this this an an attractive attractive option option for for any any business. business. Set Set up up for for immediate immediate possession possession the the property property is is available available for for a a long long term term lease. lease. The The first floor is accessed via a separate stairway to a largely open space. The first floor is accessed via a separate stairway to a largely open space. The building building has has had had significant significant earthquake earthquake strengthening strengthening work work carried carried out. out.

For Sale By Negotiation For Sale By Negotiation Web pb.co.nz/GIC75399 Web pb.co.nz/GIC75399

Philip Searle Philip M 021 Searle 338 487 M 021 338 487 philip.searle@pb.co.nz philip.searle@pb.co.nz Brian Shields Brian M 021Shields 729 854 M 021 729 854 brians@pb.co.nz brians@pb.co.nz

66 Reads Quay, Gisborne

66 Reads Quay, Gisborne 20

66 Reads Quay, Gisborne

Gisborne Gisborne

Gisborne

Gisborne Gisborne

Iconic and and profitable profitable Iconic

As the name suggests Martins Event and Party Hire specialises in hiring marquees, As the name suggests Martins Event and Party Hire specialises in hiring marquees, event and party hire equipment. The business also offers an extensive range of retail event and party hire equipment. The business also offers an extensive range of retail party ware, balloons and cake decorating supplies. party ware, balloons and cake decorating supplies. This iconic locally owned business has been operating in excess of 50 years and is the This iconic locally owned business has been operating in excess of 50 years and is the only 100% dedicated marquee, event and party hire business in Gisborne. Martins only 100% dedicated marquee, event and party hire business in Gisborne. Martins Event and Party Hire has a wide geographical reach servicing Gisborne, Eastern Bay of Event and Party Hire has a wide geographical reach servicing Gisborne, Eastern Bay of Plenty and Northern Hawkes Bay. This top performing business has a continually Plenty and Northern Hawkes Bay. This top performing business has a continually increasing turnover and prides itself on providing exceptional service and quality increasing turnover and prides itself on providing exceptional service and quality equipment to it's clients. equipment to it's clients. The business awaits a new owner to capitalise and take it to another level. The business awaits a new owner to capitalise and take it to another level. 66 Reads Quay, Gisborne

For Sale By Negotiation For Sale By Negotiation Web pb.co.nz/GIC69674 Web pb.co.nz/GIC69674

Philip Searle Philip M 021 Searle 338 487 M 021 338 487 philip.searle@pb.co.nz philip.searle@pb.co.nz 66 Reads Quay, Gisborne 66 Reads Quay, Gisborne 21

Gisborne Gisborne Gisborne

Gisborne 66 Main Road Makaraka 66 Main Main Road Road Makaraka 66 Makaraka

Developed industrial complex Developed industrial industrial complex complex Developed

The The owner owner of of this this standout standout building building is is relocating relocating to to larger larger property. property. The owner of this standout building is relocating to larger property. This This property property is is located located in in a a high high visibility visibility site site with with very very high high traffic traffic flow. flow. Comprising Comprising a a This property is located inpresented a high visibility siteand withenjoying very high traffic flow. Comprising a number of modern, well buildings extensive heavy number of modern, well presented buildings and enjoying extensive heavy duty duty number of modern, well presented buildings has and enjoying extensive heavy duty industrial industrial concreted concreted yard yard area. area. The The property property has vehicle vehicle access access from from both both Main Main Road Road industrial concreted yard area. Thethrough propertybyhas vehicle access from both Main Road and Parker Lane allowing for drive heavy vehicles. and Parker Lane allowing for drive through by heavy vehicles. and Parker Lane allowing for drive through by heavy vehicles. The The property property could could suit suit a a large large variety variety of of businesses businesses permitted permitted under under the the district district The property could suitisaavailable large variety of businesses permitted under the district scheme. The property for purchase with vacant possession scheme. The property is available for purchase with vacant possession deferred deferred until until scheme. The property is available for purchasenow with vacant possessiontodeferred until towards towards the the end end of of 2020 2020 or or can can be be purchased purchased now with with a a lease lease back back to the the Vendors Vendors at at towards the end ofthe 2020 or can be Zoned purchased now with a lease back to the Vendors at a a 9% 9% return return until until the end end of of 2020. 2020. Zoned industrial, industrial, view view by by appointment. appointment. a 9% return until the end of 2020. Zoned industrial, view by appointment. 66 Reads Quay, Gisborne 66 Reads Quay, Gisborne

66 Reads Quay, Gisborne 22

For Sale By Negotiation For Sale By Negotiation For By Negotiation WebSale pb.co.nz/GIC69662 Web pb.co.nz/GIC69662 Web pb.co.nz/GIC69662

Philip Searle Philip M 021 Searle 338 487 Philip M 021 Searle 338 487 philip.searle@pb.co.nz M 021 338 487 philip.searle@pb.co.nz philip.searle@pb.co.nz Brian Shields Brian M 021Shields 729 854 Brian M 021Shields 729 854 brians@pb.co.nz M 021 729 854 brians@pb.co.nz brians@pb.co.nz 66 Reads Quay, Gisborne

A commercial property’s value is tied to the strength of its lease. This just happens to be where we excel.

Commercial real estate is a vehicle for capital growth and strong yields - it’s the infrastructure that our entire economy is built on. It’s vitally important to understand the type of property you are purchasing, and how to make the most of it. Safeguard your investment with our Commercial Property Management division’s expertise and services. Whether you own a small block of shops, an office building, warehouse or large shopping mall, we’ll manage every aspect of your commercial investment for you, so you can relax and enjoy the benefits. • Rent and outgoings collection • Annual building budgets • Lease renewals and rent reviews

• Planned and preventative maintenance • Health and safety management • Tenant liaison and retention

For comprehensive, tailored Commercial Property Management that will suit you down to the ground, get in touch with us today on 0800 367 5263 | pb.co.nz/commercialpm Property Brokers Licensed REAA 2008

Commercial Property Management

Morrinsville Waikato Morrinsville Waipu 30 Cove Road Waipu 30 Cove Road

Lighthouse Waipu Lighthouse Waipu

A unique opportunity to own the only Motel in town. Offering affordable A unique opportunity to own the only Motel in town. Offering affordable accommodation options just 2 minutes to the heart of historic Waipu Village. Only accommodation options just 2 minutes to the heart of historic Waipu Village. Only 90-minute drive North of Auckland, and 90 minutes from the Bay of Islands - Your 90-minute drive North of Auckland, and 90 minutes from the Bay of Islands - Your Gateway to the North. Gateway to the North. All the hard work has been done with all the rooms being redecorated, business setup, All the hard work has been done with all the rooms being redecorated, business setup, Laundromat business, separate restaurant and bar. The owners have established a Laundromat business, separate restaurant and bar. The owners have established a steady cash flow business from thinking outside the square. steady cash flow business from thinking outside the square. There is a high demand for accommodation in the township servicing local businesses There is a high demand for accommodation in the township servicing local businesses and also the booming building industry. and also the booming building industry. This property offers a high yielding return for the investment buyer, with some growth This property offers a high yielding return for the investment buyer, with some growth opportunities in the business. opportunities in the business. 24

For Sale By Negotiation For Sale By Negotiation Web pb.co.nz/MOC02716 Web pb.co.nz/MOC02716

Alan Copeman Alan M 021Copeman 874 222 M 021 874 222 P 07 929 4838 P 07 929 4838 alan.copeman@pb.co.nz alan.copeman@pb.co.nz 78 Studholme Street, Morrinsville 78 Studholme Street, Morrinsville

Morrinsville Morrinsville

Waikato

1/5 Tarawera Road Rotorua Rotorua 1/5 Tarawera Tarawera Road Road Rotorua 1/5

Landlords instructions are clear! Landlords Landlords instructions instructions are are clear! clear!

