Short term tenant, long term asset


111 Main Road, Makaraka

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Short term tenant, long term asset | 111 Main Road, Makaraka | 2752299 |      X Close
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Short term tenant, long term asset


Set in the busy Makaraka commercial precinct on State Highway 2, this property poses a great low maintenance entry level commercial investment in an area with no vacant tenancies.

The current occupier is moving to a bigger premises and has provisioned a year long lease with a right of renewal of one year giving you plenty of time to secure a new tenant in this desirable location.

A modern low maintenance building set up as seven offices, amenities and a single garage which is finished with a massive concrete yard and parking of circa 750sqm to the front.

The astute investor with an eye for the future must investigate this low-risk investment opportunity.

(Boundary lines are indicative only)

Tenders close: 4pm, Thursday 21 October 2021 (unless sold prior)

10 Reads Quay, Gisborne

Mike Florance

Gisborne

Licensed under the REA Act 2008

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111 Main Road, Makaraka

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Mike Florance

Gisborne

Licensed under the REA Act 2008

View profile