Available PropertyFiles:

/Auction Particulars and Conditions /
- Auction Particulars and Conditions_526 Wairakei Road.pdf
/Compliance /
- Code Of Complience Certificate.pdf
- Council Code of Compliance communication.pdf
- Electrical Certificate of Compliance.pdf
/Engineering and Consents/
- BWOF and other reports.pdf
- Building consent ammendment.pdf
- Engenium Seismic Strengthening Report.pdf
- Engineering - NBS.pdf
/Information Memorandum /
- Information Memorandum_526 Wairakei Road_Email .pdf
/Insurance/
- Insurance Invoice.pdf
- Insurance Valuation.pdf
/LIM Report /
- JMC-848691-6-9-1 LIM 526 Wairakei Road.pdf
/Lease Documentation /
- Deed of Assignment - Lease (Maxwells).pdf
- Deed of Lease - (Maxwells).pdf
/Title/
- 526 Wairakei Road - CB26K_265_Title_Search.pdf

Property Description

This investment provides an owner operator or the astute investor to secure a highly desirable asset with a good spread of risk across 3 units including large 213 sqm retail.

The building consists of two vacant units (including 213 sqm retail) and one unit leased to Maxwell’s Dry cleaning.

The subject property is positioned in the highly desirable suburb of Burnside with a strong residential catchment. The immediate areas holds an abundance of amenities and services for the wider area. Wairakei Road is a main arterial route connecting the central city to the Christchurch International Airport.

The owners have invested heavily in the building consisting of an extensive renovation throughout including paint, new electrics and new heat pumps throughout.

Act now - the vendors are moving abroad and require a sale.

This property is being offered For Sale by Auction: 10am, Thursday 2 March 2023 (unless sold prior).

*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.
5. By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from anytime.

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 Lane Tutty