Sold Property

1/31 Stevens Street, Waltham, Canterbury 8011

  • 136 m2

$368,500

Calling all entry level commercial investors!

Is your bank taking more than its giving you in returns? Don't want to pay OPEX, rates or insurance and want a return on investment? Look no further than 1/31 Stevens St!
With great returns, this unit is fully tenanted with two tenants until 2023. Fetching a combined $26,350pa Net (plus GST) and Opex - this really is one to look at.
- 67% NBS Score
- Tenants with a long-standing business history
- Three carparks included
- 2.4km drive from Cathedral Square
- Two tenants to spread the investment risk on 2x2 leases
- Tenant pays rates, insurance and OPEX
- DEE, Tenancy details and other info available on request

Give Simon or Michelle a call today to secure this investment!

* To view the Information Pack , copy and paste the URL into your web browser-
http://propertyfiles.corkindaleandco.co.nz
To get a full information pack (including DEE & leases) please contact Michelle or Simon

Attention other agencies: Conjunctional offers encouraged!

Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same Property ID: #CR39679

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Sold Date

  • 04 September, 2020

Property features

  • Property Type: Office
  • Uncovered: 3
  • Property Details: Tenanted Investment
  • Zone: Industrial General Zone
  • Tenure: Unit Title
  • Virtual Tour URL: http://www.youtube.com/watch?v=_jg4W99mRko
  • Tenancy: Total rental if more than 1 tenancy $ (+ GST): 26350
  • Tenancy 1: Commencement Date: 27 May 2018, Expiry Date: 26 May 2023, Rental net/gross p.a.: $14, 400 + GST pa, Review Dates: 30/4/2020 & 2022, Rights of Renewal: 1 of 2 years, Tenant Name: PIN Distributor Ltd, Term (years): 2
  • Tenancy 2: Commencement Date: 23 September 2019, Expiry Date: 22 September 2023, Rental net/gross p.a.: $11, 950.00 + GST pa, Review Dates: 23/9/2021, Rights of Renewal: 1 of 2 years, Tenant Name: Flagstaff Recruitment Ltd, Term (years): 2
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Outgoings

  • Body corp fee $: 3150.92

Office

Harcourts City Christchurch

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 136 m2

Sold Property

1/31 Stevens Street, Waltham, Canterbury 8011

$368,500

Calling all entry level commercial investors!

Is your bank taking more than its giving you in returns? Don't want to pay OPEX, rates or insurance and want a return on investment? Look no further than 1/31 Stevens St!
With great returns, this unit is fully tenanted with two tenants until 2023. Fetching a combined $26,350pa Net (plus GST) and Opex - this really is one to look at.
- 67% NBS Score
- Tenants with a long-standing business history
- Three carparks included
- 2.4km drive from Cathedral Square
- Two tenants to spread the investment risk on 2x2 leases
- Tenant pays rates, insurance and OPEX
- DEE, Tenancy details and other info available on request

Give Simon or Michelle a call today to secure this investment!

* To view the Information Pack , copy and paste the URL into your web browser-
http://propertyfiles.corkindaleandco.co.nz
To get a full information pack (including DEE & leases) please contact Michelle or Simon

Attention other agencies: Conjunctional offers encouraged!

Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same Property ID: #CR39679

Property Features

  • Property Type: Office
  • Uncovered: 3
  • Property Details: Tenanted Investment
  • Zone: Industrial General Zone
  • Tenure: Unit Title
  • Virtual Tour URL: http://www.youtube.com/watch?v=_jg4W99mRko
  • Tenancy: Total rental if more than 1 tenancy $ (+ GST): 26350
  • Tenancy 1: Commencement Date: 27 May 2018, Expiry Date: 26 May 2023, Rental net/gross p.a.: $14, 400 + GST pa, Review Dates: 30/4/2020 & 2022, Rights of Renewal: 1 of 2 years, Tenant Name: PIN Distributor Ltd, Term (years): 2
  • Tenancy 2: Commencement Date: 23 September 2019, Expiry Date: 22 September 2023, Rental net/gross p.a.: $11, 950.00 + GST pa, Review Dates: 23/9/2021, Rights of Renewal: 1 of 2 years, Tenant Name: Flagstaff Recruitment Ltd, Term (years): 2
Show More

Outgoings

  • Body corp fee $: 3150.92

Sold Date

  • 04 September, 2020

Michelle Corkindale Harcourts City Christchurch

Simon Corkindale Harcourts City Christchurch

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Harcourts City Christchurch

Office Harcourts City Christchurch Licensed under REAA 2008

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