Profile fully tenanted investment
Unit 5/1063, Ferry Road, Ferrymead, Christchurch City
- Proposed Usage
- Floor Area
- 509.40 m²
- Property ID
Asking $1,360,000 + GST representing an 8.5% yield
- Annual income of $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.