Listing #:1694371532

Post Earthquake Buildings with Long Term Leases!

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Location: 23 Cumnor Terrace, Woolston, Christchur­ch City, Canterbury
Property use: Industrial
Floor area: 3,829-3829m2
Land area: 16119m2
Price: To be sold by deadline sale (by 9 Aug)
Colliers are pleased to present 23 Cumnor Terrace to the market for genuine sale. This impressive post earthquake industrial asset contains two modern buildings with two long term tenants! The site is located in the industrial suburb of Woolston, allowing easy access to the Lyttelton Port, new Southern motorway and the Christchurch CBD.

The properties are conventional, well presented and contain two quality tenants; Spectrum Print and Christchurch Powder Coaters which provides a current net passing rental of $462,241 per annum. The site also has a future development angle with 3,363m² currently undeveloped, being ideal for a purchaser wanting future upside, whilst having strong rental income. This opportunity will have appeal to astute investors looking for quality tenants on good lease terms whilst have future upside potential. 

Call the sole agents to obtain further information.

For Sale by Deadline Private Treaty, closing Thursday 9 August 2018
Features:
* $462,241 Current Net Rental
* Land Area: 16,119 square metres
* Building Area: 3,829 square metres
* Quality tenant covenants
* Potential future upside
* Excess development land
* Two post Earthquake buildings

Agency reference #: 208917
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Deadline sale
23 Cumnor Terrace, Woolston, Christchurch City, Canterbury
Deadline sale
Listed: Tue 10 Jul, 2:58 pm
Christian Kellar
Colliers International Christchurch, Licensed Agent (REAA 2008)
  • Contact details
  •  (03) 3657887
  •  (027) 3334057

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Agent's details

Christian Kellar
  •  (03) 3657887
  •  (027) 3334057
Oliver Salt
  •  (03) 3657887
  •  (027) 8386494
Colliers International Christchurch, Licensed Agent (REAA 2008)
(03) 3657887
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Expires: Tue 11 Sep, 2:58 pm
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