Split-Risk Commercial Investment in Wellsford
142-146 Rodney Street, Wellsford is a split-risk commercial investment in the heart of a fast-growing township, currently returning $81,953.40 + GST per annum, with upside. Income is estimated due to tenancy changes due to confirm in August 2026. Well presented and positioned on Wellsford's main commercial strip, it offers wide street frontage, on-street customer parking at the front and all-day public parking at the rear.
Key features:
• Approx. $81,953.40 + GST net income p.a. (with upside)
• Multiple established tenants providing split-risk income
• Vacant office space ideal for an owner-occupier or value-add investor
• Wide main-road frontage and strong profile
• Low-maintenance building with flexible internal layout
The property benefits from a broad tenancy profile, spreading risk across complementary businesses, including:
Hairdresser
Beauty salon
Office users
Professional offices
Hospitality
Located between Warkworth and Mangawhai, Wellsford services a broad rural and town catchment and is growing as a key service hub, supported by new residential subdivisions and ongoing commercial development. This property suits investors seeking a stable, diversified income stream with growth potential, as well as owner-occupiers wanting to secure their own premises while offsetting costs with rental income.
Full property detail is available in the online dataroom at www.propertyfiles.co.nz/1271347
Key features:
• Approx. $81,953.40 + GST net income p.a. (with upside)
• Multiple established tenants providing split-risk income
• Vacant office space ideal for an owner-occupier or value-add investor
• Wide main-road frontage and strong profile
• Low-maintenance building with flexible internal layout
The property benefits from a broad tenancy profile, spreading risk across complementary businesses, including:
Hairdresser
Beauty salon
Office users
Professional offices
Hospitality
Located between Warkworth and Mangawhai, Wellsford services a broad rural and town catchment and is growing as a key service hub, supported by new residential subdivisions and ongoing commercial development. This property suits investors seeking a stable, diversified income stream with growth potential, as well as owner-occupiers wanting to secure their own premises while offsetting costs with rental income.
Full property detail is available in the online dataroom at www.propertyfiles.co.nz/1271347
Key features
Location
Main road position in the heart of Wellsford.
Multi-use
Varied tenancy schedule including office, hospitality and professional services.
Available
Some office space available for owner/occupier
Growth
Wellsford is a high growth area with residential expansion underway
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