Commercial

Investment or Own & Occupy with Income

8/2 Barry Hogan Place, Riccarton

Office Building
dollar

$850,000 Plus GST (if any)

Floor area
391m²
Covered park
11

Map

Property description

Listing # CCM32061|Listed on 28 July

Partially leased, smart, modern 2 level office building. This provides an ideal opportunity for a buyer to either: own the building and occupy the vacant floor; or an investor to lease it out and hold it long term as a fully leased investment.

The ground floor office of 190m2* is fully leased returning $33,753.12pa* + GST + outgoings. The first floor office of 201m2* is currently vacant. Total building area 391m2*.

Well located close to Blenheim Road in a popular business park "Workstation 55", which is handy to Tower Junction, Westfields Riccarton Mall, Show Place Business Park and Addington Raceway. The complex offers good onsite amenities for staff convenience, including a licensed cafe and a childcare centre.

The ground floor tenant occupies 6 car parks with 5 car parks remaining available for the first floor. Additional parking is possibly available for lease nearby.

The building has been strengthened to 98% of NBS for added peace of mind.

This is a fantastic opportunity for you to own your own premises and have another tenant to help pay off your mortgage. Alternatively, it provides you the option in the future, to expand your business further into the ground floor area, when the existing tenant's lease expires.
(* approx.)

Call sole agent Paula Raine 027 221 4997 for an information pack and to arrange your viewing.

For Sale: $850,000 + GST (if any)

https://rwcchristchurch.co.nz/

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Raine Blackadder Ltd (Licensed: REAA 2008) - Ray White, Commercial Christchurch

Paula Raine

Licensee Salesperson | Raine Blackadder Ltd (Licensed: REAA 2008) - Ray White, Commercial Christchurch
131 active listings

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