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Addington

16 Pope Street, Addington, Christchurch

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247sqm Floor area

100% occupied mix use investment with upside


- Three separate tenants
- Future live work potential
- 100% NBS
- Fee simple title

16 Pope Street presents an exciting opportunity for an entry level commercial investor. This property provides spread of risk being currently leased to three separate tenants, with two commercial tenants on the ground floor as well as a spacious first floor two-bedroom apartment which is currently rented.

Rentals and areas consist of:
16 Pope Street - Commercial (85sqm) - $15,548pa + GST and outgoings
16A Pope Street - Residential (114sqm) - $400 per week
16B Pope Street - Commercial (48sqm) - $11,457pa + GST

Pope Street is located just outside the Four Avenues being just a few minutes walk from Hagley Park and the Tower Junction shopping centre along with being just 3.5km from the Christchurch CBD.

Contact the sole agents for additional information.

For Sale by Negotiation
Alex White

Alex White


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

Stewart White


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

Features

Available


Fee simple title

Location


Pope Street is located just outside the Four Avenues being just a few minutes walk from Hagley Park

Occupancy


Currently leased to three separate tenants

Seismic (NBS Rating)


100% NBS