152 Ormond Road, Mangapapa, Gisborne
Tender 12 November 2025
1,518m2

800m2











+90






+89





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
Tender (will not be sold prior)
Wednesday, 12 November 2025, 12.00pm
View by appointment
Contact

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About the location

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This is a substantial parcel of land right opposite Gisborne's industrial subdivision. With land in the subdivision at an absolute premium (if any were available) this block will make a secure investment for the future. Comprising just over 5.5 hectares with substantial industrial buildings of nearly 7,000 square metres leased to substantial food processing companies. Including high stud cold and cool stores with substantial warehousing. Included on the block is approximately 2.8 hectares of vacant land currently zoned Rural/Residential which lends itself to further development. The property is located with good road access to the main roads both north and south of Gisborne. Full information memorandum is available upon request to Property Brokers Commercial Division - Philip Searle.
$7,500,000 + GST (if any)

This office space is a fantastic opportunity for businesses looking for a premium location in Gisborne. Here's a summary of the key points: • Location: Central City, high profile corner site with excellent signage opportunities. • Size: 600 m2, with the option to subdivide into two tenancies • Condition: Completely stripped out and earthquake strengthened to 80% NBS, ready for a new fitout • Amenities: Onsite carparks with potential for additional parking. • Target Tenant: High-end tenants looking for high-quality office accommodation. • Customization: Opportunity for tenants to have substantial input into the design for the new premises. Would you like help with anything specific related to this property, such as a site visit, or something else? Contact: Phillip Searle for a confidential discussion.
By Negotiation

This freshly upgraded & well located warehouse will soon be available for long term lease. 80 m2 offices & kitchenette 375 m2 warehouse 1500 m2 yard area Key features: • high stud • roller door access • truck access • 3 phase power • heat pumps • industrial zoning Currently undergoing modernising works: • new paint - interior & exterior • epoxy flooring • new carpets • new entrance/doorway • concrete yard Contact agents today for more information or to arrange a viewing.
By Negotiation


































































































































































































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