Colliers presents Units C, E, F & G, 1004 Ferry Road, to the market for sale.
These four units have not been to market since built, and presents a fantastic opportunity to acquire one or multiple units in a larger commercial block on Ferry Road (exposure to approximately 11,257* vehicle movements per day). The combined commercial block features a large, two level building divided into six separate stratum in freehold units (four of which are available to purchase), with convenient onsite car parking situated at the rear.
Two tenants are in occupation, with two being vacant offering potential for leases or owner occupancy. Most are on short term or periodic leases, offering potential for conversion to longer term leases or owner occupancy. Situated on a main arterial route to affluent hill suburbs, this location is ideal for a variety of businesses, including retail, office, and industrial.
Additionally, the property offers the ability to increase cash flow due to the current modest market rents, presenting a lucrative opportunity for investors.
Strengthening works have been completed with building consent and code compliance certificate issued. Car parking is situated at the rear of the building with the added benefit of excellent on-street car parking maximising convenience for tenants and their customers alike.
*source: ccc.govt.nz/transport/improving-our-transport-and-roads/traffic-count-data/intersection-traffic-counts-database
For sale by Deadline Private Treaty closing 4pm, Thursday 26 September 2024 (unless sold prior).
‘Buy one or buy all’. Contact the sole agents for more information today.
Boundary lines are indicative only.
Features:
* Estate realisation
* Approximately 653 sq m over four units
* Invest or occupy
* High profile units
* Mix uses - retail/warehouse and office
* Buy one or all four units
* Potential rental upside
* Car parking at rear
* Situated on main arterial route
* Generous frontage onto Ferry Road
