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Colliers presents 160 Waterloo Road, Hornby, Christchurch, to the market for sale. Positioned in Christchurch’s most highly-sought industrial location of Hornby sits 160 Waterloo Road, a prime-industrial offering anchored by transport behemoth, NZX listed Mainfreight Limited.
In 2019 Mainfreight identified this site as an excellent base for their ever-growing ‘Mainfreight 2 Home’ business line and in 2024 they showed their commitment to the site by renewing their lease.
This quality facility was designed with transport and logistics in mind. The current tenant and history of previous occupants, Peter Fletcher Transport and Toll Logistics, point to the vehicle and warehousing efficiency which this asset offers. Dual access from Waterloo Road is utilised as a one-way drive-around loop allowing every inch of yard to be efficiently used. Security fenced, the vast sealed yard areas provide ample space for container lay-down and cross-docking operations.
Astute buyers will appreciate the large freehold title, functional improvements, and attractive rental rates and will no doubt have an eye on the strong future growth prospects.
For sale by Deadline Private Treaty closing 4pm, Thursday 20 March 2025 (unless sold prior).
*Boundary lines are indicative only.
Features:
* Prime location
* Excellent vehicle flow with two street access points
* NZX listed tenant
* Large yard areas with drive around ability
* Excellent growth prospects with low rental rates
* Close proximity to the efficient ring-road motorway system
* Highly functional industrial improvements
* Annual rental $606,913 pa + GST
* Significant land holding