New central city investment

This will be an appealing option for investors looking to add to their portfolio. Whanganui District Council as the tenant and business operator, with a 9 year term lease, with New Zealand Glassworks as the business. Located at 2 Rutland Street, Whanganui, adjacent to the UCOL campus, within this fast developing area of the city's heart. The building has seismic retrofit completed. Comprising of a showroom, office, viewing mezzanine and sales gallery, a disability lift, lower level kiln room, open hot work area and cold room with wash-down. Specialist tenant fitout includes furnaces. Nett annual rental $58,000 plus GST with 3 year market reviews. For sale by negotiation. Call Gil or Lee for a confidential discussion on this opportunity. Gil 021 326 956 or Lee 021 705 657.

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