Property Brokers Commercial Outlook November 2021

Commercial

Outlook November 2021

Property Brokers Head Office 240 Broadway Avenue, Palmerston North November 2021 Property Brokers Licensed REAA 2008 PB055703

Commercial Outlook Contents

11 For Sale

56 For Lease

05 Commercial Overview

12 Waikato

57 Waikato

06 Regional Insights

21 Hawke's Bay

61 Hawke's Bay

10 Commerical Property Management: Government introduces law change

31 Taranaki

68 Whanganui

32 Manawatū

73 Manawatū

43 Whanganui

78 Horowhenua/Kapiti

45 Horowhenua

80 Wairarapa/Wellington

49 Wairarapa

81 Canterbury/Otago

50 Kapiti 54 Recent Sales

Commercial Sales & Leasing

Commercial

Property Management

Commercial

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

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Why the provinces are attracting investors

Marty Love

National Commercial Manager

Yields in the provinces are proving a very attractive proposition to those who have traditionally invested in the main centres as they look for higher returns on their investment.

The provincial property boom we are currently experiencing has been unprecedented and there are still more factors that are bound to push the value of Commercial property in the provinces even higher. Demand for well leased investment properties remains high in most markets with a lot of investor interest now focusing outside the main centres and in the provinces.

Investors know that the key attributes of a good investment property include those properties that are new or seismically strong, are well tenanted with a strong lease, are in a location of growth and those with the prospect of rental growth over the term of the lease.

Provincial New Zealand is delivering such properties.

With the growth of Business and Industrial Parks, and a focus on Transport, Freight and Logistic Hubs, developers and investors are turning their eye to the provinces, looking for returns they can’t achieve in the cities.

Business and industrial Parks such as Waharoa Industrial Park in Waharoa, Irongate in Hastings, Izone Business Park in Rolleston, Ashburton Business Park in Ashburton and Washdyke Business Park in Timaru are providing investors with new, easy to manage buildings, with long term tenants that enjoy the security of the “clustering effect” Business Parks give them.

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While many of the above mentioned locations were historically achieving yields of anything from 7-15%, it is now common place for these towns to achieve yields in the range of 5.5% to 7.00%, with some properties of exceptional quality achieving yields south of 5.5%. Older properties that don’t exhibit all the desired characteristics however, ie good seismic ratings, strong lease covenants and rental growth prospects inevitably are reflected in the yield and are more likely to fall within the 7.5 to 8.5% yield range, giving the smaller investor the opportunity to invest in a growth market.

Taupo Commercial Sales Consultant Ulf Furher says “In the city, councils are often slow to react and find it easier to say “no” to growth than “yes”. Provincial councils are much smaller and tend to be forward-facing to development and growth projects, because, at the end of the day, this all adds to the growth of the town and the councils’ coffers. What is prevalent is the greater focus on the development of business and industrial parks outside city centres. This has been commonplace in the likes of the UK for a long time, with these parks becoming a thriving hub of business activity and a nucleus of shared ideas.

So why’s investing in the provinces so attractive?

While interest rates remain relatively low, there is, and will continue to be substantial provincial drift. Wellington and Auckland migrants are a strong driver. The Property Brokers commercial team are currently seeing a strong sellers’ market, with substantially more buyers than sellers. Auckland investors are now looking to the provinces in order to find investments with a good yield.

Entry into commercial investment is often cheaper in the provinces. This is due to lower land values and more available space (supply and demand).

Cities, where land and space are at a premium mean developers and building owners can command maximum prices, often being able to sell investments in very competitive situations with multioffers seen on many properties. Auction or Tender are frequently-used methods of sale to extract the maximum sales price which may be from national or international buyers. In many instances, mum and dad investors are priced out of this market.

On the other side of the fence, investors are getting brand new, state of the art buildings, often of simple, low maintenance construction, long term stable tenants in a growth location.

Why wouldn’t one invest in this type of market?

We also know 80% of all New Zealand businesses are SMEs, many of these based outside of city centres. Cities are not self-sustaining – they require the products, services and manpower from provincial New Zealand to exist and survive. The majority of the country’s GDP comes from outside the main city centres, which is unlikely to change in our lifetime”.

Marty Love

National Commercial Manager Property Brokers Ltd

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Regional Insights Waikato-Bay of Plenty The golden triangle continues to perform above expectation in 2021 with Bay of Plenty and Waikato leading the way. Over the past decade industrial building consents have doubled and subdivisions like Tauriko in Tauranga have seen major development take place.

The proposed Rangiuru Business Park at Te Puke will add a further 178ha of land for development over four stages.

Alan Copeman

Waikato/Bay of Plenty Commercial Manager

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In the Waikato both Te Rapa Gateway and Titanium Park at Hamilton Airport have seen significant progress along

with a surge of interest in Hautapu. The currently under construction Ruakura Superhub, a 490ha development which includes an inland port, being developed as a joint venture between Port of Tauranga and Tainui Group is sure to change the landscape in and around the Waikato.

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Gisborne While the economy in the Gisborne District is still moving along quite strongly we are beginning to see the strain of the Auckland lockdown and the Alert Level Two we are currently experiencing beginning to take its toll. Like most of New Zealand, the retail a number of retail business owners are finding the uncertainty of Covid very unsettling and are looking to sell or retire rather than continue to battle it out.

On a more positive note, forestry continues to experience strong growth with a significant number of smaller investors looking for properties under 100 hectares while there is also good demand for the larger estates from the bigger players. This forestry activity continues to underpin a lot of the business activity in and around Gisborne.

There also continues to be strong interest from the wood processing industry in securing industrial land in the area to facilitate everything from milling to high tech timber treatment.

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Pressure on industrial land continues with virtually no developed industrially zoned land available however we tend to operate on a hand to mouth basis finding properties that can be repurposed or for infill development.

With bank deposit rates so low (although inching upwards) there is still a strong demand for investment properties. Most good quality properties with strong leases are tending to hover around the 6% to 7% range although we have seen a dip to 5% for new industrial property.

Commercial investment enquiry remains strong although there is a significant decline in demand for CBD retail due to the online shopping trend.

Horticulture, mainly kiwifruit and apples also remains strong and continues to develop.

Philip Searle

Commercial Sales Consultant Gisborne

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Hawkes Bay Like the rest of New Zealand, the Commercial market in the Hawkes Bay has been trading through the Covid 19 lockdown period with barely a hiccup.

Demand for retail, office and industrial space in the Bay is still strong despite doomsayers having predicted the (property) world would tank. There are a number of reasons that can be attributed to this strong showing Key measures for Hawke’s Bay as at mid-2021: •

Unemployment decreasing from 4.1% to 3.2% over the past 18 months

•

Regional economy ranking is up 9 places to 2nd since pre-COVID

•

Retail occupancy is stable

•

Quarterly retail spending is up 7.0% on 18 months prior

•

New building consents in all categories is up 41%, (for residential specifically up 53% for past 12 months)

•

Median house price is up 35% in past 18 months

Industrial:

Retail:

Hawke’s Bay commercial-industrial property values continue to show strong growth. Yields have trended down to all-time lows and therefore coinciding are higher asset values. Land values, including industrial, were tracking upwards in 2018-19 and since COVID have firmed further.

Hawke’s Bay retail occupancy has edged up to 94%, up 1 point on pre-pandemic and is now matching Q1-19 that is the highest retail occupancy level in six years since bottoming out at 90% in 2015.

The October $79.5m sale-and-leaseback of the T&G post-harvest operations, a 9.6 hectare property at 22 Whakatu Road sold with a 15-year triple net lease, shows that investment confidence from major players in the Bay is still strong. This sale to Property for Industry Ltd (PFI) reflects a 4.4% yield.

Hawke’s Bay physical stores retail occupancy 2019-2021 is displaying an improvement trend and very good resilience to COVID effects and online retail headwinds. Retail spending for 2020-21 is trending strongly up 13% to 36%.

(Source: Turley & Co)

Paul Garland

Sales Manager - Commercial Hawke's Bay

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Manawatu A commissioners’ hearing into plans by KiwiRail to designate land for a 177-hectare development to build massive rail yards, container handling and freight forwarding facilities on the outskirts of Palmerston North has recently concluded, bringing both excitement and uncertainty for those affected by the planned development.

The $40 million investment from the Governments Provincial Growth Fund for the planning, designating and acquisition of land has meant that the dream is looking like being a reality sooner rather than later which Mayor Grant Smith has said “would unlock other opportunities, attracting more distribution and logistics companies to the region, which would need support from other trades and services”.

was forecast to increase by more than 50 per cent in the decades ahead and Manawatū would be crucial in keeping pace. Palmerston North is already a key logistics and distribution centre for the lower North Island and the regional freight hub will help take that to a new level – attracting more distribution businesses and helping create jobs while reducing congestion from heavy trucks in and around the city.”

KiwiRail group chief executive Greg Miller believes the centre could attract $2b to $4b of additional investment to the region while the future employment numbers could see up to 2000 people working on site.

While these hearings have dominated Commercial headlines in the Manawatu recently, Commercial agents around the region have reported solid trading results over the past 12 months, with sales consistently breaking records and yields tightening, with some sales achieving yields more aligned to Auckland returns.

Former Cabinet Minister Shane Jones said “New Zealand’s freight traffic

With the KiwiRail Freight Hub now a real possibility, national and international companies are snapping up available land in an attempt to landbank for the future, pushing land prices up higher and yields further south.

Marty Love

National Commercial Manager

Wairarapa The Wairarapa is experiencing phenomenal growth and showing no sign of slowing!

Wellingtonians have finally realised they can enjoy the wonderful Wairarapa lifestyle with a quick commute by car or train to the big smoke when they need to.

In the residential market, there are a number of large high end subdivisions such as The Barracks and The Plains in Masterton, and Tararua Junction, Stonebrook, Westwood and Kaitara Park in Greytown being sold down which adds demand to the Commercial and industrial market.

The Wairarapa Commercial team are working on a number of industrial hubs

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including a “lock up and leave” style complex for tradies, large industrial workshops and a large industrial and business park in the South Wairarapa to accommodate the demand from local and national tenants.

