RateMyAgentGo to search
Back 111 Russel St
Off Market

111 Russel St

Gladstone Southland

5
3
746 m²
House
Mark ElderMark Elder, last sold this property on 22 April 2026 after 44 days on market.

Overview

Exceptional Home & Income Opportunity

Welcome to 111 Russel Street Gladstone Invercargill. Investors and opportunity seekers will immediately recognise the value offered by this versatile and income-generating property. Cleverly configured to maximise rental potential, this substantial residence provides three separate accommodation options under one roof. Upstairs, a spacious three-bedroomed home offers comfortable north facing living living and separate dining and kitchen, creating a warm and functional space suited to long-term tenants or owner-occupiers. Elevated from the street, this level enjoys privacy and a traditional home layout. Downstairs, the property has been thoughtfully arranged into two self-contained one-bedroom units, each offering independent living. These well-defined spaces provide excellent flexibility for tenants seeking privacy, making them highly attractive in the rental market. With multiple income streams and strong rental appeal, this is a property that delivers both flexibility and financial potential. Rent the entire property to maximise returns, or live upstairs while the two lower units help offset the mortgage. Purchasers will need to do their own due diligence with regards to Healthy Homes certification. A rare opportunity to secure a home and income investment in a great Invercargill location, where smart configuration meets strong earning potential. Don't wait to contact either Mark (02102715522) or Shelley (02102602412) to discuss all this property has to offer. Property Files link: https://www.propertyfiles.co.nz/property/111russel Please be aware that this information has been sourced from third parties. View our property information disclaimer here: raineandhorne.co.nz/property-disclaimer

Features

5 bedrooms
3 bathrooms
746 m² lot size
House

Estimated Value

We need at least 3 similar 5 bedroom houses sold in Gladstone over the last 12 months.

Property history for 111 Russel St

2026
Sold
Undisclosed
22 Apr 2026 by Mark Elder, of Raine & Horne Invercargill

Happy sellers in Gladstone

61%
61% of sellers in Gladstone reported that their sale price either exceeded or met their price expectations.

Gladstone stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Gladstone over the last 12 months.

Local market activity for 5 bedroom houses in Gladstone

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Gladstone

placeholder
Carl Wilson

Carl Wilson is an award winning recommended agent for Gladstone.  They have 3 local sales and collected 4 local reviews across the last 12 months.

  •   5   (93 reviews)
  •  4 Reviews in Gladstone
  •  3 Sales in Gladstone
View profile
placeholder
Mark Elder

Sellers who recommend Mark Elder have praised them for being clear communication, local expert, supportive, responsive, friendly, honest and easy to work with

  •   4.9   (124 reviews)
  •  3 Reviews in Gladstone
  •  5 Sales in Gladstone
View profile
placeholder
Max Kumm

Sellers who recommend Max Kumm have praised them for being clear communication, honest, local expert, friendly, responsive, pleasant and trustworthy

  •   4.9   (31 reviews)
  •  3 Reviews in Gladstone
  •  2 Sales in Gladstone
View profile
placeholder
Daryl Spence

Daryl Spence is a recommended agent for Gladstone.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (59 reviews)
  •  3 Reviews in Gladstone
  •  3 Sales in Gladstone
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap