UNDER OFFER Prime Strategic Investment
45, Carmen Road, Hornby, Christchurch City
- Proposed Usage
- Floor Area
- 468.00 m²
- Property ID
Exceptional investment property available for you to secure with a healthy income stream.
- 2,256sqm land area
- 468sqm (approximate) retail floor area
- 25 car parks
- Net rental $161,338.91pa plus GST and outgoings
8 year initial term lease commenced 1st June 2014, with three rights of renewal of four years each complete with a mixture of market and CPI rent review mechanisms.
This property is strategically positioned, on the corner of Carmen Road (SH1) and high profile Waterloo Road taking advantage of huge daily traffic counts, a controlled intersection and dual access. This investment is very well located and poised to capitalise on the growth in the surrounding area..