Christchurch
Pacific Property Fund Limited

The single-level industrial property is located in Hornby – a well-established industrial zone in Christchurch. Built in 1995, the property benefits from excellent transport connectivity and includes a clear-span warehouse space that underwent an extension in 2003 to the large, enclosed canopy.

  • Strategic industrial position: Close to key arterial routes, ideal for logistics and distribution
  • Secure tenancy: Fully leased to Booth’s Transport
  • Strong investment profile: A passing cap rate of 6.5%, with a 6.25 year WALT
 PMG 40 Braeburn Drive, Hornby, Christchurch Top View
 PMG 40 Braeburn Drive, Hornby, Christchurch
 PMG 40 Braeburn Drive, Hornby, Christchurch Parking View
 PMG 40 Braeburn Drive, Hornby, Christchurch Side View
 PMG 40 Braeburn Drive, Hornby, Christchurch Front View

Asset details

Asset Type
Industrial
Value
$8,650,000
Anchor Tenant
Booth's Transport
Occupancy
100.00%
WALT
5
Tenants
1