140-144 Hazeldean Road, Addington, Christchurch

Prime north-facing industrial investment

Bayleys are pleased to be presenting this asset to the market for the first time in almost 40 years.

140 - 144 Hazeldean Road is a property not to be missed. This is a rare opportunity to purchase a freehold tenanted investment in Addington. Currently returning $127,937 + GST and outgoings to an established tenant STR Fabrication Limited.

Features:
• 67% NBS + strengthening work has been completed
• North-facing asset
• Large freehold title - 1,817sqm (more or less)
• Circa 12 plus on-site parks behind the property's secure boundary fence
• Kiosk rental $363pa plus GST
• Total site return $128,300 plus GST and outgoings
• Total floor area - 1,311sqm (more or less)

For more detail on this fantastic opportunity contact the sole agents.
For property files copy and paste the following link: https://www.propertyfiles.co.nz/5521440