Sold Property

430, 432 & 434 St Asaph Street, Phillipstown, Canterbury

  • 1 m2

$2,200,000

Paul Middleditch Harcourts Christchurch City Commercial

Enticing Investment Opportunity With Upside

Having been invested in this strategic, fully leased St Asaph St locality for a very long term, my current owners have determined it is time to sell up and move on to their next chapter. The ever improved condition of the 3 properties and the spread of three quality tenants should give the next astute purchasers great confidence. Investors will also enjoy that 430 St Asaph St has been masterfully designed by Warren & Mahoney Architects and the internal design work was proficiently completed by Ross Skinner Design.
- Passing Rent = $137,552
- NBS = 70% or greater
- Potential to increase the rental income
- Multi-tenanted investment
- North facing, CBD fringe location
- Total of 2123m2 in 3 x titles
The quality and rarity of the parcel, and the commitment of my owners to move on should encourage you to start your DD immediately


For further information, please paste the link below into your web browser and submit the requested details. You'll then receive an email from Property Files with the links to all the files to assist you with your due diligence.
If any further files are uploaded or amended you will be advised by an email from Property Files. https://www.propertyfiles.co.nz/property/581160001 Property ID: #CIC56342

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Sold Date

  • 18 November, 2021

Property features

  • Property Type: Warehouse, Office, Industrial

Office

Harcourts Christchurch City Commercial

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 1 m2

Sold Property

430, 432 & 434 St Asaph Street, Phillipstown, Canterbury

$2,200,000

Enticing Investment Opportunity With Upside

Having been invested in this strategic, fully leased St Asaph St locality for a very long term, my current owners have determined it is time to sell up and move on to their next chapter. The ever improved condition of the 3 properties and the spread of three quality tenants should give the next astute purchasers great confidence. Investors will also enjoy that 430 St Asaph St has been masterfully designed by Warren & Mahoney Architects and the internal design work was proficiently completed by Ross Skinner Design.
- Passing Rent = $137,552
- NBS = 70% or greater
- Potential to increase the rental income
- Multi-tenanted investment
- North facing, CBD fringe location
- Total of 2123m2 in 3 x titles
The quality and rarity of the parcel, and the commitment of my owners to move on should encourage you to start your DD immediately


For further information, please paste the link below into your web browser and submit the requested details. You'll then receive an email from Property Files with the links to all the files to assist you with your due diligence.
If any further files are uploaded or amended you will be advised by an email from Property Files. https://www.propertyfiles.co.nz/property/581160001 Property ID: #CIC56342

Property Features

  • Property Type: Warehouse, Office, Industrial

Sold Date

  • 18 November, 2021

Paul Middleditch 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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