Property Brokers Waikato/Bay of Plenty Commercial Property Guide September 2020

Property Guide Waikato/BOP Commercial

19A Kaniera Terrace, Cambridge Page 13 September 2020 Property Brokers Licensed REAA 2008

56 Huka Falls Road, Taupo Page 08

Contents 04 Businesses 06 For Sale 12 For Lease

Simon Short

Waikato/BOP Regional Manager

Marketplace defies pandemic!

2020 presented an opportunity for many to turn a new leaf and reset goals and ambitions - something many engage on every time we turn a new decade over. As the year commenced, things were seemingly lining up for many with prominence and promise, albeit by March we were thrown into disarray as Covid-19 took centre stage.

With the re-emergence of the pandemic three months after its unwelcome introduction, we find ourselves again at odds with something no one seems to know how to control. However, in what is presenting as a year of unknowns, and unprecedented economic challenges, the real estate market seems to continually defy the sentiment that the market place would also be negatively impacted, as we’ve seen in many other industries.

The growing shift in mentality for Kiwi’s considering a lifestyle outside of the main centres could be a contributing factor. Big city congestion, quality of life, opportunity and a focus on putting family first has resulted in many New Zealanders relocating to the provinces, to take up a more balanced approach to their life. The repatriation of ex-pat Kiwis returning from overseas as well has also aided the demand component of the real estate market.

As we close in on Spring, we at Property Brokers have experienced quite possibly the most active period of real estate listings and sales for nearly 30-plus years of trade.

Whether it’s a ‘sugar hit’ or something more long term, time will tell. However, what is known, and widely felt throughout the real estate market right now, is that demand is continuing to

outstretch supply in many sectors. And, as long as this simple aspect of the real estate market exists, it is hard to see a softening of activity.

The disclaimer to this will be job security long term, and, should unemployment increase across the country, the affordability of some sections of our market may well take a turn.

However, the market place, and level of confidence resonating out of the market right now, would suggest we are still very much in a ‘purple patch’ of sorts, long may it continue!

Simon Short Waikato/BOP Regional Manager

Businesses Waikato Kinloch 659A Whangamata Road

Booming new business for sale Kinloch landscaping, hire and firewood supplies •Vendor exiting the industry to peruse other things •Only 18 months old and showing healthy profits •Land, buildings and business for sale •Everything bright and new •2 ha of land with elevated building platform •Profit and loss extract and chattel list available

For Sale By Negotiation Web pb.co.nz/TPC69086

Greg Kellick M 027 619 3051 greg.kellick@pb.co.nz 4

4 Knox St, Hamilton

Businesses Waikato Motumaoho 7 Harbottle Road

Retiring vendors = Prime opportunity Morrinsville Custom Kills. Here is your chance to own this well-established business.

Conveniently located near Morrinsville by the main road to Hamilton, it is ready for a go-getting owner operator to take full advantage of the great foundation established by the current owners.

• Specialised premises in a good location • Comprehensive plant and machinery for easy operation • Consents in place (to 2040) • Good customer base, the potential for growth • 7.2 acres (more or less) • Three bedroom home

4 Knox St, Hamilton

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For Sale $940,000 + GST (if any) Web pb.co.nz/MOC02392

Charles Digby M 027 669 1511 P 07 889 7176 charlesd@pb.co.nz 5

For Sale Waikato Taupo Central 11/20 Totara Street

Three bed apartment and commercial unit This is an ideal investment or owner occupier opportunity. The property consists of ground floor office space/ workshop of approximately 88m2 with big windows, its own bathroom and kitchenette with separate access to the apartment. Upstairs offers a 100m2 modern three bedroom, two bathroom apartment with large balcony. Capitalized rental is $42,000 PA Plus GST + Opex, Total current RV is $555,000. Gross return of 7.6% based on RV. Live in the apartment and have the commercial unit pay your mortgage or vice versa, this is an excellent opportunity for all.

Tender closes Friday 2nd October, 2020 at 4.00pm, Property Brokers, 81 Spa Road, Taupo Web pb.co.nz/TPC77800

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

Tauhara 16 Manuka Street

Commercial with secondary income The 300m2 commercial unit is clear span with double-height ceilings and roller door, large office with its own washroom and mezzanine lunchroom. 12 carparks plus further yard space the building sits on over 1,000m2 offering you all the parking and storage you could need. Above the commercial unit sits what can only be described as a spacious, upmarket Manhattan Loft style apartment, run your business below while earning $26,000 PA off the residential tenancy above. Alternatively, buy as an investment and earn approximately $80,000 PA across both. The apartment is a 200m2 and is split across three floors. *measurements are approximate.

