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Phillipstown

21 Stanmore Road, Phillipstown, Christchurch

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481sqm Land area SQM
281sqm Floor area

Established Philipstown investment


21 Stanmore Road has been the home of Sadies commercial laundry for many years. With a new 4 + 4 year lease with fixed annual growth should give investors confidence of a quality investment.

Property features:
• Leased to Sadies Laundry Limited
• $40,000 net rental per annum + outgoings + GST
• Established Philipstown location
• Convenient access to Christchurch CBD and key transport routes
• 67% NBS +
• Freehold title 481sqm zoned Industrial General under the Christchurch City Council
• Net lettable area 282sqm

Contact the sole agents for further information.

For Property Files; copy and paste the following link: https://www.propertyfiles.co.nz/5532135

Key features


Floor area details

281sqm floor plate

Opportunity

Tenanted investment

Location

CBD fringe

Zoning

Industrial General

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