Colliers International, as sole marketing agent, is pleased to present 40 Welles Street, Central Christchurch. The near new building was modelled and built with the frontage to Welles Street, replicating a San Francisco Fire Station.
It was completed post earthquake, in 2014, and is designed to suit both tenancies equally. Overall, it is an attractive building.
The ground floor tenant, Winnie Bagoes, is a long, established business and is directly targeted at the family dining sector. It is probably one of the strongest on-premise pizza businesses in Christchurch. It continues to trade well.
The first level tenancy is occupied by Gravitas Consulting Limited, a busy architectural design business with approximately 10 staff. They occupy a modern and well designed tenancy, which is ideally laid out for their purposes.
The purchase of 40 Welles Street should make a welcome addition to any investors portfolio and continue to provide an excellent return well into the future.
Contact the sole agents for further information or to arrange an inspection.
For sale by Auction held 10am, Thursday 13 August 2020 (unless sold prior). Auction venue is Colliers International's Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.
Ref #: 20502343
