Fully Tenanted Industrial Investment
Modern warehouse/office building of over 1,400m2* in Addington, well leased long term to Airtech NZ Limited for 8 years from April 2018 (plus ROR's ), returning $200,000pa + GST + outgoings. Airtech have occupied the property since 2010. Their core business is offering specialist expertise in commercial building services throughout New Zealand. Well located in the popular industrial area of Addington close to the Central City.
The value of the property is underpinned by a large land area of 1,638m2 which also provides a generous car parking area (25). This investment will attract an investor looking for a hassle free addition to their commercial portfolio. Currently 68% NBS. (* approx.)
Call sole agent Paula Raine 027 221 4997 for an information pack and to arrange an appointment to view.
Deadline Sale extended due to COVID-19 Level 4 lockdown, now Closing 4pm Wednesday 1st September 2021 at Level 2, 76 Hereford Street, Christchurch (unless sold prior)