68 Ingestre Street, Whanganui
$542,000 + GST (if any)
2
2
Character, opportunity and potential
Rich in character and historic charm, Linwood House presents an exciting opportunity to secure a distinctive property offering the flexibility of commercial premises, residential living and income potential, all under one roof. This impressive timber building offers approximately 370 m2 of floor area across three levels, including a substantial basement extending beneath the full footprint of the building. The ground floor is configured to accommodate commercial businesses, having previously housed two separate operations. Now vacant and ready for new ventures, the various rooms offer flexibility for a range of business activities, providing an opportunity to establish your own operation or generate rental income. Upstairs, the spacious two bedroom apartment offers a generous lounge and two balconies positioned to capture the afternoon sun. Beautiful original timber floors, high character ceilings and a wealth of period features provide the charm and character that make this property so distinctive. The current owners have tackled one of the most significant aspects of the restoration with the installation of a new roof. Now on the home stretch, they have removed the carpets from the upstairs apartment in preparation for polishing the beautiful original timber floors, bringing the property another step closer to realising its full potential. Linwood House is only a heartbeat away from becoming something truly special. Whether you choose to make the upstairs apartment your home while enjoying passive income from the commercial spaces below, or capitalise on the entire property as an income-producing investment, the choice is yours. With its distinctive character, flexible configuration and considerable potential, Linwood House presents an opportunity to create something special while preserving an important piece of Whanganui's architectural heritage.
68 Ingestre Street, Whanganui
Web ID
WGU240153
Floor area
370m2
Land area
344m2
District rates
$7,437.91pa
Regional rates
$661.05pa
LV
$260,000
RV
$520,000
2
2
$542,000 + GST (if any)
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