An icon on the corner of Victoria Avenue and Ridgway Streets, Whanganui, a Category B Heritage, 2 storey building on a freehold title of 2,023 m2 (more or less). A significant slice of real estate in Whanganui's main business centre. Long renowned for its hospitality business, the Rutland Arms Inn on Ridgway Street offers accommodation in the grand style of yesteryear, accompanied by a substantial, acclaimed restaurant, bar and relaxing social areas. Definitely impressive! Combine the Rutland Arms Inn with the equally significant Victoria Avenue frontage, tenanted by a range of businesses and offices, the allure of the location is obvious. With a rental of $250,717 plus GST, Net, consider this an asset to be prized. The tenants include the corner, old world style, modern cuts barber shop, office, retail and travel, beauty and health businesses. The upper floor includes mixed office tenancies. This very versatile mix of tenancies, ranging from hospitality through to retail and service businesses, make The Rutland an attractive investment.

$3,100,000 + GST (if any)

Step into history and hospitality with Braemar House. This beautifully restored former hospital is now operating as a thriving B&B and YHA Hostel. Situated on an expansive 2,023 m2 section and only a stone’s throw from the river, this immaculately presented property, leaves a lasting impression and offers both a charming lifestyle and a lucrative business opportunity. B&B wing includes: · 8 guest rooms · Deluxe lounge and intimate dining room · Guest-only bathroom facilities (1 bath, 2 showers, 2 toilets) YHA Hostel offers: · 4 cabins with shared bathrooms (2 showers, 2 toilets) · Family cabin with private en suite · 2 dormitory rooms (4 and 3 bunk beds) · Shared kitchen, lounge and laundry facilities Private owner's apartment: · Located on the second floor · Full kitchen, dining, lounge and bedrooms · Ideal private retreat after a day of hosting Braemar House has been thoughtfully renovated and maintained, ready for new custodians to step in and continue its legacy. Whether you're seeking a home and income or looking to step into a ready-to-run hospitality business, this is your chance to own a significant piece of Whanganui’s heritage. This is a turnkey business and lifestyle opportunity.

By Negotiation

A genuinely rare opportunity is now available to secure one of Whanganui’s most recognisable large-scale venue assets. Expressions of Interest are invited for this substantial grandstand and events facility positioned within the heart of an established sporting precinct overlooking Spriggens Park. Offering scale, profile and versatility seldom seen in the local market, this property presents a tremendous opportunity for investors, venue operators, community organisations, or commercial users seeking a distinctive premises with presence. Property Highlights: • Approx 803.9 m2 grandstand and function facility • Expansive elevated outlooks across sporting grounds and cityscape • Large open-plan function and hospitality spaces • Commercial catering kitchen and main bar area • Lift access and well-appointed public amenities • Upper level offices/meeting rooms approx 182.5 m2 • Auxiliary machinery shed approx 110 m2 • Generous off-road parking for events and functions • Highly recognisable and unique built asset The improvements are located on Whanganui District Council leasehold land, with incoming purchasers required to engage with Council regarding future lease or licence arrangements. This is a genuinely unique opportunity to secure a large-scale venue asset capable of supporting events, hospitality, sporting, commercial or community uses in a tightly held recreational location. Expressions of interest close: Friday 10 April 2026.

Price on Application