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ACCESS CODE
INCORRECT
8-14 Richardson Street
2
2
200 sqm
200 sqm
Bronze
CURRENT STATUS
Key Targeting Details
Yield-Focused Investors Seeking CBD Cashflow This is a rare chance to secure a sizeable Whakatāne CBD holding with immediate income and genuine upside. With two established tenants already producing $61,260 + GST per annum, it offers a strong starting yield while keeping plenty of headroom for future growth.
Value-Add Investors Chasing Uplift Through Leasing With approximately 410sqm currently available, the pathway to materially increasing revenue is clear and achievable. The split of returning income plus vacant space makes this a classic “buy well, lease up, lift returns” commercial play in a tightly held town centre.
Owner-Occupiers Wanting a Flagship Corner Presence For businesses wanting profile, this high-exposure corner site delivers standout visibility and consistent foot traffic right in the heart of the CBD. The opportunity to occupy a substantial portion while retaining holding income from existing tenants creates a smart, flexible ownership model.
Portfolio Builders Wanting Split-Risk Security Multi-tenancy reduces reliance on a single income stream and gives investors a more resilient structure from day one. Add the ability to lease the remaining area, and you have a compelling platform to strengthen both income stability and long-term performance.
Hands-On Buyers Ready to Re-Tenant and Reposition If you enjoy actively improving assets, this building’s configuration sets you up to refresh, re-market, and attract additional occupiers at stronger rates. The dual access and central location make it a practical proposition for a wide range of potential tenants.
GUIDE ONLY - View Activation Report for More Details
RECTANGLE UNAVAILBLE
STORY UNAVAILBLE
SQUARE UNAVAILBLE
End Date
27/01
ACTIVE PLATFORMS:
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LICENSED UNDER THE REA ACT 2008
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LICENSED UNDER THE REA ACT 2008
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