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Colliers presents Unit 5, 53 Tanner Street, Woolston, Christchurch, to the market for sale.
Nestled in the heart of Christchurch’s premier boutique shopping and entertainment destination, this low maintenance property offers a rare chance secure a live / work unit within the historic Tannery precinct. The Tannery is renowned for its stunning 19th-century architecture, eclectic mix of over 50 boutique shops, restaurants, bars, and a deluxe cinema, making it a hub of creativity, hospitality, and retail.
This property combines the charm of its historic surroundings with modern functionality, providing a versatile space ideal for both residential and commercial use. With easy access to Christchurch’s main routes, this location is both convenient and captivating. The ground floor warehouse is occupied by our vendor, which will be vacated for the new owner providing you with the opportunity to utilise the ground floor workshop yourself or rent it out for a dual income stream.
Seize the chance to be part of this dynamic and highly sought-after area, where old-time charm meets modern attractions.
Contact us today to explore this distinctive property and make The Tannery your next vehicle towards passive income.
For Sale - Asking price of $475,000 + GST (if any)
*Boundary lines are indicative only.
Features:
* Live/work unit
* Entry level investment
* Popular location
* Zoned Industrial General
* Proven investment property
* Split income stream possible with dual tenancies (occupy or lease the ground floor garage space)
* Passing rental (first floor apartment only) $21,320 gross