Colliers is pleased to present this long-term, industrial investment to the market.
Positioned on Annex Road in the heart of Middleton, this well presented property is underpinned by a 10 + 10 year lease to Southern Monograms Limited — a reputable and established operator with a long trading history. The lease provides structured annual rental growth, market rent reviews, and a final expiry of 31 October 2041.
The 476.6 sq m building features a functional mix of warehouse, showroom and office accommodation, complemented by nine onsite car parks and excellent profile to Annex Road. Sitting on 962 sq m of freehold land, the property is strategically located with easy access to main arterial routes, Blenheim Road, the Southern Motorway, and the wider industrial network.
Opportunities to secure long-term industrial investments in this location are increasingly rare. With a strong tenant, attractive lease tenure, and strong demand for Middleton industrial property, this is an asset that will appeal to savvy investors.
Contact the sole agents for further information or to arrange a site inspection.
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:
- Long-term 10 + 10 year lease
- Net annual rental $66,625 + GST + OPEX
- Structured annual rent growth with market reviews
- 476.6 sq m total building area
- 962 sq m freehold landholding
- 9 on-site car parks
More information: https://www.colliers.co.nz/p-NZL67037224
