Kihini
CBRE is pleased to market Unit 6, 987 Ferry Road in Ferrymead for sale.
Unit 6 offers a fully leased investment opportunity with two tenants, generating a rental income of $102,000 per annum (+GST). The unit spans approximately 292sqm* and includes seven on-site car parks. Located on a prominent site with extensive frontage on Ferry Road, this property enjoys high visibility and significant foot traffic.
Ferrymead is a vibrant suburb southeast of Christchurch, known for its blend of residential, commercial, and recreational spaces. It serves as a main thoroughfare to the eastern sea suburbs such as Sumner, and provides excellent connectivity to the CBD. Post the 2011 Canterbury earthquake, Ferrymead has seen a surge in business relocations, transforming it into a secondary business hub. This growth has spurred the development of shops, cafes, and other amenities, making it an attractive location for both businesses and customers.
Investment Highlights:
· Prime location: High-profile site on Ferry Road, ensuring excellent visibility and foot traffic.
· Net Rental Income: $102,000 per annum plus GST.
· Two tenants to spread risk.
· Building size: Approximately 292 sqm.
· Car parks: Seven on-site car parks.
· Zoning: Commercial Core Zone (CC), allowing for a wide range of potential uses.
· Modern Construction: Built in 2018, offering low maintenance and modern amenities.
All inspections and enquiries must be directed to the exclusive selling agents, and inspections are by appointment only.