The front window of Off The Chain Cycles in Cumberland St, central Dunedin, had been smashed yesterday morning and a bicycle worth thousands of dollars was gone.
The Cannondale Topstone Carbon gravel bike that had been on display beside the window before the theft had a retail value of about $8300, shop owner Jeremy Forlong said.
Its disappearance and the broken window were "not ideal", he said amid a cleanup on the first day of 2025.
"They’ve hit it with a lot of force," Mr Forlong said.
Police said they had noticed the broken window early yesterday morning and inquiries were ongoing about the burglary.