Commercial for Sale

Ferrymead 

By Negotiation + GST (if any)Play Video
  • Building: 1,125m²
  • Land: 3,143m² (0.78 acres)

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Commercial for Sale in Ferrymead

Brand New Retail Investment - Excellent Return

  • Building: 1,125m²
  • Land: 3,143m² (0.78 acres)

Well located, high profile investment property with huge exposure to busy Ferry Road, being the main arterial route to the affluent hill and seaside suburbs.
This brand new 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 89% of the building area is already leased long term (6 - 10 years) and the developer will consider guaranteeing the rental over the last remaining vacant space for 1 year.
Total estimated net rental when fully leased is $458,600pa providing a very healthy return of approx. 7%
(*approx.)

For further information please contact Andrew Wilson on 027 778 8873

Price For Sale: Offers over By Negotiation + GST (if any)

Property ID:

CCM23898

Building:

1,125m²

Land:

3,143m² / 0.78 acres

Zone:

B4

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