Brackenfields shopping centre in Canterbury for sale

Brackenfields shopping centre
An artist’s impression of the Brackenfields shopping centre prior to construction.

The Brackenfields shopping centre in Amberley is now for sale with offers due by November 5. 

The shopping precinct includes a 3564sqm Countdown supermarket. 

“CBRE has been instructed to sell the land and buildings as a tenanted investment,” said Tim Rookes, MD at CBRE Christchurch. “We are not aware of any tenant movement within the centre.”

Rookes said there is an increasing demand for supermarket-anchored investments during Covid-19 as most tenants are providing essential services. 

“We are seeing a real spike in owner-occupier enquiry, fuelled by low interest rates and the likelihood of negative interest. We have also seen the introduction of the service’ tag, which is seen as valuable as a government tenant,” he added. 

“As such, expect Brackenfields to attract good national interest as supermarket-anchored investments are seldom available for purchase.”

Opened in 2014, the centre features a 5790sqm lettable area and fronts onto Carters Rd (State Highway 1), with access also off Amberley Beach Rd.

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