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Strategic Land with Holding Income

588 Pound Road, Yaldhurst

Industrial Land
dollar

$4,600,000 Plus GST (if any)

Floor area
45982m2
Land area
4.60ha
Title type
Freehold
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Property details

Listing # 5530232 | Listed on 7 April

•Purchase price of $4,600,000 plus GST (if any) which reflects a capitalised yield of 5.17%
•Current NET holding income of $238,238 per annum across multiple tenants
•Ability to tenant the remaining circa 2ha of bare land
•Land use consents for tenant uses
•45,982sqm total land area
•Rural Urban Fringe zoning

Positioned in the high-growth western corridor of Christchurch, 588 Pound Road, Yaldhurst, presents a rare opportunity for owner-occupiers, speculators, and forward-thinking commercial developers. This expansive site with multiple income streams, offers strategic proximity to key transport routes, Christchurch International Airport, and the city's thriving industrial and logistics hubs. With a generous landholding, the property is primed for future commercial ventures seeking a foothold in this rapidly expanding precinct.

Yaldhurst’s evolution into a key commercial and industrial destination makes this site a compelling investment. The location balances accessibility with ample space for development, catering to businesses requiring scale, efficiency, and connectivity. Whether you're an investor, owner-occupier, or developer, 588 Pound Road offers an exceptional platform to capitalise on Christchurch’s growth and the increasing demand for premium commercial land.

For further information please contact the sole agents.

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