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Outer Kaiti

5a and 5b Lyell Road, Outer Kaiti, Gisborne

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3,333sqmΒ Land area SQM
4Β Bedrooms
2Β Lounges
2Β Bathrooms
2Β Parking

Auction

(unless sold prior)

Investment opportunity plus...


5a and 5b Lyell Road offers a fantastic opportunity to an astute buyer. Not only are there 2 x 2 bedroom flats offering a great investment return - look at the 3,333sqm section! Over 3/4 of an acre with potential to develop further, subject to appropriate consents.
The two bedroom flats are each in very tidy condition and comply with the current Healthy Homes Standards. Both are currently tenanted with extremely good tenants in place.
With four bedrooms in total on offer, those buyers considering purchasing a family home with a large section should also view. Or how about living in one unit and renting out the other? This property really does offer an investment opportunity plus!

Auction
(unless sold prior)

10 Reads Quay, Gisborne

12

Feb

Time1pm
Calander
Calendar
Richard Pearce

Richard Pearce


Bousfield Macpherson Ltd, Bayleys,
Licensed under the REA Act 2008
Kerry Low

Kerry Low


Bousfield Macpherson Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Investment


Two rental streams and great tenants.

Low maintenance


Hardiplank exterior, interior furnishings in good condition.

Potential to develop


Subdivision possibilities or maybe build/relocate on vacant area.