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Dave Calder Harcourts Christchurch City Commercial
NAI Harcourts are pleased to be appointed as sole marketing agents of 179 Ferry Road for sale by Auction. This tenanted industrial investment property located on the eastern fringe of Christchurch's CBD offers excellent profile to over 8000 passing vehicles per day on main thoroughfare Ferry Road. Surrounded by national brand businesses including Dulux and ITM, you can take confidence in the location as an investment fundamental.
Strengthened to 70% NBS and having undergone recent refurbishment for tenant Reterniti, the freehold title property presents well and consists of generous reception/showroom to the front, functional workroom spaces with offices, and workshop with outdoor courtyard to the rear.
Property highlights:
- 250 sqm (approx) tenanted commercial building on 377 sqm Freehold Title
- Leased to Reterniti (Cremation Stone manufacturer) with net rental income of $35,400 per annum plus Opex & GST and built in annual rental growth
- Excellent street profile and proximity to major city arterials
- Surrounded by strong national brand businesses
- Strengthened to 70% Structural NBS
- Industrial General Zone
Make no mistake, our Vendor is motivated to see this property sold come Auction day.
Don't delay, call sole agent Dave Calder on 029 200 8073 today for further information and to arrange your viewing.
Viewing is strictly by appointment only.
The property is for sale on a 'plus GST (if any)' basis.
Auction 9 March 2023 (unless sold prior) at Harcourts Grenadier, 98 Moorhouse Avenue.
To download the property files go to:
https://propertyfiles.co.nz/property/CIC58489
Property ID: #CIC58489
Office
Licensed under REAA 2008
m2
Sold Property
NAI Harcourts are pleased to be appointed as sole marketing agents of 179 Ferry Road for sale by Auction. This tenanted industrial investment property located on the eastern fringe of Christchurch's CBD offers excellent profile to over 8000 passing vehicles per day on main thoroughfare Ferry Road. Surrounded by national brand businesses including Dulux and ITM, you can take confidence in the location as an investment fundamental.
Strengthened to 70% NBS and having undergone recent refurbishment for tenant Reterniti, the freehold title property presents well and consists of generous reception/showroom to the front, functional workroom spaces with offices, and workshop with outdoor courtyard to the rear.
Property highlights:
- 250 sqm (approx) tenanted commercial building on 377 sqm Freehold Title
- Leased to Reterniti (Cremation Stone manufacturer) with net rental income of $35,400 per annum plus Opex & GST and built in annual rental growth
- Excellent street profile and proximity to major city arterials
- Surrounded by strong national brand businesses
- Strengthened to 70% Structural NBS
- Industrial General Zone
Make no mistake, our Vendor is motivated to see this property sold come Auction day.
Don't delay, call sole agent Dave Calder on 029 200 8073 today for further information and to arrange your viewing.
Viewing is strictly by appointment only.
The property is for sale on a 'plus GST (if any)' basis.
Auction 9 March 2023 (unless sold prior) at Harcourts Grenadier, 98 Moorhouse Avenue.
To download the property files go to:
https://propertyfiles.co.nz/property/CIC58489
Property ID: #CIC58489
Dave Calder Harcourts Christchurch City Commercial
Office Harcourts Christchurch City Commercial Licensed under REAA 2008
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