Auction announced with disclosed reserve
Unit 5/1063, Ferry Road, Ferrymead, Christchurch City
- Proposed Usage
- Floor Area
- 509.40 m²
- Auction Date
- 11:00 - Oct 13, 2017
- Property ID
- Owner seeking 9.5% yield
- Annual income of approximately $115,703 plus GST
- Great high visibility location
- Includes excellent car parking with 22 spaces
This is a great investment opportunity and a chance to be part of the Ferrymead growth and redevelopment story. Unit 5 is one of six in a prominent position on the corner of Ferry Road and Humphries Drive, Ferrymead.
The property is fully tenanted with all new leases. The cornerstone tenant is a Government Department. This multi-tenanted property also capitalizes on a high profile location by leasing space to a nationwide bill board operator along with the three other tenants.
This investment should be extremely attractive to astute investors with an eye to the future.
For further information please visit Property Files: http://www.propertyfiles.co.nz/property/553859 (copy/paste the link).