Phil Nevill

Colliers are excited to present to the market for sale 85 The Square in Palmerston North.

This is a modernised 3-level character building in the heart of Palmerston North city with the security of a premium tenancy mix and featuring a location that has the highest foot traffic count outside of the Kiwi Income Plaza.

Investment Highlights include:

• Fully tenanted commercial investment
• Net rental of $601,024.60 per annum
• Anchor tenants Forsyth Barr, Co-operative Bank, Public Trust and Paper Plus
• Prime location on the corner of The Square and Church Streets
• Opposite the Kiwi Income Plaza
• Seismically strengthened to 70% NBS
• A quality local and national tenancy mix

Call one of the Colliers team today for further information about this quality commercial investment opportunity.

If you act now we have an exceptional industrial development opportunity available.

With an asking price of $25m (plus GST) and possible funding of up to 66% secured on first mortgage provided at 5.95% per annum, this 49.6065 hectare parcel of industrial land represents long-term value. A subdivision plan has been drafted showing approximately 115 sites which is available to interested parties.  

The subject property is located on the corner of Tararua Road and Arapaepae South Road (State Highway 57) and is a short distance to State Highway 1. The site is opposite the location for the planned Taraika residential development. 

Other companies in the general area include OJI Fibre Solutions, Trayla Trailers, Higgins Contractors, VidaSpace, Levin Powdercoating, Sandblasting Services, Urban Group, Zippy Packaging, Freshpork NZ and Lattey Group Precast Concrete.

Levin is located approximately 90km from Wellington and 50km from Palmerston North.  

The Levin industrial market is in growth mode with Transmission Gully due for completion in 2021 and the road from Otaki to Levin back on track positioning Levin closer and closer to Wellington effectively making Levin more and more attractive as an industrial distribution hub.  

Having just sold a 4,000m² parcel of land @ $200 per square metre to an owner user, we are seeing increasing levels of enquiry and so subdivision land is at a premium.  

93-93A Tararua Road and 162-182 Arapaepae South Road in Levin is a 49.6065 hectare parcel of industrial land that represents a large land holding with huge growth potential. Located within Levin’s growth commercial and residential sectors with land becoming a scarce commodity, this opportunity has a variety of options and offers long-term value to any potential purchaser.  

Alternatively, as the site is in such a growth location with excellent facilities and transportation links, the vendor will consider building for major tenants.

Large inner city commercial complex (2,107m²) with secure car park available. Located on Main Street, one of the city's main arterial routes so enjoys good exposure to passing traffic. Building would suit a variety of uses including office or retail showroom (subject to PNCC approval). Other businesses in the area include ACC, Smiths City and Enable New Zealand. Call today to register your interest.

Large industrial land parcel located in the northern sector of the city on main industrial thoroughfare.

Whether you require retail or office space we have 300m² over two levels in a very central location on The Square where you could occupy either space and lease out the remainder to reap the rewards. Call today to discuss.

High profile industrial property to be redeveloped for a single tenant or smaller tenancies if required.

Colliers presents for sale 162 Broadway Avenue in Palmerston North, a fully tenanted and well located investment property.

With onsite car parking and rated at 60% NBS (by IEP), this property will make an excellent portfolio addition.

Investment opportunities with a quality tenancy mix seldom come to the Palmerston North market and with our owner keen to sell we advise you to call now to avoid missing out.

Call today for further information.

1.812 hectares industrial section for sale in Longburn.

From 50m² to 300m² office/retail development with ring road location just off the Rangitikei Street traffic lights close to big box retailers.

Brand new industrial facility to be built circa 2019/2020 with 1,250m² warehouse/office available. Secure this space today and design for your future. 

Colliers presents for lease this 2,350m² warehouse space located at 37 Bennett Street in Palmerston North.

The space comprises a high stud warehouse (2,025m²) and administration area (325m²).

Call today for a property viewing.

Colliers is pleased to present to the market a commercial opportunity suitable for owner users or someone looking for an add value project.  

Located within the city ring road, 55 Taonui Street in Palmerston North, offers a central location and easy access to main city arterials.  

This opportunity offers a versatile space where you can own and occupy and invest.  

If this project sounds like something that is of interest to you or your business, please call today.

Colliers presents for lease multiple first floor single offices on The Square in Palmerston North, right in the centre of town.

Building strengthened to 70% NBS.

Single offices from 10m² to 30m² (more or less).

