A selection of harbour and city side studio and 1 bedroom apartments, with access to large outdoor areas, waterfront walkways and forming part of Gisbornes’ Portside Hotel, are now available for purchase. This is your opportunity to invest in a fantastic freehold waterfront location and Gisborne’s favoured hotel!
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Superbly located for business and leisure
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Freehold title
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Leased to and fully managed by Portside Hotel
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Superior solid concrete block construction
THIS UNRIVALLED INVESTMENT PACKAGE INCLUDES:
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Initial rental return of 5% for years
1 & 2. 2 yearly rent reviews thereafter
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Extensive furnishing package (valued
at $12,500 - studio, $22,500 – one bedroom)
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24 hour on site management
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Personal use of hotel services and
facilities for 31 days per annum
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Individually controlled air conditioning
in each apartment
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High quality kitchen fit out
GUESTS AND INVESTORS OF PORTSIDE
HOTEL ENJOY:
• Great waterfront location with marina, port and sea views
• Prime CBD location and only 5 minutes walk to Waikanae Beach
• Outdoor swimming pool and gymnasium
• Broadband Internet access in every apartment
• Sophisticated and contemporary décor
Capitalise on this excellent fully managed tourism and lifestyle opportunity
PRIME WATERFRONT PROPERTY PRICED FROM $199,000 + GST (FULLY FURNISHED)