Modern Blenheim Road Premise
Riccarton, Christchurch City
Price On Application
- Proposed Usage
- Floor Area
- 362.00 m²
- Property ID
Own your own business and want to invest in your next building without the full capital expenditure? Unit 9, 303 Blenheim Road is now available to you on a 1/2 share ownership arrangement with our current long term commercial vendors. Your business can occupy the warehouse and ground floor office/showroom space whilst taking advantage of the secured first floor office tenant and income.
- 254sqm warehouse with 108sqm ground floor office/showroom
- Four car parks (more available if required)
- Rental $49,000pa plus GST and outgoings
- Cone Enterprises (New Zealand Limited) tenant the first floor office suite, returning $24,960pa plus GST and outgoings
- Total rental estimated to be $79,960 allowing a healthy net return of approximately 7.5% on your investment
Asking Price $532,500 for a half share.