Whangārei Central
9 Rathbone Street, Whangārei Central, Whangārei
+35
Bank-backed income with guaranteed growth
• Freehold 478sqm CBD site with 438sqm building (67% NBS)
• 6-year lease to Harvey Furnishings from Sept 2025
• Net income $121,419.48 pa + GST with 2.5% annual growth
• Nine-month bank guarantee in place
Positioned in the heart of Whangārei's CBD, 9 Rathbone Street presents a freehold investment in a proven retail precinct. The property occupies a high-exposure location between established national brands, benefiting from strong pedestrian flow and consistent retail demand.
The 438sqm single-level building sits on a 478sqm freehold site and has been strengthened to 67% NBS, providing confidence in the underlying asset. The new six-year lease to national retailer Harvey Furnishings, supported by fixed annual rental increases and a nine-month bank guarantee, delivers secure, predictable income from day one.
With long-term income, fixed growth and a premium CBD position, this is a hands-off investment suited to private investors seeking resilient regional exposure.
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
Features
Floor area details
438 sqm building on a 478sqm freehold site
Occupancy
6-year lease to national tenant Harvey Furnishings (from Sept 2025)
Growth
Fixed 2.5% annual rental increases
Opportunity
Hands-off, low-maintenance CBD investment
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.