Bayleys Commercial

15/09/2026

With the City Rail Link now in operation and the New Zealand International Convention Centre driving a full event schedule since opening in February 2026, commercial real estate in the Midtown precinct is drawing increased interest from investors and owner‑occupiers. A substantial commercial building at 124 Vincent Street on the southern fringe of Auckland’s CBD has come to the market with short‑term holding income in place, giving buyers a buffer while shaping a repositioning or redevelopment strategy in one of Auckland’s most connected and fast‑evolving precincts. Click below to read more.

Bayleys news & articles

14/09/2026

Three hotel transactions spanning Auckland, Marlborough and Gisborne are demonstrating how stronger trading fundamentals are broadening the investment case for New Zealand accommodation assets, Bayleys brokers say. Recent sales concluded by Bayleys’ Hotels, Tourism and Leisure team - Gisborne’s Emerald Hotel complex, Blenheim’s Riverside Hotel and Auckland’s Barclay Suites - reflect the diverse investment strategies attracting capital to the sector, from urban regeneration, long-dated income and established hotel operations. Keene says this breadth is an important feature of the current market. Click below to read more.

Bayleys news & articles

14/09/2026

Bringing greater energy to Takapuna

Last week, we welcomed our clients, property professionals and community members to celebrate the opening of Bayleys Corner - the new home of our Takapuna residential and commercial teams.

It was a fantastic evening bringing together the people helping shape one of Auckland's most vibrant coastal communities, with Hon. Simon Watts, Mayor Wayne Brown, John Bayley and David Bayley helping mark the occasion.

Thank you to everyone who made this possible, we look forward to continuing our support of the Takapuna community.

08/09/2026

A new high-spec industrial facility in one of South Auckland’s principal growth areas is being offered for sale, pairing a 12-year lease to a national manufacturer with contracted annual income growth, Bayleys brokers say. The offering comprises 5,699sqm of warehouse and office accommodation on a 1.74ha (more or less) freehold site, purpose-built for mattress manufacturer Slumberzone New Zealand, secured by a lease generating $1.38 million in net annual income commencing 1 February 2027. Click below to read more.

Bayleys news & articles

08/09/2026

An established industrial investment property in one of Auckland’s most strategically connected precincts is now on the market, giving investors access to a proven location defined by consistent demand, plus an asset with strong tenant commitment and reliable long-term returns. The property at 74–76 Leonard Road, Penrose is occupied by The Cosmetic Company NZ, a business that has operated in Auckland for more than 30 years utilising internationally recognised technologies. The business continues to invest heavily in its production, laboratory, and development infrastructure, building a strong reputation in research, formulation, and contract manufacturing for both domestic and international cosmetic and skincare brands. Click below to read more.

Bayleys news & articles

06/09/2026

The search is on for a top national or international operator to establish a flagship presence in a world-class Rotorua clinical wellness hub. The more than 3,200-square-metre city centre complex now for lease is one of New Zealand’s most distinctive purpose-built health campuses. It caters to soaring global wellness sector demand with an extensive combination of on-site clinical, rehabilitation and geothermal facilities rarely found in this country. The landmark Hinemaru Street complex has pride of place within Rotorua’s internationally recognised lakeside health and wellness precinct. Click below to read more.

Bayleys news & articles

06/09/2026

Three contiguous freehold properties in Morningside are on the market, giving investors, developers, and owner‑occupiers the option to secure all or part of a sizeable landholding with dual road frontages and strong future potential. The properties sit between New North Road and Western Springs Road, just metres from Morningside Train Station and within walking distance of Kingsland Village. Comprising 597 and 599 New North Road and 4 Western Springs Road, the three‑property portfolio spans 3,450sqm of freehold land, with each site having existing buildings, and offered either as standalone assets or as a scalable combined holding. Click below to read more.

Bayleys news & articles

05/09/2026

A multi-tenanted commercial property in central Riccarton has been placed on the market for sale, offering diversified income alongside near-term opportunities to reset rents and reposition space, Bayleys brokers say. The offering comprises an approximately 864sqm office building on a 1,349sqm (more or less) site, generating a net annual income of circa $123,133 plus GST. Donaldson says the property will appeal to investors seeking established cash flow without depending on the performance or lease decisions of a single occupier. Click below to read more.

Bayleys news & articles

05/09/2026

A modern, fully leased industrial asset in one of Christchurch’s most tightly held precincts is now for sale, giving motivated investors the chance to secure scale and long-term land value as the South Island continues to lead national market activity. Constructed in 2014–2015 to 100 percent NBS, the property at 46 and 46A Belfast Road sits within Belfast’s industrial corridor and combines a modern 1,540sqm facility with an additional 5,162sqm of leased yard, providing valuable operational space for its construction-related occupier. Click below to read more.

Bayleys news & articles

05/09/2026

A high-profile building that has housed one of New Zealand’s largest government agencies for 15 years is up for sale in Cambridge’s town centre. The single-storey office premises with main-street frontage on Duke Street are fully leased to the Ministry of Social Development (MSD), as one of 14 MSD service centres serving the Waikato region. The ministry occupies the Cambridge service centre on a recently renewed three-year lease, with rights of renewal extending to 2038. The Crown-backed gross lease generates a net rental of circa $57,691 plus GST per annum after operating expenses are paid. Click below to read more.

Bayleys news & articles