173 St Asaph Street Central, Christchurch Central, Christchurch

Split risk in redeveloped industrial premises

• Split risk, passive investment
• Strategic central city location
• Freehold site of 768sqm (more or less)

A former printing hall known as The Yard, 173 St Asaph Street offers a split risk, passive investment in a core central city location offering strong underlying land value.

Refurbished in 2018, and strengthened to 100% of the New Building Standard (NBS) and with a strong collection of office occupiers now in place, the property is well positioned to offer steady returns to a new purchaser.

Returning $455,942pa plus GST with built-in rental growth, The Yard is strategically positioned within the Christchurch South Frame area which is becoming increasingly popular for its concentration of re-purposed industrial buildings.

For sale by way of Deadline Private Treaty (unless sold prior) closing at 4pm on Thursday 22nd May 2025 at Bayleys, 3 Deans Avenue, Addington, Christchurch.

For further information or to arrange a viewing, contact the sole agents today.