Colliers is pleased to present this substantial Central City Mixed Use (CCMU) property, now offered for genuine sale.
Positioned on versatile CCMU-zoned land, the site supports a wide range of permitted activities, providing flexibility for future development, occupation, or investment. Its strategic location places it within immediate proximity to the new Te Kaha Multi Use Arena currently under construction and scheduled to open in April 2026 ensuring strong long term demand and future growth potential.
The property comprises of two separate tenancies: one is leased and the other currently vacant (approximately 650 sqm). Both buildings offer generous clear span warehouse areas, office space, and practical amenity spaces. Enjoying a desirable north facing aspect, the buildings benefit from strong street appeal along Lichfield Street. The existing lease provides holding income for both owner occupiers and investors.
With its prime position inside the four avenues, northern orientation, flexible CCMU zoning, proximity to Te Kaha, and income stability through dual tenancies, this property presents an exceptional opportunity for a wide range of buyers.
Contact the sole agents for further information or to arrange an on-site inspection.
The property is offered for sale by Deadline Private Treaty, closing 4pm, Thursday 12 March 2026 (unless sold prior).
*Boundary lines indicative only.
Features:
- Freehold CCMU land parcel 1037 sq m
- 950 sq m building with two tenancies
- North facing
- Great proximity to the new stadium and CBD
- Holding income on one tenancy
- Owner occupiers or Investors take note
More information: https://www.colliers.co.nz/p-NZL67038215