18th June 2025
Bayleys is marketing a consented freehold riverfront hotel development at 137 Cambridge Terrace in Christchurch.
Citadel Property Limited has been planning a premium 12-storey, 200-room hotel on the site, and has secured permission to demolish the existing earthquake-damaged Harley Chambers building.
“With continued recovery in domestic and international tourism numbers, improved airline capacity, and a number of high-profile amenities under development, the world-class modern and purpose-built CBD is ready for this hotel,” said Citadel.
The developers are looking to secure a lessee, purchaser, or hotel management agreement in order to progress the project.
Bayleys’ Ash Hira, Wayne Keene, and William Wallace are managing the marketing, with an expressions of interest campaign closing on 26 June, unless sold or contracted prior.
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