Modern investment or owner occupier opportunity

3/55, Princess Street, Riccarton, Christchurch City

Price On Application

Proposed Usage
Office
Floor Area
777.00 m²
Description:
Property ID
1blx9v6

Modern two level office with 35 car parks 94% NBS
Cunningham Lindsay Insurance - four year lease term from October 2013
Earthquake Commission - lease expires April 2017
Vodafone cell tower - sx year lease plus RoR
Good spread of risk
35 on-site car parks
Popular Riccarton location
Asking price $2,600,000 + GST (if any)
Recent registered valuation at $2,850,000
Currently both levels leased however EQC vacate in April 2017 providing opportunity to purchase and occupy

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Riccarton Area