CBRE Christchurch
Real Estate Services
- Listing #:
- CCH100554
- Listed:
- 111 days ago
Price by negotiation
Iconic Office Building with Value-Add Potential
19 Sheffield Crescent, Burnside, CanterburyOffices
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- 2,880m2 Floor Area
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- 5,810m2 Land Area
About this property
CBRE is pleased to market the iconic office building at 19 Sheffield Crescent, Burnside for sale.This expansive and prestigious office building is currently partially leased, offering a reliable income stream. The availability of unoccupied spaces presents flexibility for prospective buyers to establish their business presence or enhance the property’s value through added improvements or leasing to tenants.
Strategically positioned on a prominent corner site, the building boasts exceptional visibility at the gateway to Sir William Pickering Drive. Its prime location ensures seamless connectivity to pivotal transport arteries, including the proximity to Christchurch International Airport.
The property features two identically designed three-level office buildings connected to a semi-circular two-level conference centre, complete with a cafe. The design, courtesy of Ian Krause Architects Ltd, dates back to the late 1980s. In 2016, the owners invested in an extensive refurbishment, updating the complex throughout.
Investment Highlights:
- Building area: 2,880sqm (approx.)
- Land area: 5,810sqm (approx.)
- Occupancy: Partially tenanted with a substantial area available for immediate use
- Parking: Extensive car parking
- NBS: 70%
For further details or to arrange an exclusive viewing, please contact the sole agents, Paul Brown & Scott Bentley.
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