Sold
Retail Property

Christchurch Central 

Sold on 18 Jul 2016
  • Building: 730m²
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Retail Property in Christchurch Central

Investment, As Is Where Is

  • Building: 730m²

Great central city location on busy Manchester Street. Leased to well established business which has been onsite since the building was built circa 1979 under its current name and previous name of Eric Wood Motorcycles Ltd'. Returning $125,000pa net (with PG's). The interior of this building was completely refurbished late 2007 at a cost of $400,000*. The property comprises of a large showroom/display area, maintenance workshop, first floor offices, kitchen, amenities (incl shower) and storeroom mezzanine. It is advantaged by having a secure rear yard area accessed from Atlas Lane.

Neighbouring tenants include Jeff Gray BMW & Mini, Cockram Nissan, Lone Star Restaurant & Bar, Pak n' Save, TVNZ, Acorn Models and Casbolts Honda & Ducati. It also backs onto Fletcher Living's substantial inner city housing development, the 109 home Atlas Quarter' development which will run from Atlas Lane to Welles Street. This improvement to the area will open up new potential uses for this property in the future. (* approx.)

Call sole agent Paula Raine 027 221 4997 for further information.

SOLD

Property ID:

CCM22909

Building:

730m²

Zone:

Ccmu