The Agency Real Estate 2026 Limited
The Agency Property Management

Set-and-Forget Investment with Excellent Tenants!

Web Ref#TA3152

This solid investment opportunity features two units on one title, both currently tenanted at $570 per week each, delivering a strong combined rental return of $1,140 per week.

The property is home to wonderful tenants who have indicated they would love to stay on beyond the end of their fixed-term tenancies in September 2026, providing investors with continuity and peace of mind.

Recently refreshed with a new kitchen, bathroom, and carpet, the units offer comfortable, modern living and have been well maintained, presenting in excellent condition with very minimal maintenance required moving forward. New heat pump's have been installed for heating source and there's separate meters for each unit.

With annual rates of $7,080.99, and Healthy Homes compliance secured, this is a tidy, low-maintenance addition to any investment portfolio.

Positioned outside of the flood zone as indicated on the Gisborne District Council (GDC) website, this adds further confidence to an already appealing investment.

Opportunities like this are in high demand and won't last long, early action is recommended.

Contact Karyn or Shannon today to request the information pack and a copy of the Sale and Purchas

$699,000

Additional Features

  • Rates: $7,080.99

  • Rateable Value: $471,000

  • Year Built: 1970-79

  • Lot Features: ROW

  • Roof: Concrete Tile, Corrugated Iron

  • Exterior: Fibre Cement

Karyn Anderson (Phone 027 515 5398)
Karyn Anderson
Sales Agent
Shannon Sheridan (Phone 021 833 330)
Shannon Sheridan
Principal | Sales Agent