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Industrial Buildings for Sale in Sockburn
16+ Year Lease, Possible 10%pa Net Return?
- Building: 243m²
- Land: 7,331m² (1.81 acres)
Next Steps:
Enquire with agent- Industrial "Cash Cow" in top Sockburn location
- Leasehold investment returning $82,606*pa net + GST
- Established tenant on a new long 16 year lease + 2 further ROR's of 10 years each
- 1,638m2 building at greater than 67% NBS
- Multiple access points on 170m.* frontage and rear railway siding
- Large underdeveloped leasehold land area of 7,331m2 with only 22% site coverage
- Superb opportunity to secure an industrial investment to add to your portfolio with a very long lease, excellent cash flow, possibly yielding a high 10% return?
Deadline Sale closing 4pm, 19th April 2018 in the office of Ray White Commercial, 5 Washington Way, Christchurch. (unless sold prior)
(*approx.)
For further information please call Sole Agent Bryan Ashworth on 021 212 9308 or (03) 379 4120
Property ID:
CCM24057
Building:
243m²
Land:
7,331m² / 1.81 acres
Zone:
Ih
Next Steps:
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