Premium inner-city development opportunity

285 Grey Street, Awapuni


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Premium inner-city development opportunity | 285 Grey Street, Awapuni | 2751184 |      X Close

Premium inner-city development opportunity

A popular holiday destination for tourists; a unique opportunity for astute buyers.

This high-profile business location is zoned Inner City Residential and offers a sitting tenant with lease in place for the next four years. Standing on a 490m² site, this property is not for the faint-hearted. With remedial work required there is an opportunity to increase the rent or demolish the building and start from scratch. What an opportunity!

The ground floor of this property offers 137m² of retail/dining space and 123m² kitchen/service area. The 149m² four bedroom apartment on the first floor is privy to outstanding ocean views and there is huge scope to renovate.

With ongoing upgrades to the Waikanae beachfront, property and business in the area, it is evident this is a prime investment location. This is untapped potential and possibilities.

Call Shelley or Mike for all the information.

Tenders close: 4pm, Friday 15 February 2019 (will not be sold prior)

10 Reads Quay, Gisborne

285 Grey Street, Awapuni

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