We are thrilled to bring to market this outstanding, post-earthquake constructed retail investment – a truly unique offering in the gateway to the affluent hill suburbs and beach side areas of Redcliffs, Moncks Bay, Mount Pleasant and Sumner.
This architecturally designed property is more than just bricks and mortar, it represents decades of passion and care from the Turnbull family, who have operated their much-loved homewares, café and interior design business, Casual & Country, from this location for over 30 years.
A Christchurch institution in its own right, Casual & Country is known for its curated selection of timeless furniture, interior design pieces and homewares, all hand-selected with quality and style in mind.
Now, with retirement on the horizon, the Turnbulls are offering the land and buildings for sale, fully tenanted, returning an attractive net income of approximately $459,864 + GST per annum. This is a chance for an astute investor to secure a modern, seismically resilient asset with a diversified tenant mix and genuine long-term appeal.
However, the real opportunity here is for an owner-occupier to take over the iconic Casual & Country showroom and warehouse, spanning an impressive 380m² of Showroom and 150m² of Warehouse. This portion of the property is the cornerstone of the complex and will be made available with either a short leaseback or vacant possession, presenting a perfect proposition for a business owner to step into an established, high-profile location and make their mark.
Anchoring the complex is the popular Ten27 Café, secured on an 8-year lease with structured rental growth, and supported by five boutique retail tenancies that front the central shared car park. This carefully curated mix includes businesses in beauty, fashion and hospitality, with one of the standout tenants being Oulala, a stylish wine and cheese bar that has become a local favourite.
Adding further value is a high-impact digital billboard fronting busy Ferry Road, delivering continuous visibility and passive advertising revenue, while also offering promotional opportunities for on-site businesses with the added benefit of being able to add a second screen.
This asset was purpose-built post-earthquake, designed and engineered to meet modern building codes and withstand future seismic events, ensuring easier maintenance and repair in the event of any future movement – a significant peace-of-mind factor for owners and tenants alike.
Whether you’re an investor looking for a strong, future-proofed income stream or an owner-occupier ready to step into an iconic space, this is a one-of-a-kind opportunity to secure a piece of Christchurch retail history with all the benefits of modern construction, proven tenant demand, and enduring local appeal.
Don’t miss this chance to be part of the next chapter of Casual & Country.
For sale by price by negotiation.
*Boundary lines are indicative only.
Features:
* Multi tenanted post-earthquake offering
* Option for Owner Occupier to secure the home store tenancy
* Significant land Holding with 31 on site car parks
* Excellent street frontage and presence
* Billboard rental providing diverse income stream
* Located in a strong residential catchment and gateway to the affluent suburbs of Redcliffs and Sumner
* Total combined income $459,865
* Land area 2,502 sqm
