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Phillipstown

519 Moorhouse Avenue, Phillipstown, Christchurch

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200sqm Floor area
5,316sqm Land area SQM

For Sale by Negotiation

Investment - 10 Year Lease


For Sale

Nigel Thompson Motor company is right in the heart of a very popular car sales area and has traded successfully from this property for several years.
Multiple street frontages on busy roads give the property huge profile plus exposure to high passing-traffic volumes.
Sought after position with three street frontages
Total land area of 5,316sqm in three titles
Offices, showroom and workshop totalling approximately 200sqm
Ten year lease to commence at settlement date
2% annual growth built into lease plus to market at renewal dates

Stewart White

Stewart White


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Nick O'Styke

Nick O'Styke


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

Chris Frank


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

Features

Building area


approximately 200sqm

Land area


totalling 5,316sqm in three titles

Sought after


position with three street frontages