Tenanted central city investment

39-41, Drews Avenue, City Centre, Wanganui

By Negotiation

Proposed Usage
Office
Floor Area
459.00 m²
Land Area
561.00 m²
Description:
Property ID
1c39lw2

This fully tenanted investment property is located in the Old Town area, zoned Arts and Commerce and only one block from Victoria Avenue, Whanganui. A two storey, well maintained building with 34% NBS and 8 on site car parks. Nearby to the i-Site, the Whanganui River, education facilities, arts, dining and entertainment and professional businesses. The section is 561 sq m, building total floor area of 459 sq m (more or less) being 255 sq m ground floor with 5 main offices, reception, kitchen, amenities and 204 sq m first floor including 7 offices, board room, kitchen and amenities. The rental is $50,000 net, term 10 years with an additional 3 terms of 3 years.

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City Centre Area