Listing #:1277253840

Large scale industrial investment

Location: 2 Matipo Street, Riccarton, Christchur­ch City, Canterbury
Property use: Industrial
Floor area: 8,501m2
Land area: 16249m2
Price: Price by negotiatio­n
- 8,501sqm food processing and cool storage facilities
- 1.625 ha prime central location close to railway and main arterial routes
- $400,000 existing investment income
- Opportunity to add value with 50% net lettable occupied

This significant land holding with food processing facilities and cool storage, offers an exciting blend of income and opportunity. Annual rental is approximately $400,000 or approximately 50% of net lettable by assessed value. The opportunity is truly unique. Formerly a food processing site there was a permit to take and use ground water to a volume not exceeding 2,592 cubic metres per day (approximately 950m litres/annum). New owners may need to re-apply to utilise these rights.

This is an outstanding opportunity to land bank in a prime location with investment income.

Agency reference #: 554185
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Price by negotiation
2 Matipo Street, Riccarton, Christchurch City, Canterbury
Price by negotiation
Listed: Wed 8 Mar, 3:05 pm
Jeremy Speight
Bayleys Canterbury - Whalan and Partners Ltd, (Licensed: REAA 2008)
  • Contact details
  •  (03) 3754700
  •  (027) 6555647

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Agent's details

Jeremy Speight
  •  (03) 3754700
  •  (027) 6555647
Bayleys Canterbury - Whalan and Partners Ltd, (Licensed: REAA 2008)
(03) 3754700
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Expires: Wed 26 Dec, 10:10 am
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