Lincoln
9 Gerald Street, Lincoln, Selwyn
+12
Diverse tenants, reliable returns
UNDER CONTRACT
• Diversified tenant mix across seven tenancies
• Strategic location in the growing township of Lincoln
• Leases include CPI and market reviews, offering income growth potential
• Mixture of established local businesses and community services
9 Gerald Street offers a secure, multi-tenanted investment in the heart of Lincoln township, returning an annual net rental of $160,443 plus GST and outgoings from seven tenants.
With a wide mix of tenants including hardware retail, community and professional services, and food and beverage, this fully-tenanted property generates stable rental income with upside potential from built-in rental growth mechanisms. The asset benefits from Lincoln's growing population and proximity to Christchurch, making it a compelling passive investment opportunity in a thriving local centre.
For further information, contact the sole agents today or refer to :https://www.propertyfiles.co.nz/property/5527198
Jesse Paenga
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
William Wallace
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Chris Jones
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Occupancy
Diversified tenant mix supporting the community
Location
Strategic location in the growing township of Lincoln
Growth
Leases include CPI and market reviews, offering income growth potential
Anchor tenants
Anchor tenant, Hammer Hardware in occupation
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