Saint Martins Real Estate

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374 Ferry Road

Canterbury Area
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0
N/A
1480sqm
3340sqm
374 Ferry Road Canterbury Area
Auction
Thursday 25th June - 12:00PM
proudly marketed by
NAI Harcourts Grenadier Commercial
40,000 Opportunities to Corner the Market
This huge profile corner block is now available for purchase and is primed for redevelopment. A substantial land holding on this busy corner junction enjoys a favoured north west aspect and passing traffic topping 40,000 per day. A total land area of 3337m2 is contained within 2 titles with frontage to Ensors Road of approx. 95m and approx. 33m along Ferry Road. The successful purchaser of this site will enjoy a strategic position with expansive development opportunities. Buildings on the site accommodate around 1480m2. Though aged and in need of strengthening (rated <33%NBS) they have come through the seismic events almost unscathed - testament perhaps to how things used to be built. Opportunities to repurpose, strengthen and refurbish these structures may offer enticing opportunities for interim or long terms income generation. It is not hard to see the development potential of this site which occupies the prime position on this significant commuter traffic junction. Ferry Road is the main arterial between the CBD and the eastern suburbs of Sumner, Redcliffs and Mt Pleasant and carries over 21,000 cars per day. Meanwhile the arterial along Ensors Rd and Aldwins Road is also a main traffic route connecting eastern and southern motorway networks and carries over 20,000 cars each day. Combined this generates exposure to a massive 40,000 vehicles every day. - Land area = 3337m2 (2 x Titles) - Zoned 'Industrial General' - Over 40,000 passing cars per day - Maximum exposure - NW facing - Existing buildings of approx. 1480m2 could be retained Our owners are serious sellers. To register your interest or to arrange a site visit, please contact Craig Edwards or Paul Middleditch. For further information, you can download the property files by pasting this link into your browser and supplying your contact details. Property Files will then send you an email with the files to download. https://www.propertyfiles.co.nz/property/CIC53725
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Upload by Ravi Kiran
Canterbury