Available PropertyFiles:

  • /Building Warrant of Fitness/
    • Building Warrant of Fitness 2023.pdf
  • /Confirmation of Building Strength 67%/
    • Confirmation of Building Strength.pdf
  • /DEE Report/
    • DEE Report.pdf
  • /Fire System Upgrade/
    • Fire system upgrade.pdf
  • /Information Memorandum/
    • IM 293 Colombo Street.pdf
  • /Insurance Summary/
    • Insurance Summary.pdf
  • /Land Information Memorandum/
    • Land Information Memorandum.pdf
  • /Titles/
    • Titles.pdf
  • /Unit 1 - Deed of Assignment/
    • Deed of Assignment of Lease Unit 1 (fully signed).pdf
  • /Unit 1 - Deed of Renewal/
    • Unit 1 - Deed of Renewal 2019.pdf
  • /Unit 1 Deed of Lease/
    • Unit 1 Deed of Lease.pdf
  • /Unit 2 - Deed of Assingment/
    • Unit 2 - Deed of Assignment 25 March 2024.pdf
  • /Unit 2 - Deed of Lease/
    • Unit 2 - Deed of Lease 1 May 2016.pdf
  • /Unit 2 - Deed of Renewal/
    • Unit 2 - Deed of renewal of lease 21 Oct 2022.pdf
  • /Unit 3 - Lease Agreement/
    • Unit 3 - Lease Agreement.pdf
  • /Unit 4 - Agreement to Lease/
    • Unit 4 - Agreement to Lease.pdf
  • /Unit 5 - Agreement to Lease/
    • Unit 5 - Agreement to Lease 15 March 2023.pdf
  • /Unit 5 - Variation of Lease/
    • Unit 5 - Variation of Lease.pdf
  • /Unit 6 - Deed of Lease/
    • Unit 6 - Deed of Lease.pdf
  • /Unit 6 - Deed of Renewal/
    • Unit 6 - Deed of Renewal of Lease 14 Dec 2023.pdf
  • /Unit 7 - Agreement to Lease/
    • Unit 7- Agreement to Lease.pdf
  • /Unit 7 - Renewal Confirmation/
    • Unit 7 - Renewal Confirmation.pdf

Property Description

For Sale by Deadline Private Treaty closing 4pm,, Friday

• High Traffic Location: exposure from an average of 16,500 passing vehicles per
day
• Net income: $225,000 per year net (approximately)
• Weighted Average Lease Term: 4.5 years
Invest in the historic Firehouse Site strip mall, a thriving commercial hub in Sydenham. This property is home to seven well-established tenants, generating a substantial net income of approximately $225,000 net annually. The owner has recently invested significant capital in site improvements, including new landscaping and a refurbished parking area, enhancing both the property's usability
and appeal. This high-profile site in Sydenham offers a rare opportunity to acquire a lucrative, fully tenanted strip mall with a solid income stream and potential for future growth.The strategic location, coupled with recent enhancements, makes this an attractive investment for discerning buyers.

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Terms of Supply

By accepting “the information” contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information has been made available. This information has been prepared by Whalan and Partners Limited, trading as Bayleys (“Bayleys”) as agent for “the Vendor”. The information contains information that is publicly available, and/or sourced from third parties (and/or the vendor) and capable of independent verification. It has been prepared solely to assist interested parties in deciding whether to further their interest in the Property and Whalan and Partners Limited is acting as a conduit and merely passing this information over. Prospective purchasers must not confine themselves to the contents of the Information but should, in conjunction with their professional advisors, make their own evaluation of the Property and conduct their own investigation, analysis, and verification of the data contained in the Information and otherwise concerning the Property. Such evaluation should extend to and include whether there has been a change in the affairs or prospects of the Property since the date of the Information or since the date as at which any information contained in the Information is expressed to be applicable. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgment and contrary to the recommendation of the agent. Bayleys and the Vendor have not verified any of the detail contained in the Information and Bayleys and the Vendor make no representation or warranty as to the accuracy or completeness of the information and neither Bayleys nor the Vendor accept and/or shall have any liability whatsoever for the accuracy of any part of the information including any liability for any statements, opinions, information or matters (expressed or implied) arising out of, contained in or derived from the Information, or any omissions from, or failure to correct any information, or any other written or oral communications transmitted to any recipient of the Information in relation to the Property. By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from at any time. Whalan and Partners Ltd, Bayleys. Licensed under the REA Act 2008.

Contact Nick O'Styke

Whalan and Partners Ltd, Bayleys,

Licensed under the REA Act 2008

+64 3 375 4700   +64 27 696 9801   nick.ostyke@bayleys.co.nz   All Listings

Nick O’Styke’s strong work ethic, infectious energy, client centric approach has made him a leading name in Canterbury commercial and industrial real estate.

Hard at work since 2011, Nick operates on the principles of integrity and trust. He takes a no nonsense approach, building strong relationships through exceptional service and an easy-to-deal-with manner.

Nick believes that action is the key to success, and his results prove it. In twelve years, he has achieved well in excess of $450 million in sales, earning numerous awards along the way, including Number 1 for the Highest Settled Deal numbers in 2021/2022, averaging one settled deal per week, and more recently has achieved Bayley’s Coveted Number One Commercial & Industrial agent for 2022/2023 Nationally.

Not one to rest on his laurels, Nick approaches every property as a fresh challenge, with clients large and small gaining equal attention and dedication. Supported by his business partner, Anna Morawiec, Team O’Styke continues to deliver exceptional results for their clients across the country.

When Nick isn’t working, you’ll find him hunting, diving, fishing and spending time with his young family.

Contact Levi Dwan

Whalan and Partners Ltd, Bayleys,

Licensed under the REA Act 2008

033754700   027 455 1131   levi.dwan@bayleyscanterbury.co.nz   All Listings

Levi brings a background in tourism and management to the Commercial and Industrial team with over seven years of experience selling Aotearoa to worldwide visitors, he has mastered the art of effortlessly making people feel comfortable in his presence. Rising to the top of his field within the NZ tourism industry quickly led to global opportunities with companies such as National Geographic, G Adventures, Ponant and more. The highlights being several trips to both the Arctic and Antarctica, amongst others.
Combining these well-honed interpersonal skills with three years of retail management Levi understands the needs and desires of his clients and customer experience has been at the heart of everything he has done. Rearing to sink his teeth into a new industry, his energy is sure to translate into deals and anyone looking for reliable communication and client centric focus should give Levi a call today.
When Levi isn’t working you’ll find him hunting, playing golf or spending time his young family.