Income Assets

Commercial Property

Income-producing commercial assets.

About the sector

Why this matters for New Zealand investor residency.

New Zealand commercial property — industrial/logistics, office and retail — offers income-producing yields that have historically outrun residential, with prime yields around 5–7%. After the 2023–24 correction, transaction volumes rose ~50% year-on-year in H1 2025 as interest rates ease.

prime Auckland office yields (CBRE): ~6.5–7%
Auckland industrial vacancy (CBRE/JLL): ~1.6–2.2%
commercial sales over $5M in 2024: NZ$3.7B

Why invest

What makes this sector compelling.

Yield premium

Prime Auckland industrial trades ~5–6% and prime office ~6.5–7.0%, well above sub-4% residential gross yields (CBRE).

Industrial scarcity

Auckland industrial vacancy is just ~1.6–2.2% — among the lowest globally — with rent growth forecast at 3–4%/yr (CBRE).

Recovering market

Commercial/industrial sales above NZ$5M reached ~NZ$3.7B in 2024; H1 2025 was ~50% above the prior year.

International confidence

~18% of $5M+ deals in 2024 involved international buyers; APAC buying intentions are near a decade high (CBRE).

Inside the sector

A representative look at commercial property in NZ.

Opportunity types

What investors typically buy in this sector.

Industrial & logistics warehouses (distribution, cold-storage, last-mile)
Large-format retail (supermarkets, bulky-goods centres)
Prime CBD office (flight-to-quality assets)
Mixed-use commercial / retail developments
Commercial premises tied to an operating business you run

Open now

5 commercial property listings available.

All opportunities

For SaleGolden Visa

COMMERCIAL PROPERTY|HAMILTON, WAIKATO, NEW ZEALAND

HAMILTON MIXED-USE ASSET

Investment Opportunity — Commercial premises tied to an operating business you run

Investment Value:

$25,000,000NZD

₹124.5 CroreINR

Potential ROI:

8% - 13%

Hamilton Mixed-Use Asset is an established mixed-use commercial and retail building anchored by a national grocery tenant based in Hamilton, Waikato, New Zealand. Operating in the commercial property sector, the business is positioned to benefit from income-producing commercial assets alongside the structural demand drivers underpinning the wider industry. Suitable for active operators exploring the New Zealand Golden Visa pathway, subject to Immigration NZ assessment and independent professional advice.

Highlights

Yield premium
Industrial scarcity
Recovering market
Industrial & logistics warehouses (distribution, cold-stora…
Large-format retail (supermarkets, bulky-goods centres)

#Commercial#Income#NZ#GoldenVisa

Request Information View Opportunity

For SaleGolden Visa

COMMERCIAL PROPERTY|TAURANGA, BAY OF PLENTY, NEW ZEALAND

TAURANGA LOGISTICS CENTRE

Investment Opportunity — Mixed-use commercial / retail developments

Investment Value:

$17,000,000NZD

₹84.7 CroreINR

Potential ROI:

7% - 11%

Tauranga Logistics Centre is an established port-adjacent industrial asset with last-mile distribution tenant in place based in Tauranga, Bay of Plenty, New Zealand. Operating in the commercial property sector, the business is positioned to benefit from income-producing commercial assets alongside the structural demand drivers underpinning the wider industry. Suitable for active operators exploring the New Zealand Golden Visa pathway, subject to Immigration NZ assessment and independent professional advice.

Highlights

Yield premium
Industrial scarcity
Recovering market
Industrial & logistics warehouses (distribution, cold-stora…
Large-format retail (supermarkets, bulky-goods centres)

#Commercial#Income#NZ#GoldenVisa

Request Information View Opportunity

For SaleGolden Visa

COMMERCIAL PROPERTY|CHRISTCHURCH, CANTERBURY, NEW ZEALAND

CHRISTCHURCH INDUSTRIAL PARK

Investment Opportunity — Prime CBD office (flight-to-quality assets)

Investment Value:

$11,000,000NZD

₹54.8 CroreINR

Potential ROI:

7% - 13%

Christchurch Industrial Park is an established modern logistics warehouse and yard with national distributor on a long lease based in Christchurch, Canterbury, New Zealand. Operating in the commercial property sector, the business is positioned to benefit from income-producing commercial assets alongside the structural demand drivers underpinning the wider industry. Suitable for active operators exploring the New Zealand Golden Visa pathway, subject to Immigration NZ assessment and independent professional advice.

Highlights

Yield premium
Industrial scarcity
Recovering market
Industrial & logistics warehouses (distribution, cold-stora…
Large-format retail (supermarkets, bulky-goods centres)

#Commercial#Income#NZ#GoldenVisa

Request Information View Opportunity

For SaleGolden Visa

COMMERCIAL PROPERTY|WELLINGTON, WELLINGTON, NEW ZEALAND

WELLINGTON RETAIL STRIP

Investment Opportunity — Large-format retail (supermarkets, bulky-goods centres)

Investment Value:

$6,000,000NZD

₹29.9 CroreINR

Potential ROI:

6% - 11%

Wellington Retail Strip is an established high-street retail strip with diversified tenant mix and consistent occupancy based in Wellington, Wellington, New Zealand. Operating in the commercial property sector, the business is positioned to benefit from income-producing commercial assets alongside the structural demand drivers underpinning the wider industry. Suitable for active operators exploring the New Zealand Golden Visa pathway, subject to Immigration NZ assessment and independent professional advice.

Highlights

Yield premium
Industrial scarcity
Recovering market
Industrial & logistics warehouses (distribution, cold-stora…
Large-format retail (supermarkets, bulky-goods centres)

#Commercial#Income#NZ#GoldenVisa

Request Information View Opportunity

For SaleGolden Visa

Featured

COMMERCIAL PROPERTY|AUCKLAND CBD, AUCKLAND, NEW ZEALAND

AUCKLAND CBD OFFICE TOWER

Investment Opportunity — Industrial & logistics warehouses (distribution, cold-storage, last-mile)

Investment Value:

$2,000,000NZD

₹10 CroreINR

Potential ROI:

5% - 9%

Auckland CBD Office Tower is an established prime CBD office asset with blue-chip tenant covenants and long weighted average lease term based in Auckland CBD, Auckland, New Zealand. Operating in the commercial property sector, the business is positioned to benefit from income-producing commercial assets alongside the structural demand drivers underpinning the wider industry. Suitable for active operators exploring the New Zealand Golden Visa pathway, subject to Immigration NZ assessment and independent professional advice.

Highlights

Yield premium
Industrial scarcity
Recovering market
Industrial & logistics warehouses (distribution, cold-stora…
Large-format retail (supermarkets, bulky-goods centres)

#Commercial#Income#NZ#GoldenVisa

Request Information View Opportunity

Honest considerations

What to weigh before committing.

The investor pathway requires actively operating an established business — passive property alone doesn’t qualify, and a business’s real-estate value is excluded from the qualifying amount.
Quoted yields are prime/headline and vary by tenant, lease and location; verify independently and take specialist immigration-legal advice on structure.

Explore other sectors

Ten sectors. One investor residency pathway.

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Essential Assets

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Capital Growth

Development Projects

Next step

Ready to explore commercial property?

We’ll share the open listings, planned launches and matched off-market opportunities in this sector, plus the residency pathway tailored to your profile.

New Zealand · Golden Visa