Sold Property
$1,000,000
Howard Buchanan BBS PROP, NZCB, MPINZ Harcourts Christchurch City Commercial
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
Office
Licensed under REAA 2008
Sold Property
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
Howard Buchanan BBS PROP, NZCB, MPINZ Harcourts Christchurch City Commercial
Office Harcourts Christchurch City Commercial Licensed under REAA 2008
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