Sold Property

1/422 Innes Road, Mairehau, Canterbury 8052

  • 150 m2

$505,000

Debbie Johnson Harcourts Christchurch City Commercial

Entry Level Commercial Investment

Don't miss out on this rare entry level commercial investment.

1/422 Innes Road is situated on the northern city fringe, where there are a number of specialty shops in close proximity and a strong surrounding business community. Innes Road serves the surrounding residential suburbs of Mairehau and St Albans and has a good catchment area.

Constructed in early 2000s, the building is modern and tidy & 80% NBS. With the ground floor premises leased, the first floor is currently vacant, making this a great opportunity for an investor or an owner occupier who would benefit from a holding income. The first floor has only recently become vacant and has previously been home to a variety of quality office tenants.

The existing tenant is a successful Pharmacy who benefits from the clientele from nearby Retirement Village and Schools and of course being an essential service is a Covid Proof Tenant.

Contact Debbie Johnson (021 051 5225) or Rebecca Gregg (027 689 6386) today to arrange a viewing.
The floor areas are approximate only and have not been independently verified. We recommend the purchaser seeks their own expert assessment from a suitably qualified professional. Property ID: #CIC54453

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Sold Date

  • 16 March, 2021

Property features

  • Property Type: Office, Retail
  • Office Square Metres: 75
  • Retail Square Metres: 75
  • Uncovered: 2
  • Property Details: Vacant, Tenanted Investment
  • Tenure: Unit Title
  • Tenancy 1: Area Sqm: 75, Commencement Date: 03 October 2016, Expiry Date: 02 October 2021, Rental net/gross p.a.: 22500, Review Dates: 2 yearly, Rights of Renewal: 2 x 5 years, Tenant Name: Flosun Alpha Ltd, Term (years): 5
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Outgoings

  • Body corp fee $: 4992

Office

Harcourts Christchurch City Commercial

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 150 m2

Sold Property

1/422 Innes Road, Mairehau, Canterbury 8052

$505,000

Entry Level Commercial Investment

Don't miss out on this rare entry level commercial investment.

1/422 Innes Road is situated on the northern city fringe, where there are a number of specialty shops in close proximity and a strong surrounding business community. Innes Road serves the surrounding residential suburbs of Mairehau and St Albans and has a good catchment area.

Constructed in early 2000s, the building is modern and tidy & 80% NBS. With the ground floor premises leased, the first floor is currently vacant, making this a great opportunity for an investor or an owner occupier who would benefit from a holding income. The first floor has only recently become vacant and has previously been home to a variety of quality office tenants.

The existing tenant is a successful Pharmacy who benefits from the clientele from nearby Retirement Village and Schools and of course being an essential service is a Covid Proof Tenant.

Contact Debbie Johnson (021 051 5225) or Rebecca Gregg (027 689 6386) today to arrange a viewing.
The floor areas are approximate only and have not been independently verified. We recommend the purchaser seeks their own expert assessment from a suitably qualified professional. Property ID: #CIC54453

Property Features

  • Property Type: Office, Retail
  • Office Square Metres: 75
  • Retail Square Metres: 75
  • Uncovered: 2
  • Property Details: Vacant, Tenanted Investment
  • Tenure: Unit Title
  • Tenancy 1: Area Sqm: 75, Commencement Date: 03 October 2016, Expiry Date: 02 October 2021, Rental net/gross p.a.: 22500, Review Dates: 2 yearly, Rights of Renewal: 2 x 5 years, Tenant Name: Flosun Alpha Ltd, Term (years): 5
Show More

Outgoings

  • Body corp fee $: 4992

Sold Date

  • 16 March, 2021

Debbie Johnson Harcourts Christchurch City Commercial

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Harcourts Christchurch City Commercial

Office Harcourts Christchurch City Commercial Licensed under REAA 2008

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