26-32 Waterloo Road, Sockburn, Christchurch

Develop, land bank or invest

Auction (unless sold prior)
11am, Thu 18 Oct 2018
3 Deans Avenue,
Christchurch

This prime redevelopment site, land bank or investment presents a range of opportunities for the new owner. The current lease to NZ Car Canterbury expires at the end of June next year and there are no further rights of renewal. The tenant, who occupies the adjoining building and the premises opposite on the other corner of Paragon Place will need to negotiate with the new owner should they wish to extend the lease. Clearly a very appealing redevelopment site on its own the current occupancy of these three parcels together may make an attractive investment opportunity with advantages for an owner in acquiring all three.

- Returning $50,000 + GST and opex.
- Land area: 2,864sqm

For further information about the property sign into Property Files and visit www.propertyfiles.co.nz/558183