10 - 16 Watts Road represents a standout large‑scale commercial opportunity at a time when true value‑add assets are increasingly scarce. The fundamentals are already in place, now the site is ready for the vision of an astute investor or forward‑thinking owner‑occupier.
Currently home to established trade retailer Trade Depot, the property has a proven track record as a high‑performing trade retail facility. With Trade Depot relocating to their new purpose‑built premises in 2027, 10 - 16 Watts Road will become surplus to their requirements. The property can be sold with vacant possession, or alternatively the vendor is open to offering a sale and leaseback, providing holding income while you plan your future strategy.
The conventional, well‑configured site provides excellent operational efficiency, featuring dual access from both Watts Road and Main South Road, along with approximately 73 metres of frontage offering strong exposure to a key Sockburn thoroughfare. Improvements include clear-span warehousing, generous open‑plan showroom areas, first‑floor office accommodation, and an exceptional 144 onsite carparks, ensuring the property can support a broad range of commercial uses. The layout also lends itself to splitting the premises into multiple tenancies, unlocking additional income potential or diversifying risk across occupiers.
Strategically positioned within a high‑performing mixed commercial and industrial catchment, the property is further strengthened by its permissive Mixed Use zoning, which opens the door to a wide array of future development angles. With very little competing product currently available offering this scale, flexibility, and zoning upside, 10 - 16 Watts Road stands out as a rare opportunity in the Christchurch market.
For occupiers seeking scale, trade retail presence, or operational efficiency, or developers targeting long‑term repositioning and value creation, this is an asset that delivers immediate appeal and exceptional future potential.
For sale by Deadline Private Treaty: 4pm, Thursday 12 March 2026 (unless sold prior).
*Boundary lines are indicative only
Features:
- Large freehold land holding
- Sought after Sockburn location
- Zoned Mixed Use
- Excellent connectivity to transport networks
- Regular shaped holding
- Functional buildings of approximately 5,673 sq m
- Vacant possession or sale and lease back
- Low site coverage
- Value add development opportunity
- Dual street access
More information: https://www.colliers.co.nz/p-NZL67037870
