This property presents a prime investment opportunity in the coveted Hornby industrial area of Christchurch.
Leased to two national tenants provides you with a stable and low-maintenance investment with a reliable income streams, while the significant land holding with low site coverage offers exceptional future potential.
Positioned on Branston Street, just off the arterial of Halswell Junction Road in the highly-sought industrial location of Hornby. This area has experienced remarkable growth over the past decade and has become a leading commercial and industrial hub, bolstered by proximity to key retail centres such as The Hub Hornby Mall, Dress-Smart, and Mitre 10 Mega Centre, all within 1.5 km. Nearby trade retailers such as Placemakers, Bunnings Trade, Carters, and ITM further enhance the property’s appeal.
Significant industrial developments - including Waterloo Business Park, Mānia Industrial Park and Hornby Quadrant on Shands Road have added significant industrial development over the recent years. Recent infrastructure improvements, such as the Halswell Junction Road upgrade and the opening of the Christchurch Southern Motorway, greatly improved connectivity and increased traffic flow, making this location even more desirable.
With a combined annual rental income of $367,258 + outgoings + GST and robust tenant profiles, this property represents a secure and lucrative investment opportunity in one of Christchurch’s most dynamic industrial precincts.
For Sale by Deadline Private Treaty closing 4pm, Thursday 7 November 2024 (unless sold prior).
Contact the sole agents for more information.
Boundary lines are indicative only.
Features:
* Significant land holding of 18,460 sq m
* Two national tenants
* Sought-after Hornby Industrial location
* Low site coverage
* Low maintenance investment
* Industrial Heavy Zone
* Annual rental $367,258 + Outgoings + GST
* Near main arterials
