Opportunity Knocks! Will Sell!

Auction

65-67 Victoria Street Christchurch Central View map

Listing # CIC45949 Listed 11 May 2017

Grenadier Real Estate Ltd (Licensed: REAA 2008) - Harcourts, Christchurch City's logo
Grenadier Real Estate Ltd Harcourts, Christchurch City

Licensed: REAA 2008

Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!
  • Opportunity Knocks! Will Sell!

About this property

Want to secure a prime piece of real estate?

Then you cannot go pass this centrally located post-EQ constructed building, on busy and popular Victoria Street.

Located directly opposite the Christchurch Casino and surrounded by other quality buildings with high profile tenancies, the property at 65 - 67 Victoria Street sits strategically mid-way in the block between Peterborough Street and Kilmore Street, and has the added advantage of Victoria Street frontage - one of the main arterial roads of Christchurch Central.

It also enjoys the advantage of having off-street parking for 7 vehicles to the rear of the building, accessed via rights of way from Kilmore and Peterborough Streets.

Address: 65 - 67 Victoria Street, Christchurch Central, Christchurch

Legal Description: Lot 1 DP 484488 + Lot 1 DP 22477

Net Rentable Floor Areas: 247.3 sqm (Ground Floor)
328.6 sqm (Level 1)
328.1 sqm (Level 2)
327.4 sqm (Level 3)
1,231.4 sqm

Land Area 893 sqm

Certificates of Title 686690 + CB2D/149

65 - 67 Victoria Street is a substantial four level building incorporating ground floor retail and three upper floors of open plan space with dual egress (direct access via a lift and central stairwell) that is suitable for various end uses. The building is also serviced with fire alarm system, sprinkler system, ducted air conditioning and ventilation systems.

The ground floor has been leased for a term of 5 + 2 x 5 years from 21 November 2016 with a net rent of $99,256 per annum plus GST and outgoings, while the upper floors are currently vacant.

There is also a conditional agreement to lease (subject to obtaining the necessary consents) the north-western elevation of the building for an initial term of 6 years for the installation of a digital billboard with a rent of $60,000 per annum plus GST.

Astute investors and owner/operators! Secure this prime piece of real estate and be part of the vibrant Victoria Street Precinct. Surrounding established businesses and developments underpin this fantastic prospect.

Reap the rewards from:

  • Exceptional profile, directly opposite the Christchurch Casino
  • Prominent site, within the vibrant Victoria Street Precinct
  • Post-EQ construction, for peace of mind
  • Flexible leasing options, to spread your risk.

Contact Harry Lim immediately for further information and to register your interest.

View more details at Harcourts

Enquire about this property


Harry Lim photo
Agent
Harcourts
98 Moorhouse Avenue
CHRISTCHURCH
8140
Harry Lim

Commercial for Sale Office Building

  • 1,231 m2 Floor
Auction Thursday 8 Jun 12:00pm

Agents Details

Harry Lim photo
Agent
Harcourts
98 Moorhouse Avenue
CHRISTCHURCH
8140
Harry Lim