231 High Street is located in the heart of the Central City near the corner of Cashel Mall and High Street. The property forms part of the Central City retail precinct being just 50m from The Crossing and the ANZ Centre.
The property comprises a two storey building of circa 1,203m² with office on the first floor and retail or office space available on the ground floor.
The building has street access off High Street, which is part of the retail precinct. Home to a number of national and international retailers, including the likes of H&M and the Country Road Group. Also with vehicle access and parking accessible off Lichfield Street at the rear.
The building is 50m from H&M and is positioned to take major advantage of its location and proximity to these tenants now and in the future.
Development of the Eastern Frame and The Christchurch Stadium are set to improve this part of the city further along with it being the junction of the Innovation Precinct and in the high noise area, this building and its location could not be better positioned.
The building has been strengthened to 100% of NBS. The Detailed Engineering Report is available from the Agents.
The property is for sale by Deadline Private Treaty closing 4pm Thursday 14 March 2019 (unless sold prior).
Features:
• Level one is currently occupied by Change Healthcare (7 year term)
• Net income for level one is $196,690 + GST + OPEX
• The ground floor retail is currently vacant – the open space could be partitioned to create smaller tenancies
231 High Street is located in the heart of the Central City near the corner of Cashel Mall and High Street. The property forms part of the Central City retail precinct being just 50m from The Crossing and the ANZ Centre.
The property comprises a two storey building of circa 1,203m² with office on the first floor and retail or office space available on the ground floor.
The building has street access off High Street, which is part of the retail precinct. Home to a number of national and international retailers, including the likes of H&M and the Country Road Group. Also with vehicle access and parking accessible off Lichfield Street at the rear.
The building is 50m from H&M and is positioned to take major advantage of its location and proximity to these tenants now and in the future.
Development of the Eastern Frame and The Christchurch Stadium are set to improve this part of the city further along with it being the junction of the Innovation Precinct and in the high noise area, this building and its location could not be better positioned.
The building has been strengthened to 100% of NBS. The Detailed Engineering Report is available from the Agents.
The property is for sale by Deadline Private Treaty closing 4pm Thursday 14 March 2019 (unless sold prior).
Features:
• Level one is currently occupied by Change Healthcare (7 year term)
• Net income for level one is $196,690 + GST + OPEX
• The ground floor retail is currently vacant – the open space could be partitioned to create smaller tenancies
• Land area 899m²
• Onsite car parking
• Dual Street frontage/access
• Net income $203,840 + GST + OPEX