Rare Commercial Investment Opportunity!!

277 Dyers Road, Bromley

Listing ID HHC4118

Great opportunity to purchase a freehold block of 28 Storage Units, with ability to further develop the site – situated in an established industrial location.

277 Dyers Road, Bromley is set on 1741m2 of land and is sure to appeal to astute investors. This fully tenanted investment property offers investors immediate returns, with high demand from renters and minimal risk of all the units being vacant at any one time. Owners will also have the opportunity to build further units and could potentially operate from the site.

Current owners have enjoyed the benefits of this rare to the market investment for 22 years and have now decided to cash up for retirement.

The property is for Sale by Auction, 10am Wednesday 3rd July at Holmwood Auction Rooms, 397-399 Ilam Road, Ilam, Christchurch (unless sold prior).

Features:
$79,200 pa inclusive current income
Many long term tenants
28 units
Low maintenance tilt slab construction
1741 sqm land
Carparks
Freehold title
Partitioned security system
Toilet Unit at end
EQ work completed
Fully fenced and secured yard

Call the Sole Listing Agents to request access to the due diligence material.

Features

Approx Floor Area 815 sqm
Land Size 1741 sqm
Property Type Warehouse, Other (Storage Units)
Approx Floor Area
Property Features Storage Garages
Property Details Tenanted Investment
Tenure Fee Simple
Auction 03 Jul 2019

Nick Emery

+64 21 023 56771

142 Sherborne Street
St Albans
Christchurch

Enquiry Form