A fully leased three income-stream investment property at 22-26 Victoria Avenue, Whanganui, is offered for sale. Retaining the features of its former use as the Whanganui branch of the Bank of New Zealand, location, style and income are hallmarks of this heritage icon. A substantial, quality investment, renowned as a unique building, retro fitted, extended and earthquake strengthened to 66% NZS4203.

Comprising two titles, land area 1,334 m2 (approx), building area 795 m2 (approx) including associated improvements. The restaurant ground floor main dining, conference room and mezzanine function room is complemented by the adjoining courtyard, accessed from both the main building and Victoria Avenue. The mezzanine has both stairs and service/disability access lift.

Rental income $154,000 Net. The three tenants are Momiji restaurant and cafe, Moni Barber and a managed residential apartment. For sale, $1,890,000 plus GST (if any).