60 Elizabeth Avenue, Rakaia, Ashburton, Canterbury

• Strategic positioning along key arterial routes
• Exposure to a high-performing agricultural economy
• Affordable entry point with strong future growth potential
• Opportunity for owner-occupiers to establish or expand operations
• Annie's Boutique occupying a portion of the site on an informal basis (paying a peppercorn rental of $150 per week)

Positioned within a key South Island logistics area, this 543sqm property in Rakaia benefits from direct connectivity to State Highway 1 and the Main South rail line, providing excellent accessibility for transport, distribution, and service-based operators.

Located in one of New Zealand’s most productive agricultural regions, the property is supported by consistent demand from agri-related industries, contractors, and rural service providers, supporting strong tenant demand and long-term occupancy fundamentals.

This property is well suited to owner-occupiers seeking to acquire a premises for their existing or future business operations. It also appeals to active, value-add investors who typically target small- to mid-sized opportunities, with potential to increase rental income or undertake redevelopment to enhance value.

Additionally, Rakaia offers a more accessible entry price point compared to larger areas such as Christchurch and Ashburton, presenting an attractive value proposition. With ongoing regional decentralisation and continued infrastructure investment, the property is well-positioned to benefit from future capital growth and increasing demand over time.