For Sale - $1400000

Description

Profile: Inner Sydenham warehouse which has been completely renovated inside and out. High stud warehouse, container height door with excellent access. Currently rented to multi national company for $120,000 pa + GST + Outgoings. Location: Central Sydenham location with excellent access to city and major arterial roads. Legal Description: Estate in Fee Simple Deposited Plan RS42084 Certificate of Title CB30A/1023 Zoning: Zoned B3 Inner City Industrial The property is identified on City Planning Maps 46A & B of the District Plan of the Christchurch City Council. Financial Analysis The property will be sold with: Tenanted at $1,500,000 + GST if any 2 year lease at $120,000 pa + GST + Outgoings until November 2007 Rates 4,326.50 pa Insurance $1,900 pa + GST Area Available: Ground floor 172sqm 1st floor 138sqm Warehouse 1170sqm Total 1480sqm Land area 1533sqm