Sold Property

264, 266, 268 Wairakei Road, Bryndwr, Canterbury

  • 637
  • 180 m2

$1,000,000

Retail Investment Gem

First time offered to market for over 43 years!

This tidy, multi-tenanted retail investment on a major arterial route provides excellent profile for well established tenants. In addition to convenient street parking, generous car parking is available at the rear of the 637m2 site. Future development potential is very much an option here.

An engineer's report provides assurance, with 57% NBS.

This suburban retail offering represents a very affordable, entry level commercial investment opportunity or worthy addition to an existing portfolio. Disgruntled residential investors note; recent changes to residential property rules do not apply to commercial properties. In addition, the spread of risk across multiple tenancies makes this an even more appealing investment opportunity. Interest is expected to be strong, so don't delay, call the sole agent today.

Level Area: 637m2
Building Area: 180m2 approximately
Net Income: $49,888 p.a + GST
NBS: 57%

To download further information (and to be kept informed of any changes or amendments to the campaign), please paste the link below into your browser, supply your contact details and wait for the email with the links to download.
http://www.propertyfiles.co.nz/property/575620010

To download further information (and to be kept informed of any changes or amendments to the campaign), please paste the link below into your browser, supply your contact details and wait for the email with the links to download.
http://www.propertyfiles.co.nz/property/575620010

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: #CIC55327

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Sold Date

  • 04 May, 2021

Property features

  • Property Type: Retail
  • Retail Square Metres: 180
  • Property Details: Tenanted Investment
  • Zone: Commercial Core
  • Tenure: Fee Simple
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Outgoings

  • OPEX $: 12222.08

Office

Harcourts Christchurch City Commercial

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 637
  • 180 m2

Sold Property

264, 266, 268 Wairakei Road, Bryndwr, Canterbury

$1,000,000

Retail Investment Gem

First time offered to market for over 43 years!

This tidy, multi-tenanted retail investment on a major arterial route provides excellent profile for well established tenants. In addition to convenient street parking, generous car parking is available at the rear of the 637m2 site. Future development potential is very much an option here.

An engineer's report provides assurance, with 57% NBS.

This suburban retail offering represents a very affordable, entry level commercial investment opportunity or worthy addition to an existing portfolio. Disgruntled residential investors note; recent changes to residential property rules do not apply to commercial properties. In addition, the spread of risk across multiple tenancies makes this an even more appealing investment opportunity. Interest is expected to be strong, so don't delay, call the sole agent today.

Level Area: 637m2
Building Area: 180m2 approximately
Net Income: $49,888 p.a + GST
NBS: 57%

To download further information (and to be kept informed of any changes or amendments to the campaign), please paste the link below into your browser, supply your contact details and wait for the email with the links to download.
http://www.propertyfiles.co.nz/property/575620010

To download further information (and to be kept informed of any changes or amendments to the campaign), please paste the link below into your browser, supply your contact details and wait for the email with the links to download.
http://www.propertyfiles.co.nz/property/575620010

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: #CIC55327

Property Features

  • Property Type: Retail
  • Retail Square Metres: 180
  • Property Details: Tenanted Investment
  • Zone: Commercial Core
  • Tenure: Fee Simple
Show More

Outgoings

  • OPEX $: 12222.08

Sold Date

  • 04 May, 2021

Howard Buchanan BBS PROP, NZCB, MPINZ 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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Need to sell before investing?

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