Multi tenanted leased investment

Unit 1/48, Fitzgerald Avenue, City Centre, Christchurch City

Price On Application

Proposed Usage
Industrial
Floor Area
593.00 m²
Description:
Property ID
1bt9rk2

FOR SALE – Brand new industrial unit located at 48 Fitzgerald Avenue

The site is occupied by two tenants with the combined net rental being $120,690pa on 5 year lease terms. Fixed rental increases plus market rent reviews ensure future rental growth.

The premises consists of high stud warehouse complimented by two full height container doors at each end for inward & outward goods. Dual access site with access from both Fitzgerald Ave & Leeds St. Modern ground floor showroom & amenities, and sunny north facing first floor office space.

Key Investment Attributes:
Two 5 year Leases
Net rental $120,690pa
Fixed rental increases plus market reviews
High profile central location
Dual street access
100% NBS

Areas:
347m2 Warehouse
156 Ground Floor Office
90m2 Showroom
156m2 First Floor Office
16 Car parks


Contact Elliot or Sam for further information & viewing.

Enquire about this property

City Centre Area