45 Sandyford Street, Sydenham, Christchurch

Outstanding investment - international tenant

•Centrally located industrial investment in popular Sydenham
•Underpinned by strong lease terms and international tenant
•Unit 5, 41 Sandyford Street will be sold in conjunction with 45 Sandyford Street
•Total net rental $121,500 per annum + GST and outgoings

45 Sandyford Street has had a significant amount of money invested in refurbishment and strengthening. The long-term tenant, James Bull Locksmiths, has, since 1940, established themselves as a leader in its field and has grown an outstanding business with a large customer base. The property features a well-balanced floor area, including a 171.7sqm showroom/office, a 168.5sqm warehouse, and a 152sqm first-floor office.

Unit 5, 41 Sandyford Street comprises a small 127.5sqm warehouse/workshop space with a small 46.2sqm office to the front of the building. The warehouse/workshop has a stud height of 3.5m with an opening access in the rear wall to connect to the adjacent property at 45 Sandyford Street.

James Bull & Co CHCH Limited is owned by ARA Group NZ. The directors are based in New Zealand and Australia. With over 80 locations across Australia and New Zealand, the ARA Group delivers fully integrated essential services for infrastructure and facilities. ARA has more than 3,000 employees working across their four operating divisions, Fire & Security, Electrical, Property Services and Products.

Offered to the market with absolute determination by our motivated and retiring owners.

Call today for further information on these rare investment opportunities - you will be glad you did.

To assist purchasers with their assessment of the offering an online due diligence data room is available: https://www.propertyfiles.co.nz/property/5526396