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Move-in soon at IPort new-build

With Carter Group’s IPort industrial business park in Rolleston having close to zero vacancy and land in the existing stages all sold down, an imminent building with profile and scale in the precinct should engage owner-occupiers, tenants and investors.

Offered for sale or lease is 1,763sqm of architecturally-designed warehousing with a 278sqm canopy and office space on a north-facing 3,500sqm Business 2A-zoned site.

Zeal Construction Limited, one of New Zealand’s leading construction firms has almost completed the build at 22-24 Factory Drive, Rolleston having been instrumental in multiple new-build projects within the IPort business hub and across the Canterbury region.

The contemporary clearspan warehouse has two container height roller doors access points, extremely high levels of natural light, a wide and generous canopy allowing for all weather devanning, along with bright and highly specified office space including meeting rooms and quality staff amenities.

The fully secure yard space has ample car parking, and two street access points allow for easy truck movement.

Purchase or leasing enquiries are being handled by sole agents Nick O’Styke and Graeme Donaldson of Bayleys Christchurch.

Saying no expense has been spared in the design and build of this property, O’Styke points to the fact that a prospective owner-occupier wanting to get a foothold in the broader IPort precinct could effectively save around 18 months of planning and implementation time by choosing this opportunity.

“Reality is there’s nothing to match this building for sale – or lease – in the wider IPort hub right now so for an owner-occupier hanging out for the next stage release of land, then faced with the drawn-out and expensive planning and build process, this is a no-brainer.

“All the hard work has been done and by the end of September, a business could be operating from this property and reaping the benefits.

“Logically, and even if a similar site was available today, to replicate this offering for the same price given current construction and lending costs would be impossible.”

Occupiers are also encouraged to come forward and enquire about leasing the property, and O’Styke says investors looking for a long-term hold will be encouraged by the fact that there’s next to no vacancy in the IPort precinct and demand remains strong from industrial tenants wanting to leverage the locational advantages.

“The location suits a wide range of industrial users from logistics, warehousing, bulk storage, manufacturing, and engineering – and is especially suitable for those occupiers whose business model involves significant traffic movement.

“Factory Drive has good access to major transit links including the Southern Motorway link between Christchurch and Rolleston, two inland ports, Christchurch International Airport and is adjacent to the sold-out Izone Business Park.

“It is also only minutes away from Rolleston township, the largest town in the Selwyn district, which is estimated to grow by 181 per cent in the next 30 years making it one of the fastest growing New Zealand towns of the future.”

Click here for more information on the listing.

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