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Colliers, Christchurch, South Island Commercial Limited, (Licensed: REAA 2008)

3/21 Michelle Road, Wigram

Auction on 19 Mar, 10:00 am

Listing Description

Listed: Tue, 18 Feb

Wigram investment - Long term tenant

3/21 Michelle Road, Wigram, Christchurch City, Canterbury

To be sold by auction on 18 Mar, 9:00 pm

Details

  •   258m² Floor
AttributeValue
Property use
Industrial
Agency reference
NZL67032897

Description

Colliers are pleased to bring this immaculate entry level industrial investment to the market for sale.

Positioned in arguably Christchurch’s best industrial location , this stunning, modern investment opportunity is leased to NZCT who have been in the property since it was first constructed.

The property is modern and well-presented and has been looked after very well by the long-term tenant who occupies the site. The property is conventional and low maintenance and sits in a desirable price bracket for entry level investors.

The building is configured with multi-level office/showroom, clear span warehouse with a full-height roller door. The property faces north and has access off Parkhouse and Michelle Road. 

High quality bite sized industrial investments are rare, contact us today so you can sit back and enjoy the rewards from this hands-off, bottom-drawer investment.

Call the sole agents to request further information or to arrange a viewing. 

For sale by Auction: 10am, Wednesday 19 March 2025 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.

*Boundary lines are indicative only.

Features:

  • Bite sized commercial investment
  • Dual access
  • New three (3) year renewal term
  • North facing
  • Net annual rental $41,500 pa + GST + OPEX
  • Popular Wigram location
  • 258 sq m building area

More information: https://www.colliers.co.nz/p-NZL67032897


Property Files

Oliver Salt

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Colliers, Christchurch, South Island Commercial Limited, (Licensed: REAA 2008)

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