1,193sqm
floor area
3,582sqm
land area
|
2:00PM |
158 Wicksteed Street, Whanganui
Development | The large suburban landholding has strong development potential given its commercial zoning and location in a growing suburb. |
Fully tenanted | The property sits fully-tenanted and has strong rental reversion opportunities for the avid investor. |
Future growth | Given the steady population increases across the region and subdivision activity in the neighbouring suburbs, this large landholding and investment could prove to show strong future-growth. |
To be sold by Tender, all offers must be received by 2:00pm, Wednesday 20 July, 2022
This exceptionally positioned property sits in the heart of the Gonville suburb and presents itself as an opportunity for the avid investor or developer. Sitting on a large commercially zoned landholding of 3,582sqm (more or less), this fully tenanted property houses a diverse range of tenants including Big Barrel, Jess' Mini Supermarket and The Washouse Laundromat.
The corner site has 1,193sqm (more or less) in floor area split across the three tenancies, all of whom enjoy great street frontage and on-site customer car parking across the circa 40 freestanding car parks. Rear access for deliveries, storage and tenant parking is available off Bennett Street with a secure, sealed yard.
Gonville and the surrounding suburbs have seen an increase in subdivisions, housing development and overall population increases and Gonville sits as the second largest suburb (number of residential properties) in Whanganui. Rarely do large, commercially zoned opportunities present themselves to market in the suburbs of Whanganui, least of all at a time that's advantageous or with strong future growth and rental reversion opportunities.
Licensed under the REA Act 2008
Mobile: +64 27 882 0421 |
Office: +64 6 348 0573 |
[email protected] |
1,193sqm
floor area
3,582sqm
land area
|
2:00PM |
158 Wicksteed Street, Whanganui
Development | The large suburban landholding has strong development potential given its commercial zoning and location in a growing suburb. |
Fully tenanted | The property sits fully-tenanted and has strong rental reversion opportunities for the avid investor. |
Future growth | Given the steady population increases across the region and subdivision activity in the neighbouring suburbs, this large landholding and investment could prove to show strong future-growth. |
90 - 92 Puriri Street, Castlecliff
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 882 0421 |
Office: +64 6 348 0573 |
[email protected] |
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