Rory O'Donnell

A rare opportunity to acquire an absolute prime commercial property in the heart of downtown Queenstown, fully leased to Australasian retail brand Platypus Shoes Limited.

Rees Street is a high foot traffic location, situated within the CBD "Golden Square", the prime retail precinct bound by Rees Street, Camp Street, Ballarat Street (The Mall) & Shotover Street. Rees Street showcases an excellent mix of international, national & local retail brands and provides one way vehicle traffic through to Queenstown Bay on the lakefront. Rees Street forms part of the Council's $55m project to enhance the streetscape of core pedestrian areas into more attractive, functional and user-friendly walkways through the CBD. This key downtown project commenced January 2021.

• Prime, high foot traffic CBD location close to Queenstown Bay lakefront
• Fully leased to Platypus Shoes Limited
• Corporate guarantee to Accent Group Limited (ASX Listed company)
• Annual rental growth of 3%
• Scarce property holding
• Freehold title

The property is offered For Sale by Negotiation.

For more information please call Rory O'Donnell or Mary-Jo Hudson.

The property comprises a regular shaped 2,897sqm freehold lot on Ballantyne Road, enjoying an absolute prime position within the surrounding commercial/industrial area. The property is within the Three Parks Business Zone and also adjoins the mixed-use zoned area of Three Parks.

Surrounding development comprises a range of light industrial uses with mainly showrooms fronting Ballantyne Road. With 45 metres of frontage to Ballantyne Road and depth of 65 metres, the land enables a range of development options including the ability to develop two separate buildings, both with frontage to Ballantyne Road. The existing building and fencing currently on the site is to be removed by the vendor prior to Settlement Date.

• High profile location within rapidly expanding commercial area
• 2,897sqm freehold site
• Three Parks business zone - enabling a range of light industrial and showroom uses
• Scarce property holding - limited vacant land available
• Wide frontage to Ballantyne Road of 45 metres

The property is offered For Sale by Auction. Revised date is Thursday, 16 September 2021 at 2pm, at Edgewater Hotel, 54 Sargood Drive, Wanaka. Numbers attending the Auction will be limited under Alert Level 2 rules. Mandatory pre-registration is required prior to the Auction for all attendees and phone bidders. Registration can be confirmed by contacting listed Agents.

For more information please call Rory O'Donnell or Mary-Jo Hudson.

Offers over $460,000 + GST (if any)

This is a great opportunity to purchase a fully leased commercial unit in the Gorge Road Retail Centre situated at 159 Gorge Road, Queenstown, just minutes from Queenstown's town centre.

The unit is currently leased to The Studio Physiotherapy who have recently signed a new 3 year lease with two more renewal options after successfully operating from this location for several years.

Returning $23,000 pa + outgoings and GST with fixed growth throughout the term of the lease.

This well presented unit has 110sqm of office/showroom space plus 2 dedicated car parks, with ample parking available throughout the complex. The Gorge Road Retail Centre contains a complimentary mix of retail and office tenants who benefit from the close proximity and easy access to the CBD.

For further information please call the sole agents now.

Luke Baird 021 175 1179

Rory O'Donnell 027 445 3982

** Currently Under Offer**

Offers over $940,000 + GST (if any)

This is an opportunity for an investor or owner operator to purchase an affordable, but versatile commercial unit in Queenstown's Shotover Ridge Business Park.

Located at the southern end of Glenda Drive, Shotover Ridge is a business hub comprising approximately 30 units occupied by a mixture of office, showroom and retail based uses. Glenda Drive is the main route through Frankton's growing light industrial area, just minutes away from Queenstown International Airport and newly established shopping centres.

With profile to Glenda Drive, the unit comprises two levels approximately 90sqm each. Separate access for each floor future proofs this unit, providing owners the ability to lease as either a single or two separate tenancies. Three carparks are included with this unit title, with additional common carparking available within the complex.

The ground floor consists of a well-appointed office/showroom plus a full bathroom incl shower.

The upstairs tenancy is designed as a modern three bedroom apartment or office space and includes kitchen and bathroom areas, with access to balcony areas providing great views of the surrounding alpine area.

Both levels are currently vacant, perfect for an owner occupier, or alternatively an investor wanting to lease one or both levels.

• Great profile to Glenda Drive
• Flexible tenancy configuration across 2 levels
• First floor residential or commercial tenancy options
• Three allocated carparks
• Good quality building in established area

For more information please contact Luke Baird or Rory O'Donnell

The rare opportunity to purchase sealed yard space in Frankton's industrial hub. A great opportunity for an owner occupier or investor to develop, or alternatively lease the yard space for holding income.

Sutherland Lane is a new industrial subdivision off Glenda Drive with good access and a complimentary mix of light industrial businesses.

The property has a total land area of 619sqm more or less (including right of way) plus shared loading and driveway. The site contains 528sqm of exclusive yard space with concrete seal, power, water and drainage. It also contains 2 portacoms with toilet and kitchenette facilities.

• Exclusive sealed yard space
• 2 x Portacoms
• Easy access just off Glenda Drive

Contact the sole agents Luke Baird or Rory O'Donnell for more information or to schedule a viewing.

Location indicative only.

49-51 Boundary Road comprises a fully leased industrial building located on a profile corner site with frontage to Boundary Road (the main road into the Alexandra Industrial area) and Maclean Road, with a total land area of 1,981 sqm. The Premises has a total gross floor area of 1,362 sqm with a flexible configuration predominantly comprising high stud warehouse/workshop space with a mix of office, amenity, mezzanine, storage and yard space. The property is currently leased to Eden Juice Limited under a new four year lease from 1 January 2020.

This is an outstanding opportunity to purchase a well located Alexandra commercial asset. Offers over $1,050,000 + GST (if any) are now being welcomed. Please contact Rory or Steve today.

Comprising an established bulk retail premise occupied by Central Otago Mitre 10, this high profile site with extensive frontage to Centennial Avenue - the main arterial route through Alexandra - is now offered for For Sale By Deadline Private Treaty closing Thursday 12 August 2021 (unless sold prior).

•Located approximately 300m from Alexandra Town Centre
•3022m2 (more or less) total combined site area over 3 titles
•1452m2 (more or less) lettable floor area
•Long term lease in place to established National branded tenant
•Zoned Business Resource Area

For further information including to arrange an inspection, contact Rory O'Donnell or Mark Simpson today.

Location and boundaries indicative only.