With a substantial portfolio of Commercial properties currently listed for sale and the new developments planned

for the region, the growth of Wairarapa Commercial division looks set to continue for sset to continue well into the future.

Liam Abbott

Commercial Sales Consultant - Greytown

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Government introduces law change

Kerry Harford

Senior Commercial Property Manager

The government has introduced a law change which will which will affect commercial leases that don’t have an existing"no access in emergency", a provision requiring a fair proportion of rent and outgoings to be paid when a tenant has been unable to conduct their business due to the Covid-19 lockdown restrictions. Once the law is passed, it will be backdated to take effect from 28 September 2021.

It is important to understand that most modern leases already have this clause and this only applies to older leases. What is worrying is that the Government believes it has the power to alter leases retrospectively.

One of the common modern leases used by Property Brokers is the Auckland District Law Society lease (ADLS lease).

Following the Christchurch earthquakes, the lease was updated to deal with

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situations where a tenant cannot access the premises because of an emergency.

The lease defines “emergency" as including an epidemic. Although the lease wasn't drafted with COVID-19 in mind, it clearly includes this epidemic.

This means that landlords and tenants will need to try to agree on the amount of rent and outgoings that is fair.

The next question is of course what is a “fair" proportion, and how is it calculated? There is no definition or guidance in the ADLS lease itself.

There is also no case law on this clause, therefore there is no guidance from the courts to assist.

idea or even a clause stating no rent abatement applies.

Property Brokers Commercial Property Management has once again been busy over the lockdown period dealing with this. Because of our large network, we have been able to follow what has been custom and practise and applied this in our landlords’ situations. Hopefully with the increasing vaccination rates this will be a thing of the past.

Kerry Harford

Senior Commercial Property Manager Property Brokers Ltd

An increasing trend is that parties to a lease can agree that the changes implied by the new law do not apply to them. A number of agreements I have seen are now carrying a clause that specifies any rent reduction ahead of time which seems like a good

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Commercial

For Sale

Waikato Cambridge 181 Hannon Road SaleSale For

Hannon Industrial Estate With significant frontage on the Waikato Expressway at Cambridge, the Hannon Industrial Estate at Hautapu is set to become the premium hub for business in the heart of Waikato.

With easy access to the Expressway and developers keen to discuss design/build options for your business, get in touch today to explore the endless possibilities offered by this premium location. Sites from 2000m² to 10,000m² (more or less) for sale and available now.

For Sale By Negotiation View By appointment Web pb.co.nz/HMC95574

Alan Copeman M 021 874 222 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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E alan.copeman@pb.co.nz Proud to be here Proud to be here

Waikato Cambridge Lot 2 & 3 181 Hannon Road SaleSale For

Hannon Road Industrial Estate - secure your space 6 x 230m² industrial units (unit titles to be issued) • Zoned industrial • Due for completion Q1 2023 • 5 minutes to Cambridge CBD • Adjacent to Waikato Expressway Hautapu interchange with development works underway now, the Hautapu Industrial Estate at 181 Hannon Road is set to become the premium industrial park in the Waikato.

Due for completion Q1 2023, now is the time to secure your space. The developer will negotiate with potential purchasers as to the size and final fitout requirements (prior to unit titles being issued).

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For Sale By Negotiation View By appointment Web pb.co.nz/HMC97327

Alan Copeman M 021 874 222 Tony Wakelin M 021 569 299

E alan.copeman@pb.co.nz E tony.wakelin@pb.co.nz Proud to be here 13

Waikato Lot 1 280 Peake Road Cambridge Cambridge Lot 1 280 Peake Road SaleSale For

Industrial Land Hautapu Rarely does land come up for sale in this highly desirable industrial location • Sole Agency • Lot 1 - 2954sqm • Close to expressway on/off ramps • Minutes from Cambridge • Secure your spot in this industrial lot today • Services: Power and Fibre

For Sale By Negotiation View By appointment Web pb.co.nz/CBC96814

Alan Copeman M 021 874 222 Tony Wakelin M 021 569 299 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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E alan.copeman@pb.co.nz E tony.wakelin@pb.co.nz Proud to be here Proud to be here

Waikato Cambridge Lot 6 280 Peake Road SaleSale For

Hautapu - New Industrial Design/Build • 2 separate tenancies available • Tenancy 1 - 370m² warehouse & 73m² office • Tenancy 2 - 414m² warehouse and 72m² office • Total site area 2500m² • Fitout completed to tenant specifications

For Lease By Negotiation View By appointment Web pb.co.nz/CBC96662

Minutes from Cambridge Due to be completed Q2 2022, this new build industrial site in the Peake Road industrial development is minutes from Cambridge and adjacent to the Waikato Expressway. The site can be developed for either sole or separate tenants. The developer is happy to arrange fitout to meet tenant needs and specifications.

Alan Copeman M 021 874 222 Tony Wakelin M 021 569 299 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

E alan.copeman@pb.co.nz E tony.wakelin@pb.co.nz Proud to be here 15

Waikato Waharoa 66-70 Seddon Street SaleSale For

Developers Dream in Waharoa • 1877m² approx. of vacant flat land • 2 titles • Right next to busy SH27 • Zoned commercial

For Sale By Negotiation View By appointment Web pb.co.nz/HMC98198

Ideally located in prime position right next to State Highway 27 in the fast-developing Waharoa commercial/industrial area and just 5 minutes from Matamata CBD, this vacant site is crying out for commercial development.

Sites like this are rare in the Matamata-Piako district, so you'll need to be quick to secure this one!

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Tony Wakelin M 021 569 299 Alan Copeman M 021 874 222

E tony.wakelin@pb.co.nz E alan.copeman@pb.co.nz Proud to be here Proud to be here

Waikato Cambridge 13 Matos Segedin Drive SaleSale For

Rare find in Cambridge industrial park Very rarely do buildings come up for sale in Matos Segedin drive, Cambridge. This 295m² building is on 1295m² of land.

Just minutes to Cambridge town this property is set up ideally for tradies and owner occupiers. Being sold vacant possession. Explore the options of a new tenant or move in straight away.

For Sale $1,200,000 + GST (if any) View By appointment Web pb.co.nz/CBC96440

Alan Copeman M 021 874 222 Tony Wakelin M 021 569 299 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

E alan.copeman@pb.co.nz E tony.wakelin@pb.co.nz Proud to be here 17

Waikato Wharewaka 2 Johnbrook Crescent Tender Tender

Premier 1.1ha development site at Taupo Airport This would be the best development site currently available in Taupo in our view. Over 1.1ha's situated on all four corners of Johnbrook Crescent and Anzac Memorial Drive at Taupo Airport, across the road from Taupo's newest and largest Mobile Petrol station. This not only gives you a high traffic count, but eyeballs that CBD retailers could only dream about.

The opportunities are endless with a maximum height allowance of 10 Meters and a 95% site coverage, Showroom, Supermarket, Office or all of the above could be possible.

• Bare land, 11,635m² approx.

• Development ready • Easy access to ETA State highway 1 • 10m Height allowance • 95% Site coverage available.

This property is being sold by Tender closing Friday 19th of November at 4pm Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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Tender closes 4.00pm, Fri 26th Nov, 2021 (unless sold prior), Property Brokers Taupo, 81 Spa Road, 3330 View By appointment Web pb.co.nz/TPC99112

Ulf Führer M 022 0800 853 E ulf@pb.co.nz Proud to be here Proud to be here

Waikato Acacia Bay 2/876 Acacia Bay Road Business for Sale

Taupo outdoor business for sale After nearly 9 successful years in business, the current owner has decided to hang up the paddle and shelve the tramping boots.

Taupo Kayaking Adventures has been a vital bucket list destination for many a tourist to Taupo, with the operation offering unique personnel exploration of the Great Lake, it's a must do year-round, making it ideal for corporate team building or school trips.

The guides take tourists on an adventure, so they can discover Taupo's breath-taking scenery, waterfalls, geothermal activity, natural hot pools & massaging waterfalls, crystal clear water, active volcano. Even Maori Rock Carvings (Mine Bay) rich in cultural history which can only reach by water, or some of the best biking and walking trails in the country.

Where else can you ride next to a waterfall? Or walk the world-renowned trek Tongariro Alpine Crossing, with dramatic & awe-inspiring natural scenery.

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For Sale $385,000 + GST (if any) View By appointment Web pb.co.nz/TPC97336

Ulf Führer M 022 0800 853 E ulf@pb.co.nz Proud to be here 19

Waikato Taupo 12 Gascoigne Street Business for Sale

Wedding Dress business in Taupo for sale.

An exclusive opportunity exists to purchase the only Wedding Dress business both sales and hirage within a 80km radius of Taupo. The current owners originally established the business in a prime site in Taupo, with plenty of parking for customers as a part time operation. Then quickly realized they had started something bigger than they were going to be able to manage while working full time, so have decided to sell as a going concern Lock, Stock and Tiara. The share volume of gowns and accessories is hard to believe, with dresses from high end designers both here in NZ and Europe, this is a bargain for a lucky entrepreneur. The business is being sold as a going concern with an asking price of $195,000 + GST (including all stock and assets!!)

• No competition • Stock value exceeds purchase price • Prime location

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For Sale $195,000 + GST (if any) View By appointment Web pb.co.nz/TPC97345

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Hawke's Bay McHardy Lodge Deadline Sale

Own a unique piece of Napier history McHardy Lodge trades as an internationally recognised, luxury boutique accommodation business. For sale as FHGC, land buildings and business. It is positioned on a north facing Napier Hill location with spectacular views of the ranges & ocean.

Fully renovated to the highest standard, this elegant property delivers stunning rooms with high stud ornate original metal ceilings, rich wooden flooring & exquisite detailing throughout. Seven generous bedrooms all with luxury ensuites, a stunning chef designed kitchen & huge family room, and multiple rooms for relaxation including the library, media room & full sized billiard room. Relax on the wrap around decks overlooking the secluded swimming pool. McHardy Lodge has operated very successfully since 2008 and maintains strong relationships with agents internationally. For further information about the Lodge please view www.mchardylodge.com

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Deadline Sale closes Tuesday 14th December, 2021 at 12.00pm, (unless sold prior) View By appointment Web pb.co.nz/NC98568

Les Kennedy M 027 250 0227 E lesk@pb.co.nz Susan Davis M 027 472 2266 E susan@pb.co.nz Proud to be here 21

Hawke's Bay Taradale SaleSale For

Retirement Lifestyle Villages - FHGC Located in the sunny Hawkes Bay, two retirement villages are for sale: land, builidngs and business. Comprising collectively 70 one and two bedroom independent living units. All units have occupational rights agreements in place.

