An exciting opportunity to secure prime real estate across two freehold titles is on offer here. Steeped in history and positioned in one of Hawke’s Bay’s most coveted lifestyle locations, this exceptional dual lot property presents a rare opportunity to secure the Warren Smith & Co Limited building, originally the Speight’s Bottling Plant and Bond Store - now reimagined as a versatile home and income or future redevelopment prospect within the Local Centre Zone. Two titles are offered together, each delivering unique functionality and scope.
1 Waghorne Street comprises a generous 140 sq m (more or less) warehouse/New York styled apartment, bathed in natural light, complete with a kitchen, bathroom, laundry, and loading bay parking. Previously tenanted for commercial use, this adaptable space offers exciting potential. Retain as a work base or explore developing further into a striking industrial style apartment.
3 Barry Street, currently 340 sq m (more or less) of floor area is accessed through a small courtyard and opens into a dramatic open-plan living area with a high pitched ceiling and skylights. This impressive space incorporates the kitchen and lounge which is light and airy and a fabulous place to entertain. Containing a freestanding wood burner and heap pump, your comfort is assured all year around. A bedroom on this level is serviced by a bathroom, with a separate WC and laundry. This main level also hosts the primary bedroom with a luxurious en-suite, complemented by an additional mezzanine floor offering flexible use and a walk-in wardrobe.
Upstairs, one bedroom and second living area or office provides access to a rooftop deck capturing sea views, great sun, and unforgettable sunsets. This elevated retreat is a standout feature, perfect for entertaining or unwinding above the village.
Adjacent to the front of the apartment, another entrance door accesses a well appointed office with a lunchroom and bathroom which includes a shower, plus ample off street parking for multiple vehicles. A large barn door marks the entry to the residential component.
Set within one of Napier’s most coveted coastal neighbourhoods, these properties sit within the Local Centre Zone offering both residential and commercial use. Perhaps your vision is redevelopment, adaptive reuse, or a long term holding in an area where sizeable sites are virtually non existent. A landmark building, a premium location, and a wealth of potential, this is a rare chance to secure a piece of Ahuriri’s history and shape its next chapter. Both lots will be sold as one package.
The position is exceptional. With Ahuriri Village, the inner harbour, waterfront pathways, Napier Port, the Airport and key transport links all close by, the location delivers outstanding convenience and enduring appeal for residential, commercial and lifestyle demand. Flat contours and multiple street frontages further support development potential, while the current buildings allow for staged enhancement or income generating strategies.
For developers, owner occupiers, land bankers and high net worth purchasers, opportunities of this calibre seldom arise. This is a genuine offering in one of Napier’s most tightly held seaside suburbs. Contact Nicky today for more information or to arrange your private viewing.
DEADLINE SALE: Closes 2:00 p.m. Thursday 16 April 2026 (unless sold prior)
