10%pa Net Return, 16 Year Lease + 2 x 10 Year ...

Sockburn, Christchurch City

Price On Application

Proposed Usage
Industrial
Floor Area
243.00 m²
Land Area
7331.00 m²
Description:
Property ID
1c2xhlb

10%pa Net Return, 16 Year Lease + 2 x 10 Year R.O.R.

• Industrial "Cash Cow" in top Sockburn location
• Leasehold investment returning $82,606*pa net + GST
• Established tenant on a new long 16 year lease + 2 further ROR's of 10 years each
• 1,638m2 building at greater than 67% NBS
• Multiple access points on 170m.* frontage and rear railway siding
• Large underdeveloped leasehold land area of 7,331m2 with only 22% site coverage
• Superb opportunity to secure an industrial investment to add to your portfolio with a very long lease, excellent cash flow and possibly yielding a high 10% return?

For Sale: By Negotiation + GST (if any)

(*approx.)
For further information please call Sole Agent Bryan Ashworth on 021 212 9308 or (03) 379 4120

Enquire about this property

Sockburn Area