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Unclaimed

57 Albert Street, Cambridge

Waipa District

Asking Price $1,295,000 Plus GST (if any)

  • 499m²
  • 1,726 m²
  • Office

Income today. Opportunity tomorrow.

• 499sqm (approx.) floor area across all buildings • 1,726sqm (more or less) landholding • Two established tenancies returning $86,000 plus GST and outgoings per annum • High exposure Cambridge location • Zoned Mixed Use Commercial

Opportunities to secure a substantial commercial landholding in a high profile Cambridge location are not always easy to find. With established rental income in place and potential to unlock further value over time, this property offers buyers the chance to invest in both the present and the future.

Occupying a true eyes-on location, the 499sqm (approx.) buildings sit on a substantial 1,726sqm (more or less) site, surrounded by major large-format retailers. It benefits from strong visibility and a secure holding income, with two established tenants generating a combined annual rental of $86,000 plus GST and outgoings.

The workshop is leased to Treetown Kitchens on a two-year lease commencing January 2026, with two further rights of renewal of two years each. The property is zoned Mixed Use Commercial, and the Versatile Homes & Buildings tenancy can potentially be developed in two years, providing additional flexibility in the medium term.

Whether you are looking to expand your investment portfolio, secure a strategic development site or explore the potential of a well positioned commercial property, this is an opportunity worth serious consideration.

Contact sole agent, Willem Brown, for further information or to arrange a viewing.

Every sale and rating valuation published for this property, and when it was on the market, newest first. No sale on record yet.

Know what it sold for?
ON
6 Aug 2026
On the market
Asking Price $1,295,000 Plus GST (if any)
Listed for sale
Bayleys Hamilton - CommercialWillem Brown

A rating valuation is the council's figure for apportioning rates, not a market appraisal. Sale prices are as published; a code beside a price is the council's sale type — hover it for what it means. “Off the market” only means the property stopped being advertised: it may have sold, been withdrawn or moved to another agency.

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Property data

  • Land area1,727 m²
  • Property categoryUse not published
  • CouncilWaipa District
  • Valuation #4370-62000

From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.

Title and land

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  • Title numberSA44C/474
  • Title typeFreehold
  • Legal descriptionLot 2 Deposited Plan South Auckland 51281
Registered instrumentsChecking the register… See the title summary →

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Building consents

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About Cambridge

Waipa District
8,663
Properties on the rating roll
1 Aug 2025
Last council revaluation
Buyer demand

17 people looked at properties in Cambridge this week.

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