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Middleton

11 Lunns Road, Middleton, Christchurch

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1,500sqm Land area SQM
987sqm Floor area

Outstanding Middleton investment


• Conventional industrial on a 1,500sqm (more or less) freehold site
• Well-established tenant covenant
• Returning $123,420 per annum net

A rare opportunity to secure this standalone industrial property, well located within a popular, low vacancy area with excellent transport links.

Well-configured with a balanced warehouse to office ratio, this functional premises comprises a clear-span warehouse and is accompanied by bright offices and showroom area. Secure yard and ample on-site car parking complement this fantastic property.

The tenant, a well-established business, having occupied the property for six years, have just renewed their lease for another term. Returning $123,420 per annum net, this property ought to appeal to any astute investor.

Contact the sole agents today for further information.

For Property Files, copy and paste the following link: https://www.propertyfiles.co.nz/5526061

Key features


Floor area details

987sqm total floor area

Lease

Leased to a well-established tenant

Location

sought after Middleton

Transport access

close to the Southern motorway and all main arterial roads