This property will appeal to the astute investor, developer, or owner occupier seeking to secure a strategic holding in one of Christchurch’s fastest evolving city fringe precincts.
Positioned on the northern side of Cashel Street between Barbadoes Street and Fitzgerald Ave and within a short distance to the Christchurch CBD. 301 Cashel Street presents a unique opportunity to secure a well-located asset with a range of future value-add and redevelopment possibilities.
The surrounding precinct is currently undergoing significant revitalisation, driven by the opening of the new One New Zealand Stadium at Te Kaha and the continued regeneration of the eastern CBD.
This transformation is attracting substantial investment and encouraging the conversion of former industrial and warehouse style buildings into vibrant retail, hospitality, office, and mixed-use developments.
The property’s location places it at the doorstep of one of Christchurch’s most exciting growth areas, benefiting from increasing pedestrian activity and improving amenity. Sitting directly opposite the popular Smokey T’s restaurant and now neighboring the new bar and restaurant St Lui, creating strong long-term development fundamentals.
Demand is also emerging for residential, visitor accommodation, and motel-style developments as the city continues to expand and investment in surrounding infrastructure gains momentum.
Whether you are looking to secure a strategic landholding, reposition an existing asset, establish your own business premises, or undertake a future development project, 301 Cashel Street offers flexibility and significant upside within a rapidly improving location.
With Christchurch’s CBD office market experiencing historically low vacancy levels, rising rental growth, and increasing occupier demand, there has rarely been a better time to secure a foothold in this evolving precinct.
For sale by Auction 10am, Thursday 5 November 2026 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.
*Boundary lines are indicative only.
Features:
* ‘As is where is’ opportunity
* Land area – 1,241 sq m
* Building area approx – 750 sq m*
* Close proximity to One NZ Stadium
* Growth area of CBD
* Dual access via Hereford Street & Cashel Street
* Close proximity to core CBD
* Zoned commercial mixed use zone
* Current passing Income - $115,605 + GST + OPEX
* Opportunity to develop or occupy
