An iconic Christchurch site, well known in the local market is now available for genuine sale. This is truly a high profile asset, underpinned with great lease terms and occupied by a tenant with an 80 year trading history and who has resided in this property for 10 years.
The building is particularly well suited to the current business with its ease to get too for the customers it serves and the drive through nature being operationally convenient.
The mixed-use land zoning is highly permissive, allowing for a wide range of future uses should the tenant ever decide to vacate. One could easily imagine a higher value use in the future, offering a great value-add opportunity for the new owner.
The exposure and profile exceptional and this site is sure to always be in hot demand. For now, there’s a strong industrial tenant onsite for four (4) more years with an additional right of renewal of six (6) years.
This is a high-profile, passive investment with future upside potential. A great long-term hold for any astute investor looking for dependable long-term rental returns.
Call the sole agents for more information.
For sale by Auction 10am, Thursday 23 July 2026.
Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.
*Boundary lines are indicative only.
Features:
* Iconic and Well-Known Christchurch Asset
* Strong Lease Terms
* Returning $238,630 + OPEX + GST
* Long standing tenant covenant
* Ability to change future use with highly permissive mixed use zoning
* Personally guaranteed lease
* Conventional asset for future uses
