5 Rathbone Street, Whangarei, Northland (1905776) Strong tenant, prime location, solid returns

Available PropertyFiles:

  • Information Memorandum.zip
  • LIM Report.zip
  • Record of Title.zip

Property Description

• Secure tenant and long lease: Operating the site as their Whangārei location and regional centre
• Solid income: Annual net rent of $305,482 plus GST
• Modern, low-maintenance building: Built in 2017, with minimal upkeep
• Prime CBD location: Excellent pedestrian traffic and close proximity to key amenities

This is a great opportunity to acquire an 875sqm site and high-quality commercial property with a strong lease to a reputable tenant in a thriving location.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact James Hill

Bayleys Real Estate Ltd, Manukau

Licensed under the REA Act 2008

021 599 529   james.hill@bayleys.co.nz   All Listings

Selling is in James Hill’s blood – with decades spent honing the craft of building customer service through such industry sectors as insurance, time share apartments, exhibitions, and events.

James Hill brought his honed sales skills to Bayleys’ commercial and industrial division in 2006 - appreciating that building and managing client relationships would be the foundations for a long-term career in a city where reputation and credibility are everything.

Underpinning James Hill’s drive for delivering ultimate customer service are a set of fundamental business practices - including planning, meticulous time management, industry knowledge, wider appreciation of town planning and development dynamics, and dogged persistence.

As an active cricket player and golfer (with a pair of aces to his credit), James Hill’s competitive nature is reflected in the ‘fight’ he puts into marketing clients’ properties.

“I’ve found that the more you put into developing business networks and growing a profile in the commercial property community, the more that comes out in terms of engineering successful sales and securing on-going listing campaigns,” says James.
Utilising a broad exposure to a raft of different commercial and industrial property types - in conjunction with listening to, and learning from both vendors and purchasers - James Hill has come to recognise the multiple road blocks and hurdles which can lie in wait to ambush a successful marketing campaign. Consequently, James knows how his clients can structure their deals to accordingly avoid those pitfalls and attract the widest potential buyer interest possible.


Contact Nigel Ingham

MACKYS REAL ESTATE LIMITED, BAYLEYS, LICENSED UNDER THE REA ACT 2008

021 562 919   nigel.ingham@bayleys.co.nz   All Listings

Nigel is a highly accomplished commercial real estate professional specialising in sales and leasing across Whangārei and the greater Northland region. With expertise spanning industrial, office, retail property, and land transactions, Nigel brings over two decades of invaluable experience to his role at Bayleys in The North, Whangārei office.

Launching his career in 1998 in South Auckland's industrial market, Nigel quickly distinguished himself through his tenacity, persistence, and unwavering commitment to client service. His exceptional performance led to an opportunity to spearhead Colliers' industrial real estate division in East China in 2010. During his tenure abroad, Nigel drove his team to become the dominant industrial agency in the region, achieving an impressive 57% compound annual growth rate.
Returning to New Zealand in 2021, Nigel chose to bring his wealth of expertise to Northland's burgeoning commercial real estate market. His international experience and local market knowledge make him uniquely positioned to advise clients on a wide range of commercial property opportunities.

Throughout his career, Nigel has been recognised with numerous industry awards and has been instrumental in landmark commercial property transactions. His impressive track record encompasses a wide range of deals, including significant land sales, commercial and industrial property sales across all market price points, and various commercial lease transactions. Nigel has consistently achieved exceptional results for his clients, including record-breaking prices for vendors. His expertise extends to notable design-build lease arrangements for prominent brands such as Kmart, NZ Post, and Fonterra. These achievements span his work in Auckland, China, and most recently, Northland, demonstrating his ability to excel in diverse markets and deliver value across different property types and transaction structures.