8 Paragon Place, Sockburn, Christchurch

Leased investment returning $36,000

Auction (unless sold prior)
11am, Thu 18 Oct 2018
3 Deans Avenue,
Christchurch

The smallest of the buildings on offer in this portfolio auction, 8 Paragon Place sits on a 500 square metre fee simple site with good frontage to Paragon Place. Leased to Cushman & Wakefield the building of 267 square metres provides warehouse, showroom and office space all on the ground floor. The property maintenance operation of the global property brand has been on site since 2014 and they have extended the amenity area within the building at their own cost. In a very affordable price range such well configured fee simple property investments are hard to find.

- Returning: $36,000 + GST and opex
- Land area: 500sqm
- Building area: 267sqm
- Car parks: five

For further information about the property sign into Property Files and visit www.propertyfiles.co.nz/558188