Ad ID: 101644

Invest, Nest or Redevelop this Property for Sale Central Christchurch

Enquire about this "Invest, Nest or Redevelop this Property for Sale Central Christchurch" property on nzcommercial

Zoned Residential Central City but with a Resource Consent that permits selected commercial use, these two rather special townhouses (on freehold titles) and with commercial tenants currently in place.

Location:
185 & 185a Peterborough Street
Christchurch Central
Christchurch
Type:
No. of Car Parks:
3

Commercial Property for Sale Description

Invest, Nest or Redevelop this Property for Sale Central Christchurch 185 & 185a Peterborough Street

#185A (the rear property) has 4 bedrooms, 3 bathrooms and 2 kitchens over two levels and occupies a 267m2 site and is leased at $52,000 (plus GST) per annum until May 4, 2023.

#185 (the front property) also comprises 4 bedrooms, 3 bathrooms and 2 kitchens spread over its two levels, nestled on a freehold parcel of 262m2. The ground floor is currently leased at $25,000 (plus GST) per annum until October14, 2023, with a Right of renewal for a further 3 years.

You may choose to buy one or both of these properties, and either enjoy the immediate income, or reside in one, or perhaps your preference might be to buy both and redevelop the combined 529m2 site?

Whatever your preference, this is a rare opportunity to secure an attractive  property (or two!) in the midst of an area that has undergone quite a transformation since the earthquakes and looks certain to become an even more desirable area in which to live and work.

Interested In This Opportunity?

Email to a friend / myself

 

Share this:

For more info
Contact: John Morrison

John Morrison

0275360012
Harcourts Ilam
Broker Ref: IL2573, IL2577
Licensed REAA 2008

Sign up for the Latest Commercial Properties

COMMERCIAL PROPERTY BULLETINS
quickly get the newest opportunities.

SELECT BULLETIN(S):
  •