Multi-tenancy investment

236, Victoria Avenue, City Centre, Wanganui

By Negotiation

Proposed Usage
Office
Floor Area
1630.00 m²
Land Area
1624.00 m²
Description:
Property ID
1c5v3pb

A 2 storey office complex constructed in the 1980s, this modern design building is 97% NBS and stands out as a beacon in Victoria Avenue. Fully tenanted, the distinctive facade hides the activity of 7 tenants in the 11 suites with approximately 56 offices and amenities rooms, multiple entry points, a central lift and 21 car parks adjacent. Floor area 1,630 sq m (more or less), section 1,624 sq m (more or less) located in the upper Victoria Avenue, Whanganui`s premier business street. Net rental is $120,000 per year, a solid income stream from a mix of professional tenants. Whanganui is a steady investment region, with a constantly growing economic base. Investment for sale by negotiation.


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City Centre Area