Don't Miss Out This Time Around...

45, Carmen Road, Hornby, Christchurch City

Price On Application

Proposed Usage
Retail
Floor Area
468.00 m²
Description:
Property ID
1btmyjh

$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.

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Hornby Area