1/20 Parkhouse Road, Wigram, Christchurch Wigram Industrial Investment Starter

Available PropertyFiles:

  • 00. Auction Pack.pdf
  • 01. Title.pdf
  • 02. LIM Report.PDF
  • 03. Council Property Files.zip
  • 04. Deed of Lease.pdf
  • 05. Deed of Lease Renewal.pdf
  • 06. Structural ISA Report.pdf

Property Description

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 Sep 2029, returning $37,984 + Opex & GST per annum

Our retired Vendor has issued clear instructions to sell the property. 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.

Note: Floor Areas are estimated only and have not been independently verified. Purchasers are advised to seek their own professional advice.

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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 is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. 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 judgement and contrary to the recommendation of the agent.
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Contact Dave Calder

NAI Harcourts Grenadier

Grenadier Real Estate Ltd. Licensed REAA 2008

029 200 8073   029 200 8073   dave.calder@naiharcourts.co.nz   All Listings

As an Industrial Sales and Leasing consultant, Dave focuses on the industrial property sector across Christchurch. He assists clients with services including leasing, sales, design-build projects, and sale & leaseback deals.

Dave works across a variety of property sizes from small industrial unit leases to large warehouse sales. He places high importance on building and maintaining strong working relationships with developers, landlords, and tenants.

With over 15 years prior experience as a construction and project manager in the commercial construction industry, Dave’s knowledge and understanding of commercial buildings adds real value for his clients in the process, be they landlords or tenants.

Dave has a reputation with his clients for providing thorough service and value added, high quality outcomes by anticipating challenges, and finding solutions and opportunities in a pragmatic and effective way.