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United Industries - Leased Investment - #1
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For Sale

Deadline Private Treaty 13th May 2021 4pm (Unless sold prior)

Colliers, as sole marketing agent, is pleased to present 20-22 McAlpine Street, Wigram, Christchurch.  

Spread of future risk across two highly desirable industrial buildings; a very well-known tenant covenant in United Industries and a sought-after location. There have been very few assets with these investment fundamentals come to the market in recent memory.

The buildings, set across two freehold titles, are positioned on a regular shaped and wide parcel of industrial heavy zoned land totalling 10,106sqm.  

Ideally suited to general logistics through to heavy industrial uses, the warehouses rise to approximately 8m at the knee and 10m at the internal portal apex. The bright warehouses feature heavy duty gantry cranes which are included in the sale.  

Designed for the handling of heavy goods, the buildings have housed the current occupier since their construction and the premises continue to serve their use well. The extra width roller doors access each side of each warehouse, providing full drive-thru and product-thru capabilities.

The offices are a very small percentage of the total floor area, something astute investors will appreciate.

A very desirable offering in a very desirable central location. With a new three year lease, this prime asset will be sold on or before the deadline date.

For sale by Deadline Private Treaty: 4pm, Thursday 13 May 2021 (unless sold prior).

*Boundary lines are indicative only.



Ref #: 20689855