2 Bishopdale Court presents a fully leased retail investment located in the vibrant heart of Bishopdale, a well-established and high demand suburban precinct. Positioned prominently on the corner of Farrington Avenue and Bishopdale Court, the property benefits from excellent exposure and convenient access, with ample street front car parking directly outside the tenancies.
The building comprises two ground floor tenants an established sushi bar and a local dairy while the entire upper level is occupied by The Portrait Studio. This diverse tenancy mix provides a split risk income stream and long term rental stability. The Portrait Studio is set to vacate in May 2026, creating a strategic opportunity for an incoming purchaser to either occupy the space or reposition the tenancy for added investment value.
This asset represents an exceptional opportunity for both investors and potential owner occupiers, offering immediate income with future upside. Located in a popular retail zone with a strong local catchment and consistent foot traffic, 2 Bishopdale Court stands out as a smart, well located retail asset with built in value add potential through lease re-engineering or rental growth.
The property is offered for sale by Auction 10am, Thursday 18 September 2025 (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:
- 100% occupied with top floor becoming vacant in May 2026
- Located near key Bishopdale amenities including New World Supermarket
- Strong potential for rental income or owner occupation
- Floor Area 225m2 (more or less)
- Split risk tenancy mix
- Net income $55,073 plus gst p.a
More information: https://www.colliers.co.nz/p-NZL67035849
