Future growth investment or development


90 - 92 Puriri Street, Castlecliff

Tender

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Future growth investment or development | 90 - 92 Puriri Street, Castlecliff | 3001895 |      X Close
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Future growth investment or development


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.

Jordan Davis

Whanganui

Licensed under the REA Act 2008

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90 - 92 Puriri Street, Castlecliff

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Jordan Davis

Whanganui

Licensed under the REA Act 2008

View profile