38 Taupo Quay And 17 Drews Avenue, Whanganui Central, Whanganui
price TBC
639m2
1,085m2
Art gallery investment
38 Taupo Quay, Whanganui is the current temporary of the renowned Sarjeant Gallery Te Whare o Rehua Whanganui. The building, Sarjeant-on-the-Quay, was constructed in the early 1900s and has been strengthened to 67% NBS in 2013, at which time extensive changes to the layout were designed to suit the requirements of the Sarjeant Gallery. These improvements are inclusive of specialised features for the exhibition and storage of art works plus administrative office facilities on the top floor, access via stairs. A cargo only lift is at the rear for movement of artworks to the top floor. There are two separate entrances street-front to Taupo Quay. The requirements of a complex with such detailed specifications particular to the care and exhibition of art works, give this building and its interconnected but separately titled 17 Drews Avenue property, high significance in quality of structure, building professionalism and fitout. The floor area of the building is 1,085 sq m (more or less), and land area is 639 sq m (more or less), including a service vehicle parking area at the rear. A detailed IM is available on request for parties seeking to invest here, and also the adjoining 17 Drews Avenue property. Net rental per annum $158,918 + GST.
Chattels
38 Taupo Quay And 17 Drews Avenue, Whanganui Central, Whanganui
Web ID
WGC95482
Floor area
1,085m2
Land area
639m2
District rates
$3,385.47 pa
Regional rates
$801.60 pa
LV
$170,000
RV
$1,150,000