Sold
Retail Property

Wainoni Christchurch City 8061

Sold for $688,888 on 13 Oct 2017
  • Building: 470m²
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Retail Property in Wainoni

Strip Shop Investment

  • Building: 470m²

A block of 8 suburban shops well situated on a 703m2* corner site overlooking the Avon River and Porritt Park. These multi-tenanted strip shops offer an investor a generous cashflow along with potential upside. Currently returning $89,219pa*. Currently the complex contains 7 tenancies plus 1 vacancy providing a buyer with good spread of risk along with the potential to enhance both the building and rental further. Leases and DEE report available upon request. To be sold on an as is where is basis. (* approx.)

For further information please contact Sole Agent Paula Raine on 027 221 4997 or (03) 379 4120

Sold

Property ID:

CCM23681

Building:

470m²

Zone:

B1

Wainoni, Christchurch City