A rare opportunity to secure a substantial commercial and tourism investment in the heart of Waihi Beach village.
Positioned at 20-24 Wilson Road, just moments from the beach, this 1,693sqm dual-title freehold holding combines established retail tenancies with the Beach Pacific Apartments accommodation offering. With approximately 820sqm of building area, multiple income streams and a large underlying landholding in a tightly held coastal location, this is an investment with plenty to offer now and into the future.
The property is home to five established retail tenancies alongside four fully self-contained apartments, creating a blend of commercial and tourism income. Property income is $235,893 + GST per annum, with outgoings recoverable from tenants. This includes the apartment lease, held by the vendor's accommodation business, which has been reviewed to $105,000 p.a. from 23 October 2026, based on a rental appraisal.
Leases include CPI or two-yearly rent reviews, and with renewal rights the average lease term to final expiry is over 10 years. The property and business are currently run passively, so a new owner has the chance to shape the accommodation side to suit their own needs, whether that's active management or a more hands-off approach.
Beyond the current returns, it is the scale, position and future potential of this property that set it apart. Whether you're looking for a passive investment, an owner-operated tourism opportunity, a long-term landholding or future redevelopment possibilities, there are multiple pathways to explore, subject to council approval.
Property highlights:
1,693sqm across two freehold titles
Approx. 820sqm of building area
Prime commercial position in the heart of Waihi Beach village
Five established retail tenancies plus four self-contained apartments
Property income of $235,893 + GST p.a. with recoverable outgoings
Apartment lease (held by the vendor's business) reviewed to $105,000 p.a., based on a rental appraisal
CPI or two-yearly rent reviews with long-term renewal rights
Private rear car park
Large underlying landholding in a tightly held coastal location
Future redevelopment, intensification and value-add potential, subject to council approval
Flexibility to invest passively, run the accommodation business, or explore the site's longer-term potential
A unique opportunity to secure income, land and future potential in one of the Bay of Plenty's most sought-after coastal destinations.
Price by negotiation. An information memorandum is available on request. Contact Ash or Hannah to find out more.
