Listing #:1720028170

Tenanted Investment

Location: 190 Maces Road, Bromley, Christchur­ch City, Canterbury
Property use: Industrial
Floor area: 3,790m2
Land area: 21025m2
Price: Asking price $2,750,000
Current Income $292,928 (approximately)

The property is strategically placed in the heart of this industrial area. The property enjoys a drive through capability between Francella Street and Maces Road.
At present the property is shared between five separate tenancies. These tenancies provide a substantial retail income.

While there is potential for some short term vacancies with the lease agreements, there is income through to 31/08/2023.

The Buildings onsite are in the main timber constructed warehouse space. The total space of some 2,500sqm warehouse space build. In the main with timber there is a total of approximately 2,300sqm.

There is also a temporary office building on the site that is currently tenanted that has no DEE rating, as it is a temporary space.

The remainder of the buildings have DEE reports. 70% plus N.B.S.
This property is ideal for an owner operator or long term development / land bank

Agency reference #: 557926
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Asking price: $2,750,000
190 Maces Road, Bromley, Christchurch City, Canterbury
Asking price: $2,750,000
Listed: Thu 2 Aug, 8:05 am
Terry Connolly
Bayleys Canterbury - Whalan and Partners Ltd, (Licensed: REAA 2008)
  • Contact details
  •  (03) 3754700
  •  (027) 4343006


Agent's details

Terry Connolly
  •  (03) 3754700
  •  (027) 4343006
Bayleys Canterbury - Whalan and Partners Ltd, (Licensed: REAA 2008)
(03) 3754700
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Expires: Mon 24 Dec, 8:30 am
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