NAI Harcourts Grenadier are pleased to bring to the market for sale, 1/20 Parkhouse Road in the sought after industrial hub of Wigram. This hard-working Industrial investment offers an easy entry level starter for buyers looking to transition into commercial property investment, while equally providing existing investors an attractive addition to their portfolio.
Ideally positioned fronting Parkhouse Road, excellent profile and access on and off this main thoroughfare road are provided to a generous hardstand yard and parking. Main south-western arterial roads and Southern Motorway access are just two minutes' drive away, providing efficient access to the city centre or southbound. This established Industrial area is also near the entry to the popular Wigram Business Park and Wigram Skies residential catchment, with its modern commercial retail and services precinct.
A sunny north-east facing warehouse/workshop with dual roller doors and office amenity serves the Engineering tenant well, with the business having operated from the property successfully since 2017, and recently renewing their lease for a further 3-year term from September 2026.
Investment Highlights:
• Warehouse/ Workshop: 120.4sqm with two electric roller doors
• Excellent natural light and 3 phase power
• Offices & Amenity: 62.7sqm north facing with air conditioning
• 4 on site car parks and shared yard
• Leased to September 2029, returning $37,984 + OPEX & GST per annum
Our retired Vendor has issued clear instructions to sell the property on or before Auction day on 27 August. Tenanted investments at entry-level buying in this tightly held suburb are in short supply so your early inspection and due diligence of this opportunity is recommended.
Contact the sole agent, Dave Calder today to arrange your viewing on 029 200 8073.
To download Property Files click the link below, register your details and you will be sent an email with the files to view and download.
https://www.propertyfiles.co.nz/property/L42050386
To be sold by Auction from 11am, 27 August 2026 (unless sold prior) at Harcourts Grenadier, 98 Moorhouse Avenue, Christchurch
Note: Floor Areas are estimated only and have not been independently verified. Purchasers are advised to seek their own professional advice.
