Commercial for Sale

Ferrymead 

Offers over $6,330,000 + GST (if any)Play Video
  • Building: 125m²
  • Land: 3,143m² (0.78 acres)

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Commercial for Sale in Ferrymead

Brand New Retail Opportunity - Last Unit Available

  • Building: 125m²
  • Land: 3,143m² (0.78 acres)

Well located, high profile investment property with huge exposure to busy Ferry Road, being the main aarterial route to the affluent hill and seaside suburbs.
This brand new retail space at 1,125m2* retail complex is comprised of 7 separate shops and 48 onsite car parks which is all underpinned by being on a large 3,143m2* site, zoned IG.
Over half of the area is already leased long term (8-10) years and the developer will consider guaranteeing the rental over the remaining vacant space for 1 year. Total estimated net rental when fully leased is $443,670pa providing a very healthy return of 7% on the asking price.
(*approx.)

For further information please contact Andrew Wilson on 027 778 8873

Price For Sale: Offers over $6,330,000 + GST (if any)

Property ID:

CCM23563

Building:

125m²

Land:

3,143m² / 0.78 acres

Zone:

B4

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