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5/42 Grey Street Gisborne, New Zealand

Property Brokers as a sole marketing agent are proud to present 42 Grey Street to the market. This is a rare opportunity, leases with Government as tenant seldom become available. New single storied building only four years old with 39 onsite car parks. The first term of the lease has another five years to run. Final lease expiry 2033. The property is well located in an attractive position. With the low OCR there is opportunity for a go forward return.- Copy of IM available on request - Building is 100% of the current NBS- Net forecasted rental income $271,254pa (+GST)

Amenities

  • Property Type: Other
  • MLS: GIC70350
  • Web ID: JA2S5T
  • Status: Current

Area Detailed Information

Property brokered by

Property Brokers

+64 6 356 5122

Presented by Brian Shields

  • 021 729 854

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