Few Christchurch offices can match the car parking and location of 20 Moorhouse Avenue – directly across from Hagley Park and just a couple of blocks’ walk from the new Parakiore recreation and sports centre and Christchurch Hospital.
This substantial parkside office building with a premium outlook is being marketed by Colliers Christchurch Investment Sales Brokers Mark Macauley and Marius Ogg.
The two-storey, 2,612sq m office building on a 3,596sq m freehold site is offered for sale with vacant possession and carries a 100 per cent New Building Standard rating.
“City fringe office buildings of this scale and quality don’t come to the market very often, let alone ones that offer vacant possession,” Macauley says.
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“We expect interest from owner-occupiers wanting to secure their own headquarters as well as investors looking to add a quality building to their portfolio and hold it for the long term, knowing that new tenants will appreciate the location.
“Being able to control a building of this size, directly opposite Hagley Park, is a genuinely rare opportunity.”
With its open green space, mature trees, and walking and cycling paths, Hagley Park offers a lunchtime escape and a daily dose of fresh air seldom found this close to a CBD office.
A standout feature of this accessible Moorhouse Avenue property is its 78 on-site car parks, a ratio that is extremely hard to find close to the city.
The building was comprehensively refurbished in 2017 for the present tenant and offers natural light on all four sides thanks to its regular floorplates and modern efficiency.
That layout gives the investment real flexibility as it can be occupied by a single business across both levels or each floor can be subdivided to accommodate multiple tenants, Macauley says.
“This part of Moorhouse Ave has firmly established itself as one of the city’s best-connected fringe office locations as it’s easy to get to and from this neighbourhood,” Ogg says.
“You’ve got direct access into the CBD, easy links out to the motorway network and Blenheim Road and all the day-to-day amenity of Tower Junction on your doorstep – cafes, bars, and now Parakiore just down the road.
“For employees working in the building, that combination of Hagley Park and a world-class recreation facility within walking distance is a real point of difference.”
The current tenant is not vacating until March 2027, allowing scope for some short-term holding income while a new owner finalises plans.
The property is for sale by deadline private treaty closing at 4pm on Thursday 20 August, unless sold prior.
- Supplied by Colliers
