CBRE are delighted to offer this brand new development at 57 Hands Road, Middleton to the market for sale price by negotiation.
If you have been searching for a modern industrial investment currently being constructed that is underpinned by two excellent tenants providing a split risk investment then look no further. Well-positioned on an efficient site allows the property has been designed with flexibility in mind for the future.
With a prime, conventional warehouse under construction in a sought after location, fixed annual rental growth, and security of a long lease term from two well regarded tenants this is an investment not to miss. The building is due for completion in April 2026.
With a combined annual rental income of $442,170 + outgoings + GST and robust tenant profiles, this property represents a secure and lucrative investment opportunity in one of Christchurch’s most sought after industrial precincts.
Key Features:
- Two tenants with long trading history
- Conventional building – low office to warehouse ratio
- Attractive rental rates
- Sought after Middleton location
- Industrial Heavy Zoning
- Fixed rental growth
For further detail contact sole agent Hamish Clarke (021 960 655) to register your interest.