South Island Blue Chip Investment

Premium Commercial Investment | International Anchor Tenant | $705,837.92 Net Income p.a.

An exceptional opportunity to secure a high-quality commercial investment at 17 Sir William Pickering Drive. Anchored by an internationally recognised tenant, established at the property since 2017 and committed through to 2032, with two further four-year rights of renewal, the property is further supported by three additional tenancies, providing a strong and diversified income stream.

Fully refurbished and purposefully designed for modern commercial use, the property offers an impressive combination of tenant security, location, scale and operational resilience.

INVESTMENT HIGHLIGHTS

• Net Operating Income: $705,837.92 p.a.
• International anchor tenant in occupation since 2017
• Anchor lease secured through to 2032, plus two further four-year rights of renewal
• Total of four leased tenancies providing diversified income
• 7,928m² land area (more or less)
• Approx. 3,288.5m² total building area, including balconies
• 104 on-site car parks
• 80% NBS seismic rating
• Substantial backup power generator
• Modern, fully refurbished commercial building
• Strategically positioned within the established Technology Park, Burnside
• Minutes from Christchurch International Airport
• Excellent access to key arterial routes servicing Christchurch's northern and southern corridors
• Walking distance to a range of local amenities

Secure | Established| Strategically Located

A rare opportunity to acquire a substantial South Island commercial asset underpinned by long-term income, a high-quality tenant profile and an exceptional Christchurch location.

Contact David on 021622643 today for further information or to arrange a viewing.