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Riccarton

1 Riccarton Road, Riccarton, Christchurch

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2,940sqm Land area SQM
1,009sqm Floor area
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For sale - lock, stock and barrel


• Parkview Hotel - 40 rooms - vacant possession
• Potential to develop a further 20 plus rooms
• Two long standing restaurants providing base income
• Car park building with 94 parks service restaurants and hotel
• 73% NBS rating (2013)

The entire property is available to purchase, one of the highest profile properties in Christchurch, located on the corner of Riccarton Road and Deans Avenue adjacent to Christchurch's iconic Hagley Park. The ground floor of the Parkview Hotel is tenanted by two established and highly regarded restaurants, Monster Chicken and Thai Chef, with both having access to the 94-park car park building at the rear in conjunction with hotel guests.

A unique opportunity that offers considerable further development potential, contact the sole agents for further information.

For Sale by Negotiation
Blair Young

Blair Young

Commercial and Industrial Sales and Leasing

Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Amenities


Parkview Hotel - 40 rooms

Opportunity


Potential to develop a further 20+ rooms

Occupancy


Two longstanding restaurants providing base income

Parking


Car parking building with 94 car parks to service hotel and restaurants

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