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Below $1M Fully Insured "As is, Where Is" Gem

200 Wairakei Road, Bryndwr

Retail Property
dollar

Negotiation

Floor area
160m2
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Property details

Listing # CIC63353 | Listed on 2 September

200 Wairakei Road, consisting of two retail shops, has served our owners well but now offers you a rare and desirable opportunity in favoured NW Christchurch.

The larger Fish & Chips shop is owner operated, while the other is leased to a Thai Massage & Beauty operation. 200 Wairakei Road offers you:

• Fully insured "As Is, Where Is" opportunity
• Suits owner/operator, but equally attractive as an entry level investment
• Net rental income circa $40,000 - $45,000 pa
• Commanding profile 263 sqm rectangular site
• Large catchment area with surrounding suburbs of Burnside, Bryndwr and Ilam
• Commercial Zone

Rating Valuation (1 August 2022) $800,000
Land Value $200,000
Improvement Value $600,000

Legal Description Lot 4 DP 18351
Certificate of Title CB665/100 (Freehold)

Call Harry Lim (021) 402242 or Edward Shi (027) 2761788 to register your interest and/or to arrange a viewing.

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