Office
ID 49719UpdatedSold82 Peterborough Street
82 Peterborough Street
Christchurch Central
Please contact us for price
- Size540.6 SQM
- Description
- Building Information
- Location
- Agents
Description
Fortune 500 CBD Investment
JLL is excited to bring to market a fully tenanted investment asset in the prime inner-city location of 82 Peterborough Street.
This modern, standalone office building consists of two levels of high-quality office space with a fantastic tenant covenant, consisting of 3M on the ground floor and Venture Property Management on first floor.
The property is wonderfully located as it has a range of amenities within a 10 min walk, including the bustling bars and eateries of Victoria Street, The Christchurch Casino, the new Te Pae Convention Centre, Christchurch Town Hall and The West End Precinct.
The investment fundamentals are strong with a net passing income of $162,469.77 + GST per annum and a WALT of 4.2 years, this excellent inner-city asset provides a bottom drawer return whilst capitalising on the strong tenant covenant and long term capital growth of a prime CBD commercial offering.
Highlights:
• Strong tenant covenant with a Fortune 500 company
• Passing income of $162,469.77 + GST per annum approx
• Favourable WALT of 4.2 years
• 16 car parks and secure electric gate
• 85% NBS
• Central City Mixed Use Zoning
• Beautifully refurbished offices
Benefitting from an NBS of 85% and with an extensive refurbishment in place, this attractive multi level office investment is now offered to the market for definite sale. Contact the sole listing agent today for further details, or to download more information please copy the following link into your browser and register your details https://www.propertyfiles.co.nz/property/683480004
JLL is excited to bring to market a fully tenanted investment asset in the prime inner-city location of 82 Peterborough Street.
This modern, standalone office building consists of two levels of high-quality office space with a fantastic tenant covenant, consisting of 3M on the ground floor and Venture Property Management on first floor.
The property is wonderfully located as it has a range of amenities within a 10 min walk, including the bustling bars and eateries of Victoria Street, The Christchurch Casino, the new Te Pae Convention Centre, Christchurch Town Hall and The West End Precinct.
The investment fundamentals are strong with a net passing income of $162,469.77 + GST per annum and a WALT of 4.2 years, this excellent inner-city asset provides a bottom drawer return whilst capitalising on the strong tenant covenant and long term capital growth of a prime CBD commercial offering.
Highlights:
• Strong tenant covenant with a Fortune 500 company
• Passing income of $162,469.77 + GST per annum approx
• Favourable WALT of 4.2 years
• 16 car parks and secure electric gate
• 85% NBS
• Central City Mixed Use Zoning
• Beautifully refurbished offices
Benefitting from an NBS of 85% and with an extensive refurbishment in place, this attractive multi level office investment is now offered to the market for definite sale. Contact the sole listing agent today for further details, or to download more information please copy the following link into your browser and register your details https://www.propertyfiles.co.nz/property/683480004
Location
Agent
Ben Cameron
Head of Agency, Christchurch
Agent details