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The Opportunity

Colliers presents 158 Gloucester Street, Central Christchurch, to the market for sale.

158 Gloucester Street in Christchurch presents a remarkable chance to acquire a lucrative investment property.

We invite you to explore this remarkable building and its enviable location firsthand, and to appreciate the stunning vistas from its upper levels.

Features:

Fully occupied
CBD location
Great natural light
Great views
50 car parks
Net annual rental $1,764,915 pa
Excellent car parking nearby
Flexible floor plates
Completed post earthquake

For sale by Deadline Private Treaty closing 4pm, Tuesday 26 March 2024 (unless sold prior).

Highlights

Fully Occupied

Situated at the heart of Christchurch’s bustling CBD, this property boasts a prime location spanning 1,206 sqm of land. Across its seven levels, are five levels of office, complemented by two levels of secure parking.

Head lease to an iconic national brand until January 2028, with two four-year renewal options, the building accommodates a national brand with subleases to Synlait, Cosgroves, and Global Office.

CBD Location

Enjoying abundant natural light and picturesque views, the property features a striking replica historic facade. Within close proximity, discover a wealth of amenities including cafes, restaurants, bars, and retail outlets. Just moments away lie Cathedral Square, Tūranga Library, Theatre Royal, The Piano, New Regent St, the Retail precinct, and Te Pae Convention Centre.

The Agents

Hamish Doig

Managing Director

Licensed Under the REAA 2008

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Courtney Doig

Investment Sales Broker

Licensed Under the REAA 2008

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Location

Sales Process

Deadline Private Treaty 26th Mar 2024 16:00:00 (Unless sold prior)

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