New Developments To Fill Gap In Papanui Property Market
Two new developments are under construction in Papanui to help meet the growing demand for industrial and commercial
space, caused by a north-Canterbury population boom.
The developments in Sawyers Arms Road and Horner Street are the first new industrial developments in the area for
several years. The Sawyers Arms Road development consists of five north-facing warehouse/showroom units while the
five-unit Horner Street development offers a mix of warehouse or office and apartment space.
Simes Commercial Agent Craig Edwards says for the last few years there has been a shortage of industrial space in
Papanui.
"With the increasing development in the northern area of Christchurch, including North Canterbury, businesses have been
crying out for quality industrial space near the main northern arterial route and close to the city, in order to service
the area's growing population base. These developments offer that."
Craig Edwards says the traditional industrial areas of Sockburn, Sydenham and Hornby are too far away for the number of
businesses now focusing on the northern areas.
Strong interest is expected in both developments, which are now available for lease and will be completed in the next
few months.
"These developments, while both being of extremely high quality, offer different products. They will definitely fill the
hole that currently exists in the market," says Craig Edwards.