Asking Price: $1,171,000 + GST (if any)
Secure a premium commercial investment in one of Christchurch’s most tightly held city fringe locations. This modern, low-maintenance property offers immediate passive income, exceptional tenant security, and long-term investment appeal.
Returning $82,000 + GST + Outgoings per annum, the property is leased on a brand-new 5 + 5-year lease to a strong established tenant, delivering an attractive 7% net return from settlement.
With a current RV of $1.38 million, this represents an opportunity to secure a quality commercial asset below RV.
Located on busy Colombo Street in the heart of Sydenham, the property benefits from outstanding exposure, strong passing traffic, and excellent access to Christchurch CBD and major arterial routes.
Constructed only a few years ago, the building features a 100% NBS seismic rating, modern construction, and low maintenance requirements, providing investors with confidence for years to come.
A standout feature is the 10 exclusive on-site rear car parks—a rare and highly desirable asset in this location that enhances tenant appeal and long-term value.
Investment Highlights
*Asking Price: NZ$1,171,000 + GST (if any)
*7% Net Return
*$82,000 + GST + Outgoings annual income
*Brand-New 5 + 5-Year Lease
*Strong Established Tenant
*Modern Post-Earthquake Building
*100% NBS Seismic Rating
*Approximately 210m² floor area
*10 Exclusive On-Site Car Parks
*High-profile Colombo Street frontage
*Excellent exposure and signage opportunities
*Prime Sydenham / Christchurch City Fringe location
*Current RV: Approximately NZ$1.38 million
Whether you’re an experienced investor, syndicate, or family trust, 463 Colombo Street offers the rare combination of strong income, quality construction, secure tenancy, excellent parking, and an unbeatable location.
Commercial investments of this calibre rarely become available. Contact the agent today to receive the Information Memorandum or arrange your private inspection.
Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken, and some photographs may have been digitally enhanced for marketing purposes. Areas, amounts, measurements, distances, and all other numerical information are approximate only.
Note: Every care has been taken to verify the accuracy of the details in this advertisement. However, its accuracy cannot be guaranteed. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
