Don't Miss Out This Time Around...

45, Carmen Road, Hornby, Christchurch City

Price On Application

Proposed Usage
Floor Area
468.00 m²
Property ID

$2,400,000 ono.
With all relevant council compliance issues now resolved, this fantastic property is available for you to purchase at a healthy 6.87% net return, following a collapsed sale.

- Returning $164,834pa plus GST and outgoings
- Regular rent review mechanisms
- 5 years remaining on the initial lease term of 8 years, with ROR
- Prime North facing Hornby address
- National tenant, GAS whom trade in over 120 sites nationwide
The new owner will benefit from this passive investment well-located on the Corner of Carmen Road (SH1) and Waterloo Road - allowing the site profile to significant traffic counts and allowing easy access and egress via the controlled intersection.
Call the sole agent today for your information memorandum.

Enquire about this property

Hornby Area