Listing #:1678568644

OPTIONS APLENTY - VENDOR CHECKED OUT!

Location: 541 Innes Road, Mairehau, Mairehau, Christchur­ch City, Canterbury
Property use: Office
Floor area: 2,450-2450m2
Land area: 18200m2
Price: To be sold by deadline sale (by 25 Jul)
This is a unique opportunity for the value added buyer looking to secure significant land holding, with development potential with the added benefit of considerable holding income. The property adjoins Mairehau High School to the West boundary and enjoys easy access to the Central City and northbound out of Christchurch. It is a great opportunity for astute investors and developers to take an already well performing commercial asset and add significant value.

The property is situated on a large land holding of 1.8180ha with 5 existing structures used for accommodation with circa 4000m² of surplus development land for further development.

The vendor has enjoyed good returns over his ownership, however is now motivated to sell the property and allow someone else the opportunity to take the property and maximize its potential value.

Call the sole agents now for further details!

 
Features:
* 1.8180ha land holding
* Significant holding income ($452K) net pa
* Vast tenant fitout improvements completed by current tenant
* Insurance claims to be settled & transferred
* Significant add value opportunity
* Adjacent to major High School
* Surplus land

Agency reference #: 206842
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Deadline sale
541 Innes Road, Mairehau, Mairehau, Christchurch City, Canterbury
Deadline sale
Listed: Tue 26 Jun, 11:00 am
Will Franks
Colliers International Christchurch, Licensed Agent (REAA 2008)
  • Contact details
  •  (027) 2500130

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Agent's details

Will Franks
  •  (027) 2500130
Courtney Doig
  •  (03) 3657887
  •  (021) 991251
Colliers International Christchurch, Licensed Agent (REAA 2008)
(03) 3657887
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