Sold Property

245-251 Ferry Road, Waltham, Canterbury

  • 650
  • 292 m2

$1,475,000

Harry Lim Harcourts Christchurch City Commercial

Rare Entry Level Commercial Investment Awaits You

Don't miss out on this rare entry level freehold commercial opportunity!

Constructed post-quake, 241 - 251 Ferry Road consists of a L-shaped six-shop retail complex with on-site asphalt sealed car parking for 10 in the rear. It is strategically located at the Ferry Road intersection with Mathesons Road.

Given its corner site, the building enjoys high exposure and profile, and has the added advantage of fronting onto busy Ferry Road (one of the main arterial roads of Christchurch) and being just outside the Four Avenues.

Legal Description: Pt Lot 21 DP 407 + Pt Lot 22 DP 407

Floor Area 292 sqm (net lettable area - measured)
Land Area 650 sqm (not verified)

Certificate of Title CB25F/578 + CB25F/579

(Above information partly sourced from Property Smarts)

Designed as a six-shop complex, it currently contains four retail tenancies - with two tenancies taking up double shop spaces. One of the double shop tenancies has recently terminated its lease (to consolidate their portfolio of leased premises), thus offering owner/operators an opportunity to take up one or both of the shops.

Astute investors and owner/operators! A golden investment which ticks all the right boxes awaits you:
- Location, location, location
- Multi-tenanted to spread your risk
- Excellent income stream with upside
- Post-quake construction for peace of mind

Contact Harry Lim immediately for further information and to register your interest. Property ID: #CIC44872

Show More

Sold Date

  • 08 December, 2016

Property features

  • Property Type: Retail
  • Tenure: Fee Simple

Office

Harcourts Christchurch City Commercial

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 650
  • 292 m2

Sold Property

245-251 Ferry Road, Waltham, Canterbury

$1,475,000

Rare Entry Level Commercial Investment Awaits You

Don't miss out on this rare entry level freehold commercial opportunity!

Constructed post-quake, 241 - 251 Ferry Road consists of a L-shaped six-shop retail complex with on-site asphalt sealed car parking for 10 in the rear. It is strategically located at the Ferry Road intersection with Mathesons Road.

Given its corner site, the building enjoys high exposure and profile, and has the added advantage of fronting onto busy Ferry Road (one of the main arterial roads of Christchurch) and being just outside the Four Avenues.

Legal Description: Pt Lot 21 DP 407 + Pt Lot 22 DP 407

Floor Area 292 sqm (net lettable area - measured)
Land Area 650 sqm (not verified)

Certificate of Title CB25F/578 + CB25F/579

(Above information partly sourced from Property Smarts)

Designed as a six-shop complex, it currently contains four retail tenancies - with two tenancies taking up double shop spaces. One of the double shop tenancies has recently terminated its lease (to consolidate their portfolio of leased premises), thus offering owner/operators an opportunity to take up one or both of the shops.

Astute investors and owner/operators! A golden investment which ticks all the right boxes awaits you:
- Location, location, location
- Multi-tenanted to spread your risk
- Excellent income stream with upside
- Post-quake construction for peace of mind

Contact Harry Lim immediately for further information and to register your interest. Property ID: #CIC44872

Property Features

  • Property Type: Retail
  • Tenure: Fee Simple

Sold Date

  • 08 December, 2016

Harry Lim Harcourts Christchurch City Commercial

Request Live Stream Inspection
Harcourts Christchurch City Commercial

Office Harcourts Christchurch City Commercial Licensed under REAA 2008

Map Location

Get Directions

Need to sell before investing?

Need to sell before investing?

Whether an owner-occupier or an investor we can help you determine the worth of your current asset. Why not find out with a Property Appraisal, highlighting recent sales and leases, property returns, market insights and more?