297 Palmerston Road, Gisborne

Tender
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)
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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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

This well-known Lytton West institution could be your lucky ticket to business success. With the current owner's future plans in motion, the time has come to pass the torch to someone who can elevate this business and put their own unique stamp on it. Lytton West Lotto & Post has been a beloved community fixture since the 1980s. For over 3 years, the current owners have built upon the business's strong foundations, expanding the product and service offerings - you can see why it's ranking in the top 100, New Zealand wide. Today, it operates as a popular multi-faceted enterprise, centered around Lotto, NZ Post, and a diverse range of retail items including magazines, stationery, gifts, jewellery, clothing, and confectionery. Strategically located in a vibrant local shopping hub, the shop enjoys ample customer parking and a consistent, growing customer base, bolstered by a nearby sought-after residential development. This is your chance to create a lifestyle filled with oodles of potential and put your personal touch on a well-known Lytton West institution. The current vendor has given clear instructions - all offers will be presented, as they are eager to transition this well-loved and nurtured business to its next chapter. They say when life throws you an opportunity, you grab it and run with it! Contact me today for further details on this unmissable opportunity.

By Negotiation

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By accepting the information contained in the Property Brokers Information Files, I acknowledge I have read, understood and accepted the terms on which the information is made available:

  • It is acknowledged that any LIM report/builders reports/title search information or other property information documents that have been supplied by Property Brokers have been provided to interested potential buyers for general information purposes only, and may not have been sourced directly from providers by Property Brokers.
  • Neither Property Brokers nor their client (vendor) warrant the accuracy, completeness or currency of this documentation and nor do they accept liability for any errors or omissions in these documents.
  • All interested potential purchases should conduct their own due diligence, and obtain and rely on their own documents and legal/specialist advice as required from a person/company of their choosing.
  • Any purchase decisions are made entirely on reference of potential purchasers own judgement and they have satisfied themselves on all aspects of the property independently. Such decisions have not been made upon reference of the documents received in the Information Files supplied by Property Brokers.
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