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Mangapapa

178 and 180 Ormond Road, Mangapapa, Gisborne

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10 Bedrooms
4 Bathrooms
5 Parking
2,023sqm Land area SQM

Look at the options!


Investment... Home and income...Subdivide/develop?

Very rarely does a block of this size (2,023sqm) come on the market in this area. Presently providing a good return for the owners from the three units plus large Villa.

Potential to add value to the property plus tenants who are long-standing and happy to stay. The property is also perfectly suited to an owner/occupier scenario. As the property is comprised in two titles there is also the opportunity to further develop the property.

Close to schools, shops, service station and pharmacy... this property will have wide appeal.


Auction 1pm, Fri 21 Sep 2018 (unless sold prior)
10 Reads Quay, Gisborne

Auction
(unless sold prior)

10 Reads Quay, Gisborne

21
Sep

Time1pm
Calander
Calendar
Richard Pearce

Richard Pearce


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

Kerry Low


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

Features

Investment


Three units plus dwelling providing good income with potential to increase

Location


Popular area - close to schools, shops and pharmacy

Potential to develop


2,023sqm section with subdivision opportunity