10 - 16 Watts Road, Sockburn, Christchurch City, Canterbury

10 - 16 Watts Road represents a standout large-scale commercial opportunity at a time when true value-add assets are increasingly scarce. The fundamentals are already in place, now the site is ready for the vision of an astute investor or forward-thinking owner-occupier.

Currently home to established trade retailer Trade Depot, the property has a proven track record as a high-performing trade retail facility. With Trade Depot relocating to their new purpose-built premises in 2027, 10 - 16 Watts Road will become surplus to their requirements. The property can be sold with vacant possession, or alternatively the vendor is open to offering a sale and leaseback, providing holding income while you plan your future strategy.

The conventional, well-configured site provides excellent operational efficiency, featuring dual access from both Watts Road and Main South Road, along with approximately 73 metres of frontage offering strong exposure to a key Sockburn thoroughfare. Improvements include clear-span warehousing, generous open-plan showroom areas, first-floor office accommodation, and an exceptional 144 onsite carparks, ensuring the property can support a broad range of commercial uses. The layout also lends itself to splitting the premises into multiple tenancies, unlocking additional income potential or diversifying risk across occupiers.

Strategically positioned within a high-performing mixed commercial and industrial catchment, the property is further strengthened by its permissive Mixed Use zoning, which opens the door to a wide array of future development angles. With very little competing product currently available offering this scale, flexibility, and zoning upside, 10 - 16 Watts Road stands out as a rare opportunity in the Christchurch market.

For occupiers seeking scale, trade retail presence, or operational efficiency, or developers targeting long-term repositioning and value creation, this is an asset that delivers immediate appeal and exceptional future potential.

For sale by Deadline Private Treaty: 4pm, Thursday 12 March 2026 (unless sold prior).    *Boundary lines are indicative only

Features:

• Large freehold land holding
• Sought after Sockburn location
• Zoned Mixed Use
• Excellent connectivity to transport networks
• Regular shaped holding
• Functional buildings of approximately 5,673 sq m
• Vacant possession or sale and lease back
• Low site coverage
• Value add development opportunity
• Dual street access

More information: https://www.colliers.co.nz/p-NZL67038655