Final folio is our finest
A feature portfolio property is the new Hoyts EntX entertainment centre at 617 Colombo St, in Christchurch. Photo / Supplied
A new Christchurch cinema complex; a prime Wellington office investment property anchored by Trade Me; and ‘an unusual’ Auckland City redevelopment, are highlight properties in the final Colliers Portfolio publication released yesterday.
“This is our biggest portfolio of this year and arguably our best,” says Peter Herdson, national sales director at Colliers International. “It features 35 commercial property listings from around the country with a strong mix of asset classes including retail, industrial, office and development opportunities.”
Among the featured properties is the newly completed Hoyts EntX entertainment centre at 617 Colombo Street, in Christchurch’s CBD.
The state-of-the-art complex, anchored by Hoyts Cinemas on a new 20-year lease, has seven movie theatres and 19 retail tenancies over two levels.
For sale in Wellington are all four commercial levels in the landmark One Market Lane development near the waterfront, completed in 2015.
Anchored by Trade Me on levels 3-5, with Mojo Coffee among three ground floor tenants, the 3538sq m strata property generates $1,745,000 plus GST in net annual rent.
The ‘different proposition’ in the Auckland CBD, comprises two redundant plant room floors for sale at the top of the extension to the landmark South British Building at 3-13 Shortland St.
With views over Queen St from the Level 11 deck, the property is being marketed as an “unusual opportunity” to redevelop the space into a boutique office or a stunning new penthouse apartment.
Herdson says the remaining listings cover a wide geographical spread, from Cambridge and New Plymouth in the North Island, to Queenstown and Dunedin in the South Island.