Industrial Buildings for Sale

Sockburn 

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  • Building: 243m²
  • Land: 7,331m² (1.81 acres)

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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)
  • 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

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