Land and buildings – multiple tenants – prime location
Property overview
An exceptional opportunity to secure a high-profile freehold commercial investment on Levin’s main arterial route, State Highway 1.
This well-established Caltex Service Station property at 309–311 Oxford Street offers the land and buildings for sale, with three tenancies providing diversified income and long-term potential.
Situated in a prime position with outstanding visibility and access, this property services both local and passing traffic and is surrounded by complementary commercial uses.
Key details:
- Address: 309–311 Oxford Street, Levin
- Land Area: 1,844m2 (more or less)
- Floor Area: 792 m2 (more or less)
- Tenancies: 3
- Net Rental: $122,000 per annum
- Rent Reviews: Not yet exercised (income growth potential)
- Ownership: Freehold land and buildings
Property features:
- Established Caltex Service Station site with excellent exposure and access
- Multiple tenants providing income diversity
- Modern double-skinned fibreglass fuel tanks (owned by the service station business)
- Petrol pumps also owned by the business (excluded from the sale)
- Well-maintained buildings with significant roof replacements:
• Main shop roof replaced 2015
• Workshop roof replaced 2018
• Rear building roof replaced 2002
- Commercial zoning allows for flexibility and long-term development potential
Summary
This is a rare opportunity to acquire a prominent, income-producing commercial property in the growing town of Levin. With its proven service station operation, established tenants, and potential for rental growth, 309–311 Oxford Street represents a strong investment in a strategic Lower North Island location.
To be sold by Tender, Thursday, 11 December 2025, 4pm at Property Brokers Limited, 1 Bristol Street, Levin.
