424 Moorhouse Avenue, Sydenham | Property for sale | Savills
957 sq m(10,301.07 sq ft)
Price on application

424 Moorhouse AvenueSydenham


    Key features

    • Potential net rent $274,319.16
    • Multi tenanted investment
    • Excellent onsite car parking
    • Expansive 34m frontage onto Moorhouse Avenue
    • High profile position
    • 50% vacant

    Vendor has purchased – Must be sold!

    About this property

    • Offered for sale exclusively through Savills, 424 Moorehouse Avenue. This asset comprises a NLA of 957sqm, a multi tenanted commercial building with 24 onsite car parks, advantageous billboard and 34m frontage.

      The property is being sold with 67% NBS, net rent of $128,789.16 and with vacancy of 50% bringing the potential rent up to $274,319.16.

      The property includes untapped potential for owner operators to occupy, retailers to showcase wares with the Moorhouse Avenue frontage or investors seeking upside.
      Whatever the long-term prospect, the property sets the stage for an exciting and lucrative investment on one of Christchurch best business addresses.

      Investment highlights:
      - Potential net rent: $274,319.16
      - Multi tenanted investment
      - Excellent onsite car parking
      - Expansive 34m frontage onto Moorhouse Avenue
      - High profile position
      - 50% vacant
      - Conservative rental rates
      - Dual frontages
      - 67% NBS

      Deadline sale closing 4pm, Thursday 26 September 2024 (unless sold prior).
      Being offered for definite sale, please enquire with us now to avoid disappointment.

    Available space

    LevelTenancySale TypePriceAreaSqmStatus
    n aPrivate TreatyClosing 4pm, Thursday 26 September 2024 (unless sold prior)957.00sq mAvailable