Australasia’s largest mattress and foam manufacturer, The Comfort Group, are in growth-mode and with opportunities on the horizon their capital is best working in their business, opening the opportunity for astute investors to secure a true A-Grade industrial facility, with a new long-term lease, and in one of the most highly-sought locations in Christchurch.
Completed in 2013, the Calder Stewart constructed asset features a new 10 year lease, with fixed rental growth of 2.50% per annum (exc. market review dates) and market reviews every 5 years which ensures security and growth for the new owners. The two year notice period for renewals will also have great appeal.
Generic in its design, but quality in its finishes, the conventional industrial facility has been designed to suit the wide-range of business needs of the occupier including manufacturing, storage and distribution.
The well-specified offices and amenities span two levels with a northerly aspect towards the southern alps and provide plenty of staff facilities including a large cafeteria. The high-power supplied and sprinklered drive-around warehouse, which rises to approximately 11.0m at the apex, is served by multiple roller door accesses including 5 sunken dock roller access points on the eastern frontage. Over 150 onsite car parks could double as large yard areas for further container laydown and truck-parking.
The quality premises is positioned with three street frontages in the highly-sought development of Hornby Quadrant. With quality neighbors such as Fletcher Comfortech, Laminex, EasySteel, AB Equipment and NZ Trucks surrounding this property, 4 Sir James Wattie Drive could not be better located.
A true bottom-drawer A-grade investment, be quick and enquire today.
For Sale by Deadline Private Treaty, closing 4pm Wednesday 5 November 2025 (unless sold prior).
*Boundary lines indicative only
Features:
- New 10 year lease
- Fixed rental growth plus market reviews
- Australasia’s largest mattress and foam manufacturer as tenant
- Additional security via bank-guarantee
- Highly-sought location – Hornby Quadrant Business Park
- Modern construction by Calder Stewart
- Large land holding with 3 street frontages
- Moments from the Southern Motorway
More information: https://www.colliers.co.nz/p-NZL67036430
