Listing #:1702876913

Large scale Middleton industrial investment

Location: 30-32 Birmingham Drive, Middleton, Christchur­ch City, Canterbury
Property use: Industrial
Floor area: 8,875-8876m2
Land area: 18876m2
Price: To be sold by deadline sale (by 16 Aug)
Deadline Sale
(unless sold prior)
4pm,Thurs 16 Aug 2018

- Quality prime industrial investment
- Fully tenanted to PMP Print
- 10 year lease term (seven years remaining)
- Large land holding in Middleton underpins the value

Quality fully tenanted investment properties of this calibre are seldom found in the Christchurch market. A long lease to an Australasian market leader makes this an extremely enticing prospect for large scale investors and funds. With annual income of over $800,000 this is a significant opportunity, underpinned by a substantial land holding in Middleton, one of Christchurch's most favoured industrial precincts. A new 10 year lease signed in June 2015 shows the tenants confidence in the properties ongoing suitability with renewals extending out to 2035.
Don't miss the chance to add this exceptional manufacturing and distribution facility to your property portfolio.

For more information, copy and paste the below link into your browser to access property files.
http://www.propertyfiles.co.nz/property/216710001

Agency reference #: 557835
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Deadline sale
30-32 Birmingham Drive, Middleton, Christchurch City, Canterbury
Deadline sale
Listed: Wed 18 Jul, 10:15 am
Greg Bevin
Bayleys Canterbury - Whalan and Partners Ltd, Licensed Agent (REAA 2008)
  • Contact details
  •  (03) 3754700
  •  (027) 4334374

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Agent's details

Greg Bevin
  •  (03) 3754700
  •  (027) 4334374
Murray Madgwick
  •  (03) 3754700
  •  (021) 2284056
Bayleys Canterbury - Whalan and Partners Ltd, Licensed Agent (REAA 2008)
(03) 3754700
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Expires: Mon 10 Dec, 9:15 am
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