![]() Asset Class: | Office |
![]() Price: | $ 1142575 |
![]() Net Yield: | 8.00 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | Pre Market |
Discover a rare gem in the commercial real estate market with this standout freehold office property located at 15 Leslie Hills Drive, Riccarton, Christchurch. Spanning an impressive 354 square meters across two thoughtfully designed floors, this standalone building offers a versatile layout that can accommodate a single thriving business or be split to suit two separate tenants in the future. <br><br>The property boasts an impressive allocation of thirteen on-site car parks, all included within the freehold title, with nine currently available for rental income, providing both convenience for occupants and a valuable revenue stream. <br><br>Anchored by a reliable long-term tenant, Metropol, the space features a well-maintained office fitout. Perfectly positioned just a short distance from the bustling Christchurch CBD, this superb location combines affordability with accessibility, making it an ideal choice for businesses seeking a prominent yet cost-effective base. <br><br>The road-front of the property allows for prominent tenant signage, ensuring excellent visibility and easy recognition for clients, a feature that is exceptionally scarce in this sought-after commercial precinct. This is a unique opportunity to secure a high-quality, flexible investment in one of Riccarton’s most desirable business addresses.
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<br>Leslie Hills Drive in Riccarton, Christchurch, stands out as a prime destination for businesses seeking an ideal office location that balances accessibility, affordability, and a professional environment. Nestled in one of Christchurch’s most vibrant commercial precincts, this street offers a strategic base for companies looking to establish or expand their presence in the region. Its proximity to the Christchurch CBD, just a block away, ensures businesses remain connected to the city’s economic core while benefiting from a more cost-effective and less congested setting compared to downtown offices. The area’s well-established infrastructure, coupled with its reputation for hosting a variety of professional services, makes Leslie Hills Drive a compelling choice for office-based enterprises.<br><br>Beyond its immediate offerings, Leslie Hills Drive benefits from its strategic location in Riccarton, a suburb known for its commercial vibrancy and connectivity. The area provides easy access to main arterial routes, facilitating quick travel to the CBD, greater Riccarton, and beyond, which is ideal for businesses with clients or operations across the city. <br><br>The surrounding neighbourhood supports a professional lifestyle with nearby amenities, including cafes, retail centres like Riccarton Mall, and essential services, all within a short distance. This blend of accessibility, modern office facilities, and a supportive business ecosystem makes Leslie Hills Drive an exceptional choice for companies seeking a well-rounded and growth-oriented office location in Christchurch.<br>
Additional Location Information FileMetropol is the premier lifestyle magazine celebrating Christchurch and its surrounding districts.<br><br>Distributed fortnightly Metropol reaches active, style conscious, brand loyal customers. Through a unique blend of journalistic excellence and inspirational aesthetics, Metropol profiles city personalities, arts, fashion, home and décor, dining, travel, auto, recreation and leisure information.<br><br>It has developed an excellent reputation and strong following of readers for its National Multi Award Winning presentation and local content focused on people, new places to visit, and the lifestyle that defines our city.<br><br>Metropol is appealing to both men and women with discerning tastes and engages readers through its stimulating visuals and editorial. Not surprisingly Metropol has become, after more than 25 years of publishing, this city’s fashion, home, motoring, weddings and foodies bible, which trademarks us. If a new restaurant opens or has a new menu, it’s in Metropol. Fashion, health and beauty followers love to keep up with the latest from our advertisers and editorials.<br><br>Metropol continues to become increasingly recognised for its role as the authoritative voice in the following areas: providing the best information on where to shop; who is celebrating with who and why; and showcasing those who are shaping our city.
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Offer To Purchase:
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Due Diligence:
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Finance:
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Settlement:
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">354 sqm of Standalone Freehold Office Space split over two floors</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Thirteen on-site car parks on freehold title (Only nine currently rentalised)</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Long term Tenant with a tidy office fitout</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Superb location in Leslie Hills Drive</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">High yielding for this purchase bracket – Offering a 8.0% return on Rethink price</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Location works well being only a block from the CBD offering affordable office accommodation in a great location</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Seismic Rating of >67% NBS </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Layout offers flexibility being over two floors potentially allowing for two tenants in the future if required as well as having sufficient parking</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">The standalone property allows for good tenant signage making it easy to locate for customers</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Very hard to find a standalone freehold property in this sort of location</span></p></li></ul>