20 Cobden Street, Gisborne

Auction 23 October 2025
3
Bedrooms
1
Bathrooms
1
Garages

+12

+11

Deceased Estate - Ignore Valuations

Looks easy … Watched a few home renovation shows on TV? Welcome to 20 Cobden Street. Bring your builder, you will need one. You won't find a cheaper entry into Gisborne central city living. This has to be one of the cheapest entries into the area possible. There's serious work required but there is a gold mine here. Ignore the RV valuation there's serious money to be made here. Proudly offered for the first time in over 40 years, this much loved three-bedroom home is part of a deceased estate and sits in a prime location close to the city. Having been in the same family for generations, it now offers a rare chance for new owners to reimagine its future. Set on an expansive 678 m2 freehold section, this property is full of promise. Whether you are a renovator looking to restore its original charm, a home buyer ready to create your dream residence, or a developer exploring subdivision potential, the opportunity here is undeniable. Homes like this, with a rich history, character filled bones and increased land value are becoming harder and harder to find. With the perfect blend of location, land size and potential, this is your chance to secure a true gem. Don't miss out on this ideal opportunity. Get in touch with Shane today and start planning how you'll Renovate, Reside and/or subdivide.

Chattels

Bath, Clothesline, Fixed Floor Coverings, Garden Shed, Letterbox, Net Curtains, TV Aerial
20 Cobden Street, Gisborne

Web ID

GIU207113

Floor area

121m2

Land area

678m2

District rates

$3,842.79pa

LV

$270,000

RV

$468,000

3
Bedrooms
1
Bathrooms
1
Garages
Auction (unless sold prior)

Thursday, 23 October 2025, 12.00pm

Property Brokers, 66 Reads Quay, Gisborne

Upcoming open home(s)
Sat 04 Oct 12:00pm - 12:30pm
Sat 11 Oct 12:00pm - 12:30pm
Sat 18 Oct 12:00pm - 12:30pm

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Shane Murrell

Shane Murrell

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GIU207113

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Looks easy … Watched a few home renovation shows on TV? Welcome to 20 Cobden Street. Bring your builder, you will need one. You won't find a cheaper entry into Gisborne central city living. This has to be one of the cheapest entries into the area possible. There's serious work required but there is a gold mine here. Ignore the RV valuation there's serious money to be made here. Proudly offered for the first time in over 40 years, this much loved three-bedroom home is part of a deceased estate and sits in a prime location close to the city. Having been in the same family for generations, it now offers a rare chance for new owners to reimagine its future. Set on an expansive 678 m2 freehold section, this property is full of promise. Whether you are a renovator looking to restore its original charm, a home buyer ready to create your dream residence, or a developer exploring subdivision potential, the opportunity here is undeniable. Homes like this, with a rich history, character filled bones and increased land value are becoming harder and harder to find. With the perfect blend of location, land size and potential, this is your chance to secure a true gem. Don't miss out on this ideal opportunity. Get in touch with Shane today and start planning how you'll Renovate, Reside and/or subdivide.

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