Designer Warehouse Conversion with Multiple Income Streams!
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https://www.naiharcourts.co.nz/Property/944037/PI66927/9-Bernard-Street#documents
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This exciting development comprises a potential designer warehouse conversion in a busy commercial location. An original 1950s mixed-use building has basically been rebuilt with a 100% NBS structure and is being renovated with two top architectural firms and interior designers working on concept, consent and fit out.
Watch this building gain a new lease of life as chic office space for up to 10 tenants, plus a shared meeting facility and lounge area, three large boardrooms, café with street frontage and a two-bedroom apartment. Or add more levels for further development options.
The artist concept drawings combine modern, architectural elements with original features for European-style contemporary appeal: think sleek kitchens and bathrooms, timber panelling, glazed partitioning, borrowed lighting and the original sawtooth ceiling lines enhanced with skylights.
Currently being quoted is 300 sqm of solar panelling on the north-facing roof, giving you both 'green' credentials and another significant income stream. Six offices on the ground floor and four offices on the mezzanine level (estimated rentable floor area of 1,360 sqm) could be let to a range of individual tenants or all to one tenant, presenting great versatility when it comes to leasing the units.
This development will dovetail neatly with this location, just off busy Lincoln Road and near Moorhouse Avenue and Hagley Park. As a major arterial road linking the central city to southern and western suburbs, Lincoln Road and the surrounding Addington precinct have grown as a significant commercial hub following the Christchurch earthquakes. A number of new developments in the area, including a modern three-storey office development next-door and nearby Hazeldean Business Park, add to the appeal and vibrancy of the location. Surrounding developments are well leased, suggesting a bright outlook for this architectural warehouse conversion.
Take the project as it is and lease out later, or make the most of this opportunity as the sole occupier or developer - the choice is yours.
Time to make your move. Contact the agents without delay for further information.
Please be aware that this information may have been sourced from RPNZ/LLUR/REINZ/Property Guru/Land Information New Zealand/Christchurch City Council/CERA and we have not been able to verify the accuracy of the same.
