Nestled at 13 Stanley Street, Sydenham, Christchurch, this Freehold commercial property is a Retail use gem. Constructed in 2016 with concrete walls and an Iron roof, both in good condition, the property spans a floor area of 694 square meters on a land area of 1034 square meters, complete with 10 carparks. The Belgium Beer Cafe, a successful brand in Christchurch's hospitality scene, offers a unique business opportunity with potential for expansion within a 20km radius into other prime CBD sites.
As per the valuation records, the Capital Value (CV) has seen a growth of 16.67% from $2,640,000 in August 2019 to $3,080,000 in August 2022. The HouGarden AVM estimates the property's value at $3,002,500. The latest sale was recorded on July 25, 2024, at $2,330,000, following a previous sale on February 17, 2012, at $417,000.
For families, the property falls within the catchment area of several schools, including Middleton Grange School (Decile 9), Hillmorton High School (Decile 4), Christchurch South Karamata Intermediate (Decile 8), Addington School (Decile 3), Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Marian College (Decile 8), ensuring access to quality education.
Updated on August 28, 2024