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Back 114 Valley Road
Off Market

114 Valley Road

Whakatane Bay of Plenty

18
18
14
2882 m²
Unit
Greig KirbyGreig Kirby, last sold this property on 15 October 2026 after -20 days on market.

Overview

18-Unit Investment - Whakatāne

Positive Cash Flow & Capital Growth Potential Welcome to 114 & 116 Valley Road and 95 Douglas Street, Whakatāne - a rare opportunity to acquire three adjoining freehold investment properties offering 18 income-producing units together with significant future development potential, subject to Council approval. Comprising 2,882m² across three separate freehold titles, this substantial holding provides investors with an established income stream today, while retaining the potential for future capital growth and development. Key Features $306,000 annual rental income 18 income-producing units 17 studio units + 1 one-bedroom unit 2,882m² total freehold land 3 separate freehold titles Prime Valley Road and Douglas Street location Every unit includes a kitchenette, bathroom facilities and courtyard Strong tenant demand and consistently high occupancy Secure and relaxed living environment Significant development potential, subject to Council consent Genuine sale - vendor retiring The properties have an established history of strong tenant demand, with long-term occupancy providing an attractive and consistent income stream. The Three Properties 95 Douglas Street, Whakatāne • 4 units • 857m2 freehold title 116 Valley Road, Whakatāne • 8 units • 1,174m2 freehold title 114 Valley Road, Whakatāne • 6 units • 851m2 freehold title A Genuine Investment Opportunity This is an opportunity to acquire three adjoining investment properties in one transaction, providing immediate rental income, substantial landholding and potential for future development. Whether you are seeking strong rental income, long-term capital growth or future development potential, this property deserves your consideration. Contact Greig today for the full information pack.

Features

18 bedrooms
18 bathrooms
14 carspaces
2 carport spaces
12 open car spaces
2882 m² lot size
Unit

Estimated Value

We need at least 3 similar 18 bedroom units sold in Whakatane over the last 12 months.

Property history for 114 Valley Road

2026
Sold
Undisclosed
15 Oct 2026 by Greig Kirby, of Ray White Ellerslie

Happy sellers in Whakatane

68%
68% of sellers in Whakatane reported that their sale price either exceeded or met their price expectations.

Whakatane stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 126 reviews in Whakatane over the last 12 months.

Local market activity for 18 bedroom units in Whakatane

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