26 Victoria Avenue, Whanganui Central, Whanganui
From $2,000,000 + GST (if any)
1,334m2
795m2
+28
+27
Classic quality investment
Situated in the buzzing 'bridge block', this fully leased three income-stream investment property at 22-26 Victoria Avenue, Whanganui is offered for sale. Retaining many of the features of its former use as the Whanganui branch of the Bank of New Zealand, location, style and income are hallmarks of this heritage icon. A substantial, quality investment, renowned as a unique building, retro fitted, extended and earthquake strengthened to 66% NZS4203. Comprising two titles, land area 1,334 m2 (approx), building area 795 m2 (approx) including associated improvements. The restaurant ground floor main dining, conference room and mezzanine function room is complemented by the adjoining courtyard, accessed directly from the main dining room, with separate access from Victoria Avenue. The mezzanine is accessed via both stairs and service/disability access lift. The three tenants are Momiji restaurant and cafe, Moni Barber and a managed residential apartment. For sale, buyer enquiry over $2,000,000 plus GST (if any).
26 Victoria Avenue, Whanganui Central, Whanganui
Web ID
WGC207092
Floor area
795m2
Land area
1,334m2
District rates
$22,526.62pa
Regional rates
$1,233.25pa
LV
$740,000
RV
$1,750,000
From $2,000,000 + GST (if any)
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MOMIJI - A premier restaurant business for sale at 26 Victoria Avenue, Whanganui. Unlock the doors to a thriving culinary gem in the heart of Whanganui’s vibrant hospitality district. This stylishly appointed restaurant is a rare opportunity for passionate restaurateurs seeking a profitable, high-quality business with multiple income streams. Key Features are - * Fully operational café, restaurant or takeaway with strong street presence * Offers a specialised Japanese menu, enhanced by Stone Grill and classic favourites * Licensed premises with a curated liquor selection to complement all menus * Secluded dining ideal for business meetings, intimate gatherings or special occasions * Fully equipped function centre – perfect for weddings, birthdays, and corporate events * Large fully equiped commercial kitchen with excellent work flow and multiple workstations * Built for efficiency and capacity, ideal for high-volume service and catering * Prime location and enviable style Whether you’re expanding your hospitality portfolio or stepping into your first quality venture, this opportunity combines reputation, revenue diversity and room to grow. Act now to own a piece of Whanganui’s profitable, premium dining scene. For sale, offers $500,000 plus GST (if any) plus SAV.
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