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

Westbourne Estate is Whanganui's only industrial hub and with the infrastructure and roading in place and titles issued, it is the perfect place for local and national businesses to relocate and expand. There are 14 lots on offer ranging in size from 2002 sq m to 9675 sq m with pricing from $245.00 to $285.00 per square metre - this represents great value! Neighbouring properties are already occupied by some big names in local industry and the appeal of this development is obvious - if it's manufacturing, storage, transportation or industry then you need to be here! The Mill Road location leads directly to the heavy truck thoroughfare to State Highway 3 and the Heads Road industrial area is also easily accessed. With talk of future port development underway and potential transport of goods becoming even easier, now is the time to get your foot in the door and be part of the booming industry in Whanganui. Opportunities in Whanganui like this are rare, so if the growth and development of your business is within your long-term plan then buying within Westbourne Estate should be on the list!

By Negotiation

This purpose built storage complex comprises 89 units, spread over five buildings, incorporating a range of unit sizes plus a two bedroom owners or caretakers dwelling (or use as a rental), complete with garage and a site office. Features include an automated entry/exit gate, wide driveways for ease of access, an electronic monitored security system, 24/7 access, plus the benefits of a proven, top line accounting system. The property is located in Whanganui's acclaimed and continually expanding development area, specific to commercial and industrial businesses, large and small, in a location set away from residential development. Storage property investment is a burgeoning business type, encompassing a wide range of investors, from individual to institutional investors. Whether you are a hands-off investor, or someone looking to benefit as an owner-operator, this is an excellent investment opportunity. Marketed for sale by tender, as a freehold going concern. Tenders close at 12.30 PM, Thursday 4 July 2024, at Property Brokers Ltd, 51 Taupo Quay, Whanganui. Will not be sold prior.

Tender 04 July 2024