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Diverse tenants, reliable returns

9 Gerald Street, Lincoln

Investment Opportunities
dollar

Negotiation

Floor area
561m2
Land area
1619m2
Title type
Freehold
On this page:

Map

Property details

Listing # 5527198 | Listed on 30 May

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

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