Secure tenancy, substantial landholding
• Established tenant, recently renewed a further three-year term
• Rental income of $95,200 per annum + GST and outgoings
• 397.6sqm of functional office space
8 Craft Place presents an attractive office investment opportunity, generating an annual rental income of $95,200 + outgoings + GST. The property is leased to Honeywell, a publicly traded multinational corporation, which has recently renewed its lease for a further three years following an established period of occupation, providing investors with a secure income stream and a defined holding period.
The property occupies a substantial 1,288sqm freehold title and comprises approximately 397.6sqm of office accommodation, predominantly open plan with a kitchenette and meeting rooms. The balance of the site provides useful outdoor and parking areas.
With a secure lease term, established tenancy and substantial freehold landholding, 8 Craft Place offers a straightforward commercial investment with strong underlying fundamentals.
Contact the Sole Agents today to arrange a viewing.
More information: https://www.propertyfiles.co.nz/5531790
For Sale by Deadline Private Treaty (unless sold prior) 4pm, Thursday 3rd December 2026 3 Deans Avenue, Addington, Christchurch.
• Rental income of $95,200 per annum + GST and outgoings
• 397.6sqm of functional office space
8 Craft Place presents an attractive office investment opportunity, generating an annual rental income of $95,200 + outgoings + GST. The property is leased to Honeywell, a publicly traded multinational corporation, which has recently renewed its lease for a further three years following an established period of occupation, providing investors with a secure income stream and a defined holding period.
The property occupies a substantial 1,288sqm freehold title and comprises approximately 397.6sqm of office accommodation, predominantly open plan with a kitchenette and meeting rooms. The balance of the site provides useful outdoor and parking areas.
With a secure lease term, established tenancy and substantial freehold landholding, 8 Craft Place offers a straightforward commercial investment with strong underlying fundamentals.
Contact the Sole Agents today to arrange a viewing.
More information: https://www.propertyfiles.co.nz/5531790
For Sale by Deadline Private Treaty (unless sold prior) 4pm, Thursday 3rd December 2026 3 Deans Avenue, Addington, Christchurch.
Key features
Opportunity
Established tenant, recently renewed a further three-year term
Passing income
Rental income of $95,200 per annum + GST and outgoings
Floor area details
397.6sqm of functional office space
Land area breakdown
The property occupies a substantial 1,288sqm freehold title
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