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Split-Risk New Build Industrial Warehouse
57 Hands Road, Middleton, Christchurch City
CBRE is pleased to offer to the market for sale price by negotiation, 57 Hands Road, Middleton. Currently under construction and with completion date programmed for April 2026, this is an excellent opportunity for investors to purchase a multi-tenanted industrial property. Underpinned by two long standing tenants on ten year leases generating circa $450,000 per annum plus GST and operating expenses in one of Christchurch’s most sought-after industrial suburbs. This is an asset that will appeal to investors who appreciate true industrial property fundamentals. Upon completion the property will comprises two circa 1,200sqm* medium stud warehouse tenancies, associated canopies and offices on a 5,124sqm* site. The Freehold land which is zoned Industrial Heavy is positioned in the tightly held location of Middleton with excellent transport linkages to the main arterial and motorway systems. Features
New build under construction with completion due April 2026
Close proximity to motorway system
Split-risk with two warehouse tenancies
Net rental circa $450,000 per annum plus GST and operating expenses
Call the sole agent Hamish Clarke (021 960 655) for more detail. *Approx.
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Address
57 Hands Road, Middleton, Christchurch City
For Sale
Price by negotiation
Type
Industrial Building
Land area
5,124
sqm
approx.
Floor area
1,200
sqm
approx.
Listing ID
CCH100896
Office
CBRE Christchurch
For Sale
Price by negotiation
Ask a Question
Hamish Clarke
Director, Industrial & Logistics
m.
021 960 655
b.
03 374 9889
hamish.clarke@cbre.co.nz
CBRE Christchurch
Level 4, 222 High Street
Christchurch Central, 8011
b.
+64 3 374 9889
f.
03 374 9884
www.cbre.co.nz
info@cbre.co.nz
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