Has to be sold - make an offer

Unit 15,2, Barry Hogan Place, Riccarton, Christchurch City

By Negotiation

Proposed Usage
Floor Area
633.00 m²
Property ID

- 633 square metres of quality office over two floors
- Each floor is self-contained
- Seven car parks right outside the door
- 95% NBS
- Valuation available $1,745,000 + GST if any.

This desirable two-level office building was constructed in 2008 and is part of the successful "Work Station 55" Business park adjacent to Tower Junction. The property benefits from being close to the city centre with excellent linkages to the road and rail transport network. The two levels are independent with full facilities allowing the flexibility to lease separately.

The vendor has taken market advice and accordingly has priced the leasing rate at "today's market rate" being $180sqm, a sharp $124,860 net per annum including car parks.A Telfer Young Valuation completed 12 December 201 at $1,745.000 + GST if any which can be made available to purchasers for finance if required. The previous tenant has completed their make good, providing the new owner or tenant with a freshly refurbished, quality office space.

The vendor needs this property sold and will consider all reasonable offers.

Owner/occupiers, tenants and investors, this is worthy of your consideration.

For more information google www.propertyfiles.co.nz/property/555149

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Riccarton Area