Brand-New, Long-Leased Logistics Trophy Asset

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Brand-New, Long-Leased Logistics Trophy Asset

13 Bruce Stewart Drive, Hornby, Christchurch City

CBRE is pleased to present 13 Bruce Stewart Drive, Hornby, Christchurch for sale by way of a Deadline Private Treaty campaign closing Thursday, 22 October 2026 at 4:00pm NZST (unless sold prior).

Developed in 2026 for the consumer brands business now owned by Lactalis, the property is fully leased to Fonterra Brands (New Zealand) Limited under a long-term lease arrangement. This purpose-built logistics and cold storage facility represents one of the most significant industrial investment opportunities to be offered to the Christchurch market. Generating a net annual income of $2,206,901 + GST and secured by a long-term 15-year lease with fixed annual rental growth.

Strategically positioned within Hornby, Christchurch's premier industrial and logistics precinct, the property offers exceptional connectivity to State Highway 1, the Southern Motorway, Christchurch International Airport and Lyttelton Port. The location continues to benefit from strong occupier demand, constrained industrial land supply and significant long-term infrastructure investment.

Occupying a substantial 1.83-hectare freehold site, the improvements comprise approximately 8,582sqm of high-quality industrial accommodation including chilled storage, freezer facilities, ambient warehousing, loading infrastructure, offices and extensive yard areas. The specialised nature of the improvements creates significant barriers to entry and attractive replacement-cost protection for investors.

Purpose-built as a critical component of New Zealand's dairy supply chain, the facility incorporates modern cold-chain infrastructure, extensive hardstand areas, secure truck circulation, solar generation capability and 100% NBS seismic performance. The property has also been future-proofed with flexibility to accommodate alternative tenancy configurations if required.

Investment Highlights:
–Net annual income of $2,206,901 + GST
–Institutional-grade cold chain and logistics facility
–Approx. 8,582sqm of improvements
–1.83ha freehold landholding
–100% NBS
–Located within Christchurch's premier industrial precinct

13 Bruce Stewart Road is offered for sale by way of a Deadline Private Treaty campaign closing Thursday, 22 October 2026 at 4:00pm NZST (unless sold prior).

Contact the sole agents Bruce Catley, Tim Rookes or Claus Brewer for more information.