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Gisborne Central

203 Gladstone Road, Gisborne Central, Gisborne

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770sqm Floor area
989sqm Land area SQM

For Sale by Negotiation

High quality retail investment


A true local icon being home of the world famous (in New Zealand) Gear Meat Pies and the all important Bernina shop this unique property comprises two retail shops.

Each tenant enjoys its own street frontage one to Gladstone Road, the other to Grey Street. Situated on a land parcel of 989sqm the property has a floor area of 770sqm , making it a substantial footprint in the local precinct.

This is your opportunity to secure this well leased, versatile property in the heart of Gisborne's thriving CBD.

• Two long term leases of five years each
• Two retail tenancies
• Dual street frontages
• Seismically compliant buildings
• Total net income $70,000 + GST

* BUSINESSES NOT FOR SALE - BUILDINGS ONLY *

For further information please call Mike Florance on 021 222 8053 or email mike.florance@bayleys.co.nz

To obtain a copy of all supplementary documents please visit - http://www.propertyfiles.co.nz/property/3251924

Luke Kershaw

Luke Kershaw


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Investment


2 x long term leases of 5 years each - great passive option

Location


Situated on busy and highly visible Gladstone Road in the thriving Gisborne CBD, Gear Meat Pies frontage off Grey Street

Size


Land parcel of 989sqm the property has a floor area of 770sqm - 2 x separate retail tenancies