Positioned in the heart of Whanganui’s main commercial precinct, 157–161 Victoria Avenue presents a compelling multi-tenanted investment opportunity. The property is anchored by four established tenants in total, one being an international hospitality brand, Subway, with another two tenants being regionally established brands and a lease with the Whanganui District Council.

The asset offers a diversified income stream supported by well-structured lease agreements, incorporating a mixture of rent review mechanisms designed to deliver both stability and future rental growth. With a 75% NBS rating, investors can take confidence in the building’s structural integrity alongside its long-term performance potential.

This is a rare opportunity to secure a high-profile CBD investment with strong underlying fundamentals, reliable cash flow, and built-in upside.

For sale by deadline private treaty closing 3pm, Wed 20 May 2026 (will not be sold prior).