Hornby
Christchurch City

ID#423987
Listed 11 months ago
Agency Listing Number: 557347
Deadline Private Treaty
SOLD
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Property Details

Location:
Christchurch City
Canterbury Area

Building
Land
Built In
N/A N/A

A+ Quality Industrial Investment

For Sale by Deadline Private Treaty (unless sold prior)

4.00pm, 28 June 2018

3 Deans Avenue, Christchurch

36-38 Waterloo Road is home to a well-regarded global business that has been trading successfully at this exceptional industrial location for a significant period of time. The lease has been recently renewed for the next three years, allowing you the opportunity to secure a very healthy income stream.

The 70% NBS property is surrounded by quality businesses and is in close proximity to State Highway One and Blenheim Road, with excellent car and truck access/egress.

Astute investors will recognise that land and buildings on Waterloo Road seldom come available for genuine sale. This is the first time this property has come to the market for over 20 years.

-Two titles comprising 7,082sqm of land in a premier industrial location

-Opportunity to add future value - improvements site coverage is approximately 29%

-Renewed lease returning $280,000pa plus GST and outgoings

Contact Nick today for further information - you will be glad you did!

Sales Consultants

Nick O'Styke


Bayleys Whalan & Partners
Licensed Real Estate Salesperson (REAA 2008)
Member of the REINZ
Phone: 03 375 4700 Ext 832
Mobile: 027 696 9801
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021 109 2595
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