Income-producing industrial
An opportunity to secure a tenanted industrial investment in Gisborne's established Awapuni industrial precinct, occupied by Gisborne Towing Services Limited, a well-established regional towing and salvage operator. Strategically positioned on State Highway 35 near the Lytton Road intersection, the property offers excellent accessibility for transport and vehicle-related operations.
The property comprises approximately 4,047 sqm of land, improved with around 1,000 sqm of warehouse accommodation, office facilities, supplementary sheds and extensive yard areas. The combination of functional buildings and generous yards provides practical space for vehicle storage, manoeuvring and a range of industrial activities.
With an established business in occupation and a versatile industrial property in a strategic location, 277 Awapuni Road presents an attractive opportunity for investors seeking exposure to Gisborne's industrial property market. The existing tenancy, substantial landholding and functional improvements make this a compelling addition to an investment portfolio.
Tenders close: 4pm, Thursday 3 December 2026 (unless sold prior)
10 Reads Quay, Gisborne
Boundary lines are indicative only
The property comprises approximately 4,047 sqm of land, improved with around 1,000 sqm of warehouse accommodation, office facilities, supplementary sheds and extensive yard areas. The combination of functional buildings and generous yards provides practical space for vehicle storage, manoeuvring and a range of industrial activities.
With an established business in occupation and a versatile industrial property in a strategic location, 277 Awapuni Road presents an attractive opportunity for investors seeking exposure to Gisborne's industrial property market. The existing tenancy, substantial landholding and functional improvements make this a compelling addition to an investment portfolio.
Tenders close: 4pm, Thursday 3 December 2026 (unless sold prior)
10 Reads Quay, Gisborne
Boundary lines are indicative only
Key features
Anchor tenants
Industrial asset leased to long established towing and salvage company
Land area breakdown
Strategic industrial landholding of 4,047sqm (more or less) on State Highway 35
Passing income
Substantial passing net rent of $130,000 + GST and OPEX
Location
Opportunity to purchase in the tightly held Awapuni Industrial Precinct
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