504 Heads Road, Castlecliff, Whanganui

Auction 09 May 2024
551m2
Land Area
200m2
Floor Area

+11

+10

Primo port industrial

504 Heads Road, Whanganui, is one of those specific build developments which is seldom marketed. Constructed to exacting standards, this property will definitely appeal to buyers looking to be in the midst of the Whanganui Port Redevelopment activity, or as a multi-use tenancy investment. A heavy vehicle drive-past saves valuable turning area and the layout is excellent, designed for two tenancies, if required. There are two distinct workshop areas, divided by the kitchen, office and amenities. The 200 m2 (approx) steel and timber construction building displays excellent craftsmanship. Three 3.5 m x 3.5 m roller doors to two workshops, plus 3 personnel doors, great lighting and power distribution via single phase outlets plus 3 phase at the switchboard. This property is primo, in a rapidly changing area. For sale by Auction on site at 504 Heads Road, Whanganui, 11.00am, Thursday 9 May 2024.

504 Heads Road, Castlecliff, Whanganui

Web ID

WGC176331

Floor area

200m2

Land area

551m2

District rates

$3,969.87pa

Regional rates

$393.69pa

LV

$160,000

RV

$495,000

Auction (will not be sold prior)

Thursday, 09 May 2024, 11.00am

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Contact


Gil Button

Gil Button

021 326 956

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WGC176331

About the location


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Architecturally distinctive church building with dramatic vaulted ceilings and skylights, supported by steel girders and concrete foundation. Exterior is low maintenance mixed brick and hardiplank. The adjoining hall (with kitchen and four toilets) is attached by a covered walkway, creating a 360 m2 (approx) multi-use property, with fibrolite exterior walls. Freshly painted to a professional standard, new carpet, rewired and all identified deficiencies repaired. Sitting on a highly visible 1,392 m2 (approx), this fully fenced corner section, with estimated parking for 35 cars, has access from two streets. Due to the residential zoning and flat site there is potential for future residential development. Tenanted at $40,000 + GST + OPEX pa, commenced October 2023 with ROR.

$650,000

504 Heads Road, Whanganui, is one of those specific build developments which is seldom marketed. Constructed to exacting standards, this property will definitely appeal to buyers looking to be in the midst of the Whanganui Port Redevelopment activity, or as a multi-use tenancy investment. A heavy vehicle drive-past saves valuable turning area and the layout is excellent, designed for two tenancies, if required. There are two distinct workshop areas, divided by the kitchen, office and amenities. The 200 m2 (approx) steel and timber construction building displays excellent craftsmanship. Three 3.5 m x 3.5 m roller doors to two workshops, plus 3 personnel doors, great lighting and power distribution via single phase outlets plus 3 phase at the switchboard. This property is primo, in a rapidly changing area. For sale by Auction on site at 504 Heads Road, Whanganui, 11.00am, Thursday 9 May 2024.

Auction 09 May 2024

Sited in the major Heads Road industrial locality of Whanganui and close to the fast developing local Port Te Puwaha project, this 1990s purpose-built factory is located on approximately 1,508m2 of Leasehold land. Until recently, the approximately 542m2 building was home to a two tenant, rendering plant. The building consists of storage, chiller space, offices, and multiple amenities. Also included in the sale are two boilers located on-site, which were still operational at shutdown (September 2023), conditions apply. The property also features two large in-line grease traps, which were installed in 2010. The yard features secure fencing and there is good off-road parking. This property offers many investment options to utilise the strategic location, or perhaps even re-activate the prior business type.

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