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Addington

44-46 Disraeli Street, Addington, Christchurch

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3,061sqm Land area SQM
2,891sqm Floor area

Currently Under Negotiation 10% Net Return


46 Disraeli Street is a large industrial investment property for sale with a proven long-standing tenant.

Carton Taylor Industries Limited has been trading from the site for over 40 years and has significant plant and services onsite which is not easily replicated.

3,601sqm land area
Returning $264,000 per annum + GST/OPEX
Potential for rental growth
Five-year lease from 1 July 2015

Brilliant opportunity to purchase a passive industrial premise located only 2.5km from the CBD.

Asking Price NZ$2,640,000 + GST (if any)
Nick O'Styke

Nick O'Styke


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

Features

Land Area


3,601sqm

NBS


67%

Returning


$264,000 per annum + GST/OPEX