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For Sale By Negotiation Web pb.co.nz/TPC75529

Ulf FĂźhrer M 022 0800 853 ulf@pb.co.nz 4 Knox St, Hamilton

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

Commercial real estate is a vehicle for capital growth and strong yields - it’s the infrastructure that our entire economy is built on. It’s vitally important to understand the type of property you are purchasing, and how to make the most of it. Safeguard your investment with our Commercial Property Management division’s expertise and services.

Whether you own a small block of shops, an office building, warehouse or large shopping mall, we’ll manage every aspect of your commercial investment for you, so you can relax and enjoy the benefits.

• Rent and outgoings collection • Annual building budgets • Lease renewals and rent reviews

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

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

Commercial Property Management

For Sale Waikato Rangatira Park 56 Huka Falls Road

Huka Falls Sub-division Opportunity Property Brokers is proud to present this land development opportunity in one of Taupo's most prominent suburbs, with resource consent granted for a 25 section residential sub-division its ready to get under way now. Capitalise on Taupo's outstanding growth with opportunities for all in winter and summer and with major cities only a few hours away in every direction, buyers from Auckland and Wellington wanting to build here and live the kiwi dream are exceeding supply for this kind of stock. The property is situated in the heights of Rangatira Park, offering exceptional views from mount Tauhara to glimpses of the lake and mount Ruapehu.

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

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

Piopio 41-43 Moa Street

Piopio Main Street Commercial opportunity. Prominent brand and bike franchise. Net rental $25,000 plus GST. 6 year lease, from 1-4-2020 to 31-3-2026. Large multi design building, retail display, office, workshop. Large enclosed yard area. Work this yield out against bank interest rates. Rating valuation $290,000 1/9/2018.

Deadline Sale closes Thursday 24th September, 2020 at 4.00pm, (unless sold prior) Web pb.co.nz/TEC00012

Kevin Wrenn M 021 136 6843 kevinw@pb.co.nz 8

4 Knox St, Hamilton

For Sale Waikato Te Kuiti 38 Taupiri Street

If buildings could speak!

What an opportunity! Land area of 442 m2 and a total floor area of 394 m2. Approx 285 m2 on the first level, 86.9 m2 on the second level and 22.9 m2 of storage at the rear. The property is well located within Te Kuiti, with good frontage and street appeal and positioned near a corner. Enquire now to arrange a time to view.

For Sale By Negotiation Web pb.co.nz/TEC00010

Mary Tapu M 027 474 9869 mary.tapu@pb.co.nz

Tirau 31 Main Road

Prime Retail location Here's your opportunity to occupy what could be described as the best retail space available in Tirau. Expected to be ready for occupancy in February 2019, this 72 m2 (more or less) modern desirable retail space located in the centre of Tirau and is ideally situated for profile. It is set on a tidy property with off street staff parking at rear of shop. Inspection invited, I'm sure you'll be impressed. Lease $17,500 pa + GST + share of outgoings.

For Sale $17,500 pa + GST + OPEX Web pb.co.nz/MOC02708

Charles Digby M 027 669 1511 charlesd@pb.co.nz 4 Knox St, Hamilton

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For Sale Waikato Dinsdale 30 Tuhikaramea Road

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

Property includes: • Loading bay • Offices • Mezzanine floor • Outdoor area

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

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz

Frankton 21 Commerce Street

21 Commerce Street • 341m2 of building over two-levels, commercial office and storage.

• Mix of office, reception, meeting rooms, and mezzanine.

• Two roller door access points.

• Four on-site parking spaces.

With a variety of neighbours including ATL Balancing & Driveline, Jaycar, APPCO, Ming Detailing and Extreme automotive your business will fit in well amongst them all.

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

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz 4 Knox St, Hamilton

For Sale Waharoa Dunlop Road

This one's been overlooked If you are looking to relocate your business then look no further. Waharoa Park offers several sections sizes and with a central North Island location makes it worthwhile looking at. Waharoa Park is 45 minutes from Hamilton and Tauranga, two hours from Auckland. There are several great thriving businesses already established in the area O.C.D, O.S.P, Ice Pak, Fonterra, Kaimai Cheese. There are 12 level sections which all vary in size, between 3,219 sq m to 3.85ha giving room for large infrastructure. The area is currently zoned light industrial, storage manufacturing, Matamata Piako District Council are presently looking at changing the subdivision to full industrial.

For Sale By Negotiation Web pb.co.nz/MAC72746

Glen Murray M 027 488 6138 glenm@pb.co.nz Ian Morgan M 027 492 5878 ian.morgan@pb.co.nz

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

You’re going to want to attend our recruitment evening!

