• 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
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Contact us and have your questions answered.