95 Shands Rd,
Deadline Private Treaty
UNRIVALLED MULTI-TENANTED INVESTMENT
Blue-chip tenants, substantial fixed rental growth, huge land holding, unbelievable profile, 3 street frontages and all situated on a main feeder road to the new Southern Motorway - this truly is an unrivalled investment opportunity.
Home to the current tenants Brambles New Zealand Limited trading as CHEP since 2006 and BP Oil New Zealand Limited since 2011 as a truck stop for BP. CHEP has recently exercised its first of two rights of renewal for a further term of 5 years commencing September 2019.
Situated on a substantial freehold section measuring 1.8062ha on the high-profile corners of Shands Road, Halswell Junction Road and Seymour Street, this impressive property features a conventional steel portal warehouse, office and amenities, all of which are well positioned allowing for maximum yard area and efficient vehicle access. The building has an A-Grade Seismic Rating of 80% NBS. The site has been designed for high traffic movements with slip lane access from Halswell Junction Road and wide entries from Shands Road and Seymour Street offering full drive around capability.
This prime holding is situated within one of the highest growth and rapidly evolving industrial areas of Christchurch. With Shands Road set to be one of the main feeder roads to the new Southern Motorway, it is certain that this area will experience significant enhancement in the short to medium term. The burgeoning commercial/retail precinct in Hornby is located approximately 1km from 95 Shands Road and is home to the popular retail developments of The Hub Hornby Mall, Dress-Smart and Mitre 10 Mega Centre.
This is one for your bottom drawer, whilst providing a platform for growth going forward.
For Sale by Deadline Private Treaty (unless sold prior) closing 4pm, Thursday 25 July 2019.