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Sydenham, 1/103 Gasson Street

Corner The Market - Strategic Investment Opportunity

Listing Number: CIC49875
About this listing
A superb opportunity to secure a tenanted investment which is strategically positioned to attract great exposure to the passing traffic on the corner of Gasson & Carlyle Streets.

Key Investment Features:
- Rent is currently $55,000 rising to $58,000 from 1st Oct 2019
- 4 year initial term from 1st Oct 2017
- 4 further renewals of 4 years each (final expiry 30 Sept 2037)
- Rent reviews to market every 2 years from the first renewal
- 5 carparks onsite.

Situated on the city fringe with good access and carparking, tenants enjoy the benefits of being on a busy arterial route handy to the CBD while being able to attract great exposure to their business.
Tenants have invested heavily, installing large refrigerators and freezers indicating to investors their future intentions of staying on as a long term tenant.

To arrange a viewing, please contact Paul Middleditch (027 276 7047) or Stefan Moir (027 321 2305).

For further information, including Lease Agreement, DEE, Pre Contract Disclosure Statement, Sale & Purchase Agreement please paste this link into your browser and follow the link to the Property Files download.
After supplying your details, you will be sent an email with the download link.
Property Information
  • Approx Floor Area: 371 sqm
  • Property Type: Office, Other (Showroom), Retail
  • Approx Floor Area
    • Office Square Metres: 135
    • Warehouse Square Metres: 78
    • Retail Square Metres: 157
  • Parking
    • Carparks: 5
  • Property Details: Tenanted Investment
  • Tenure: Unit Title

Contact Details

Harcourts Christchurch City Commercial

Grenadier Real Estate Ltd

Licensed REAA 2008

98 Moorhouse Avenue

Property Location

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