Immaculate Warehouse Building for Sale in Wigram Business Park

05 September 2017

A modern, architecturally-designed warehouse building in Wigram Business Park is on the market, presenting an ideal opportunity for investors and owner occupiers.

15 Avenger Cres, Christchurch, is being marketed by Benjamin Dwan and William Wallace of Savills Industrial and is for sale by deadline private treaty closing on September 27.

The building is split into two separate tenancies; occupied by painting and building maintenance company Carus Group and floor covering specialist Floor Store, says Dwan.

“This is a great chance for an investor to acquire a top-quality asset in the sought-after industrial sector, in a popular business park. This property is considered a prime investment holding, given its design, immaculate fit-out and location in the sought-after Wigram Business Park precinct.”

With Carus Group moving to a bigger property, their unit will be becoming vacant in the next 12 to 24 months, offering an opportunity for industrial owner occupiers as well as investors, Dwan says.

“Carus Group occupies the larger unit within the property, which has 775 square metres of warehouse and office space along with 10 car parks. Their upcoming move makes this property an ideal option for businesses looking to buy and move in to premium industrial premises. There’s also the added bonus of additional income from the smaller tenancy leased to Floor Store.”

No expense was spared in the design, construction and fit-out of the building, says Wallace. “This is a stunning warehouse and office facility that would make a trophy addition to investors’ portfolios. It will also lend significant prestige to any future occupier’s brand.”

The building provides 1011sq m of floor area in total, split into two tenancies which each have warehouse, office/showroom space and staff amenities. The 1616sq m corner site has dual entry and exit points and good profile to the Christchurch Southern Motorway.

Developed by Ngāi Tahu Property, Wigram Business Park is Christchurch’s newest industrial estate. 85% of the sites have now been developed and the park is now home to a prestigious collection of occupiers.

The development has proven very popular among businesses wanting to occupy modern, state-of-the-art premises on quality land in the west of Christchurch with good transport links, Wallace says.

“Wigram Business Park is located within easy access of the Southern Motorway, which provides efficient and reliable connections to the central city, Lyttelton Port and State Highway One via Hornby.”

The business park is also located next to the Wigram Skies residential development, which contains 1400 sections and a new town centre providing shops, cafés and services to the large surrounding community.

 
 

Key Contacts

Benjamin Dwan

Benjamin Dwan

Manager
Industrial & Business Services

Savills Christchurch

+64 (0) 21 270 0061

 

William Wallace

William Wallace

Executive
Industrial

Savills Christchurch

+64 (0) 27 474 7981