Castle Rock Business Park
Large 7.95ha modern industrial park with 15 tenants
Castle Rock Business Park forms part of the Centuria NZ Industrial Fund. Strategically located in the popular eastern industrial suburb of Hillsborough, both near the Lyttelton Port and only 10 minutes from the Christchurch CBD, Castle Rock is an established corporate park for industrial tenants.
Built in stages from the early 2000s, its impressive appearance has attracted 15 well known tenants across the 13 buildings providing diversification of income. Key tenants include Johnson Controls, Wormald, Xtend-Life, Macpac and Kiwi Labels. Value add opportunities also exist as the low 41% site coverage allows for further development and the single title is currently being subdivided into five lots to provide greater long term flexibility.
The above stats are as at 31 October 2021