4 Paragon Place, Sockburn, Christchurch

Leased investment returning $87,321

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

Occupying a prime corner position on Waterloo Road at the entrance to Paragon Place, this building and associated display yard is a prized investment opportunity. Occupied by vehicle dealer New Zealand Car Canterbury the site provides showroom and office facilities, grooming bay, canopies and a substantial vehicle display yard. Well suited to its current use it is an adaptable property that has also been used for equipment hire. Part of a national vehicle dealership group NZ Car Canterbury have a significant investment in the location with leases on the yard on the opposite corner and the adjoining stand alone building at 3 Paragon Place.

- Returning $87,321 + GST and opex.
- Land area: 1,621sqm
- Building area: 525sqm (including canopy)
- Car parks: 32

For further information about the property sign into Property Files and visit www.propertyfiles.co.nz/558185