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The Opportunity

Australasia’s largest mattress and foam manufacturer, The Comfort Group, are in growth mode and with opportunities on the horizon their capital is best working in their business, opening the opportunity for astute investors to secure a true A-Grade industrial facility, with a new long-term lease, and in one of the most highly-sought locations in Christchurch.

Features

New 10 year lease
Fixed rental growth plus market reviews
Australasia’s largest mattress and foam manufacturer as tenant
Additional security via bank guarantee
Highly-sought location – Hornby Quadrant Business Park
Modern construction by Calder Stewart
Large land holding with 3 street frontages
Moments from the Southern Motorway

The property is offered For Sale by Deadline Private Treaty, closing 4pm Wednesday 5 November 2025 (unless sold prior).

Contact Sam Staite and Greg Goldfinch for more information.

*Boundary lines are indicative only.

Highlights

Fixed rental growth plus market reviews

Completed in 2013, the Calder Stewart constructed asset features a new 10 year lease, with fixed rental growth of 2.50% per annum (exc. market review dates) and market reviews every 5 years which ensures security and growth for the new owners. The two year notice period for renewals will also have great appeal.

Generic in its design, but quality in its finishes, the conventional industrial facility has been designed to suit the wide-range of business needs of the occupier including manufacturing, storage and distribution.

Large land holding with 3 street frontages

The well-specified offices and amenities span two levels with a northerly aspect towards the southern alps and provide plenty of staff facilities including a large cafeteria. The high-power supplied and sprinklered drive-around warehouse, which rises to approximately 11.0m at the apex, is served by multiple roller door accesses including 5 sunken dock roller access points on the eastern frontage. Over 150 onsite car parks could double as large yard areas for further container laydown and truck-parking.

The quality premises is positioned with three street frontages in the highly-sought development of Hornby Quadrant. With quality neighbors such as Fletcher Comfortech, Laminex, EasySteel, AB Equipment and NZ Trucks surrounding this property, 4 Sir James Wattie Drive could not be better located.

A true bottom-drawer A-grade investment, be quick and enquire today.