Listed: Wed, 6 Aug

Own & Occupy, Invest or Repurpose?

Sydenham, Christchurch City, Canterbury

Asking price $1,375,000 + GST (if any)

493m² Floor

Attribute	Value
Property use	Industrial
Agency reference	CCM31682

On offer is a sensational opportunity to buy an upgraded industrial building with a valuable side yard area.

Well located in the heart of popular Sydenham, just off Colombo St and Durham St.

The building has a seismic rating of 69%NBS and the warehouse has been converted to a gym (with CCC Resource Consent and Change of Use) with the added improvements of ceiling insulation panels and a substantial HVAC system.

Warehouse 326.50m2*, showroom 110m2*, amenities 28.50m2*, 1st floor office 17.50m2*, mezzanine storage 11.00m2* Total 493.50m2*.

The property is advantaged by having a large 325m2* security fenced yard area at the side of the building which could provide a large outdoor storage area or generous onsite carparking (10 - 12*) including the mobility park at the front.

This property comes on its own freehold title of 828m2*, so no body corporate hassles here. Zoned Industrial General with right of way access over the neighbouring land, providing the benefit of dual access to the building.

The property is currently leased on a short term basis providing you with an interim holding income of $100,000pa net + GST which gives you time to come up with a plan on how you're going to use it, or to arrange a new tenant.

This creates an ideal opportunity for you as an owner occupier, investor, or developer to acquire this versatile property and either, use it as it is, or alter it to suit your specific needs (subject to any necessary consents). (*approx.)

Call sole agent Paula Raine on 027 221 4997 for further information and to arrange your inspection.

For Sale: $1,375,000 + GST (if any)

https://rwcchristchurch.co.nz/