Hornby
54 Waterloo Road, Hornby, Christchurch
+11
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.
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
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Property files
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