Potential buyers are sizing up future options for a standout Whangārei CBD retail site that has for 30 years housed a flagship Jeanswest outlet.
The Cameron Street property now for sale sits in a pivotal position exposed to some of the city centre’s heaviest foot traffic.
It has had just two owners in nearly 100 years in a location that epitomises “tightly held”.
Jeanswest currently pays a net rent of $112,173 plus outgoings and GST per annum for the single-storey premises.
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Bayleys salesperson Daniel Sloper said Jeanswest had fitted more than a generation of locals with fashions that had gone full-circle from the baggy jeans of the nineties to skinny styles in the 2000s, then back to looser fits.
“With current lease end approaching in May 2027, this sale offers flexible future options and a once-in-a-generation opening for investors and owner-occupiers to secure a prime city centre presence,” Sloper said.
The freehold land and buildings at 36 Cameron Street, Whangārei, are being marketed for sale by Sloper and colleague Nigel Ingham of Bayleys Whangārei.
The property is being offered by way of a deadline sale closing on Thursday 5 December, unless it is sold prior.
The approximately 190-square-metre building encompasses a main retail showroom with full height street-front glazing, plus a mezzanine kitchen and storage area. It sits on some 203 square metres of freehold land.
Ingham said the site benefited from prime frontage onto Whangārei’s premier retail street, as well as handy rear access to a service lane.
“This exceptional site sits within the Cameron Street Mall, which the Property Institute noted in 2022 had the highest pedestrian count in the city centre. This ensures a steady customer flow, maximising visibility and sales opportunities for retail businesses.
“This is a truly proven location, evidenced by the presence of big-name Australasian retailer Jeanswest for three decades,” he said.
The Cameron Street property is underpinned by City Centre zoning under Whangārei’s district plan.
Ingham said this encouraged more intensive long-term development – offering both immediate returns and future growth potential.
“The city centre location places the property at the heart of a lively mix of retail, hospitality, food and beverage, professional services, office and residential accommodation.
“With a population of around 100,000, the Whangārei district is the engine room of Northland’s economy. It accounts for half of the region’s GDP and supports vital jobs in areas such as primary industries, healthcare, manufacturing and commercial services. As such, the property for sale is sure to attract buyer interest from well beyond the region,” Ingham said.
- Supplied by Bayleys
