Rare opportunity to secure industrial land in Christchurch

JLL is proud to bring to market a brand-new industrial subdivision, a master-planned 16.2ha development with proposed future access to the Belfast Road on/off ramp to the Northern Expressway and Main North Road. Comprising 38 sites ranging in size from 998sqm to 12,700sqm, Factory Road Industrial Park at 79 Factory Road, Belfast is a rarely seen, highly sought opportunity in a strategic location. Freehold land within the Christchurch city limits with easy access and versatility to develop the site to suit your needs is in short supply. Astute buyers will act quickly to secure their site, now on the market for sale at Fixed Price.

79 Factory Road, Belfast presents opportunities to a broad mix of potential buyers seeking freehold industrial land to develop for business, leasing, or to grow a portfolio. Versatility of a brand-new industrial site does not come to market often – nearby Belfast Business Park is sold out and there are few options in the Christchurch pipeline. Forecast intensification in the surrounding area highlights the Factory Road Industrial Park’s potential for growth in the future. Strategically located close to Christchurch, 79 Factory Road is a must-see opportunity.

JLL has been exclusively appointed to market sites at 79 Factory Road, Belfast for sale by way of Fixed Price, with settlement expected Q4 2023 once titles are issued.

JLL Head of Christchurch Hamish Stallworthy points to surrounding businesses and access to Christchurch city as key factors that make this location so attractive.

“Only a short drive from the CBD, approximately 10 minutes to the airport, and with potential direct access to Belfast Road on/off ramp to the Northern Expressway and Main North Road, owner-occupiers and investors that secure a site at 79 Factory Road are buying a future-focussed opportunity,” says Stallworthy. “Nearby Belfast Business Park is already sold out, indicative of the desirability of commercial assets in a tight national market.”

Beyond ease-of-access and potential commute times, JLL Industrial Sales and Leasing Broker Tom McAuliffe regards the development of the surrounding area as a highlight of these freehold sites.

“Urban intensification in the surrounding area points to forecast population growth, especially with the new Belfast subdivision of more than 250 sections, a new Countdown supermarket, and a planned school, healthcare centre, and retirement village,” says McAuliffe. “This is an area on the rise, and Factory Road Industrial Park will be positioned perfectly as its business hub.”

Versatility is a drawcard for these brand-new industrial lots, and JLL Senior Director Merv Davies indicates the turnkey solution

“With a price range between $240 and $350 per square metre, these 38 lots suit a range of buyers looking for a blank canvas to develop,” says Davies. “Starting at $349,300 plus GST, the ability to develop one of these brand-new sites is an excellent opportunity that astute investors will not miss. Local construction firm Cohesive Group can assist with planning the site to best cater to your needs, whether as an owner-occupier or investor appealing to a range of tenants.”

Interested parties should contact the sole agents for more information.