Colliers is proud to present this high-quality, modern leased investment for genuine sale.
The property is currently leased to James Marshall Motor Sport, a well-established company with a brand new four year lease term, plus further renewal options. Investors will benefit from fixed rental growth, ensuring steady returns.
Completed in late 2023, the property boasts a well-designed layout, featuring multiple levels of north-west-facing office and showroom space, a clear-span warehouse with multiple roller doors, and a versatile multi-access yard.
Designed for functionality, this property meets the needs of a range of industrial users.
Located in the highly sought-after Hornby area, the site is positioned near Christchurch’s busiest industrial hub and offers excellent connectivity to major road networks.
For investors seeking a hands-off, modern industrial asset, this is an opportunity not to be missed.
Contact the sole agents today to arrange an inspection or request further details.
For sale by Auction: 10am, Thursday 3 April 2025 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.
*Boundary lines are indicative only.
Features:
- 1337 sq m freehold corner title
- 707 sq m building area
- Modern industrial completed late 2023
- 4 year lease term with rights of renewals
- Fixed rental growth
- Popular Hornby investment
More information: https://www.colliers.co.nz/p-NZL67033215