434 St Asaph Street, Phillipstown, Christchurch City

Colliers present this entry level industrial investment to the market for genuine sale. The property is very conventional consisting of clear span warehouse and a security fenced yard area. The building is tidy with earthquake strengthening completed.

The property is leased to a vehicle sales business and returns $36,000 + GST + OPEX per annum. The site faces north and lies just outside the CBD. The property has easy access and is well connected to major aerial roads.

The site is secure with security fencing. The vendor is motivated to sell this property and has two other neighbouring properties that can be separately purchased.

This conventional industrial investment is in a desirable price bracket for entry level investors.

The tenant, Auto Depot Christchurch has been successfully trading from the site for 14 years and have been a good tenant for the current owners.

Call the sole agents to request a viewing or further information. 

For sale by Auction: 10am, Thursday 21 November 2024 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.

*Boundary lines are indicative only.

Features:

* Land area: 617 square metres

* Building area: 440 square metres

* North facing

* Leased investment

* Conventional warehouse/yard