Industrial investment - Phillipstown
Positioned just outside Christchurch's CBD, 436 St Asaph Street presents an appealing opportunity for first-time investors or those looking to add to their existing commercial portfolio.
Comprising approximately 330sqm of floor area across two levels, the property offers a versatile mix of warehouse and office currently occupied by The Workshop Christchurch Limited.
Property features include:
• 211.7sqm ground floor warehouse/office
• 118.7sqm first floor office
• 80% NBS rating
• North-facing aspect
• Convenient city-fringe location
• New three-year lease in place returning $37,000pa + GST and outgoings
With a new lease secured, the property offers immediate holding income and an attractive entry-level investment opportunity.
Contact the sole agents for further information or to arrange an inspection.
For Property Files copy and paste the following link: https://www.propertyfiles.co.nz/5532295
Comprising approximately 330sqm of floor area across two levels, the property offers a versatile mix of warehouse and office currently occupied by The Workshop Christchurch Limited.
Property features include:
• 211.7sqm ground floor warehouse/office
• 118.7sqm first floor office
• 80% NBS rating
• North-facing aspect
• Convenient city-fringe location
• New three-year lease in place returning $37,000pa + GST and outgoings
With a new lease secured, the property offers immediate holding income and an attractive entry-level investment opportunity.
Contact the sole agents for further information or to arrange an inspection.
For Property Files copy and paste the following link: https://www.propertyfiles.co.nz/5532295
Key features
Floor area details
330sqm floor space over two levels
Opportunity
Tenanted investment
Seismic (NBS rating)
80% NBS
Zoning
Industrial General
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