59 Carlyle Street, Sydenham - Commercial Real Estate for Sale & Lease in New Zealand

Watchlist

12 Images

Dealt Right – Industrial with Upside

59 Carlyle Street, Sydenham, Christchurch City

Savills are proud to present 59 Carlyle Street, Sydenham – an 100% NBS, under-rented investment opportunity with diversified income and valuable on-site parking.

Secure a proven performer with upside in one of Sydenham’s most tightly held commercial pockets. Opportunities like this offering split risk, strong income, and on-site parking, are increasingly hard to find.

Unit A
• 123sqm warehouse
• 93sqm office
• 4 car parks
• Recently refurbished
• Rental- $37,500+OPEX

Unit B
• 290sqm office
• 4 car parks
• Rental- $38,000+OPEX

Totals
• 506sqm approx. Floor area1
• 8 car parks
• Rental- $75,500+OPEX

Key Features
• Split-risk investment across two tenancies
• Strong holding income with growth potential
• Under-rented - genuine opportunity to add value over time
• 100% NBS building
• Separate access to each unit for maximum flexibility
• Total net rental: $75,500 + OPEX + GST
• On-site parking a rare and highly desirable feature on Carlyle Street

With limited supply of comparable assets in this location, this is a compelling opportunity for investors looking to secure a strategic foothold while benefiting from future rental uplift.

Property Files: www.propertyfiles.co.nz

For further information or to arrange a viewing, contact the landlord’s sole agent Kyle Aubrey 027 225 3532