6/987 Ferry Road,
Double Tenants Low Risk Investment
Auction (unless sold prior)
10am, Thursday 12th March 2020
471 Papanui Road, Papanui, Christchurch 8053
- Two established, quality tenants spreads investment risk
- Ten-year lease with Dubba Deluxe and six-year with Bayleys, both with further renewals
- 100% New Building Standard
- $122,796.98 net per annum plus GST (Rental review is coming soon)
- 281.45sqm with seven ancillary unit title carparks.
Constructed in 2016 the 987 Centre accommodates ASB, ANZ, House of Travel, Flight Centre, Saunders & Co Solicitors and Pita Pit among others. Occupying Unit 6, Bayleys now have ten offices across Canterbury. Dubba Deluxe is a Moroccan restaurant, established by experienced hospitality operators, offering modern cuisine packed with flavour, freshness and fusion. An excellent low risk investment.
The auction date is set for March 12th, with the motivated vendors open to pre-auction offers as well. Be quick to register your interest by giving us a call