Colliers is pleased to present 20a Leslie Hills Drive, Riccarton, Christchurch, to the market for sale.
A prime industrial building leased to an international tenant that has occupied the building since its construction in 1995.
This property is very well presented and has been assessed as having a minimum of 70% of NBS. The building features 143 sqm (approx) of modern offices and amenities (ground floor only, first-floor office is titled separately and not included in sale) that maximise usability. It has been recently refurbished with new carpet, and three new heat pumps.
The property has a clear span warehouse, measuring 265 sqm (approx), and a new motorised roller door which accesses the rear of the building. The property enjoys nine onsite car parks with six immediately in front of the building and three at the rear.
The property is being sold with a new four year lease at $64,048 per annum + GST + OPEX to an internationally known business that has been successfully operating on-site for over two decades.
Entry-level investments of this calibre, with a long-term lease, quality tenant and a refurbished building, are hard to come by. This is an ideal building for someone wanting to purchase their first commercial investment or add to an existing portfolio.
For Sale by Deadline Private Treaty: 4pm, Thursday 14 October 2021 (unless sold prior).
Ref #: 20795579