CBRE Christchurch
Real Estate Services
- Listing #:
- CCH100421
- Listed:
- 100 days ago
Price by negotiation
Quality Investment with Rental Growth
48 Fitzgerald Avenue, Christchurch Central, CanterburyOffices
-
- 1,591m2 Floor Area
About this property
CBRE, as the exclusive agents, is proud to present 48 Fitzgerald Avenue, Christchurch to the market for sale.The offering presents a fantastic opportunity to acquire a high-profile quality office building spread across three titles.
This multi-tenanted investment is anchored by founding tenants such as Ford Baker, Woods Consultants and Fortitude Financial. These longstanding tenants provide excellent security of cash flow.
Currently, the rentals are below market and with upcoming rent reviews, there is a great opportunity to increase your return.
Investment Highlights:
- Opportunity for rental growth
- Long-serving and established anchor tenants
- Great mix of tenants
- Comprised of three separate titles to spread risk
- Net lettable area: 1,591sqm (approx.)
- Net rental: $450,598pa + GST
- Established location bordering the CBD
- On-site car parking and three access points
The opportunity to purchase an asset of this quality does not present very often, we strongly recommend your early consideration of this outstanding investment.
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