Big box property owner Investore may build a new Countdown in Kaiapoi
Residents of Kaiapoi may have a new Countdown supermarket in the future with box retail landlord Investore Property agreeing in principle to build a supermarket there for Countdown owner Woolworths NZ.
The company announced it had an agreement to buy a 3.5-hectare parcel of development land at Waimak Junction for $10.5 million, conditional on receipt of resource consents and entering into a final documented agreement to lease with Woolworths NZ. The site is next to an existing McKeown’s service station.
The remaining 1.6ha would be held for future development. The total cost of the land and stage one development of the supermarket was expected to be $31m.
Poll: Do you set New Year’s resolutions?
🎉 2026 is almost here!
We’re curious ... how do you welcome it?
Do you set resolutions, follow special traditions, or just go with the flow?
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10.4% Yes! New Year, New Me
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20.1% Yes - but I rarely stick to them
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69.5% Nah - not for me
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Poll: Are you starting to feel a lift in business confidence across the Canterbury region?
The Press reports that Canterbury is right in the middle of a construction boom, with activity forecast to peak around 2027 and major investment flowing into transport, water and energy infrastructure.
We want to know: Are you starting to feel a lift in business confidence across the Canterbury region?
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43.1% Yes
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56.9% No
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