Growth you can count on

320, Cashel Street, City Centre, Christchurch City

Price On Application

Proposed Usage
Office
Floor Area
1018.00 m²
Land Area
1659.00 m²
Description:
Property ID
1c3mdsx

Deadline Sale
(unless sold prior)
4pm, Thurs 6 Dec 2018

- 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.

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City Centre Area