Listing #:1628342486

Be Quick Only One Left - 12 Year Lease

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Location: 5/150 Lichfield Street, City Centre, Christchur­ch City, Canterbury
Property use: Developmen­t site
Floor area: 218m2
Price: Price by negotiatio­n
Now Sold.
Savills have the pleasure of introducing to the market Unit 5, 150 Lichfield Street located within the newly completed Lichfield Lanes development.

Lichfield Lanes is located in the heart of the innovation precinct opposite the Residential Eastern frame and adjacent to Dux Central and the Innovation Precinct car park.
Also located adjacent to the development is the proposed stadium development, the Vodafone and Kathmandu offices as well as being within a stone’s throw of the Little High eatery.

Unit 5 is leased to Alvarado’s Mexican Cantina on a new 12 year lease. Unit 5 is a new building located within the superbly decorated internal courtyard. The courtyard is shared with the other ground floor tenants including Kiwi Viking Burger, Sushi Pop, Turkish Kebab The Neapolis Bar, Black & White Coffee Cartel, Jaba Steak House & Indian Street Food.

Lichfield Lanes is set to become a hospitality and entertainment hot spot with a range of options and a lively environment which will only continue to grow with the delivery of the proposed stadium and the Eastern residential frame located across the road.

Savvy investors will recognise excellent value in a brand new building with a long term 12 year lease.
Unit 5 will provide a net income of circa $121,550 + GST with fixed annual rent increases and a market rent review.

Call the sole agents for an information pack and to organise a viewing.
Sold by Deadline Private Treaty by Friday 25th May 2018 (unless sold prior).

-Long term 12 year lease
-Net income circa $121,550 + GST
-Fixed annual rent increases with a market rent review.

Agency reference #: SVLC10312
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Price by negotiation
5/150 Lichfield Street, City Centre, Christchurch City, Canterbury
Price by negotiation
Listed: Thu 10 May, 11:59 am
Ben Cameron
Savills Christchurch, Licensed Agent (REAA 2008)
  • Contact details
  •  (03) 9741188
  •  (021) 1073540

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Agent's details

Ben Cameron
  •  (03) 9741188
  •  (021) 1073540
Jesse Paenga
  •  (03) 9741188
  •  (027) 7644748
Savills Christchurch, Licensed Agent (REAA 2008)
(03) 9741188
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Expires: Sun 25 Nov, 9:57 am
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