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Gisborne Central

1,2,11/24 Reads Quay, Gisborne Central, Gisborne

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4 Bedrooms
3 Bathrooms

Price On Application

Better than the bank


Buy one, buy them all, or any combination that suits. With a substantial portfolio that includes four separate units now being released to the market for the first time in 15 years, there are multiple options here for the astute investor.

Pacific Harbour Motor Inn offers a premium hands-off investment with no input required from you as an owner. Well managed and located, and with consistently high returns an easy opportunity to invest in quality Real Estate. With a range of sizes and returns, there is something here to suit everyone.

Unit 1: 30sqm Queen studio returning approximately $18,000 net per annum. Priced at $330,000 (plus GST if any)
Unit 2: 30sqm Twin studio returning approximately $23,000 net per annum. Priced at $330,000 (plus GST if any)
Unit 11: 64sqm Two bed unit returning approximately $18,000 to $20,000 net per annum. Priced at $340,000 (plus GST if any)
Unit 13: 20sqm Double studio returning approximately $7,000 to $11,000 net per annum. Priced at $110,000 (plus GST if any) - Now SOLD

Realistic vendors wish these properties to be sold. Consistent Net returns on remaining units of 5% to 7% with the benefit of owning a tangible asset.

Property details and financial reports available upon request and viewing by appointment.

For the 3D virtual tours, email Dianne today.



Dianne Holland

Dianne Holland

Residential, Apartment and Investment Sales

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

Features

Investment


No input required - just receive a return every month

Opportunity


Consistently high occupancy rates with predominantly corporate clientele

Location


Waterfront location and well maintained for peace of mind

Investment


Hands-off investment with no input required

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.