101-105 Victoria Avenue, Whanganui, Whanganui

Quality tenants - outstanding location

This iconic property is renowned as the best retail investment in Whanganui City. Constructed in 2009, with an NBS of 100%, this property presents superb quality with two first-class tenants. Leased to Arawata Assets Limited (ANZ) and Whitcoulls 2011 Limited since the construction completion date, this property has an outstanding tenant history, and the second-to-none location offers unrivalled exposure. It doesn't get better than this.

With generous parking at the rear, the property includes 22 car parks, ten allocated to ANZ and the remaining not allocated. The $418,577.50 + GST net annual income provides enormous cashflow. This easy-care property requires little management, and with a WALT of 4.3 years, it certainly demands the attention of those seeking a quality investment.

Information Source: REINZ