Fabulous space right at the main entrance into the very sought after Redwood Centre. Fabulous Fabulous space space right right at at the the main main entrance entrance into into the the very very sought sought after after Redwood Redwood Centre. Centre. This space previously hosted a successful gym and is now a blank canvas which is This This space space previously previously hosted hosted a a successful successful gym gym and and is is now now a a blank blank canvas canvas which which is is awaiting a new owner. awaiting awaiting a a new new owner. owner. The 408m² (more or less) space is open plan with separate toilet facilities which The The 408m² 408m² (more (more or or less) less) space space is is open open plan plan with with separate separate toilet toilet facilities facilities which which include a shower. Explore all the options available to this site, retail, showroom or even include include a a shower. shower. Explore Explore all all the the options options available available to to this this site, site, retail, retail, showroom showroom or or even even maybe office space. This complex has fantastic parking with national and local maybe office space. This complex has fantastic parking with national and local maybe office space. This complex has fantastic parking with national and local business such as The Coffee Club, Medical Centre, Pharmacy and Physiotherapy clinic business business such such as as The The Coffee Coffee Club, Club, Medical Medical Centre, Centre, Pharmacy Pharmacy and and Physiotherapy Physiotherapy clinic clinic nearby. You are approximately 3km to the central business district of Rotorua, and is nearby. nearby. You You are are approximately approximately 3km 3km to to the the central central business business district district of of Rotorua, Rotorua, and and is is on the main arterial route to Tauranga, Eastern Bay of Plenty and South to taupo. on on the the main main arterial arterial route route to to Tauranga, Tauranga, Eastern Eastern Bay Bay of of Plenty Plenty and and South South to to taupo. taupo. Enquire today about this very sought after, high profile location which is available for Enquire Enquire today today about about this this very very sought sought after, after, high high profile profile location location which which is is available available for for sale or lease. sale sale or or lease. lease. 78 Studholme Street, Morrinsville

For Sale By Negotiation For For Sale Sale By By Negotiation Negotiation Web pb.co.nz/MOC02712 Web pb.co.nz/MOC02712 Web pb.co.nz/MOC02712

Alan Copeman Alan Copeman Alan Copeman M 021 874 222 M 021 874 222 M07 021 874 222 P 929 4838 P 07 929 4838 P 07 929 4838 alan.copeman@pb.co.nz alan.copeman@pb.co.nz alan.copeman@pb.co.nz Ulf Führer Ulf Führer Ulf022 Führer M 0800 853 M 022 M 022 0800 0800 853 853 ulf@pb.co.nz ulf@pb.co.nz ulf@pb.co.nz 78 Studholme Street, Morrinsville 78 Studholme Street, Morrinsville 25 78 Studholme Street, Morrinsville

Waikato

Morrinsville

Tamahere Lot 3, 105 Hautapu Road

Boundary lines are indicative

Opportunity on Hautapu Road • An exceptional opportunity to secure land in Hautapu • A rear site comprising 5,000m² (STS) • Shared driveway access • Power, Phone, internet to site

For Sale By Negotiation Web pb.co.nz/MOC02793

Call today as these sites are hard to find.

Alan Copeman M 021 874 222 P 07 929 4838 alan.copeman@pb.co.nz 78 Studholme Street, Morrinsville 26

78 Studholme Street, Morrinsville

Waikato Morrinsville Dinsdale 30 Tuhikaramea Road

Large-format retail for sale This large-format retail building, is now available for sale - approximately 1000m² retail with approx 350m² outdoor space and including 26 car parks. The Vendor is prepared to offer favourable lease terms.

For Sale By Negotiation Web pb.co.nz/MOC02752

Property includes: • Loading bay • Offices • Mezzanine floor • Outdoor area • 26 carparks Call today to view

78 Studholme Street, Morrinsville

Alan Copeman M 021 874 222 P 07 929 4838 alan.copeman@pb.co.nz 27

nsville

Waikato Morrinsville

Commerce Street n 21Frankton 21 Commerce Street

21 Commerce Street • 341m² (more or less) of building over two-levels, commercial office and storage. • Mix of office, reception, meeting rooms, and mezzanine. • Two roller door access points. • Four on-site parking spaces.

For Sale By Negotiation Web pb.co.nz/MOC02813

With a variety of neighbours including ATL Balancing & Driveline, Jaycar, APPCO, Ming Detailing and Extreme automotive your business will fit in well amongst them all. Alan Copeman M 021 874 222 P 07 929 4838 alan.copeman@pb.co.nz 28

78 Studholme Street, Morrinsville

Waikato Huka Falls Road Rangatira Park 56 Rangatira 56 Huka Huka Falls Falls Road Road Rangatira Park Park 56

Huka Falls Sub-division Opportunity Huka Huka Falls Falls Sub-division Sub-division Opportunity Opportunity

Property Brokers is proud to present this land development opportunity in one of Property Brokers is present this land opportunity in one Property Brokers is proud proud to to present thisresource land development development opportunity in section one of of Taupo's most prominent suburbs, with consent granted for a 25 Taupo's most prominent suburbs, with resource consent granted for a 25 section Taupo's most prominent suburbs, with resource consent granted for a 25 section residential sub-division its ready to get under way now. residential residential sub-division sub-division its its ready ready to to get get under under way way now. now. Capitalise on Taupo's outstanding growth with opportunities for all in winter and Capitalise on Taupo's outstanding growth with opportunities for and Capitalise on with Taupo's outstanding growth with away opportunities for all all in in winter winter and summer and major cities only a few hours in every direction, buyers from summer and with major cities only a few hours away in every direction, buyers from summer and with major cities only a few hours away in every direction, buyers from Auckland and Wellington wanting to build here and live the kiwi dream are exceeding Auckland and Wellington wanting to build here and live the kiwi dream are exceeding Auckland and Wellington wanting to build here and live the kiwi dream are exceeding supply for this kind of stock. supply for of supply for this thisiskind kind of stock. stock. The property situated in the heights of Rangatira Park, offering exceptional views The property is situated in the of Rangatira Park, offering views The property is situated in the heights heights oflake Rangatira Park, Ruapehu. offering exceptional exceptional views from mount Tauhara to glimpses of the and mount It is sited amongst from mount Tauhara to glimpses of the lake and mount Ruapehu. It is sited amongst from mount Tauhara to glimpses of the lake and mount Ruapehu. It is sited amongst an enclave of executive homes, only four-minutes drive to town and two-minutes to an enclave of executive homes, only four-minutes an enclave of executive homes, only four-minutes drive drive to to town town and and two-minutes two-minutes to to the pristine waters of the Waikato River. the pristine waters of the Waikato River. the pristine waters of the Waikato River. 81 Spa Road, Taupo 81 Spa Road, Taupo 81 Studholme Spa Road, Taupo 78 Street, Morrinsville

