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PHOTO: STACY SQUIRES/STUFF The three derelict buildings on Hereford St have been empty since the 2011 earthquakes. 165 Hereford St, right, could be renovated and reopened by the end of the year.
A derelict and tagged concrete office block in central Christchurch will be restored after it was purchased for $1.1 million by tax refund entrepreneurs Cilla and Aaron Hegarty.
The couple, who founded tax refund company WooHoo, plan to restore the building at 165 Hereford St and reopen it as office and hospitality space before the end of the year.
It is one of three buildings next door to each other on Hereford St that have remained derelict since the 2011 Canterbury earthquakes.
READ MORE VIA STUFF