Office - Tenanted Investment

This first floor property is one of four Unit Titles that occupy 14 Lowe Street, Addington, Christchurch.
Well presented premises along with two on site carparks.
West facing aspect with sun and good natural light.
Built in 2008 the property is constructed of precast concrete walls, concrete floor slab with steel corrugated cladding roof.
IEP report 2012 determined the premises had a lateral earthquake strength of 81%.
This Unit comprises open plan office space with a partitioned meeting/office with easterly aspect. Kitchen and toilet facilities. Ceiling mounted cassette heat pump. Alarm system. High speed fibre. Strong tenant profile.
Tenant has been occupying the premises for over 8 years and a new two year lease term with one right of renewal has been signed as of 26th July 2025.
Tenant - Headway Systems Limited is a NZ based data and software company formed in 1996 being 50% owned by The New Zealand Institute of Valuers.

With the current reduced interest rate market, this property represents a great alternative to both residential and bank investment returns.

Please call Mike Drummond 021 2374606 or Lisa Wong 027 688 0342 to discuss.