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Hornby

54 Waterloo Road, Hornby, Christchurch

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2,030sqm Land area SQM
1,147sqm Floor area

Impressive Industrial Investment


For Sale by way of Auction at 12pm, Thursday, 4 July 2024 (unless sold prior)

- New ten year lease returning $180,000 per annum net
- Well-established tenant covenant
- Strategically located in a prime industrial location
- Post-earthquake 100% NBS modern build

54 Waterloo Road offers an exceptionally rare investment opportunity. Positioned in the heart of Hornby, one of Christchurch's premier industrial locations, on popular and well-known Waterloo Road this immaculate property comes complete with a new ten year lease-back to a well established Australasian business, Multispares N.Z. Limited returning $180,000 net per annum. Constructed in 2018, the property consists of high quality clear-span warehouse accompanied by impressive office and amenities of conventional ratio on a regular-shaped freehold site with excellent street profile to Waterloo Road complete with ample car parking and dual entry points allowing ease of access for truck and car movements alike.

Seldom do bottom-drawer opportunities like this one come to the market, so do not hesitate to contact the sole agent today for further information - you will be glad you did.

Auction
(unless sold prior)

3 Deans Avenue, Chch

4
Jul

Time12pm
Calander
Calendar
Nick O'Styke

Nick O'Styke


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

Features

Floor area details


1,147sqm (approximately)

Lease


Leased to well-established strong tenant convenant

Prime frontage


to Waterloo Road

Seismic (NBS rating)


post earthquake 100% NBS