47-53 The Strand and 2 Wairere Street, Whakatane, Whakatane

Endless opportunities - potential on point!

A unique offering of prime freehold commercial land in the heart of the CBD in a high-profile position, with easy access to nearby amenities and arterial routes.

As well as the benefits of location, land size, zoning and existing buildings, this provides a range of options to developers, occupiers and investors to acquire a rare freehold land holding in this tightly held location. Offering outstanding profile with extensive triple frontage to the main retail strip on The Strand.

Tipped for possible development with accommodation, retail or office space catering to an acknowledged lack of A-grade commercial premises in the town. The property sits within the Business Centre zone under the Whakatane District Plan, with existing business activities deemed permitted activities within this zone. Positioned on the town's main retail strip, and a short walk from Whakatane's riverside walkway, the site's possibilities are underpinned by its desirable town centre location.

The immediate surroundings are home to a concentration of hotels, restaurants and bars, along with offices and retailers. Major local employer Bay of Plenty Regional Council's headquarters and the Whakatane i-SITE Visitor Information Centre are a short distance away.
Currently enjoying an income of $59,198 +GST (Gross) from an existing building on part of the site, leased to a well-known established tenant.

With a population of around 20,000, Whakatane is the major service and administrative hub for the Eastern Bay of Plenty. It sits in the heart of a diverse and buoyant regional economy, with strengths in tourism, dairy, forestry and horticulture.
The town is well served with excellent air and road links, and lies less than 100 kilometres from Rotorua and Tauranga and within easy reach of half of New Zealand's population.

Strategic opportunities in this position are extremally scarce, as opportunity knocks, make sure you are first at the door!