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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

For Sale by Negotiation
Nick O'Styke

Nick O'Styke

Commercial and Industrial Sales and Leasing

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

Benji Andrews

Commercial and Industrial Sales and Leasing

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

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