Set on a sprawling 1.62 hectares, this property isn't just earning its keep with an annual rental income of $40,640 - it's also offering up bonus land that's as flexible as your imagination. With a 274 sqm commercial style building on site and a flat area out front perfect for parking logging equipment, machinery, trucks, or anything else you fancy, this is a golden opportunity for investors or business owners looking for space to grow. Whether you're after solid returns, room to expand, or both - this one delivers.

Buyers $450,000+

Build Your Dream Home with Sea Views This exceptional 1.5 hectare (more or less) section offers the perfect blend of country tranquillity and sea views. Set among rolling hills with far-reaching outlooks over Sponge Bay, this is the chance to create your dream home in one of Gisborne's sought after lifestyle areas. Highlights: • Stunning sea views towards Sponge Bay from the elevated building platform • Fully engineered, geotech certified, and stormwater drained site, ready to build • Resource consent already approved, with power and broadband services nearby • Protective covenants ensuring quality homes and preserving your outlook • Established tree screening and a 9m height allowance, ideal for a two-storey home to maximise the views • Just 2km from Wainui Beach and 5km to Gisborne's vibrant city centre and waterfront cafes.

By Negotiation

Situated in the heart of Matawai village, you're close to the local country school, community amenities, and positioned conveniently halfway between Gisborne and Ōpōtiki. It's an excellent blend of rural charm, space, and affordability. Enjoy the rural surrounds and discover this warm, welcoming cottage, perfect for families, lifestyle seekers, or as a base to enjoy what the region has to offer in the great outdoors. The property features multiple sheds, and plenty of room for running an animal or two. Ideal for those wanting a self-sufficient lifestyle. Run a few hens and enjoy a hearty breakfast of fresh eggs on toast, grow your own veges, life cannot get much better. Pure rural NZ. If you're into hunting, fishing, cycling, or the great outdoors, this is the perfect base for adventure. There's also genuine potential to set the home up as a B&B, homestay, or holiday rental. With two titles and scope to add value, this is an attractive opportunity for families, investors, or a keen handyperson wanting to refurbish and modernise. Don't miss out - get in touch to arrange a viewing and see the possibilities this unique property offers.

Auction 11 December 2025