- For Sale
This well located tenanted investment unit, leased to Southern Cross Healthcare is returning $69,820 pa + GST + OPEX and should appeal to those who are searching for a greater return than their current deposit rates.
This asset provides a great long term investment for those looking to re-invest funds or cement their portfolio position.
This desirable unit is the pick of the bunch being the top, north west positioned unit overlooking the Eastern Frame recently completed apartments and located overlooking High Street a stone’s throw from Cashel Mall, Christchurch’s thriving Retail Precinct.
Lichfield Lanes is an exciting new development with a series of exposed laneways and tenancies in the Innovation Precinct. The nearby Eastern Frame will redefine inner city living in Christchurch and provide attractive choices for people wanting to live centrally. Located metres away, Lichfield Lanes will serve as great amenity to the area.
The ground floor of Lichfield Lanes provides an abundance of amenity with Black and White Coffee Cartel on the ground floor and ample lunch and eatery options.
Located near the tram route linking Ara Tertiary Institution, Cashel Mall and Christchurch’s Cultural Precinct, this very important transportation link further enhances this desirable location while still being a few minutes walk to the hub of the retail Precinct in Cashel Mall.
This superb development is also located adjacent to a seven level car parking building further underpinning this vibrant location.
This fully fitted out unit is now available with an asking price equivalent to 7.5% yield reflecting an asking price of $930,000 + GST.
Our motivated vendors have committed to their next project - call the master agent today to arrange your inspection.