This property presents an exceptional opportunity to secure a well-positioned commercial asset in the heart of Timaru’s CBD. Located on the city’s main retail strip, this property combines heritage character with modern compliance, offering investors a reliable income stream and long-term security.
The vendors are motivated to sell as they look to release capital to invest in their next project, creating a genuine opportunity for purchasers to secure a prime CBD investment at a competitive level.
• Central Timaru Location – Situated on Stafford Street, the city’s primary commercial and retail hub, ensuring consistent foot traffic, visibility, and tenant demand.
• Earthquake Strengthened – to 80% NBS in 2022, providing peace of mind for investors and tenants.
• Quality Anchor Tenant – Secure tenancy in place from a national retail tenant with an established business, underpinned by a strong lease.
• Favourable Retail Area – Part of a thriving retail and service precinct, surrounded by complementary businesses, hospitality operators, and national brands.
With motivated vendors ready to move forward on their next venture, 218 Stafford Street offers astute investors a rare chance to acquire a quality commercial holding in South Canterbury’s key service centre.
