Gisborne Central
11/24 Reads Quay, Gisborne Central, Gisborne
Asking Price NZ$340,000
Attractive unit, attractive returns
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.
Unit 11 is a spacious 64sqm two bed unit returning approximately $17,000 to $20,000 net per annum.
Realistic vendors wish these properties to be sold. Net returns are projected to be in the range of 5-6% net with the benefit of owning a tangible asset.
Property details and financial reports available upon request and viewing by appointment.
For the 3D virtual tour, email Dianne today.
Dianne Holland
Bousfield Macpherson Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Floor area
Spacious 64sqm with two bedrooms and spacious lounge, perfect for a holiday stays
Income
With net returns in the 5-6% range over the last three years
Opportunity
Well run Motor Inn with good occupancy
Investment
Well maintained property inside and out
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