7 Halbert Road, Makaraka, Gisborne
price TBC
1,980m2
500m2
Commercial investment property
Due to the owner's retirement, this property located in the busy Makaraka industrial area is for sale by auction. The property located on a 1980 square metre land parcel leased from the East Coast Museum of Technology on a thirty three year term with the whole property subleased to Fire and Emergency New Zealand. The building comprises approximately 500 sq metres on the ground floor with 240 sq metres of mezzanine. The Makaraka industrial area is located only a short distance from the City boundary and includes transport and distribution, farm supplies, fuel, storage facilities. The building is in generally good condition and should be easy to lease should the existing tenant ever relocate. With a substantial shortage of warehouse/workshop space in the district, this property is something an astute investor should consider.
Chattels
7 Halbert Road, Makaraka, Gisborne
Web ID
GIC14504
Floor area
500m2
Land area
1,980m2
District rates
$3071.06pa
LV
$200,000
RV
$510,000
price TBC
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Forget all previous price expectations, I have strict instructions to sell this home! This super tidy example of a 1960's home has benefited from modernisation in key areas, allowing you to move in and enjoy what has been done, with further scope to enhance and make your own. With open plan living that flows out to the covered rear deck, positioned to capture all day sun and giving you that semi rural backdrop that Makaraka is known for. The separate laundry room also houses a handy second toilet that will take the pressure off during the morning rush. The detached garage and bonus garden shed will allow plenty of storage and a fenced rear yard will keep the kids and pets happy while they run wild. Get in touch today for a viewing. You won't want to miss this opportunity.
Auction
Owner relocating to larger property. This property is located in a high visibility site with very high traffic flow. Comprising a number of modern, well presented buildings and enjoying extensive heavy duty industrial concreted yard area. The property has vehicle access from both Main Road and Parker Lane allowing for drive through by heavy vehicles. The property could suit a large variety of businesses permitted under the district scheme. The property is available for purchase with vacant possession deferred until towards the end of 2020 or can be purchased now with a lease back to the Vendors at a 9% return until the end of 2020. Zoned industrial, view by appointment.
By Negotiation
Due to the owner's retirement, this property located in the busy Makaraka industrial area is for sale by auction. The property located on a 1980 square metre land parcel leased from the East Coast Museum of Technology on a thirty three year term with the whole property subleased to Fire and Emergency New Zealand. The building comprises approximately 500 sq metres on the ground floor with 240 sq metres of mezzanine. The Makaraka industrial area is located only a short distance from the City boundary and includes transport and distribution, farm supplies, fuel, storage facilities. The building is in generally good condition and should be easy to lease should the existing tenant ever relocate. With a substantial shortage of warehouse/workshop space in the district, this property is something an astute investor should consider.
Auction
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