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

Sockburn, Christchurch City

Expressions Of Interest

Proposed Usage
Floor Area
1638.50 m²
Land Area
7331.00 m²
Property ID

Industrial "Cash Cow" in top Sockburn location
Leasehold investment returning $82,606*pa estimated 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? (*approx.)

For Sale: By Negotiation + GST (if any)

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

Enquire about this property

Sockburn Area