11-13 McAlister Street, Whakatāne, Whakatāne

Invest in property - it's in our DNA!

An unparalleled investment opportunity anchored by the trusted national tenant, Mitre 10, with secure lease tenure supported by generous rights of renewal extending through to 2050. This is more than a passive holding, a proven, income-producing asset underpinned by a strong covenant and long-term stability.

Occupying a substantial freehold landholding on a high-profile corner site, the property commands exceptional exposure. Positioned on McAlister Street, adjacent to New World, it benefits from significant vehicle and foot traffic, reinforcing its position within a key retail hub and ensuring ongoing customer engagement.

The purpose-built improvements have been designed to meet the operational requirements of a national retailer, providing efficiency and functionality.

• High-profile freehold corner land holding set over two separate titles
• Fully leased to national tenant 'Mitre 10' with an annual net rental of $219,239 +GST
• Located on the fringe of the central business district
• Opportunity to purchase the neighbouring freehold commercial parcel of 1,466sqm (more or less)

A tightly held asset of this calibre presents a rare opportunity, offering a compelling combination of secure income, prime location and future growth potential within an established commercial precinct.

To be sold by Auction - 10:30am, Tuesday, 28 July 2026 (unless sold prior) at The Comm, 45 The Strand, Whakatane.