152 Ormond Road, Mangapapa, Gisborne
price TBC
1,518m2
800m2
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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Auction
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• Vendors are under contract and are ready to sell!!!!! • 2+1 bedrooms (consented sleepout) • Modern style living areas • Expansive outdoor living area • Situated in one of Gisborne's most desired suburbs
$645,000
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