Colliers presents Lot 2, 35 Epsom Road, Sockburn, Christchurch, to the market for sale.
Seldom will you find such a large parcel of centrally located land in a sought-after area which is nearing 100% occupancy.
Positioned in Sockburn, the largely rectangular title of Lot 2-35 Epsom Road offers the new owner close to 1.4ha. of freehold, Industrial Heavy zoned land just moments from Christchurch’s main arterials and a short drive to the CBD.
The current owners, no longer need this asset and, as such, it is available for definite sale with all offers considered. Investors/developers and owner-occupiers alike will see the potential on offer here.
The approx 750sq m warehouse/office building sits towards the Epsom Road entrance and has significant sealed yard and parking areas surrounding it, while a small workshop/storeroom of approximately 86sq m is positioned further back on the property and is also served by large sealed yard areas. The main building and some yard, is currently leased to Meet By Accident Limited on a rolling three month basis at $54,360 pa net.
Formerly part of the BOC Gas leased property, this surplus parcel is in the process of being subdivided from the larger holding and the new title is expected in the coming months. Anyone with knowledge of the city will understand the scarcity of industrial land and, therefore, will appreciate the rarity of this prime holding.
Asking Price: $3,971,550 + GST (if any)
*Boundary lines are indicative only.
Features:
* 1.4442ha of Industrial Heavy Zoned Land
* Approx. 750sq m of building floor area
* Wide entrance point from Epsom Road
* Vast sealed yard areas
* Highly-sought and fully developed location
* Plenty of potential to add value or redevelop
* Title expected October 2024
