Sitting in a prime location on the Whanganui River, this property presents an unrivalled opportunity for future development. The expansive 3,938sqm (more or less) land holding and strategic location lends itself perfectly for an upmarket residential development or a thriving hub for light industrial enterprises seeking to expand their footprint. Savvy developers will seize the chance to create a modern residential development which is in close proximity to town, cafes, and the Aramoho shopping and medical centre all with the added benefit of having the river walkway directly across the road.
This property is also strategically positioned on a main arterial route, providing seamless access for the distribution and receiving of goods for a light industrial business looking to take advantage of the existing use rights.
Currently of mixed zoning (residential and light industrial), the offering comprises a bright and airy well-maintained four-bedroom villa along with a commercial showroom/office and staff facilities with covered parking for clients. The remainder of the property features a large modern workshop along with a variety of mixed-use sheds for storage plus and ample yard space.
Situated at the crossroads of convenience, this property is more than a piece of real estate; it's a strategic investment. Enjoy easy access to major transportation routes, making it a prime location for businesses with an eye on efficiency and growth.
Visionaries seeking to create wealth through transformative projects, this is your canvas on which to create your masterpiece. Don't miss the chance to help shape the future of Whanganui's riverfront. This property is your key to unlocking endless possibilities.
Tender closing 2pm, Friday 1 December 2023 (will not be sold prior) at Bayleys Whanganui, 158 Wicksteed Terrace, Whanganui
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