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Whitianga

24a Albert Street, Whitianga, Thames-Coromandel

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428sqm Land area SQM
163sqm Floor area

Two incomes, one location


•Two tenants, shared risk
•Central Whitianga profile
•Returning $37,600+GST & outgoings per annum
•Tightly held location
Opportunities like this are few and far between. Located in the heart of Whitianga's pedestrian shopping area, 24a Albert Street offers prime street-level exposure in a township known for its low turnover and tight supply.
With two established tenancies already in place, this asset delivers a solid income stream of $37,600 + GST and outgoings per annum, with the added benefit of risk split across both leases. The building's positioning—right on the main street—ensures high visibility, consistent foot traffic, and long-term relevance.
For buyers looking to establish a foothold in this high-demand coastal township, this is your opening. Whether you're expanding your portfolio or anchoring your first commercial investment, the numbers stack up and the profile delivers.
The property's tidy street frontage and modern façade provide an attractive, low-maintenance holding. The split tenancy structure adds resilience, while future rental growth or use flexibility offers scope for long-term upside.
Whitianga's commercial core rarely lets go of its real estate—seize the chance to get in.

Auction
(unless sold prior)

96 Ulster Street, Hamilton

14
Aug

Time12pm
Calander
Calendar
Josh Smith

Josh Smith

Commercial and Industrial Sales and Leasing

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

Features

Location


Located in the heart of Whitianga’s commercial zone, 24a Albert Street offers prime street-level exposure in a township known for its low turnover and tight supply.

Occupancy


Two established tenancies already in place, this asset delivers a solid income stream of $37,600 + GST and outgoings per annum, with the added benefit of risk split across both leases.

Floor area details


162.5sqm (approximately) building area.

Prime frontage


The building’s positioning—right on the main street—ensures high visibility, consistent foot traffic, and long-term relevance.

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