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Unique Commercial Opportunity for Purchase!

5 Russell Terrace, Blenheim

Office Building
dollar

Asking Price $699,000 Plus GST (if any)

Floor area
240m2
Land area
276m2
Covered park
2
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Property details

Listing # BLN32954 | Listed on 16 July

Position Your Business Where Blenheim's Future is Taking Shape

Opportunities like this are becoming increasingly scarce. Situated alongside the ASB Theatre and within one of Blenheim's most exciting redevelopment precincts, this commercial property is perfectly positioned to benefit from the transformation of the former Clubs of Marlborough into a boutique hotel, premium wine and food destination, and vibrant hospitality hub.

Just moments from the heart of the CBD, this well-presented commercial building offers approximately 240sqm of versatile space over three levels, featuring six private offices, a generous boardroom, welcoming reception area, and two onsite car parks.

As investment and development continue to reshape this part of the city, now is the time to secure a property that places your business or investment in the centre of future growth.

For further information on the surrounding development, copy and paste the following link into your browser:

http://www.thepress.co.nz/nz-news/360741083/milestone-moment-blenheim-hotel-gets-resource-consent?fbclid=IwQ0xDSwLfvJRleHRuA2FlbQIxMQABHkWD0k6MaS11Od3kTzWMOJD4JIlW_xZKVP3eGR4jaQtxgz6Ozaplil5vLtnZ_aem_rvBckTul3lwwa-cUgPPebA

Key Features:

  • Owner Occupancy
  • Approx. 240sqm across three levels
  • Six offices, spacious boardroom and reception area
  • Two valuable onsite car parks
  • Commercially zoned
  • Structurally strengthened to 67% NBS
  • Positioned within Blenheim's rapidly evolving commercial precinct

With major investment underway in the surrounding area and commercial opportunities in tightly held locations becoming increasingly limited, this is your chance to secure a strategic foothold before values and demand move with the area's continued growth.

Price: $699,000 Plus GST (if any)

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