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Sydenham

81 Waltham Road, Sydenham, Christchurch

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617sqm Land area SQM
184sqm Floor area

Auction

(unless sold prior)

Medical tenants, long term leases


This attractive investment property is tenanted by a busy dental practice and physio and is co located, on a separate title, with a pharmacy and the Waltham Health Centre.

The high profile corner site is zoned Residential Medium Density and with increased residential infill through comprehensive development, expect to see continued strong support for these healthcare services.

Earning a net rental of $68,640, this property will appeal to investors looking for a low maintenance, split risk investment property with long lease terms.

After nearly 20 years the vendors, one of which joint-owned the dental practice, are exiting to pursue other opportunities. Could this be yours for the next two decades?

Auction
(unless sold prior)

3 Deans Avenue, Chch

26

May

Time12pm
Calander
Calendar
Jeremy Speight

Jeremy Speight


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

Features

Established


Dental and physio practices

Long leases


WALT 7.2 years

NBS


100%

Split risk


Two medical tenants