107-109 The Strand, Whakatāne, Whakatāne

Rare freehold retail opportunity

Located in the heart of Whakatane's bustling main shopping street, this rare freehold property presents an exceptional opportunity for investors or owner-occupiers.

Offering approximately 440sqm (more or less) of versatile retail space, the property enjoys prominent street frontage to The Strand and convenient rear access via Canning Place for loading and unloading.

The main area is large, bright, and airy, with expansive windows that invite foot traffic and provide excellent exposure. The open-plan layout includes two breakout areas, complemented by a generous storage space at the rear, complete with a roller door for added security and a dedicated bin area.

Further features of the property include carpeted flooring throughout, heating and cooling for year-round comfort, a generous office space, two toilets, and a convenient kitchenette and lunchroom.

The property is currently leased to a well-established tenant, now entering their third lease term of three further years (and keen to stay on), which commenced on 9 December 2025, offering investors reliable income and confidence in the tenant's ongoing success. The established operator provides a secure net rental income of $85,135.92 +GST per annum.

With its prime location, excellent street visibility, and practical layout, this property offers a unique investment prospect in one of Whakatane's most sought-after retail precincts.

To be sold by Auction at 10:30am, Tuesday 17 February 2026 (unless sold prior), at The Comm, 45 The Strand, Whakatane.