Ray White is offering a tenanted commercial investment in the heart of Christchurch's city centre located at 35 Manchester Street. The high profile retail property is currently leased to Thunder Harley Davidson and is being marketed by Paula Raine at Ray White.
"This retail investment is in a great central city location on busy Manchester Street. It is leased to a well-established business which has been onsite since the building was built circa 1979. The property is returning a net rental income of $125,000 per annum," Raine said.
The interior of the 731 SQM building received a $400,000 refurbishment in late 2007. It has a large showroom, a maintenance workshop, first floor offices, kitchen, amenities, including a shower, plus storeroom mezzanine. Another advantage of this property is that it has a large rear yard area that is secure.
The site has sustained some earthquake damage and is being sold on an "as is where is" basis.
Offers to purchase the property close at 4pm on July 7th.