Sydenham
1 Pilgrim Place, Sydenham, Christchurch
+16
Post-earthquake - A-grade investment
Ignore previous marketing - new leases!
• Freehold title
• Multiple income streams
• National brand anchor tenant
• Dual site access
• Close proximity to CBD
1 Pilgrim Place is an exceptional split-risk investment opportunity with strong tenant covenants, multiple uses, and an attractive annual net rental.
It is a rarity to find such a high calibre post-earthquake investment stock with a national brand tenant as an anchor located close to the central city.
The property sits on a 6,739sqm freehold title with 4,026sqm net lettable floor area. Consisting of multiple individual tenancies, underpinned by Co Kids and Nissan, returning $837,027.65 per annum plus GST and outgoings.
Contact the sole agents for further details.
For Property Files, copy and paste the following link: https://www.propertyfiles.co.nz/5524271
Benji Andrews
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Simon Lagan
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Floor area details
4,026sqm in total
Anchor tenants
Co Kids and Nissan
Land area breakdown
6,739sqm
Occupancy
Multiple tenancies
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