10 Taruheru Crescent
Mangapapa, Gisborne District
SOLD
3
1

Attn: bargain hunters

Nothing in life is free, but this could be a steal!

My vendors have made it clear, 10 Taruheru Crescent is now surplus to their requirements and they want it SOLD.

The perfect opportunity for a sharp investor to add a tidy money maker to their repertoire. This three bedroom property has retained its devoted tenant for over fifteen years and they would love to stay on. Currently returning $525 per week - a potential yield of over 7% is hard to find and is a logical choice for any investment.

Set on a manageable 596sqm corner section with dual access, the home has a sunny patio area and shed plus a fully fenced yard. The modest interior will suit a purchaser who wouldn't mind rolling up their sleeves - with some cosmetic upgrades to elevate the overall appeal there is a potential to increase rental income even further. Alternatively, 10 Taruheru Crescent would suit the first home buyer looking for a comfortable, functionable home on a humble budget.

Whether you're a seasoned investor or just kicking off your property journey, this one deserves your attention.

For further property information and direct document downloads please visit www.rwgisborne.co.nz/GIS31510

Auction: 11am, Saturday 16 March 2024 (unless sold prior)
152 Grey Street, Gisborne

Open Homes

Property Features

Property ID: GIS31510
Bedrooms: 3
Bathrooms: 1
Building: 90m2
Land: 596m2
Listed By:CO-LAB Real Estate Limited Licensed (REAA 2008)
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Chattels:

  • Extractor Fan
  • Light Fittings
  • Floor Covers
  • Garden Shed
  • Rangehood
  • Curtains
  • Stove
Nina Destounis, Residential Specialist at Ray White Gisborne