52 High Street, Parkside, Timaru

Investment with future development upside

Viewing is strictly by appointment only.  Entry onto site without prior arrangement is prohibited. 

52 High Street presents a rare and strategic opportunity for astute investors and developers to secure a substantial industrial holding on a high-profile location.

Comprising multiple titles across a landholding of approximately 6,550sqm (more or less), this property features existing buildings of varying sizes. The property is currently leased, delivering immediate holding income, making it an attractive proposition for investors seeking both near-term returns and long-term upside.

Ideally situated within a well-established industrial precinct and directly opposite Timaru Hospital, the site enjoys exceptional exposure and accessibility. Dual street frontages to both High Street and Queen Street—with convenient driveway access from both—enhance usability and circulation across the site.

Zoned Industrial L, the property supports a broad range of future commercial and industrial activities. Notably, its elevated position also offers easterly ocean views, adding a unique dimension of long-term value, particularly for redevelopment potential.

Whether you're looking to add a performing asset to your portfolio or unlock value through redevelopment, this property could tick all the boxes.

With strong leasing potential, strategic positioning, and future development prospects, 52 High Street is an exceptional opportunity in one of Timaru's most sought-after industrial locations.

With strong leasing potential, strategic positioning, and future development prospects, 52 High Street is an exceptional opportunity in one of Timaru's most sought-after industrial locations.

52 High Street, Parkside Timaru is being offered for sale "As is where is", by way of Tender (will not be sold prior), closing 3pm Thursday 31 July 2025.

Offers can be received by:
Courier or delivered to General Manager Commercial, Bayleys Canterbury, 3 Deans Avenue, Christchurch or via email to: commercialsupport@bayleyscanterbury.co.nz