Investment - New 10 Year Lease 10% Return

1-5, Smarts Road, Hornby, Christchurch City


Proposed Usage
Floor Area
9911.00 m²
Land Area
19534.00 m²
Property ID

This is what you have been waiting for! A fully leased investment opportunity in the heart of Hornby next to the Hornby Hub. The existing tenant Americold NZ Limited has taken a new 10 year lease from the 1st July 2016.

Sale price of $13,000,000 with a 10% return

The owners have just completed building 4,291.38m² of brand new Coolstore which is insured for replacement value, the balance is insured on an indemnity basis.

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Hornby Area