10 Athelstan Street, Barrington, Christchurch

Split-risk investment with upside

• Freehold 450sqm title with a two-level commercial building and car parking
• Tightly held suburban location
• Versatile commercial zoning
• 70% of New Building Standard

Positioned in the heart of Barrington's popular suburban commercial hub, 10 Athelstan Street presents an exciting opportunity with both passive income and value-add potential. The property comprises a ground floor tenancy, leased and returning an attractive rental, while the first floor office space is vacant, offering flexibility for owner-occupiers, add-value investors or those seeking to lease and increase the overall return.

With excellent street frontage, ample surrounding amenities, and proximity to Barrington Mall, this well-located building is perfectly suited to a range of businesses. With 10 Athelstan Street being refurbished, this provides an excellent opportunity to secure an investment while occupying the first floor with an income stream from the international ground floor tenancy.

This is an opportunity worth serious consideration.

For further information, please refer www.propertyfiles.co.nz/5527545