Tender closes Friday 11th September, 2020 Tender closes Friday 11th September, Tender closes Friday 11thTaupo September, 2020 2020 at 4.00pm, 81 Spa Road, at 4.00pm, 81 Spa Road, Taupo at 4.00pm, 81 Spa Road, Taupo Web Web pb.co.nz/TPC77121 pb.co.nz/TPC77121 Web pb.co.nz/TPC77121

Ulf Führer Ulf Führer Ulf Führer 853 M M 022 022 0800 0800 M 022 0800 853 853 ulf@pb.co.nz ulf@pb.co.nz ulf@pb.co.nz 29

Waikato Tauhara 16 Manuka Street Tauhara 16 Manuka Street

Buy at 6.9% net return Buy at 6.9% net return

This is a truly incredible opportunity, live in what can only be described as a spacious, This is a truly incredibleloft opportunity, live in what only be described as athe spacious, up-market Manhattan style apartment, whilecan earning $62,000 PA off ground up-market Manhattan loft style apartment, while earning $62,000 PA off the ground floor tenancy, with a new two-year lease in place. floor tenancy, with a new two-year lease in place. The 200m² (more or less) freehold apartment is split across three floors, level one The 200m² or less) freehold across three floors, leveland oneruns consists of a(more landing and an artist'sapartment studio withisasplit huge window facing north consists of a landing and an artist's studio with a huge window facing north and from level one to level two, flooding both levels with light. Level two offers a guestruns from to level two,plan flooding levelsdining with light. Level living two offers guest toilet level and aone massive open chefs'both kitchen, and main room,alarge toilet and a massive open plan chefs' kitchen, dining and main living room, large balcony to the east for morning sun and another expansive balcony to the west to balcony toafternoons the east forsoaking morning expansive the with west to enjoy lazy upsun theand rays.another Stairs lead you upbalcony to level to three enjoy lazy afternoons soaking up the rays. Stairs lead you up to level three with another two-level window pouring morning sun onto a landing which has the main another two-level and window pouring morning sun onto a landing which has the main family bathroom two large double bedroom family bathroom and two large double bedroom

For Sale $950,000 For Sale $950,000 Web pb.co.nz/TPC75529 Web pb.co.nz/TPC75529

Ulf Führer Ulf Führer M 022 0800 853 M 022 0800 853 ulf@pb.co.nz ulf@pb.co.nz

81 Spa Road, Taupo

81 Spa Road, Taupo 30

78 Studholme Street, Morrinsville

Waikato Tokoroa 1-7 Kauri Street Tokoroa 1-7 Kauri Street

Corner Retail Block Corner Retail Block

This corner retail block is in a prime position on a three-way intersection sitting alone in This corner retail block is in primeThe position on a three-way sitting alone in a suburban area just out of atown. site consists of a largeintersection dairy on a long-term a suburban area just out of town. The site consists of a large dairy on a long-term lease, a hair salon on month-by-month, a takeaway and second-hand shop, these two lease, a hair salon onTotal month-by-month, a takeaway and second-hand these two are currently vacant. floor area of 500m² (more or less) and landshop, area of 683m² are currently vacant. Total floor area of 500m² (more or less) and land area of 683m² (more or less). The dairy also has a three-bedroom apartment behind and on the (more less).which The dairy also has a three-bedroom apartment behind and on the secondorleave is currently occupied. second leave which is currently occupied. • Corner site • site • Corner Mixed tenants • Mixed tenants • 6.5% Capitalized net return • Capitalized • 6.5% Freehold property net return • Freehold property • Commercial & Residential mix • Commercial & Residential mix

For Sale $950,000 + GST (if any) For Sale $950,000 + GST (if any) Web pb.co.nz/TPC76063 Web pb.co.nz/TPC76063

Ulf Führer M 022 0800 853 Ulf Führer ulf@pb.co.nz M 022 0800 853 ulf@pb.co.nz

81 Spa Road, Taupo

81 Studholme Spa Road, Taupo 78 Street, Morrinsville

Palmerston Wairarapa Palmerston North North 5 Albert Street Masterton Masterton 5 Albert Albert Street Street Masterton 5

Solid Wairarapa Investment Solid Solid Wairarapa Wairarapa Investment Investment

• • Fully Fully tenanted tenanted 1150m² 1150m² approx. approx. commercial commercial building building strengthened strengthened to to 70% 70% NBS NBS with with • Fully tenanted 1150m² approx. commercial building strengthened to 70% NBS with access to exclusive and shared parking access to exclusive and shared parking access to exclusive and shared parking

For For Sale Sale By By Negotiation Negotiation For Sale By Negotiation Web Web pb.co.nz/MC77555 pb.co.nz/MC77555 Web pb.co.nz/MC77555

• • On On prime prime 1700m² 1700m² approx. approx. freehold freehold site site conveniently conveniently located located close close to to the the CBD CBD and and • On prime 1700m² approx. freehold site conveniently located close to the CBD and State Highway 2 State Highway 2 State Highway 2 • • 70% 70% of of building building interior interior and and exterior exterior refurbished refurbished and and occupied occupied by by Government Government • 70% with of building interior and exterior refurbished and occupied by Government tenant 4 plus years of lease still to run. Two three-year rights tenant with 4 plus years of lease still to run. Two three-year rights of of renewal. renewal. Currently Currently tenant with 4 plus years of lease stillOctober to run. Two three-year rights of renewal. Currently returning $126,500. Market review 2021. Remainder of building returning $126,500. Market review October 2021. Remainder of building recently recently returning $126,500. Market review October 2021. Remainder of building recently leased by established fitness centre. Three-year lease with three-year right of renewal. leased by established fitness centre. Three-year lease with three-year right of renewal. leased by established fitness centre. Three-year lease with three-year right of renewal. Returning Returning $24,220. $24,220. Annual Annual CPI CPI reviews reviews with with market market review review prior prior to to renewal renewal in in three three Returning $24,220. Annual CPI reviews with market review prior to renewal in three years. years. years. 32

Greg Greg Ariell Ariell M 435 Greg M 027 027Ariell 435 6327 6327 P 06 379 7876 M 027 435 6327 P 06 379 7876 grega@pb.co.nz P 06 379 7876 grega@pb.co.nz grega@pb.co.nz 240 Broadway Avenue, Palmerston North 240 Broadway Avenue, Palmerston North 240 Broadway North 84Avenue, Chapel Palmerston Street, Masterton

