35Q Riccarton Road, Riccarton, Christchurch

Affordable investment

SOLD UNDER THE HAMMER

Available for sale is this first-floor unit that sits in a popular business park on Riccarton Road. It currently has a long term lease in place at $1,125 per month, till May 2023 with the original commencement date of 2010 so very strong and stable tenant. Featuring one car park.

The 45sqm unit is currently leased by a hairdresser who is very happy to stay on. The opportunity here is to secure this property and take the future gains from the earthquake works that have now been settled with the insurance company by the body corporate and the plan is for the building to be fully repaired.

The vendor is motivated to sell and pass on the upside in this property to the next investors. Get in touch to find out how this unit can be of value to you.