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Whanganui City

69A Taupo Quay, Whanganui City, Whanganui

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181sqm Floor area

Auction

(unless sold prior)

Entry level commercial investment


If your'e looking for a passive income then you can't look past this property. A new tenant has started from 1st March 2020 for a three year term with two further right of renewal of three years each. The site has had a recent fit-out and the building is 69% NBS. The property is available for purchase with a return of circa 8% and is a nice tidy office investment with a great body corporation in place.

Whether you are adding to your current portfolio or looking to enter the commercial investment space this property is one to view.


Call your Bayleys team for more information.

Auction
(unless sold prior)

158 Wicksteed Street, Whanganui

23

Oct

Time2pm
Calander
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Russell Duggan

Russell Duggan


Bartley Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Jordan Davis

Jordan Davis


Bartley Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008

Features

NBS rating


The building has a 69% NBS rating

Refurbished


Redecorated with new heating and cooling and finished to quality

Tenanted investment


The site is tenanted from March 1st 2020 on a three year term with further rights of renewal