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

26 Moorhouse AvenueAddington

  • New
Industrial
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