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Sockburn

12 Paragon Place, Sockburn, Christchurch

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637sqm Floor area
1,086sqm Land area SQM

Auction

(unless sold prior)

Leased investment returning $62,221


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

This well configured factory or warehouse premises has been home to its current tenant for more than 20 years. Initially in 10 and 12 Paragon Place, Action Automatic Manufacturing fabricate a wide range of engineering components and precision turned parts including for the electronic/electrical industry, marine components and hydraulic fittings. The largest building in the auction portfolio, the agents believe this premises offers good value at the current rental with potential for future rental growth.

- Returning: $62,221 + GST and opex
- Land area: 1,086sqm
- Building area: 637sqm
- Car parks: seven approximately

For further information about the property sign into Property Files and visit www.propertyfiles.co.nz/558274

Auction
(unless sold prior)

3 Deans Ave, Chch

18

Oct

Time11am
Calander
Calendar
Campbell Taylor

Campbell Taylor


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

Craig Edwards


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

Features

Car parks


seven

Investment


Rent growth potential

Land area


1,086sqm

Returning


$62,221 + GST and opex