Modern, conventional, and well leased in the heart of Christchurch’s most highly-sought industrial park. This is an investment property not to be missed.
Designed and constructed by one of New Zealand’s preeminent development and construction companies, Calder Stewart, 20 Establishment Drive, Hornby Quadrant is highly specified and has been completed to very high standard. This must-see property features an impressive clear-span, 10m stud warehouse which is accessed via 3 roller doors leading out to the 13.20m wide and 49.10m long drive-through breezeway while the dual access points allow for full drive-around circulation. The well-appointed open-plan offices of 200sqm have excellent kitchen & staff amenity areas, and with 16 onsite car parks staff and customers can park at the front door.
The functional and conventional design of this property ensures maximum efficiency, and is a property that will forever be in occupier demand.
Leased to Drive Group on a 6 year lease the property will provide you with regular growth via the fixed rental increases, while the regular mid-term market reviews ensure your investment stays in check as the market moves forward. The Drive Group entities operate from over 20 sites across Australia and New Zealand.
As one of the highest quality investments to come to the market in recent memory, this is one not to miss so we encourage your early engagement to ensure you are ready on Auction day.
For sale by Auction: 10am, Thursday 14 May 2026 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.
Call the sole agents to request a site inspection.
*Boundary lines are indicative only.
Features:
- Land area: 4,460 square metres
- Building area: 2,849 square metres
- Net passing rental $465,000 + GST +OPEX
- High calibre tenant covenant
- Prime Hornby Quadrant location
- Drive around capability
- Fixed rental growth
- Trophy industrial asset
More information: https://www.colliers.co.nz/p-NZL67039548
