Positioned on a prominent fringe-commercial site, 426 Palmerston Road sits on a 932 sqm freehold section with approximately 517 sqm of floor space, including a mezzanine. The building combines office and workshop areas with a layout designed for both visibility and functionality. A modern street frontage offers excellent branding, while the rear high-stud workshop, roller doors, and sealed drive-through yard add versatility.
The property is tenanted by LDE Engineers & Scientists, a nationally recognised firm providing geotechnical, structural, civil, and coastal engineering, as well as environmental and resource consent expertise. Their presence makes this more than just bricks and mortar—it's a cornerstone asset with a tenant literally building the region.
For investors, this property delivers an entry level asset with a secure income stream, adaptable design for office and heavy-duty use, a high-profile location, valuation growth, and a strong tenant covenant—an investment that is versatile and future-proof.
Boundary lines are indicative only.
Tenders close: 4pm, Wed 29 Oct 2025 (unless sold prior)
10 Reads Quay, Gisborne
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