Entry Level Commercial Investment Gem!
If you're considering stepping into commercial property investment, this tenanted suburban office unit offers affordable entry-level buying in a superb location, whilst equally being a smart addition to your existing property portfolio. Leased to national tenant Instant Finance, the property is presented to the market for the first time in 25 years.
Located in the bustling Hornby retail precinct adjacent Main South Road, you can take confidence in the property being surrounded by other national brand tenants including Dominos Pizza, Caltex, Dress Smart Outlet mall, McDonalds, PakNSave and The Hub Hornby shopping mall. Servicing the thriving south-west catchment, the property is situated just 10 minutes drive from Christchurch Airport and next to major city arterial routes both north, south and city bound.
Property highlights:
- 112 sqm (approx) of open plan and partitioned office space with separate staffroom and amenity
- Robust single level commercial unit titled structure (59% Structural NBS)
- Leased to national tenant Instant Finance with net rental income of $30,426 per annum +opex & GST
- On-site shared carparking
- Surrounded by strong national tenant brands
- Adjacent major city arterials
- Commercial Core Zone
This investment has served our owners family well but the time has come for a new direction and genuine motivation to see a sold sticker on this property.
Don't delay, call sole agent Dave Calder on 029 200 8073 today for further information and to arrange your viewing.
Viewing is strictly by appointment only.
The property is for sale on a 'plus GST (if any)' basis.
Auction 31 March 2022 (unless sold prior) at Harcourts Grenadier, 98 Moorhouse Avenue.
To download the property files go to:
https://propertyfiles.co.nz/property/CIC56795