12 Sarjeant Street, Gonville, Whanganui

Generous proportions and a flexible layout combine to create a property that can comfortably accommodate a wide range of uses, from large gatherings and events to structured commercial or community operations. Held in freehold title, this well-located property comprises approximately 360 m2 of floor area situated on a generous 1,121 m2 (approx) site, offering a substantial building footprint with excellent on-site functionality. The expansive land component provides ample off-street parking, comfortably accommodating both staff and visitor requirements which is a valuable attribute for event-based, hospitality, or community-focused operations. Internally, the building is well configured and highly adaptable, featuring: • Two large entertainment or gathering rooms • Three dedicated offices • Multiple storage areas • A commercial-sized kitchen • Well-appointed male and female amenities The flexible layout lends itself to a wide range of potential uses, including community functions, hospitality ventures, sports-related activities, training facilities, or general commercial occupancy. A key advantage of the property is its position within one of Whanganui's recognised sporting precincts. It adjoins Spriggens Park and sits beside Hatrick Raceway (contact the salesperson for further details), placing it in immediate proximity to major sports and event facilities. Overall, this is a well-presented and adaptable freehold asset, strengthened by its landholding, functional improvements, and strategic location.

By Negotiation

Centrally located, zoned commercial and in an emerging vibrant retail area of town! This is an opportunity to secure your own accommodation, with the added bonus of either a passive income or to run your own business in the shop below. The retail area of approximately 174 m2 (approx) is an open space, with great street presence. The property boasts a variety of neighbours from the arts, retail furniture and hairdresser to name a few. The Apartment comes with secure internal access garaging. This is an opportunity to get in to an area of town with exciting new design ideas, being proposed for Guyton Street as part of the Streets for People initiative.

Tender

The property represents an exceptional proposition to add to or start your commercial investment portfolio, 600 m2 (approx) of building with 50% warehouse and 50% showroom and office space. A top-quality updated office and showroom area brings the property up to the modern look and feel, add fifteen plus carparks and what a find. On offer is a sitting tenant, on a three-year lease term with two rights of renewal of one year each, which gives you the investor a good income and secure future. Lease per annum $75,000 + GST + OPEX with an expected 6% return on investment.

By Negotiation