1/182 Clarence Street, Riccarton, Christchurch

Affordable tenanted investment with great profile

• 74sqm retail unit with excellent profile within Windmill Centre
• Tenant in place since 2009 with a recently renewed two-year lease
• Proven location with established surrounding businesses
• Affordable, entry-level investment opportunity
• Net income $29,500
An excellent opportunity to secure an affordable, income-producing retail
investment in a proven location.

Unit 1, 182 Clarence Street comprises approximately 74sqm and is positioned within
the popular Windmill Centre, benefiting from strong profile and consistent foot
traffic. The property is leased to Kara Hair, a long-standing and established operator
who has occupied the premises since 2009 and has recently renewed for a further
two-year term, providing immediate and reliable holding income.

Sale by way of Deadline Private Treaty (unless sold prior) closing 4:00pm Thursday 16th April 2026 at Bayleys Canterbury, 3 Deans Avenue, Addington, Christchurch.

Property Files Link: //www.propertyfiles.co.nz/930610003