Looking for a higher yield investment?

49, Curries Road, Woolston, Christchurch City

By Negotiation

Proposed Usage
Industrial
Floor Area
7351.00 m²
Description:
Property ID
1bhgrrd

Well situated in the Woolston/Hillsborough area just off Port Hills Road (SH73) and close to the Port.

Land area - 1.2 hectares
Net lettable area - 7,351sqm
Zoning - Business 4 (Industrial)
Current return - $603,520.00 + GST + Outgoings
Occupancy - 3 national tenants
Building code - front building 67% / rear building 75%
Purchase price - 8% or higher expected

A great opportunity to purchase this fully leased industrial property which has a large dry goods storage, canopy, two level offices and separate coldstore building on a 1.2 Hectare site.
Currently the property has three strong tenants being Visa Global Logistics Limited, Move Logistics Limited and Polarcold Stores Limited returning a total rental of $603,520.00 + GST + Outgoings.

Contact the Sole Agent, Scott Bentley today.

Enquire about this property

Woolston Area