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Back 8 Banff Street
Off Market

8 Banff Street

Regent Northland

19
8
680 m²
4224 m²
Unit
Last sold for $1,750,000
Karl LeathleyKarl Leathley, last sold this property on 20 November 2025 after 36 days on market.

Overview

Deceased estate, multi-unit - must be sold

Deceased estate - must sell For the first time in over eight decades, this unique multi-unit property is now offered for sale by the Executors of two-family Estates. An unparalleled investment opportunity situated in the heart of a blue-chip inner-city suburb, this site has been developed in multiple stages over the years to incorporate a diverse assortment of tenancies, that has yielded consistently high occupancy rates. • Currently returning $150,800 gross per annum* • Ten individual tenancies, with nine tenanted* • One x four-bedroom unit • Three x one-bedroom flats* • Six x two-bedroom units • 680sqm total floor area • A single freehold title comprising 4,224sqm (more or less) • Zoned General Residential • All units Healthy Homes Act compliant • Opportunity to further develop and add value Centrally located, it's incredibly popular with tenants due to its proximity to Whangarei CBD, Kensington Crossing shopping centre and Health Hubs, and the stunning Mair and Deveron Parks. With clear instructions from the Executors of the Estate that this must be sold, this is a prime opportunity for savvy investors seeking a property with immense potential and diverse income streams, or for developers ready to embark on their next project. A comprehensive information pack is available on request. Contact Karl Leathley to register your interest without delay. * The addition of a further one-bedroom flat has just been completed by the Estate. This is currently vacant, but expected to be tenanted soon.

Features

19 bedrooms
8 bathrooms
680 m² floor area
4224 m² lot size
Unit

Estimated Value

We need at least 3 similar 19 bedroom units sold in Regent over the last 12 months.

Property history for 8 Banff Street

2025
Sold
$1,750,000
Auction Sale on 20 Nov 2025 by Karl Leathley, of Bayleys Whangarei (Mackys Real Estate Ltd)

Happy sellers in Regent

77%
77% of sellers in Regent reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 17 reviews in Regent over the last 12 months.

Local market activity for 19 bedroom units in Regent

Nearby agents

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Sherry Gibbon

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Justin Sims

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Tracey Lovelock-Butler

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Warrick Harkness

Warrick Harkness is an award winning recommended agent for Regent.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (109 reviews)
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