293 Colombo Street, Sydenham, Christchurch

Fully leased retail site with huge profile

- High Traffic Location: exposure from an average of 16,500 passing vehicles per day
- Net Income: $225,000 per year net (approximately)
- Weighted Average Lease Term: 4.21 years

Invest in the historic Firehouse Site strip mall site, a thriving redeveloped and modern commercial hub in Sydenham. This property is home to seven well-established tenants, generating a substantial net income of approximately $225,000 net annually. The owner has recently invested significant capital in site improvements, including new landscaping and a refurbished parking area, enhancing both the property's usability and appeal.
This high-profile site in Sydenham offers a rare opportunity to acquire a lucrative, fully tenanted strip mall with a solid income stream and potential for future growth. The strategic location, coupled with recent enhancements, makes this an attractive investment for discerning buyers.

Contact the sole agents today for more information on this fantastic opportunity.