The property offers purchasers a compelling combination of location, scale, flexibility and future potential. The three title configuration provides a range of options for investors seeking to reposition or enhance a Central City commercial holding.
With multiple buildings and a versatile mix of space, the property provides the potential to accommodate a range of commercial uses while offering flexibility for future ownership strategies.
Having been tightly held and unavailable to the open market for more than 35 years, this is a genuine opportunity to secure a substantial Central City asset with strong underlying fundamentals and long term potential.
For sale by Auction 4pm, Wednesday 30 September 2026 (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:
- Net income $302,000 plus GST
- Site entails 3 buildings incorporating Music Works, Ferntech and Midea tenancies
- Land area 2,279 sq m plus one half share in 328 sq m
- Zoned Central City Mixed Use
- Buildings individually titled with auxiliary car parking
- Located on the northern boundary of South City Mall and within 500 metres of the CBD
- Attractive income spread anchored with 6 year renewal to Music Works
- Net lettable area 1,107.94 sq m
More information: https://www.colliers.co.nz/p-NZL67042205