Rich in character and historic charm, Linwood House is an impressive predominately wooden building offering approximately 370 m2 of floor area across three levels, including a basement extending beneath the full footprint of the property. This is a genuine restoration opportunity. Purchased by the current owners with the intention of returning the property to its former glory, work has commenced from the top with the installation of a new roof, a significant investment that provides an important foundation for the project. The opportunity now passes to the next fortunate owner to complete the transformation and realise the property’s full potential. The ground floor has previously accommodated two businesses operating from the various rooms, while the upper level has a long history of residential use. The apartment comprises two bedrooms and a generous lounge, complemented by two balconies positioned to capture the afternoon sun. With its beautiful timber floors, high character ceilings and wealth of original features, Linwood House is certain to inspire those seeking a distinctive property and the opportunity to create a truly special long-term project.

$542,000 + GST (if any)

Set within peaceful, park-like gardens on Mt View Road overlooking the Whanganui River, Hikurangi StayPlace offers a rare large-scale accommodation asset in one of the city’s most recognisable and historically significant buildings. Occupying approximately one hectare of landscaped grounds, the property enjoys expansive lawns, mature trees and a tranquil setting, while remaining within easy walking distance of Whanganui’s city centre, river walks, galleries and cafes. The main building provides an expansive approximately 9,406 m2 of floor area and currently operates as a flexible accommodation complex comprising 49 guest rooms, including a mix of single, twin and double rooms (many with ensuites), along with shared bunk rooms ideal for group stays, contractors and sports teams. This scale positions the property well to capitalise on Whanganui’s ongoing shortage of accommodation options. Supporting facilities include a commercial kitchen, multiple dining and lounge areas, games and recreation room, commercial-sized laundry, deconsecrated chapel, on-site parking, wheelchair accessibility and a comfortable owner’s apartment allowing for on-site management. With its substantial landholding, institutional-scale improvements, and prime elevated location, Hikurangi StayPlace presents genuine scope for continued accommodation use, repositioning or future development (subject to consents). Opportunities of this scale and proximity to the city centre are seldom available, making this a compelling proposition for investors and operators seeking scale, flexibility and long-term upside to it. For more photos follow this link https://url.au.m.mimecastprotect.com/s/11D5CjZ1EqSGOQoPtWf2Hmdtja?domain=adobe.ly

By Negotiation

Are you looking for a unique, vacant site? Situated in the vibrant activity locale of Whanganui`s Victoria Avenue "bridge block", this section presents an option for development. With a service lane at the rear, your entry onto the site is private, leaving the street frontage for business activities. Land area is 450 m2 (approx), inclusive of a walkway along the East boundary. Capitalise on this location, offering true specialist development potential. For sale $299,000 plus GST (if any).

$299,000 + GST (if any)