Aerial · LINZ aerial
Lots
Title boundary · 66,608 m² · LINZ
UnclaimedCommercial

5 Gap Road East, Winton

Southland District

Negotiation

  • 6.65 ha
  • Land

Prime 6.65ha industrial development opportunity

•6.6482ha (more or less) of industrial -zoned land •High-profile position with extensive main highway frontage entrance off SH6 •Excellent exposure and accessibility •Established commercial and industrial development nearby •Significant scope for development, subdivision, or owner-occupation •Strategically positioned to service Central and wider Southland

Opportunities of this scale and profile are rarely available in Winton.

Comprising approximately 6.65 hectares of industrial-zoned land, 5 Gap Road offers substantial scope for developers, investors and businesses looking to establish or expand their presence in Southland.

Positioned prominently on the main highway, the property enjoys excellent visibility and accessibility. It is located within an established commercial and industrial area, reinforcing its potential as a strategic development or operational base.

The opportunity is supported by the strength of the wider Southland economy. The latest Stats NZ regional figures show that Southland recorded a 9.8% increase in nominal regional GDP in the year ended March 2025 - the strongest increase of any New Zealand region. Southland also recorded the country's highest nominal regional GDP per capita, at $95,061.

Winton sits at the heart of this productive region and is a natural service, trade, and distribution point, with convenient connections south to Invercargill, throughout Northern Southland, and north towards Queenstown and Central Otago.

The scale of the property provides flexibility for a wide range of potential uses. Develop the site as a whole, establish a substantial owner-occupier operation, land-bank for the future, or investigate subdivision into smaller industrial sites.

For developers, 5 Gap Road represents a rare opportunity to secure a sizeable industrial landholding in a strategic Southland location and shape its development to meet future commercial and industrial demand.

Expressions of interest are invited from developers, investors and owner-occupiers. Genuine enquiries are welcomed.

Rent estimate · 22 Oct 2026
$970 – $1,280/week
Most likely about $1,115 a week · Little evidence: a rough guide
Estimated rental yield
2.4%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $1,115 × 52 weeks = $57,980, against the council valuation of $2,390,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.

How we worked this out
EvidencePoints toCounted
From its value what rentals in the area typically yield$1,114100%

We read this property as a house. Rentals advertised nearby count most when they are close, recent and alike; the more of them there are, the less the area’s bond figures count. Bond figures are rents agreed in new tenancies, from Tenancy Services, placed within the area by how this property’s council valuation compares with similar homes there.

These are computer-generated guides only, not a rental appraisal.

My notes
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What it costs to live here

Home expense estimates

—a month, all in

Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.

Investor insights

5 Gap Road East as a rental

Rent estimate$1,115/wk$970–$1,280 · Little evidence
Gross yield2.4%$57,980 a year on $2.39m
Net yield2.0%After $10,258 of costs
Cash flow−$1,013/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $1,115
Property manager
Rent, 52 weeks$57,980
Empty between tenants 2 weeks
Property management 9.2% incl. GST
Maintenance 5% of rent
Council rates this year
Landlord insurance the building
Net income before interest$47,722
Interest $1,673,000 at 6.00%, interest only−$100,380
Cash flow before tax−$52,658
Cash flow a week−$1,013
Gross / net yield on the price2.4% / 2.0%
Return on equity cash flow on the deposit, before tax−7.3%
Loses money above this interest rate, before tax2.85%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 2.85%. That is -7.3% a year on a $717k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Land area6.65 ha
  • Property categoryIVP
  • Zoning (valuer’s record)7A
  • CouncilSouthland District
  • Valuation #29660-24010
  • Valuation date1 Jul 2024

From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.

Title and land

Order a title record
  • Title number543349
  • Title typeFreehold
  • Legal descriptionLot 14-17, 21-23 Deposited Plan 1554 and Part Lot 18-20, 24 Deposited Plan 1554
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.

Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

Unclaimed
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What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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Zoning and hazards

What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.

Zoning (rating roll)7A

Reading the council's maps…

What could you build here?

See how big a house this section takes at one, two and three storeys, inside the zone’s yards and height rules. Then ask builders to price the shape you pick.

About Winton

Southland District
1,781
Properties on the rating roll
1 Jul 2024
Last council revaluation

Counts describe the records we hold for this territorial authority, not a market forecast. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.

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