Gisborne
79 Childers Road, Gisborne, Gisborne
Asking Price NZ$1,200,000 + GST
(if any)
CBD, home, office, income
Currently formatted as split risk offices leased to six tenants and located in Gisborne's CBD sits this add value opportunity that is well positioned for its next chapter.
The building consists of garaging and car parks via a right of way to the rear with internal access and ten lettable office areas on the ground floor, these are currently spread across six tenants with an additional first floor two-bedroom apartment.
Only a short walk from cafes and fine dining restaurants around the Inner harbour precinct this is a strategic add value opportunity in a prime location.
Boundary lines are indicative only
Mike Florance
Bousfield Macpherson Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Zoning
Inner Commercial (CBD)
Seismic (NBS rating)
70%
Occupancy
100%, with split risk multi tenancy
Passing income
$90,559 net pa
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