A tightly held, fully leased retail investment positioned in Christchurch’s highly desirable North-West commercial precinct. Offering stable income, strong tenant covenant, and future upside potential, this asset is ideally suited to passive investors seeking long-term security and growth.

The Opportunity

• Freehold commercial investment in a proven location.

• Four established retail tenancies providing diversified income.

• Affordable price point.

• Fully leased, with strong occupancy history.

• Long-term ownership history reflecting asset strength.

• Contract rental aligned with market levels.

• Favourable WALD (Weighted Average Lease Duration) supporting income certainty.

• Additional Income Potential via electronic signage.

• Contract Rent $97,500+p.a.

• Land Area: 361sqm

• Supported by a favourable independent Market Valuation report.

Location

Strategically positioned within Christchurch’s favoured north-west suburbs, the property benefits from:

• High-profile frontage to a key arterial route (Papanui Road).

• Strong surrounding residential catchment.

• Established retail and service hub environment.

• Approx. 5 minutes to Christchurch CBD.

• The property benefits from rear access enhancing tenant functionality.

Investment Highlights

• Proven ‘set and forget” passive investment.

• Well suited to hands-off property management.

• Diversified tenancy mix reducing income risk.

• Secure freehold title.

• Rental growth potential over time.

• Add-value opportunity through signage revenue (subject to consents).

Opportunities of this calibre-combining location, income mix, and potential upside-are increasingly scarce and tightly held long term investments in the Christchurch market. This asset presents a compelling acquisition for investors seeking a quality affordable retail holding in one of the best locations in town. An excellent fit for passive investment and property management.

For further details and to arrange a private viewing, contact our specialist broker, Adam Berry on 021409441 or adam.berry@tourismproperties.com