Masterton Masterton

Wairarapa

8 Kitchener Street Martinborough Martinborough 8 Kitchener Kitchener Street Street Martinborough 8

Oh My Goodness Oh Oh My My Goodness Goodness

Oh My Goodness - what a fantastic opportunity to own and operate an established Oh Goodness -- what a fantastic to Oh My My Goodness what fantastic opportunity opportunity to own own and and operate operate an an established established cafe style restaurant in aadestination village. cafe style restaurant in a destination village. cafe style restaurant in a destination village. Situated on a high profile corner site near the town's entrance, OMG is perfectly Situated high corner site the town's entrance, OMG Situated on ontoa a capture high profile profile corner site near near town's OMG is is perfectly perfectly positioned the eye of visitors asthe they arriveentrance, in Martinborough. Benefitting positioned to capture the eye of visitors as they arrive in Martinborough. Benefitting positioned to capture the visitors as plenty they arrive in Martinborough. also from high volumes ofeye footoftraffic and of nearby parking, OMGBenefitting occupies the also from high volumes of foot traffic and plenty of nearby parking, OMG occupies the also from ideal cafe high site. volumes of foot traffic and plenty of nearby parking, OMG occupies the ideal cafe site. ideal cafe site. Renowned for its great cooked breakfasts and excellent selection of cabinet foods, for Renowned for great cooked breakfasts and excellent selection of cabinet foods, for Renowned foralits itsfresco greatdining cookedand breakfasts andFriday excellent selection cabinet foods, for the option of its informal burger nights,ofOMG already has the option of al fresco dining and its informal Friday burger nights, OMG already has the option of al fresco dining and its informal Friday burger nights, OMG already has much on offer. much much on on offer. offer. 84 Chapel Street, Masterton

For Sale By Negotiation For Sale By For By Negotiation Negotiation WebSale pb.co.nz/MC73950 Web pb.co.nz/MC73950 Web pb.co.nz/MC73950

Greg Ariell Greg M 027Ariell 435 6327 Greg Ariell M 027 435 6327 P 379 7876 M06 027 435 6327 P grega@pb.co.nz P 06 06 379 379 7876 7876 grega@pb.co.nz grega@pb.co.nz Erin Nesdale Erin Nesdale M 027 457 9055 Erin Nesdale M 027 457 9055 P 308 9055 M06 027 457 9055 P erinn@pb.co.nz P 06 06 308 308 9055 9055 erinn@pb.co.nz erinn@pb.co.nz

84 Chapel Street, Masterton 84 Chapel Street, Masterton 84 Chapel Street, Masterton 33

Wairarapa

Masterton Masterton

Carterton 9-11 High High Street Street Carterton 9-11

Balter Balter Bar Bar and and Kitchen Kitchen

One One of of Carterton's Carterton's main main attractions, attractions, this this very very popular popular tapas tapas restaurant restaurant and and bar bar sits sits proudly on High Street close to the heart of the CBD where it benefits from good proudly on High Street close to the heart of the CBD where it benefits from good numbers numbers of of passing passing pedestrians pedestrians and and exposure exposure to to high high volumes volumes of of traffic. traffic. The The restaurant restaurant has has been been designed designed to to cater cater for for all all manner manner of of occasions occasions whether whether it's it's a a large group in for a fun night out, brunch with the kids, an intimate dinner for two, large group in for a fun night out, brunch with the kids, an intimate dinner for two, or or downtime downtime with with colleagues colleagues and and a a wine wine or or beer beer after after a a day day at at work. work. A A private, private, partially partially covered garden bar extending from the rear of the restaurant provides covered garden bar extending from the rear of the restaurant provides guests guests with with the the added benefit of access to the outdoors and al fresco dining all year round. added benefit of access to the outdoors and al fresco dining all year round.

84 Chapel Street, Masterton

84 Chapel Street, Masterton 34

For Sale By Negotiation For Sale By Negotiation Web pb.co.nz/MC70926 Web pb.co.nz/MC70926

Greg Ariell Greg M 027Ariell 435 6327 M 027 435 6327 P 06 379 7876 P 06 379 7876 grega@pb.co.nz grega@pb.co.nz 84 Chapel Street, Masterton

Masterton Masterton

Wairarapa

5 Waltons Avenue Masterton 5 Waltons Waltons Avenue Avenue Masterton 5 Masterton

High profile site for development and lease High profile profile site site for for development development and and lease lease High

Unique opportunity to position your business for maximum exposure and to be part of Unique opportunity opportunity to to position position your your business business for for maximum maximum exposure exposure and and to to be be part part of of Unique Mastertons prestigious Kuripuni Village. Mastertons prestigious Kuripuni Village. Mastertons prestigious Kuripuni Village.

For Sale By Negotiation For For Sale Sale By By Negotiation Negotiation Web pb.co.nz/MC63239 Web pb.co.nz/MC63239 Web pb.co.nz/MC63239

The owner of 5 Waltons Avenue Masterton will work with a commercial tenant to The owner owner of of 5 5 Waltons Waltons Avenue Avenue Masterton Masterton will will work work with with a a commercial commercial tenant tenant to to The develop new, purpose designed, quality premises on this high profile and very desirable develop new, purpose designed, quality premises on this high profile and very desirable develop new, purpose designed, quality premises on this high profile and very desirable corner site. corner site. site. corner The site benefits from being located on SH2 and Mastertons busiest street while The site site benefits benefits from from being being located located on on SH2 SH2 and and Mastertons Mastertons busiest busiest street street while while The enjoying easy access off Waltons Avenue with the added advantage of separate trade enjoying easy access off Waltons Avenue with the added advantage of separate trade enjoying easy access off Waltons Avenue withproximity the addedofadvantage of separate trade access via a neighbouring property. The close a public carpark, high end access via a neighbouring property. The close proximity of a public carpark, high end access via a neighbouring property. The close proximity of awalking public carpark, high end neighbouring commercial properties and being within easy distance from the neighbouring commercial commercial properties properties and and being being within within easy easy walking walking distance distance from from the the neighbouring centre of Kuripuni Village, all add to the value of this unique site. centre of Kuripuni Village, all add to the value of this unique site. centre of Kuripuni Village, all add to the value of this unique site. 84 Chapel Street, Masterton

Greg Ariell Greg Ariell Ariell Greg M 027 435 6327 M 027 027 435 435 6327 6327 M P 06 379 7876 P 06 06 379 379 7876 7876 P grega@pb.co.nz grega@pb.co.nz grega@pb.co.nz 84 Chapel Street, Masterton 84 Chapel Street, Masterton 84 Chapel Street, Masterton 35

Manawatu

Palmerston Palmerston North North

Palmerston 273 Broadway Broadway Avenue Avenue Palmerston North North 273

Prime Prime site site -- redevelop redevelop or or occupy occupy now! now!

