Everyone knows you should definitely be getting into the Gisborne Real Estate market – this property presents to you a dual opportunity – an immediate rental income and also subdivision potential; investigate the options for multiple income streams that could be developed on this quarter acre site.

With rental accommodation at an unprecedented high demand, now is a great time to invest; this is the affordable property to get you started, and build-up your property portfolio.
Set on a sub dividable 1012sqm section – opportunities galore [add another dwelling, maybe two more flats*];
No restrictive covenants registered on the title – so relocatable homes … no problem;
Great tenants - really keen to stay on;
Current GROI is $12,480;
Convenience of shops, schools, bus stop, and Doctors only a short stroll away

Don’t wait and see what happens with this solid stucco – it’s on the market NOW and ready to sell.

A N D - Young first home buyers – you should take a look at this one too, it has the makings of a great first home!
RV                             $132,000
Annual Rates            $2,503.26
Land                         1012m2                 

[*subject always to due diligence investigations with the local Gisborne District Council and the appropriate Subdivisional/Resource Consent Approvals]

Call Tracy to view M: 027 553 5360 or P: 06 929 1933