16-22 Markham Street and 23 Douglas Road, Amberley, Hurunui

Mixed-use with upside - vendor retiring

• 5,205sqm over three titles
• Situated on an intersection of Markham Street and Douglas Road
• Future development prospects providing significant upside
• 70% New Building Standard
• Motivated vendor

The property comprises a mixed-use industrial, retail and residential development held under three separate titles. The principal buildings on the site comprise three industrial buildings and two residential dwellings.

This investment offers future development potential with existing spare land and has four tenancies in place, offering an investment with a spread of risk profile.

The properties are located within the heart of Amberley, 200m west of State Highway 1, 40 minutes north of Christchurch.

Offered to the market with absolute motivation by our determined and retiring vendor.

Residential - $35,100 gross return. Retail/industrial/commercial - $86,972.42 net return. Full tenancy details are available on request.

To assist purchasers with their assessment of the offering an online due diligence data room is available: propertyfiles.co.nz/5524762

Please note: Three portacom offices on-site that are tenant-owned.