Prime investment - new 14 year lease

520, Waterloo Road, Islington, Christchurch City

By Negotiation

Proposed Usage
Industrial
Floor Area
2597.00 m²
Land Area
8051.00 m²
Description:
Property ID
1c4xmw2

• Freehold site of 8,051sqm
• 2,590sqm (approximately) floor area
• New 14 year net lease returning $750,000 + GST

520 Waterloo Road provides an exceptional opportunity for investors to secure a state of the art food grade facility. This property offers a significant cashflow opportunity with a brand new 14 year net lease of $750,000pa + GST to commence upon the unconditional sale.

The Waterloo Business Park site benefits from a strategic location at the Western edge of Christchurch; 10km to Christchurch Airport, 25km to The Port of Lyttleton, and 14km to the Western CBD fringe. The Business Park is advantaged by superior access to main arterials and State Highway 1 (Main South Road) The Business Park is home to key tenants such as Cardinal Logistics, Connetics, Mainfreight, Vulcan Steel and Sorted Logistics.

Tom Davison
021 880 733
tom.davison@bayleys.co.nz

Nick O'Styke
027 696 9801
Nick.O'Styke@bayleyscanterbury.co.nz

Enquire about this property

Islington Area