Discover this advantageous as-is-where-is opportunity at 413 Colombo Street, a secure and high-visibility office investment in a strategic location.
This freehold property spans 627m2 site area and features 278m2 of meticulously constructed building and five convenient parking spaces. This property presents exceptional value proposition with potential for further enhancement.
Key Features
- Freehold site area 627m2
- Well-constructed building area of 278m2
- Five car parks
- Prominent visibility
- Potential for value enhancement
- NBS Rating: 35% to 40%
- For sale as-is-where-is
At the intersection of Colombo and Wordsworth Street in the vibrant Sydenham suburb, this property enjoys a 47m street frontage providing excellent visibility for signage, incl a well-lit billboard ensuring maximum exposure to potential customers. Previously occupied by New Zealand Credit Union, this space has the potential to generate lucrative income and features purpose-built fit-out, designed to a high standard, catering to a wide range of potential buyers.
Sitting just two kilometres south of Christchurch City and serving as the gateway to the affluent Cashmere Hills - conveniently positioned just one block away from 'The Colombo' shopping mall. With easy access to both Moorhouse Avenue and Brougham St thoroughfares, this location ensures convenient access for staff and customers travelling by vehicle.
Please note that this property is being sold as-is-where-is, with the requirement for strengthening as outlined in the accompanying engineering report. Don't miss out on this lucrative investment opportunity at 413 Colombo Street!