Price Reduced - Fully Leased to NZ Government

On offer are two well-presented and interconnected commercial units which have housed the Government's National Library of New Zealand since 2011.

Fully leased to the Department of Internal Affairs which has taken up its renewal for a further term.

The property is returning a rental of $210,142.32pa + GST + outgoings.

Your investment is made up of 2 commercial units of 382.4m2* and 946.5m2* providing a combined building area of 1,328.9m2* and comes with 18 car parks.

Located in the "Cavendish Business Park" in Christchurch's popular northwest, this busy modern complex contains a good mix of office and warehouse tenants.

Seismically rated at 73% NBS for added peace of mind.

A fantastic investment opportunity here with a strong, secure, quality Tenant in place, as you can't get much better than the Government as your Tenant, which has occupied the premises for the last 15 years and has recommitted again for a further term.
(* approx.)

Call sole agent Paula Raine on 027 221 4997 for further information and to arrange your inspection.

For Sale: Was $3,200,000 now $2,950,000 + GST (if any)

https://rwcchristchurch.co.nz/