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Absentee Owner Wants It Sold

Upper Riccarton, 15E Penn Place

Auction 07 Dec 2017 Unless Sold Prior

Listing Number: CIC46877
About this listing
Attention: Investors or Owner/Operators!

Here's your rare opportunity to secure this compact and very tidy office/warehouse located in the highly favoured NW Christchurch.

15E Penn Place is located in the highly favoured north-west Christchurch area and just off Blenheim Road - a major arterial road in Christchurch. It is handily placed and in close proximity to both the city centre and the international airport, as well as the retail centres of Riccarton Mall, Bush Inn Centre and Addington Mall/Lincoln Road.

Fastidiously maintained, 15E Penn Place is one of 10 tightly held units (all individually owned) in a modern complex within a fenced and lockable 2,081 sqm compound. It is fully self-contained and advantaged with own on-site car park.

Address: 15E Penn Place, Upper Riccarton, Christchurch

Legal Description: Unit 5 DP 403045 on Lot 1 DP 393392

Net Rentable Floor Areas: 96 sqm (approximately)

Land Area Share in 2,081 sqm

Certificates of Title 409952 (Unit)

The Opportunity

Bargain? Maybe, but you will definitely get
- Entry level commercial investment opportunity
- Highly favoured NW Christchurch location
- Handily placed and in close proximity to both the city centre and international airport
- Renovated & fastidiously maintained 96 sqm office/warehouse
- Fully self-contained
- Own on-site car park
- Potential rental income in excess of $17,500 net pa

Contact Harry Lim immediately for further information and to arrange viewing.

Auction: Thursday 7 December 2017 from 12 pm; Grenadier House, 98 Moorhouse Avenue (Unless Sold Prior)
Auction date
Thursday 7 Dec 12:00 p.m. (98 Moorhouse Ave)
Unless Sold Prior
Property Information
  • Approx Floor Area: 96 sqm
  • Property Type: Warehouse, Office, Vacant
  • Approx Floor Area
    • Office Square Metres: 16
    • Warehouse Square Metres: 80

Contact Details

Property Location

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