11 Cross Street, Castlecliff, Whanganui

A charming early-1900s building which has been subject to an extensive restoration programme, blending heritage character with modern performance and compliance. Strengthened to 68% NBS, the property offers confidence for investors seeking resilience alongside long-term appeal plus the all-important opportunity to purchase a tenanted investment property. The building is leased to a well-established catering and takeaway tenant, providing a reliable income stream from a practical, efficiently configured premise suited to its use. Current net lease is $31,500. The ground floor contains a retail sales area, the efficient commercial kitchen, dedicated storage plus amenities and outside is an in-ground grease trap. The first floor comprises additional storage and office with commanding views. Section area is 129 m2 (approx), building area 171 m2 (approx), construction is brick and timber, was strengthened in 2012. With its compact footprint, proven tenant and carefully restored character, this property represents an attractive, entry-level commercial investment, or a complementary addition to an existing portfolio. For sale $460,000 plus GST (if any).

$460,000 + GST (if any)

Eye-catching in its new decor, Shop 2 at 54 Moana Street, Whanganui East, is now available for lease. Located amongst the busy Whanganui East businesses, Shop 2 which faces down Jones Street, is 47 m2 (approx) floor area with a fitout that includes a sink unit, toilet, lights and has rear entry to car park at the back door. Rent $11,750 plus GST plus outgoings per year.

$11,750 pa + GST + OPEX

What an opportunity to purchase a business, a building and rental income from additional space available for leasing! The building is sited on a busy road next to the Challenge Service Station in Castlecliff, and offers a well-presented working environment. The current owners operate the Cross Street Takeaways, a thriving business with a loyal, local customer base. This business utilises one half of the available space, with the option to lease out the additional space for a next-door shop front enterprise. This triple combo is being sold as a package, is very well priced and will offer the new owners a chance to diversify their portfolio. Do not hesitate with this one, call us now for further information.

From $398,000 + GST (if any)