SoldJul 23, 2026

1-6/163A Commerce Street, Whakatane, Bay of Plenty

Amount undisclosed

6
6
350 m²
1621 m²

Unit

30+ days on the market

Sold: Jul 23, 2026

What's around 1-6/163A Commerce Street

Six income streams, one opportunity

A chance to purchase individual dwellings a duplex or secure all six! Comprising of three separate blocks, this investment offering includes six one-bedroom units (Flats 1-6), each held on its own freehold title and zoned commercial, providing flexibility, long-term security and future resale potential. Land areas range from approximately 147sqm to 281sqm (more or less), with each unit benefiting from its own private backyard, adding further tenant appeal. Constructed in dependable Modulock and presented in good condition, the units offer low-maintenance ownership with scope to further enhance and add value over time. Internally, each unit features practical open-plan living, a functional kitchen, full bathroom with shower and the comfort of a heat pump for year-round climate control. Positioned on a private rear site just off Commerce Street, Whakatane's main commercial thoroughfare, the location offers excellent convenience to the supermarket, town centre and everyday amenities - supporting strong occupancy appeal. With solid fundamentals, individual freehold titles and upside potential, this is a compelling opportunity for investors seeking an affordable multi-income asset with future growth potential. Opportunities of this scale and flexibility are increasingly difficult to secure - act now to strengthen your portfolio. To be sold 'as is, where is', vacant and ready for immediate possession. Deadline Sale - Closing 3:00pm, Thursday, 25 June 2026 (unless sold prior).

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Buyer's review

8 days ago

Helpful and good communicator

Larissa took the time to understand exactly what my wife and I were looking for with the purchase of 163A Commerce Street, Whakatāne. She answered all of our questions thoroughly, and if she didn't have the answer straight away, she contacted the vendor and got back to us promptly. Even after the sale was completed, Larissa went above and beyond by holding onto the keys until our building contractor was ready to begin the renovations. As we weren't local to Whakatāne, her flexibility, understanding, and willingness to accommodate our situation made the whole process much easier. Thank you again, Larissa, for your outstanding service. We really appreciate everything you did for us.

D
David And Heather
Buyer

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