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Gisborne

155 Carnarvon Street, Gisborne, Gisborne

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1,663sqm Land area SQM
754sqm Floor area
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CBD fringe trophy


Superbly located on the CBD fringe 155 Carnarvon St offers astute investors a rare opportunity to secure a “trophy” tenanted commercial investment possessing all the desired fundamentals.
The high-stud building boasts a classic commercial street appeal with modern exposed concrete panels, glass joinery and profiled metal cladding and will be built to the highest standards of workmanship, offering superior levels of fit-out and presentation with a versatile format providing for a range of future options.
Comprising approximately 171sqm of trade retail, 478sqm of warehouse, 80sqm of office, 90sqm of canopy, 452sqm of yard space and seventeen car parks, all this underpinned by a well-structured long-term lease to an established tenant returning $208,140.00 +GST and OPEX per annum.

For Sale by Deadline Private Treaty
(unless sold prior)

10 Reads Quay, Gisborne

14
May

Time4pm
Calander
Calendar
Mike Florance

Mike Florance

Commercial and Industrial Sales and Leasing

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

Features

Occupancy


Fully leased to nationally recognised and regionally established tenant J A Russell Limited with a 10-year initial term

Passing income


Net rent of $208,140 + GST and outgoings

Land area breakdown


1,663sqm (subject to survey)

Floor area details


754sqm (approximately)

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