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The South Island’s only dedicated outlet centre

411 Main South Road, Hornby

Retail Property
dollar

Deadline Sale

Floor area
7125m2
Land area
12661m2
Title type
Freehold
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Map

Property details

Listing # 1699590 | Listed on 10 July
  • 7,125sqm* of prime outlet retail GLA with 97.1%* occupancy
  • Anchored by international brands including Calvin Klein, Adidas, Under Armour, and Puma
  • $56.3 million* (plus GST) in annual turnover (as at April 2025)
  • Substantial CAPEX programme well-advanced

Dress Smart Hornby represents the only dedicated outlet shopping destination in the South Island - a scale retail investment underpinned by national and international brands. Positioned in the heart of Christchurch’s growing western retail corridor, the centre benefits from a strong regional draw, excellent accessibility, and a robust trade area growing in size, affluence, and density.

With CPI-indexed, fixed and market rent mechanisms, strong occupancy, and a regional monopoly position in its asset class, Dress Smart Hornby offers a compelling investment proposition. A targeted capital works programme, including a comprehensive seismic strengthening scheme which is well advanced and will further elevate the centre’s profile, with completion currently scheduled for Q3/Q4 2025.

*All figures are approximate only.

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