Secure CBD income - untapped investment potential
• Attractive proposition for investors seeking scale, security and future growth
• Six established tenants providing diversified income
• Significant value-add potential through five existing vacancies
Prominently positioned at 663-665 Colombo Street, this significant multi-tenanted commercial property generates an established rental income stream, complemented by considerable potential for future growth.
Anchored by a government-backed tenant and supported by five additional occupiers, the property offers a diversified income profile with opportunities to enhance returns through the leasing of vacant ground-floor retail space, proactive asset management and the strategic activation of underutilised areas.
Strategically located within Christchurch's CBD, the property benefits from excellent proximity to the city's key commercial, retail and hospitality precincts, while its favourable 80% NBS rating further strengthens its investment appeal.
Combining strong holding income with genuine value-add potential, 663-665 Colombo Street presents a compelling opportunity for investors seeking scale, income security and exposure to Christchurch's evolving commercial property market.
For sale by way of International Tender (unless sold prior) closing at 4pm on Thursday 3rd December 2026 at Bayleys Canterbury, 3 Deans Avenue, Addington, Christchurch.
For further information please refer to: www.propertyfiles.co.nz/property/5532013, or to arrange a viewing, please contact the Sole Agents today.
• Six established tenants providing diversified income
• Significant value-add potential through five existing vacancies
Prominently positioned at 663-665 Colombo Street, this significant multi-tenanted commercial property generates an established rental income stream, complemented by considerable potential for future growth.
Anchored by a government-backed tenant and supported by five additional occupiers, the property offers a diversified income profile with opportunities to enhance returns through the leasing of vacant ground-floor retail space, proactive asset management and the strategic activation of underutilised areas.
Strategically located within Christchurch's CBD, the property benefits from excellent proximity to the city's key commercial, retail and hospitality precincts, while its favourable 80% NBS rating further strengthens its investment appeal.
Combining strong holding income with genuine value-add potential, 663-665 Colombo Street presents a compelling opportunity for investors seeking scale, income security and exposure to Christchurch's evolving commercial property market.
For sale by way of International Tender (unless sold prior) closing at 4pm on Thursday 3rd December 2026 at Bayleys Canterbury, 3 Deans Avenue, Addington, Christchurch.
For further information please refer to: www.propertyfiles.co.nz/property/5532013, or to arrange a viewing, please contact the Sole Agents today.
Key features
Opportunity
Attractive proposition for investors seeking scale, security and future growth
Occupancy
Six established tenants providing diversified income
Available
Significant add-value potential through five existing vacancies