For Sale By Negotiation View By appointment Web pb.co.nz/NC98570

• Lovely grounds, carparking and recreational areas • Located in the Napier/Taradale areas • Large freehold land holdings This investment would suit existing operators looking to widen their ILU base or investors wanting to enter the retirement sector.

Signing of a confidentialty agreement will be required - Contact local agents today.

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Les Kennedy M 027 250 0227 E lesk@pb.co.nz Susan Davis M 027 472 2266 E susan@pb.co.nz Proud to be here Proud to be here

Hawke's Bay Napier South 137 Station Street SaleSale For

Prime Napier corner With a standout corner position in Napier, this property will give any business high profile.

• Freehold 304sqm (more or less) land area • 90msqm (more or less) office fitted out to a high standard • Six carparks onsite • Vacant possession • RV $500,000

Deadline Sale closes Thursday 16th December, 2021 at 12.00pm, (unless sold prior) View By appointment Web pb.co.nz/NC96894

This property will be perfect for an owner occupier wanting fantastic profile and with your own carparks. Located beside Countdown Supermarket, nearby Reading Cinema and The Station Bar & Restaurant with walking distance to CBD. Contact Sole Agent today

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Susan Davis M 027 472 2266 E susan@pb.co.nz Proud to be here 23

Hawke’s Bay Frimley 1/602 Omahu Road SaleSale For

Freehold going concern - Business land & buildings Land, buildings and successful business for sale.

This business has an outstanding reputation and is for sale after 13 good years of ownership as the owner wishes to pursue other interests and semi retire. Topaz Paints carries a large selection of Automotive & Industrial paints & refinish products from some the worlds leading brands. They also mix paint to formulas & can match colours with their spectrometer. This long-established (20 years in total) paint supplying business ticks all the boxes and it's priced to sell. An incoming owner can expect a solid handover to learn the ropes, professional systems and processes, and a proven track record.

• Consistent work provided by key clients • Low fixed overheads • Excellent EBPITD - Substantial client base • Preferred supplier to local firms • Professional systems - Monday to Friday business

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For Sale By Negotiation View By appointment Web pb.co.nz/NC98226

Paul Garland M 027 329 5777 E paulg@pb.co.nz Proud to be here Proud to be here

Hawke’s Bay Napier CBD 247 Emerson Street For Sale

Tenanted Investment - Priced to sell • 105m2 newly tenanted from August 2021 • Sunny Emerson Street location • 67% NBS • 6% Net return

For Sale $416,000 + GST (if any) View By appointment Web pb.co.nz/NC77279

There are very few freehold opportunities available in the Napier CBD. This property will appeal to both existing and first time investors.

Call sole agent for further information.

Les Kennedy M 027 250 0227 E lesk@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

Proud to be here 25

Hawke’s Bay Marewa 126 Kennedy Road SaleSale For

Heart of Marewa Situated right in the centre of the Marewa, Napier shopping centre, this property offers wide 7m frontage and car parking right outside, so it is easy for customers to call in.

• 220m² (more or less) retail area including offices at the back that have been converted to suit beauty therapy when it was a Pharmacy but could be used for wholesaling/dispatching/offices • Freehold section of 254m² (more or less) with parking/deliveries using the rear service lane • Inter-tenancy wall to be reinstated, and NBS will be over 67% once the wall installed • RV $740,000 • Vendor is highly motivated to sell this on This is a real opportunity to secure a high profile property with plenty of upsides for the purchaser. Contact the agent to view today Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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For Sale By Negotiation View By appointment Web pb.co.nz/NC80867

Susan Davis M 027 472 2266 E susan@pb.co.nz Proud to be here Proud to be here

Hawke’s Bay Longlands 70 Irongate Road SaleSale For

Last remaining industrial sections The new Irongate industrial subdivision is almost completely sold with just lots 2 (1ha) and 3 (1.157ha) remaining. Huge visibility for your business as these sections are fronting the expressway. Sites will be suitable for dry industrial operations. Easy truck access from expressway. Located nearby Rocket Apples, Sunfruit packhouse, AXIS engineering, HB Homes. Covenants apply.

For Sale By Negotiation View By appointment Web pb.co.nz/NC86907

Contact agent for further details.

Susan Davis M 027 472 2266 E susan@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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Hawke’s Bay Maraenui 6 Bledisloe Road SaleSale For

Development opportunity • For sale 138sqm freehold land with 100sqm building • Highly suitable for redevelopment into suburban shops or offices • Next to 4 Square and adjacent to laundromat, bakery (The Pie Man), and newly opened fish and chip shop • Great street frontage and highly visible to passing traffic • Vacant possession • The owner is realistic about pricing and will consider all reasonable offers • Current CV $300,000 (September 2020)

For Sale By Negotiation View By appointment Web pb.co.nz/NC91712

Contact sole agent Also available for lease: refer NC 97605

Les Kennedy M 027 250 0227 E lesk@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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Hawke's Bay Napier CBD . redefine Home Presentation and Cleaning Services Limited Business for Sale

Napier based cleaning business for sale redefine Home Presentation & Cleaning Services Limited t/a redefine Cleaning is a Napier based company, started by the present owner 25 years ago. Since those humble beginnings, redefine has developed into a reputable operation, working throughout Hawke's Bay including Taupo, Central Hawke's Bay and north to Tutira. The current services produce a steady income.

For Sale By Negotiation View By appointment Web pb.co.nz/NC88759

As a result of delivering a high quality service, the business has earned a good brand name and reputation, thus providing solid growth prospects for any new owner. There are 15 staff, eight permanent part-timers and seven casual on-call currently covering the 100 contract hours per week plus all casual work.

Les Kennedy M 027 250 0227 E lesk@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

Proud to be here 29

Hawke's Bay Marewa 118 Kennedy Road Business For Sale for Sale

Marewa Books Plus Cards & Gifts Huge selection of magazines, books, cards and gifts, with opportunity to extend the range.

The business has operated out of the existing location for over 45 years with the building having recently undergone a total rebuild to 100% of NBS.

For Sale $85,000 + GST (if any) View By appointment Web pb.co.nz/NC85162

9 year lease from March 2018 with rights of renewal. Take this golden opportunity to purchase a well established interesting business in this prime suburban shopping centre.

Price includes fixtures/chattels, stock and goodwill.

Les Kennedy M 027 250 0227 E lesk@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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Taranaki Waiwhakaiho 680 Devon Road Sale

Palmers New Plymouth & Cafe Botannix This retail garden centre with onsite cafe is now being offered for sale. With multiple revenue streams it has proven to be a strong performer with increasing growth. The extensive product range extends to giftware and allows for further additions based on your passions and ideas. Situated on the northern gateway to New Plymouth, it is sitting prime with the expansion growth of the city including a planned major retail complex. Palmers also services the entire Taranaki province. Skilled staff are on hand for the greenware, giftware, and of course the 'coffee fix' at Cafe Botannix which draws its own additional customer base.

For Sale $735,000 + GST View By appointment Web pb.co.nz/NPC99243

Genuinely for sale by vendors who have very much enjoyed their 10+ years of owning this very profitable and rewarding business.

Paul Northcott M 027 575 7202 E paul.northcott@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

Proud to be here 31

Manawatū Feilding 108 Manchester Street Business for Sale

Successful chainsaw and mower business This very profitable and long-established business offers an excellent opportunity for a mechanically minded person. This business specialises in the HUSQVARNA dealership plus selling and servicing all ride-on and domestic mowers, chainsaws, pumps, generators, domestic power equipment and hand-held maintenance products.

For Sale By Negotiation View By appointment Web pb.co.nz/FC98837

No previous experience required, only the desire to be the boss and control your own future in one of NZ's most vibrant rural towns.

Ian Steele M 027 441 1235 E ian@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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Manawatū Palmerston North 612-620 Tremaine Avenue Tender

Calling owner operators, investors & developers McMillan and Lockwood are relocating.

A rare and exciting opportunity to secure a prime landholding of 7,518m² (more or less) buildings optional. Located on one of Palmerston North's busiest main roads, Tremaine Avenue. This site offers fantastic profile with a huge frontage of 71m (more or less). Dual access via Tremaine Avenue and from North Street. Conveniently located close to SH3 which is one of the main arterial routes into and out of Palmerston North city.

• Sold with vacant possession • Prime for redevelopment • Buildings could be refurbished or demolished • Land size 7,518m² (more or less) • Heavy traffic flows

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

Tender closes 4.00pm, Thu 9th Dec, 2021, 240 Broadway Avenue Palmerston North (will not be sold prior) View By appointment Web pb.co.nz/BC86924

Dave Looney M 027 446 2889 E davel@pb.co.nz Kate Looney M 021 517 340 E katel@pb.co.nz Proud to be here 33

Manawatū Milson 200 John F Kennedy Drive SaleSale For

SOLD

Perfectly positioned industrial investment The 3111m² (more or less) freehold site is zoned Industrial (7A), located on the northern fringe of Palmerston North and is close to the main arterial routes. The building has 2030m2 (more or less) of floor area and each tenancy has high stud warehouse space, large roller doors, offices/showroom and there is great on-site carparking. Currently leased to Outback Traders and Innova Products, the property is an attractive commercial investment with a current rental of $181,276.56 + GST with a combination of net and gross leases. The current owners have kept the building well maintained and have recently rescrewed the roof, installed new parapet caps and new clearlite panels.

• 75% NBS • $181,276.56 + GST pa net rent • Multi tenanted • Established tenants

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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For Sale By Negotiation View By appointment Web pb.co.nz/BC99495

Kevin Carian M 027 430 4045 E kevin.carian@pb.co.nz Proud to be here Proud to be here

Manawatū City Shop 2, 60 Rangitikei Street SaleSale For

For sale opportunity in Rangitikei Street For Sale this 69m² approx. shop on busy Rangitikei Street, known as the Ace Discount store the vendor will either negotiate the business or sell with vacant possession.

