An icon on the corner of Victoria Avenue and Ridgway Streets, Whanganui, a Category B Heritage, 2 storey building on a freehold title of 2,023 m2 (more or less). A significant slice of real estate in Whanganui's main business centre. Long renowned for its hospitality business, the Rutland Arms Inn on Ridgway Street offers accommodation in the grand style of yesteryear, accompanied by a substantial, acclaimed restaurant, bar and relaxing social areas. Definitely impressive!
Combine the Rutland Arms Inn with the equally significant Victoria Avenue frontage, tenanted by a range of businesses and offices, the allure of the location is obvious. With a rental of $250,717 plus GST, Net, consider this an asset to be prized. The tenants include the corner, old world style, modern cuts barber shop, office, retail and travel, beauty and health businesses. The upper floor includes mixed office tenancies. This very versatile mix of tenancies, ranging from hospitality through to retail and service businesses, make The Rutland an attractive investment.
