The succession of Official Cash Rate (OCR) cuts through the second half of 2024 has injected a degree of hope into the commercial property market for next year, say Bayleys market commentators.
Two prime leasing opportunities have become available in a newly refurbished commercial block strategically positioned between Havelock North and Hastings.
A fully tenanted freehold unit-titled retail investment property in the main street of Rotorua’s CBD, could find traction with first-time commercial investors say agents marketing the offering.
The sale of the only supermarket servicing New Zealand’s most affluent suburb represents an unmissable chance to acquire a newly built, low-maintenance asset in one of the region’s most desirable urban precincts, brokers say.
A residential development opportunity with two frontages at the primary entrance to one of the Auckland region’s most popular regional parks is offered to the market with a declared auction reserve of $100,000.
The South Island market update reveals that, despite recent economic pressures, new opportunities are emerging. Driven by population growth, infrastructure upgrades, and fast-tracked projects, the property market starts the journey to recovery.
Infrastructure upgrades and fast-tracked developments are fuelling growth across the Golden Triangle, with key housing and land developments set to deliver significant benefits.
Occupiers, landlords and facilities’ managers can work together to find pathways to more efficient energy practices.
Confidence is emerging in the retail sector despite lingering economic headwinds, and occupiers are more optimistic that better times are ahead.
The large-scale South Auckland packhouse and cool room facility operated by a leading player in the kiwifruit industry has gone up for sale.
The prominent land and building housing a provincial rural branch of one of New Zealand’s most well recognised fast-food chains has been placed on the market for sale.
Two established tenants and favourable zoning for future development options underpin the value of a split-risk industrial investment property in Pakuranga that is now for sale.
The property housing a busy Burger King in a key Auckland metropolitan hub is up for sale with major redevelopment on the menu.
The land and building housing a rural branch of one of New Zealand’s foremost animal healthcare clinics and retail operations have been placed on the market for sale.
Land and buildings set up to operate as an upmarket boutique accommodation lodge and motel – located beside a park-like golf course in one of New Zealand’s foremost big game fishing destinations – have been placed on the market for sale.
A prime residential development opportunity with approvals in place has hit the market in the ‘jewel of the Hawke’s Bay’, ready for strategic investors and developers to seize the momentum of an accelerating market, Bayleys salespeople say.
The look and feel of Auckland’s East Coast Bays continues to evolve with new residential-led developments and supporting commercial space creating fresh neighbourhood precincts in a strong growth corridor.
A character villa on the main arterial connecting Auckland’s Central Business District with the fashionable suburbs of Ponsonby and Herne Bay offers landlords, investors, and owner-occupiers an opportunity to secure a commanding standalone premises .
An immaculately refurbished heritage villa in the heart of Grey Lynn’s vibrant West Lynn Village is offered to the market amid renewed demand from passive investors in healthy commercial opportunities.
A tenanted investment property within Rotorua’s preferred agricultural service precinct has been placed on the market for sale, with agents saying the industrial sector has continued to perform well in the region.