Cowdy

Cowdy is a trusted, widely recognised name amongst real estate and property management companies in Christchurch. Cowdy was founded in 1979 with a focus on residential real estate, but over the years we have also developed a strong award winning property management team, as well as a specialist commercial real estate division. We have established a network within the real estate industry, and are a member of the New Zealand Realtors Network, an organisation of over 2,500 sales people, 400 property managers and 160 offices nationwide.

We remain a privately owned, family run company. All members of our family are involved in all daily aspects of the business. Founder & Managing Director, Andrew Cowdy and Nick Cowdy lead the Residential Real Estate division, Director, Janice Cowdy and Olivia Cowdy manage the Property Management division and Sam Cowdy heads up the Commercial division. We are committed to delivering the best, tailored service possible.

Real Estate Agents

Cowdy
Bruce McPhail
Sam Cowdy
Cowdy
29 Papanui Road
Merivale
Christchurch 8014
Share
Listing #:
RX4348723
Listed:
5 days ago

Negotiation

Excellent Split Risk Investment

300 Colombo Street, Sydenham, Canterbury
Retail
floorarea
1,592m2 Floor Area
landarea
4,340m2 Land Area
About this property
Welcome to an exceptional opportunity in the heart of Christchurch. This commercial building is fully leased and strategically positioned to maximise its potential. Whether you're an astute investor or a family trust seeking a bottom drawer investment opportunity, this property is sure to capture your attention. Don't miss out on this rare chance to own a long-term investment that offers both security and rental growth.

Featuring:
• Fully leased to a mix of local and national tenants
• Land consisting 4,340m²
• Lettable area approx. 1,592m² with 62 carparks
• Total Rental $375,097 Net
• Tightly held location, high vehicle movements
• Extremely rare opportunity, the first chance to purchase in 20 years
• Generous on-site carparking for convenience and accessibility
• Freehold titles ensuring long-term ownership benefits
• Potential options to increase income for greater returns
• Just 2km from Christchurch's Core Central City, providing amenities to southern suburbs
• Split risk multi-tenanted asset for diversified investment
• Purpose-built retail space for optimal functionality
• Long-term leases provide security and rental growth

With its prime location and solid leasing arrangements, this property is an outstanding opportunity not to be missed. If you're looking to secure a reliable income stream, this investment ticks all the boxes.

Act swiftly to register your interest. Don't let this remarkable chance slip through your fingers. Contact Bruce or Sam today and take the first step towards securing this property.

By Negotiation

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