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 431m2*, office of 95m2* plus mezzanine of 17.5m2*. Total 543.5m2*.

'Area 2' is leased and is a further 191m2* 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 (9*). Total building area of 734.50m2*.

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 Melissa Brown 021 273 0074 for further information and to arrange your inspection.

For Sale: By Negotiation + GST (if any)

https://rwcchristchurch.co.nz