A Deal to be Done

Unit 15,2, Barry Hogan Place, Riccarton, Christchurch City

$124,060 per annum

Proposed Usage
Floor Area
633.00 m²
Property ID

For Sale or Lease

- 633 square metres of quality office over two floors
- Each floor Is self contained
- Owner/occupier lease for investment
- 14 car parks right outside the door
- 95% New Building Standard

This desirable two-level office building was constructed in 2008 and is part of the successful "Work Station 55" Business park adjacent to Tower Junction. Currently leased to the Earthquake Commission at $198,804 net per annum, their lease expires on the 18th October 2017.

The current owner has taken market advice and accordingly has priced the leasing rate and sale price at "today's market rates" Asking lease is a sharp $124,060 net per annum which represents just $180sqm for the quality office space, and the sale asking price is $1,650,000 plus GST (if any).

Clearly the owner has priced the property for a deal to be done. Purchase now and pick up the remaining rent from EQC.

Owner/Occupiers, Tenants and Investors, this is worthy of your consideration.
Contact the sole agents today.

Enquire about this property

Riccarton Area