104 Waimata Valley Road

Makauri Gisborne

1.16 ha.

Rural

Last sold for $665,000

Jacob Geuze, last sold this property on 23 March 2026 after 35 days on market.

Overview

Families, renovators, and investors

Set in a highly desirable part of the Gisborne flats, 104 Waimata Valley Road presents a genuine entry-level lifestyle opportunity with serious value-add potential. Recently relocated to site, the four-bedroom home is being sold as is, where is, with final works required to achieve full Code Compliance—making it an ideal project for builders, tradespeople, hands-on investors, or families ready to finish what’s been started. The main dwelling offers four bedrooms, open-plan kitchen and dining, a good-sized lounge and a usable deck, with key infrastructure already in place including new piles, plumbing and a septic system completed at the time of relocation. Positioned on approximately 1.16 hectares of fertile, elevated land, the property is flood safe and well suited to gardens, fruit trees, kids, pets and lifestyle living. Adding further upside is a separate three-bedroom, two-storey cottage, located around 60 metres away with its own access. While requiring a full renovation or redevelopment, it presents strong potential as an Airbnb, rental, guest accommodation or secondary family dwelling. Solar panels are already installed (not currently connected). With motivated vendors and multiple dwellings across separate accesses, this is a rare opportunity to secure a versatile holding with scope to renovate, add value and potentially generate multiple income streams. To fully appreciate the scale and potential on offer, inspection is essential. Auction (unless sold prior) 1pm, Fri 20 Mar 2026 Bayleys, 10 Reads Quay, Gisborne

Features

3 bedrooms

1 bathroom

1.16 ha. lot size

Rural

Estimated Value

We need at least 3 similar 3 bedroom rurals sold in Makauri over the last 12 months.

Property history for 104 Waimata Valley Road

2026

Sold

$665,000

23 Mar 2026 by Jacob Geuze, of Bayleys Gisborne

Happy sellers in Makauri

We have insufficient information to provide an overview of customer satisfaction for Makauri. Viewing the agent profiles, reviews and sales for Makauri can provide insights for this location.