Addington Christchurch City 8011
Addington, Christchurch City
Addington, Christchurch City
SOLD
Beat the Bank's Return!
Sensational opportunity to purchase an affordable investment with a long 5 year lease (plus rights of renewals) on a high profile north-east facing site in the favoured and sought after industrial area of Addington.
The building built circa 1988 has an NBS of 74% and consists of ground floor office of 46m2*, first floor office of 37m2*, low stud warehouse of 147m2* plus the main warehouse of 371m2*. Total building 601m2*.
Advantaged by being a standalone building sitting on its own freehold title (not a unit title) with a land area of 610m2.
Returning $60,000pa + GST + Outgoings with an annual rent review clause providing good built in growth. Hard to find investments in this price bracket with a long lease in place and in a top location.
An affordable investment! (* approx.)
Call sole agent Paula Raine 027 221 4997 for further information.
SOLD
The building built circa 1988 has an NBS of 74% and consists of ground floor office of 46m2*, first floor office of 37m2*, low stud warehouse of 147m2* plus the main warehouse of 371m2*. Total building 601m2*.
Advantaged by being a standalone building sitting on its own freehold title (not a unit title) with a land area of 610m2.
Returning $60,000pa + GST + Outgoings with an annual rent review clause providing good built in growth. Hard to find investments in this price bracket with a long lease in place and in a top location.
An affordable investment! (* approx.)
Call sole agent Paula Raine 027 221 4997 for further information.
SOLD
View Property
Property Features
Get in touch
