96 Gasson Street, Sydenham, Christchurch

Fully Leased Investment

For Sale

* 1,738sqm land area
* High profile corner location
* Two tenancies returning $168,752 plus GST per annum
* Tenants pay all outgoings
* 80% NBS once minor roof bracing works completed
* Six car parks

A solid 1980's building comprising warehouse/manufacturing and office with a total lettable area of 1,747sqm.

The building has been divided into two tenancies with a new lease of five years just completed for the space previously tenanted to SB Signs. The balance of the building has been occupied by Screen Sign Arts for many years and with technology improvements they could operate in a reduced space. This provides an opportunity to reconfigure their area for a third tenant and potential rental upside. Screen Sign Arts would also consider relocating allowing an investor or owner/occupier further possibilities.

For more information on this investment please contact the agents.