Whangarei's only stone building! Listed under the Historic Places Trust as a type 2 building. Unique features include the stone walls, the lava flow solid rock rear wall, huge kauri beams and pillars.

Steeped in history and previously a bakery on the right side and butter factory on the left side, the space has been transformed into several flourishing tenancies.

The seismic upgrade has been completed and the middle floor is ready to be converted to apartments looking out across Laurie Hall park and the city.

Current net income of $125,140 plus GST and outgoings per year. A further $40,000 is available from the vendor on a lease back arrangement, giving a total net of $165,140 plus GST & outgoings.

Seeking an 8% return.