320 Gladstone Road, Gisborne, Gisborne

Upsize your portfolio - New 10-year lease

• Established retail investment with new 10-year lease to Restaurant Brands
• Returning $139,000pa + GST with fixed growth throughout the lease
• High-profile location in heart of Gisborne town centre
• Modern building with bankable seismic rating (100% NBS)

The hands-off investment you have been searching for. This modern retail investment provides an attractive combo of long-term lease, strong tenant covenant and high-profile central city position. The property benefits from a brand new 10-year lease to Restaurant Brands, owner of 381 KFC, Taco Bell, Carl's Jr and Pizza Hut stores throughout New Zealand, Australia and the USA.

Underpinned by a high profile 2,023sqm (more or less) freehold land holding in the heart of Gisborne Town Centre, the property offers excellent exposure to passing traffic flows and is surrounded by a combination of national retailers and established residential catchment.

A rare opportunity to purchase a modern asset with a strong tenant covenant. Call now to place your order.