Industrial investment with new four year lease


47 Shakespeare Road, Waltham

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Industrial investment with new four year lease | 47 Shakespeare Road, Waltham | 5515394 |      X Close
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Industrial investment with new four year lease


**Sold under hammer**

β€’New four year lease returning $35,000pa + GST and outgoings

β€’Prime opportunity for an entry level investment

β€’Great location on the busy Shakespeare Road

47 Shakespeare Road presents an opportunity for a purchaser looking for a potential long-term hold with the final expiry of the lease being 7 May 2033. The property comprises of 265.41sqm of workshop area, 79.37sqm of office/showroom area and 112.70sqm of storage/mezzanine area complemented by six car parks. The tenant Car Parts Canterbury is in the mechanical trade and has been in business since 2017.

Shakespeare Road is located in the suburb of Waltham, a popular area that has enjoyed a recent resurgence due to its location close to the revitalised city centre. It is a busy road that connects to the Brougham Street expressway, a crucial link to and from Lyttelton Port and the Southern Motorway.

Call the sole agents for more information or to arrange a viewing.

Alex White

Christchurch

Licensed under the REA Act 2008

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Stewart White

Christchurch

Licensed under the REA Act 2008

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47 Shakespeare Road, Waltham

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Alex White

Christchurch

Licensed under the REA Act 2008

View profile

Stewart White

Christchurch

Licensed under the REA Act 2008

View profile