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Patutahi

150 Seddon Street, Patutahi, Gisborne

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530sqm Floor area
7,395sqm Land area SQM

Asking Price NZ$550,000 + GST

 (if any)

Investment: Tidy country tavern


This sizeable leased property of some 7,395sqm land and 530sqm buildings, offers new owners a regular income, with a final lease expiry date of 31 March, 2028. The ground floor includes the villages only dairy/takeaway, a large public bar plus adjacent private bar, commercial kitchen, owners lounge and storage rooms. Upstairs includes 5 bedrooms, 2 bathrooms, laundry, and office. Theres an abundance of outside sheds, 2 x 5000 gallon water tanks and two paddocks presently used to graze a few sheep.
Be surprised at how much property is included!

Land and buildings only.

Peter McIntyre

Peter McIntyre


Bousfield Macpherson Ltd, Bayleys,
Licensed under the REA Act 2008
Colin McNab

Colin McNab


Bousfield Macpherson Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Condition:


A tidy property with quite new main roof and recent exterior paint upgrade.

Income:


Current net return of $30,800 per annum (tenant pays outgoing costs) plus GST.

Location:


Sited in Patutahi Village about 10 minutes from Gisborne in the heart of horticultural country.

Sell Method


For sale by negotiation.