26 Victoria Avenue, Whanganui Central, Whanganui

Buyers $2,000,000+
1,334m2
Land Area
795m2
Floor Area

+28

+27

Classic quality investment

Situated in the buzzing 'bridge block', this fully leased three income-stream investment property at 22-26 Victoria Avenue, Whanganui is offered for sale. Retaining many of the features of its former use as the Whanganui branch of the Bank of New Zealand, location, style and income are hallmarks of this heritage icon. A substantial, quality investment, renowned as a unique building, retro fitted, extended and earthquake strengthened to 66% NZS4203. Comprising two titles, land area 1,334 m2 (approx), building area 795 m2 (approx) including associated improvements. The restaurant ground floor main dining, conference room and mezzanine function room is complemented by the adjoining courtyard, accessed directly from the main dining room, with separate access from Victoria Avenue. The mezzanine is accessed via both stairs and service/disability access lift. The three tenants are Momiji restaurant and cafe, Moni Barber and a managed residential apartment. For sale, buyer enquiry over $2,000,000 plus GST (if any).

26 Victoria Avenue, Whanganui Central, Whanganui

Web ID

WGC197892

Floor area

795m2

Land area

1,334m2

District rates

$22,526.62pa

Regional rates

$1,233.25pa

LV

$740,000

RV

$1,750,000

Buyers $2,000,000+
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