240 Barrington Street, Barrington, Christchurch

High profile retail investment

Bayleys is pleased to introduce this secure investment opportunity to the marketplace for sale.

• Dual tenancies: Two well-established businesses ensure diverse income streams.
• Strong income: A combined net income of $62,000pa providing a solid return on investment.
• High visibility: Located on Barrington Street, a bustling area with significant foot traffic and visibility.

Take advantage of this exceptional commercial real estate opportunity. With a Weighted Average Lease Term (WALT) of 3.46 years, this property promises consistent cash flow while benefiting from its prime location on Barrington Street, attracting both foot traffic and nearly 15,000 vehicles per day.

This property is ideal for investors looking to expand their portfolio. Don't miss out on the chance to secure a prime piece of commercial real estate!

Contact the sole agents to arrange an inspection today.

To assist purchasers with their assessment of the offering an online due diligence data room is available: propertyfiles.co.nz/5525442