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

Whanganui

101-105 Victoria Avenue, Whanganui, Whanganui

Watchlist
Share
Slide 1 of 11
1 OF 11
3052592_1.jpg
3052592_2.jpg
3052592_1.jpg
3052592_2.jpg
3052592_1.jpg
3052592_2.jpg
901sqm Floor area
1,531sqm Land area SQM

Asking Price NZ$6,000,000 + GST

 (if any)

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

Karl Cameron

Karl Cameron

Commercial Sales

Mid West Realty Ltd, Bayleys,
Licensed under the REA Act 2008
John Bartley

John Bartley

Commercial, Industrial and Business Sales and Leasing

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

Angus Findlay

Commercial and Industrial Sales and Leasing

Mid West Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

A-grade


NBS of 100%

Location


Located on the very best site of Whanganui's main street

Parking


Generous customer parking

Anchor tenants


Outstanding tenant covenants

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.