• Returning $50,000pa + GST and outgoings
• Established tenant of more than 25 years
• 10-year lease from 1 September 2025 with rights of renewal
• 386.5sqm industrial unit
• 67% NBS seismic rating
Secure a proven industrial investment in one of Christchurch’s most established industrial precincts. Located at 240D Annex Road, Middleton, this 386.5sqm (approximately) well-presented property is underpinned by a long-standing tenant, with Elite Wheels having occupied the premises for over 25 years and recently committing to a new 10-year lease term. Returning $50,000 per annum plus GST and outgoings, the investment offers strong income security with built-in rental growth.
Positioned in the heart of Christchurch’s well-established Middleton industrial precinct, the property enjoys easy access to major transport links, nearby amenities, and a wide range of surrounding businesses. Renowned as one of the city’s premier industrial locations, Middleton continues to attract strong occupier demand from industrial, trade, and logistics operators, giving investors confidence in the area's long-term strength, stability, and ongoing growth.
Contact the Sole Agents today for more information or visit www.propertyfiles.co.nz/5530760
For Sale by Auction (unless sold prior) at 11am, Thursday 9 July 2026 at 3 Deans Avenue, Addington, Christchurch.
