Secure 25 Year Lease To Farmers

85-97, Victoria Avenue & 74-96 St Hill Street, City Centre, Palmerston North

Price On Application

Proposed Usage
Office
Floor Area
6680.00 m²
Land Area
7530.00 m²
Description:
Property ID
1bztbvk



This high profile site comprises of a stand-alone two level Farmers department store with a phenomenal 25 year lease to Farmers which commenced in February 2015. Recently built in 2015, this modern Farmers premises has a combined area of approximately 5,660.5m² over ground and first floor.

In addition, the development has approximately 1,170m² of specialty retail space fronting Victoria Avenue - the prime retailing strip within the Whanganui CBD. 185m² has been leased to Cactus Creme and the remaining area provides the vendor flexibility to lease the vacancy in a variety of configurations.

This site occupies approximately 7,530m² of Whanganui CBD land with triple street frontages. This prime retail location on Victoria Avenue is situated on the Maria Place intersection - providing easy access to other major retailers.

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City Centre Area