Prime Investment Opportunity in New Business Park

20, Frank Coxon Road, Belfast, Christchurch City

$1,830,000

Proposed Usage
Industrial
Floor Area
748.00 m²
Land Area
3490.00 m²
Description:
Property ID
1c5m44t

- New 6 year lease-back from settlement
- Returning $127,775 + GST pa (net) * rental based on valuation
- 748sqm as new premise, sited well on a 3,490sqm parcel of land
- 21% site coverage

20 Frank Coxon provides a very rare opportunity for you to secure a prime freehold investment situated within the coveted Belfast Business Park. This is a sale and lease back opportunity from the vastly experienced and successful owner operator who operates his two businesses from the property. One business is manufacturing outdoor concrete pavers and are distributed nationwide. The other business is supplying and installing Narellan pools throughout the South Island. Both of these businesses require large amounts of yard space in order to store the pools onsite and the pellets of tiles waiting to be shipped.

The building, built in 2017, is 748sqm in size and sits on a 3,490sqm parcel of land. The building is 264sqm of office and amenities over two levels and a warehouse floor area of 484sqm with three container height roller doors. The building presents as new and allows a high level of both office accommodation and functional warehouse space.

The property will soon be further benefited by easy access to the Northern Motorway extension and is surrounded by quality new properties and businesses.

Call the sole agent today for further information today .

Enquire about this property

Belfast Area