This is a standout, freehold industrial investment opportunity underpinned by great lease terms, including additional rights of renewal and built in rental growth linked to CPI.
This investment is located in Izone Business Park and is positioned on a prominent corner site. The building is a conventional and modern asset comprising clear span warehouse, quality office space and secure asphalt yard.
The building was purpose built in 2015 for the current occupying business, who are owned by an Australian company, listed on the Australian stock exchange. The property sits at only 32% site coverage which, enables future development scope to increase rental return and overall asset value.
Astute investors will appreciate the great opportunity to acquire a safe and secure, high quality modern industrial investment that’s located in one of the fastest growing industrial locations in New Zealand.
Call the sole agent to request the property information.
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.
*Boundary lines are indicative only.
Features:
- Returning $161,866 + Opex + GST
- Land Area 3,361sqm
- Annual CPI rental growth
- Tenant covenant - large Australian listed company
- Development potential with 32% site coverage
- Additional rights of renewal
More information: https://www.colliers.co.nz/p-NZL67039223
