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Galatea

4317 Galatea Road, Galatea, Whakatāne

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5,005sqm Land area SQM
479sqm Floor area

Solid rural opportunity


This high-profile corner site presents a rare opportunity to secure a quality tenanted investment with strong rural fundamentals.

Anchored by RD1's Farm Source - a long-standing and trusted rural supplies retailer - this property is the only provider of its kind servicing the wider catchment, ensuring consistent customer demand and tenant stability.

The 479sqm (more or less) retail facility sits on a generous 5,005sqm (more or less) fully fenced freehold site, boasting excellent accessibility and visibility from both road frontages. Zoned Rural, the property enjoys a strategic location within a tightly held area, catering directly to the surrounding agricultural community.

Currently returning $48,000 + GST per annum, plus outgoings, the lease includes inflation protection with CPI-based rental reviews every two years - underpinning strong ongoing income growth.

This is an unmissable chance to acquire a passive investment with a national brand tenant in a location where demand is locked in by necessity and geographic exclusivity.

For Sale by Deadline Private Treaty
Closing 4pm, Tuesday 8th July 2025 (unless sold prior)
Price: $600,000 + GST (if any)

Asking Price NZ$600,000 + GST (if any)
Mark Slade

Mark Slade

Commercial, Industrial and Business Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Damien Keenan

Damien Keenan

Retail, Commercial and Tourism Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Brei King

Brei King

Commercial, Industrial and Investment Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Anchor tenants


RD1 Limited, trading as Farm Source

Land area breakdown


5,005sqm (more or less) Includes, retail store, bulk room, storeroom and yard area

Location


Servicing the local farming area of Galatea and Murupara

Floor area details


479sqm (more or less) - Includes, retail store, bulk room, storeroom and yard area

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