This prime investment opportunity is superbly positioned at the entrance of the Brackenfields Retail complex, with huge profile to State Highway 1, and only a circa 30 minute drive from Christchurch city.
The 3035sqm freehold site boasts approx. 60m of frontage, two highway entrances, and a third access via Brackenfields, home to Countdown and 15 specialty stores. Previously a strip-retail site, it now features a modern NPD self-serve service station opened in 2020.
The Business 2 zoning supports a wide range of uses including retail, offices, healthcare, and visitor accommodation. With significant traffic flow and rapid local population growth, NPD has earmarked land onsite for a future convenience store when the time is right. To secure their multimillion-dollar investment, NPD holds a new 15-year lease plus renewals extending to 50 years.
Amberley is thriving thanks to its country charm, strong agri-economy, and easy access to Christchurch via the Northern Corridor. The population, according to The Press, is set to nearly double with major developments underway, including a $200m retirement village and approx. 700 new lots.
Investors who are searching for long-term security, strong fixed rental growth, and the fundamentals of a very desirable underlying land holding, need look no further. This will sell quickly, so early engagement is encouraged.
For sale by Deadline Private Treaty closing 4pm, Wednesday 30 April 2025 (unless sold prior).
*Boundary lines are indicative only.
Features:
* Freehold site of 3,035 sq m
* Positioned on State Highway 1, just 30 minutes from Christchurch City
* New fifteen year lease
* Annual rental $140,000 pa + Outgoings + GST
* NPD operating for over 50 years
* Fixed annual rental increases
* High-profile site with circa 60m frontage
* Positioned in front of major retail development
