Vendor moved overseas and no longer requires this asset.
Dual street frontage to Gasson Street & Byron Street plus dual tenancies with a combined income of $182,350pa + GST + outgoings and a total floor area of 1,250sqm. Seismic strengthening completed to 67% NBS.
HomePlus Christchurch
- Eight year lease from 1 April 2016
- Right of renewal 2 of 4 years each
- Final expiry 31 March 2032
- Two yearly market rent reviews
- Net rental $72,350pa + GST
- Net lettable area 492sqm being 147sqm office/showroom and 345sqm warehouse
Detail King
- Eight year lease from 20 January 2020
- Right of renewal 1 of 8 years
- Final expiry 19 January 2036
- Three yearly market reviews and CPI + 2% annually
- Net rental $110,000pa + GST
- Net lettable area 758sqm being 360sqm office/showroom and 438sqm warehouse
Contact agent for an information pack or copy and past the following URL into your browser to check out the property files https://www.propertyfiles.co.nz/property/5513959