57-59 Tarbert Street presents a well-positioned, fully leased commercial investment in the heart of Alexandra's established town centre. Set on 1,103m² (more or less) of freehold land, the property comprises 630m² of mixed-use lettable area across multiple tenancies, anchored by the long-standing Ministry of Social Development.
The asset delivers a total gross commercial income stream of $110,007 pa plus GST, in addition to a total gross residential income of $21,840 pa incl GST, supported by government, professional, retail, and residential tenancies. Both buildings feature durable, low-maintenance construction, with eight on-site carparks and strong profile to State Highway 85 enhancing long-term tenant appeal and occupancy stability.
Located within Alexandra's core commercial precinct, the property benefits from strong foot traffic, excellent accessibility, and the continued growth of the wider Central Otago region. This is a rare opportunity to secure a stable, multi-tenanted investment in a tightly held regional market.
Key Highlights:
- Secure, diversified income stream
- 1,103m² freehold landholding (more or less)
- 630m² total lettable area
- Government anchor tenant (MSD)
- Durable, low-maintenance construction
- Eight on-site carparks with SH85 exposure
- Prime Alexandra commercial location
The property is offered for sale by Deadline Private Treaty closing 4pm, Thursday 7 May 2026 (unless sold prior).
For further information or to arrange a viewing, please contact the exclusive agents Anna Rawling or James Valentine.
