59 Victoria Avenue, Whanganui Central, Whanganui
From $520,000 + GST (if any)
248m2
413m2
+17
+16
City centre art-deco
For sale, two income streams, one title, pure central retail on the sunny side of Victoria Avenue, a great location to purchase. Tenanted by Wisdom Is Yours alongside KILT, total rental is $40,500 net per annum. A Heritage building, 1895 construction, with an eye-catching Art Deco style facade, previously known as Dustins, has been modernised downstairs, with the upper floor rooms still in the original style. 59 Victoria Avenue has a concrete slab ground floor, the individual shops have rear storage and office spaces, separate upper floor storage and a common area courtyard. Floor area 426 m2, section 248 m2 (approx).
59 Victoria Avenue, Whanganui Central, Whanganui
Web ID
WGC114925
Floor area
413m2
Land area
248m2
District rates
$8,350.45pa
Regional rates
$324.51 pa
LV
$355,000
RV
$400,000
From $520,000 + GST (if any)
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Victoria Court, central to Victoria Avenue Whanganui, is a heritage building with a difference. Built in 1919/1920, this Class B grand old lady was constructed in two identical halves, with the exception of the front facades, one Ionic, the other Corinthian. A central glass roof courtyard is surrounded by various business types, internal stairways provide access to the upper floor. The property offers walk-through from Victoria Avenue to Watt Street. Internally, there have been alterations in 1981-1982 and again in 2018, while the balance maintains its original character, with feature timber paneling and old world style. From cellar to rooftop, this building exudes interest! Tenancies comprise of retail, hospitality, professional and consultancy. Land area 1,012 m2 (approx), building floor area 1,084 m2 (approx). For sale by negotiation, all offers considered.
By Negotiation
Suite K is an open plan and private office mix on the upper floor of the Victoria Court building, central Whanganui. The floor area is 217 m2 (approx) and has stair access from within the Court, with separate amenities and kitchenette. The open plan area overlooks Victoria Avenue, the private offices overlook the Court, which has a range of business tenancies inclusive of a restaurant, antiques and tech repair. The building is located central to the location of major national and local businesses. For lease $18,000 plus GST plus Opex per year.
$18,000
Are you seeking a location for destination customers with great signage space, a smart, clean and functional layout with an easy truck access to the storage and dispatch loading area? This high stud open plan building has a combined area of 831 m2 including the 667 m2 (more or less) main retail area. Definitely well appointed, the exterior shared customer parking is accessed from Ridgway Street, with another main entry from Trafalgar Square on Taupo Quay. Nearby tenancies are Countdown, The Warehouse, Carpet Court and multiple national retailers, all within the Trafalgar Square shopping complex plus Ford Motors and other retailers across the streets. Definitely a central location to consider when looking for a substantial floor area.
$150,000 pa + GST + OPEX
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