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Wigram

37 Parkhouse Road and 26 Jipcho Road, Wigram, Christchurch

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1,939sqm Land area SQM
475sqm Floor area

Outstanding location - long term tenant


• Exceptional location on a strategic corner site
• Very successful tenant that trades extremely well
• Opportunity to further develop and add value
• 67% New building standard

This offering is one of Christchurch's most sought-after industrial addresses.

The property is set on a high-profile corner allotment with frontages to Jipcho Road and Parkhouse Road within the prime industrial locality of Wigram.

The long-term, motivated tenant has established and grown an outstanding business with a large customer base.

Offered to the market with absolute motivation by our determined and retiring owner. Call today for further information on this rare investment opportunity - you will be glad you did.

Returning $70,000 per annum plus outgoings and GST. Last rent review actioned in 2015. Full tenancy details available on request.

To assist purchasers with their assessment of the offering an online due diligence data room is available: propertyfiles.co.nz/5525481

Auction
(unless sold prior)

3 Deans Avenue, Chch

5
Dec

Time12pm
Calander
Calendar
Stewart White

Stewart White

Commercial, Industrial and Investment Sales and Leasing

Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Alex White

Alex White

Commercial and Industrial Sales and Leasing

Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Floor area details


475sqm (approximately)

Land area breakdown


1,939sqm (more or less)

Passing income


Returning $70,000pa + GST and outgoings

Zoning


Industrial Heavy