Leased investment returning $62,221


12 Paragon Place, Sockburn

Auction

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Leased investment returning $62,221 | 12 Paragon Place, Sockburn | 558274 |      X Close
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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

12 Paragon Place, Sockburn

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