45C Parkhouse Road, Wigram, Christchurch

Parkhouse term deposit

If you thought an industrial investment in Wigram was out of your reach, think again. By Wigram standards, this is an affordable investment and has just about everything for the box-tickers out there.

Wigram is a hugely popular industrial suburb and this unit is located front-of-house on Parkhouse Road. An excellent street profile and ample car parking underpin the real value of the property for the automotive service and repair tenant. The high stud along with dual access onto Jipcho and Parkhouse Roads adds considerably to the possible range of future uses for this property.

With those boxes ticked, you can have confidence this property will be solidly tenanted year after year.

Net annual rent: $55,000
Floor area: 346sqm
Lease: Three years plus right of renewal and fixed rental growth

Investment opportunities like this are rare. Call today to learn more.

For Property Files, copy and paste the following link: https://www.propertyfiles.co.nz/5522630

For Sale by Auction: 12pm, Thursday,14 December 2023 (unless sold prior)