Across the road from Rebel Sports and within walking distance of The Square this is a great location with shop frontage onto Rangitikei Street. Parking is available immediately outside the front door.

For Sale Buyers $229,000+ View By appointment Web pb.co.nz/BC82669

• 69m² approx.

• Self-Contained • Unit title

Lynette Love M 027 244 5806 E lynette@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

Proud to be here 35

Manawatū Kelvin Grove 90-106 Midhurst Street SaleSale For

Land for sale!

Within the city boundary we have a new industrial sub-division.

A variety of section sizes are available for sale ranging in size from 986m² up to 7,728m².

For Sale By Negotiation View By appointment Web pb.co.nz/BC100273

Titles are expected approximately by June 2022. However, expressions of interest and contracts are being accepted, so be quick.

Price on application.

Lynette Love M 027 244 5806 E lynette@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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Proud to be here Proud to be here

Manawatū Palmerston North Avenue Central 45 Broadway Sale Business for Sale

For Sale - retail in Broadway!

Situated next to the Regent Theatre and across from Downtown, this is a well positioned retail outlet. This section of Broadway is busy during the day and evening with a good mix of hospitality and retail as well as the nine cinemas and food court in the Downtown Centre.

For Sale By Negotiation View By appointment Web pb.co.nz/BC40680

45 Broadway offers a 147sqm shop which is currently tenanted with a two year lease with several rights of renewal.

• All offers considered • Land area 147sqm • Floor area 147sqm • RV $410,000 (as at 01 September 2018) • Land value $295,000 • Zoning commercial (8A)

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

Lynette Love M 027 244 5806 E lynette@pb.co.nz Proud to be here 37

Manawatū Central Palmerston North Business for Sale

Fitzherbert Regency Motor Lodge Property Brokers are pleased to bring to market an exciting business proposition, by way of the business lease for the "Fitzherbert Regency Motor Lodge".

This quality motor lodge is in a superb location in Palmerston Norths West End, only a short distance from 'Te Marae o Hine' - Palmerston North's iconic City Centre Square, numerous theatres, cinema complexes and a plethora of cafes, eateries and premium quality restaurants.

The city has seen substantial development over recent years and its regenerated CBD now consists of up market commercial businesses mixed with new local and national government offices and fantastic medical facilities in this modern bustling city. The Fitzherbert Regency Motor Lodge attracts clients from far and wide and being consistent with the motel industry in Palmerston North is not reliant to any great extent on tourism.

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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For Sale By Negotiation View By appointment Web pb.co.nz/BC99086

Bernard Linsley M 022 183 2469 E bernard.linsley@pb.co.nz Proud to be here Proud to be here

Manawatū Palmerston Terrace EndNorth Business for Sale

A gem of a business opportunity Property Brokers are pleased to bring to market an exciting and unique business, Blanchetts Furniture. This business is an absolute gem, a unique retailer/manufacturer with its numerous income streams including inhouse manufactured furniture, refurbishment services and interior design consultancy.

For Sale By Negotiation View By appointment Web pb.co.nz/BC98984

Blanchetts manufacture new traditional style soft furniture ranging from roll armchairs, deep buttoned 'Chesterfield' sofas and many styles in between. There is also a steady market for reupholstery and refurbishing, 'Lazy Boy' furniture repairs, curtain making, cushioning and adornments for the fast-expanding Manawatu housing market. Blanchetts customers include both retail and commercial clients far and wide.

The Business is located in a standout position on one of Palmerston North's busiest thoroughfares and consists of an expansive showroom with high visibility and plenty of offstreet parking and includes a factory-workshop and storage facility on site.

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

Bernard Linsley M 022 183 2469 E bernard.linsley@pb.co.nz Proud to be here 39

Manawatū Palmerston North 73 The Square Business for Sale

Robert Harris Cafe - Business for Sale Welcome to Palmerston North's most stylish cafe. Located on The Square and only 50 metres from The Plaza, the location couldn't get much better. Robert Harris has been successfully trading at 73 The Square since 2006. Over the last fifteen years the current owners have turned the business into something truly special, but are now ready for their next phase and are motivated to sell. This franchise business is open seven days a week and has a well proven and profitable track record. The superb fitout speaks volumes for the quality of the business that the current owners have developed. All systems, processes, equipment, and staff are already in place for the new owners. Full financial records and details available on request.

For Sale By Negotiation View By appointment Web pb.co.nz/BC96609

• Profitable and growing annually • Exceptional quality fitout • Established and operational, franchise training and support • Motivated vendors

Kevin Carian M 027 430 4045 E kevin.carian@pb.co.nz Chris Green M 027 463 9192 E chrisg@pb.co.nz

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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Manawatū Palmerston North Business for Sale

Business opportunity for sale After twenty-six years it's time to retire. Ali and Bronnie have successfully operated this popular Turkish cafe/restaurant as a takeaway/restaurant in Fitzherbert Avenue. Well -known for Alis kebabs this business opens at 11am for lunch and caters for dinner with an approximate closing time of 9.30pm.

For Sale By Negotiation View By appointment Web pb.co.nz/BC95340

The current premises has seating for fifty plus people as well as a separate takeaway area.

This area has a separate entrance from the footpath with seating for waiting customers.

However the areas are interconnected which makes it easy for staff to manage both areas.

Ali added a restaurant menu and a bring your own license. This business would suit a couple wanting to work together with the addition of part-time and some fulltime staff. While this business is showing a good profit margin, the vendors believe there is potential to expand and increase what is already a healthy turnover. Financial details and chattel list are available on request. The vendors will train new owners.

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

Lynette Love M 027 244 5806 E lynette@pb.co.nz Proud to be here 41

Manawatū Eketahuna 42 Main Street SaleSale For

Hotel Eketahuna - such a charming place An iconic inn located at the heart of Eketahuna on SH2 making it an easy port of call for locals, out of towners enjoying local attractions, as well as those who are just passing through. Hospitality at its best, the Eketahuna Inn offers great ambience, great service, great food and the great conviviality that we so love about our provincial pubs. The property has been well maintained and is well appointed. The main building comprises bar with adjoining games/function rooms, a large dining room with additional function room, well equipped kitchen and an accommodation wing. The dining room and largest of the games/function rooms open out to a private, sunny courtyard ideally suited to al fresco dining or to simply enjoying a relaxing wine or beer outdoors. A small standalone twobedroom flat gives scope to provide self-contained guest accommodation, but might also be used to accommodate staff, or separately rented.

For Sale By Negotiation View By appointment Web pb.co.nz/CC91339

Greg Ariell M 027 435 6327 E grega@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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Whanganui Whanganui Central 4 Campbell Street SaleSale For

A castle on a hill Situated unobtrusively on a key site, with some very significant buildings as close neighbours, this central fringe heritage building will be adored by many. A 570m² (more or less) partially steep contour section with a 280 m² (more or less) two storey brick 1910's construction main office building, plus two garages and a store room, adjacent. Great views overlooking Whanganui suburbs and the distant countryside with Mt Ruapehu as the highlight. Located opposite St Mary's Church, near to the District Council Library, the Alexander Heritage Library, Pukenamu Queens Park, the Sarjeant Gallery and two blocks from central Victoria Avenue. The building layout includes four main rooms plus service rooms, amenities, kitchenette and a vault on the ground floor. The top floor is accessed via a stairwell leading to the main open plan room with vaulted ceiling and inclusive of a kitchen plus a second smaller room and amenities.

Add gas heaters to both floors and the list is impressive.

For Sale From $530,000 + GST (if any) View By appointment Web pb.co.nz/WGC94886

Gil Button M 021 326 956 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

E gil.button@pb.co.nz Proud to be here 43

Whanganui Whanganui Central 55 Taupo Quay Deadline Sale

Amazing location Incredible, describes this particular location beside the Whanganui River, city centre Whanganui. Alongside the new Bridgewater Quay up-market apartment complex, the location shines as a prime investment option for an astute buyer.

Recently subdivided, the land area is 1,421m² (more or less) with an industrial shed of 800m² (more or less), which may provide substantial holding income. A prime development site within the Riverfront Zone, 55 Taupo Quay is a rare freehold title section suitable for development as either a central retail and professional services centre, hospitality and accommodation, apartments or simply a land banking option. Definitely a locality to be prized.

Sale by Deadline Private Treaty 4pm, Tuesday 30th November 2021 (will not be sold prior) at Property Brokers Ltd, 51 Taupo Quay, Whanganui.

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

44

Deadline Sale closes Tuesday 30th November, 2021 at 4.00pm, 51 Taupo Quay, Whanganui View By appointment Web pb.co.nz/WGC99524

Gil Button M 021 326 956 Jeff Sims M 027 441 4139 Jude Sims M 021 624 456 Proud to be here Proud to be here

Horowhenua Levin 290 Oxford Street SaleSale For

Commercial multi tenant investment 290 Oxford Street, Levin is a prime multi-tenanted investment property situated right in the heart of the Levin CBD. It has fantastic exposure to the state highway at the front, as well as convenient access and parking at the rear via a service lane. The two story building sits on an 809m² section and has been seismically strengthened with an earthquake rating of 70% NBS. The owners have kept the property well maintained, with new switchboards, wiring, gutters ,some double glazing, and new frontage just to name a few. There is ample parking at the rear, which also presents a further development opportunity. The building is fully occupied with four tenants leasing all of the 773m² (more or less) of floor area. The property has provided a consistent and reliable income stream to the current owners.

• Multi tenanted • $155,920.26 + GST net income • 70% NBS with dual access • Development opportunity Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

For Sale By Negotiation View By appointment Web pb.co.nz/BC98416

Kevin Carian M 027 430 4045 E kevin.carian@pb.co.nz Proud to be here 45

Horowhenua Shannon 72-74 Plimmer Terrace Sale Sale Deadline For

Here is an opportunity What we have here is an opportunity.

Build or display your products, you decide, the possibilities are endless.

1012sqm blank canvas in the heart of Shannon. It has the coffee cart as a tenant and is beside the busiest shop in town. There is a 36sqm storage shed/garage to the rear of the section. Don't hesitate and miss out.

