Secure 25 Year Lease To Farmers
85-97, Victoria Avenue & 74-96 St Hill Street, City Centre, Palmerston North
Price On Application
- Proposed Usage
- Floor Area
- 6680.00 m²
- Land Area
- 7530.00 m²
- Property ID
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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.