Occupying 377sqm of freehold land, the property comprises approximately 410sqm of warehouse, office, and showroom space. Its versatile configuration suits a wide range of commercial uses and is offered with a new sale and leaseback arrangement providing immediate income.
The current owner will enter into a new lease back at $70,135 net per annum (market rent) for a minimum two-year term, providing investors with secure holding income from settlement.
Key features: • 377sqm freehold landholding • 410sqm total floor area • $70,135 net rental per annum • Minimum two-year lease term • High-profile city-fringe location • Excellent CBD and arterial access • Multiple on-site car parks
Positioned on the edge of Christchurch’s CBD, 9 Nursery Road offers strong exposure, excellent accessibility, and a rare opportunity to secure a well-located investment with future flexibility in a tightly held precinct.