Deadline Sale closes Thursday 16th December, 2021 at 2.00pm, (unless sold prior) View By appointment Web pb.co.nz/LC98510

Owen Kirk M 027 742 0225 E owen@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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Horowhenua Shannon 76 Plimmer Terrace Sale Sale Deadline For

Bank on a great property This obsolete BNZ bank in Shannon - an eye stopper for the vast amount of traffic flowing past it's doors every day. This unique building is around 100 years old and just waiting for you to put your touch to it. The beautiful native timber show cases this large two story building, with beautiful staircases to lead you to the upstairs areas. Two safes are a timely reminder of what this building once was. The spacious area downstairs is open for you to develop into a business to take advantage of the traffic that stops for the local coffee cart and the busy Four Square.

Deadline Sale closes Thursday 16th December, 2021 at 2.00pm, (unless sold prior) View By appointment Web pb.co.nz/LC98518

The opportunity to purchase the section next door also exists. Be prepared to be blown away with what this has to offer.

Owen Kirk M 027 742 0225 E owen@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

Proud to be here 47

Horowhenua Shannon 56-58 Plimmer Terrace SaleSale For

Set up one lease the other Set up shop in one and lease the other.

• Number 56 is 85sqm and ready for you to put your mark on it • Number 58 is 48sqm and has been nicely decorated and ready for you

For Sale Buyers $300,000+ View By appointment Web pb.co.nz/LC98522

Bring your business to Shannon and make it a destination, don't miss out on the Shannon migration, act quickly

Owen Kirk M 027 742 0225 E owen@pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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Wairarapa Masterton 119-121 Queen Street SaleSale For

Unique Investment Opportunity in Prime Location • Floor Area: 640m² more or less • Land Area: 324m² more or less • Income derived from both commercial and residential tenancies.

• Four flats on first floor - 2 x two-bedroom and 2 x one-bedroom. All flats recently fitted with new heatpumps; one flat has just been repainted and fitted with new extractor over stove, and re-tenanted.

• Established retail outlet on ground floor. Recently re-leased by new business owners.

• Prominent corner site on the main street of Masterton's CBD. • Convenience of bus stop alongside entrance to flats.

• Ground lease paid to Masterton Trust Lands Trust - set at 5% of rateable land value fixed every 7 years.

• Net income circa $60k+.

• Excellent opportunity to purchase a high yield investment property in the thriving Wairarapa.

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

For Sale By Negotiation View By appointment Web pb.co.nz/MC74029

Greg Ariell M 027 435 6327 E grega@pb.co.nz Proud to be here 49

Kāpiti Waikanae 12 Kapanui Road SaleSale For

Outstanding Waikanae Commercial Opportunity Rare vacant possession landholding in the tightly held industrial precinct.

• Invest, occupy or develop • Sizeable building with a versatile range of uses • 484m² warehouse/office/kitchen • Large yard area • 90 % NBS rating Zoned industrial/light manufacturing, the 1980's building comprises a bright spacious foyer, large open-plan area, separate office/ meeting room, kitchen and triple garaging with roller door access. Upstairs is more office/storage and a shower. Outside there is ample off street parking for a number of vehicles. This is a rare opportunity to purchase a substantial freehold investment in Waikanae's boutique industrial precinct.

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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For Sale By Negotiation View By appointment Web pb.co.nz/KPC93012

Mark Blood M 021 207 0607 E markb@pb.co.nz Proud to be here Proud to be here

Kāpiti Paraparaumu Beach Units 1and2 11-13 Hurley Road Tender

Sought after Industrial, Office space, Retail space Units 1 and 2, 11-13 Hurley Road, Paraparaumu, Kapiti Coast.

• 2 high quality industrial units that are internally connected • 75m² total floor area • Sought after trade and services location • Occupy or invest

Tender closes 1.00pm, Thu 25th Nov, 2021 (unless sold prior) View By appointment Web pb.co.nz/KPC87169

A simply outstanding opportunity to purchase these 2 adjacent industrial/storage units that are being sold with vacant possession to provide the option for purchasers to occupy or lease out to maximise returns. Units 1 and 2 are interconnected and have been extensively upgraded to provide quality work areas with laminated flooring, LED lighting and heating/air-conditioning. A kitchenette, separate shower and toilet completes the package.

These units are expected to be highly sought after and rarely come to market. Call now to view.

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

Mark Blood M 021 207 0607 E markb@pb.co.nz Proud to be here 51

Kāpiti Paraparaumu 44 Ihakara Street SaleSale For

44 Ihakara Street 44 Ihakara Street, Paraparaumu is currently split across four tenancies and has a total 1,126sqm (more or less) of mixed Office, receptions, boardrooms, kitchens and lunchrooms.

The site spans over 2,034sqm (more or less) of land and provides twenty off street car parks. The property consists of four separate tenancies and offers the flexibility to just be one if you choose. A fantastic opportunity for an owner occupier to take all or part of this modern 2012 built masterpiece.

For Sale By Negotiation View By appointment Web pb.co.nz/KPC79710

• 20 plus office spaces • 3 Boardrooms, 5 kitchens, 5 lunchrooms, plenty of toilet, shower, and utility spaces.

This stand out property already consists of one really strong tenant, and another three tenancies however the man tenant is flexible and will be open to signing a solid lease or vacating if this is what the new owner requires.

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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David Pollock M 027 450 1342 E david.pollock@pb.co.nz Christian Cullen M 021 808 503 E christian@pb.co.nz Proud to be here Proud to be here

30%

850+ staff

$2.2bn

Average market share

A True Team working for you across Property Brokers’ country

Total value of sales in 2020

265,389km2

2 winners

79

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 can’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

181-185 Keith Street Palmerston North

182-186 Ruahine Street Palmerston North

25-29 Mahinui Street Feilding

94 Oxford Street Levin

2400 Maungatautari Road Karapiro

90 Shakespeare Street Leamington

91 Victoria Street Cambridge

64 Seddon Street Waharoa

Property Brokers sells 36 Ratanui Street Feilding

12 East Street Feilding

96 Fergusson Street Feilding

74 Main Street Otaki

51D State Highway 1 Levin

201 Mako Mako Road Levin

5 Albert Street Masterton

Lighthouse Waipu Waipu

21 Commerce Street Frankton

37 Bright Street Gisborne

188 East Street Greytown

280 Peake Road Tamahere

55-57 Firth Street Matamata

219 Leith Place Tokoroa

142 Riverlea Road Hamilton

26 Stirling Street and 4 Ruakaka Ave Te Aroha

Property Brokers would like to take this opportunity to acknowledge all our vendors who entrusted us to market their commercial properties over the last 12 months.

Looking to buy, sell or lease your commercial property? Call the team that get results

0800 367 5263 428-432 Victoria Avenue Whanganui

Lot 1 181 Hanon Road Cambridge

5 Keith Camp Place Morrinsville

179-181 Queen Street Cambridge

Midhirst Tavern Midhurst

31 Waterford Road Katikati

39 Waikato Street Taupo

4 Hinau Street Whanganui

126-130 Guyton Street Whanganui

Commercial

For Lease

Waikato Waihi 68-72 Seddon Street Lease For Lease

Prime Waihi corner site for lease In the heart of Waihi on the corner of Seddon and Hazard Streets, this generous site offers over 540sqm (more or less) of office/retail space and ample carparking for tenant and staff.

The former premises of the BNZ, the site is ideally suited for retail premises and/or offices. There is plenty of scope for tenants to configure the space to suit the requirements of their businesses.

For Lease By Negotiation View By appointment Web pb.co.nz/HMC96453

Alan Copeman M 021 874 222 Tony Wakelin M 021 569 299

E alan.copeman@pb.co.nz E tony.wakelin@pb.co.nz

Katikati 25 Main Road Lease For Lease

High profile Katikati Main Road site Ideally located at the northern end of the busy Katikati CBD, the former site of the BNZ is ideally positioned to take advantage of the consistent pedestrian activity in the area and heavy traffic flows along SH2.

For Lease By Negotiation View By appointment Web pb.co.nz/HMC96985

Inside, the large open plan area would suit a wide range of retail businesses, or the space could also be easily reconfigured as offices - a real multi-purpose site in a high-profile position!

Alan Copeman M 021 874 222 Tony Wakelin M 021 569 299 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

E alan.copeman@pb.co.nz E tony.wakelin@pb.co.nz

Proud to be here 57

Waikato Cambridge 181 Hannon Road Lease For Lease

Secure the future for your business now With significant frontage on the Waikato Expressway at Cambridge, the Hannon Industrial Estate at Hautapu is set to become the premium hub for business in the heart of the Waikato. With easy access to the Expressway and developers keen to discuss design/build options for your business, get in touch today to explore the endless possibilities offered by this premium location. Design build options for lease on sites 2,000m2 land to 10,000m2 (more or less).

For Lease By Negotiation View By appointment Web pb.co.nz/HMC94836

Alan Copeman M 021 874 222

E alan.copeman@pb.co.nz

Cambridge 1902 Cambridge Road Lease For Lease

High profile new build offices • 200-225m² approx.

• Carparking on site • High profile location • Completion Q1 2022 Ideally situated on the fringe of town and on the main Cambridge-Hamilton road - ensuring a high profile for your business, this sleek and modern office building due for completion Q1 2022 is available to lease now. Lease terms are negotiable, and the developer is happy to work with tenants to complete fit-out to your requirements.

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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For Lease By Negotiation View By appointment Web pb.co.nz/HMC94245

Tony Wakelin M 021 569 299 Alan Copeman M 021 874 222

E tony.wakelin@pb.co.nz E alan.copeman@pb.co.nz

Proud to be here Proud to be here

Waikato Cambridge Lot 1, 280 Peake Road Lease For Lease

Hautapu - New Design/Build • 360m² of office space • 756m² warehouse (with option for an additional 360m2) • 1600m² sealed yard • Total area 2954m² • Fitout completed to tenant specifications.

Due to be completed Q1 2022, this new build industrial site minutes from Cambridge and the Waikato Expressway lends itself to a wide range of business opportunities. The property also has the potential to cater for more than one tenant, so enquire today, whatever your requirements may be. The developer is happy to arrange fitout to meet the needs and specifications of the buyer.

