Opportunities like this don't come along often - Secure your piece of prime real estate in one of Gisborne's most sought-after suburbs. Positioned in tightly held Whataupoko Units 1-5 / 36 Sievwright lane offers 5x 2 bedroom, low maintenance units, split over 2x seperate dwellings on one large 2558m2 freehold title.
Each unit is tidy and functional with open plan living/dining and single car garaging. Currently fully tenanted and delivering reliable returns, this is a turn-key portfolio addition or a strategic acquisition for future redevelopment (subject to consents).
Location is second to none, sitting up top the hill, the property offers panoramic vistas right across the City and out over the Ocean - walking distance to Ballance Street Village, top Schools, parks and even the CBD!
Extensive upgrades to the land including fully concrete driveway and parking areas, drainage and retaining walls ensures future stability and protection.
With options aplenty simply buy and hold as-is for a strong holding yield, explore rent increases or renovations this is the Gold standard of multi-unit buying.
Price by Negotiation
