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26 Moorhouse Avenue, Addington, Christchurch City

Savills as sole agents are pleased to present 1/26 Moorhouse Avenue for sale. Comprising one of Christchurch’s most prominent property locations coupled with tremendous upside and an additional value-add component.

This asset offers prime industrial warehouse anchored by national tenant Signwise and bolstered by a lucrative Billboard reinforcing the strategic characteristics of this investment.

Investment highlights:

$198,000 net income (subject to final rent review)

1,269m2 Floor area

Warehouse currently leases at $108/m2

16 carparks

36m approx. frontage onto Moorhouse avenue

Moorhouse Ave enjoys 50,000+ average daily traffic

Requiring minor strengthening works to bring the property up to 67% NBS, the dataroom includes new strengthening quotes which the vendor could undertake prior to settlement – subject to negotiation.

Don't miss this exceptional investment opportunity in one of New Zealand’s fastest-growing regions!