Savills as sole agents are pleased to present 1/26 Moorhouse Avenue for sale. Comprising one of Christchurch’s most prominent property locations coupled with tremendous upside and an additional value-add component.
This asset offers prime industrial warehouse anchored by national tenant Signwise and bolstered by a lucrative Billboard reinforcing the strategic characteristics of this investment.
Investment highlights:
- $198,000 net income (subject to final rent review)
- 1,269m2 Floor area
- Warehouse currently leases at $108/m2
- 16 carparks
- 36m approx. frontage onto Moorhouse avenue
- Moorhouse Ave enjoys 50,000+ average daily traffic
Requiring minor strengthening works to bring the property up to 67% NBS, the dataroom includes new strengthening quotes which the vendor could undertake prior to settlement – subject to negotiation.
Don't miss this exceptional investment opportunity in one of New Zealand’s fastest-growing regions!
