Listing #:1701814524

High Yielding - Entry Level Investment!

Location: 46 Curries Road, Hillsborou­gh, Christchur­ch City, Canterbury
Property use: Industrial
Floor area: 750-750m2
Land area: 1100m2
Price: To be sold by auction on 8 Aug
The owner of this smart functional tenanted investment has committed else ware and the property MUST be sold. The conventional property is tenanted to a national tenant (Coin Cascade Ltd) and the building is made up of two levels of office, a large high stud warehouse and comes with 8 car parks.

The property is located in the Hillsborough area has seen a large amount of building development over the past ten years including a high number of significant post earthquake developments such as the new Online Distribution logistics facility, Elastomer Products building, Kathmandu Distribution Centre and New Zealand Express property which are all located in the Portlink Industrial Park, just minutes from Curries Road. Property in the area ranges from larger scale industrial and trade premises to retail and hospitality offerings providing the local workforce with excellent amenity.

This is an entry level commercial investment opportunity and needs to viewed by all. The vendor is motivated to sell and with tenanted industrial investments in this price range are rare, this property is a must see.

For sale by Auction 10am, Wednesday 8 August at Colliers International Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch (unless sold prior).

Building sizes:

• 650m² warehouse **

• 100m² office and amenity **

• 8 car parks

**sizes are indicative only
Features:
* Net rental $65,000 + GST and OPEX PA
* Greater than 67%NBS
* Fully insured
* 1,100m² freehold title
* 750m² building area
* Motivated vendor
* Entry level investment

Agency reference #: 209121
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To be auctioned
46 Curries Road, Hillsborough, Christchurch City, Canterbury
To be auctioned
Listed: Tue 17 Jul, 1:24 pm
Oliver Salt
Colliers International Christchurch, Licensed Agent (REAA 2008)
  • Contact details
  •  (03) 3657887
  •  (027) 8386494

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Agent's details

Oliver Salt
  •  (03) 3657887
  •  (027) 8386494
Will Franks
  •  (027) 2500130
Colliers International Christchurch, Licensed Agent (REAA 2008)
(03) 3657887
Log in or register to email the agent.
Expires: Thu 4 Oct, 5:30 pm
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