49 Awapuni Road, Awapuni, Gisborne

Other
Tender
Tender
Published on: 08 Jul 2026
Last updated on: 04 Aug 2026
49 Awapuni Road, Awapuni, Gisborne
49 Awapuni Road, Awapuni, Gisborne
49 Awapuni Road, Awapuni, Gisborne
+11
49 Awapuni Road, Awapuni, Gisborne
  • 11
Property ID: 380066129012
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Key property information

Land Size
3,871.00 m2
Floor Area
2,914.00 m2

Premium investment with strong tenant covenant

49 Awapuni Road, Awapuni, Gisborne
A rare opportunity to secure a high-profile, fully leased investment property anchored by two established national operators in one of Gisborne’s most prominent industrial locations.The property at 49 Awapuni Road is home to CityFitness Gisborne and Sunshine Brewery, both well-established tenants drawing consistent patronage and benefiting from strong brand recognition within the region.The building has been strengthened to 80% of New Building Standard (NBS), providing investors with a robust seismic rating and reduced risk profile. This level of structural compliance is increasingly sought after in the current market and ensures long-term tenant security.The investment is underpinned by a Weighted Average Lease Term (WALT) of approximately 8.5 years, providing excellent income stability and minimising vacancy risk.Positioned in a high-exposure Awapuni Road location, the property benefits from strong passing traffic, excellent accessibility, and proximity to key industrial and commercial users, further enhancing its long-term versatility.Tender (unless sold prior)4pm, Thursday 13 August 2026Bayleys, 10 Reads Quay, GisborneBoundary lines are indicative only.

Property Details

Basic Info

Property Type
Other
Land Size
3,871.00 m2
Address
49 Awapuni Road, Awapuni, Gisborne
Contact Agent
Colin McNab
Colin McNab
Mike Florance
Mike Florance
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Colin McNab
Mike Florance
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      Property ID: 380066129012

      Original Property ID: 43076453
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