A prized opportunity has emerged on Christchurch’s city fringe, with a large format, A-grade office floor becoming available for lease at 12 Moorhouse Avenue from July.
Level 1 of the contemporary five-storey building, which overlooks Hagley Park, offers approximately 1,528sq m of quality workspace complete with an existing fit-out – presenting substantial cost savings for future occupiers.
Colliers Christchurch Director of Commercial Leasing Brynn Burrows says the space represents exceptional value for businesses seeking premium accommodation outside the CBD.
Essentially, the office is suitable for any organisation to simply move in, says Colliers Office Leasing Broker Tom Lax, who is marketing the space with Burrows.
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“This is a large, A-grade floorplate with an excellent fit-out, great natural light and outlook provided by the central core layout,” Lax says.
“There’s a huge capex saving for any incoming tenant as the standard of fit-out would cost around $1,200 to $1,500 per square metre.”
The existing layout includes multiple meeting rooms, a generous boardroom, kitchen and tea point, providing a functional workspace that can be refreshed or reconfigured at minimal cost to suit specific requirements.
Global professional services firm WSP is the anchor tenant at 12 Moorhouse Avenue, reflecting the quality of both the property and its occupier mix.
Current tenant Chorus is consolidating to High Street in the CBD, so the first-floor space is available.
The building’s location on one of Christchurch’s main arterial routes offers excellent accessibility, particularly for businesses with mobile workforces or sales teams.
On-site car parking and a ground-floor cafe enhance the building’s appeal, while the proximity to Hagley Park provides immediate access to green space for staff wellbeing and the new Parakiore aquatic and leisure centre is just down the road.
“We’re seeing the cumulative effect of the major infrastructure investments create a central city that offers genuine vibrancy and reasons to be here beyond traditional office occupancy,” Burrows says.
Christchurch is bucking the national trend with large and medium-sized enterprises growing and that creates positive demand for office space for at least the next two-to-three years.
“The ‘southern drift’ concept of families relocating is not just a buzzword or wishful thinking – companies and government departments are receiving strong interest from existing employees to move because of the attraction of Christchurch’s lifestyle and affordable housing.”
- Supplied by Colliers
