430 St Asaph Street, Phillipstown, Christchurch City

430 St Asaph Street, Phillipstown, Christchurch City City Fringe, Freehold Industrial Investment

This stylish leased investment is on the market for genuine sale. The vendor is motivated to sell the property and has two other neighbouring properties which can be separately purchased. The property lies on a freehold city fringe title with good car parking / yard space at the rear of the site.  

 

The property is leased to a successful dance studio who pay a net rental of $57,000 + GST + OPEX per annum. The property is very well set up for the tenant's business, with recent refurbishments completed. The improvements are tidy and well presented.

 

The building has pedestrian access at the front of the site and a roller door access into the warehouse at the rear. The buildings consist of funky office space, dance studio, warehouse and mezzanine office areas.

 

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.

Features:

* Land Area: 589 square metres

* Building Area: 400 square metres

* Recent refurbishments

* Leased Investment

* North Facing

* City Fringe Location