Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Whanganui City

45 Wilson Street, Whanganui City, Whanganui

Watchlist
Share
Sold
Slide 1 of 5
1 OF 5
3000790_1.jpg
3000790_2.jpg
3000790_1.jpg
3000790_2.jpg
3000790_1.jpg
3000790_2.jpg
2,039sqm Land area SQM
736sqm Floor area

Asking Price NZ$1,300,000 + GST

 (if any)

Tenanted commercial building to government


The opportunity here is real to own this prominent site in Wilson street, currently tenanted by ACC with a solid return of $105,000 + GST per annum, if your looking for returns between 7.5% and 8.5% then this is one to not look past.

The potential also in the future to develop further is another key factor about this property.

Current building is 736 sqm on a 2039 sqm section, this meets all requirements with the building built in the 1980's the NBS rating is above requirements

For a full comprehensive information memorandum contact Bayleys Whanganui.

Russell Duggan

Russell Duggan


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

Features

Corner site 2039 sqm


Prime location for future development

Investment


Very few opportunities to purchase sites like this in Whanganui

Quality tenant


The property has been leased by ACC for 20 plus years