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Phillipstown

474 Tuam Street, Phillipstown, Christchurch

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506sqm Land area SQM
375sqm Floor area

Asking Price NZ$750,000 + GST

 (if any)

Cafe & roastery vacating


• 506 sqm site, approximately 375 sqm floor area
• Vacant possession 30 June 2024
• North facing with well presented showroom, offices and warehouse

This established roastery and cafe is relocating after more than 20 years, leaving a property with excellent street appeal and a mix of tastefully presented offices, showroom and storage areas. A tilt door provides access to the rear warehouse and storage area of approximately 195 sqm, plus there's a small mezzanine.

The north facing showroom, formerly a cafe, comprises approximately 85 sqm with the balance in offices and amenities. Notably, although the seismic rating is 38% NBS, there was only minor or superficial damage stated in the engineering report; the property is fully insured. Ample on-street parking supplements 3 onsite car parks.

With vacant possession on 30 June 2024, this rare opportunity will appeal to conventional investors, owner occupiers and add-value investors.

Jeremy Speight

Jeremy Speight

Commercial, Industrial and Development Sales and Leasing

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

Features

Floor area details


375sqm

Land area breakdown


506sqm

Seismic (NBS rating)


38% NBS

Parking


Three (with ample street parking)

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Property files

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