56 Railway Terrace West, Rakaia, Ashburton
Deadline Sale 10 June 2026
3,036m2
467m2
+9
+8
Commercial Investment Opportunity – Rakaia
Secure a dependable long-term investment in the heart of Canterbury’s thriving rural sector with this well-presented commercial property in Rakaia. Leased to PGG Wrightson, one of New Zealand’s most recognised rural service companies, this property offers the confidence of a long-term tenancy secured through to 2041. The lease was renewed in January 2026 and currently returns $67,973 per annum plus GST and outgoings, with structured three-yearly rent reviews providing future growth potential. Positioned centrally within the progressive township of Rakaia, a key rural service hub in Mid Canterbury, the property occupies a substantial 3,035m² Commercial A zoned site under the Ashburton District Plan. The fully fenced, secure and metalled site provides excellent accessibility, generous on-site storage, efficient vehicle circulation and ample parking. Improvements include a well-maintained 424.95m² main building incorporating warehouse, showroom, office and staff amenity areas, with prominent customer access from Railway Terrace West. A separate 42.35m² garage provides additional storage functionality. This is an outstanding opportunity for investors seeking a passive commercial holding backed by a strong national tenant, whether as an addition to an existing portfolio or as a straightforward entry into commercial property investment. Properties offering long-term lease security in prosperous rural communities continue to attract strong interest, and we encourage early enquiry on this quality investment opportunity.
56 Railway Terrace West, Rakaia, Ashburton
Web ID
AC228607
Floor area
467m2
Land area
3,036m2
District rates
$6,490.75pa
Regional rates
$542.38pa
LV
$465,000
RV
$985,000
Deadline Sale (unless sold prior)
Wednesday, 10 June 2026, 3.00pm
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This property is situated on the busy State Highway 1 and features a retail/showroom/offices space with a large storage/warehouse space plus a further separate storage shed at the rear. In total there is over 465m2 with good access and parking to the site. Options to lease front or rear buildings separately. Available from 1st April 2025.
Price on Application
A modern, quality industrial investment predominantly tilt panel construction combining functionality and good returns. Secure your next investment with this well-presented 283m² warehouse situated on an approx. 1,190m² section. The property features a chiller space of 112m² with an air curtain and dockseal, a warehouse area of 170m² with loading dock, and also a large practical fully fenced yard area with drive in and out access providing good parking or potential for further development. The location offers easy access to state highway one. Currently tenanted by a national operator, this property offers a annual rental of $94,600 + GST and outgoings, providing a income stream from day one. Inquire today - opportunities like this are hard to find!
Buyers $1,050,000+
Position your business for success in the heart of Tinwald. Located on the high-profile State Highway One, this versatile commercial property offers exceptional exposure to constant passing traffic—ensuring your brand gets noticed. Inside, you’ll find a flexible layout featuring retail and showroom space at the front, complemented by functional office areas. To the rear, a generous warehouse or storage space with roller door, provides the practicality many businesses need to operate efficiently. With easy access, ample on-site parking, and a range of potential uses, this property presents an outstanding opportunity for retailers, trade businesses, or service providers looking to establish or expand. Get in touch today to explore how this space could work for you.
$28,000 pa + GST + OPEX
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