For immediate use – April 15
Central Christchurch Flagship Investment Available
A flagship portfolio investment property, which is also a hot-spot for local party-goers, is for sale in central
Christchurch.
Iconic Bar on the corner of Manchester and Gloucester Streets is a well patronised and successful bar, in the same
building as The Clinic, an established medical centre.
Simes chief executive Layne Harwood says there is no finer investment of its type available.
“This is the highest profile destination retailing address in the city, with established tenants and high marketing
profiles,”
he says. “Both tenants have long-term leases and successful businesses, which means this is a landmark CBD
investment and income.”
The buildings date back to the 1920s and have been extensively refurbished and tailored to their current use, providing
an annual income of $390,000.
The property is for sale by private treaty.
ENDS