Colliers is privileged to present Alpine Ice Canterbury's only international sized ice rink - to the market for genuine sale. Alpine Ice has a proud history in Christchurch, having operated since 1985. The offering provides excellent investment fundamentals.
The key investment highlights include, a 10 year lease, with strong growth mechanisms and rights of renewal. The property has low site coverage and a huge sealed car park / yard area. The property consists of a functional warehouse & office complex. The tenant owns the ice surface & plant and is responsible for maintenance and any repairs required. Therefore the landlord can enjoy a passive investment with strong rental income and a quality tenant covenant.
The property underwent a full refurbishment and has been maintained to a high standard.
The site is located on the high profile Brougham Street, with very easy access, ample car parking and yard space. The current passing rental is $366,000 + GST + OPEX.
For Sale by Price by Negotiation.
Call the sole agents to request further information.
*Boundary lines are indicative only
Features:
* Land area 9,258 sq m
* Building area 3,060 sq m
* 10 year lease term
* Passing rental $366,000 + GST + OPEX
* Quality tenant
* Unique investment opportunity
