The Opportunity

The opportunity at 245 Wooldridge Road and 558 Wairakei Road presents investors with the chance to acquire a strategic technology and industrial campus in one of Christchurch’s most established commercial precincts.

Features

Close to Christchurch International Airport
Significant land holding 5.42ha total over both sites
Internationally established tenant - Tait Communications Limited
245 Wooldridge Road post-earthquake build
Excellent onsite car parking
Net rental $4,861,868 per annum
Triple net lease for 558 Wairakei Road
Fixed rental increase of 4.75% 1 Sep 2026

The property is offered For Sale by Deadline Private Treaty closing Thursday 7th May 2026 4:00pm (Unless sold prior)

Contact Mark Macauley on +64 21 650 460, Hamish Doig on +64 21 320 149 and Richard Kirke on +64 21 299 3120 for more information.

Highlights

Internationally established tenant - Tait Communications Limited

The properties form the core of the Christchurch headquarters and operational base for Tait Communications, an internationally renowned electronics business that has been trusted in business for almost 60 years.

Headquartered in Christchurch, Tait Communications designs and manufactures mission-critical communications technology used by emergency services, utilities, transport networks and industrial organisations worldwide. The company has built a strong global reputation for reliability and innovation, exporting the majority of its products from New Zealand to markets across Europe, the Americas and the Asia- Pacific region.

Comprising two freehold titles with a combined land area of 8,640sq m, the site offers excellent on-site car parking and outstanding accessibility. With over 180 metres of road frontage, the site provides exceptional visibility and brand exposure for tenants.

Close to Christchurch International Airport

Strategically located in the established Harewood and Burnside industrial precinct near Christchurch Airport, the campus benefits from excellent connectivity to key transport routes and the wider Canterbury region. The properties accommodate a combination of corporate office, research and development, and manufacturing facilities that support Tait’s global operations.

For investors, the offering represents a rare opportunity to secure a substantial asset underpinned by a globally recognised technology occupier. Opportunities of this scale, with a strong tenant covenant and a long-established international business at its core, are seldom presented to the Christchurch market.

The Agents

Location

Sales Process

For sale by Deadline Private Treaty: 4pm, Thursday 7 May 2026 (unless sold prior).

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