Unit 4/49 Sir William Pickering Drive, Burnside, Christchurch

Owner/Occupiers and Investors

Auction from 1pm, Thursday 4 December 2014
3 Deans Avenue, Riccarton, Christchurch

- One tenancy becoming available soon
- Good opportunity for an owner/occupier
- Located in the popular Technical Park area
- 19 on site car parks
- Multiple tenancies in place
- Building area of 460sqm
- All earthquake refurbishment and upgrades have been completed
- NBS - 67%
- Total net income $148,508 plus GST
- Insurance in place via Body Corporate

This property represents a great opportunity for an owner occupier to take over the upcoming tenancy area and retain the other tenants.
Alternatively an investor may purchase and re-lease the soon-to-be-vacated tenancy area and hold an upgraded investment property in a popular investment area.
The building is insured via the Body Corporate which means an owner does not have to worry about ongoing insurance issues or the maintenance of the building.
All insurance repair work has been completed and the new NBS Level is 67% of the new code.

Please contact George Phillips or Ben Cameron for more information.