High profile investment with upside
• Fully tenanted investment
• Three buildings on one freehold title with seven established tenancies
• Diverse income stream returning $369,977.04 net p.a. + GST and OPEX
• High-profile position in Ferrymead's sought-after commercial precinct
Bayleys is pleased to offer this well-balanced investment property, strategically located in Ferrymead - one of Christchurch's key suburban commercial hubs. The site comprises three standalone buildings and a total of seven tenancies, including Bottle-O, Noi Ferrymead, Okains Bay Seafood, and a range of boutique and lifestyle operators. The asset delivers reliable income with solid tenant retention and broad market appeal.
Adding to its appeal, the property benefits from a recently approved resource consent that enables land use exceeding the underlying Industrial General zoning. This provides the flexibility for mixed-use activity, unlocking future development potential and enhancing the long-term value of the site.
With highly motivated Vendors, contact the Bayleys team today for the information pack or refer to www.propertyfiles.co.nz/5527445
• Three buildings on one freehold title with seven established tenancies
• Diverse income stream returning $369,977.04 net p.a. + GST and OPEX
• High-profile position in Ferrymead's sought-after commercial precinct
Bayleys is pleased to offer this well-balanced investment property, strategically located in Ferrymead - one of Christchurch's key suburban commercial hubs. The site comprises three standalone buildings and a total of seven tenancies, including Bottle-O, Noi Ferrymead, Okains Bay Seafood, and a range of boutique and lifestyle operators. The asset delivers reliable income with solid tenant retention and broad market appeal.
Adding to its appeal, the property benefits from a recently approved resource consent that enables land use exceeding the underlying Industrial General zoning. This provides the flexibility for mixed-use activity, unlocking future development potential and enhancing the long-term value of the site.
With highly motivated Vendors, contact the Bayleys team today for the information pack or refer to www.propertyfiles.co.nz/5527445
Key features
Floor area details
2,332sqm (approximately)
Land area breakdown
4,298sqm (more or less)
Location
Ferrymead's commercial precinct
