Positioned within Gisborne's sought-after Aerodrome Road Business Park, this modern dual-tenanted freehold property presents an outstanding investment opportunity with strong rental income and established long-term occupiers.
Strategically located with direct access to State Highway networks, Gisborne Port, and Gisborne Airport, the property enjoys excellent connectivity for transport, logistics, and industrial businesses. Surrounded by a range of established service industries, it occupies a highly desirable position within one of the region's premier industrial precincts.
Set on a substantial 7,204sqm (more or less) site, the property offers exceptional functionality, ease of access, and future development potential. Existing improvements comprise approximately 735sqm of modern industrial buildings, currently leased to well-established rural servicing, transport, and wool industry operators, providing investors with a secure and attractive income stream.
Whether you're seeking a quality addition to your investment portfolio or a strategically located industrial asset with future upside, this property deserves serious consideration.
For further information, a copy of the tenancy schedule, or to arrange an inspection, contact Colin McNab on 021 808 438 or Mike Florance on 021 222 8053. Opportunities of this calibre in Gisborne's premier industrial precinct are seldom available.
Rateable value: $2,685,000
Land value: $1,720,000
Improvements Value: $965,000
(1 August 2023)
Tender (unless sold prior)
4pm, Thu 9 July 2026
Bayleys, 10 Reads Quay, Gisborne
