The opportunity
Colliers and Frank Commercial are pleased to present this tenanted mixed-use investment at 442-472 Tuam Street in Christchurch Central.
This investment opportunity is underpinned by a large land holding close to the CBD and the new Multi-Use Arena, Te Kaha. Four buildings occupy the vast site of 9,065sq m with a mixture of tenants. The regularly shaped site occupies a prominent corner position with three street frontages, providing maximum development potential.
Features
• Significant land holding
• Proximity to the CBD
• Multiple freehold titles
• Passing income $1.215m pa
• Three street frontages
• Multi tenanted
• Affordable rental rates
• Potential to re-zone in the future to mixed-use zoning
The property is offered for sale by Deadline Private Treaty: 4pm, Thursday 27 October 2022 (unless sold prior)
Contact the agents today for more information.
*Boundary lines are indicative only.