Call today for a property viewing.

Colliers presents for lease this 492m² retail space on the corner of The Square and Broadway Avenue in Palmerston North.

Previously leased by the ANZ Bank, this space enjoys outstanding corner profile to The Square.

Space available from 16 October 2021.

Landlord will fitout space (subject to suitable tenant and lease terms).

Call today for a property viewing.

New to the market for the first time, Colliers present for sale by way of tender 1015 Tremaine Avenue, Palmerston North. 

Well situated on Tremaine Avenue the ex National Library building offers a number of opportunities for developers and owner occupiers alike.  

The property is sold with vacant possession and in an “as is” condition.

For more information please call the team at Colliers.

Colliers presents for lease this 1,755m² high stud industrial tenancy on Keith Street in Palmerston North.

The property has dual street entrances, security gates and fencing.

The tenancy is divided into two buildings with drive through access and multiple roller doors.

Space available 16 January 2022.

Call today for a property viewing.

Colliers presents for lease this 152m² eighth floor office space located at 66 The Square in Palmerston North.

Magnificent views over the city.

Central city location on the corner of Fitzherbert Avenue and The Square, a short walk to The Plaza.

Seismic status 67% NBS.

On-site car parking available.

Call today for a property viewing.

Up to 930m² available located next door to Stirling Sports, Brew Union and opposite Cotton On and the Downtown Mall. Broadway is revitalising so snap up this site quick.

8,647m² industrial section for sale in Longburn.

Colliers presents for lease 4 first floor single offices situated above Coombe Smith Chartered Accountants at 164 Broadway Avenue in Palmerston North.

Single offices from 11m² to 19m² (more or less).

Well located in the centre of Broadway Avenue.

Call today for a property viewing.

2.4029 hectares industrial section for sale in Longburn.

5.7258 hectares industrial section for sale in Longburn.

Well located first floor offices on the Palmerston North city ring road. Ample storage space. Call today to view.

1.4776 hectares industrial section for sale in Longburn.

• Office floor areas of 464m² (half floors 232m²)
• Ground floor retail/office also available
•Vero House is a prominent office tower on the fringe of Palmerston North's central business district with great corner profile to the city's main arterial.

Colliers presents for lease this high profile retail space located on The Square in Palmerston North.

This space has frontage to the cities main retail strip with the highest foot traffic count outside of The Plaza.

The layout is flexible with a tenancy area available from 220m² up to 600m².

Call today for a property viewing.

1.5927 hectares industrial section for sale in Longburn.

Colliers presents for lease this 500m² commercial space located at the Summerhill Shopping Centre at 190 Ruapehu Drive in Palmerston North.

Modern space that would suit a variety of uses.

Potential users retail, office or medical.

Call today for a property viewing.

Bulk retail development on Palmerston North's main city arterial opposite the Farmers Homestore, Repco and Manawatu Hunting & Fishing.

Total land area available of 1.39 hectares adjacent to the Manawatu Industrial Park and close to the Airport with good accessibility to state highways.

Colliers presents for lease this 325m² first floor office space located at 66 The Square in Palmerston North.

Central city location on the corner of Fitzherbert Avenue and The Square, a short walk to The Plaza.

Seismic status 67% NBS.

On-site car parking available.

Call today for a property viewing.

Colliers present to the market for sale 163 Broadway Avenue, Palmerston North, strategically located in the heart of Palmerston North city's central business district. 

With a land parcel of 591m² and a building area of 280m², this site would suit a developer with vision or owner user looking to set up their new centre of operations.

The floorplate comprises several useable offices or there is the potential to split the area into multiple tenancies.

The added bonus is the on-site car parking which is a rare commodity in the inner city. 

The property is for sale by Tender closing Friday, 7 May 2021 at 4pm (unless sold prior by private treaty).

Contact the Colliers Palmerston North team today.

22m² storage space on Tremaine Avenue. 

Asking rental $6,000 per annum plus GST and opex. 

Call today.

Colliers presents for lease this 165m² first floor office space located at 328 Church Street in Palmerston North.

Well located close to The Square.

Seismic status 70% NBS.

Three (3) car parks included.

Call today for a property viewing.

Colliers present for sale this large industrial holding on Railway Road in Palmerston North.

Previously Mainfreight's main Palmerston North depot, this site features two entrance ways allowing easy truck movements. Logistics operators will love this site with 1.6 hectares of largely sealed land and canopy.

