Available PropertyFiles:

  • IM - National Childcare Portfolio Q4 2022.pdf
  • /DRAFT - Deed of Lease/
    • Deed of Lease - Sixth Edition 2012 (5) Salisbury.pdf
  • /LIM/
    • LIM728542 - Report.pdf
  • /Lease Documentation /
    • 150 Salisbury Street - Deed of Lease.pdf
  • /Title /
    • 150 Salisbury Street - Title Record.pdf

Property Description

The property comprises a purpose-built childcare centre constructed in circa 1998, licensed for 60 children. The premises is fantastically located in central Christchurch boasting 12 onsite carparks and easy access from Salisbury Road. The rectangular shaped 1,660sqm freehold land is Residential Central City zoned underpinning significant value to this passive investment.

Construction: reinforced concrete foundations with predominantly timber framing with reinforced concrete columns. Exterior walls are clad in a solid plaster product. Window and door joinery is powder coated aluminium framed and single glazing. The roof is a hip design clad in Monier concrete tiles. Internally, floors are concrete. Walls are Gibralterboard with a painted finish, many walls also fitted with Autex acoustic fabric to dado height. Ceilings are mostly Pinex softboard with a painted finish.

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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 Will Franks

South Island Commercial Limited trading as Colliers REA 2008

Level 1, 181 High Street, Christchurch Central

03 365 7887   027 250 0130   will.franks@colliers.com   All Listings

Will has built a strong following in the investment sector, with an established track record in selling retail premises, offices, development land projects and childcare centres. He is highly regarded for the constructive solutions he brings to the table for vendors and his patient approach to the process.

An excellent team player, Will readily involves fellow brokers to combine expertise for the best possible outcome. His previous background in valuation and leasing provides Will with an excellent depth of market knowledge.

This combined experience adds significant value to all clients throughout the investment sales process. Will builds long term relationships and is committed to the Christchurch market and its ongoing growth. He has achieved significant recent success in the auction room, helping clients to achieve record yields.

Contact Courtney Doig

South Island Commercial Limited trading as Colliers REA 2008

Level 1, 181 High Street, Christchurch Central

021 991 251   courtney.doig@colliers.com   All Listings

Courtney has won multiple national awards and is recognised as one of the star performers at Colliers. She is widely respected for her initiative, tenacity, and professionalism.

During the past year, she negotiated more than $94 million of investment sales including a diverse variety of commercial buildings and ‘as is where is’ body corporates.

Rising to the top of the industry in a short time, Courtney was named Colliers International Rookie of the Year in 2014, after achieving the highest revenue of all new brokers. Since then she’s added Colliers International Managing Director’s Award in 2011 & again in 2013, followed by the REINZ Commercial & Industrial Rising Star of the Year in 2014 and General Manager’s Award in 2017. In 2018 she was recognised as the winner of the RICS Women of the Built Environment which promotes positive contribution to the property industry.

Courtney is the dominant broker in body corporate ‘as is where is’ sales, implicitly understanding the complexities of this sector.