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 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