48 Fitzgerald Avenue, Christchurch Central, Canterbury

48 Fitzgerald Avenue, Christchurch Central, Canterbury 8% Net Return – Owner Wants Sold!

The owner has instructed to get this sold and priced accordingly!

48 Fitzgerald Avenue is a modern office building in a prominent location with an abundance of on-site car parks and a good mix of quality tenants.

The offering presents a fantastic opportunity to acquire a high-profile quality office building spread across three titles which provides great spread of risk and future upside.

This multi-tenanted investment is anchored by founding tenants such as Ford Baker, Woods Consultants and Fortitude Financial. These longstanding tenants provide excellent security of cash flow.

Investment Highlights:

· Long-serving and established anchor tenants

· Great mix of tenants

· Large Depreciation benefit still to be utilised to assist with your purchase and increase potential returns

· High quality fit-out

· Comprised of three separate titles to spread risk

· Net lettable area: 1,591sqm (approx.)

· Net rental: $496,773pa + GST + Opex

· Established location bordering the CBD

· 49 on-site car and three access points

The opportunity to purchase an asset of this quality does not present very often. We strongly recommend your early consideration of this outstanding investment.