23 Commerce Crescent, Waterloo Business Park, Islington, Christchurch

Quality build, long term leaseback

• Net rental $250,000pa + GST and outgoings
• 10 year lease with right of renewal
• Quality 2017 build
• Nationwide tenant with diversified income streams

Built with growth in mind this property consists of north facing offices over two levels, a high stud three bay workshop and a purpose built wash bay. A substantial canopy provides excellent shelter from the elements on two sides and a full-site concrete yard is provided for vehicle parking when required.

The tenant is a long established commercial vehicle rental and leasing business with hard-working trucks, vans and utes operating throughout the country for a diverse customer base of small businesses, corporates and local councils. Waterloo Business Park is the South Island's premier business park and was carefully designed with the needs of industries, workers and customers in mind. With easy access to road, rail and air travel the location is ideal for growing businesses.

This statement property is located on a north facing corner site adjacent to Islington Green, designed to be the heart of Waterloo, bringing to life the idea of work-life balance.

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