Whanganui Central
59 Victoria Avenue, Whanganui Central
ID WGC114925
From $520,000 + GST (if any)
City centre art-deco
For sale, two income streams, one title, pure central retail on the sunny side of Victoria Avenue, a great location to purchase. Tenanted by Wisdom Is Yours alongside KILT, total rental is $40,500 net per annum. A Heritage building, 1895 construction, with an eye-catching Art Deco style facade, previously known as Dustins, has been modernised downstairs, with the upper floor rooms still in the original style. 59 Victoria Avenue has a concrete slab ground floor, the individual shops have rear storage and office spaces, separate upper floor storage and a common area courtyard. Floor area 426 m2, section 248 m2 (approx).
Often admired, the ground floor retail area features a mixed modern industrial style. Unique exposed trusses are integral in an earthquake strengthening process ...