Investment Sale 7.50% return!
5/36, Lowe Street, Addington, Christchurch City
- Proposed Usage
- Floor Area
- 86.50 m²
- Property ID
Great opportunity to secure a high yielding and brand new commercial property with a fantastic return rate of 7.50% on a new three and a half year lease. Rental of $30,192.50 leased in October last year.
This brand new first floor office unit is leased to a New Zealand IT support and solutions company, boasting a 20 year trading history with offices in Christchurch and Auckland. The property provides long term security to any investor with sought after location and profile, quality of finish and desirable size suitable for a small local business.
Contact Tom for further details and information; lease, title and Pre-settlement disclosure statement on request.