16A Clarence Street, Addington, Christchurch

Sought-After Addington Investment

For Sale by Auction, 28 April 2022, 3 Deans Avenue, Christchurch at 12pm. (unless sold prior)

IMPORTANT NOTICE: To attend this Auction at Bayleys Auction rooms, participants over the age of 12 years must scan their vaccine pass on arrival.

Offering solid returns with a quality tenant, 16A Clarence Street, Addington, is a great entry level investment. The building is well maintained with engineers report available noting 75% NBS.
The unit comes with five on site carparks. The site has great access from Lincoln Road and very accessible to main arterial routes, north and south.
Commercial property is not affected by recent changes which has made residential investing less attractive.

Key Features:
•75% NBS
•Five car parks
•Returning $32,535.72pa (Net)
•Self-managed body corporate

For more information on this property, please copy and paste the following link into your web browser:
https://www.propertyfiles.co.nz/property/5517997

Contact the sole agents for more detail, you won't regret it.