124F Wordsworth Street, Sydenham, Christchurch City, Canterbury

Colliers, as sole marketing agents, are pleased to offer for sale 124F Wordsworth Street. This property presents an affordable opportunity to secure a well located industrial investment in the heart of Sydenham.   Leased to Wavetech Limited, a well established automotive electronics supplier who has occupied the premises since 2011, the property currently returns $39,500 per annum plus GST and outgoings.   The building offers approximately 282sqm of functional space including warehouse, showroom, mezzanine and office accommodation, together with four on site car parks. Positioned as a north facing front unit, the property enjoys excellent profile to Wordsworth Street and great exposure for the tenant’s business.   Sydenham remains Christchurch’s most established city fringe industrial precinct. With its close proximity to the CBD, the area is continuing to evolve, creating future opportunities beyond its traditional industrial roots.   The current owners have enjoyed a long and successful tenure with the property and the income it has generated. Having held the asset since new for nearly 40 years, they are now looking to move on to the next chapter, presenting an opportunity for a new owner to secure a well located and proven investment.

For further information or to arrange an inspection, please contact the sole agent:

Rory McGuigan – 021 381 189

For sale by Price by Negotiation. 

*Boundary lines are indicative only.

Features:

• Returning $39,500 net per annum
• Wavetech tenant in place since 2011
• Lease through to August 2027
• Industrial General zoning
• Prime Sydenham location
• Future flexibility to re-lease or occupy

More information: https://www.colliers.co.nz/p-NZL67038969