One One of of Palmerston Palmerston North's North's few few remaining remaining redevelopment redevelopment sites sites on on Broadway Broadway Avenue's Avenue's "Golden Mile" has come to the market. This 751m²* site currently with "Golden Mile" has come to the market. This 751m²* site currently with villa villa built built in in the the early 1900's has a floor area of 197m²* and is zoned commercial. This superb location early 1900's has a floor area of 197m²* and is zoned commercial. This superb location offers offers options options for for the the new new owner owner to to either either land land bank bank for for the the future future or or redevelop redevelop right right now. now. • Ex medical practice, ideal for health or • • High High profile profile site site on on Broadway Broadway Avenue Avenue other professions • • Floor Floor area area 197m²* 197m²* • Vacant possession • • Land Land area area 751m²* 751m²* *more or less • • Zoned Zoned commercial commercial • • Onsite Onsite carparking carparking • • Ex Ex medical medical practice, practice, ideal ideal for for health health or or other other professions professions • Vacant possession 240 Broadway Avenue, Palmerston North • Vacant possession 240 Broadway Avenue, Palmerston North 36 *more *more or or less less

Auction Auction 1.00pm, 1.00pm, Thu Thu 10th 10th Sep, Sep, 2020, 2020, Property Brokers, 240 Broadway Property Brokers, 240 Broadway Avenue, Avenue, Palmerston Palmerston North North Web Web pb.co.nz/BC77467 pb.co.nz/BC77467 Dave Looney Dave M 027Looney 446 2889 M 027 446 2889 davel@pb.co.nz davel@pb.co.nz Kate Looney Kate M 021Looney 517 340 M 021 517 340 katel@pb.co.nz katel@pb.co.nz 240 Broadway Avenue, Palmerston North

Palmerston Palmerston North North

Manawatu

Broadway Avenue Palmerston North 155 Palmerston 155 Broadway Broadway Avenue Avenue Palmerston North North 155

For Sale -- Home of the China Inn For For Sale Sale - Home Home of of the the China China Inn Inn

Within walking distance and part of the Central Business District, this building has been Within walking distance and of the Business Within walking distance and part partfor of over the Central Central Business District, District, this this building building has has been been home to the China Inn business 34 years. home home to to the the China China Inn Inn business business for for over over 34 34 years. years.

For Sale By Negotiation For For Sale Sale By By Negotiation Negotiation Web pb.co.nz/BC69760 Web pb.co.nz/BC69760 Web pb.co.nz/BC69760

With all of the 260m² (more or less) area being used for the restaurant and bar With all the (more or area used for the and bar With all of ofthis theis260m² 260m² (more or less) less) area being being used for the restaurant restaurant and The bar business, an ideal building to continue the long history of hospitality. business, this is an ideal building to continue the long history of hospitality. The business, this is an ideal building to continue the long history of hospitality. The business of the China Inn is also For Sale meaning there is a potential lease in place. business business of of the the China China Inn Inn is is also also For For Sale Sale meaning meaning there there is is a a potential potential lease lease in in place. place. • Land area 352m² (more or less) • Land area 352m² (more or less) • Land area 352m² (more or less) • Floor area 260m² (more or less) • Floor area 260m² (more or less) • Floor area 260m² (more or less) 2018 • RV $790,000 as at 01 September • RV $790,000 as at 01 September 2018 • RV $790,000 as at 01 September 2018 • Land value $440,000 • Land value $440,000 • Land value $440,000 240 Broadway Avenue, Palmerston North

Lynette Lynette Love Love Lynette Love M M 027 027 244 244 5806 5806 M 027 244 5806 P 351 2877 P 06 06 351 2877 P 06 351 2877 lynette@pb.co.nz lynette@pb.co.nz lynette@pb.co.nz 240 Broadway Avenue, Palmerston North 240 Broadway Avenue, Palmerston North 240 Broadway Avenue, Palmerston North 37

Manawatu

Palmer

Palmerston Palmerston North North

Palmerston North Palmerston Palmerston North North

Manawatu Manawatu service service station station site site For For Sale Sale

Here is your opportunity to have the whole package - own the land, buildings and Here Here is is your your opportunity opportunity to to have have the the whole whole package package -- own own the the land, land, buildings buildings and and business in a sought after Manawatu location. business business in in a a sought sought after after Manawatu Manawatu location. location.

For Sale By Negotiation For For Sale Sale By By Negotiation Negotiation Web pb.co.nz/BC68976 Web pb.co.nz/BC68976 Web pb.co.nz/BC68976

The business has long term, secure supply agreements in place, upgraded fuel and The The business business has has long long term, term, secure secure supply supply agreements agreements in in place, place, upgraded upgraded fuel fuel and and storage tanks and established operating procedures with nationally recoginised storage tanks and established operating procedures with nationally recoginised storage tanks and established operating procedures with nationally recoginised brands. As the owner of the land and buildings you are your own landlord, and brands. brands. As As the the owner owner of of the the land land and and buildings buildings you you are are your your own own landlord, landlord, and and therefore can ensure strong income streams from both the property, and the business therefore can ensure strong income streams from both the property, therefore can ensure strong income streams from both the property, and and the the business business investments. investments. investments.

Dave Dave Looney Looney Dave Looney M M 027 027 446 446 2889 2889 M 027 446 2889 davel@pb.co.nz davel@pb.co.nz davel@pb.co.nz

• Land area 2,595m² and building size 430m² (more or less) • • Land Land area area 2,595m² 2,595m² and and building building size size 430m² 430m² (more (more or or less) less) • Business revenues $4 million + • Business revenues $4 million + • Business revenues $4 million +

Kate Looney Kate Looney Kate Looney M 021 517 340 M 021 M 021 517 517 340 340 katel@pb.co.nz katel@pb.co.nz katel@pb.co.nz

240 240 Broadway Broadway Avenue, Avenue, Palmerston Palmerston North North

240 Broadway Avenue, Palmerston North 38

Manawatu service station site For Sale

240 Broadway Avenue, Palmerston North

Palmerston North Manawatu Palmerston North Terrace 298 Broadway Broadway Avenue Avenue Terrace End End 298

Secure Secure your your future future -- Successful Successful Seafood Seafood Business Business

Deli-ca-Sea is well known throughout our region for providing us with fresh fish and Deli-ca-Sea is well known throughout our region for providing us with fresh fish and seafood, complimented with a wide range of gourmet delights, six days a week, from a seafood, complimented with a wide range of gourmet delights, six days a week, from a modern shop in a great Broadway location, with ample free parking and covered drivemodern shop in a great Broadway location, with ample free parking and covered drivethrough. With well-engineered systems in place, this turn-key business would make for through. With well-engineered systems in place, this turn-key business would make for a wise career choice in the ever-changing world we live in. As we strive to make a wise career choice in the ever-changing world we live in. As we strive to make healthier lifestyle choices and our focus on good food becomes greater, allow yourself healthier lifestyle choices and our focus on good food becomes greater, allow yourself to be part of the exciting food industry. to be part of the exciting food industry. The sale of this well-established business, with promising potential growth, presents a The sale of this well-established business, with promising potential growth, presents a fabulous opportunity to be your own boss and be confident of a secure future. This fabulous opportunity to be your own boss and be confident of a secure future. This could also be a perfect family venture. Training will be provided to create a smooth could also be a perfect family venture. Training will be provided to create a smooth transition. transition. 240 Broadway Avenue, Palmerston North 240 Broadway Avenue, Palmerston North

