OWN A GISBORNE LANDMARK — INVEST, OCCUPY OR REIMAGINE

The Gisborne Bakehouse Building | Aitken Street, Gisborne
Approximately $130,000 annual rental income | Two tenancies | Vacant possession available by agreement
Secure a prominent position in the heart of Gisborne with a commercial property offering an appealing combination of current income, main-street presence and future possibilities. Commercial 1 zoning, approximately 11.73 metres of Aitken Street frontage and 10 parking spaces.
Set on approximately 560 m² of centrally located land, the substantial two-storey building provides approximately 405 m² of lettable accommodation, complemented by additional space for on-site parking or potential future expansion, subject to approval.
Home to Gisborne Bakehouse & Café on the ground floor and Gisborne Mixed Martial Arts upstairs, this substantial two-storey freehold presents an opportunity for investors, owner-occupiers and buyers with a vision for its next chapter.
Currently returning approximately $130,000 per annum across two tenancies, the property offers an existing income stream alongside the flexibility to explore future leasing opportunities, improvements and alternative uses.
Its prominent Aitken Street frontage is complemented by rear access from Heritage Way and on-site parking—practical advantages that add another dimension to this central commercial holding. The land behind the building provides valuable flexibility: retain space for parking and operational requirements, or investigate the potential to extend the premises and make greater use of the site, subject to the necessary approvals.
For buyers looking beyond a traditional investment, vacant possession may also be arranged.
Imagine establishing a destination restaurant, a function venue, a sports bar or club, or a distinctive hospitality or retail concept in the centre of town. Alternatively, explore occupying one level for your own business while retaining rental income from the other. These possibilities are subject to existing tenancy arrangements, suitability of the premises and relevant approvals.
The location is an integral part of the appeal. Gisborne’s established shops, cafés and parklands create an attractive town-centre setting, while the Gisborne Olde Time Market, held along Aitken and Hamilton Streets, adds to the area’s community and visitor appeal.
Set within a growing township, the property also benefits from the broader appeal of Gisborne, where Council’s long-term planning is focused on accommodating an expanding community and its future retail, employment and service needs.
Whether your priority is rental income, a central home for your business or the opportunity to create something new, this versatile freehold deserves your attention.
Invest in its present. Explore its potential. Make your mark in the heart of Gisborne.
Contact Jayson Ryder at Professionals Ryder Real Estate Melton for further information, tenancy details or to arrange a private inspection.
Alternative uses, alterations and expansion are subject to relevant planning, building and licensing approvals. Vacant possession is subject to agreed terms and existing tenancy arrangements.