26 Victoria Avenue, Whanganui Central, Whanganui
From $1,599,000 + GST (if any)
1,334m2
795m2
+23
+22
Central, quality investment
This fully leased three income-stream investment property at 26 Victoria Avenue, Whanganui, is now offered for sale. Retaining 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. Land area 884 m2 (approx), building area 795 m2 (approx) including associated improvements. The restaurant ground floor main dining, conference room and mezzanine function room which is accessed via stairs and a service / disability lift. Trades, tenants, staff and hospitality deliveries enter the property from a rear service lane. Rental income is $130,000 Net. The three tenants are Momiji Restaurant and Cafe, Moni Barber and a managed residential apartment. For sale, $1,599,000 plus GST (if any).
26 Victoria Avenue, Whanganui Central, Whanganui
Web ID
WGC207092
Floor area
795m2
Land area
1,334m2
District rates
$21,171.80pa
Regional rates
$1,385.47pa
LV
$570,000
RV
$1,630,000
From $1,599,000 + GST (if any)
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Upper Victoria Avenue, Whanganui business district, offering excellent exposure for office and hospitality opportunities. Nearby businesses include motels, commercial offices, national chain hospitality businesses, supermarkets, vehicle retailers, big box retail and manufacturing - an inclusive broad spectrum of industries and businesses attracting a wide range of professions. Whanganui Intermediate School, Whanganui City College and Whanganui Collegiate School and a day care centre are within walking distance. The unique layout, with a total tenantable area 386 m2 (approx) inclusive of courtyard, has eight designated car parks. The street front location is "sunny side" and visibility is excellent. A functionally designed layout can be adapted to suit the specific requirements of one or more tenants. Expressions of interest are invited from prospective tenants.
By Negotiation
Are you seeking a location for destination customers with great signage space, a smart, clean and functional layout with an easy truck access to the storage and dispatch loading area? This high stud open plan building has a combined area of 831 m2 including the 667 m2 (more or less) main retail area. Definitely well appointed, the exterior shared customer parking is accessed from Ridgway Street, with another main entry from Trafalgar Square on Taupo Quay. Nearby tenancies are Countdown, The Warehouse, Carpet Court and multiple national retailers, all within the Trafalgar Square shopping complex plus Ford Motors and other retailers across the streets. Definitely a central location to consider when looking for a substantial floor area.
$150,000 pa + GST + OPEX
Looking for space on Victoria Avenue, in central Whanganui? This building is becoming a popular destination with various tenants now in place. Take your choice, from 50 to 500 m2 (approx), either open plan or divided into various configurations of offices with amenities, stairs, lift and access from the marble lined foyer in Guyton Street. For lease by negotiation.
By Negotiation
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