MULTI TENANTED CENTRAL CITY INVESTMENT!

27-29, Walker Street, City Centre, Christchurch City

Auction

Proposed Usage
Industrial
Floor Area
865.00 m²
Land Area
835.00 m²
Description:
Property ID
1c3rjhr



27-29 Walker Street presents a very rare opportunity to secure a multi tenanted Industrial investment in Christchurch’s central city. Investments of this calibre and prime location are usually very tightly held, so this investment offering is not to be missed! The property is split into two tenancy areas and is occupied by two quality long standing tenants: First Direct Taxis and City Auto Services. The combined rental is currently $98,154 per annum plus GST and OPEX. Both tenants have occupied the site for well over 10 years.

The property comprises of quality offices and showroom, functional warehouse space and onsite car parking. The property lies within the heart of the central city amongst a high growth area, comprising of key nearby landmarks such as the Justice Prescient, Oxford Terrace and the Christchurch Hospital and medical prescient. The property has easy access from either Montreal Street or Durham Street South. The general area is undergoing significant enhancement, with many exciting developments planned or currently underway within close proximity.  

In 2017 the property has had a considerable amount of money sent of refurbishment and has also been structurally upgraded to a minimum of 67% of the New Building Standard. Full documentation is available upon request.

Contact the sole agents to discuss this opportunity further or to arrange an inspection.

For sale by Auction, 10am 13 December 2018 at Colliers Auction Room- Level 1, 181 High Street, Christchurch (unless sold prior).

Enquire about this property

City Centre Area