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Add Value Twice
112-114 Wrights Road, Addington, Christchurch City
Savills is pleased to offer for sale 112 & 114 Wrights Road, Addington, a substantial office investment and value-add opportunity within one of Christchurch's most established commercial precincts. Comprising approximately 5,250sqm of freehold land across two office buildings, the property combines secure holding income with significant repositioning potential. Returning $673,942.80 per annum from a diverse tenant profile, the asset benefits from 93 on-site car parks, an established café amenity and expansive views across Addington Raceway. With approximately 816.81sqm of vacant accommodation immediately available, purchasers are well-positioned to pursue strengthening, leasing and refurbishment initiatives from day one. Extensive engineering work has already been undertaken, including detailed strengthening documentation for 112 Wrights Road and concept strengthening plans for 114 Wrights Road, both targeting 73% NBS. Property Highlights:
Approx. 5,250sqm freehold landholding
Current net income of $673,942.80 p.a.
Potential income of $905,997.45 p.a.
Approx. 3,313.85sqm net lettable area
Approx. 816.81sqm of vacant accommodation providing immediate upside
93 on-site car parks
Engineering documentation targeting 73% NBS
Diverse tenant profile with staggered lease expiries
Attractive outlook across Addington Raceway
Located minutes from Christchurch CBD, One NZ Stadium and surrounding amenities
A rare opportunity to acquire a scale commercial investment with multiple pathways to create value. 112 & 114 Wrights Road, Addington is offered for sale by Deadline Private Treaty closing 4.00pm, Thursday 29 October 2026 (unless sold prior). Contact Savills sole agents today for further information or to arrange an inspection.
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Address
112-114 Wrights Road, Addington, Christchurch City
For Sale
Deadline Sale Thu 29 Oct 4:00PM
Type
Office
Land area
5,250
sqm
approx.
Floor area
3,314
sqm
approx.
Listing ID
GW26066468
Office
Savills Christchurch
For Sale | 112 & 114 Wrights Road
For Sale
Deadline Sale Thu 29 Oct 4:00PM
Ask a Question
Martin Hebler
Executive, Commercial Sales
m.
+64 22 093 4656
b.
+64 3 974 1188
martin.hebler@savills.co.nz
Licensed Under The REAA 2008
Ryan Geddes
Managing Director
m.
+64 (0) 21 395 518
b.
+64 (0) 3 974 1188
rgeddes@savills.co.nz
Savills Christchurch
Anthony Harper Tower Level 4/62
Worcester Boulevard
Christchurch, 8011
b.
+64 (0) 3 974 1188
www.savills.co.nz
molly.simpson@savills.co.nz
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