Description
High Profile retail premises in increasingly popular area. Good tenant demand, own title. Current tenant in place since 1998. Excellent investment opportunity, as property conservatively based well below market value, estimated to be between $23,000 - $25,000 per annum. Located in a good retail area with main road access. Part Town Section 75, CT 30F/740. Zoned Central City. The property is identified on City Planning Maps 39C of the District Plan of the Christchurch City Council The property will be sold, tenanted at $395,000 per annum plus GST. Current rental $12,724 per annum plus GST. Rent review 6th December 2007, Terms 3 years, ends 2007, ROR 2 x 3 years Area Available 101sqm, ground floor 85sqm, first floor 55sqm, total 1402sqm approx
Was for Sale
- Publish Date: 11-04-2007 13:51:09
- Contact name: David Tudehope
- 73 times displayed
- Location: New Zealand
- Business: Cowdy & Company - Christchurch
- Status: sold
- Price: $365000
