High yielding investment with large land holding


169 Courtenay Drive, Kaiapoi

Offers/Enquiries Over NZD $1,250,000 + GST (if any)

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High yielding investment with large land holding | 169 Courtenay Drive, Kaiapoi | 5514995 |      X Close
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High yielding investment with large land holding


Freehold title comprising 3590 sqm

Returning approximately $93,900 pa plus GST and outgoings

Possibility to develop further (15% site coverage)

This striking and modern property is tenanted by two well-established companies, and has ample room for further development.

Accessed by three points of entry, the versatile yard & building offers the present tenants generous and secure space to store plant and equipment, quality office accommodation split into two separate spaces, and a drive through warehouse.

Situated in a fast growing location, the property is minutes from State Highway One and only 20 minutes into Central Christchurch.

Seldom does a property with multiple tenants in this affordable price range hit the market - so please call the sole agents for your inspection today - you will be glad you did.

Offers invited over $1,250,000 plus GST (if any)

169 Courtenay Drive, Kaiapoi

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