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News Release

Christchurch

Durham Street North premise for lease

The ground and second floors of the newly constructed commercial office building at 307 Durham Street is for lease by JLL following its recent completion to 100% of the new building code.


 

 

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Directly opposite the existing Law Courts, the three-level new build is located on Durham Street, a one-way street heading south that draws large volumes of traffic and proceeds on to Cambridge Terrace. 

Robert Williams, commercial sales and leasing broker at JLL who is launching a marketing campaign to lease the building says, “Flexibility is a key issue for occupiers and these smaller floor plates can suit a number of different businesses. Each floor has two dedicated car parks on-site and this location is very desirable and handy to the CBD.”

The ground floor provides 206sqm of space and the second floor provides 230sqm, all floors are fully self-contained with bathroom and cafeteria facilities, excellent natural light from both the east and west, and are serviced by a lift. 

Williams says the smaller nature of the floor plates is rather unique as most of Christchurch’s new builds have been constructed with approximately 400sqm plus floor plates. “Here a potential tenant can have a standalone floor plate which is of smaller nature as opposed to taking space in a larger floor plate that has to be split into multiple tenancy sizes.”

Williams says the building is suitable for a small business with approximately 10 to 12 employees suggesting it would be appropriate for a small advertising company, barristers, solicitors or a small accounting firm. The first floor of the new build is owned by the New Zealand Law Society who also lease the floor for their Christchurch based office quarters.  

Research Analyst at JLL, Tom Barclay says, “The building is located in the heart of post-quake office development on the popular west bank of the Avon River. With a number of new A grade office buildings in the immediate area, 307 Durham Street will cater to those occupiers who want a flexible space in the core of the new CBD without the premium price tag.”

The original building, which was damaged beyond repair, was demolished and effectively rebuilt in the same style prior to the earthquakes with the exception of a lift being added. New Zealand Law Society have occupied this site for many years preceding the earthquakes and other previous tenants of the site include Wilkie and Bruce Architects as well as real estate agencies and property management companies.  

In close proximity at 151 Cambridge Terrace is the newly completed six storey 6,000sqm ‘Wave’ building which is anchored by Deloitte who have leased the top two floors​