Repair/occupy or release

378-380, Cashel Street, Phillipstown, Christchurch City


Proposed Usage
Property ID

Auction (unless sold prior)
12pm, Thurs 12 Apr 2018
3 Deans Avenue, Christchurch

- Industrial (with large yard)
- Dual street access
- Two titles
- Currently insured
- Zone - Industrial General
- Land - 2,189sqm
- Building - 1,016.62sqm

Opportunity to repair and occupy or re-lease for investment purposes. An internal block wall has been replaced by the owners and a DEE engineering report undertaken. This shows the current N.B.S at 34%-36%. The property is currently insured with the insurance company indicating interest in insuring a new owner.

The property at 378-380 Cashel Street comprises a mixed age industrial building with showroom, office amenities and a range of store warehousing, dangerous good store, sealed yard and car parking.

The showroom faces onto Cashel Street with vehicle access to the front and along the side of the property to the rear yard area, roller doors and drive through access to Essex Street.

The property has been occupied by the Sparex/Agripower group since the mid 1990s until recently vacated in February 2018.

Please contact George Phillips for more information or to arrange a viewing.

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Phillipstown Area