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Duvauchelle, 5207 Christchurch Akaroa Road

Iconic Hilltop Site | Spectacular Views

$1,100,000 Plus GST (if any)

Listing Number: CIC47334
About this listing
One of Canterbury's most photographed locations looking out upon Banks Peninsula and the five bays. Situated on the original mid-1800's site, the Historic 'Hilltop Tavern' remains an unbeatable location to visit on the Christchurch - Akaroa Highway. Also one of the starting locations for the popular Ta Ara Pataka/Summit walkway.

The underlying freehold is available for sale by way of deadline treaty. Rebuilt in the 1930's the existing building includes the ground floor bar/restaurant/kitchen and outdoor space. Upstairs a three-bedroom apartment provides accommodation to the tavern operator. The property has been strengthened and repaired to above 67% NBS with full Detailed Engineering Evaluations available.

The property is located on a flat building platform at the top of a 9.7516 hectare hill section and provides potential for future re-development.

Features:
- Existing Tenant provides holding income.
- 9.7516 hectare land parcel.
- Rural Banks Peninsula Zoning.
- One-of-a-kind location and building.
- Unparalleled views & significant profile.
- Generous Onsite Car & Bus Parking.
- HUGE POTENTIAL.



Property Information
  • Approx Floor Area: 380 sqm
  • Land Size: 9.7516 Ha
  • Tenure: Fee Simple
  • Property Type: Tourism / Motel / Hotel, Tenanted Investment
  • Tenancy: Additional Details: - Saturday 5th March 11am-12am - Sunday 11th March 10am - 12pm - Sunday 18th March 12pm-1pm - Saturday 24th March 10am-12pm. Or by arrangement with the agents.
  • Tenancy 1: Commencement Date: 2002-09-23T00:00:00.0000000, Expiry Date: 2019-09-29T00:00:00.0000000, Rental net/gross p.a.: 50,000+GST, Rights of Renewal: One term of Three Years, Tenant Name: McLeod & Blanchfield Limited (Hilltop Tavern), Term (years): 1 year 7 Months*

Contact Details

Christchurch City Commercial

Grenadier Real Estate Ltd

Licensed REAA 2008

98 Moorhouse Avenue
City
Christchurch
Office website

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