Investment - New 10 Year Lease 10% Return
1-5, Smarts Road, Hornby, Christchurch City
- Proposed Usage
- Floor Area
- 9911.00 m²
- Land Area
- 19534.00 m²
- Property ID
Enquire about this property
This is what you have been waiting for! A fully leased investment opportunity in the heart of Hornby next to the Hornby Hub. The existing tenant Americold NZ Limited has taken a new 10 year lease from the 1st July 2016.
Sale price of $13,000,000 with a 10% return
The owners have just completed building 4,291.38m² of brand new Coolstore which is insured for replacement value, the balance is insured on an indemnity basis.