811-815 Colombo Street, Christchurch Central, Christchurch

Solid investment, flexible spaces

Very rarely do we receive 'must-sell' instructions for properties of this quality. With no further use for the building the 49 shareholders are seeking return of their capital. They are definite sellers.
Your opportunity is to secure a near new building specially designed by award winning architects Sheppard and Rout. The location is excellent, close to many attractions and facilities and in the same block as the Christchurch City Council owned "Peterborough Central" which is planned to be a significant mixed-use development on the door step of the Christchurch Town Hall.

The property is fully leased with the investment risk split between two tenants with a solid weighted average lease term. One tenant is a major international IT business occupying approximately 73% by net rental with the balance leased to a niche restaurant. The annual net rental is $155,278 + GST.

The building offers many features including high ceilings, lift, air conditioning, extractor ducting, grease traps, and a security surveillance system. Importantly the building offers flexible tenancies from a single tenancy up to four tenancies across the two levels.

This property must be sold. Call Jeremy Speight or Campbell Taylor for more information.