Colliers, as sole marketing agent is pleased to offer, 325 Stanmore Road, Richmond, Christchurch.
This immaculate post-earthquake-built property is made up of six leased retail spaces, giving the new vendor peace of mind with the ability to spread risk through multiple tenancies.
The building enjoys a large frontage on a high-profile corner site with a lot of visibility to the strong amount of traffic that passes through the area as well as those stopping to visit nearby locations such as the newly built Richmond Club, and recently built New World. This modern building was clearly constructed with longevity and usability in mind. With ample parking available at the rear, the tenants can service the large residential catchment that sits nearby 325 Stanmore Road.
The building is just 1.7km from the Christchurch CBD, and almost opposite the Stanmore New World. Occupying a prime corner position, the building is one of many among a cluster of retailers. Sitting on a main arterial route gives this building high exposure. Coupled with the anchor of the supermarket and Richmond Club, 325 Stanmore is well positioned to thrive.
Download property files via the below link:
https://www.propertyfiles.co.nz/property/579380001
*Boundary lines are indicative only.
Features:
- Current passing income of $144,836 net pa
- Spread of risk with 6 individual tenancies with staggered lease expiries
- Mix of service, amenity and hospitality offerings
- Newly constructed completed 2013 (Post Earthquake)
- 100% NBS
- High profile corner position
- Great onsite parking
More information: https://www.colliers.co.nz/p-NZL67014242
