Sydenham - Excellent Split Risk Investment

Price
Location 300 Colombo Street, Sydenham
Type Retail Property
Floor Area 1592 m2
Land 4340 m2
Listing No # RX4348723
Listed 26/11/2024
Views 18

Description

Welcome to an exceptional opportunity in the heart of Christchurch. This commercial building is fully leased and strategically positioned to maximise its potential. Whether you're an astute investor or a family trust seeking a bottom drawer investment opportunity, this property is sure to capture your attention. Don't miss out on this rare chance to own a long-term investment that offers both security and rental growth.

Featuring:

  • Fully leased to a mix of local and national tenants
  • Land consisting 4,340m²
  • Lettable area approx. 1,592m² with 62 carparks
  • Total Rental $375,097 Net
  • Tightly held location, high vehicle movements
  • Extremely rare opportunity, the first chance to purchase in 20 years
  • Generous on-site carparking for convenience and accessibility
  • Freehold titles ensuring long-term ownership benefits
  • Potential options to increase income for greater returns
  • Just 2km from Christchurch's Core Central City, providing amenities to southern suburbs
  • Split risk multi-tenanted asset for diversified investment
  • Purpose-built retail space for optimal functionality
  • Long-term leases provide security and rental growth

With its prime location and solid leasing arrangements, this property is an outstanding opportunity not to be missed. If you're looking to secure a reliable income stream, this investment ticks all the boxes.

Act swiftly to register your interest. Don't let this remarkable chance slip through your fingers. Contact Bruce or Sam today and take the first step towards securing this property.

By Negotiation

To download the property file, please copy & paste the following link: https://www.propertyfiles.co.nz/property/RX3737934

Contact our agents

Bruce McPhail

P: 03 35 5 6555
M: 027 43 0 4059

Cowdy (Licensed: REAA 2008) - Christchurch

29 Papanui Road
CHRISTCHURCH , 8014


Sam Cowdy

P: 03 35 5 6555
M: 021 36 5 605

Cowdy (Licensed: REAA 2008) - Christchurch

29 Papanui Road
CHRISTCHURCH , 8014


RealEstate Agents contact details and original listing on www.realestate.co.nz -

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