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Listing Description

Listed: Thu, 4 Apr

Suburban Trophy Asset - Large Land Holding

333 Harewood Road, Bishopdale, Christchurch City, Canterbury

Price by negotiation

Details

  •   925m² Floor
AttributeValue
Property use
Retail
Agency reference
agentpoint-7968095

Description

JLL are proud to be exclusively appointed to market the freehold asset at 333 Harewood Road, Bishopdale.

The property is an attractive suburban asset that provides 11 tenancies through a mix of retail, hospitality, office plus a cellphone tower rental. With a large land holding the property also benefits from ample onsite carparking and a prominent signage pylon on Harewood Road.

Split across two levels and providing a sweet spot in tenancy size with the ability to extend some of the ground floor tenancies or decrease depending on future requirements. The one vacancy in the building is a recently emptied upstairs office of approx. 40sqm. This will add an additional $13,500+GST per annum to the rent roll.

The asset currently returns an annual rental of $257,707+GST. The passing income is well diversified offering a steady income stream for a potential purchaser.

The building enjoys being centered between Bishopdale New World, the Tavern Harewood and with ample carparking tenants enjoy a busy location with ease of access for customers. Other notable developments in close proximity include Northlands Mall and Northlink Shopping Centre to the south, while Christchurch International Airport is a short distance to the west.

Features:

  • 11 tenancies over two levels
  • Land area: 4,023sqm
  • Contract Net Rental: $257,707 plus GST
  • NLA 925sqm
  • North West Aspect
  • Mix of retail/hospitality/office/cellphone uses

For further information please call sole agents Ben Cameron on 021 107 3540 or Paul Lysaght on 027 5515 737.


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JLL Christchurch, (Licensed: REAA 2008)

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