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Gisborne

79 Childers Road, Gisborne, Gisborne

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386sqm Land area SQM
470sqm Floor area
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CBD, home, office, income


Currently formatted as split risk offices leased to six tenants and located in Gisborne's CBD sits this add value opportunity that is well positioned for its next chapter.
The building consists of garaging and car parks via a right of way to the rear with internal access and ten lettable office areas on the ground floor, these are currently spread across six tenants with an additional first floor two-bedroom apartment.
Only a short walk from cafes and fine dining restaurants around the Inner harbour precinct this is a strategic add value opportunity in a prime location.

Boundary lines are indicative only

Asking Price NZ$1,200,000 + GST (if any)
Mike Florance

Mike Florance

Commercial and Industrial Sales and Leasing

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

Features

Zoning


Inner Commercial (CBD)

Seismic (NBS rating)


70%

Occupancy


100%, with split risk multi tenancy

Passing income


$90,559 net pa

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