Unit 1/40 Stewart Street, Christchurch Central, Christchurch

Looking for a Healthy and Secure Investment Option

* $210,513.50 annual rental
* Two medical tenants
* Five year lease terms
* Excellent location - just a short walk to the main hospital
* Eleven car parks - four car parks on title and seven leased

In recent times there have been very few investments in the Christchurch market that tick so many boxes.

Unit 1, 40 Stewart Street is a quality and meaningful investment in so many aspects. The unit title consists of the ground and 1st floor of the Don Beaven Medical Research Centre along with covered car parks. Constructed in 2009 it is a modern well designed building in a great location with excellent tenants and lease terms. And as the Health Precinct develops, more and more medical specialists will relocate closer to the hospital, underwriting high levels of occupancy into the future.

In addition, in approximately 5 years the planned Metro Sports Centre will be completed right alongside 40 Stewart Street. This will provide another set of prospective tenants, potentially in sports medicine or other sports related activities.

If you are in the market to buy a solid rental income stream from a multi tenanted investment requiring low levels or maintenance or management time, call us today.