42 Edward Street, Rangiora, Waimakariri
By Negotiation
2,363m2

1,106m2




+2
Prime investment opportunity - Rangiora
An exceptional opportunity to acquire a substantial piece of land currently generating robust returns. This prime property is leased to a well-established national business on a long-term agreement, ensuring a consistent and reliable income stream. The strategic location and compatibility with the tenant's operations make this a highly secure and attractive investment. Situated on the eastern side of Edward Street, with additional leased railway land to the north providing access to Wales Street. This highly strategic positioning ensures excellent connectivity and promising potential for future growth for a new owner. On the other side of the main railway line lies Rangiora High School, solidifying the property's central position in the thriving satellite borough, just 30 km north of Christchurch city. With a robust annual lease income, this property delivers an attractive 6.5% return on investment. Priced at $1,236,107, it presents a compelling opportunity for discerning investors and Buyers looking for stable returns and long-term growth. For more details or to explore this exceptional opportunity, please contact Derek Lough or Murray Davie today.
42 Edward Street, Rangiora, Waimakariri
Web ID
ROC197871
Floor area
1,106m2
Land area
2,363m2
By Negotiation
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