For Sale By Negotiation For Sale By Negotiation Web pb.co.nz/BC76695 Web pb.co.nz/BC76695

Kevin Carian Kevin M 027Carian 430 4045 M 027 430 4045 kevin.carian@pb.co.nz kevin.carian@pb.co.nz 39

Palmerston North Palmerston North Palmerston Palmerston North North Manawatu Cloverlea Cloverlea Cloverlea Cloverlea Cloverlea

Don't miss this opportunity - make an offer! Don't miss this opportunity - make an offer! Don't miss thisown opportunity - make an offer! Take control of your business and be your own boss! The well-established Don't miss thisown opportunity - make make an offer! Take control of your business and is be yourforown boss! The well-established Don't miss this opportunity an offer! Wayback Traders of Palmerston North ripe the taking. Take control of your own business and be your own boss! The well-established Wayback Traders of Palmerston North theboss! taking. Take control of your your own business business and is beripe yourfor own The well-established well-established Take control of own and be your The Wayback Traders of Palmerston North is ripe forown theboss! taking. Wayback Traders of Palmerston North is ripe for the taking. • Continued growth year upon year Wayback Traders of Palmerston North is ripe for the taking. • Continued growth year upon year • Continued growth year upon year Continued growth yeargenerating upon year yearsteady cashflows • Continued Strong trading results growth year upon • Strong trading results generating steady cashflows • Strong trading results generating steady cashflows Strong trading trading results generating generating steady cashflows cashflows • Strong Significant warehouse and retail showroom results steady • Significant warehouse and retail showroom • Significant warehouse and retail showroom Significant warehouse and retail showroom • Significant Delivery vehicles, trained staff and systems in place warehouse and retail showroom • Delivery vehicles, trained staff and systems in place • Delivery vehicles, trained staff and systems in place • Delivery Delivery vehicles, vehicles, trained trained staff staff and and systems systems in in place place •

For Sale By Negotiation For Sale By Negotiation Web pb.co.nz/BC74942 For Sale By Negotiation Web pb.co.nz/BC74942 For Sale By For Sale By Negotiation Negotiation Web pb.co.nz/BC74942 Web pb.co.nz/BC74942 Web pb.co.nz/BC74942 Dave Looney Dave M 027Looney 446 2889 Dave M 027Looney 446 2889 davel@pb.co.nz Dave Looney M 027 446 2889 davel@pb.co.nz Dave Looney M 027 027 446 446 2889 2889 davel@pb.co.nz M Kate Looney davel@pb.co.nz davel@pb.co.nz Kate Looney M 021 517 340 Kate M 021Looney 517 340 katel@pb.co.nz Kate Looney M 021Looney 517 340 katel@pb.co.nz Kate M 021 021 517 517 340 340 katel@pb.co.nz M katel@pb.co.nz 240 Broadway Avenue, Palmerston North katel@pb.co.nz 240 Broadway Avenue, Palmerston North

240 Broadway Avenue, Palmerston North 240 Broadway Avenue, Palmerston North 240 Broadway Avenue, Palmerston North

Feilding Feilding Feilding

Manawatu

Kawa Kawa Road and South Street Feilding Feilding Kawa Kawa Kawa Road Road and and South South Street Street Feilding Kawa

High profile commercial land for sale High profile commercial land for sale High profile commercial land for sale A total 29,400m² approx. of prime commercial land is available in lots from 2000m²

A total 29,400m² approx. of prime commercial land is available in lots from 2000m² A total 29,400m² approx. ofwith prime commercial land is available in lotsand from 2000m² upwards. upwards. An An ideal ideal location location with high high traffic traffic volumes volumes close close to to the the CBD CBD and on on the the main main upwards. An ideal location with high traffic volumes close to the CBD and on the main arterial routes of Feilding. arterial routes of Feilding. arterial routes of Feilding. On On the the doorstep doorstep to to Manfeild Manfeild Park, Park, home home to to motorsport, motorsport, equestrian equestrian events, events, central central On the field doorstep to Manfeild Park,and home to motorsport, equestrian events, other central district days and Manawatu Feilding I A and P shows, plus district field days and Manawatu and Feilding I A and P shows, plus many many other local local district field days and Manawatu and Feilding I A and P shows, plus many other local events. events. events. Feilding Feilding and and Manawatu Manawatu is is now now a a major major distribution distribution hub hub for for the the lower lower central central north north FeildingSurrounding and Manawatu is now include a majorOvation distribution hub for the lower central north island. businesses Meat Processors, Claas island. Surrounding businesses include Ovation Meat Processors, Claas Harvest Harvest Centre, Centre, island. Farming, Surrounding businesses include Ovation Meat Processors, Claas Harvest Centre, Power Power Farming, Farmlands Farmlands and and RD RD 1. 1. Power Farming, Farmlands and RD 1. 54 Kimbolton Road, Feilding

For Sale By Negotiation For Sale By Negotiation For By Negotiation WebSale pb.co.nz/FC70119 Web pb.co.nz/FC70119 Web pb.co.nz/FC70119

Ian Steele Ian Steele M 027 441 1235 Ian Steele M 027 441 1235 P 06 323 1527 M 027 441 1235 P 06 323 1527 ian@pb.co.nz P 06 323 1527 ian@pb.co.nz ian@pb.co.nz 54 Kimbolton Road, Feilding 54 Kimbolton Road, Feilding 54 Kimbolton Road, Feilding 41

Feilding Feilding

Manawatu 100 Fergusson Fergusson Street Street Feilding 100 Feilding

Retail Premises Premises Retail

On the the main main shopping shopping Street Street in in the the heart heart of of Feildings Feildings CBD, CBD, a a spacious spacious retail retail shop. shop. On • Floor Floor area area 420m² 420m² approx. approx. • • Two rear staff car parks • Two rear staff car parks

For For Sale Sale By By Negotiation Negotiation Web pb.co.nz/FC49019 Web pb.co.nz/FC49019

Ian Steele Ian Steele M 027 441 1235 M 027 441 1235 P 06 323 1527 P 06 323 1527 ian@pb.co.nz ian@pb.co.nz 54 Kimbolton Road, Feilding

54 Kimbolton Road, Feilding 42

54 Kimbolton Road, Feilding

30%

700+ staff

$2.2bn

Average market share

A True Team working for you across Property Brokersâ&#x20AC;&#x2122; country

Total value of sales in 2020

265,389km2

2 winners

We service the whole of provincial New Zealand from Kaitaia to Bluff

Small Residential Office and Medium Residential Office of the Year

Customer Satisfaction Score. (Industry average is -2)

Results that speak for themselves No one knows property in the regions better than us. To know a market, you need to live in it. You canâ&#x20AC;&#x2122;t service it from a distance. Our heartland connection means we have the insights to bring the right people together so you get the most value out of your property. Looking to buy, sell, invest or have your property managed? Call us on 0800 367 5263 or go to pb.co.nz

Horowhenua

Palmerston North

Levin 93 and 93A Tararua Road, 162 and 182 Arapaepae Road

Imagery sourced from LINZ DATA Service

Large Undeveloped Industrial Block Located on the corner of SH57 and Tararua Road, this 49.6 ha site in 4 titles is Levins last large undeveloped industrial block offering a range of options for the new owner. Adjacent to the successful Council associated Business Park and directly opposite the recently announced 400ha Taraika residential development, the value and desirability of this site is enhancing by the day.

