For Sale or Lease. This property has a sound history as a retail location, positioned in the heart of Whanganui`s Victoria Avenue retail strip. This well-located investment property offers 126 m2 (approx) of ground floor retail use plus a 90 m2 (approx) undeveloped first floor with future value-add potential, on 286 m2 (approx) land area. The ground floor is currently leased as an established hairdressing salon and is well presented, while the upper level gives an opportunity for further development or owner-occupier expansion. Rear parking with access from St Hill Street enhances convenience for staff and clients alike. Engineering plans for special upgrade works are available to the purchaser if required, offering clarity around future improvements. A tightly held central Avenue position with upside — secure it today and unlock tomorrow’s potential. For sale $420,000 plus GST (if any), or for Lease.

$420,000 + GST (if any)

Take advantage of this highly visible main street property located on State Highway 2. Offering a unique opportunity with vacant possession, this property is ripe for development. Built around 1911, it stands on 523m2 (approx) of land with a substantial 550m2 floor area, providing ample space for future projects. Though the building has been designated as earthquake prone, its location and potential make it an ideal candidate for redevelopment. The 2023 rating valuation is $133,000 presenting a cost-effective entry into a prime area. Situated in a position that ensures maximum visibility and foot traffic, this property is surplus to requirements, and the owner is motivated to sell. Whether you are looking to invest, develop, or repurpose, this location offers endless possibilities. Dont miss out on this chance to secure a property with excellent future potential in a key area.

$105,000

Welcome to an outstanding building and business investment opportunity in the heart of Pahiatua's commercial precinct. This meticulously maintained commercial property offers investors both a secure building asset but also the established business operating within it. The building boasts an impressive 82% NBS (New Building Standard) seismic rating, designating it as a Category A building, providing confidence in its structural integrity, safety, and long-term durability. The property is currently configured with three separate leases, featuring reputable tenants including The Bookshop, New Zealand Post, and BNZ. These well-known and trusted brands enhance the building's profile while providing a reliable and diversified income stream. Each tenancy occupies a thoughtfully designed space tailored to its operational needs, supporting successful and long-standing business activity. Positioned in a high-profile location with excellent visibility, the property benefits from strong pedestrian exposure and convenient accessibility. Rear access to the site and dedicated staff parking further enhance its functionality for tenants and visitors alike. Adding to the appeal, is being your own boss with owning and operating the existing business within the building trading as The Bookshop, presenting buyers with the flexibility to secure both a strategic property investment and an established commercial operation. The Bookshop is a well-known and loved business in the local community. It has a very loyal customer base brought in by established brands like Kiwibank, Lotto and NZ Post helping to accentuate the thriving flower business, stationary and book sales. This is an opportunity to secure your future, to strengthen your portfolio, offer stability, profile, and future potential in a well regarded commercial location.

From $685,000 + GST (if any)