Whakatane 1-5/72 Landing Road
Negotiation
Riverview Investment Block; Bring Your Offer
Positioned on one of Whakatane's most recognised stretches of riverfront real estate, River View Apartments presents a genuinely rare investment opportunity. Built in the 1960s by Berg Builders, this iconic Landing Road address has stood as part of the town's landscape for generations. Now, for the first time, all five apartments are offered together on individual stratum in freehold titles.
This is the kind of asset investors wait years to secure.
Each of the five two bedroom apartments has been tastefully modernised while still retaining the character and charm that makes the complex so distinctive. Spanning two levels, the layouts feature open plan living, dining and kitchen spaces with polished timber flooring, exposed block detailing, and large glass-fronted living areas that capture the river outlook beautifully.
Upstairs, every apartment offers two bedrooms and a bathroom, creating practical and comfortable accommodation for long term tenants. Modern kitchens, heat pumps and Healthy Homes compliance across the entire complex mean the heavy lifting has already been done.
Each unit includes its own covered carport and lockable storage area, while the end apartment also benefits from additional off-street parking and an exclusive use rear yard.
Professionally managed with an established body corporate structure in place, the complex is well maintained and offers ease of ownership for investors seeking a more streamlined investment.
The location further strengthens the appeal. Situated directly beside the Whakatane River walkway and cycle network, tenants can easily access the town centre, Coastlands, local reserves, and nearby coastal tracks, all from the front doorstep.
Five updated apartments. Five income streams. One tightly held riverfront address.
Opportunities of this scale, flexibility and location are exceptionally hard to find in Whakatane.
Contact Astrid on 027 380 5552 or Jessy on 027 736 5265 for further information or to arrange your viewing today.
Property ID:
EWK21532
Legal Description:
1182867 - A stratum estate in freehold in all the Principal Unit 1 on Deposited Plan 604138 (South Auckland Registry). 1182868 - A stratum estate in freehold in all the Principal Unit 2 together with Accessory unit 12 on Deposited Plan 604138 (South Auckland Registry). 1182869 - A stratum estate in freehold in all the Principal Unit 3 together with Accessory unit 13 on Deposited Plan 604138 (South Auckland Registry). 1182870 - A stratum estate in freehold in all the Principal Unit 4 together with Accessory unit 14 on Deposited Plan 604138 (South Auckland Registry). 1182871 - A stratum estate in freehold in all the Principal Unit 5 together with Accessory unit 15 on Deposited Plan 604138 (South Auckland Registry).
Body Corporate Fees:
$2,243.48 (Units 1-4/ea), $2638.29 (Unit 5)
Exterior Construction:
Concrete
Roof:
Corrugated Iron
Joinery:
Timber
House Area*:
400 square metres (approx)
Bedrooms:
10
Chattels:
Blinds x 5, Curtains x 5, Dishwasher x 5, Fixed Floor Coverings x 5, Light Fittings x 5, Hob - Electric x 5, Rangehoods x 5, Hot water cylinders x 5
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.