For Sale
Leases
help
Price:
To:
 
Reset  
Present All Offers + Gst (if Any)
Russley, Canterbury
ID# CCM20444

Click to enlarge
add to wishlist
Add to watch list
print send to a friend

Investment - 12 Year Lease in Place

Large investment property. Substantial factory type warehouse building and a tenant that manufactures and markets high quality woollen spun yarns for the carpet industry throughout the world. The factory is one of the most modern of its type in the world and includes a state of the art yarn spinning plant and processing technology.

Long term 12 year lease from the 28th June 2004 plus further 2 rights of renewal of 4 years each
Rental income $930,000pa + GST + 100% Outgoings. 2 yearly rent re... Expand

Large investment property. Substantial factory type warehouse building and a tenant that manufactures and markets high quality woollen spun yarns for the carpet industry throughout the world. The factory is one of the most modern of its type in the world and includes a state of the art yarn spinning plant and processing technology.

Long term 12 year lease from the 28th June 2004 plus further 2 rights of renewal of 4 years each
Rental income $930,000pa + GST + 100% Outgoings. 2 yearly rent reviews
A substantial land area of 2.9937ha* predominantly zoned Business 4, Part L1
Capital Value $10,800,000. Factory/warehouse/office totalling 14,286m2*
Well established tenant since 1972. Plant upgrade includes state of the art technology

View tenant website for further information and production video www.chchyarns.co.nz. Comprehensive information memorandum including Deed of Lease, Deeds of Rent Review, LIM Report and property details available to qualified buyers.
Sale: Present all offers + GST (if any)   Collapse

Open Homes

Make an Appointment

*Your Name:
*Your Phone Number:
*Your Email Address:

Collapse This SectionFeatures

Property Details
TypeRetail
BuildingFloor Area: 14286 sqm
LandLand Area: 2.994 Ha
Tenancyvacant
ZoneB4 and L1

Collapse This SectionArea Information

Collapse This SectionLocation

Collapse This SectionContact Information

Jeff Kirk
Ray White Executive Member 2011
Mobile
0212 285 406
Phone
(03) 379 4120
*Your Name
*Your Email Address
*Your Contact Number
*Your Enquiry
   
© 2012 Ray White (Real Estate) Limited Licensed (REAA 2008)