Colliers is pleased to present 527 Sawyers Arms Road, Harewood, to the market for sale.
This multi-tenanted investment lies on a prime leasehold corner site with excellent profile. Located close to Christchurch International Airport and major arterial motorways.
The opportunity allows a purchaser to enjoy a long-term investment return from six separate tenants. The return on this property will be higher than other investments currently in the market and should appeal to those seeking a high-yielding asset with spread of risk from multiple income sources.
The large corner site has two road frontages with dual access points.
The property comprises a mix of improvements including workshops/warehouses, accommodation, restaurant and bar, 'Z Energy' fueling station and a large sealed yard, appealing to a wide range of transport operators among many other potential uses.
The site lies on ECan leasehold land, with further information available to purchasers on request.
Asking Price $1,850,000 + GST (if any)
Call the sole agents to arrange a site visit or request further information
*Boundary lines are indicative only
Features:
- Current net rental: $155,783 per annum + GST and OPEX
- Six separate tenants
- Significant 1.2457 Hectare Site
- Multiple on-site improvements
- Close proximity to airport and major arterial roads
- High yielding investment
More information: https://www.colliers.co.nz/p-NZL67019394
