CBRE is pleased to market 35 Acheron Drive, Riccarton for sale.
This is an exceptional opportunity to acquire a well-positioned commercial asset in one of Christchurch's most established commercial precinct. Strategically located in the heart of Riccarton, this investment benefits from strong surrounding amenity, high traffic exposure and future re-development potential under the New Neighbourhood Zone (NCZ).
The property comprises a 755sqm standalone building on a 1,511sqm freehold site, offering dual access from both Blenheim Rd and Acheron Dr. The site include 12 on-site car parks.
Fully leased to long-standing tenants, provides a stable income stream with fixed rental growth.
Investment highlights:
• Building area: 755sqm*
• Freehold land area: 1,511sqm*
• 12 on-site car parks
• Surrounding Blenheim Square amenity includes Chemist Warehouse, Kosco, Couplands Bakery and more
• Secure income stream: $147,000 pa + GST + OPEX
• Rental growth potential
For more information contact Paul Brown today.
*Approx.