Hornby
48-50 Waterloo Road, Hornby, Christchurch
Asking Price NZ$5,300,000 + GST
Ā (if any)
Priced to sell - 7.9% yield
ā¢Freehold title comprising 7,564sqm of land in a premier industrial location
ā¢Strong lease covenant to a well-established business returning $418,000pa + GST and outgoings
ā¢95% NBS
ā¢10 year lease (commenced 1 January 2015), with a 10 year right of renewal
48-50 Waterloo Road is home to Hally Labels, a well-regarded Trans-Tasman business which has been trading successfully at this location since 1985.
The property is assessed at 95% NBS, allowing you the opportunity to secure a very well built and robust industrial investment on one of Christchurch's best industrial roads.
Astute investors will recognise that land and buildings on Waterloo Road seldom come available for genuine sale and are encouraged to act today.
Get in contact with the sole agents for further information - you will be glad you did!
Nick O'Styke
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
