455 Blenheim Road, Middleton, Christchurch

Retail and Warehouse Properties - High Profile ...

DEADLINE PRIVATE TREATY - 1PM, THURS 15 OCT, 2015 (UNLESS SOLD PRIOR)

Exceptional Blenheim Road Retail and Warehouse Opportunity

* Target Furniture Showroom Building - 2,814sqm retail building on prominent 5,197sqm corner site
* Parkland Products building - 1,513sqm retail/warehouse building on 3,991sqm site with dual access from both Blenheim Road and Cable Street

Either of these prime retail showroom/warehouse properties can be purchased individually, or alternatively there is an opportunity to purchase the four buildings on four titles which make up this exceptional 2.1 hectare site.

TARGET FURNITURE

The Target Furniture retail showroom is situated on one of the busiest intersections in Christchurch.

The building is 2,814sqm on a 5,197sqm corner site with its own separate title being finalised at time of writing. It is occupied by Target Furniture SI Ltd who have occupied this site since 2001.

A recent extension to the building was designed by award winning architects, Sheppard and Rout and incorporates a 3800mm suspended ceiling and floor to ceiling windows facing out onto Blenheim Road, Curletts Road and the car park.

* Sealed Car Parking for up to 58 vehicles
* New 8 year lease to Target SI Ltd who have occupied the site since 2001
* Leased to a long term national tenant
* Target Net Rental: $652,840p.a.+ GST

PARKLAND PRODUCTS

The Parkland Products building is 1,513sqm made up of retail/wholesale showroom and warehouse space. Well positioned on a 3,991sqm site, Parkland Products occupy the premises and have invested a considerable amount of money into additional offices, amenities and other facilities to suit their needs. This Auckland based company have been selling mowing, irrigation and grounds maintenance products since 1988.

* Sealed Car Parking for up to 23 vehicles
* Dual access via both Blenheim Road and Cable Street
* Leased to a long term national tenant
* Parkland Products Net Rental: $181,184p.a+GST

For further details view: 550751