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Burnside

17 Sir William Pickering Drive

An exceptional opportunity to secure a premium commercial asset at 17 Sir William Pickering Drive. This high-quality building is anchored by an established tenant and further supported by a mix of smaller tenancies, delivering a robust and diversified income stream.

The land area comprises approximately 7,928m2 (more or less), with a total building area of approximately 3,288.5 m2 (approx.)  (including balconies). This includes 952m2 (approx.) on the ground floor, 970m2 (approx.) on the first floor, and 531m2 (approx.) on the second floor. The building is well configured into four leased tenancies, complemented by shared kitchen, bathroom, and lobby amenities.

Purposefully designed for modern functionality, the property has been carefully maintained and features keyless entry, advanced security systems, 104 on-site car parks, and a substantial backup power generator, ensuring both convenience and operational resilience.

The property returns a net operating income of $705,837.80 per annum, with a weighted average lease term of 8.17 years.

With an 80% NBS rating and a highly accessible location just minutes from Christchurch Airport and within walking distance of nearby amenities, this asset represents a compelling investment opportunity within a tightly held commercial precinct.

Contact David on 021622643 today for further information or to arrange a viewing.

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Burnside
By negotiation

17 Sir William Pickering Drive

Bedrooms
Bathrooms
m2
104
Parking Sp
For Sale

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