Westend Riverside - With Upside
61, Cambridge Terrace, City Centre, Christchurch City
- Proposed Usage
- Floor Area
- 914.46 m²
- Land Area
- 682.00 m²
- Auction Date
- 12:00 - Apr 07, 2017
- Property ID
12pm, Fri 7 Apr 2017
(unless sold prior)
3 Deans Ave, Chch
- Stylish Miles Warren Design boutique office building overlooking the Avon and Earthquake Memorial
- Located within the West End of the inner city, surrounded by new commercial buildings and some iconic existing office buildings
- Standalone, five levels with rear parking and freehold
- Suitable for investors or add value purchasers
- Multi tenanted with five tenants
The property will suit an investor or owner occupier with level three and the penthouse being vacant, 231sqm and 64sqm. The property is fully insured. There is a DEE report available which is grade c (above 33% NBS). Engineering and costing reports are available to take the building up to a 67% NBS.
The Net Rental is $189,672.00 + GST p.a. Full tenancy schedule available upon request.
Seldom does the opportunity occur to secure a smaller commercial property like this in such a tranquil setting. .