Central Christchurch Flagship Investment Available
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