Christchurch medical centre prepped for new owner
JLL is bringing a character medical property to the market for the first time in 34 years. 154-158 Bealey Avenue, Christchurch Central, is a thriving multidisciplinary medical centre that’s home to 35 practising professionals across a variety of fields, from general practitioners and physiotherapists to podiatrists and acupuncturists.
The recently refurbished practice is set on approximately 1600 square metres, with a sprawling building area covering a generous 770sqm.
Featuring an efficient layout that makes intelligent use of the space and offers the necessary privacy to clientele accessing medical services, 154-158 Bealey Avenue is a turnkey investment opportunity for the astute buyer seeking sound cashflow, and a Christchurch-character classic with enormous street appeal.
154-158 Bealey Avenue, Christchurch Central is exclusively listed for sale by JLL via Deadline Private Treaty, closing 7th May 2024, unless sold prior.
JLL Christchurch Senior Director, Merv Davies, highlights the amenities and location, as well as the quality of the tenant covenant, as significant drawcards to the medical centre building.
“The high-profile site sees over 34,000 cars passing by every day, in one of Christchurch’s most trafficked locations,” says Davies. “This central location offers convenience to the broad range of practitioners and patients who visit the centre, as well as to visiting clients. The 21 car parks are crucial for the service-focused Sports Clinic business, which has operated from the building for 34 years.”
Proximity to the city centre, with easy access by car, foot, or the nearby Colombo Street cycleway, adds to the versatility of the property in this high-profile location.
“Situated to the immediate north of the CBD, visitors and occupiers benefit from great public transport links and accessibility via main roads, making 154-158 Bealey Avenue the ideal location for visiting clients,” continues Davies.
“The building has recently undergone an extensive refurbishment that prioritised pedestrian flow for occupiers – an important factor for medical practices that require discrete meeting spaces.”
With an NBS rating of 68%, a large land-holding in a strategic Christchurch location, and a range of established tenancies within the medical sector, 154158 Bealey Avenue, Christchurch Central, is a unique opportunity for buyers seeking a future-fit, turnkey investment.
Get in touch with the sole agent at JLL to discover more.