Perfection on Poplar – Vendor committed elsewhere

144 Lichfield Street, Christchurch

Investment For Sale

Auction to be held at 10am Thursday, 9 Nov 2017 (Unless sold prior)
Land Area: 938.00 m2.    Floor Area: 1,596.00 m2.    

Description

Investors are rarely given the opportunity to secure a trophy asset which boasts not only the charm of yesteryear but enjoys the structural integrity equivalent to a brand new build. The property is underpinned by highly regarded proven performers in the hospitality business world with the added benefit of the covenant associated with Christchurch City Council.

Quality tenants include Dux Central, PotSticker Dumplings, Sal's authentic New York Pizza and Canterbury Development Corporation.

The vendors have committed to their next project creating a rare opportunity to acquire such a unique property.

For sale by Auction 10am, Thursday 9 November 2017 at Colliers International Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch (unless sold prior).

 

Lichfield St Christchurch CIty from Walk Through on Vimeo.

Features

  • Net lettable area: 1,596.8m² approx
  • Total site area: 938m² approx
  • Net rental $581,271 pa
  • A Grade seismic rating (100% NBS)
  • Quality tenant covenants, long term leases (WALT 9.28 years)
  • Conservative rental rates
  • Leases have structured growth
  • Within close proximity to car parking building
  • Meticulously restored
  • Rare piece of Christchurch History

Specifications

Price Net rental $581,271 pa
Opportunity Quality tenants, long term leases
Rating A Grade seismic rating (100% NBS)

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