2-12 Main North Rd, Papanui
Christchurch City

Listed 4 months ago
Agency Listing Number: 559054
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Property Details

Christchurch City
Canterbury Area

Built In
Approx 1575 m²
(16947 sq.ft.)
Approx 3,089 m²
(0.76 Acres, 0.31 Ha)

Retail - Multi-Tenanted Papanui Investment

For Sale - Price by Negotiation

- Multi-tenanted with some National tenants
- Generous rear car parking
- High traffic, high profile location
- Currently returning $429,277.43 + GST
- Two freehold titles

This property presents an excellent opportunity to secure a multi-tenanted retail/commercial investment located within one block of Northlands Shopping Centre.

Currently occupied by nine quality tenants including Southland Building Society, Bay Audiology, Artworks, Snap Fitness, La Bella Limited, Hoopers Vapour Limited, Crystal People, Small Business Accounting and David Ward Chartered Accounting Limited. A number of the tenants are long standing and the multi-tenanted nature of this asset provides an attractive risk diversification.

This Main North Road location provides this property with huge exposure to one of Christchurch's busiest arterial roads. The surrounding area includes a mix of bulk retail outlets, a diverse range of food outlets, Northlands Shopping Malls, Hoyts and National Supermarkets.

Here on offer is a great opportunity to secure a well-managed, diversified commercial investment on one of Christchurch's busiest highways.

Please contact George Phillips or Terry Connolly for more information or to arrange a viewing.

To download the information pack copy and paste the below link into a new browser: http://propertyinvestmentchristchurch.co.nz/559054

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Sales Consultants

Terry Connolly

Licensed Real Estate Salesperson (REAA 2008)
Member of the REINZ
Phone: +64 3 375 4700
Mobile: 027 434 3006
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George Phillips

Bayleys Whalan & Partners Ltd
Licensed Real Estate Salesperson (REAA 2008)
Member of the REINZ
Phone: 03 375 4700
Mobile: 021 163 3838
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021 109 2595
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