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Kaiti

92b,c,d De Lautour Road, Kaiti, Gisborne

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320sqm Floor area
632sqm Land area SQM

Asking Price NZ$389,000 + GST

 (if any)

Investment Opportunity - Suburban Shopping Block


This four unit block of shops includes a superette, fish shop, vacant hair salon plus an office unit.

Adjacent to a recently restructured medical centre, the property includes land of approximately 632sqm and buildings of 320sqm, with estimated fully leased potential of $40,000 net per annum - possibly 10% plus net on investment.

Colin McNab

Colin McNab


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

Features

Condition


In general good condition - one unit set up as a hair salon.

Location


The shopping block services a wide area of outer Kaiti in Gisborne.

Multiple Investment


Four tenancies thus spreading the investment risk.

Parking


Generally good client parking in the area, however the property includes rear staff car parking.