Occupying one of the most prominent intersections in the heart of Whakatane's CBD, this landmark freehold property presents a rare opportunity to acquire a large-scale, income-producing asset in a tightly held location. Positioned on the corner of The Strand and George Street, the property benefits from exceptional exposure and accessibility, capturing consistent foot and vehicle traffic within the town's primary commercial and hospitality precinct.
Set across approximately 2,687sqm (more or less) of freehold land, the property comprises a substantial building of around 2,220sqm (more or less), configured to accommodate multiple tenancies that maximise the site's high-profile position. Its commanding corner presence, complemented by triple street frontage, ensures excellent visibility from all approaches.
Located along the vibrant, tree-lined Strand, and surrounded by boutique retail, hospitality venues and professional services, the property is widely recognised as a key destination within the CBD. Its distinctive Art Deco architecture further enhances its identity as one of Whakatane's most iconic and enduring buildings.
The investment is underpinned by a strong tenancy mix, including well-established hospitality operators such as The Craic Irish Bar, Cobb & Co Restaurant & Bar and the Whakatane Hotel. These long-standing tenants contribute to the property's proven performance and provide a split-risk income stream, reinforcing the asset's resilience.
Opportunities of this scale and prominence are rarely available. With its significant landholding, high-exposure location and established income profile, this property represents a strategic investment with enduring appeal.
More than just a commercial holding, this is a cornerstone asset within the Whakatane CBD, offering investors the chance to secure a landmark property with lasting presence and long-term value.
To be sold by Auction - 10:30am, Tuesday, 19 May 2026 (unless sold prior) at The Comm, 45 The Strand Whakatane.
