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Situated in the heart of Lyttelton's vibrant town centre, this property offers a rare investment opportunity that seamlessly blends classic charm with functionality. With a strong tenant mix and excellent foot traffic, it occupies a prime position.
The property enjoys an unrivalled location on Lyttelton's main street, surrounded by character-filled buildings and upcoming developments that underscore the area's growth and appeal. It serves as a focal point for activity, particularly during the popular Saturday Farmers' Markets, which draw both locals and visitors in high numbers.
Configured for multiple tenancies, the property provides significant versatility. The ground floor features a beautiful retail space leased to the much loved and very popular Henry Trading. The upper level comprises a residential unit with its own independent east-side access, offering a renovated layout that includes a large double bedroom, open-plan kitchen and dining area, separate lounge, bathroom with a laundry, and separate toilet. The lower-level basement tenancy, leased to London Street Vintage (a gorgeous vintage clothing store), is a flexible operational space with kitchenette
amenities, toilet, and shower, complemented by an adjacent outdoor level area that could be developed further, subject to relevant consents.
Covering approximately 255m², the property falls within the Commercial Banks Peninsula Zone. It is fully tenanted, with the upstairs accommodation leased as a residential unit. Comprehensive documentation, including the LIM report, title,and all lease agreements, is available upon request. Viewing is strictly by appointment, and the property is offered for sale via deadline at 4:00pm on Tuesday 21st January 2025, unless sold prior.
This is an exceptional opportunity to secure a commanding position on Lyttelton's thriving main street. Act now to be part of the area's dynamic redevelopment and exciting future growth. Contact Emma Shine for further information, today.