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Gisborne Median Price
Gisborne Median Rent
Outer Kaiti rent price
Gisborne schools
A6 Rutene Road, Outer Kaiti
$595,000 listed in May 2014
House: 13 Bed rooms 3 Bath rooms
Land size: 1,156 sqm | Building size: 435 sqm [Measure]
Agent: Bronwyn Kay Agency Ltd Gisborne

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Property Description:
An opportunity exists for the most discerning of investors. This boarding house is generally runs at 80-90% of capacity and has very favourable returns. As with any quality investment, opportunity exists to increase returns, and with decisions all about the money working right, this one certainly will keep the bank manager happy. With the owners living out of town, it is time they retire this profitable asset after 8 years of ownership and seek investment closer to their new home.

The returns are as follows and out goings at approximately $22,000 per annum:
Nearby Schools:
NameTypeDecileDistance
Whangara SchoolPrimary21.4 km
New Life Christian SchoolPrimary11.8 km
Waikirikiri SchoolPrimary12.2 km
Gisborne Boys' High SchoolSecondary32.2 km
Tiniroto SchoolPrimary52.4 km
>>More schools

The property data is from the public websites.

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