Whangārei Central
5 Rathbone Street, Whangārei Central, Whangārei
+12
Strong tenant. Solid returns. Ready to transact.
Key Features:
• Secure tenant, long lease, strong income: Fully leased to ASB Bank Limited
• Modern, low-maintenance 815sqm (approximately) high-profile building
• Prime CBD location with excellent pedestrian traffic and proximity to key amenities
A proven performer in the heart of Whangārei's CBD.
This high-profile, ASB-anchored investment provides secure income from a major national tenant in a modern, purpose-built office. Fully leased to ASB Bank Limited, operating as their Whangārei branch and regional centre, the current lease term runs through to 22 November 2032, with rent reviews every two years and one further five-year renewal right.
The vendor is realistic and ready to transact. Investors seeking dependable income, a proven tenant, and long-term stability should act now.
Contact the agents below for more information;
James Hill
021 599 529
james.hill@bayleys.co.nz
Nigel Ingham
021 562 919
nigel.ingham@bayleys.co.nz
Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz
2 Harris Road, East Tamaki, Auckland
Dec
2pm
James Hill
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Nigel Ingham
Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Sunil Bhana
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Features
Occupancy
Secure Tenant and Long Lease: Fully leased to ASB Bank Limited.
Lease
Solid Income: Annual net rent of $305,482 plus GST
Location
Prime CBD Location: Excellent pedestrian traffic and close proximity to key amenities
Floor area details
Ground floor retail 235sqm (approximately)
Floor area details
Ground floor office 111sqm (approximately)
Floor area details
First floor office 407sqm (approximately)
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