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A solid, income-generating investment in the heart of Whangamata’s commercial centre. Located at 503 Port Road, this 235sqm (more or less) freehold site is leased to a franchisee of “Unichem Pharmacy”, a well-established national brand providing essential services to the local community.
The property forms part of a larger retail space, with internal walls partially removed to create a seamless layout. A highly accessible site, it features rear parking and service lane access, enhancing convenience for staff and deliveries. With an 83% IEP rating, the building meets strong structural standards, offering security for investors.
Currently returning $33,103.13pa +GST/OPEX, this low-maintenance, set-and-forget asset delivers reliable income with a long-term tenant in place. Whangamata’s town centre enjoys steady foot traffic year-round, particularly during peak holiday seasons, ensuring strong business activity.
This is an attractive opportunity for mum-and-dad investors, portfolio builders, or those seeking stable commercial returns in a sought-after coastal location. With limited commercial supply in the area, well-leased investments like this are tightly held.
A straightforward, high-performing asset in a prime position – secure your place in Whangamata’s growing commercial landscape.
For further details, get in touch today.