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

Property Brokers Ltd Licensed REAA 2008

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For Lease Waikato Whakatane 17 Commerce Street

17 Commerce Street Prime location on the main arterial route and within close proximity to the central retail area of Whakatane.

For Lease $15,000 pa + GST Excl OPEX Web pb.co.nz/WTC00003

This property currently has a lot of interest, make your mark today, call now to secure before its too late.

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz

Cambridge 2 Williamson Street

Prime Location • 400m2 • 500 metres to Cambridge town centre • Various space options available • On main arterial route • Ample off street parking

For Lease By Negotiation Web pb.co.nz/MOC02861

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz 12

4 Knox St, Hamilton

For Lease Waikato Cambridge 2 Williamson Street

Prime Location • 200m2 • 500 metres to Cambridge town centre • Various space options available • On main arterial route • Ample off street parking

For Lease By Negotiation Web pb.co.nz/MOC02862

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz

Cambridge 19A Kaniera Terrace

Looking for the perfect office location?

This stunning office space overlooks the wetlands at St Kilda with a cafe right next door. With its own private patio this 91m2 office space is open plan with shared toilet facilities. Four on-site carparks. This office will suit professionals, consultants, or even lends itself to exciting shared office space. Contact now for viewing. Alan Copeman 021 874 222

For Lease $27,000 pa + GST Web pb.co.nz/MOC02726

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz 4 Knox St, Hamilton

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For Lease Waikato Matamata Unit C, 3 Kea Street

Industrial unit Industrial Unit 231m2 High stud warehousing of 170m2 and office 61m2.

Gantry, roller door, and PA door access. Internal stairwell to offices upstairs (via conference room) plus a stairwell for private access allowing conference room use.

Two car parks.

For Lease $15,664 pa + GST + OPEX Web pb.co.nz/MOC02818

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz

Matamata Unit A and B, 3 Kea Street

Industrial unit 331m2 Industrial unit with a combined area of 331m2.

High stud warehousing, gantry, roller doors, and pa door access. Office of 61m2.

Separate meeting/conference rooms and open plan office space. Facilities on-site.

Very tidy space with two carparks.

For Lease $36,274 pa + GST + OPEX Web pb.co.nz/MOC02817

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz 14

4 Knox St, Hamilton

For Lease Waikato Matamata Unit B, 3 Kea Street

Industrial unit 161sqm 161sqm floor area of warehouse with its own toilet and washroom. This is a general warehousing without an office. High stud, roller door, and PA door access, workbench.

Two car parks.

For Lease By Negotiation Web pb.co.nz/MOC02816

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz

Matamata Unit A, 3 Kea Street

Industrial unit Industrial Unit 231m2 High stud warehousing of 170m2 and office 61m2.

Gantry, roller door, and PA door access. Internal stairwell to offices upstairs (via conference room) plus a stairwell for private access allowing conference room use.

Two car parks.

For Lease By Negotiation Web pb.co.nz/MOC02815

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz 4 Knox St, Hamilton

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For Lease Waikato Dinsdale 30 Tuhikaramea Road

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

Property includes: • Loading bay • Offices • Mezzanine floor • Outdoor area

For Lease By Negotiation Web pb.co.nz/MOC02751

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz

Frankton C2/103 Greenwood Street

Top location on Greenwood • Attractive 300sqm open plan office/showroom space over two levels • Plenty of on site parking, both shared and dedicated • Located on State Highway 1 (Hamilton's Western bypass) with excellent access to arterial routes,over 28,000 vehicle movements daily • Set in a desirable location amongst major brands such as KFC, McDonald's, Burger King, Wendy's, Subway to name a few. • Highly desirable profile location on one of Hamilton's busiest streets, with over 28,000 vehicle movements daily. The tenancy is in a prime position on State Highway 1 / Greenwood Street, with access to 2 arterial routes into Hamilton's CBD. 16

For Lease $39,000 pa + GST + OPEX Web pb.co.nz/MOC02725

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz 4 Knox St, Hamilton

The Industrial market is the shining light post Covid-19 Across the Waikato/Bay of Plenty, the best performing market has been industrial.

This is a result of strong construction growth across the residential, commercial and industrial sectors, alongside historically low vacancy rates.

We are seeing strong migration to these areas due to the improved roading, and a drive to become key distribution hubs, both in Hamilton and Tauranga with new inland port infrastructures. The lack of industrial sites in many parts of our region sees an improved yield return in this sector, many around the 5% range.