For Sale By Negotiation

• 49.6 hectares in 4 titles • Zoned industrial • Adjoins recently developed successful Business Park • Opposite future 400ha Tararika residential development • Close to new Otaki to North of Levin Expressway and off-ramp

Christian Cullen M 021 027 808 450 503 1342 David Pollock M 027 450 1342 Owen Kirk M 027 742 0225

240 Broadway Avenue, Palmerston North 44

Web pb.co.nz/LC77769

240 Broadway Avenue, Palmerston North

Palmerston North Palmerston Palmerston North North

Tararua

Pahiatua 139 Main Street Pahiatua 139 Main Main Street Street Pahiatua 139 139 Main Street Pahiatua

Better return than money in the bank! Better than money the For Sale - return 139 and 139A Street,in Pahiatua Better return thanMain money in the bank! bank! Better return than money in the bank!

For Sale - 139 and 139A Main Street, Pahiatua For Sale Sale -- 139 139 and and 139A 139A Main Main Street, Street, Pahiatua Pahiatua For With interest rates at an all time low and with an established long-term tenant, this With interest ratesan at opportunity an all time low with aninvestor established long-term property presents for and the astute to secure a solidtenant, return this on With interest interest rates rates at at an an all all time time low low and and with with an an established established long-term long-term tenant, tenant, this With property presents an opportunity for the astute investor to secure a solid return this on their investment. property presents presents an opportunity for the astute investor to secure a solid return on property their investment. an opportunity for the astute investor to secure a solid return on their investment. investment. their • Original long term tenant Original long term • 10 year lease with tenant 5 years to run Original long long term term tenant tenant •• 2 Original 10 year of lease with 5ofyears to run • rights renewal 5 years each • 10 year lease with 5 years years to to run • $39,000 10rights year of lease with 5 2 of 5(+gst) yearsrun each • parenewal net rental 2 rights rights of of renewal renewal of of 5 years years each each •• New 2 $39,000 pa net rental5(+gst) • modern fit-out • $39,000 pa net rental (+gst) • Top $39,000 pa net rental (+gst) 2 New modern • location -fit-out State Highway New modern modern fit-out •• Top New • location -fit-out State Highway 2 Top location location -- State State Highway Highway 2 2 •• Top 240 Broadway Avenue, Palmerston North

For Sale $520,000 + GST (if any) For Sale $520,000 + GST (if any) Web pb.co.nz/BC70489 For Sale Sale $520,000 ++ GST GST (if (if any) any) For $520,000 Web pb.co.nz/BC70489 Web pb.co.nz/BC70489 pb.co.nz/BC70489 Web

Kevin Carian M 027Carian 430 4045 Kevin kevin.carian@pb.co.nz Kevin Carian M 027Carian 430 4045 Kevin M 027 027 430 430 4045 4045 kevin.carian@pb.co.nz M kevin.carian@pb.co.nz kevin.carian@pb.co.nz

240 Broadway Avenue, Palmerston North 240 Broadway Avenue, Palmerston North 240 Broadway Avenue, Palmerston North 240 Broadway Avenue, Palmerston North 45

Whanganui

Whanganui Whanganui Whanganui

Whanganui 3-5 Churton Churton Street Street Whanganui Central Central 3-5 Whanganui Central 3-5 Churton Street

Where Where size size matters matters Where size Is your focus on matters motorbike sales and servicing? Are you looking for a light industrial

Is your focus on motorbike sales and servicing? Are you looking for a light industrial building with on parking, workshop display space plus large showroom or Is your focus motorbike salesand andproduct servicing? Are you looking for a light industrial building with parking, workshop and product display space plus large showroom or work space? building with parking, workshop and product display space plus large showroom or work space? work space? The timber floor, steel portal main building plus timber frame additions with slab The timber floor, steel portal main building plus timber frame additions with slab floors, total floor, 496m² (more or less) is deceptive in sizeframe from the street.with All this The timber steel portal mainand building plus timber slabplus floors, total 496m² (more or less) and is deceptive in size fromadditions the street. All this plus two lockup yard areas, on 1,254m² (more or less) section in 2 titles. floors, totalyard 496m² (more less) and is deceptive in size from the street. All this plus two lockup areas, on or 1,254m² (more or less) section in 2 titles. two lockup yard areas, on 1,254m² (more or less) section in 2 titles. A central location alongside light industry and trades businesses, A central location alongside light industry and trades businesses, 3-5 Churton Streetalongside presents as a spacious, secure business option. A central location light industry and trades businesses, 3-5 Churton Street presents as a spacious, secure business option. The layout means less area allocated for offices, so the whole ground floor can be 3-5 Streetless presents as a spacious, secureso business option. TheChurton layout means area allocated for offices, the whole ground floor can be utilised for the business, with administration and amenities accommodated upstairs. The layout means less area for offices, the whole ground floor can be utilised for the business, withallocated administration and so amenities accommodated upstairs. utilised for the business, with administration and amenities accommodated upstairs. 51 Taupo Quay, Whanganui

For Sale By Negotiation For Sale By Negotiation For By Negotiation WebSale pb.co.nz/WGC73626 Web pb.co.nz/WGC73626 Web pb.co.nz/WGC73626

Gil Button Gil021 Button M 326 956 Gil Button M06 021 326 956 P 281 3709 M 021 326 956 P 06 281 3709 gil.button@pb.co.nz P 06 281 3709 gil.button@pb.co.nz gil.button@pb.co.nz

51 Taupo Quay, Whanganui

51 Taupo Quay, Whanganui 46

51 Taupo Quay, Whanganui

Whanganui Whanganui

Whanganui

Castlecliff 1 Imlay Imlay Place Place Castlecliff 1

A A strong strong industrial industrial investment investment

Located at the junction of Heads Road, Beach Road and Imlay Place, Whanganui, this Located at the junction of Heads Road, Beach Road and Imlay Place, Whanganui, this two warehouse property will appeal as a high profile industrial investment. two warehouse property will appeal as a high profile industrial investment. The corner building includes an office of 376m²*, the warehouse having a 4.2m stud, is The corner building includes an office of 376m²*, the warehouse having a 4.2m stud, is 2,573m²* - total is 2,949m²*. The second excellent high stud warehouse alongside has 2,573m²* - total is 2,949m²*. The second excellent high stud warehouse alongside has an extensive yard and backs on to the railway line and Heads Road, with access from an extensive yard and backs on to the railway line and Heads Road, with access from Imlay Place. A 1440m²* steel portal building, 6.5m stud, 9.3m at the apex, with exterior Imlay Place. A 1440m²* steel portal building, 6.5m stud, 9.3m at the apex, with exterior amenities block and extensive yard area. Two truck access doors, automatic sprinkler amenities block and extensive yard area. Two truck access doors, automatic sprinkler system, alarm system and security fencing which secures the complete property. There system, alarm system and security fencing which secures the complete property. There are 2 significant tenants, TRS Tyre & Wheel and Wight Aluminium Group. are 2 significant tenants, TRS Tyre & Wheel and Wight Aluminium Group. *more or less *more or less 51 Taupo Quay, Whanganui

