116-120 Gladstone Road, Gisborne
Tender 22 January 2026
645m2
890m2
+13
+12
Landmark building with penthouse apartment
116 - 120 Gladstone Road, Gisborne - a prestigious piece of Gisborne real estate. Earthquake strengthened to modern standards and now transformed into one of Gisborne's most compelling live and earn opportunities in the heart of the city. Top floor penthouse: take the stairs or ride the chair-lift straight to the top floor and you're home. This luxurious penthouse has been completely reimagined. Expansive open plan living, large windows framing the city with all day sun, two well-appointed bathrooms including a full master ensuite and two outdoor decks, one overlooking Gladstone Road. Behind it: on the upper level but with separate rear access, are two additional apartments and a large studio. The separate accommodation includes a generous two-bedroom apartment, one-bedroom apartment and a separate studio that is currently operating as a yoga studio. Live in the penthouse and let these three additional spaces to cover a serious proportion of the overheads or keep them for family and guests. On the ground floor: three premium retail leases on Gladstone Road, delivering proven returns from day one. Rear access: a large four-car secure carpark awaits behind electric gates, in addition to three-car garaging with expansive, secure storage. No Body Corporate, no fees. Pets allowed if you choose. Full flexibility and total control. First time on the market in 30 years and held by only two families since 1904. For the discerning buyer who wants a statement property that performs as impeccably as it impresses. 116 -120 Gladstone Road meets the highest expectations and surpasses them. Viewing by appointment.
116-120 Gladstone Road, Gisborne
Web ID
GIC216469
Floor area
890m2
Land area
645m2
RV
$1,895,000
Tender (unless sold prior)
Thursday, 22 January 2026, 12.00pm
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