Rarely do we see a property with the size and income of Kaiti Mall come onto the market in sunny Gisborne! Servicing the surrounding eastern Kaiti suburb along with communities further to the north-east on busy Wainui Road (State Highway 35), the property offers excellent profile onto a very busy access road and is the last major shopping centre leaving Gisborne to the East Cape.
A total of nine titles offered with a combined land area of 12,410sqm (more or less) and floor area of 3,630sqm (more or less), substantial on-site car parking, and rear delivery access off Jackson Street.
A mix of small to large tenants including government agencies, with 12 existing rent paying tenants and three vacant tenancies offering further potential to add to the current investment returns, this property must be considered by all astute investors. Full details available on request.
Tenders close: 4pm, Thursday 21 June 2018 (unless sold prior)
10 Reads Quay, Gisborne