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Commercial

Sydenham Christchurch City 8011

Sold for $650,000 on 5 Oct 2016
  • Building: 200m²
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Commercial in Sydenham

Investment Strip of Shops

  • Building: 200m²

Small block of high profile Colombo Street shops fully leased and consisting of a hairdresser, beauty shop, dairy and souvlaki takeaway. Returning an estimated net rental of $45,216.96pa* + GST + outgoings. Great exposure to around 15,000 vehicles passing each day. Close street parking for customers. Building currently 50.4% NBS. Advantaged by being situated on its own freehold title. Investments in this price bracket are hard to come by. (* approx.)

Call Paula Raine 027 221 4997 for further information.

SOLD

Property ID:

CCM23062

Building:

200m²

Zone:

B2

Share:

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply