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Profile Retail Investment - 8.4% Net Return

218 Linwood Avenue, Linwood

Retail Property
dollar

$950,000 Plus GST (if any)

Floor area
492m2
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Property details

Listing # CCH100872 | Listed on 13 August

CBRE is pleased to market 218 Linwood Avenue, Christchurch, for sale.

This high-profile, modern retail investment benefits from a diversified tenant mix, mitigating risk and generating a net rental income of $79,812 per annum.

Situated on the prominent corners of Linwood Avenue and Cashel Street, the property benefits from exceptional visibility, high foot traffic and the added convenience of being a stone's throw away from Eastgate Shopping Centre.

Investment Highlights:
• Net rental income: $79,812 per annum + GST
• Value-add opportunity: Potential to increase income by leasing the currently vacant first floor.
• Floor area: 492sqm*
• Land area: 493sqm*
• Seismic rating: 70% NBS
• Modern & well-maintained property
• Asking price: $950,000 + GST (if any)

For further information or to schedule a viewing, please contact the sole agents, Paul Brown & Chengyang Zhang.

*Approx.

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