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 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
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.

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Riccarton Area