Is there anyone else looking for a commercial property in Chch for an investment?

They seem to be priced to an 8% yield (which just about covers finance costs) for smaller properties, the available leases seem to get snapped up quite quickly. The are properties available but not much is being built yet because of the geotec and insurance issues, the building costs are heading North and will accelerate when rebuild gets started.

So buying a newish property that did well in the quakes seems like a good buy at the moment?

Comments welcome??