26 Moorhouse Avenue, Addington | Property for sale | Savills
13,659.41 sq ft(1,269 sq m)
Price on application

26 Moorhouse AvenueAddington

    Logistics
    13,659.41 sq ft (1,269 sq m)

    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

    TenancySale TypePriceAreaStatus
    n aPrivate TreatyDeadline Sale closing at 4:00pm on Friday 20th September 2024 (unless sold prior).1269.00sq mAvailable