16-20 Walker Street, Christchurch Central, Christchurch

Outstanding investment - 15-year lease

• 15-year lease from 1 November 2021 plus renewal options to 2056
• CPI annual rent increases, market rent reviews five yearly
• Detailed Seismic Assessment at 80% of NBS, updated July 2021
• High quality extensive fit-out
• Net income $535,578.96 + GST per annum

Health New Zealand (Te Whatu Ora) took the opportunity to lease the property when Spark relocated in 2021. The three-level building offered in-situ significant high-speed data capability, proximity to the Hospital and their other facilities plus secure covered car parking, ideal for Health New Zealand's use.

Investors must take note of the rare opportunity to purchase this outstanding investment with a long-term lease and assured rental growth in the heart of Christchurch. Benefitted by excellent parking, the property enjoys high levels of surrounding amenity and convenient accessibility via the one-way systems.

For the information pack refer to: https://www.propertyfiles.co.nz/property/5528315

Contact the sole agent today for more information.