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my-bayleys

my-bayleys

#2751668

Gisborne

20 Lowe Street, Gisborne, Gisborne

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107sqm

Sell or lease - you decide!

This strata-titled investment property offers an entry-level opportunity to purchase at $220,000 (plus GST, if any) or lease the 107sqm shop, already set up as a hair or beauty salon. With a rateable value or $246,000 (2017), this property could get you onto the Commercial property ladder at a relatively low cost.

Asking Price NZ$220,000 + GST (if any)

Colin McNab

Colin McNab

colin.mcnab@bayleys.co.nz

Bousfield Macpherson Ltd, Bayleys,

Licensed under the REA Act 2008

Features

Available

Currently vacant - plus assistance offered to find new tenants

Investment

Possibility to earn net returns well above bank levels

Leasing

Will discuss leasing at $20,000 - $22,000 net per year (plus outgoings + GST)

Property

Set up as a hair salon but could suit many other uses