Bayleys Real Estate Ltd
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37 Buchanans Road, Sockburn, Christchurch

10,346sqm Land area SQM
4,946sqm Floor area

Strategic industrial investment with upside

- Robust conventional 1980's industrial warehouse complex
- 4,946sqm floor area situated on a significant 10,346sqm freehold site
- Multi-tenanted investment in a popular tightly held and low vacancy location
- Net annual income of $450,234pa net (approximately)

This fully leased hardworking industrial property provides a wide range of businesses with cost effective and honest warehousing in an strategic and desirable location. This building is well-situated on a generous freehold land holding of 10,346sqm and astute purchasers will surely recognise this is an impressive long term asset to add to any investment portfolio. Presently occupied by a mixture of four well-proven tenants returning $450,234 per annum net (approximately), this investment property offers very strong rental growth potential to the next owners.

Strategically positioned in the heart of industrial Sockburn, with excellent links to all major transport routes, sought-after properties like this seldom come to the market so what are you waiting for? Call the sole agents today to secure your stake in one of Christchurch's prime industrial precincts.

*boundary lines are indicative only

For Sale by Deadline Private Treaty
(unless sold prior)

3 Deans Avenue, Chch


Nick O'Styke

Nick O'Styke

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

Sam Stone

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


Floor area

4,946sqm (approximately)

Land area

1.0346ha (more or less)

Passing income

of $450,234 per annum net (approximately)

Seismic (NBS rating)

80%+ NBS