Positioned within Whanganui's established trade and light-industrial precinct, this freehold property presents an outstanding opportunity for investors, tradespeople and owner-occupiers planning for the future.
The property comprises a substantial approximately 340sqm workshop building on a 612sqm (more or less) freehold site, offering a practical and versatile industrial asset in a sought-after city fringe location. Currently occupied by longstanding tenant AMT Auto Electrical, the property provides immediate holding income with a lease in place through to March 2028.
Returning a net rental of $35,740 + GST per annum from 1 April 2026, increasing to $36,680 + GST from 1 April 2027, with outgoings recoverable from the tenant, the property offers solid income while allowing future owners time to plan their next move.
The building features a high-stud workshop, complemented by office and staff amenities, generous workspace and a sealed yard area. Its functional layout and strategic location make it well suited to a wide range of trade, automotive, engineering or light-industrial uses.
Whether you're an investor seeking a well-located industrial holding, or a tradesperson wanting to secure premises now with income in place until occupation becomes available, opportunities such as this are increasingly difficult to find.
Secure the property today, enjoy the income stream, and position yourself for the future.
For Sale by Tender 2pm, Thu 3 Dec 2026 (will not be sold prior). Bayleys, 158 Wicksteed Street, Whanganui
