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Sockburn

29 Watts Road, Sockburn, Christchurch

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2,037sqm Floor area

Auction

(unless sold prior)

Prime Location with Dual Income Stream


Auction (unless sold prior)
12pm, 20th April 2018
3 Deans Avenue, Christchurch

- Excellent central location
- Returning $198,029.92pa plus GST and outgoings
- Strong lease covenants - with a desirable WALT

29 Watts Road is home to two well established and regarded businesses, both of whom have a lengthy history of operating successfully on this site.

The leases have been renewed recently, and the two properties have been recently strengthened to 67% NBS.

The generous freehold title comprises 3892sqm of land within a sought after location, allowing access to either Blenheim Road or Main South Road. The net lettable area comprises over 2000sqm, complete with 28 off street car parks.

Watt are you waiting for? Call Nick for your IM today - this property offers you a fantastic long term income stream with rental growth potential.

Auction
(unless sold prior)

3 Deans Ave, Chch

20

Apr

Time12pm
Calander
Calendar
Nick O'Styke

Nick O'Styke


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Car parks


28 off-street

Excellent location


Sockburn

Two tenants


with strong lease covenants