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Savills, (Licensed: REAA 2008)

1/73 Manchester Street, City Centre

Price by negotiation

Listing Description

Listed: Mon, 15 Jun

ONE A-Grade Investment - OneStaff HQ

1/73 Manchester Street, City Centre, Christchurch City, Canterbury

Details

  •   938m² Floor
AttributeValue
Property use
Office
Agency reference
GW22040438

Description

Positioned within Christchurch's rapidly evolving South Frame precinct, 1/73 Manchester Street presents an outstanding opportunity to secure a modern A-grade commercial investment underpinned by strong income and premium post-earthquake construction. Completed in 2017 as the purpose-built headquarters for OneStaff, the property combines landmark architecture, secure cashflow with a prominent CBD corner.

Designed by Walker Architecture, the building is highlighted by a dramatic full-height glazed atrium, extensive natural light and quality durable finishes throughout. Occupying a prominent corner site, it is strategically located within walking distance of One NZ Stadium, Te Pae Convention Centre, Riverside Market and Christchurch's key retail and hospitality destinations.

Returning a net contract income of $369,736.72 per annum (approx.) with a WALT of approximately five years, the investment is anchored by OneStaff, one of New Zealand's leading workforce and recruitment businesses. As modern office supply remains constrained across Christchurch, assets of this calibre continue to attract strong investor and occupier demand.

Property Highlights:

  • Net Contract Income: Approximately $369,736.72 per annum
  • WALT: Approximately 5.0 years
  • Net Lettable Area: 937.64sqm (approx.)
  • Eight secure on-site car parks
  • Constructed in 2017
  • 100% NBS seismic rating
  • Designed by Walker Architecture
  • Landmark full-height glazed atrium
  • National tenant covenant anchored by OneStaff
  • Prime South Frame location adjacent to One NZ Stadium

For Sale by Price By Negotiation

Contact Savills Sole Agents for further information and access to the due diligence room.


Property Files

Martin Hebler

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Savills, (Licensed: REAA 2008)

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