2 Waterman Place, Ferrymead

Available PropertyFiles:

  • /BWOF/
    • BWOF 2022.pdf
  • /Insurance/
    • 2022-2023 MD Invoice Ferrymead.pdf
  • /LIM/
    • 2 Waterman Pl.pdf
  • /Lease Docs - APN Billboard/
    • 1-Outdoor Advertising Licence.pdf
    • 2-Deed of assignment 2015.pdf
  • /Lease Docs - BNZ/
    • 1-Deed of Lease - 20 March 2014.pdf
    • 12.04.2022 BNZ Ferrymead - Deed of Variation of Lease.pdf
    • 2-Deed of Variation.pdf
  • /Lease Docs - Cara Nostra/
    • 1-Deed of Lease 16 March 2009.pdf
    • 2-Deed of Assignment of Lease - 8 Dec 2011.pdf
    • Deed of Assignment & Variation of Lease dated - Nov 14.pdf
  • /Lease Docs - Espresso Carwash/
    • 1-Deed of Lease.pdf
    • Deed of Assignment Sept 2019.pdf
    • Deed of Renewal of Lease - Star Property Leasing (NZ) Limited 16.04.2021.pdf
    • Deed of Sublease March 2009.pdf
  • /Lease Docs - Good Home /
    • 1-Deed of Lease - 20th Feb 2007.pdf
    • 2-Deed of Variation - 8th May 2008.pdf
    • 3-Deed of Rent Review & Variation - 16th Nov 2010.pdf
    • 4-Notice of Rent Review - 13th July 2016.pdf
    • 5-Deed of Amendment of Lease - 13th December 2016 (new G'tor).pdf
    • 6-Deed of assignment of Lease 13 March 2017.pdf
    • Deed of Variation 2019_fully executed.pdf
  • /Lease Docs - Medical Centre/
    • 2015.01.27 - Lease doc.pdf
  • /Lease Docs - Pizza/
    • Deed of Lease.pdf
    • TIPP0030 03 Deed of Assignment of Lease dated 14 April 2015.pdf
  • /Lease Docs - Snap Fitness/
    • 1-Deed of Lease - combined.pdf
    • 16.04.2021 Executed Deed of Variation and Extension of Lease - NZ Equipment 24 7 Limited.pdf
    • 2-Deed of Assignment.pdf
    • Snap Fitness - Deed Recording Review of Rent - March 2021.pdf
    • Snap Fitness - Deed of Assignment of Lease - March 2021.pdf
    • Snap Fitness - Deed of Assignment of SUB- Lease.pdf
  • /Lease Docs - Super Liqour/
    • 1-Deed of Lease - 16 Oct 2008.pdf
    • 2-Lease variation 2015.pdf
    • 3-Deed of Assignment - Oct 2015.pdf
    • 4-Deed of Assignment Jan 2021 (fully executed).pdf
  • /Lease Docs - Tony's Teppanyaki/
    • Deed of Lease - 30 Jan 2013.pdf
  • /Lease Docs - Unichem Pharmacy/
    • 1-Fully Executed Deed of Lease - Unichem Ferrymead Pharmacy Limited 02.10.2019.pdf
  • /Lease Docs - Vet Ent /
    • 1- Deed of Lease undated.pdf
    • 2- Deed of Sublease.pdf
    • 3-Deed of Assignment - 11 Feb 2014.pdf
    • 30.05.2022 VET ENT Deed of Rent Review fully executed.pdf
    • Deed of Sublease - Ferrymead Central - July 2021.pdf
  • /OPEX/
    • Ferrymead Central F22 Budget.pdf
  • /Other/
    • 173901 - Car park Licence - Fully executed and dated 19.6.2017 .pdf
  • /Seismic/
    • 106218_2 Waterman Place - Seismic Capacity - Ltr - 260117 - Rev A.pdf
    • Engineers IEP Assessment Ltr.pdf
  • /Title/
    • Title.pdf

Property Description

Colliers is delighted to present this high quality and well-known retail centre, being an anchor development of the Ferrymead Commercial Precinct in Christchurch.

Comprising two individual buildings around the outside of the site, fully occupied by 12 individual tenancies and benefiting from a large central car parking area totaling approximately 110 individual spaces. The development occupies a high profile corner site benefiting from excellent exposure to passing vehicular traffic.

Ferrymead is an established commercial hub with mixed use accommodation linking eastern residential suburbs with central city arterials/suburbs.

To the astute investor this is an opportunity to secure a quality fully occupied development in a strong location underpinned by multiple tenancies spreading risk, with some additional upside potential.

Sound income is provided across 12 individual tenancies providing for a mixture of hospitality and retail occupiers and well-known brands such as Good Home, BNZ, Snap Fitness and Unichem Pharmacy. The overall weighted remaining lease term is 6.15 years providing excellent security given the number of tenants.

For Sale by Deadline Private Treaty closing: 4pm, Thursday 17 November 2022 (unless sold prior).

Call the sole agents to request further information or a site inspection. 

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Marius Ogg

South Island Commercial Limited trading as Colliers REA 2008

Level 1, 181 High Street, Christchurch Central

03 365 7887   021 905 940   marius.ogg@colliers.com   All Listings

Marius is an Investment Sales Broker at Colliers in Christchurch. He is passionate about property and for close to three decades has been active in the commercial and development land sectors primarily within the Canterbury region however also across New Zealand. Prior to his current role Marius was a 25-year veteran of the valuation profession, having experience across most asset classes, however principally focusing on the retail, office, and industrial sectors. Marius has been a trusted advisor on many of the largest transactions within the Canterbury market for nearly two decades.

Since his time in agency, Marius has been fortunate to have been involved with transactions ranging from circa $1.0m - $94.0m. Marius was the Colliers National Rookie of the year for 2022. Further Marius was awarded the REINZ 2023 Commercial and Industrial Rising Star for New Zealand.


Contact Mark Macauley

South Island Commercial Limited trading as Colliers REA 2008

Level 1, 181 High Street, Christchurch Central

03 365 7887   021 650 460   mark.macauley@colliers.com   All Listings

Mark is a high achieving investment broker specialising in investment sales and has negotiated in excess of $2 billion of sales both in Canterbury and throughout New Zealand. He has been instrumental in some of the biggest commercial property transactions in the South Island.

Mark has an extensive national network of institutional clients; family trusts and high net worth individuals in the commercial property market. He is a partner and general manager of Colliers International in Christchurch and was previously managing director of CBRE locally for 12 years.

Recent major transactions include: Kawarau Park Health Precinct, Queenstown ($94m), the former Police Station, St Asaph Street ($50.7m); DMC House, Colombo Street ($43m), Opus House, 12 Moorhouse Ave ($37.5m); Hellers factory, Main North Road ($40.5m), Hazeldean Business Park.