Riccarton office investment - three tenants
• Annual net rental circa $123,987plus GST and outgoings
• 1,349sqm (more or less) freehold land area
• Net lettable area of 843sqm (approx.)
• Three tenants
A well-presented multi-tenanted office investment in one of Christchurch's most sought-after commercial precincts, offered to the market with genuine upside potential for the astute investor.
Anchored by three established tenants across 843sqm of net lettable area and sitting on a freehold 1,349sqm landholding, this is the kind of asset that ticks all the boxes — diversified income, a commanding Riccarton address, and room to grow the return.
Riccarton continues to outperform as a commercial office location, benefiting from proximity to Christchurch CBD, Westfield Riccarton, and strong arterial connectivity across the city. Income risk is spread — and with rents assessed against current market levels, the opportunity to enhance yield through active lease management is clear.
For further information, contact the sole agents today.
• 1,349sqm (more or less) freehold land area
• Net lettable area of 843sqm (approx.)
• Three tenants
A well-presented multi-tenanted office investment in one of Christchurch's most sought-after commercial precincts, offered to the market with genuine upside potential for the astute investor.
Anchored by three established tenants across 843sqm of net lettable area and sitting on a freehold 1,349sqm landholding, this is the kind of asset that ticks all the boxes — diversified income, a commanding Riccarton address, and room to grow the return.
Riccarton continues to outperform as a commercial office location, benefiting from proximity to Christchurch CBD, Westfield Riccarton, and strong arterial connectivity across the city. Income risk is spread — and with rents assessed against current market levels, the opportunity to enhance yield through active lease management is clear.
For further information, contact the sole agents today.
Key features
Passing income
Annual net rental of $123,987pa plus GST and outgoings
Land area breakdown
1,349sqm (more or less) fee simple site
Floor area details
843sqm (approximately) net lettable area
