2 Grigson Street, Waimate, Canterbury

An outstanding opportunity to secure a quality commercial investment with immediate rental income and the security of an established long-term tenant.The property is to be leased to the current owner on an attractive 5 x 5 x 5-year term, providing investors with confidence through built-in renewal and long-term income potential.The building has a 72% New Building Standard (NBS) rating, offering reassurance for both owners and tenants while meeting current commercial building expectations.Property Highlights:• Immediate rental income from settlement.• Secure 5 x 5 x 5-year lease.• 72% NBS seismic rating.• Established tenant providing dependable cash flow.• Excellent investment opportunity for both seasoned and first-time commercial investors.• Low-maintenance asset with long-term investment appeal.Whether you're looking to expand your commercial portfolio or secure a stable investment with strong fundamentals, this property offers the ideal combination of reliable income and future potential.Contact us today for further information, including lease details, rental return, and an information memorandum.Disclaimer:Please note, general property details are sourced from property data software and local council records and we may not have been able to verify the accuracy of some information. All intending purchasers are advised to conduct their own due diligence investigations. Enting Real Estate Limited Licensed (REAA 2008).