Growth you can count on
320, Cashel Street, City Centre, Christchurch City
- Proposed Usage
- Floor Area
- 1018.00 m²
- Land Area
- 1659.00 m²
- Property ID
- Multiple tenants spread investment risk
- Significant built-in rental growth
- Recently refurbished and strengthened
- Long term future redevelopment opportunities
It's not often you come across an investment with substantial growth provided with certainty, however, 320 Cashel Street benefits from a circa 36% increase in Fuzzy's Foodmart's rental in year three. This significant lift provides an overall rental increase of 7.3%. Combine the guaranteed increase, quality tenants, proximity to the Multi-Use Arena site and redevelopment potential, and you will find this property will prove to be a quality investment for years to come.
Contact the agent today to arrange a viewing. *For more information, copy and paste www.propertyfiles.co.nz/property/558700 into your address bar.