280 Stout Street, Mangapapa, Gisborne
By Negotiation
6
2
1
+25
+24
Five-bedrooms plus sleepout - excellent income
Welcome to 280 Stout Street, a remarkable property that perfectly combines flexibility, comfort, and convenience. This spacious residence is ideal for those seeking a hands-on investment with lucrative rental opportunities. With its thoughtfully designed layout and strategic location, this house is a fantastic investment for savvy landlords. Currently run as a successful Boarding House there are five well-appointed bedrooms, each with a lockable door, ensuring privacy and personal space for all occupants. The property includes two modern bathrooms, separate lounge area and is designed under the Boarding House criteria, this layout allows for room-by-room renting, maximising your rental income potential while providing occupants with a home-like atmosphere. For those who appreciate the convenience of off-street parking there is space for up to six vehicles. The benefit of a garage and a carport secures additional storage options. Situated conveniently close to local shops and essential transport links, residents will enjoy quick access to amenities, including cafes, supermarkets, and recreational facilities. The easy accessibility to public transport ensures commuting is a breeze. Don’t miss the opportunity to own this outstanding property that offers excellent investment returns. Contact us today to arrange a viewing and see for yourself the possibilities this property has to offer.
Chattels
280 Stout Street, Mangapapa, Gisborne
Web ID
GIU207905
Floor area
152m2
Land area
827m2
District rates
$4635.87pa
LV
$275,000
RV
$750,000
6
2
1
By Negotiation
Print property flyer
View by appointment
Contact
Property enquiry
About the location
You might also like
3
1
1
Escape the hustle and bustle and embrace country life with this delightful rural cottage set in a peaceful and picturesque location. This genuine three bedroom home is perfect for easy country living. The well-kept cottage is an example of comfort and simplicity while giving the new owners room to move. The paddock at the rear of the property is ideal for living the good life. Create a garden, build the chook house and reap the rewards. The local primary school is just 3.5km away, making for rural schooling as the school bus is right at the gate. This is a fisherman's paradise - situated next to one of New Zealand's best trout fishing rivers - perfect for casting a line or take advantage of the rest of the river system for fishing and swimming. There are hunting opportunities close by as well, permission required. You can hear the deer roaring from the kitchen window. Why would you live in town? A mere 35 minute commute to Wairoa for work so you can get more for your money with this rural gem, offering space, privacy and fresh country air. Farm work is also abundant in the valley for those looking for local employment or a change of scene. Take advantage of the fantastic community spirit. The local hall is a true community hub, bringing neighbours together for events and social gatherings. Alternatively, buy this property for your holiday escape or B&B investment as it is currently used. Don’t miss this rare opportunity to enjoy the best of rural living! Open homes will be advertised soon. Call today to arrange a viewing.
Buyers $349,000+
Seize a rare opportunity to secure a premium parcel of coastal real estate in one of New Zealand's most picturesque regions. Positioned along the scenic Whangara coastline just north of Gisborne, 1087 Whangara Road presents a compelling investment proposition for developers, land bankers, and long-term visionaries. Boundaries are indicative only
Buyers $550,000+
Check out this fantastic opportunity! A spacious section for sale at 6 Allan Ave, offering 841 m2 of prime Makauri zoned land. Positioned perfectly to capture the sun's rays, this section is just waiting for your dream home plans to be submitted to the GDC. Plus, we've got house plans ready for purchase, designed to meet all building codes and crafted for modern, easy living. Don't miss out on the chance to build your dream home on this remarkable site!
$315,000
Request for information files