For Sale By Negotiation View By appointment Web pb.co.nz/HMC90927

Alan Copeman M 021 874 222 Tony Wakelin M 021 569 299

E alan.copeman@pb.co.nz E tony.wakelin@pb.co.nz

Cambridge Lot 6 280 Peake Road Lease

Hautapu - New Industrial Design/Build • 2 separate tenancies available • Tenancy 1 - 370m² warehouse & 73m² office • Tenancy 2 - 414m² warehouse and 72m² office • Total site area 2500m² • Fitout completed to tenant specifications.

Due to be completed Q2 2022, this new build industrial site in the Peake Road industrial development is minutes from Cambridge and adjacent to the Waikato Expressway. The site can be developed for either sole or separate tenants. The developer is happy to arrange fitout to meet tenant needs and specifications.

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

For Lease By Negotiation View By appointment Web pb.co.nz/CBC96662

Alan Copeman M 021 874 222 Tony Wakelin M 021 569 299

E alan.copeman@pb.co.nz E tony.wakelin@pb.co.nz

Proud to be here 59

Waikato Otorohanga 21 Maniapoto Street Lease For Lease

Prime Otorohanga corner site This premium location on State Highway 3 in the heart of Otorohanga, is now available for lease.

Road frontage on three sides provides maximum visibility to pedestrian and vehicle traffic alike.

Ideally suited to either retail premises or offices, the interior space could be easily configured to suit the requirements of a wide range of businesses.

For Lease By Negotiation View By appointment Web pb.co.nz/HMC96712

Alan Copeman M 021 874 222 Tony Wakelin M 021 569 299

E alan.copeman@pb.co.nz E tony.wakelin@pb.co.nz

For Lease

financial freedom Looking to turn your innovation and ambition into a successful career?

You're going to want to talk to us!

Scan me or visit pb.co.nz/think-differently

Property Brokers Ltd Licensed REAA 2008 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

60

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Hawke’s Bay Ahuriri Unit 205/1 Lever Street Lease

Quality corporate offices, Ahuriri • Brand new corporate offices; 5 suites available • Fitted out to a high finish, ready to move in right now!

• First floor with lift access • 29sqm - 39sqm office areas with shared reception You can lease one or all depending on your space requirements. Rental range $12,000 - $16,000 +GST +OPEX pa. Contact sole agents to view today. First in best dressed!

For Lease By Negotiation View By appointment Web pb.co.nz/NC73865

Susan Davis M 027 472 2266 Les Kennedy M 027 250 0227

E susan@pb.co.nz E lesk@pb.co.nz

Bluff Hill 1 Milton Road Lease

Milton House - office option close to CBD • Third floor offices for lease • 62.3sqm - 4 individual offices plus central meeting/office area • Shared facilities/meeting room • Very tidy well maintained airconditioned offices with views to Clive Square and Milton Road • Carparking on site may be available for larger unit • Very realistic leasing terms and conditions • Be quick to secure, contact sole agent for further details

For Lease By Negotiation View By appointment Web pb.co.nz/NC89377

Les Kennedy M 027 250 0227 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

E lesk@pb.co.nz

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Hawke’s Bay CBD 113 Emerson Street Lease

Upper Emerson CBD retail lease • Prime retail location; 150m2 - ex Jeans West • Adjacent to major national retailers - Barkers, Postie, Amazon & Cotton On • Leasing terms and conditions are by negotiation.

For Lease By Negotiation View By appointment Web pb.co.nz/NC68460

Contact agent for further information

Les Kennedy M 027 250 0227

E lesk@pb.co.nz

Napier CBD 180 Emerson Street Lease

Emerson Street 'Foodie' Site - For Lease Former licensed Italian Restaurant site - Trattoria alla Toscana.

Opportunities such as this do not become available often. Be part of the Napier foodie/retail scene.

• Approx. 115 m² ready for a new fit out • Approx. 30 m² kitchen • Approx. 85 m² restaurant and/or retail/office space • Adjacent to national and local retailers and cafes • Lease terms and conditions are negotiable

For Lease By Negotiation View By appointment Web pb.co.nz/NC63514

Les Kennedy M 027 250 0227 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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E lesk@pb.co.nz

Proud to be here Proud to be here

Hawke’s Bay CBD 4/68 Dalton Street Lease

Central CBD offices/professional rooms • For lease 45sqm in central CBD • First floor with very good access • Reception, two offices/kitchenette and toilet • Very suitable as office space or professional rooms/business - beauty therapy etc.

• Available 1 November 2021 • Lease terms and conditions are negotiable • Annual rental circ. $11,275 + GST • Viewing by appointment, contact sole agent

For Lease By Negotiation View By appointment Web pb.co.nz/NC97515

Les Kennedy M 027 250 0227

E lesk@pb.co.nz

Napier CBD 233A Emerson Street Lease

Offices and car parks for lease CBD • For lease - extremely tidy 130m² first floor offices • Prime Emerson Street location • Reception area • 4 Separate offices plus meeting room/office • Kitchen and toilet • Air conditioned throughout and fully alarmed • 2 on site car parks • Owners flexible on terms and conditions

For Lease By Negotiation View By appointment Web pb.co.nz/NC77264

Les Kennedy M 027 250 0227 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

E lesk@pb.co.nz

Proud to be here 63

Hawke’s Bay Napier South 251a Emerson Street Lease

Come and have a look • For lease in prime Napier Emerson Street location • 88.95m² retail, 10.2m² kitchen and disabled toilet plus 7.30m² fenced courtyard • EQ strengthening to 67% NBS • Sunny location and great shop frontage • These premises are ready for you to fit out and occupy • Take the initiative now and move

For Lease By Negotiation View By appointment Web pb.co.nz/NC81195

Les Kennedy M 027 250 0227

E lesk@pb.co.nz

Maraenui 12B Bledisloe Road Lease

Well located premises for lease • 44m² retail shop/office with modern fit out • Air conditioning, alarmed, security roller door • One of 5 newly established shops in busy Napier suburban shopping centre • Adjacent to fish and chip shop, bakery, laundromat, and Four Square • These premises are ideal for a retailer, service provider (eg: Barber) or offices • Rent $18,200pa +GST +OPEX (approx. $1000pa) • Available now, contact sole agent for further information

For Lease By Negotiation View By appointment Web pb.co.nz/NC90010

Les Kennedy M 027 250 0227 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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E lesk@pb.co.nz

Proud to be here Proud to be here

Hawke’s Bay Napier CBD 39 Station Street Lease

A must see location • For lease - this high profile Napier retail location • 115m² retail area plus 9m² common area • Excellent exposure on corner of Station Street and Civic Court Napier • Move quickly to secure, available immediately

For Lease By Negotiation View By appointment Web pb.co.nz/NC69015

This location will enhance your business profile with great street frontage and ample road side parking. The gross rental includes rates and insurance and other building costs.

Les Kennedy M 027 250 0227

E lesk@pb.co.nz

Napier South 43 Thackeray Street Lease

High quality retail or trade retail Located on Napier's busy Thackeray Street is approximately 557sqm retail floor area with 9 carparks. This building offers massive profile and signage with high levels of traffic on this arterial route. The landlord is motivated to get his building leased and rental is set at a highly affordable rental for the space available. This quality space will suit medium sized retail or trade retail.

• Retail showroom 476m², office/amenities 41m², mezzanine 40m² • 9 on site carparks, rear roller door access for stock delivery • 100% NBS • Zoned Fringe Commercial

For Lease By Negotiation View By appointment Web pb.co.nz/NC96327

Susan Davis M 027 472 2266 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

E susan@pb.co.nz

Proud to be here 65

Hawke’s Bay Onekawa 28A Edmundson Street Lease

Industrial new build in Onekawa • New build - available early 2022 • For lease 189sqm warehouse, width 8.6m; length 22m; height 4.8m • Roller door access from front • Toilet and kitchenette • Colour Steel cladding, walls and roofing - aluminum windows • Ideal for tradies/distribution agency looking for a modern building to lease in the Onekawa industrial area • Move now to secure these premises • Terms and conditions by negotiation

For Lease By Negotiation View By appointment Web pb.co.nz/NC97573

Les Kennedy M 027 250 0227

E lesk@pb.co.nz

Maraenui 6 Bledisloe Road Lease or Sale

Affordable suburban leasing • For lease 100sqm retail/offices • Next to 4 Square and adjacent to laundromat, bakery (The Pie Man), and newly opened fish and chip shop • Great street frontage and highly visible to passing traffic • The owner is realistic about pricing and will consider all reasonable leasing offers • Move quickly to secure • Contact sole agent N.B: This property is also for sale; see listing NC91712

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For Lease By Negotiation View By appointment Web pb.co.nz/NC97605

Les Kennedy M 027 250 0227

E lesk@pb.co.nz

Proud to be here Proud to be here

Hawke’s Bay Wairoa 198 Marine Parade Lease

Great corner location for lease A great corner site is now available for lease. 248sqm (more or less) of either retail/office space with onsite parking. Relocate your business to a modern well presented building.

• 248sqm (more or less) • 67%+ NBS rating • Available now

For Lease By Negotiation View By appointment Web pb.co.nz/NC97732

Call Property Brokers - Master Agent Wayne Dyer M 027 442 6886

E wayne.dyer@pb.co.nz

Taumarunui 101 Hakiaha Street Lease

High profile site now for lease This great 110sqm (more or less) site is now available for lease. The building has good road frontage and parking at the front, on the main street of Taumaranui. There is good lighting and air conditioning inside the building, along with tearoom and storage areas. A great bonus of this site is the additional parking at the rear of the building for staff.

