Units 6 & 7, 150 Cavendish Road, Casebrook, Christchurch City, Canterbury

Savills is pleased to present Units 6 & 7, 150 Cavendish Road, Casebrook to the market for sale.

This high-quality industrial investment is fully leased to the Department of Internal Affairs for the National Library of New Zealand, returning $210,142.32 per annum + GST and outgoings. Occupied since 2011, the tenant has recently exercised its renewal and has two further rights of renewal of three years each.

The property comprises two interconnected units totalling approximately 1,328.9sqm* and is complemented by 18 on-site car parks. Situated within the well-established Cavendish Business Park, the property benefits from a sought-after northwestern Christchurch location and a 73% New Building Standard (NBS) seismic rating.

Key Features

• Secure Government tenant – Department of Internal Affairs (National Library of New Zealand)
• Returning $210,142.32 + GST and outgoings
• Tenant in occupation since 2011
• Two further rights of renewal of three years each
• Combined building area of 1,328.9sqm* across two interconnected units
• 18 on-site car parks
• Located within the popular Cavendish Business Park
• 73% New Building Standard (NBS)

For more information contact the landlords agent Kyle Aubrey on 027 225 3532 or Martin Hebler on 022 093 4656