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Back 2/24 Reads Quay
Off Market

2/24 Reads Quay

Gisborne Gisborne

1
1
30 m²
Apartment
Dianne HollandDianne Holland, last sold this property on 02 July 2025 after 652 days on market.

Overview

Phenomenal returns - approx. 9% Net!

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.

Features

1 bedroom
1 bathroom
30 m² floor area
Apartment

Estimated Value

We need at least 3 similar 1 bedroom apartments sold in Gisborne over the last 12 months.

Property history for 2/24 Reads Quay

2025
Sold
02 Jul 2025 by Dianne Holland, of Bayleys Gisborne

Happy sellers in Gisborne

84%
84% of sellers in Gisborne reported that their sale price either exceeded or met their price expectations.

Gisborne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Gisborne over the last 12 months.

Local market activity for 1 bedroom apartments in Gisborne

In the last 12 months, 2 one-bedroom apartments similar to 2/24 Reads Quay, have been sold.

This represents a 200% decrease in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Gisborne

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Kerry Low

Sellers who recommend Kerry Low have praised them for being clear communication

  •   5   (56 reviews)
  •  7 Reviews in Gisborne
  •  5 Sales in Gisborne
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Jenny Murray

Sellers who recommend Jenny Murray have praised them for being local expert and clear communication

  •   4.9   (27 reviews)
  •  5 Reviews in Gisborne
  •  5 Sales in Gisborne
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Dianne Holland

Sellers who recommend Dianne Holland have praised them for being clear communication, local expert, reliable and supportive

  •   5   (39 reviews)
  •  3 Reviews in Gisborne
  •  3 Sales in Gisborne
View profile
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Shannon Sheridan

Sellers who recommend Shannon Sheridan have praised them for being clear communication, friendly, local expert, supportive, responsive, honest and pleasant

  •   4.9   (97 reviews)
  •  1 Review in Gisborne
  •  1 Sale in Gisborne
View profile
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