Hard to Find - Entry Level Colombo St Investment

210 Colombo Street located on the corner of Colombo St & Roxbourgh St, this property is well positioned of heart of Sydenham with excellent exposure to both vehicular and foot traffic.
This property has long been operating as a Hair Salon, now available to purchase with a tenant in place on a lease until 6th 2022 with 2 renewals of 3 years each.
A great opportunity to purchase for any investor a hands free low maintenance investment sector where the tenant pays the rates, insurance and OPEX.
- 3 + 3 lease commerce from Aug 2019
- Established tenant
- Free hold title (240m2 more or less)
- Standalone corner building
- Rental = $30,431.44 pa plus GST & OPEX
- Deed of assignment & 2010 EQC cash settlement of $12,846.22 will be handed to the new purchaser.
My owner is committed to another business opportunity & this must be sold.
Call now, short notice Deadline sale closes 4pm 19th Dec, 2019.

Download Information Pack:
https://www.propertyfiles.co.nz/property/210ColomboSt

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Main Property Features

Listing Number: RD7501

Approx Floor Area:
100 sqm
Land Size:
240 sqm
Property Type:
Other (Tenanted investment)
Approx Floor Area
  • Retail Square Metres: 100
Property Details:
Tenanted Investment
Tenure:
Fee Simple
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Licensed REAA 2008

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Harcourts Redwood

Gold Real Estate Group Ltd

Licensed REAA 2008

280 Main North Road
Redwood
Christchurch
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Property Location