26 Moorhouse Avenue, Addington | Property for sale | Savills

Property details
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Key features

$198,000 net income (subject to final rent review)
1,269m2 floor area
Warehouse currently leases at $108/m2
16 carparks
36m approx. frontage onto Moorhouse avenue
Moorhouse Ave enjoys 50,000+ average daily traffic

Your Sign to Invest

About this property

Savills as sole agents are pleased to present 1/26 Moorhouse Avenue for sale. Comprising one of Christchurch’s most prominent property locations coupled with tremendous upside and an additional value-add component.

This asset offers prime industrial warehouse anchored by national tenant Signwise and bolstered by a lucrative Billboard reinforcing the strategic characteristics of this investment.

Investment highlights:
- $198,000 net income (subject to final rent review)
- 1,269m2 Floor area
- Warehouse currently leases at $108/m2
- 16 carparks
- 36m approx. frontage onto Moorhouse avenue
- Moorhouse Ave enjoys 50,000+ average daily traffic

Requiring minor strengthening works to bring the property up to 67% NBS, the dataroom includes new strengthening quotes which the vendor could undertake prior to settlement – subject to negotiation.

The property is offered exclusively through Savills Commercial Real Estate by way of Deadline Sale closing at 4:00pm on Friday 20th September 2024 (unless sold prior).

Don't miss this exceptional investment opportunity in one of New Zealand’s fastest-growing regions!

Available space

Tenancy	Sale Type	Price	Area	Status
n a	Private Treaty	Deadline Sale closing at 4:00pm on Friday 20th September 2024 (unless sold prior).	1269.00sq m	Available