Listing #:1436084079

COLOMBO ST NORTH FOR SALE

Location: 1027 Colombo St, Edgeware, Christchur­ch City, Canterbury
Property use: Developmen­t site
Floor area: 360m2
Price: Price by negotiatio­n
Viewing instructions: Contact Owner please for an appointmen­t.
Property ID#: FLX768
Parking: Various on site and plenty on the roadside.
SMALL INVESTOR WANTED

SEEKING OFFERS : FOR DEFINITE SALE

Here is the ideal opportunity for a small business owner to buy their own premises and reap a profit, when a lease becomes available, or ideal as high return investment compared to money in the bank! Rear unit recently leased, 150 sq m in this unit with a storage /work area, lots of natural light. An office or carpeted storage area. A well set up kitchen and even a small bathroom area. Large sectional door access and a lockable smaller outside yard. Burglar alarm and a heat pump in the carpeted area.

The property has 3 units. The front shop is leased by a well known anchor tenant with a good long term lease in place. The second Unit has a small business owner who helps manage the site and is extremely helpful.
The property shows a 9% net return to the Owner. We have been receiving the current rental for several years. Room to improve.
Situated one block from the reinvigorated Edgeware shopping precinct, this is a unique opportunity for an astute business owner or investor.

NOW FULLY LEASED WITH GREAT HOLDING INCOME OF 9%

Please contact the owner on 0293660082
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Price by negotiation
1027 Colombo St, Edgeware, Christchurch City, Canterbury
Price by negotiation
Listed: Sat 7 Oct, 3:04 pm
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Member since May 2005

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