Premium investment - State-Owned tenant
This is a highly sought-after investment in Christchurch's premium business hub. A modern two-level office building fully leased to Airways International Limited, a state-owned enterprise and the sole provider of air traffic control services.
The property offers a ten-year lease starting 1 April 2024, generating a net operating income (NOI) of $737,890, with annual CPI-based rent reviews and market reviews at lease renewals.
Offered for sale by Deadline Private Treaty (unless sold earlier), closing 4pm, Thursday 1st May 2025.
Contact the sole agents today to explore this exciting investment opportunity.
To assist purchasers with their assessment of the offering an online due diligence data room is available: propertyfiles.co.nz/5526762
The property offers a ten-year lease starting 1 April 2024, generating a net operating income (NOI) of $737,890, with annual CPI-based rent reviews and market reviews at lease renewals.
Offered for sale by Deadline Private Treaty (unless sold earlier), closing 4pm, Thursday 1st May 2025.
Contact the sole agents today to explore this exciting investment opportunity.
To assist purchasers with their assessment of the offering an online due diligence data room is available: propertyfiles.co.nz/5526762
Key features
Floor area details
2,266sqm floor area
Land area breakdown
4,639sqm (mor or less)
Occupancy
State owned tenant
