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Wairoa

24-26 Marine Parade, Wairoa, Wairoa

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2,530sqm Land area SQM

For Sale by Negotiation

Bottom drawer commercial income


Located less than 200 metres from State Highway 2. Here is a unique opportunity to purchase two freehold titles of 2,530sqm (more or less). With a commercial net lease to national tenants, Go Bus Transport Limited returning $22,450 + GST per annum. With just under five years left on the current lease term, this is a strategic no fuss bottom drawer investment providing you the opportunity to sit back and watch the rent roll in.

Boundary lines are indicative only
Tender close: Thursday 31 August 2023 (unless sold prior)
10 Reads Quay, Gisborne

Mike Florance

Mike Florance


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

Features

Land area


2530sqm (more or less)

Land bank


opportunity for future development with a holding income

Lease term


current term expiry is 31 January 2028

Zoning


Commercial