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High performing 'freehold' asset

79 The Strand, Whakatane

Investment Opportunities
dollar

Negotiation

Floor area
2220m2
Land area
2687m2
Title type
Freehold
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Property details

Listing # 2575131 | Listed on 16 April

Occupying a prime intersection in the heart of Whakatane's CBD, this landmark freehold property offers a rare opportunity to acquire a large-scale, income-generating asset in a sought-after location. Positioned at the corners of The Strand, George Street and Canning Place, it enjoys exceptional visibility and accessibility, capturing consistent foot and vehicle traffic in the town's main commercial and hospitality hub.

Set on approximately 2,687sqm (more or less) of freehold land, the property features a substantial building of around 2,220sqm (more or less), designed to accommodate multiple tenancies that leverage the site's high-profile position. Its commanding corner presence, enhanced by triple street frontage, ensures excellent visibility from all directions.

Located along the vibrant, tree-lined Strand and surrounded by boutique retail, hospitality venues, and professional services, this property is widely recognised as a key destination within the CBD. Its striking Art Deco architecture adds to its identity as one of Whakatane's most iconic buildings.

The investment is bolstered by a strong mix of tenants, including well-established hospitality operators such as The Craic Irish Bar, Cobb & Co Restaurant & Bar, and the Whakatane Hotel. These long-standing tenants contribute to the property's solid performance and provide a diversified income stream, reinforcing its resilience.

Opportunities of this scale and prominence are rarely available. With its significant landholding, high-exposure location, and established income profile, this property represents a strategic investment with lasting appeal.

More than just a commercial asset, this is a cornerstone property in Whakatane's CBD, offering investors the chance to secure a landmark investment with enduring presence and long-term value.

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