152 Ormond Road, Mangapapa, Gisborne

price TBC

1,518m2

Land Area

800m2

Floor Area
sold-flag

Prime Investment: 4 Apartments / 4 Office Leases

Nestled in the thriving suburb of Mangapapa, 152 Ormond Road presents an exceptional investment opportunity. This well-maintained property built in 2010, sports a modern and stylish exterior, offering both allure and functionality. Its prime location in a high-traffic area ensures maximum visibility and accessibility, making it an ideal choice for businesses while simultaneously providing comfortable living spaces for tenants on the upstairs level. Comprising four well designed two-bedroom, one-bathroom apartments, this property seamlessly blends residential and commercial advantages. Each apartment is thoughtfully laid out to maximise space and comfort, providing an inviting home for tenants. The ground floor level provides an excellent environment for well-known businesses with secure long-term leases in place. The external features of this property further enhance its appeal. The modern architecture not only stands out but is built with solid construction, ensuring lasting durability and a safe environment for both commercial and residential occupants. Off-street parking is strategically arranged, providing convenience for businesses during the day and enabling tenants to park and access their homes effortlessly in the evenings. Located within easy walking distance to the vibrant Ballance Street Village, residents will enjoy the close proximity to an array of cafes, shops, and essential amenities. With the combination of solid investment potential and desirable living spaces, 152 Ormond Road represents a unique opportunity for investors to receive great income and future capital gain. Don't miss your chance to own this impressive property in Mangapapa. Contact us today to arrange a viewing or to discuss further details.

152 Ormond Road, Mangapapa, Gisborne

Web ID

GIC214680

Floor area

800m2

Land area

1,518m2

District rates

$23,137.21pa

LV

$575,000

RV

$2,985,000

price TBC
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Penny Pardoe

Penny Pardoe

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GIC214680
Roger Faber

Roger Faber

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