Secure Investment Opportunity
Presenting a Commercial 1 zoning these two adjoining dwellings on one title, each with their own frontage, present an outstanding opportunity to secure a fruitful and rewarding investment. Boasting high exposure on the busy main street of Gisborne the front facing property, delivers a long-standing tenant and ample OSP. Polished concrete floors, verandah with awning, kitchenette and toilet with separate hand basin are complemented by the existing tenants’ quality fit outs. An award-winning spa and wellness centre, comprising four treatment rooms and modern reception space currently provides an annual return of $26,996 + GST and a percentage of outgoings, securely leased till July 2019 with an option for an additional three years. Fronting Heritage Way near parking and lane way access, the rear dwelling includes a large open area with disabled toilet, ideal for a studio or office fitout. Totalling approximately 192m2 and set amongst specialty shops, boutique eateries, major banks and supermarkets, this dynamic opportunity represents a solid investment.