Wanganui Central - Iconic tenanted investment

Description

Standing proudly on the corner of Maria Place and St Hill Street is this majestic and iconic commercial building. This Heritage building is located opposite the main entrance to the Cooks Gardens multi-sport facility with a short walk to the Whanganui Opera House and Victoria Avenue. Two floors, with the ground housing the main kitchen and food storage and prep areas, connected via a dumb waiter to the top floor. A well-designed hospitality venue and location. Continuing the tradition of the site as a restaurant of significance, the new tenant is upgrading the complete interior. Commencement of works will be evident upon inspection and the prudent buyer will note the opportunity which exists with the long term lease, which is $24,000 plus GST plus Outgoings, expiry date 2042. For sale by Deadline Private Treaty closing at 12.00pm, Tuesday 7 May 2024 (unless sold prior).