297 Palmerston Road, Gisborne

Tender 02 May 2024
1,012m2
Land Area
610m2
Floor Area

+1

A prime investment opportunity in Gisborne

Nestled in the heart of Gisborne, this stellar investment property awaits your savvy investment move. Boasting a perfect blend of commercial and residential units, this gem offers not just one, not two, but three fully leased commercial spaces alongside five contemporary apartments. Crafted in 2010 with top-notch tilt slab construction, this property stands the test of time with its durable, low-maintenance design. Complete with ample onsite parking and a fully concreted yard, convenience is at the forefront of its charm. Looking for an investment that's easy on the upkeep and promises long-term gains? Look no further. The retiring owners, who have nurtured this property since its inception, are passing the torch to a new owner ready to reap the rewards for years to come. If you're ready to step into a hassle-free, income-generating investment opportunity, seize the moment! Call further details. Don't miss out on this golden chance to secure your financial future! Tenders close 4pm, Thursday 2nd May 2024 (unless sold prior)

297 Palmerston Road, Gisborne

Web ID

GIC181135

Floor area

610m2

Land area

1,012m2

District rates

$19,345.15pa

LV

$415,000

RV

$2,075,000

Tender (unless sold prior)

Thursday, 02 May 2024, 4.00pm

View by appointment

Contact


Philip Searle

Philip Searle

021 338 487

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Property enquiry

Property enquiry for
GIC181135

About the location


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4
Bedrooms
1
Bathrooms
2
Garages

This fully fenced property is looking good, thanks to the current tenants who would be perfect to continue with the new owner. All the required Healthy Homes boxes have been ticked and a current Rental Appraisal is available upon request. Aspects of the home have been modernised and the room sizes are generous. Phone for an appointment to view or come to the advertised open home.

$450,000

This is a substantial parcel of land right opposite Gisborne's industrial subdivision. With land in the subdivision at an absolute premium (if any were available) this block will make a secure investment for the future. Comprising just over 5.5 hectares with substantial industrial buildings of nearly 7,000 square metres leased to substantial food processing companies. Including high stud cold and cool stores with substantial warehousing. Included on the block is approximately 2.8 hectares of vacant land currently zoned Rural/Residential which lends itself to further development. The property is located with good road access to the main roads both north and south of Gisborne. Full information memorandum is available upon request to Property Brokers Commercial Division - Philip Searle.

$7,500,000 + GST (if any)

Nestled in the heart of Gisborne, this stellar investment property awaits your savvy investment move. Boasting a perfect blend of commercial and residential units, this gem offers not just one, not two, but three fully leased commercial spaces alongside five contemporary apartments. Crafted in 2010 with top-notch tilt slab construction, this property stands the test of time with its durable, low-maintenance design. Complete with ample onsite parking and a fully concreted yard, convenience is at the forefront of its charm. Looking for an investment that's easy on the upkeep and promises long-term gains? Look no further. The retiring owners, who have nurtured this property since its inception, are passing the torch to a new owner ready to reap the rewards for years to come. If you're ready to step into a hassle-free, income-generating investment opportunity, seize the moment! Call further details. Don't miss out on this golden chance to secure your financial future! Tenders close 4pm, Thursday 2nd May 2024 (unless sold prior)

Tender 02 May 2024

Discover Gisborne

Bounded by mountain ranges to the west, rugged country to the south, and faces east onto the Pacific Ocean.

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