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Property Ref: 79104

Christchurch Commercial Investment

Details Location Documents

Screenshot

Property Type: Retail, Investment Opportunities

Sale Type: Freehold Investment

Region: Canterbury

Physical Address: Papanui, Christchurch, New Zealand

Price: $1,595,000 +GST (if any)

Broker: Adam Berry

Mobile: 6421409441

Email: adam.berry@tourismproperties.com

4 x Prime Retail Shops / Rare Investment Opportunity!

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.

Register your interest early to secure this rare opportunity, we welcome all enquires. For further details and to arrange a private viewing, contact our specialist broker, Adam Berry on 021409441 or adam.berry@tourismproperties.com

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