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Unique Waterfront Investment - Catalina Bay

1-3 Boundary Road, Hobsonville

Retail Property
dollar

Deadline Sale

Floor area
6445m2
Land area
9383m2
On this page:

Map

Property details

Listing # 67035527 | Listed on 1 August

Colliers is proud to present Catalina Bay, one of Auckland’s most prestigious mixed-use waterfront assets, available for purchase via Expressions of Interest closing 4pm, Thursday 4 September 2025 (unless sold prior).

Located in the heart of Hobsonville Point, Catalina Bay has been carefully redeveloped over the past decade into a vibrant, high-performing precinct. This landmark destination is celebrated for its dynamic mix of hospitality, retail, office, and community spaces, drawing strong patronage from both locals and visitors.

The property generates a substantial and diversified annual income of approximately $2,799,659 p.a., underpinned by a quality tenant mix including Little Creatures (Lion New Zealand), Siamese Doll, Fabric Café, and the ever-popular Farmers Market. The waterfront setting, complemented by live music, artisan vendors, and community events, creates a unique and energetic atmosphere.

Catalina Bay also features premium office accommodation leased to Kāinga Ora (Government), along with a thriving co-working hub within the iconic Sunderland Hangar — a heritage aircraft hangar repurposed into a distinctive mixed-use centrepiece.

Comprising five freehold land parcels under a single Record of Title, the property occupies approximately 9,383 sqm. Excellent transport connectivity is provided via an on-site ferry terminal and bus stop, offering direct access to Auckland’s CBD.

There is also significant add-value opportunities at the property that would allow the new owner to unlock its full potential over time.
 

This is a rare opportunity to secure a proven, high-performing waterfront asset with strong income growth, an exceptional tenant mix, and long-term development potential.


Features:

  • Secure Rental Growth – All major leases include fixed, stepped, or a combination of rental growth mechanisms, typically between 2–3% annually
  • Ample Supporting Car Parking – Nearby parking facilities on Launch Road and adjacent council land at Bomb Point Road enhance accessibility for visitors and tenants
  • Established Destination Precinct – Anchored by popular tenancies such as Little Creatures and the Catalina Bay weekend Farmers Market, the location has evolved into a sought-after destination
  • Zoning – Business Mixed Use Zone
  • Seismic Rating – 100% NBS – in accordance with Structural Design dated 7 March 2019
  • 100% Freehold Interest


More information: https://www.colliers.co.nz/p-NZL67035527

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