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Industrial Buildings

C & D/29 Coleridge Street Sydenham, Christchurch City

Sold for $675,000 on 12 May 2025
  • Building: 191m²
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Industrial Buildings in Sydenham

Investment - Two Units - One Long Term Lease

  • Building: 191m²
Listed By:
RWC ChristchurchRaine Blackadder Ltd - MREINZ Licensed (REAA 2008)

Two very presentable adjoining industrial units in the sought-after location of Sydenham. Both units are well leased long term with a new 6yr lease in place to an established business that has been operating for over 20*yrs and comes with the added security of a personal guarantee. Rental returning $39,000pa + GST + Outgoings.

These tidy dual units benefit from being the commanding front 2 units of the 4 unit complex, providing excellent profile and street frontage to Coleridge St. The location offers easy access to and around the city being situated between the city's main arterials of Brougham St and Moorhouse Ave.

Constructed circa early 1990s*, the 2 units are interconnected, have been refurbished and strengthened to a seismic rating of 68%* NBS and have rentable areas are 95.6m2* and 96.1m2*. Total 191.7m2*.

The units come with 3 combined accessory unit carparks.
(* approx.)

Call sole agent Paula Raine 027 221 4997 for an information pack and to arrange your viewing.

SOLD

Property ID:

CCM31506

Building:

191m²

Zone:

IG (Industrial General)

Tenancy:

Vacant

Listed By:
RWC ChristchurchRaine Blackadder Ltd - MREINZ Licensed (REAA 2008)

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

C & D/29 Coleridge Street, Sydenham, Christchurch City