For Sale By Negotiation For Sale By Negotiation Web pb.co.nz/WGC65237 Web pb.co.nz/WGC65237

Gil Button Gil Button M 021 326 956 M 021 326 956 P 06 281 3709 P 06 281 3709 gil.button@pb.co.nz gil.button@pb.co.nz 51 Taupo Quay, Whanganui 51 Taupo Quay, Whanganui 47

Whanganui

Whanganui East 19 Poutini Street

East self storage A gem of an investment, this specialist 14 unit storage facility offers a wide range of sizes from 4.5 cubic metres to 40 cubic metres, a definite advantage in the strong storage rental market. East Self Storage, street side location in Whanganui East, has swipe card and controller access, is security alarmed and with a high tech camera monitoring system, this totally enclosed storage facility is now for sale. Deadline sale closes 28 August 2020.

For Sale By Negotiation Web pb.co.nz/WGC77381

Gil Button M 021 326 956 P 06 281 3709 gil.button@pb.co.nz 51 Taupo Quay, Whanganui 48

51 Taupo Quay, Whanganui

Looking to turn your innovation and ambition into a successful career? Youâ&#x20AC;&#x2122;re going to want to attend our recruitment evening! Scan me or visit pb.co.nz/think-differently

Property Brokers Ltd Licensed REAA 2008

Kapiti Coast Kapiti Coast Kapiti Coast KÄ piti Kapiti Coast Paraparaumu 8, 12, 12, 16, 16, 20 20 Te Te Tupe Tupe Road Road Paraparaumu 8, Paraparaumu 8, 12, 16, 20 Te Tupe Road Paraparaumu 8, 12, 16, 20 Te Tupe Road

ka u

Pa l

d e Roa

p Te Tu

ain

rth

Ro a

Great Development Opportunity Great Development Opportunity Great Development Opportunity Great Development Opportunity 4 adjoining sections individually more than 2000sqm and combined totaling Great Development Opportunity

4 adjoining sections individually more than 2000sqm and combined totaling 4 adjoining 9,525sqm. 4 adjoining sections sections individually individually more more than than 2000sqm 2000sqm and and combined combined totaling totaling 9,525sqm. 4 adjoining sections individually more than 2000sqm and combined totaling 9,525sqm. 9,525sqm. 9,525sqm. The change in zoning from Tourist Activity to the new Outer Business zoning means The change in zoning from Tourist Activity to the new Outer Business zoning means The change zoning from Tourist the Outer Business zoning these quality,in serviced are nowto owner occupiers andmeans or The change infully zoning from sections Tourist Activity Activity toavailable the new new to Outer Business zoning means thesechange quality,in fully serviced sections are nowto available to owner occupiers andmeans or The zoning from Tourist Activity the new Outer Business zoning these quality, fully serviced sections are now available to owner occupiers and or developers. these quality, fully serviced sections are now available to owner occupiers and or developers. these quality, fully serviced sections are now available to owner occupiers and or developers. developers. developers. This opportunity will appeal to a wide audience from commercial through medium This opportunity will appeal to a wide audience from commercial through medium This opportunity will appeal a density housing and workto This opportunity will live appeal tounits. a wide wide audience audience from from commercial commercial through through medium medium density housing and workto units. This opportunity will live appeal a wide audience from commercial through medium density housing and live work units. density housing and live work units. density andwith live the workKapiti units.Coast experiencing great growth and a shortage of A great housing time to act A great time to act with the Kapiti Coast experiencing great growth and a shortage of A great time to act with the Kapiti stock. A great time to act with the Kapiti Coast Coast experiencing experiencing great great growth growth and and a a shortage shortage of of stock. A great time to act with the Kapiti Coast experiencing great growth and a shortage of stock. stock. stock. 50

Imagery sourced from LINZ DATA Service For Sale By Negotiation For Sale By Negotiation For By Web pb.co.nz/KPC77173 For Sale Sale By Negotiation Negotiation For Sale By Negotiation Web pb.co.nz/KPC77173 Web pb.co.nz/KPC77173 Web pb.co.nz/KPC77173

David Pollock David M 027 Pollock 450 1342 David Pollock David M 027 Pollock 450 1342 david.pollock@pb.co.nz M 027 450 1342 1342 David Pollock M 027 450 david.pollock@pb.co.nz david.pollock@pb.co.nz M 027 450 1342 david.pollock@pb.co.nz david.pollock@pb.co.nz Christian Cullen Christian M 021 808Cullen 503 Christian Cullen Christian M 021 808Cullen 503 christian@pb.co.nz M 021 808 503 Christian Cullen M 021 808 503 christian@pb.co.nz christian@pb.co.nz 027 808 450 503 1342 M 021 christian@pb.co.nz christian@pb.co.nz

11 Kodex Place, Paraparaumu 11 Kodex Place, Paraparaumu 11 Kodex Kodex Place, Paraparaumu Paraparaumu 11 11 Kodex Place, Place, Paraparaumu 11 11 Kodex Kodex Place, Paraparaumu

Recently sold

SOLD

200 Broadway Avenue and 591 Main Street, Palmerston North • Sale Date 30 March 2020 • Sale Price $10,769,000

SOLD

114 -122 Heretaunga Street East, Hastings • Sale Date 28 January 2020 • Sale Price $1,830,000

SOLD

5/42 Grey Street, Gisborne • Sale Date 17 December 2019 • Sale Price $4,500,000

SOLD

60 Wilson Street, Whanganui • Sale Date 2 December 2019 • Sale Price $1,256,300

SOLD

751-759 Main Street, Palmerston North • Sale Date 31 July 2019 • Sale Price $5,700,000

SOLD

1462 Omahu Road, Hastings • Sale Date 28 June 2019 • Sale Price $3,100,000

Property Brokers Licensed REAA 2008

Here’s our promise Our people have the experience and expertise to support your needs and deliver you the best results. Our True Team promise is our undertaking that when you work with us, while you’ll still have a lead agent, you’re guaranteed to have a true team of equally committed agents, marketing experts and support staff working for you, right across the country. They will put your interests first, to get you and your property the best result. For over three decades, we’ve been contributing to the prosperity and wellbeing of provincial communities that we call home.

Looking to buy, sell, invest or have your property managed? Call us on 0800 367 5263 or go to pb.co.nz

Proud to be here