The opportunity at 245 Wooldridge Road and 558 Wairakei Road presents investors with the chance to acquire a strategic technology and industrial campus in one of Christchurch’s most established commercial precincts. The properties form the core of the Christchurch headquarters and operational base for Tait Communications, an internationally renowned electronics business that has been trusted in business for almost 60 years.
Headquartered in Christchurch, Tait Communications designs and manufactures mission-critical communications technology used by emergency services, utilities, transport networks and industrial organisations worldwide. The company has built a strong global reputation for reliability and innovation, exporting the majority of its products from New Zealand to markets across Europe, the Americas and the Asia- Pacific region.
Strategically located in the established Harewood and Burnside industrial precinct near Christchurch Airport, the campus benefits from excellent connectivity to key transport routes and the wider Canterbury region. The properties accommodate a combination of corporate office, research and development, and manufacturing facilities that support Tait’s global operations.
For investors, the offering represents a rare opportunity to secure a substantial asset underpinned by a globally recognised technology occupier. Opportunities of this scale, with a strong tenant covenant and a long-established international business at its core, are seldom presented to the Christchurch market.
For sale by Deadline Private Treaty: 4pm, Thursday 7 May 2026 (unless sold prior).
*Boundary lines are indicative only.
Features:
- Close to Christchurch International Airport
- Significant land holding 5.42 ha total over both sites
- Internationally established tenant - Tait Communications Limited
- 245 Wooldridge Road post earthquake build
- Excellent onsite car parking
- Net rental $4,861,868 per annum
- Triple net lease for 558 Wairakei Road
- Fixed rental increase of 4.75% 1 Sep 2026
More information: https://www.colliers.co.nz/p-NZL67039214
