Bayleys Capital Markets is proud to bring to market a truly exceptional and large-scale offering in the heart of Christchurch's CBD. Rarely does a landholding of this scale and versatility within the Four Avenues become available.

Strategically located at 550 Colombo Street, this 13,344sqm (more or less) site offers a commanding presence with 6,900sqm (approx.) of existing improvements and 156 on-site car parks across multiple titles. With Christchurch City Council identifying this site as a key opportunity for urban transformation, the property holds significant appeal for owner-occupiers, developers, and long-term investors alike.

Previously home to Smith City's flagship store since 1918, this site boasts a rich history and is now offered with vacant possession, providing a blank canvas to reimagine a landmark asset in one of New Zealand's fastest-growing cities.

Property Highlights:

•Prime 13,344sqm landholding with central city positioning

•Approximately 6,900sqm of existing improvements (retail, office, warehouse)

•156 on-site car parks with multiple access points

•Zoning: Christchurch Central Mixed Use (CCMU)

•Vacant possession - suit developers, owner-occupiers, or investors

•Rare scale and location within the Four Avenues

•Christchurch City Council identifies this site as a strategic redevelopment opportunity

•Land supply in the CBD is tightening - don't miss this generational opportunity

Large-scale central city assets like this are increasingly rare - this is your chance to secure a significant stake in Christchurch's urban future.

Contact the sole agents today for further information.