93 Ingestre Street, Whanganui City, Whanganui

Iconic dual-tenanted investment - secure income

For sale by Deadline closing 2pm, Thu 25 Sept 2025 (unless sold prior)

This high-profile commercial property offers a rare opportunity to secure a proven investment with established tenants and strong fundamentals.

The Ministry of Education occupies the main tenancy, with a purpose-configured layout that includes multiple office spaces, a staff break room, and a secondary kitchenette. The space is access-friendly, complete with a ramp and lift, and includes 16 secure, swipe-access car parks.

Corys Electrical anchors the second tenancy under a net lease, featuring a functional combination of showroom and workshop space with roller door access and 20 dedicated customer car parks in a lockable yard.

Further boosting the income potential are seven dry, secure basement storage units - perfect for additional rental revenue.

The building has been re-roofed in 2021 with Colorsteel and boasts a seismic rating of over 75% NBS, ensuring peace of mind and long-term structural integrity.

Well-located and easily accessible, this property is a solid investment opportunity backed by long-term occupants and practical infrastructure. Contact us today for more information.