Rail siding, office areas and other infrastructure are thought to be obsolete and will require upgrading but the basics are here and undisputed, this will be a great buy for someone wanting large hardstand and covered workspace. 

The property is for sale by Deadline Private Treaty closing Friday 25 September 2020 at 12noon.

Call today for further information or a property viewing.

Colliers presents for lease this 405sqm warehouse on Cuba Street in Palmerston North.

Our owner is keen to lease this space and will look at all reasonable offers.

This is a central city warehouse/showroom with corner profile to Cuba and Andrew Young Streets.

Call today for a property viewing.

Colliers Palmerston North is proud to present for the first time on the market this quality office investment for sale in Feilding.

Forest360 is one of New Zealand’s largest independent forest management companies and has been managing New Zealand forests for more than 30 years.

Two years ago Forest360 embarked on a search for a new head office however were unable to find a building that met their growing requirements. Instead, they completed a total redevelopment of 70 Aorangi Street and the result, as can be seen from the photos, is a magnificent building that aligns Forest360’s current office requirements with their vision for future business success.

For further information or access to the secure dataroom please contact one of our brokers today.

Fantastic owner operator opportunity.

Located close to the Princess and Ferguson Streets intersection this high-profile workshop/warehouse offers 440m² of excellent warehouse with front office and dual height roller door access.

A great opportunity to take advantage of this excellent location. 

With an NBS rating of 85% and good natural light don’t miss this opportunity to own this property centrally located on the city ring road with high passing traffic flows. 

Please contact the broker for access to the secure dataroom for this listing.

For Sale by Deadline Private Treaty closing Wednesday 4 March 2020 at 4pm (unless sold prior).

Colliers is pleased to present for sale this quality industrial investment located at 69 Malden Street in Palmerston North.

This substantial building is fully tenanted and for sale for the first time in many years. 

Industrial property is considered the star performer within the commercial property sector and this one will impress buyers wanting both quality and scale.

The owner will finance you into this property thereby increasing the already substantial returns even further.

Call now if you are looking for a quality investment.

Colliers presents for lease this 1,123m² retail showroom located at the intersection of Church and Princess Streets in Palmerston North.

This open plan showroom has a seismic status above 67% and is close to The Square and the city centre.

The landlord would refurbish this space for a suitable tenant and lease terms and would consider changing to an office tenancy.

Call today for a property viewing.

Colliers presents for lease this 1,469m² warehouse building located on Bennett Street in Palmerston North.

The building comprises a high stud clear span warehouse with canopy and yard area.

Call today for a property viewing.

Industrial warehouse/workshop with offices, amenities and mezzanine storage located just off Rangitikei Street (State Highway 3), the main arterial into and out of the city.

Rental $25,000 PA + GST + OPEX.

Call today.

Colliers International has been exclusively appointed to market 3-15 Donnington Street, Palmerston North.

There is a 12 year lease in place to Department of Corrections from August 2018 meaning 10 years term certain.

This is a great opportunity to acquire a quality property in the heart of the city.

Call now for further information.

The Colliers Palmerston North team.

Colliers presents for lease this 925m² commercial space located on Main Street.

This is a well located property on a main city arterial enjoying high traffic flows.

The area is comprised of warehouse (720m²), office/amenities (165m²), mezzanine (40m²).

Landlord will refurbish subject to suitable tenant and lease terms.

Call today for a property viewing.

The site is fairly regular in shape, located next to the intersection of Kaimanawa Street, Mihaere Drive and Makomako Road. The approximately 187m² of road frontage towards Makomako Road provides high visibility and exposure.

The site’s total area is 3.4686ha with a 13,603m² building, plenty of heavy-duty sealed car parking and yard area of approximately 5,454m² and a land bank of 1.4505ha.

In terms of contour, the site is essentially flat.

The overall land is held in two titles and currently zoned industrial under Palmerston North City Council.

The property is located some 3.5km east of the Palmerston North Business District within an established industrial location that has seen considerable new development over recent years. The area is home to many substantial industrial premises focusing upon either distribution, transportation or manufacturing usage.

In recent years, Palmerston North has experienced rapid growth in the industrial sector which resulted in a shortage of Industrial land, meaning higher values and firming yields.

The area has seen major expansion in the warehousing and distribution sector. Palmerston North is now well-established as the major distribution hub for the lower north island.