Strip Shop Investment

Property ID 1729127

A block of 8 suburban shops well situated on a 703m2* corner site overlooking the Avon River and Porritt Park. These multi-tenanted strip shops offer an investor a generous cashflow along with potential upside. Currently returning $89,219pa*. Currently the complex contains 7 tenancies plus 1 vacancy providing a buyer with good spread of risk along with the potential to enhance both the building and rental further. Leases and DEE report available upon request. To be sold on an as is where is basis. (* approx.)

For further information please contact Sole Agent Paula Raine on 027 221 4997 or (03) 379 4120

Price For Sale: Deadline Sale closing 4pm Thursday 28th September 2017 at Ray White Commercial, Christchurch (Unless sold prior)

Key Information
Tenancy StatusCurrently Vacant
Annual Yield (Gross)N/A (Marketed Without Price)
Annual Yield (Nett)N/A (Marketed Without Price)
Title SchemeNot Applicable

The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease. It is not a valuation.