Commercial

Dealt Right – Industrial with Upside

59 Carlyle Street, Sydenham

Industrial Buildings
dollar

Negotiation

Floor area
506m²

Map

Property description

Listing # 048866S|Listed on 25 March

Savills are proud to present 59 Carlyle Street, Sydenham – an 100% NBS, under-rented investment opportunity with diversified income and valuable on-site parking.

Secure a proven performer with upside in one of Sydenham’s most tightly held commercial pockets. Opportunities like this offering split risk, strong income, and on-site parking, are increasingly hard to find.

Unit A

  • 123sqm warehouse
  • 93sqm office
  • 4 car parks
  • Recently refurbished
  • Rental- $37,500+OPEX

Unit B

  • 290sqm office
  • 4 car parks
  • Rental- $38,000+OPEX

Totals

  • 506sqm approx. Floor area1
  • 8 car parks
  • Rental- $75,500+OPEX


Key Features

  • Split-risk investment across two tenancies
  • Strong holding income with growth potential
  • Under-rented - genuine opportunity to add value over time
  • 100% NBS building
  • Separate access to each unit for maximum flexibility
  • Total net rental: $75,500 + OPEX + GST
  • On-site parking a rare and highly desirable feature on Carlyle Street

With limited supply of comparable assets in this location, this is a compelling opportunity for investors looking to secure a strategic foothold while benefiting from future rental uplift.


Property Files: https://www.propertyfiles.co.nz/property/048866S

For further information or to arrange a viewing, contact the landlord’s sole agent Kyle Aubrey 027 225 3532

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Savills New Zealand Ltd (Licensed: REAA 2008) Christchurch

Kyle Aubrey

Savills New Zealand Ltd (Licensed: REAA 2008) Christchurch
93 active listings

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