With a highly-captive, and very well backed primary industry tenant, this modern industrial investment positioned in sought-after Izone, Rolleston, is sure to attract interest from astute investors across the country. 25 Izone Drive represents a unique opportunity to acquire passive industrial investment within one of Canterbury’s most tightly held and rapidly expanding industrial precincts.
Leased by Fiordland Lobster Company, a long-standing and very well-backed exporter of premium New Zealand seafood products. Investors will take comfort in the tenants strong trading history which dates back almost 30 years, and its impressive shareholder base which includes government, iwi, private equity, and private investors. Importantly, the building was built to suit and subsequently adapted to the tenant’s requirements, including recent extensions driven by increased demand.
Stage 1 of the facility, totally approximately 1700sqm, was completed in 2012, while extensive business growth saw the requirement for stage 2 which added another circa 1300sqm and was completed in 2024. The extensive fit-out makes relocating a very difficult task for the tenant, while the relatively generic shell still provides the investor with ample future occupier options should vacancy ever exist.
The freehold title of 6340sqm is positioned on the established Izone Drive, directly across from The Warehouse Groups South Island distribution centre, in the highly sought Izone Business Hub.
The lease is approximately 4.5 years through its current 13 year term, and with a further two rights of renewal of 12 years and 10 year respectively, investors will be looking forward to very long and passive returns. Annual CPI increases, along with regular market reviews ensure the investment stays in check with market growth.
Don’t miss your opportunity to secure this passive, modern industrial investment.
For sale by Deadline Private Treaty closing: 4pm, Thu 4th June 2026 (unless sold prior)
*Boundary lines are indicative only.
Features:
* Fee simple title – 6,340sqm
* Modern industrial improvements
* Established tenant covenant with impressive shareholder base
* Long lease profile
* Passive investment profile – low maintenance, hands-off
* Built-in CPI rental growth with regular market reviews
* Prime Rolleston location
* Heavily committed tenant
