CBRE is pleased to offer for sale 281 Ferry Road, Phillipstown, a prominent corner site positioned at the intersection of Ferry Road and Olliviers Road.
Occupied by the current owner for many years who is now retiring, the property presents a rare opportunity to acquire a well-established commercial holding with vacant possession and future flexibility under its Medium Density Residential Zone (MRZ) zoning.
The property comprises 976sqm* of freehold land and is improved by a 103sqm* workshop/garage and office building, alongside a substantial sealed yard area. Historically utilised as a vehicle sales yard, the site offers excellent functionality for vehicle display, storage, parking and a variety of commercial or trade-related uses.
Located approximately 3km east of Christchurch's CBD, the property benefits from strong exposure to passing traffic along Ferry Road and convenient access to Moorhouse Avenue and the wider arterial road network.
Investment Highlights:
- 976sqm freehold site (more or less)
- 103sqm workshop/garage and office improvements (approx.)
- High-profile corner position
- Dual access via Ferry Road and Olliviers Road
- Medium Density Residential Zone (MRZ)
- Opportunity to develop all or part of the site with residential townhouse units
- Substantial sealed yard area
- Vacant possession
- Approximately 3km from Christchurch CBD
Whether you are seeking premises for your own business, a strategic landholding or a site with future redevelopment potential, 281 Ferry Road presents a compelling city-fringe opportunity.
For sale by Deadline Private Treaty closing Wednesday, October 28th at 4pm (unless sold prior).
Contact the sole agent Paul Brown for more information.
*Approx.
