Investment - New 10 Year Lease 10% Return

1-5, Smarts Road, Hornby, Christchurch City

$13,000,000

Proposed Usage
Industrial
Floor Area
9911.00 m²
Land Area
19534.00 m²
Description:
Property ID
1bpr82v



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.

Enquire about this property

Hornby Area