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Hornby

411 Main South Road, Hornby, Christchurch

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12,661sqm Land area SQM
7,125sqm Floor area
327 Offstreet

The South Island's only dedicated outlet centre


• 7,125sqm* of prime outlet retail GLA with 97.1%* occupancy
• Anchored by international brands including Calvin Klein, Adidas, Under Armour, and Puma
• $56.3 million* (plus GST) in annual turnover (as at April 2025)
• Substantial CAPEX programme well-advanced

Dress Smart Hornby represents the only dedicated outlet shopping destination in the South Island - a scale retail investment underpinned by national and international brands. Positioned in the heart of Christchurch's growing western retail corridor, the centre benefits from a strong regional draw, excellent accessibility, and a robust trade area growing in size, affluence, and density.

With CPI-indexed, fixed and market rent mechanisms, strong occupancy, and a regional monopoly position in its asset class, Dress Smart Hornby offers a compelling investment proposition. A targeted capital works programme, including a comprehensive seismic strengthening scheme which is well advanced and will further elevate the centre's profile, with completion currently scheduled for Q3/Q4 2025.

*All figures are approximate only.

For Sale by Deadline Private Treaty
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

14
Aug

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Ryan Johnson

Ryan Johnson

National Director - Commercial and Capital Markets

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
William Wallace

William Wallace

General Manager

Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Jesse Paenga

Jesse Paenga

Investment, Retail and Office Sales and Leasing

Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Floor area details


7,125sqm* of prime outlet retail GLA with 97.1%* occupancy

Anchor tenants


Anchored by international brands including Calvin Klein, Adidas, Under Armour, and Puma

Passing income


$56.3 million* (plus GST) in annual turnover (as at April 2025)

Growth


Substantial CAPEX programme well-advanced

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