This is a rare opportunity to acquire a modern, purpose-built commercial property in the thriving North Canterbury market.
Strategically located on Lineside Road, the site benefits from excellent exposure and accessibility, making it an ideal base for retail, automotive, or commercial operations.
The building itself has been thoughtfully developed, offering a contemporary single-storey structure with a concrete floor, Colorsteel roof, and high-quality finishes throughout. The property includes a spacious hardstand car yard, designed for vehicle display and customer convenience, alongside well-planned retail spaces. The facility is currently leased to Morrison Cars, a reputable and established vehicle dealership, providing immediate income and a strong, reliable tenant profile.
With strong local population growth, ongoing infrastructure development, and a focus on commercial expansion in Rangiora, this property presents significant potential for capital growth. Investors have the chance to secure a high-quality, income-generating asset in a prominent location, with the flexibility to explore future redevelopment or expansion opportunities.
This is a highly attractive acquisition for both owner-occupiers seeking a turnkey solution and investors looking for a secure, long-term commercial investment in North Canterbury.
For sale by Auction 10am, Thursday 4 December 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:
- Established tenant
- New 5-year term lease - from settlement date - Morrison Group
- Large land holding
- High profile location
- Growth region
- Net income $189,301 pa* *This figure indicates revenue share received over last 3 financial years
More information: https://www.colliers.co.nz/p-NZL67037081