A simple proposition

70, Langdons Road, Papanui, Christchurch City

Price On Application

Proposed Usage
Floor Area
252.80 m²
Land Area
580.00 m²
Property ID

A nine year initial lease term to popular fitness franchise F45 Papanui underlines the value offered by this new single level 242.8sqm building sitting on 580sqm of freehold land. Substantial on site parking provides convenient sealed and marked spaces for clients and staff and the north facing aspect addresses the large green space created by the developers as a stormwater swale to provide a landscaped, leafy outlook.
This is a simple to understand investment with a brand new single level building and a high profile tenant on a long lease in a growing prestigious business park, all at an entry level price. Investments of this calibre are difficult to find at this price point and with development of new retail and office premises continuing on adjacent sites the wider Papanui commercial area is growing. Designed by Richard Tunstall of Architecture Studio, this building has been constructed to permit easy reconfiguration to office or retail use.
New national tenants such as Briscoes, Rebel Sport and others have already recognised the opportunity afforded by growth in Papanui. Now comes an opportunity for an astute investor to leverage the benefits of the area with this unique ownership proposition.

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Papanui Area