•Cinema, liquor and fitness tenants
•Diversified large format rental income
•$152,280.50 pa plus GST & outgoings
•Well maintained multi tenanted building
Located at 1a Lee Street, Whitianga, this multi tenanted commercial property is leased to a cinema operator, liquor retailer, and full service gym. The tenancy mix provides income from established operators servicing entertainment, lifestyle, and everyday consumer demand, creating balanced exposure across complementary uses.
The property returns $152,280.50 per annum + GST and outgoings, with income supported by large format tenancies rather than small specialty retail. Multiple occupiers reduce reliance on a single income stream and provide practical risk spread for investors focused on consistent cash flow.
The building has been well maintained and continues to meet tenant operational requirements, supporting ongoing occupation and minimising near term capital expenditure. Each tenancy benefits from destination driven patronage and repeat visitation, contributing to stable trading performance.
This asset will appeal to experienced commercial investors seeking straightforward ownership, established tenants, and dependable regional income without the management intensity of fragmented retail assets.