6 Year Lease - 7.5% Return Innovation Precinct

7/ 245, Saint Asaph Street, City Centre, Christchurch City

$1,100,000

Proposed Usage
Office
Floor Area
234.00 m²
Description:
Property ID
1bzhbz2

As sole marketing agent, Savills is pleased to present Unit 7, 245 St Asaph Street to the market for sale with an asking price of $1,100,000 + GST (if any) with a Deadline Closing 4:00pm Wednesday 4 October 2017 (unless sold prior).

A rear opportunity to purchase a fully leased commercial investment located within the vibrant Innovation Precinct. With a new 6 year lease on the ground floor and as asking price of circa 7.5% yield, this will not last long!

For sale by Deadline Private Treaty closing 4:00pm Wednesday 4 October 2017 (Unless sold prior)
Asking price: $1,100,000 + GST (if any)

Call the agent today to request the information memorandum and to arrange a private viewing.

New 6 year lease on ground floor
Levels 1 & 2 3 year leases (commenced April 2017)
Net annual rent: $83,120
Three levels
CCMU Zoned
Innovation Precinct
Modern Complex
Off street parking
Adjacent the popular Little High Eatery

Enquire about this property

City Centre Area