1 Riccarton Road, Riccarton, Christchurch

An Investment to Own Long Term

- Offers considered above $4,200,000 plus GST (if any)
- Strata titled ground floor plus 94 carparks in the annexed carpark building
- Eight year lease to DB Breweries at $372,694pa net
- Substantial fit out

This landmark property adjacent to Christchurch's iconic Hagley Park is a worthy investment to own long term. The upmarket Parkview Hotel, situated on the upper floors, adds to the desirability of this prime investment. The Vendor has given us clear instructions to sell above $4.2 million which represents a return of close to 9%. Well worth consideration at this new sale price.