Natcoll House
195 Hereford Street, Christchurch (refer to map below)
Natcoll House (formerly Torrens House) is situated on Hereford Street in Christchurch's CBD.
Christchurch Earthquakes
The property, located within the CBD’s Red Zone area, is currently ‘yellow stickered’.
After seeking independent professional advice on the property, NPT’s directors are currently of the opinion that the building is not repairable. As announced to the market in November 2011, the matter is currently with NPT’s insurers for their consideration.
Current Market Value |
$11.90m as at 30 September 2011 |
Net Lettable Area |
9,392m2 |
Major Tenants |
|
Annualised Net Rental |
$0.68m |
Occupancy (By Area) |
43% |
Weighted Ave Lease Term |
2.92 years |