Occupied as a data storage center by Spark NZ owned CCL (Computer Concepts Ltd) for over a decade, this significant, city-fringe premises is leased for another four years from July 2024 and will provide the new owner with a high-yielding return with the comfort of security from Spark New Zealand Ltd as tenant.
With no further rights of renewal available to the tenant, the new owner can look to the future at opportunities to re-tenant, occupy themselves or renegotiate with the existing tenant.
With a history of uses from manufacturing, office, and retail, through to the current data-center use, the circa 3,132 sq m premises provides a wide-range of future options for the new owner, should
the current tenant vacate.
Split into three tenancies, the building was substantially repurposed, refurbished and strengthened just over 10 years ago. The Vendors engineers, Spiire New Zealand Ltd (now Calibre Consulting) confirmed the building as being strengthened to 100% NBS (New Building Standard).
Positioned on a prime, high-profile land holding of 5,524sqm with excellent frontage to the busy arterial of Durham Street South, Sydenham.
The Vendor has priced this to sell so be quick to secure this prime opportunity on the fringe of Christchurch's bustling CBD.
To access the Property Files, please paste the following link into your browser and enter your details. You'll then receive an email with the links to download
https://www.propertyfiles.co.nz/property/836640003
To arrange an inspection please contact:
Craig Edwards: Ph 027 434 4245
Paul Middleditch: Ph 027 276 7047
