Secure Cash Flow Backed by Scale, Location, and Long‑Term Demand in World Class Whangamatā
An exceptional opportunity to acquire a substantial freehold landholding with multiple income streams in the highly sought-after coastal township of Whangamatā.
Occupying a prime gateway position at the entrance to the town’s business district, this well-established commercial property is home to six tenants, collectively generating an annual rental income of $276,586 + GST.
The property has been tightly held by the current owners for many years and benefits from an outstanding tenancy history, with virtually no vacancy recorded over the past decade - underscoring its location, functionality and ongoing tenant demand.
This is a rare and compelling opportunity for investors or developers seeking secure cash flow, proven tenant demand, strong underlying land value, and strategic positioning in one of New Zealand’s most popular coastal destinations.
For further information or to schedule a viewing contact exclusive marketing agents Alan Pracy or Justin Oliver.
Features:
- Premium income producing investment
- Annual rental $276,586 + gst
- Substantial landholding of 3,023 sqm (more or less)
- Ample onsite car parking for tenants and customers
- Multi tenanted property providing split risk income profile
- Current lease structures allow for accessible future development upside
- Approximate 84-metre road frontage, offering strong exposure and accessibility
More information: https://www.colliers.co.nz/p-NZL67039867
