27 Albert Street, Whitianga, Thames-Coromandel

Commercial Income with simple structure

•$50,000pa net income + GST and outgoings
•One lease, minimal management
•Retail plus storage, parking
•Consented apartment above
This commercial investment is well suited to experienced property owners seeking to expand an existing portfolio with a reliable, uncomplicated income stream. Producing approximately $50,000 per annum + GST, net of operating expenses, the property is held under a single lease, allowing it to be added to a broader holding structure without increasing management intensity.
The ground floor comprises retail premises with dedicated storage, supported by excellent on site parking and the operational advantage of rear access via a service lane, enhancing tenant functionality and long term practicality.
A fully consented two bedroom apartment is positioned above the commercial space and is included within the same lease arrangement, consolidating multiple income components into one title and one tenancy.
For investors accustomed to owning multiple properties, this is a scalable acquisition defined by clear income, efficient configuration, and ownership simplicity—an asset that can be held alongside other investments without requiring active oversight or ongoing adjustment.