Large scale Middleton industrial investment
30-32, Birmingham Drive, Middleton, Christchurch City
Price On Application
- Proposed Usage
- Floor Area
- 8876.00 m²
- Land Area
- 18876.00 m²
- Property ID
(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.
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