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Sockburn

9 Watts Road, Sockburn, Christchurch

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1,088sqm Floor area

Auction

(unless sold prior)

Passive investment with renewed six year lease


- Returning $97,539pa plus GST and Outgoings
- Prime central Location
- 75% NBS
- 1,088 sqm floor area offering affordable rental levels, less than $100 per sqm!

Attention all new and seasoned investors! 9 Watts Road provides you with an affordable, and well-located industrial investment complete with a renewed six year lease to a well-established business trading in the booming building sector.
The property has had recent refurbishments, and presents very well for staff and clients alike. Highly committed to the property, the manufacturing tenant has had a long and successful tenure onsite and has committed to a further six years with renewal options.

Available for sale for the first time in 15 years - this property ticks all the boxes for investors who are searching for a solid hardworking industrial investment. Call the agents today for your IM, you will be glad you did!

For sale by Auction at 12pm, 2 December 2021 at 3 Deans Avenue, Christchurch.

Auction
(unless sold prior)

3 Deans Avenue, Chch

2

Dec

Time12pm
Calander
Calendar
Nick O'Styke

Nick O'Styke


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

Benji Andrews


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

Features

Floor area


1,088sqm

Leased investment


Returning $97,539pa + GST + outgoings

NBS


75%