The retail sector has been hit hard as a result of Covid-19. However, in many of our smaller towns across the region, there is very low vacancy, the two main centres, Hamilton and Tauranga, have been impacted the

most, and our hope is that over time this will recover.

The office sector has seen strong demand over recent times as companies have downsized their operations, and looked at ways to change working environments post Covid-19. There continues to be new office buildings planned in both Hamilton and Tauranga, with many redevelopments planned or underway.

With interest rates at record lows, many investors have looked to invest in strong tenant profile buildings. Long term,

these investors will benefit from strong returns, along with the possibility of future capital gains. The next twelve months will see an increase of investors into our commercial market, which will continue to hold values and returns for the astute investor.

Alan Copeman

Waikato/Bay of Plenty Commercial Manager

For Lease Waikato Frankton 21 Commerce Street

21 Commerce Street • 341m2 of building over two-levels, commercial office and storage.

• Mix of office, reception, meeting rooms, and mezzanine.

• Two roller door access points.

• Four on-site parking spaces.

With a variety of neighbours including ATL Balancing & Driveline, Jaycar, APPCO, Ming Detailing and Extreme automotive your business will fit in well amongst them all.

For Lease By Negotiation Web pb.co.nz/MOC02805

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz

Frankton Cnr Norton and Seddon Road

High profile showroom/office space • Prime location in the heart of Hamilton, on high-profile roundabout • 445sqm (more or less) • City fringe, Frankton location • On-site car parking • Easy access to main arterial routes Located on the corner of the Norton Road roundabout, with over 20,000 cars passing daily, this property provides a massive opportunity for your brand to be noticed.

• Call today for a viewing 18

For Lease By Negotiation Web pb.co.nz/MOC02750

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz 4 Knox St, Hamilton

For Lease Waikato Frankton 98 Colombo Street

Warehouse/workshop for lease • Well priced warehouse/workshop in Frankton.

• Ground floor including offices 350m2 approx.

• Mezzanine lunchroom and airconditioned office 40m2.

• Easy access to SH1 and city centre.

• Vendor motivated to lease.

For Lease $25,000 pa + GST + OPEX Web pb.co.nz/MOC02819

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz

Hamilton East 505 Grey Street

Prime location in Hamilton East This two-storey building is located on Bridge and Grey St north-west corner.

• High profile location with over 30,000 vehicles a day driving by • This building has been refurbished and has 100% earthquake NBS rating • New ducted airconditioning and upgraded lighting • Set up as a call centre with fibre and data cabling • Ground Office 278m2 • 1st Floor Office 290m2 First Floor • 12 carparks on site To view this property today, call now 4 Knox St, Hamilton

For Lease By Negotiation Web pb.co.nz/MOC02729

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz 19

For Lease Waikato Burbush Lot 12, 77 Tasman Road

Brent Grey Lane Design/Build A great opportunity to capture a site in a new subdivision in the North of Hamilton.

• Design-build to suit • Corner site offering dual frontage. • Land size 1828m2 • Close proximity to the council's upcoming transport hub, the Base, Z energy, 4 Guys Autobarn and numerous other top dealerships. • This location offers a superb range of opportunities and a broad scope of industry. • The owner is willing to lease as a metalled yard with security fencing in the short term. • Vendor/Lessor will tailor to suit. • Great access to road and expressway.

For Lease By Negotiation Web pb.co.nz/MOC02814

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz

Morrinsville 33 Studholme Street

Attention seeking businesses take note Move to this 85m2 (approx) office building and get noticed, this high-profile location is accessed off Allen Street and has room for parking. There is a good mix of versatile spaces, and abundant storage space. Recently purchased, the new owner intends to give the property a refresh - the opportunity exists now to have the building configured to your requirements.

For Lease By Negotiation Web pb.co.nz/MOC02680

Charles Digby M 027 669 1511 charlesd@pb.co.nz 20

4 Knox St, Hamilton

For Lease Waikato Frankton 120 Norton Road

Centrally located ground floor office space • 90m2 office space • Shared amenities • On site parking • Gross lease • Close to all motorway access, north or south.

For Lease $20,000 pa + GST Incl OPEX Web pb.co.nz/MOC02738

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz

Frankton 120 Norton Road

Centrally located 1st floor office space • 130m2 office space • Shared Amenities • On-site parking • Gross lease • Close to all motorway access, north or south.

• Call to view today

For Lease $20,000 pa + GST Incl OPEX Web pb.co.nz/MOC02743

Alan Copeman M 021 874 222 alan.copeman@pb.co.nz 4 Knox St, Hamilton

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Property Brokers Licensed REAA 2008

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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.

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