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Sockburn

32 and 34 Watts Road, Sockburn, Christchurch

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1,932sqm Land area SQM
1,152sqm Floor area

Auction

(unless sold prior)

Prime position with long-standing tenant


- Freehold title with two buildings
- Excellent location situated in between the popular Blenheim Road and Main South Road
- Returning $125,000pa net

An excellent opportunity to acquire this freehold property with two buildings on one title. Strategically located on a well established through-road, connecting popular retail and industrial destinations with great transport linkages.
This versatile, north-facing property comprises two industrial buildings totalling a floor area of 1,152sqm, sharing a driveway and a yard at the rear. Flexibility through leasing the two buildings individually exists for future owner. Currently leased to a longstanding tenant who has occupied the property for the last six years and is committed to it to a further five year term. This is a highly attractive opportunity to add to any investment portfolio.

Both buildings boast a high NBS rating:
32 Watts Road - 85%
34 Watts Road - 71%

Contact the sole agent today for your information pack - you will be glad you did.

Auction
(unless sold prior)

3 Deans Avenue, Chch

28

Apr

Time12pm
Calander
Calendar
Nick O'Styke

Nick O'Styke


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

Features

Floor area


1,152sqm total

Freehold


title

Land area


1,932sqm