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10 Winston Avenue, Papanui, Canterbury, 0 Bedrooms, 0 Bathrooms, Retail Property

Auction

10 Winston Avenue, Papanui, Canterbury

179m2
607m2
Retail PropertyListed on Thu Feb 8
$6,535/Monthly repayments
Based on estimate value
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Papanui Strategically Located Investment

Our highly motivated owner has issued strict instructions that this property must be sold.

Leased to thriving hair salon, Sherbet, this property is centrally situated on Winston Ave and surrounded by many other busy businesses creating a bustling enclave of commercial activities.

The tenant also sublets to a complimenting coffee/lunch bar.

Situated adjacent to the intersection of Harewood, Papanui and Main North Roads, Winston Avenue is handy to all arterial routes and is central within the suburban hub of Papanui and within a block of Northlands Mall.

- Commercial Core Zone

- Rental income - $66,000 + opex & gst

- Opex recoverable from the tenant (apart from management expenses)

- 9 x onsite carparks

- Market reviews 2 yearly (next available 1 July 2024)

- Renewal options through to June 2028

To avoid disappointment, we encourage your early registration of interest.

To arrange an inspection, please contact Paul Middleditch 027 276 7047or Ivana Youn on 022 364 2632

To access the Property Documents, click on this link, scroll down to Property Documents and click on the red 'Request' tab

https://www.naiharcourts.co.nz/CIC59722#documents

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Ref:CIC59722Last update:2024-06-01 15:18:11