Whangārei Central
Cnr Bank Street and Vine Street, Whangārei Central, Whangārei
+15
Asking $1.88M = 8.5% Return
A mixed-use, split-risk CBD investment on a high-profile corner site, offering a solid income return.
Key details
1.Split risk across six tenancies
2.Two commercial tenants (bank & bar/restaurant): $94,500 net p.a.
3.Four residential apartments: $85,280 gross p.a.
4.Total net rent: $159,564 p.a.
5.402sqm freehold CBD corner site
6.Approx. 820sqm building area
7.Seismic rating: 75% NBS
Asking Price: $1,880,000 + GST (if any)
Settlement: On or before 15 January 2026
Nigel Ingham 021 562 919 | nigel.ingham@bayleys.co.nz
Daniel Sloper 021 022 10339 | daniel.sloper@bayleys.co.nz
James Were 021 740 032 | james.were@bayleys.co.nz
Nigel Ingham
Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Daniel Sloper
Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
James Were
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Features
Lease
Approximately $159,564 p.a. total rent split across 2 commercial tenancies and 4 residential tenants
Exposure
Freehold site 402sqm in a high-profile location
Seismic (NBS rating)
75% NBS (Grade B) – providing peace of mind for both you, your bank and the tenants
Prime frontage
Perfectly positioned on the corner of Bank Street and Vine Street, ensuring maximum exposure
Have your questions answered
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Request more information
Contact us and have your questions answered.
Property files
Use the download button below to view all available documents for this property.