Christchurch
PMG Generation Fund

The property borders Wigram, nine kilometres southwest of Christchurch, and sits within the industrial area of Sockburn.

The property was initially constructed in the 1970s, with further development taking place between 2002 and 2006. It consists of three warehouses, office amenities, car parks and a substantial sealed yard.

The property is leased to Euro Corporation Limited, one of New Zealand’s largest steel fabrication and distribution companies.

  • Industrial-grade asset: Purpose-built for logistics and manufacturing operations
  • Strong occupancy: Fully leased to Euro Corporation, providing stability
  • High-yielding investment: Competitive rental yield with a strong tenant covenant

Asset details

Asset Type
Industrial
Value
$9,925,000
Anchor Tenant
Euro Corporation
Occupancy
100%
WALT
0.3 years
Tenants
1