Colliers is pleased to present 89 Buchanans Road, Hornby, Christchurch, to the market for sale. This high calibre industrial investment offering epitomises a trophy asset which undoubtedly every investor would be proud to add to their portfolio.
This property truly is an A-Grade investment offering, having a large range of desirable investment attributes. These include a high spec industrial building, built by Calder Stewart, which contains a large high stud warehouse featuring four gantry cranes, multiple roller doors and drive through capability. The building also features modern, high end office space split over two levels. The offices are functional, and face north, providing a desirable working environment. The site has the benefit of a large canopy, huge sealed yard, an abundance of car parking and two street frontages. It has an excellent land holding situated on a high profile site in a prime Hornby location.
The property is leased to an elite tenant covenant being Dimond Roofing who are owned by NZX listed Fletcher Building. The tenant provides strong income totalling $530,740 per annum + GST + OPEX.
Please call the sole agents to request further information on this outstanding investment.
For sale by Auction: 10am, Thursday 5 August 2021 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.
*Boundary lines are indicative only.
Ref #: 20755307
- Contact our experts for details on this transaction.