Christchurch Central
919 Colombo Street, Christchurch Central, Christchurch
+16
Rare boutique commercial investment opportunity
Bayleys are proud to bring to the market for sale for the first time in 32 years, 919 Colombo Street.
Situated on the corner of Colombo Street and Bealey Avenue, this high-profile asset is a solid split-risk investment featuring three established tenants returning $135,894 per annum plus GST and Opex.
This well-maintained property offers double-glazed offices, CCTV, and air conditioning throughout. It is complemented by a popular on-site café and enjoys amazing exposure to approximately 30,000 passing vehicles daily.
Located in a vibrant area with a mix of modern residential properties, tourist accommodation, large medical facilities, retail, and office buildings, the property benefits from exceptional access to the CBD and major arterial routes. This is truly an investment not to be missed.
Key features:
- Floor area: 448 sqm
- Land area: 481 sqm
- NBS: 67%
- 10 secured off-street parks (8 under cover)
- Occupancy: 100%
- Returning: $135,894pa +GST + Opex
- Vendors will underwrite the lease expiring in January 2025 for 12 months
This rare opportunity promises consistent returns and pride of ownership, making it a worthy addition to any portfolio or a solid standalone investment.
Price by negotiation. Contact us today to learn more about this exclusive offering.
Levi Dwan
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Steven Schwalger
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Floor area details
448 sqm
Land area breakdown
481 sqm
Passing income
$135,894pa + GST + OPEX
Parking
Ten secured off-street parks
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