An opportunity to secure a modern, north facing leased industrial investment situated in one of the city's most highly sought industrial locations.
6 Timothy Place was constructed in 2015 and was built by Calder Stewart. The property is configured of warehouse space with multiple rollers doors, tidy offices/amenity and has a large chip sealed yard. The large freehold title puts site coverage at a low 20%, giving options for the new owner in the future.
The property was built for and leased to Superior Compliance & Automotive with an annual rental of $150,000 + GST and OPEX. The initial lease term is 10 years from August 2015 and there are further rights of renewals.
Investment opportunities in this market and location are extremely rare! All astute investors looking for a modern, post EQ constructed property must enquire today.
Call the sole agents for an information pack or to arrange an onsite viewing.
For sale by Auction: 10am, Thursday 5 August 2021 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.
*Boundary lines are indicative only
Ref #: 20758239
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