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87 Walton Street,
Whangarei Central, Whangarei District

1,143m² land size
989m² building size
Retail

NZD 1,900,000


Property details

Investment Property with Profile

A sizable Walton Street investment premises.

With frontage onto 2 roads, 8 car parks and being a stone's throw from the town basin and the new Hudertwasser Art Centre, this is a future proofed investment.

Tenanted by the New North Asian Supermarket and returning $95,000 plus GST per annum, this investment will provide rental growth in the coming years.

The building is strengthened and has an Initial Earthquake Assessment score of 67%.

Investment highlights:
• Returning $95,000 plus GST per annum
• Market rent reviews on renewal being Jan 2024 & Jan 2027
• Two street frontages
• 8 carparks
• Sought after location close to the Hundertwasser Art Centre & Town Basin Tourist Hub.

For further information contact John on 0272 808 980 or Megan on 027 346 4194.

Explore the area


School catchments

  • Te Kāpehu Whetū Composite Years 1-15 State 0.63km
  • Whangarei Intermediate Intermediate Years 7-8 State 0.71km
  • Whangarei School Primary Years 1-6 State 0.85km
  • Renew School Composite Years 1-15 State integrated 0.89km
  • Morningside School Primary Years 1-6 State 1.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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