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Phillipstown

413 St Asaph Street, Phillipstown, Christchurch

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645sqm Land area SQM
366sqm Floor area

Sought after location, first class tenant


Bayleys proudly presents 413 St Asaph Street, an exceptional investment property that offers a rare opportunity to acquire a sought-after, quality tenanted asset near the highly desirable Fitzgerald Avenue.

This well located property comprises approximately 366sqm of office space with storage, situated on a freehold title of 645sqm, and boasts eleven convenient carparks, adding to its appeal.

With a first class tenant that has a proven track record and multiple locations nationwide, this property guarantees a steady passive income for discerning investors.

Core Highlights:

• Six year initial term with rental growth
• $95,040 net income
• 645sqm freehold land
• 366sqm floor area
• 11 carparks
• Backup generator ensuring an uninterrupted power supply
• Greater than 85% NBS rating
• Excellent location
• Industrial General zoning

The property is for sale by Deadline Private Treaty (unless sold prior) closing 4.00pm Wednesday 26th July 2023.

For any further information you may require, please contact the sole agents today.

For Sale by Deadline Private Treaty
(unless sold prior)

3 Deans Avenue, Chch

26
Jul

Time4pm
Calander
Calendar
Ryan Kerr

Ryan Kerr


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

William Wallace


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

Features

Amenities


Back up generator ensuring an uninterrupted power supply

Floor area


366sqm

Land area


645sqm

Lease term


Six year term with rental growth

Parking


11 car parks

Passing income


Returning $95,040pa net

Seismic (NBS rating)


Greater than 85% NBS rating

Zoning


Industrial General zoning