18 Gordon Street unit built in 1960s. Can be purchased together with 20 Gordon St. This very well- maintained unit consists of spacious open plan office/shop , kitchen/storage room and bathroom facilities at the rear with exit. Heat pump for sufficient heating Currently leased and earning $7,200 nett (tenant pays rates and insurance). Estimated NBS is around 68%. This investment is a rare opportunity to start your portfolio at a very attractive price with potential return of 8%. You need to be quick. Call us now!

$90,000

20 Gordon Street unit (1960s era with recent improvements) can be purchased with Unit18 Gordon St. This very well-maintained unit consists of good size reception area, three separate offices, meeting room (could be used as a fourth office, or storage, or sublet), kitchen and bathroom facilities down the hallway and rear access. Heat pumps provide efficient heating. Call us now.

$180,000

Fully leased building earning $25,000+GST +rates +shared insurance. - Current RV $355,000 (Sept 2023). - Final lease expiry date Feb 2030. Renewal in 2027. - Tenant is willing to extend lease up to 2040. - Located in a prominent SH2 position with high traffic flows. - Tararua District Council has not designated this building as an EQ-prone building. This Iconic two-story historic building of the 1910 era features a comfortable upstairs 3-bedroom flat, which includes storage, kitchen, laundry, staff toilet, staffroom area, bathroom and lounge with privacy and views over CBD. The tenant occupies a flat upstairs and utilizes the ground floor as a well-established and well-known toy and puzzle-making business, retailer, and book distribution center. Don't miss this unique opportunity - book your private viewing now!

From $349,000 + GST (if any)