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2/24 Reads Quay, Gisborne, Gisborne, 1 Bedrooms, 1 Bathrooms, Apartment

2/24 Reads Quay, Gisborne, Gisborne

Gisborne 1 Bedroom Phenomenal returns - approx. 9% Net!

$290,000
1 Beds
1 Baths
30m² Floor area
ApartmentListed on Thu Mar 3Price drop

With consistently high occupancy and income, this is the best performing unit available. Exceptional 2025 results of close to 9% Net return at asking price, and showing continued strong performance. This Pacific Harbour Motor Inn offers a premium hands-off investment with no input required from you as an owner. Well managed and located this is an easy opportunity to invest in quality Real Estate.

Income for 2025 financial year $47,093, expenses $19,543 and retentions $1,816

Unit 2 is a comfortable 30m2 twin studio, well located within the complex.

Realistic vendors wish these properties to be sold and are open to offers.

Property details and financial reports available upon request and viewing by appointment.

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Ref:2752457Last update:2025-06-23 15:21:02