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Burnside, A and B/8 Homersham Place

For Sale 8 Homersham Place Burnside.

$1,895,000 Plus GST (if any)

Listing Number: CIC52793
About this listing
Units A and B comprising four tenants in this unit title development the tenancies as follows.

Unit A - Ground floor - Tenant Snowy Peaks
Retail 75 m2, Storage 50m2, Carparks 3
Rent : $24,750, Car parks $2,691 total $27,441 pa +
Lease till June 2022

Unit A - First Floor - tenant Plimmer
The Vendor has converted the unit to an apartment it could be easily be reverted back to office accommodation.
Rent : $31,500 Car parks $ 1,560 Total $33,060 +

Unit B - Ground floor - Tenant Izone Science
Office 120m2, Storage 18m2, Carparks 3
Lease till July 2021 with a Right of Renewal till 11 July 2024
Rent: $27,060 Car parks $2,340pa Total $29,400 +

Unit B -First floor - Tenant Wells
Office 150 m2, Carparks 3
Lease commenced 27th February 2017 for six months thereafter month to month
Rent $31,500 Car parks : $3,120 Total : $ 34,620 +

TOTAL rent $124,521 plus gst and outgoings.

Homersham Place is a quite cul de sac off Roydvale Avenue in the suburb of Burnside. Really handy to Tec Park, the Christchurch Airport and is serviced by ample amenities.
It's rare for a property like this to come to the market as it has been in the same ownership for 18 years.
Well worth viewing and there could be an added advantage of Vendor finance.
Property Information
  • Approx Floor Area: 570 sqm
  • Property Type: Office
  • Parking
    • Carparks: 12
    • Uncovered: 12
  • 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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