52 Port Road, Whangarei Freehold investment secured by Tristram Auto Group

Available PropertyFiles:

  • CT - 52 Port Road.pdf
  • Lease Agreement Port Road.pdf
  • Rent review March 2025 Tristram Northland.pdf
  • Tristram Northland Rent Review Port Road March 2026.pdf

Property Description


• High profile investment opportunity leased to Tristram European Northland returning $700,397 net p.a. (as at 8 March 2026)
• Favourable rent review provisions including fixed annual 2% increases and market on renewal
• Substantial underutilized fee simple landholding measuring 1.2ha (more or less) with only 22% site coverage
• Purpose-built car dealership facility with showroom and servicing workshop with Total Lettable Area of 2,763sqm (more or less) plus show-yard
• Underpinned by Commercial zoning and strategically located nearby large format retail providing long-term redevelopment potential


Introducing 52 Port Road, a rare investment opportunity tenanted by well established national car dealership Tristram European Northland, part of the Tristram Motor Group, now available for sale by Deadline Private Treaty (unless sold prior).

This freehold property is fully tenanted returning $700,397 net p.a. and underpinned by guaranteed annual rental growth of 2% with a six-year initial lease term.

Measuring 1.22ha (more or less) and comprising a purpose-built 2,763sqm car dealership facility which includes a dedicated showroom and adjoining servicing workshop.

The premises is future-proofed with 319 roof-attached solar panels subsidizing the tenant's electricity cost.

Positioned strategically with over 100m of frontage to Port Road, the primary area for Whangarei's large format retail and service businesses.

This is a rare opportunity to acquire a strategically located commercial asset with perennial rental growth and long-term development upside.

Contact the sole agents for further information.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.


Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
5. By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from anytime.

Contact Henry Napier

Queenstown and Southern NZ Realty Ltd

Licensed REAA 2008

+64 3 450 0200   +64 21 024 64785   henry.napier@bayleys.co.nz   All Listings

Henry Napier is an Associate Director at Bayleys Queenstown and Cromwell specialising in Commercial, Industrial and Development Land sales.

Since joining Bayleys in 2016, Henry has transacted over $100m worth of commercial, industrial, and development land assets throughout New Zealand.

He now specialises in investment and development land sales equipped with a deep knowledge of the intricacies of the Queenstown and wider Central Otago market.

This blend of experience and results has produced a notable track record of record prices and yields and a reputation for being able to conclude complex and challenging transactions.

Covering commercial, industrial, development land, master planned developments, sales & leasing. If you have property requirements in these categories, get in touch with Henry.