664 Gladstone Road, Te Hapara, Gisborne

Tender 19 August 2025
15
Bedrooms
7
Bathrooms
2
Garages

+60

+59

Versatile Property - Four bed home, Six units plus

Introducing a remarkable opportunity at 664 Gladstone Road, where modern comfort meets investment potential. This property features a beautifully renovated main residence coupled with multiple independent living units, making it an ideal choice for savvy investors or those looking to provide onsite management. With a wealth of accommodation available, this property is a standout in the market. At the front of the property is a fully renovated and redecorated four-bedroom home. Perfect for family life, the main house offers ample room for relaxation and entertainment. In addition to the primary residence, five two-bedroom flats and a one-bedroom flat, provide an excellent opportunity for rental income. Each flat is thoughtfully laid out, offering comfortable accommodation with their own unique charm while being convenient to shops, schools, and local amenities. This diversified living option enhances the property’s appeal, making it a viable investment in today's housing market. For the car enthusiast or those requiring ample storage, this property comes equipped with a double garage featuring additional storage space, a double carport, and seven single carports. This abundance of parking not only accommodates multiple vehicles but provides practical solutions for storage needs, making it an ideal setup for families or tenants. There is ample off-street parking, ensuring that guests will always have a convenient place to park. Moreover, the site presents potential for future development, presenting an exciting opportunity to add additional units and increase rental yields. Situated in a convenient location close to town, there is easy access to shops, transport links, schools, and other essential amenities. This prime location not only offers quality of life for residents but also augments the investment potential of the property as the area continues to grow and evolve. In summary, 664 Gladstone Road is a unique and expansive property that perfectly balances residential comfort with exceptional investment opportunities. With its multitude of living spaces, generous off-street parking, and prime location, it is poised to attract both families and investors alike. Don’t miss the chance to own this property - contact us today to arrange a viewing.

Chattels

Electric Stove, Heat Pump and Remote X8, Letterbox, Net Curtains, Range Hood, TV Aerial, Double Garage On Site (Excluded Chattels: Standalone drawer in kitchen of flat 5 belongs to tenant. Garden shed at flat 6 belongs to tenant)
664 Gladstone Road, Te Hapara, Gisborne

Web ID

GIU206247

Floor area

510m2

Land area

3,274m2

District rates

$24,744.48pa

LV

$720,000

RV

$2,300,000

15
Bedrooms
7
Bathrooms
2
Garages
Tender (will not be sold prior)

Tuesday, 19 August 2025, 12.00pm

Upcoming open home(s)
Sun 03 Aug 11:00am - 11:30am
Sun 10 Aug 11:00am - 11:30am

Contact


Penny Pardoe

Penny Pardoe

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Property enquiry for
GIU206247
Roger Faber

Roger Faber

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About the location


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By Negotiation

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