Sold Property

46 Acheron Drive, Riccarton, Canterbury

  • 1008

Paul Middleditch Harcourts Christchurch City Commercial

Vendor Liquidating Investment

With another project about to commence, the owner of this office investment must now sell to fund the new project.
This block of office units constructed in 2014/15 and engineered to 120% of NBS sits between Acheron Dr (just off Blenheim Rd) and The Warehouse carpark. Situated on the end of the development, this corner unit benefits by attracting maximum exposure from the passing traffic. It is handy to main arterials and offers plentiful carparking options nearby, and features 16 onsite carparks.
The ground floor office has been leased to E2 Environmental Limited since 2014 and they have a further 4 years to run (incl ROR) on their current lease.
The first floor is currently occupied by the owners' law firm but will be sold with a sitting tenant whom is due to commence in July 2023 (but may yet negotiate an earlier commencement date)
- Annual Income = $104,895.40 plus opex & gst
- 16 onsite carparks
- 120% NBS

- Adjacent greenscape/garden setting is part of the title
Our owner is committed to his next project and is serious about selling. Secure this investment opportunity today and reap the rewards in the years to come.
For further information or to arrange an inspection, please contact Paul Middleditch on 027 726 7047 or paul.middleditch@naiharcourts.co.nz
For further information, please paste the following link into your browser, submit your details and wait for the email to access the files to download.
https://www.propertyfiles.co.nz/property/CIC58479 Property ID: #CIC58479

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Sold Date

  • 03 March, 2023

Property features

  • Property Type: Office, Other (Tenanted Investment)
  • Office Square Metres: 383
  • Uncovered: 15
  • Tenancy 1: Area Sqm: 194.85, Commencement Date: 01 September 2000, Expiry Date: 31 August 2026, Rental net/gross p.a.: 56500.00, Review Dates: 01/09/2024, Rights of Renewal: 1 of 3 years, Tenant Name: E2 Enviromental, Term (years): 3 Years
  • Tenancy 2: Area Sqm: 188.07, Tenant Name: Vacant Possession
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Office

Harcourts Christchurch City Commercial

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 1008

Sold Property

46 Acheron Drive, Riccarton, Canterbury

Vendor Liquidating Investment

With another project about to commence, the owner of this office investment must now sell to fund the new project.
This block of office units constructed in 2014/15 and engineered to 120% of NBS sits between Acheron Dr (just off Blenheim Rd) and The Warehouse carpark. Situated on the end of the development, this corner unit benefits by attracting maximum exposure from the passing traffic. It is handy to main arterials and offers plentiful carparking options nearby, and features 16 onsite carparks.
The ground floor office has been leased to E2 Environmental Limited since 2014 and they have a further 4 years to run (incl ROR) on their current lease.
The first floor is currently occupied by the owners' law firm but will be sold with a sitting tenant whom is due to commence in July 2023 (but may yet negotiate an earlier commencement date)
- Annual Income = $104,895.40 plus opex & gst
- 16 onsite carparks
- 120% NBS

- Adjacent greenscape/garden setting is part of the title
Our owner is committed to his next project and is serious about selling. Secure this investment opportunity today and reap the rewards in the years to come.
For further information or to arrange an inspection, please contact Paul Middleditch on 027 726 7047 or paul.middleditch@naiharcourts.co.nz
For further information, please paste the following link into your browser, submit your details and wait for the email to access the files to download.
https://www.propertyfiles.co.nz/property/CIC58479 Property ID: #CIC58479

Property Features

  • Property Type: Office, Other (Tenanted Investment)
  • Office Square Metres: 383
  • Uncovered: 15
  • Tenancy 1: Area Sqm: 194.85, Commencement Date: 01 September 2000, Expiry Date: 31 August 2026, Rental net/gross p.a.: 56500.00, Review Dates: 01/09/2024, Rights of Renewal: 1 of 3 years, Tenant Name: E2 Enviromental, Term (years): 3 Years
  • Tenancy 2: Area Sqm: 188.07, Tenant Name: Vacant Possession
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Sold Date

  • 03 March, 2023

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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