Colliers is pleased to present 527 Sawyers Arms Road, Harewood, to the market for sale.
This multi tenanted investment contains a significant land holding located close to Christchurch International Airport and major arterial motorways.
The opportunity allows an incoming purchaser to enjoy a significant long term investment return from six separate desirable tenants. The return on this property will be higher than other investments currently in the market and should appeal to those seeking a high yielding asset.
The large corner site has two road frontages with dual access points.
It comprises a mix of improvements including workshops/warehouses, accommodation, restaurant & bar, 'Z Energy' fuelling station and a huge sealed yard, appealing to a wide range of transport operators among many other potential uses.
The site lies on ECan leasehold land, with further information available to purchasers on request.
Call the sole agents to arrange an onsite inspection.
Further information can be found here:
https://www.propertyfiles.co.nz/property/67015063
For sale by Deadline Private Treaty: 4pm, Thursday 22 July 2021 (unless sold prior).
*Boundary lines are indicative only
Features:
- Current net rental: $163,767.00 per annum + GST & OPEX
- Six separate tenants
- Significant 1.2457 ha land holding
- Multiple on-site improvements
- High profile
- Close proximity to airport and major arterial roads
- High yielding investment
- Strategic growth area
More information: https://www.colliers.co.nz/p-NZL67015063