A rare opportunity to secure a high-profile, fully leased investment property anchored by two established national operators in one of Gisborne’s most prominent industrial locations.
The property at 49 Awapuni Road is home to CityFitness Gisborne and Sunshine Brewery, both well-established tenants drawing consistent patronage and benefiting from strong brand recognition within the region.
The building has been strengthened to 80% of New Building Standard (NBS), providing investors with a robust seismic rating and reduced risk profile. This level of structural compliance is increasingly sought after in the current market and ensures long-term tenant security.
The investment is underpinned by a Weighted Average Lease Term (WALT) of approximately 8.5 years, providing excellent income stability and minimising vacancy risk.
Positioned in a high-exposure Awapuni Road location, the property benefits from strong passing traffic, excellent accessibility, and proximity to key industrial and commercial users, further enhancing its long-term versatility.
Tender (unless sold prior)
4pm, Wednesday 5 August 2026
Bayleys, 10 Reads Quay, Gisborne
Boundary lines are indicative only.
