142-152 Somerfield Street_Property for Sale

142-152 Somerfield Street, Somerfield, Canterbury, 8024, NZ

142-152 Somerfield Street

Asset Description

JLL are pleased to exclusively offer 142-152 Somerfield Street to the market by way of Deadline Private Treaty closing 27th November 2024 (unless sold prior).

The property is an attractive fully tenanted investment and provides a mix of retail, hospitality, office and residential. Sitting on 2,405sqm of land and incorporating seven tenants, the asset provides an investor a diverse cashflow along with upside potential. The tenancies include Nurse Maude, Residential flat, Commi Restaurant, Moon Under Water, Runacres, Tillmans and MHL.

Having a northern aspect and incredible dual street frontage, the offering is spread over 5 titles and wraps around the corner of Colombo Street and Somerfield Street. The asset includes a mix of standalone buildings of varying ages.

The suburb of Somerfield is extremely popular with families having several excellent school options and being close to main arterials and within a 10 minute drive to Christchurch City.

Please contact the sole agent Ben Cameron on 021 107 3540 for further information.

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