For Lease By Negotiation View By appointment Web pb.co.nz/TUC97737

Katie Walker M 027 757 7477 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

E katiew@pb.co.nz

Proud to be here 67

Whanganui Stratford 269 Broadway Lease

Ex BNZ Stratford Profile and position, in the centre of Stratford's main street. This property is ideal for both offices or retail. Comprising 382sqm (more or less) and currently configured with 3 offices, 2 store rooms, a front waiting room and a large showroom/retail/display area with the centre partitioned in a 90 degree sawtooth pattern, there is plenty of flexibility here. A covered entrance way off the footpath through automatic sliding doors, provides a grand entrance • Utilities include seperate mens, womans and a disabled toilet • Large kitchen/staff room, staff parking at rear off a service lane • Rent subsidised with a BNZ ATM

For Lease By Negotiation View By appointment Web pb.co.nz/NPC96448

Paul Northcott M 027 575 7202

E paul.northcott@pb.co.nz

Taihape 102 Hautapu Street Lease

Premium corner location on SH1 Occupying a premium position on a corner site and in the heart of the retail part of town, this former home to the local BNZ branch is highly visible from the passing stream of traffic on SH1.

Part of the original retail area of the building has been sectioned off to provide a new lobby for the ATM, leaving approx. 160sqm (more or less) available for retail/office use. The building has benefited from extensive upgrading, which was acknowledged by a Code Compliance Certificate being issued in 2018 for seismic strengthening and a new, full access bathroom. The internal layout is open-plan, with zoned areas sectioned off using high-standing wall dividers. Other features include a smoko room and heat pumps.

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For Lease By Negotiation View By appointment Web pb.co.nz/TIC96269

Richard White M 027 442 6171

E richardw@pb.co.nz

Proud to be here Proud to be here

Whanganui Waverley Oturi Road Lease

Brilliant opportunity Formerly the home of Waverley Sawmill Limited, the site is now cleared of the processing equipment and is available for lease, the new owner looking to establish a multi-business, industrial hub, to service the South Taranaki region and beyond. Various sized sheds totalling 7,200 sq m, both medium and high stud, open sided and enclosed, some with office facilities. Ribboned with roading throughout, the 4.6 hectare site has extensive hardstand areas and there are various configurations available for development to the specific needs of tenants. It is anticipated that there may be one or more tenants leasing selected areas of the site as individual businesses. Your enquiry for any type of business opportunity is welcomed, utilising either the current configurations or your own.

For Lease By Negotiation View By appointment Web pb.co.nz/WGC83677

Gil Button M 021 326 956

E gil.button@pb.co.nz

College Estate 161-169 London Street Lease

Top class New building, three first floor offices, carpeted, double glazed, aircons, all the "tech specs", total 77.6 sqm (more or less) plus shared board room, amenities and storage area, all whisper quiet. Add on-site parking and a street-side coffee cart outside.

For Lease $26,000 pa Excl OPEX View By appointment Web pb.co.nz/WGC95612

Currently occupied, the tenant is moving and the Landlord will activate a new lease. For Lease $26,000 plus GST plus outgoings per year.

Gil Button M 021 326 956 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

E gil.button@pb.co.nz

Proud to be here 69

Whanganui Whanganui Central 321 Victoria Avenue Lease

Outstanding central location A new development in the upper Victoria Avenue, Whanganui business district, offering excellent exposure for office and hospitality opportunities. Nearby businesses include motels, commercial offices, national chain hospitality businesses, supermarkets, vehicle retailers, big box retail and manufacturing - an inclusive broad spectrum of industries and businesses attracting a wide range of professions. Whanganui Intermediate, Whanganui City College and Whanganui Collegiate Schools and a day care centre are within walking distance. The unique layout, with a total tenantable area of 386 sqm (more or less) has 8 designated car parks and a main route bus stop is located directly outside. The street-front location is 'sunny side' and visibility is excellent.

For Lease By Negotiation View By appointment Web pb.co.nz/WGC85576

Gil Button M 021 326 956

E gil.button@pb.co.nz

Castlecliff Lot 11 Mill Road Lease

Industrial warehouse An opportunity exists at Lot 11 to become part of the gradually expanding industrial hub at Mill Road, Castlecliff, Whanganui. The developer seeks expressions of interest for lease of a substantial industrial warehouse complex yet to be constructed, designed as 1056 sqm warehouse, 80 sqm office and 103 sqm canopy, with expected completion late 2022. The specific layout requirements of the tenant may be incorporated into the final design of the complex. Please contact Property Brokers if you have an interest in leasing a secure, high stud warehouse, with excellent amenities, surrounds and fit-out.

For Lease By Negotiation View By appointment Web pb.co.nz/WGC97244

Gil Button M 021 326 956 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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E gil.button@pb.co.nz

Proud to be here Proud to be here

Whanganui Whanganui Central 57 Ingestre Street Lease

Ingestre St opportunity Just off Victoria Avenue, Central Whanganui, this multi-purpose building comprises four front offices, disability facilities, 3 showers, 2 toilets, open plan area 90 sqm plus kitchen and including a removable room divider and cupboard. Disability facilities, alarm system, air conditioner, gas heater and Infinity water heater. The premise is well presented, landlord is willing to make appropriate changes, as required, for selected tenants. If you need a quiet, warm, predominantly open space street level lease premise for your business, this may well be the location for you. Please note this is not for residential occupancy. For lease $25,000 plus GST plus Opex per year. (Note: interior decorating in progress now).

For Lease $25,000 pa + GST + OPEX View By appointment Web pb.co.nz/WGC93095

Gil Button M 021 326 956

E gil.button@pb.co.nz

Whanganui Central 66 Guyton Street Lease

Arts area retail shop Just the ticket - centrally located in this special area of the city which has a variety of art and retail businesses, ranging from architecture to retail furniture and fit-out, live art studios, grocery, hairdresser, printing, offices and the iconic corner book shop, complete with it`s sidewalk piano. If your business needs that little something different in location, it will be worth exploring here. 174 sqm (more or less) shop with an assortment of fit-out, should you require it, plus kitchen and amenities. For lease, $22,000 plus GST plus outgoings per year.

For Lease $22,000 pa + GST + OPEX View By appointment Web pb.co.nz/WGC98380

Gil Button M 021 326 956 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

E gil.button@pb.co.nz

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Whanganui Whanganui Central 152 Victoria Avenue Lease

The tall building Looking for space on Victoria Avenue, Central Whanganui? Take a whole floor, there is a choice of three of 500 sqm (more or less) either open plan or divided into various configuration offices with amenities, stairs and lift and accessed from the marble lined foyer in Guyton Street.

For Lease By Negotiation View By appointment Web pb.co.nz/WGC69034

For lease by negotiation.

Gil Button M 021 326 956

E gil.button@pb.co.nz

Whanganui Central 107 Victoria Ave Lease

Central Whanganui, new layout Retail or office, this 175 sqm (more or less) 67% NBS, re-designed retail space is now available for lease.

Surrounded by national retail tenants, the layout lends itself to specialist retail business or office, 3 m stud, access to a storage area at the rear and shares amenities with the neighbouring 2degrees tenancy.

For Lease $45,000 View By appointment Web pb.co.nz/WGC82658

For lease $45,000 plus GST plus outgoings per year.

Gil Button M 021 326 956 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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E gil.button@pb.co.nz

Proud to be here Proud to be here

Manawatū Bunnythorpe 22 Campbell Road Lease

For lease - the choice is yours!

Once it was a cafe, now the choice is yours! Situated next to the dairy/takeaway there is heaps of off-road parking for the customers. Inside there is a ventilation hood, and benches/counters for retail. This is a stand-alone building with good window display opportunities as well as an existing roadside sign and veranda signs.

For Lease $15,000 pa Excl OPEX View By appointment Web pb.co.nz/BC97811

Asking rental $15,000 per year + outgoings.

Lynette Love M 027 244 5806

E lynette@pb.co.nz

Roslyn Manawatu Business Park Lease

Manawatu Business Park Location - 5 minutes from downtown Palmerston North with Auckland a one hour flight away and Wellington a two hour drive.

Transport - Adjacent to PN airport, and is strategically located with quick and easy access to all arterial links. Within a 3 hour drive of Hawkes Bay, New Plymouth, Taupo and Wellington.

Operation - The Business park is located in an industrial zone that allows 24/7 operations.

Approximately 42 hectares in total and located approximately five kilometers from the Palmerston North CBD. It is part of the North East industrial zone providing for large and small footprint industrial activities. Currently subdivided into approximately thirty five sites with all infrastructure in place, including roading and landscaping.

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

For Lease By Negotiation View By appointment Web pb.co.nz/BC98006

Lynette Love M 027 244 5806

E lynette@pb.co.nz

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Manawatū Cloverlea 37 Bennett Street Lease

A rare opportunity to lease on Bennett Street High Stud Warehouse available for lease • Area: 2,350m² (more or less) • Tenancy comprises warehouse, office and amenities.

• Close to State Highway 3 which is one of Palmerston North's main arterial routes.

Available mid to late January 2022

For Lease By Negotiation View By appointment Web pb.co.nz/ASC85775

Dave Looney M 027 446 2889 Kate Looney M 021 517 340

E davel@pb.co.nz E katel@pb.co.nz

723 MainChurch Street Street Palmerston North 333-341 Lease

King and Teppett on the Sunny and centralare office suitemove!

The goodonnews is they are remaining in thisbuilding, prime location by suite moving to the other side of the Located the second floor of The Grand this office is conveniently located and has Cooperage Cafe.over Which youThe thetenancy opportunity to position yourself this high profile tenancy. a great outlook Thegives Square. is a medium sized officein space of 77m² (more or This tenancy into the cafe, and provides a delivery door rear.storage This is aroom. very There secureis less).

There is opens a largeout reception/office room, two private offices andatathe handy premises with interior alarms and as anwell after-hours tenant card entry. exterior the building a shared kitchen and bathrooms, as a large conference roomThe that can beof booked for your provides great signage opportunity being clearly visible from Main St a very busy arterial route in use as required. and out of the city. The Cooperage has been strengthened to 80% of the New Building Code. Two off-road customer car-park areas on both sides of the space cafe. Tenancy one provides 862sqm of good • Medium size office of 77m² (more or less), versatile with options retail space, however owner will dividing this opportunity into smaller premises.

• Shared kitchen and the bathrooms andconsider access to conference room • 862sqm There are multiple tenancies available within this property - enquire now!

