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Savills, (Licensed: REAA 2008)

70 Maunsell Street, Woolston

Asking price $1,170,000

Listing Description

Listed: Thu, 4 Sep

Rare Industrial Offering by the Tannery

70 Maunsell Street, Woolston, Christchurch City, Canterbury

Details

  •   460m² Floor
  •   1260m² Land
AttributeValue
Property use
Industrial
Agency reference
0478931S

Description

Savills presents for sale 70 Mansell Street a well-located industrial investment in the high-demand Woolston precinct. Strong tenant covenant, sound building, and secure returns make this an opportunity not to be missed.

This site is on a high-profile corner site near the Tannery High-profile, with excellent access to Ferry Road, Brougham Street, and the Lyttelton Tunnel. A proven industrial hub with strong occupier demand and great local amenities.

Key Highlights:

  • Freehold
  • 1,260sqm land
  • 350sqm approx Warehouse
  • 110sqm approx Office split over 2 floors
  • Reliable tenant – PortaCabins, Christchurch
  • Net rental $65,453 + OPEX ($16,538) + GST
  • Lease term to 1 March 2026 + renewals to final expiry 2035
  • Market rent reviews every 2 years from 2027, to expiry
  • 85% NBS seismic rating for the warehouse (the office is 100% NBS)
  • Solid tilt-slab construction with office extension
  • Passive, hands-off investment with income security

For the property files please follow: https://www.propertyfiles.co.nz/property/Rare%20Industrial%20Offering

For more information contact the sole agents Kyle Aubrey 027 225 3532 or Joel Everson 022 199 0300.

  • Boundary lines are indicative only
  • All measurements are approximate

Property Files

Kyle Aubrey

Discover more about this property.

Request the files from Kyle.






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Savills, (Licensed: REAA 2008)

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