300 Colombo Street, Sydenham, Christchurch City, Canterbury

With interest rates declining, this property represents an excellent investment yield.

Featuring:

• Same ownership for over 20 years
• Well maintained
• Longstanding and proven tenants
• Fully leased to a mix of local and national tenants, therefore a diverse split risk investment
• Land consisting 4,340m²
• Lettable area approx. 1,592m² with 62 carparks
• Total Rental $387,060 Net
• Tightly held location, high vehicle movements
• Extremely rare opportunity, the first chance to purchase in 20 years
• Generous on-site carparking for convenience and accessibility
• Freehold titles ensuring long-term ownership benefits
• Potential options to increase income for greater returns
• Just 2km from Christchurch's Core Central City, providing amenities to southern suburbs
• Split risk multi-tenanted asset for diversified investment
• Purpose-built retail space for optimal functionality
• Long-term leases provide security and rental growth

With its prime location and solid leasing arrangements, this property is an outstanding opportunity not to be missed. If you're looking to secure a reliable income stream, this investment ticks all the boxes.

Act swiftly to register your interest. Don't let this remarkable chance slip through your fingers. Contact Bruce or Sam today and take the first step towards securing this property.

By Negotiation

To download the property file, please copy & paste the following link: https://www.propertyfiles.co.nz/property/RX3737934