Modern Blenheim Road Premise

Riccarton, Christchurch City

Price On Application

Proposed Usage
Office
Floor Area
362.00 m²
Description:
Property ID
1bs2jjt

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 and experienced commercial vendors.
Your business can proudly occupy the warehouse and ground floor office/showroom space whilst taking advantage of the secured first floor office tenant and income.

Property Features

- Well-appointed commercial space
- This property faces north allowing the office and showroom to take advantage of ample natural light
- Separate secure access for the two independent tenancies including seperate power metre boards

Property Size Available for Your Business

- 254sqm warehouse
- 108sqm ground floor office/showroom
- Four car parks (more available if required)
- Rental $55,000pa plus GST and outgoings

Investment Highlights

- 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

Do not delay - contact the agents today.
.

Enquire about this property

Riccarton Area