68 Victoria Avenue, Whanganui Central, Whanganui
price TBC
344m2
1,580m2
A genuine investment
68 Victoria Avenue, Whanganui is in the prime retail, central commercial area of the city. Above the ground floor retail shop there are three floors of office space and a roof-top office with expansive deck and panoramic city views. The building is a 1971 structure of reinforced concrete, with both lift and stair access, constructed for State Insurance. The Detailed Seismic Assessment records 82% NBS, allowing occupancy by the widest range of tenants. Land area 344 sq m (more or less), building 1,580 sq m (more or less), lease parking for the tenants being located directly behind the building. The tenants are Stirling Sports as ground floor retail, the balance of the building is the Whanganui office of Te Wananga o Aotearoa. Total net rental is $147,000. Set among a wide range of businesses, Farmers Department Store, Spark, banks plus a strong selection of local and regional businesses. The tenants are both nationally recognised businesses, and have a commitment to the location. 68 Victoria Avenue is a particularly tidy and very well maintained investment property. For sale by Tender closing at Property Brokers Ltd, 51 Taupo Quay, Whanganui, 3.30 pm, Wednesday 16th of March 2022.
Chattels
68 Victoria Avenue, Whanganui Central, Whanganui
Web ID
WGC12126
Floor area
1,580m2
Land area
344m2
District rates
$15,486.57pa
Regional rates
$772.04pa
LV
$215,000
RV
$1,100,000
price TBC
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