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Papanui

52 Langdons Road, Papanui, Christchurch

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498sqm Floor area

Asking Price NZ$3,050,000 + GST

 (if any)

Stunning new childcare facility - 15 year lease


Long leases such as this are a rare commodity in today's market and when coupled with a brand new building in a growing location the opportunity is obvious. We are pleased to bring this outstanding long term investment opportunity to the Christchurch market. Situated amongst a range of quality new buildings in a leafy, park like environment, this is a trophy property to be owned with pride. Quality neighbours in the park include the Canterbury Trade Union Centre, Ministry of Social Development, Barnardos NZ, Southern Community Laboratories and Evaluation Associates.

The promise offered by the wider Papanui area is evidenced by the huge growth currently happening with new major retailers such as Mitre 10, Briscoes, and Rebel Sport adjacent and an expansion program at the successful Northlands Mall underway now just 600 metres away.

A fifteen year initial lease term is just the beginning of the value proposition with careful, multi-use design of the building and abundant parking preserving the value in a changing environment. An extensive, bespoke fit out with a huge range of custom made cabinetry, two kitchens, laundry room and specialised bathroom facilities have been included in the landlord's package ensuring the suitability for the tenant's operational needs going forward.

This is truly an exceptional investment offering real value for the astute investor.

Call Greg Bevin now for a full information pack on this outstanding investment prospect.

Greg Bevin

Greg Bevin


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

Features

Brand new


Building in a growing location

Fifteen year


Initial lease term

Multi -use


Design with abundant parking