5 Lakeside Place, Harewood, Christchurch Prime Christchurch investment

Available PropertyFiles:

  • Information for buyers.zip

Property Description

This property provides an opportunity to secure a passive industrial investment in one of Christchurch’s most tightly held industrial locations.
The asset itself is a modern, well-specified industrial facility comprises 2,250sqm (approximately) of total floor area. It delivers an efficient warehouse-to-office ratio, yard space, and a practical site layout that suits a wide range of occupiers. Built to a high standard and with a 100% NBS seismic rating, it provides low-maintenance ownership and enduring tenant appeal.

Income security is underpinned by a strong tenant covenant returning net $353,973.75pa + GST, with fixed annual rental growth of 2.75%. The initial lease term runs through to 2029, with rights of renewal extending final expiry to 2044, offering nearly two decades of potential income stream for investors.

With modern construction, a quality tenant, and a location adjacent to Christchurch Airport where industrial land supply is scarce, 5 Lakeside Place represents a rare chance to secure a long-term, growth-linked investment in a premier industrial precinct.

Key features
• Modern Investment returning net $353,973pa + GST
• Current term expiry 2029 with potential occupancy to 2044
• Freehold 4,242sqm (more or less) site, 100% NBS
• Prime Harewood location, minutes from Christchurch Airport

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.

Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Greg Hall

Bayleys Real Estate Limited

Licensed under the REA Act 2008

09 375 6839   021 023 21884   greg.hall@bayleys.co.nz   All Listings

Armed with a degree in finance and accounting from the University of Otago, Greg is an integral part of the Bayleys Central & West Auckland Industrial Sales and Leasing team.

Greg is working at the forefront of Commercial and Industrial property throughout Auckland and his enthusiasm for all things property and business are reflected in his dedication to the role, including keeping abreast of current trends and market conditions.

Greg believes a strong client and agent relationship is key to any transaction, and paired with his hardworking attitude has lead to the conclusion of a substantial number of transactions in leasing, investment and vacant sales.

Greg thrives on the fast-paced environment and is not one to shy away from a challenge. He works with confidence and transparency and believes clear communication is fundamental to building strong business relationships.


Contact Nick O'Styke

Whalan and Partners Ltd, Bayleys,

Licensed under the REA Act 2008

+64 3 375 4700   +64 27 696 9801   nick.ostyke@bayleys.co.nz   All Listings

Nick O’Styke’s strong work ethic, infectious energy, client centric approach has made him a leading name in Canterbury commercial and industrial real estate.

Hard at work since 2011, Nick operates on the principles of integrity and trust. He takes a no nonsense approach, building strong relationships through exceptional service and an easy-to-deal-with manner.

Nick believes that action is the key to success, and his results prove it. In fourteen years, he has achieved well in excess of $500 million in sales, earning numerous awards along the way, consistently achieving Top 5% of Bayleys salespeople since 2017 and more recently has been named Bayley’s Coveted Number One Commercial & Industrial agent for FY 2025 Nationally.

Not one to rest on his laurels, Nick approaches every property as a fresh challenge, with clients large and small gaining equal attention and dedication. Supported by his business partner, Anna Morawiec, Team O’Styke continues to deliver exceptional results for their clients across the country. When Nick isn’t working, you’ll find him hunting, diving, fishing and spending time with his young family.