1,619sqm
floor area
1,793sqm
land area
Location | Rare opportunity in the tightly held Sydenham locality |
Opportunity | Suitable for investors looking for upside and owner occupiers alike |
Passing income | Returning $165,000pa net from the occupied premises |
Location | Proximity to Moorhouse Avenue and the Central Business District |
• Rare opportunity in the tightly held Sydenham locality
• Suitable for investors looking for upside and owner occupiers alike
• Returning $165,500pa (approximately) from the currently occupied space
• Proximity to Moorhouse Avenue and the Central Business District
Situated within a strategic location, with proximity to Moorhouse Avenue and the Christchurch CBD, the property ensures high visibility and accessibility, 105-109 Orbell Street presents a good blend of opportunities for both savvy investors aiming for growth and owner occupiers seeking strategic premises with the added benefit of existing income streams.
Offering an attractive annual income of approximately $165,000 per annum net benefitting from add value potential with possible future vacancies to enhance value or accommodate owner occupiers in future.
Advantaged by an approved resource consent which allows for mixed use commercial, retail and warehousing activities, the property boasts a substantial land footprint of 1,793sqm and a spacious floor area of 1,619sqm, which has recently been refurbished and strengthening works have brought the property to 100% NBS.
This is an opportunity not to be missed in a sort after location.
Licensed under the REA Act 2008
Mobile: +64 27 676 6707 |
Office: +64 3 375 4700 |
benji.andrews@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 27 764 4748 |
Office: +64 3 375 4700 |
jesse.paenga@bayleys.co.nz |
1,619sqm
floor area
1,793sqm
land area
Location | Rare opportunity in the tightly held Sydenham locality |
Opportunity | Suitable for investors looking for upside and owner occupiers alike |
Passing income | Returning $165,000pa net from the occupied premises |
Location | Proximity to Moorhouse Avenue and the Central Business District |
105 and 109 Orbell Street, Sydenham
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 676 6707 |
Office: +64 3 375 4700 |
benji.andrews@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 27 764 4748 |
Office: +64 3 375 4700 |
jesse.paenga@bayleys.co.nz |
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