Land bank with cashflow
Land bank with cashflow
123 Seaview Road and 74 Beresford St, New Brighton
123 Seaview Road and 74 Beresford St, New Brighton
By Negotiation
By Negotiation
Listing ID 5512128
Features
-
1,624sqm
floor area
Details
For Sale By Negotiation
| Freehold | on two titles |
| Fully leased | returning $75,326 + GST and OPEX |
| Two | street frontages |
Description
Land bank with cashflow
• Two freehold titles
• Fully leased returning $75,326 + GST and OPEX
• Two street frontages
• Commercial zone
• Growth location
This freehold standalone investment is well located in the commercial hub of New Brighton. The commercial zoning will offer the new owner the opportunity to invest and create high value propositions in the future. The two titles offer a combined land area of 1,624sqm with two 32 metre street frontages.
Longstanding tenant business of workshop and motor car sales have been onsite in excess of 40 years.
Terry Connolly
Christchurch
Licensed under the REA Act 2008
| Mobile: +64 27 434 3006 |
| Office: +64 3 375 4700 |
| terry.connolly@bayleys.co.nz |
Features
-
1,624sqm
floor area
Details
For Sale By Negotiation
| Freehold | on two titles |
| Fully leased | returning $75,326 + GST and OPEX |
| Two | street frontages |
123 Seaview Road and 74 Beresford St, New Brighton
Open in map
Terry Connolly
Christchurch
Licensed under the REA Act 2008
| Mobile: +64 27 434 3006 |
| Office: +64 3 375 4700 |
| terry.connolly@bayleys.co.nz |
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