Christchurch industrial portfolio sale


3,4,6,7,8,10,12 Paragon Pl and 26 Waterloo Rd, Sockburn

Auction

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Christchurch industrial portfolio sale | 3,4,6,7,8,10,12 Paragon Pl and 26 Waterloo Rd, Sockburn | 558037 |      X Close
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Christchurch industrial portfolio sale


Auction (unless sold prior)

11am, Thu 18 Oct 2018

3 Deans Avenue,

Christchurch

- Eight fully leased and separately titled industrial properties

- Seven stand-alone buildings plus high profile corner land holding

- Total rental return $455,600 + GST and OPEX

- To be sold in parcels or as a complete portfolio

This well-located portfolio in eight fully leased parcels is being brought to the market for the first time.

Available individually or together, the offering includes a total land holding of 9,360sqm with 335 metres of road frontage in the heart of Christchurch's western industrial belt. Included are seven well presented, earthquake strengthened buildings providing a high standard of industrial accommodation, ancillary offices and onsite car parking. The prime corner site remains undeveloped presenting a substantial development or value add opportunity for the new owner. All eight properties are leased and fully occupied by six well established businesses generating a rental return of $455,600 p.a. plus GST and OPEX.

Available either as a complete portfolio (unconditional offers for the whole portfolio prior to auction will be considered) or in separate parcels.

Individual listings can be viewed by copying and pasting the links below into your website browser

3 Paragon Place - http://www.bayleys.co.nz/558184

4 Paragon Place - http://www.bayleys.co.nz/558185

6 Paragon Place - http://www.bayleys.co.nz/558186

7 Paragon Place - http://www.bayleys.co.nz/558187

8 Paragon Place - http://www.bayleys.co.nz/558188

10 Paragon Place http://www.bayleys.co.nz/558189

12 Paragon Place - http://www.bayleys.co.nz/558274

26-32 Waterloo Road - http://www.bayleys.co.nz/558183

3,4,6,7,8,10,12 Paragon Pl and 26 Waterloo Rd, Sockburn

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