Commercial
More from realestate.co.nz:
Agents News

A Cornerstone Investment in the Heart of Wānaka

59 Brownston Street, Wanaka

Retail Property
dollar

$6,900,000 Plus GST (if any)

Floor area
597m2
Land area
867m2
On this page:

Map

Property details

Listing # L40247767 | Listed on 25 June

Fully Leased Freehold | 867sqm (more or less) | $331,354 Net Income

Positioned prominently on the intersection of Helwick and Brownston Streets, this substantial freehold landholding sits at the centre of Wānaka's commercial precinct.

The property comprises an 867sqm; (more or less) net freehold site, underpinned by a fully leased retail complex returning $331,354 + GST and outgoings per annum from five established tenancies.

Investment highlights

  • Prime Helwick Street corner profile
  • Five diversified ground floor tenancies
  • Wanaka Town Centre zoning
  • Eight on-site car parks
  • 70-75% NBS seismic assessment

Wanaka has demonstrated sustained population growth and long-term property value appreciation, supported by constrained town centre land supply and strong underlying demand.

A strategic acquisition well suited to investors, seeking secure income and proven capital growth, with strong future redevelopment potential.

Call Geoff McElrea or Alastair Wood for an information pack.

$6,900,000 plus GST.

Your notes
Add notes for your personal reference. This can only be seen by you.
Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message

By continuing, you agree to our terms of use and privacy statement.