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338 Durham Street North, Christchurch Central, Christchurch City, Canterbury, 0 Bedrooms, 0 Bathrooms, Investment Opportunities
Offlined

$1,400,000

338 Durham Street North, Christchurch Central, Christchurch City, Canterbury

622m2
457m2

Beauty is only skin deep!

Retain as-is, renovate or completely repurpose. The property is located opposite the Casino in the Victoria Street precinct just to the north of the CBD. An area showcasing new developments including new apartments and hotels, offices, and eateries with a high likelihood of future residential developments in the area.

This recently reroofed and strengthened building is well-appointed with high ceilings, air conditioning throughout, and a quality access control and security system. Currently, owner-occupied, with offices and workshop areas over two levels, this building may also offer purchasers a split-risk multi-tenancy dimension. Maybe residential? The property has three car parks with more available to lease directly over the street.

This property offers a wealth of opportunities for both owner-occupiers and savvy investors looking to enhance value and realise potential.

Don't miss out—call today to discover more about this exceptional opportunity.

Council Data

Last update : 2025 01 22
Improvement value$1,140,000Increased by 34% from year 2019
Land value$530,000Increased by 29% from year 2019
CV(Year 2022 Month 08)$1,670,000Increased by 32% from year 2019
Land area457m²
Floor area622m²
Decade of construction1966
TitleCB6D/230
Type of titleFreehold
Legal descriptionLOT 1 DP 24791
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 24791,458m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Mixed
Roof: Mixed
ZoningCommercial Central City Mixed Use

Property history

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Durham Street North Neighborhood and Surrounding Data

Mortgage

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Last update:2025-01-09 10:55:53