Back 6 Herbert Street
Off Market

6 Herbert Street

Gladstone Southland

4
3
House
Last sold for $650,000
Adam LoveAdam Love, last sold this property on 18 December 2025 after 10 days on market.

Overview

Triple Income in Prime Gladstone Location

This character weatherboard home on Herbert Street has been thoughtfully converted into three separate flats, delivering strong rental returns in one of Invercargill's most desirable neighbourhoods. Gladstone's reputation as a sought-after area means tenants want to stay, and vacancies stay low. Current Rental Setup: - Flat 1 (one bedroom): $330 per week - Flat 2 (one bedroom): $310 per week - Flat 3 (two bedrooms): $330 per week - Total weekly income: $970 - All flats currently tenanted The property comes with peace of mind for investors - Healthy Homes compliance is complete and meth tests were conducted before the current tenants moved in, so you're buying a property that's ready to perform from day one. Property Features: - Character weatherboard home - Three separate self-contained flats - Each flat with its own kitchen and bathroom facilities - Heat pumps in all three flats - Separate meters for fair utility management - 675m² section (more or less) - Off-street parking This is straightforward investing - the property has been divided to maximize rental return while maintaining the character features that tenants appreciate. The Gladstone location is what really sets this apart from other multi-income properties on the market. It's an established neighbourhood where people choose to live, not just where they end up. The numbers tell the story: three income streams delivering $970 per week, all compliance sorted, and a location that keeps quality tenants in place. For investors looking at the Invercargill market, this is a proven performer in a premium suburb. Whether you're building a rental portfolio or looking for a solid addition to your existing investments, this property offers the combination of strong yield and desirable location that makes long-term sense. 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

Features

4 bedrooms
3 bathrooms
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Gladstone over the last 12 months, the estimated median property value of 6 Herbert Street is $740k.

Median value
$740k
Estimated value range
$349k - $1.44m
Median days on market
49
Estimated value trend
-10%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Gladstone. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 6 Herbert Street

2025
Sold
$650,000
18 Dec 2025 by Adam Love, of Smart Move Residential

Happy sellers in Gladstone

64%
64% 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 22 reviews in Gladstone over the last 12 months.

Local market activity for 4 bedroom houses in Gladstone

In the last 12 months, 18 four-bedroom houses similar to 6 Herbert Street, have been sold.

This represents a 280% decrease in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent