Addington Christchurch City 8011
Addington, Christchurch City
$1,450,000 + GST (if any)

Investment and/or Own & Occupy with Income

Partially leased, smart, modern 2 level office building, benefitting from a sunny northerly aspect as well as an outlook over Addington Raceway at the rear.

The building consists of ground floor offices of 314.83m2* which is leased and returning $61,335pa + GST + outgoings. The first floor offices of 318.18m2* is currently vacant which provides an opportunity for a buyer to either occupy the floor or lease it out as a fully leased investment. Total building area 633.01m2*.

Well located close to Blenheim Road in a popular business park "Workstation 55", which is handy to Tower Junction, Westfields Riccarton Mall, Show Place Business Park and Addington Raceway. The complex offers good onsite amenities for staff convenience including a licensed cafe and a childcare centre.

The ground floor tenant occupies 6 car parks and 5 car parks are available for the first floor, with additional parking possibly available for lease nearby.

The building has been strengthened to 95% NBS.

This is a fantastic opportunity for you to buy your own premises and have another Tenant help pay off your mortgage as well as providing you the possible option in the future, to expand your business further into the ground floor premises, when the Tenant's lease expires.
(* approx.)

Call sole agent Paula Raine 027 221 4997 for an Information Pack and to arrange your viewing.

Sale: $1,450,000 + GST (if any)

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Property Features

Property ID: CCM31240
Building: 633m2
Listed By:Raine Blackadder Ltd - MREINZ Licensed (REAA 2008)
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Paula Raine, Licensee Salesperson at RWC Christchurch