30 Maria Place, Whanganui Central, Whanganui

Deadline Sale 07 May 2024
202m2
Land Area
400m2
Floor Area

+17

+16

Iconic tenanted investment

Standing proudly on the corner of Maria Place and St Hill Street is this majestic and iconic commercial building. This Heritage building is located opposite the main entrance to the Cooks Gardens multi-sport facility with a short walk to the Whanganui Opera House and Victoria Avenue. Two floors, with the ground housing the main kitchen and food storage and prep areas, connected via a dumb waiter to the top floor. A well-designed hospitality venue and location. Continuing the tradition of the site as a restaurant of significance, the new tenant is upgrading the complete interior. Commencement of works will be evident upon inspection and the prudent buyer will note the opportunity which exists with the long term lease, which is $24,000 plus GST plus Outgoings, expiry date 2042. For sale by Deadline Private Treaty closing at 12.00pm, Tuesday 7 May 2024 (unless sold prior).

30 Maria Place, Whanganui Central, Whanganui

Web ID

WGC181438

Floor area

400m2

Land area

202m2

District rates

$6,635.41pa

Regional rates

$290.43pa

LV

$230,000

RV

$325,000

Deadline Sale (unless sold prior)

Tuesday, 07 May 2024, 12.00pm

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Contact


Gil Button

Gil Button

021 326 956

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WGC181438

About the location


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This central Whanganui group of four office suites, represents a rare opportunity to secure a large holding of approximately 353 m2 of specialised and also independent offices in a complex occupied by professional businesses. The owner is retiring and offers this group at a discounted rate, well below the CV of $860,000. Strategically located in the sought after Wicksteed Street business sector of Whanganui. They feature four well-presented suites of varying sizes, each with their own title. For sale either as one complete group, or Suite 19 can be sold separately. The facilities including reception areas, kitchenette, meeting rooms, two open-plan style offices and a private outdoor area. There are amenities in each, two have showers and three have wheelchair access. In total there are five off street carparks allocated and ample street parking is also available. You may be looking to upgrade from your existing premises and use the whole space, or create some passive income by renting out some selected suites. With these features, this is a tidy group of offices for the sincere investor at a generous sale price. You will be pleasantly surprised. * Approximately 353 m2 floor area * Five carparks * Eight offices, two large open-plan offices. * Excellent staff facilities including showers * Wheelchair access.

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Victoria Avenue is Whanganui`s principal central business and entertainment location, with high pedestrian and vehicle traffic flows. Dining at The Blend Cafe and Infusion Restaurant offers a delightful gastronomic experience. Established as a cafe for the daytime trade, and a licensed restaurant for evening fine dining, is now offered for sale as a going concern. This well laid out cafe/restaurant is 87 m2 (approx), with seating for 50 diners. It has a full commercial kitchen, is operating in a modern building and has three on-site car parks. Neighbouring businesses include banking, retail, symbiotic hospitality and service trades. A great main street location. For sale $199,000 plus GST (if any) plus SAV.

$199,000 + GST (if any)

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