169 Stout Street, Mangapapa, Gisborne

Families will love this....

Bigger, better than No 167 Stout Street!

Five bedrooms, approx, 150sqm floorplan, double garage, 1237sqm section.

Open plan kitchen /dining / lounge. Lounge with woodfire.

Nice deck to catch all day sun and obvious potential to renovate to provide indoor / outdoor flow at the rear.

Once again, a variety of options present themselves when considering this property - renovate the house and redevelop the section, landbank, first home, investment.

Very rarely do adjacent properties like this come on to the market at the same time. With a total area of 2249sqm available when considered in conjunction with No 167 Stout Street, there is potential to subdivide and build four or five quality homes.

As an alternative, additional existing houses could be relocated on to the rear of the sections to increase rental yield.