A change in circumstances. The vendor’s instructions are clear – sell before Christmas.
This is your chance to secure a prime, split-risk CBD investment at a sharp price.
Positioned on the high-profile corner of Bank and Vine Streets, this mixed-use building offers income diversification and strong fundamentals.
Key details
- Total net rent: Approximately $159,564 p.a.
- Split risk with six tenancies
- Two commercial tenants (bank and bar/restaurant)
- Four residential tenants (Healthy Homes compliant)
- Freehold 402sqm CBD corner site
- 75% NBS
- Proven split-risk income profile with both commercial and residential stability
A solid, income-producing investment that’s priced to sell.
For sale by Auction – 12pm, Tuesday 16 December 2025 (unless sold prior)
Bayleys in the North – Sole Agents
Nigel Ingham 021 562 919 | nigel.ingham@bayleys.co.nz
Daniel Sloper 021 022 10339 | daniel.sloper@bayleys.co.nz
James Were 021 740 032 | james.were@bayleys.co.nz