Offlined
CBRE, as exclusive agent, is pleased to present an opportunity to acquire up to a 100% interest in Eastgate Shopping Centre, Christchurch.
This offering comprises exceptionally strong tenant covenant from tenants The Warehouse and Warehouse Stationery. These tenants form part of The Warehouse Group (NZX listed) being New Zealand’s largest retailer.
Eastgate Shopping Centre is available for purchase in six individual titles or in one line.
The six offerings are comprised as follows:
1) Entire Centre (all components in one line)
2) Countdown + Shopping Mall
3) The Warehouse + Warehouse Stationery
4) KFC
5) Taco Bell
6) Residual/Development Land
Key Investment Highlights:
- Significant net passing income
- GLA: 9,886sqm*
- Land area: 43,070sqm*
- Strong cashflow security: The Warehouse and Warehouse Stationery providing outstanding cashflow security from NZX listed Warehouse Group – New Zealand’s largest retailer.
- City fringe location: 3km from Christchurch’s Core Central City
- Recent subdivision
*Approx.
Contact CBRE today for more information.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.21 km | 3 | 1 | 90m2 | Year 2024 Month 03 Day 26 | $410,000 | Council approved | |
0.22 km | 2 | 1 | 84m2 | Year 2024 Month 02 Day 23 | $485,000 | Council approved | ||
0.04 km | 3 | 1 | 95m2 | Year 2024 Month 01 Day 31 | $550,000 | Council approved | ||
0.01 km | 2 | 1 | 98m2 | Year 2024 Month 01 Day 21 | $495,652 | Council approved | ||
0.06 km | 3 | 128m2 | Year 2023 Month 12 Day 13 | $537,000 | Council approved |