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Solid Return

When you are looking for a good investment there are several important factors to take into account. Is there going to be lots of maintenance? Are you going to get a good tenant? Is the location good for renting out? This one ticks all those boxes! Very sturdy ex-state house with a fabulous immaculate long term tenant (since 2014) in place. Conveniently located directly opposite Elgin Shops and walking distance from Te Wananga O Aotearoa and Gisborne Boys and Girls High Schools. Partially fenced and with a large back yard and lockable storage shed. The current tenant is paying $245 per week and there may be room for this to be increased. Gisborne property is showing good growth and some of the best investment returns in the country. This is a good steady earner and tidy investment properties are being snapped up, so don't delay. Calling for reasonable offers, please call me for further information.

By Negotiation

Legal Description

Fee Simple
Lot: 4 DP: 4522
CT: GS1D/175
Being more particularly described in the attached Certificate of Title. Free of all charges

Land Area

650 m²

Floor Area

80 m²

Year Built

1940-49

Dianne Holland

Sales

Phone: 06 869 0088
Mobile: 027 442 2588

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