Positioned in Christchurch’s most highly-sought industrial suburb of Wigram, and leased to nation-wide Active Refrigeration who employee over 190 staff across the country, this post-earthquake A-Grade industrial investment is a must for any astute investors bottom drawer.
Constructed by highly-regarded construction firm Hanham & Philp in 2016 as a distribution center and trade-showroom, this A-Grade industrial facility was developed with efficiency in mind.
It is no wonder that nation-wide Active Refrigeration, who have been in occupation since 2018, have extended their lease out to 2029.
With excellent street presence to the busy Hayton Road, the high-profile building features clear-span warehousing rising to an impressive approx. 9.35 stud-height which is serviced by the approx. 8.5m wide drive-through canopy with triple roller door access.
The drive-around site maximises the efficiency and ease of operation, while a fourth roller door at the rear provides an excellent service point for couriers and smaller trucks. The highly-appointed office and showroom, which spans over two levels, is served by a dozen car parks.
Active Refrigeration employ approximately 190 staff across New Zealand and are one of the most well-regarded companies in the refrigeration industry which supplies and services everything from HVAC to cold-storage plant and equipment.
Wigram is considered Christchurch’s preeminent industrial location, thanks in part to its central proximity, access to the motorway and ring-road systems, and the quality of buildings and occupiers.
For Sale by Deadline Private Treaty, closing 4pm Wednesday 30 April 2025 (unless sold prior)
Contact the sole agents today for more information.
*Boundary lines are indicative only.
Features:
* Preeminent Christchurch location
* High-profile building
* Very functional and efficient facility
* 9.35m stud height warehousing
* Drive-in, drive-out access
* Constructed 2016
* Nation-wide tenant
* 2 yearly market rent reviews
