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135 Lowe Street, Gisborne, New Zealand

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135 Lowe Street, Gisborne, New Zealand

Gisborne

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135 Lowe Street, Gisborne, New Zealand

Gisborne

135 Lowe Street, Gisborne, New Zealand

135 Lowe Street, Gisborne, New Zealand

Properties / Buy / Australian Capital Territory / Gisborne
Tenanted Investment
Selling Method
Tender
Selling Details
Closing 4pm, Thursday 21st July 2022
Land Area
1.60 hectares (*approx)
Property Type
Industrial
Sub-type
Office/Warehouse
Est. Income
$1,020,080 p/a
Show All
$1,020,083 net income over 14 titles
  • Significant central city landholding, with sizable income and opportunities
  • Large freehold landholding boasting four street frontages
  • Multinational essential industry tenant, Genetic Technologies as anchor tenant

After decades of ownership in a large infrastructure company, a rare regional New Zealand opportunity is presented to market. Comprised of fourteen freehold titles across over 1.6ha of Commercial zone, perfectly located between Gisborne’s picturesque waterfront, regionally significant seaport, and the bustling CBD. Future development provides purchasers with long-term options while the existing fully tenanted 10,901sqm of cold store and dry good storage in impressive built assets provides a $1,020,083 + GST net income.

The strength of the economy and primary sector has resulted in a significant demand for cool store and dry store space, workshops, and large format storage. Global material supply, capital, and resource constraints are restricting new build stock to meet forecast demand, making this an opportunity not to be missed. A partial sale may be considered upon favourable terms, but the savvy buyer will see the scale of this opportunity.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

135 Lowe Street Investment Summary

Property Type
Industrial
Sub-type
Office/Warehouse
Est. Income
$1,020,080 p/a
Land Area
1.60 hectares (*approx)
Selling Method
Tender
Selling Details
Closing 4pm, Thursday 21st July 2022

Investment Highlights

$1,020,083 net income over 14 titles
  • Significant central city landholding, with sizable income and opportunities
  • Large freehold landholding boasting four street frontages
  • Multinational essential industry tenant, Genetic Technologies as anchor tenant

After decades of ownership in a large infrastructure company, a rare regional New Zealand opportunity is presented to market. Comprised of fourteen freehold titles across over 1.6ha of Commercial zone, perfectly located between Gisborne’s picturesque waterfront, regionally significant seaport, and the bustling CBD. Future development provides purchasers with long-term options while the existing fully tenanted 10,901sqm of cold store and dry good storage in impressive built assets provides a $1,020,083 + GST net income.

The strength of the economy and primary sector has resulted in a significant demand for cool store and dry store space, workshops, and large format storage. Global material supply, capital, and resource constraints are restricting new build stock to meet forecast demand, making this an opportunity not to be missed. A partial sale may be considered upon favourable terms, but the savvy buyer will see the scale of this opportunity.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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135 Lowe Street, Gisborne, New Zealand

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Property Location of 135 Lowe Street, Gisborne, New Zealand

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135 Lowe Street, Gisborne, New Zealand Gisborne
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