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By Negotiation For Lease $20,000 pa + GST View By appointment pb.co.nz/BC81105 Web pb.co.nz/BC95163

Kevin Carian M 027 430 4045 Lynette Love Chris Green 244 9192 5806 M 027 463

E kevin.carian@pb.co.nz lynette@pb.co.nz E chrisg@pb.co.nz

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Manawatū Palmerston North 121-124 The Square Lease

Give your business the profile it deserves • High profile on the corner of Broadway Avenue and The Square • Tenancy area • Ground floor 492m² (more or less) • Mezzanine 78m² (more or less) • Great street frontage with dual aspect Available now!

For Lease By Negotiation View By appointment Web pb.co.nz/BC91443

Dave Looney M 027 446 2889 Kate Looney M 021 517 340

E davel@pb.co.nz E katel@pb.co.nz

Palmerston North 420 Church Street Lease

Situated on a busy ring road High quality space on the corner of Church and Princess Streets • 453sqm (more or less) • High quality fit-out with plenty of natural light and great views • Top floor tenancy • Tenancy is made up of multiple offices, boardroom, staff amenities and kitchen area • Carparks available to lease • IEP rating 65% • Available now don't miss this fabulous opportunity!

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

For Lease By Negotiation View By appointment Web pb.co.nz/BC81147

Dave Looney M 027 446 2889 Kate Looney M 021 517 340

E davel@pb.co.nz E katel@pb.co.nz

Proud to be here 75

Manawatū Palmerston North 198 Cuba Street Lease

Quality office space for lease in Cuba Street • Located on the Corner of Cuba and Andrew Young Street • Good quality space available on the top floor • Tenancy floor area 380m² (more or less) • Mixture of open plan and individual office space • Heat pumps, air conditioning and central heating • Computer flooring for flexible layout • On-site secure car parking available • Office furniture (if required by negotiation) • Electronic card access

For Lease By Negotiation View By appointment Web pb.co.nz/BC70490

Dave Looney M 027 446 2889 Kate Looney M 021 517 340

E davel@pb.co.nz E katel@pb.co.nz

Palmerston North Cnr Dahlia and Princess Street Lease

Share part of this high profile property Located on the corner of Princess Street and Dahlia Street.

Available tenancy consists of: • 1st floor offices with staff room 235m² (more or less) • Warehouse 169m² (more or less) • Quality fit-out • Staff amenities • On site car parks

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For Lease By Negotiation View By appointment Web pb.co.nz/BC74831

Lynette Love M 027 244 5806 Kate Looney M 021 517 340 Dave Looney M 027 446 2889

Proud to be here Proud to be here

Manawatū Central 49-51 The Square Lease

Could this be your next move?

• 171sqm (more or less) ground floor • Retail/showroom/offices • One on-site carpark included • Staff amenities • Landlord has stripped out the old tenancy, relined walls, replaced toilets ready for new fit-out.

For Lease By Negotiation View By appointment Web pb.co.nz/BC70105

Dave Looney M 027 446 2889 Kate Looney M 021 517 340

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

E davel@pb.co.nz E katel@pb.co.nz

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

Commercial Property Management

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Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

Property Brokers Ltd Licensed REAA 2008

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Horowhenua/Kapiti Levin 241 Oxford Street Lease

Substantial prominent retail space These premises provide a great opportunity for a new business to capitalise and thrive in this sought after location. Single level, plus small office mezzanine, the 329m² floor space comprises a spacious front shop area, with rear storage and work area. There are two onsite carparks at the rear.

The site benefits from very good foot traffic as well as excellent customer parking in front of the premises. Whether you are looking to move your business to Levin or relocate to a superior location, this property is one to view.

For Lease By Negotiation View By appointment Web pb.co.nz/KPC93926

Mark Blood M 021 207 0607

E markb@pb.co.nz

Paraparaumu B/2 Presentation Way Lease

Brand new office/retail off Kapiti Road Centrally located in Paraparaumu - attractive, flexible floor plan 140m² (more or less). Close to the expressway interchange and located adjacent to the new St Josephs Skin Cancer Centre, this modern office/retail space offers an attractive open-plan work area, two offices and storage and has its own external access with auto-sliding doors.

For Lease By Negotiation View By appointment Web pb.co.nz/KPC95428

Well located in central Paraparaumu, 2 Presentation Way lies just off Kapiti Road, and benefits from ample parking for staff and customers. This is a great space for a modern office or retail business.

Mark Blood M 021 207 0607 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

78

E markb@pb.co.nz

Proud to be here Proud to be here

Horowhenua/Kapiti Masterton 6 Edwin Feist Place Lease

Superior Warehouse-Workshop Almost completed quality industrial build - clear span steel portal construction with (predominantly) concrete block and steel walls complemented by a smart office-reception wing clad in linear.

• Floor 678m² (more or less) • $90,000pa + GST • Floor area comprises 560m² warehouse-workshop, 118m² reception-offices-staff facilities and 40m² mezzanine •Located on high profile corner site within Masterton's premier industrial estate situated close to State Highway 2 and off the Masterton bypass •Three electrically operated (3.5, 3.7 and 4) x 4.5 metre high roller doors

For Lease $90,000 pa + GST View By appointment Web pb.co.nz/MC51338

Greg Ariell M 027 435 6327

E grega@pb.co.nz

Greytown 188* East Street Lease

Large lease opportunity in Greytown They say an apple a day keeps the doctor away. The medical centre has moved out, so now's your chance to move in! This fantastic 340m² building is ready and waiting for someone to come along and make it their own. With great features like high windows to collect the sun and 10 heat pumps, you certainly won't go cold! Some of the internal walls aren't weight bearing, so rearranging and reconfiguring the property to suit shouldn't be an issue. Treat this property as a blank canvas and start putting your touches on it today! You have ample off street parking for every man and his dog, so don't sit on your hands, give me a call today to check it out!

For Lease By Negotiation View By appointment Web pb.co.nz/GC98008

Liam Abbott M 027 534 0663 Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

E liam.abbott@pb.co.nz

Proud to be here 79

Wairarapa/Wellington Martinborough 39 Jellicoe Street Lease For Lease

The jewel on Jellicoe A stones throw from the square, this office space is not to be missed! 260m² of prime, well presented office space in the heart of Martinborough is up for lease, comprised of 6 offices, a large open plan area, bathrooms, shower, filing room, large kitchen, courtyard, storage cupboards and much more! This building is stunning, it features high ceilings, sky lights and gives off a very comfortable feeling when inside. This property would be ideal for a dental practice, solicitors or accountants office, or any other company seeking premium office space.

The vendor is happy to negotiate if this space is too big for the right tenant, they are not apposed to leasing half of the property under the right circumstances.

For Lease By Negotiation View By appointment Web pb.co.nz/GC86657

Liam Abbott M 027 534 0663

E liam.abbott@pb.co.nz

Te Aro 38-44 Courtenay Place Lease For Lease

Retail for lease in the heart of Courtenay Place Prime corner location which would suit a wide variety of potential uses. Currently a display suite which shows its potential. Full corner site on Courtenay Place/Allen Street. The site enjoys being on the main bus route and is visible to thousands of commuters daily. This property has a very good seismic rating and the floor to ceiling glass would lend itself to a high profile tenant.

• 324sqm (more or less) corner site currently being used as a display showroom • New lease available • Rent and long term negotiable or a shorter term available until 31/3/2023 • Great modern presentation and good earthquake rating for building

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For Lease By Negotiation View By appointment Web pb.co.nz/NC96827

Wayne Dyer M 027 442 6886

E wayne.dyer@pb.co.nz

Proud to be here Proud to be here

Canterbury/Otago Methven 91 Main Street Lease For Lease

Prominent corner site For lease $59,000 + GST + OPEX Available in the progressive and growing rural Methven township, a large retail/office space on a corner site with the added bonus of an ATM for extra foot traffic.

For Lease $59,000 pa + GST + OPEX View By appointment Web pb.co.nz/AC96683

400sqm (approx.) floor area with the majority of it open plan, allowing you to configure the space to your needs. This site has three offices, two strong rooms (formerly a bank premise) and a large staff room. Excellent sealed-off street parking for 14 vehicles.

Hamish Niles M 027 435 6265

E hamish@pb.co.nz

Mosgiel 132 Gordon Road Lease For Lease

High profile on Main Street A high-profile corner position on Mosgiels main street, this quality property is ready and waiting for a new tenant to move in.

• 464sqm (more or less) of flexible space • Great open plan main office area • Numerous private offices • A number of breakout spaces • Secure storage facilities • Staff room and facilities on first floor • Dedicated parking space at the rear of the building with access from the car park

Property Brokers Ltd Licensed REAA 2008 | pb.co.nz Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

For Lease By Negotiation View By appointment Web pb.co.nz/DNC97866

Russell Lundy M 027 438 8312

E russell.lundy@pb.co.nz

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Canterbury/Otago Balclutha 53 Clyde Street Lease

High profile corner position Situated on a high-profile corner position on Balcluthas bustling main street, this quality property is ready and waiting for a new tenant to move in.

• 430sqm (more or less) of flexible space • Great open plan main office area with numerous private offices • Great natural light • Secure storage facilities, staff room and facilities on 1st floor • Lock up garaging and dedicated parking space at the rear of the building with access from the car park

A commercial property’s “The appeal of a regional value with is tied the strength lifestyle no to commute time, was a no-brainer. of its lease.

This just happens The really have to regions be where wedoexcel. everything you need.”

For Lease By Negotiation View By appointment Web pb.co.nz/BAC96708

Russell Lundy M 027 438 8312

E russell.lundy@pb.co.nz

Escape the rat race and experience a great lifestyle in the provinces!

A career in Commercial Real Estate sales could be the perfect fit for you. Commercial real estate in the regions is enjoying all-time high returns and we need more people on board!

With over 80 branches in more than 80 locations from Whangarei to Bluff, you can choose where you’d like to move to. With Property Brokers you really can have it all• An unparalleled lifestyle • Unlimited earning potential • Flexibility to run your own business without overheads If you’ve got the motivation, we’ve got the culture, training and resources to make you succeed.

Paul Byrne Commercial Sales Consultant Former Auckland CEO, currently living the good life in Oamaru Property Brokers Ltd Licensed REAA 2008 | pb.co.nz

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Visit pb.co.nz/think-commercial or email recruitment@pb.co.nz

Commercial Real Estate Proud to be here Proud to be here

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