9 Nursery Road, Phillipstown, Christchurch City, Canterbury

Savills, as sole agents, are proud to present 9 Nursery Road, Christchurch for sale.

https://www.propertyfiles.co.nz/property/981270004

Occupying 377sqm of freehold land, the property comprises approximately 410sqm of warehouse, office, and showroom space. Its versatile configuration suits a wide range of commercial uses and is offered with a new sale and leaseback arrangement providing immediate income.

The current owner will enter into a new lease back at $70,135 net per annum (market rent) for a minimum two-year term, providing investors with secure holding income from settlement.

Key features:

• 377sqm freehold landholding
• 410sqm total floor area
• $70,135 net rental per annum
• Minimum two-year lease term
• High-profile city-fringe location
• Excellent CBD and arterial access
• Multiple on-site car parks

Positioned on the edge of Christchurch’s CBD, 9 Nursery Road offers strong exposure, excellent accessibility, and a rare opportunity to secure a well-located investment with future flexibility in a tightly held precinct.