Four Suburban Shops and Tavern - Auction

57 and 61, Vancouver Crescent, Wainoni, Christchurch City

Auction

Proposed Usage
Retail
Description:
Property ID
1bsl7xz

- Buy one or both
- Being offered with vacant possession but with holding income option
- B1 zoning allows a wide range of uses
- Tavern has liquor license on hold
- 1374sqm land area over two Freehold Titles
- 436sqm (approx.) total building floor area
- Good rear parking and service area

Historically this was the "Classic kiwi suburban shops and local tavern". Post earthquakes the shops were converted to office use by a building company who are now relocating and the tavern sits vacant with substantial plant, fittings and furniture in place. This is a great opportunity to reinstate the past, the tavern's license is on hold, the buildings have been refurbished.
To be auctioned one after the other on auction day. The vendor of the tavern property is not GST registered therefore GST registered purchasers may be able to claim the GST from the purchase price. We recommend you seek your own professional advice in this regard. The "four shops" property will be plus GST (if any) as the vendor is GST registered.
The right plan will provide the new owner with an excellent investment with long term upside. Please contact the agent for inspection.

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Wainoni Area