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Middleton, 11 Moncur Place

Blue Chip International Tenanted Investment

$8,550,000 Plus GST (if any)

Listing Number: CIC46754
About this listing
Astute investors! Looking to add a standout performer to your portfolio?

Here's your opportunity to acquire a modern substantial industrial building that is fully tenanted by an international A-grade tenant - Schneider Electrics.

Built in 1995, 11 Moncur Place comprises of a significant low to medium stud warehouse building and workroom areas, and complemented with a large amount of office space, totalling over 5,500 sqm. Its landscaped grounds also include an asphalt sealed yard with 95 car parking spaces.

It has been recently strengthened to 100% NBS (New Building Standard), and the office areas has been upgraded by the tenant to a significant degree as well.

11 Moncur Place occupies a large site of over 9,000 sqm in Middleton - a popular and centrally located suburban commercial/industrial area that is advantaged with significant transport routes and easy traffic access, and being only some 3.6 kilometres southwest of Christchurch CBD.

Address: 11 Moncur Place, Middleton, Christchurch

Legal Description: Lot 1 DP 503251

Land Area 9,064 sqm

Net Rentable Area 5,518.2 sqm

Net Rental $667,571 pa + operating expenses + GST

Certificate of Title: 755370 (Freehold)

The Opportunity:

A golden opportunity to purchase a fully tenanted investment awaits you.

The blue chip international tenant has occupied the premises from new, and has through the term of their lease and subsequent renewals made significant changes and upgrades throughout the building.

Please contact Harry Lim for further information and to arrange viewing.
Property Information
  • Tenure: Fee Simple
  • Parking: Carparks: 95
  • Property Type: Office
  • Approx Floor Area
    • Office Square Metres: 5518

Contact Details

Christchurch City Commercial

Grenadier Real Estate Ltd

Licensed REAA 2008

98 Moorhouse Avenue

Property Location

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