Available PropertyFiles:

  • /Approved Plans/
    • Approved Plans.pdf
  • /Building Warrant of Fitness/
    • Building Warrant of Fitness.pdf
  • /Certificate of Insurance/
    • Certificate of Insurance.pdf
  • /Code Compliance Certificate/
    • Code Compliance Certificate.PDF
  • /Information Memorandum/
    • Information Memorandum.pdf
  • /Land Information Memorandum/
    • Land Information Memorandum.PDF
  • /Title/
    • Title.pdf

Property Description

For Sale by Auction, 12pm, Thursday 4th July 2024 (unless sold prior) at 3 Deans Avenue, Christchurch.

- New ten year lease returning $180,000 per annum net
- Well-established strong tenant covenant
- Strategically located in a prime industrial location
- Post-earthquake 100% NBS modern build

54 Waterloo Road offers an exceptionally rare investment opportunity. Positioned in the heart of Hornby, one of Christchurch's premier industrial locations, on popular and well-known Waterloo Road this immaculate property comes complete with a new ten year lease-back to a well established Australasian tenant, Multispares N.Z. Limited and is returning $180,000 net per annum. Constructed in 2018, the property consists of high quality clear-span warehouse accompanied by impressive office and amenities of conventional ratio on a regular-shaped freehold site with excellent road frontage to Waterloo Road complete with ample car parking.

Seldom do bottom-drawer opportunities like this one come to the market, so do not hesitate to contact the sole agent today for further information - you will be glad you did.

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Terms of Supply

By accepting “the information” contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information has been made available. This information has been prepared by Whalan and Partners Limited, trading as Bayleys (“Bayleys”) as agent for “the Vendor”. The information contains information that is publicly available, and/or sourced from third parties (and/or the vendor) and capable of independent verification. It has been prepared solely to assist interested parties in deciding whether to further their interest in the Property and Whalan and Partners Limited is acting as a conduit and merely passing this information over. Prospective purchasers must not confine themselves to the contents of the Information but should, in conjunction with their professional advisors, make their own evaluation of the Property and conduct their own investigation, analysis, and verification of the data contained in the Information and otherwise concerning the Property. Such evaluation should extend to and include whether there has been a change in the affairs or prospects of the Property since the date of the Information or since the date as at which any information contained in the Information is expressed to be applicable. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgment and contrary to the recommendation of the agent. Bayleys and the Vendor have not verified any of the detail contained in the Information and Bayleys and the Vendor make no representation or warranty as to the accuracy or completeness of the information and neither Bayleys nor the Vendor accept and/or shall have any liability whatsoever for the accuracy of any part of the information including any liability for any statements, opinions, information or matters (expressed or implied) arising out of, contained in or derived from the Information, or any omissions from, or failure to correct any information, or any other written or oral communications transmitted to any recipient of the Information in relation to the Property. By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from at any time. Whalan and Partners Ltd, Bayleys. Licensed under the REA Act 2008.

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 twelve years, he has achieved well in excess of $450 million in sales, earning numerous awards along the way, including Number 1 for the Highest Settled Deal numbers in 2021/2022, averaging one settled deal per week, and more recently has achieved Bayley’s Coveted Number One Commercial & Industrial agent for 2022/2023 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.