Chance for buyer to steak their claim

Last updated 13:06 16/02/2014

Relevant offers

Commercial Property

Staff injuries following fancy refurbishment of Hutt City Council offices Wellington student accommodation blocks for sale Wellington properties underpin Vinta's launch of $121m wholesale fund Sofitel Wellington opens to meet increasing visitor demand New World supermarket buys Hawke's Bay land, blocks proposed development, report says 'Remarkable' boost in confidence from Wellington investors CuriousCity: What happens when a building is strengthened McDonald's building their own $4m replacement restaurant at Silverstream Colliers International team stellar 12-month, billion-dollar stint Timberland brings forward launch to coincide with opening of David Jones

The building that's home to the Crazy Horse Steakhouse in Wellington is for sale and whoever buys it will get the chance to install new tenants on the ground floor.

The Bresolin brothers' successful restaurant will leave in June, opening up the opportunity to attract a new tenant or tenants.

Crazy Horse has been at 129-131 Willis St since 2006.

The Bresolin brothers, Lorenzo and Leonardo, recently announced a new restaurant project at the former Bar Bodega, up the road from Crazy Horse.

Agent Paul Hastings said the ground floor had been a restaurant for the past 30 years.

"It used to be the Casablanca restuarant 30 years ago . . . then it became Armadillo and then became the Crazy Horse," he said.

"It's been a restaurant all its life, or as long as I remember it."

The site was an opportunity for a new restaurant or food outlet.

Its size - 180 square metres on the ground floor - meant it could be split in two, such as a cafe and a shop, he said.

Offices on the first floor were occupied by a health clinic and another business. The rent from these would pay for building costs until a new tenant for the ground floor was found.

There is also a basement and garage. The owner had offered a 70 per cent vendor's mortgage with interest-only payments, Hastings said.

Ad Feedback

- The Dominion Post

Comments

Special offers
Opinion poll

Do you rent or own your home?

Rent alone

Rent with others

Own with mortgage

Own freehold

Vote Result

Related story: $1m-plus in unclaimed bonds

Featured Promotions

Sponsored Content