UNDER CONTRACT
- Diversified tenant mix across seven tenancies
- Strategic location in the growing township of Lincoln
- Leases include CPI and market reviews, offering income growth potential
- Mixture of established local businesses and community services
9 Gerald Street offers a secure, multi-tenanted investment in the heart of Lincoln township, returning an annual net rental of $160,443 plus GST and outgoings from seven tenants.
With a wide mix of tenants including hardware retail, community and professional services, and food and beverage, this fully-tenanted property generates stable rental income with upside potential from built-in rental growth mechanisms. The asset benefits from Lincoln’s growing population and proximity to Christchurch, making it a compelling passive investment opportunity in a thriving local centre.
For further information, contact the sole agents today or refer to //www.propertyfiles.co.nz/property/5527198