Owner, the Isaac Conservation and Wildlife Trust, had planned to repair the four-storey brick building, but instead put the property on the market.
The new owners are Auckland-based Patrick Fontein and Paul Naylor, who previously restored the old Twisted Hop building on Lichfield St (which reopened as Dux Central).
Isaac House survived the EQs pretty well because of some previous strengthening, but it still needs a lot of work.
Paddy and Paul still have to decide between turning it into high-end apartments, a boutique hotel, or offices upstairs with hospitality outlets below, but promise it'll be returned to its "former glory". Work should start work in Feb.2016.
Isaac House has a Heritage NZ Cat.II listing (No.7383), and is one of Christchurch's best examples of the Georgian Revival style.
(In the background of the pic is the now-demolished Victoria Apartments tower.)