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Akaroa

73 Rue Lavaud, Akaroa, Banks Peninsula

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3ย Bedrooms
2ย Lounges
1ย Bathrooms
569sqmย Land area SQM
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Former BNZ Akaroa - iconic building


Easily one of Akaroa's most beloved and recognisable buildings, 73 Rue Lavaud offers commercial upside with the considerable appeal of quality separate upstairs accommodation. Selected by the BNZ to site their banking premises since as early as 1864, the current building was constructed by the renowned England Brothers in 1905. The commercial vision shown by the bank from early times cements the strategic position and value of its location on the corner of Rue Lavaud and Rue Balguerie.
Occupying a rectangular footprint that has two street frontages plus off-street parking for vehicles. A sheltered garden is also part of the 569sqm freehold land parcel that is commercially zoned.
Endowed with a Heritage listing status (Category II) and featuring ornate timber architectural features consistent with colonial building practices of the time. A post-earthquake Detailed Engineering Evaluation places the building at 86% of the New Building Standard (NBS).
The ground floor previously occupied by the BNZ offers spacious open plan and interconnected areas that could be partitioned off if required. The "manager's office" is a separate corner office with dual entrances. A kitchen and two separate toilets provide essential amenities. A brick "strong room" with a vaulted ceiling and impenetrable metal door is a essential feature and reminder of its past life. Suitable as one large commercial space or with potential to be divided into numerous income streams. Multiple entrances enable access options.
The grand upstairs apartment provides outstanding living options for workers, permanent residents, holiday home buyers or as an additional rental income. Three large bedrooms provide excellent sleeping arrangements. A large sun-drenched living room basks in all day sun and has stunning views over Akaroa Harbour. A separate dining area interconnected with the galley style kitchen provides a gracious space to entertain guests in style.

Asking Price NZ$1,500,000
Chris Mangels

Chris Mangels


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Character


Stunning heritage listed timber building (Category II) constructed in 1905.

Home and income


Excellent downstairs commercial space and a fabulous upstairs apartment.

Location


Easily one of Akaroa's most beloved and recognized buildings with two street frontages.

Renovated


External of the building has recently been repainted.