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Gisborne Central

11/24 Reads Quay, Gisborne Central, Gisborne

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2 Bedrooms
1 Bathrooms
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Easy care investment


An ideal passive investment.

Spacious 64 sqm two bedroom unit in the luxurious Pacific Harbour Motor Inn.

Regular clientele, on-site management, furnished and absolute prime location with views over the harbour and walkway.

Conveniently close to cafes, restaurants and CBD shopping.

Potential 7+ % yield, sit back and reap the returns.

Realistic vendors want this unit sold and are open to offers.

Property details and financial reports available upon request and viewing by appointment. Price is plus GST if any

Asking Price NZ$290,000
Dianne Holland

Dianne Holland

Residential, Apartment and Investment Sales

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

Features

Floor area


Spacious 64sqm with two bedrooms and spacious lounge, perfect for a holiday stays

Income


With net returns in the 5-6% range over the last three years

Opportunity


Well run Motor Inn with good occupancy

Investment


Well maintained property inside and out

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