Positioned in the heart of Wigram’s thriving industrial precinct, this quality post-earthquake build presents an exceptional opportunity for astute investors seeking secure income, strategic location, and long-term upside.
This well-specified industrial property comprises a total floor area of 985sqm on a 1,436sqm freehold site. Currently returning a solid $130,115.00 per annum net, the property is underpinned by two established tenants with a WALT of 3.16 years, offering immediate cash flow with future leasing flexibility.
Key Investment Highlights:
• Net income: $130,115.00 + GST p.a.
• Total floor area: 985.5sqm (approx.)
• Freehold land area: 1,436sqm
• Two tenancies – diversified income stream
• Weighted Average Lease Term (WALT): 3.16 years as of May 2025
• Modern, post-earthquake construction
• Located in a tightly-held and sought-after Wigram industrial hub
Avenger Crescent has established itself as one of Wigram’s most desirable industrial addresses, surrounded by high-calibre businesses and benefiting from excellent access to main arterial routes and the Southern Motorway. Properties of this calibre with multiple tenancies and strong income profiles are rarely brought to market.
A rock-solid investment in one of Christchurch’s premium industrial zones – secure your position now.
Contact the sole agents today for more information or to arrange a private inspection.
To assist purchasers with their assessment of the offering an online due diligence data room is available: propertyfiles.co.nz/5527151
