11 Te Maanga Road, Matawhero, Gisborne

Industrial returns with dual tenancy

Situated in the growing industrial estate of Aerodrome Business Park, Gisborne, 11 Te Maanga Road presents a rare opportunity for investors or owner-occupiers alike. This tenanted investment delivers a secure income stream, with two tenants generating a combined net rental income of $94,306 plus GST and outgoings. The dual tenancy structure provides split-risk income and reduced reliance on a single occupier, adding long-term stability.

A key advantage of this property is the flexibility it offers—one of the current leases is due to expire next year, creating an opportunity for an owner-occupier to move into part of the premises while still benefiting from rental income from the remaining tenant. The property sits on approximately 4,619 sqm of industrial-zoned land with plenty of upside on offer with the addition of buildings on the two lots. Located within an established and expanding industrial precinct, the site benefits from secure fencing with electric gates, flood lighting, CCTV and easy access to key transport routes. This is an ideal proposition for investors seeking reliable income or businesses looking to secure their premises with future flexibility.

Boundary lines are indicative only.

For sale by Deadline Private Treaty: 4pm, Wed 10 Dec 2025 (unless sold prior)
10 Reads Quay, Gisborne