Available PropertyFiles:

  • Floor Plans Urbanz - bunk beds listed.pdf
  • Memorials re Covenant for ROW's.pdf
  • NBS Urbanz 67% building code - PS4 and PS3.pdf
  • Title.pdf
  • /Asbestos Removal Quote/
    • Asbestos removal quote and payment Urbanz 2015.pdf
  • /Engineering /
    • NBS Urbanz 67% building code - PS4 and PS3.pdf
  • /Floorplans/
    • Floor Plans Urbanz - bunk beds listed.pdf
  • /Information Memorandum /
    • Information Memorandum template_273 Manchester_Email.pdf
  • /Insurance/
    • Policy Summaries.pdf
    • Statement & Invoices.pdf
  • /LIM Report /
    • LIMH01021324 Report_compressed.pdf
  • /Title/
    • Title.pdf

Property Description

Sitting proudly overlooking Manchester Street and on the back doorstep of the Christchurch Cathedral, the location of this property is outstanding.

273 Manchester Street ideally lends itself to a redevelopment of the existing premises to a variety of options but perhaps more suited to upstairs offices and ground floor retail. It contains approximately 8 carparks at the rear of the building at ground level.

It currently operates as a successful backpacker/budget accommodation business that survived Covid and is currently experiencing strong bookings which will be of interest to investors or operators in this space.

All interested parties will be aware that the new Christchurch multi purpose covered arena “Te Kaha”, is now confirmed to be constructed and is due for completion in 2026.

It should be noted that the chattels of the current business are not included in the sale but should any intending purchaser wish to negotiate the purchase of all or part of the chattels then this option is available and will be by separate negotiation with the vendor.

Please contact the sole agents for further information or to arrange a time to view.

*Boundary lines are indicative only

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Michael Lough

South Island Commercial Limited trading as Colliers REA 2008

Level 1, 181 High Street, Christchurch Central

03 365 7887   021 030 4270   michael.lough@colliers.com   All Listings

A tenacious broker, Mike adopts a targeted approach to each and every campaign to unearth a strong group of potential buyers, generating competition for all his properties. This strategic and carefully considered approach has earned him an impressive track record. His meticulous planning results in great outcomes for his clients, who are happy to provide glowing references. Mike also has an enviable network of personal and professional contacts.

Mike negotiated more than $50m of sales in his first 18 months, from as is where is, office, and vacant land. He has established a specialist niche in accommodation assets where he works with a strong group of national buyers seeking investment opportunities in the South Island.

He has a Bachelor of Design (Visual Communication).

Contact Philip Cooper

South Island Commercial Limited trading as Colliers REA 2008

Level 1, 181 High Street, Christchurch Central

033657887   021326245   philip.cooper@collierscanterbury.com   All Listings

Philip has built a long and impressive record in commercial sales and the hospitality and accommodation sectors. He enjoys excellent relationships with all levels of the business community. His business career extends over 30 years in the hospitality and the property sector and owning businesses in Christchurch.

Philip’s experience and relationships enable him to inter react readily with all clients. He has achieved numerous notable transactions over the years, including: South City Mall $46.0m; and EntX, 527 Colombo St $48.0m. He continues to represent many long term clients and is fully aware of the current market place, both nationally and locally. His experience is an asset to any intending buyer or seller in all sectors of the commercial market.