4/51 Louisa Street

Gladstone Southland

50 m²

Unit

Adam Love, last sold this property on 08 October 2026 after 27 days on market.

Overview

Two Bedrooms, Low Maintenance, Good Returns

More space means more appeal to tenants - and Flat 4 at 51 Louisa Street puts that to work for you. This two-bedroom concrete block unit sits at the end of a quiet, tree-lined street in Gladstone, currently tenanted at $350 per week and offering the kind of fuss-free ownership that busy investors appreciate. The location does a lot of the heavy lifting here. Gladstone is a solid, practical suburb with good tenant demand, and this particular street - north-facing, well set back from the road, and genuinely quiet - is the kind of address that holds its appeal. Concrete block construction and a recently replaced roof mean you're not inheriting a maintenance headache. Inside the Unit: - Spacious living area with high stud and heat pump - Kitchen with good bench and storage space - Two bedrooms, including one with built-in wardrobe - Bathroom/laundry with toilet, basin, and laundry facilities Outside: - Recently replaced roof - North-facing aspect with good sun - End position within the complex for added privacy - Shared off-street parking - Own crosslease title Three of the four units on this site is being sold separately (flat 3 is sold), giving you the flexibility to purchase just this one or build out a portfolio across the complex. At $350 per week with a tenant already in place, Flat 4 is a two-bedroom investment that earns well and asks little in return. To respect the privacy of the current tenant, this property won't have open homes. Private viewings are available by appointment - get in touch and we'll sort something out. Make the smart move - contact me today to arrange a viewing. Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Local Council and we have not been able to verify the accuracy of the same. Refer to our Passing Over of Information Statement at: https://www.smr.co.nz/passing-over-of-information Smart Move Residential is Powered by Agent X (2021) Ltd - Licensed Agent REAA 2008