Leased to an established tenant on a new five-year term, with fixed 2% pa rental growth the property provides investors with immediate income security, complemented by a high-quality fit-out that has recently been completed to an excellent standard. The result is a well-presented, functional workspace that underpins the property’s appeal as a ready-made investment.
Positioned just moments from Cashel Mall and the new One New Zealand Stadium, the property is exceptionally well located within one of the city’s most dynamic and fast-evolving precincts. This is an opportunity to secure an entry-level investment in booming Christchurch, with the benefit of strong surrounding amenity and long-term upside from continued CBD growth and regeneration.
With its strategic central city location, strong tenant covenant, and quality improvements already in place, this property will appeal to investors seeking an affordable foothold in one of New Zealand’s most exciting urban markets.
Price by negotiation
*Boundary lines are indicative only.
Features:
- First-floor office unit with abundant natural light
- Five (5) year lease
- Located near key amenities including One New Zealand Stadium, Ara Institute, and Little High Eatery
- New fit-out
- Four onsite car parks
- 247 sq m (270 sq m gross)
More information: https://www.colliers.co.nz/p-NZL67040423