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Sockburn

8 and 8a Cable Street, Sockburn, Christchurch

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3,534sqm Floor area

By Negotiation

Substantial industrial investment property


• Astute investors should view
• Possible owner/occupier opportunity
• Large landholding with two separate tenancies

Large scale industrial investment property for the astute buyer. Great north facing position handy to all main arterial routes and close to the city centre. Over 4,700sqm site area with potential to subdivide into two separate investments. Works program to strengthen to 67% of NBS has been completed in 8 Cable St and is currently underway in the adjacent building at 8a Cable St. Completion is anticipated to be prior to settlement date. A new roof on 8 Cable Street and refurbished offices in both buildings are further benefits for the new owners and evidence of the vendors commitment to proactive maintenance. Separate access and on-site parking for each tenant. Assessed income of over $300,000 per annum with a possibility of vacant possession of 8 Cable St to suit an owner/occupier. Inspection is sure to impress.

Inspection is sure to impress. Don't delay, call now for details.

Copy and paste the following URL into your browser to check out the property files ttps://www.propertyfiles.co.nz/5514661

Murray Madgwick

Murray Madgwick


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

Features

Great


North facing position

Ideal location


handy to all main arterial routes and close to the city centre

Potential


to subdivide into two separate investments