Addington Christchurch City 8011

Available for sale or lease is this tidy industrial building in popular Addington. Excellent location being only 2 blocks back from Moorhouse Avenue, so your business is well positioned being only minutes away from the CBD and main arterials to access the city from.

'Area 1' is vacant and available for lease or to own and occupy. It has a warehouse of 438.85m2*, office of 87.17m2* plus mezzanine of 18.06m2*. Total 544.08m2*.
'Area 2' is leased and is a further 198.2m2* of warehouse/office space. It is leased for 3 years generating a rental income of $20,825pa + GST + outgoings.

This building provides you the unique opportunity to own the whole building and either occupy or lease out the vacant 'Area 1' whilst collecting the rent from 'Area 2' to help pay your mortgage. Alternatively it also allows you room to expand your business into Area 2 at a later date, after the current lease expires, if you require it.

The building is advantaged by having been strengthened to a seismic rating greater than 67% NBS, has high electric roller doors, 3 phase power, amenities (including a shower) and excellent onsite carparking (8*). Total building area of 742.28m2*.

Situated on its own freehold title, so no body corp hassles here, which provides a large underlying land area of 950m2*. Zoned Industrial General.

This presents an ideal opportunity for you to either: lease; own & occupy; or invest! (* approx.)

Call sole agents Brooklyn Codyre 022 322 8309 or Melissa Brown 021 273 0074 for further information and to arrange your inspection.

For Lease: By Negotiation + GST + outgoings

https://rwcchristchurch.co.nz/