14 De Lautour Road, Kaiti, Gisborne, Gisborne

PRICED TO SELL AT $679,000 - ALL OFFERS CONSIDERED

Set on a generous section with future potential, this property offers the ideal combination of family living, extra income, and land to grow. Whether you're looking to accommodate extended family, offset the mortgage, or secure a smart investment, this versatile opportunity delivers flexibility from day one.

The main home is vacant and ready for you to move in or rent out, while the converted sleepout already has a tenant in place who would love to stay on — creating immediate cashflow from settlement.

Key Features:

• Tenant already in place in the converted sleepout paying $550pw + $50pw for power
• Main dwelling estimated rental return: $650–$680 per week
• Combined potential return of approximately $1,280 per week
• Converted garage/sleepout with compliant plumbing, electrical
• Drainage compliant for Healthy Homes
• Healthy Homes compliant for both the main dwelling and sleepout
• Subdivision potential at the rear of the section
• Spacious land offering room for kids, pets, or future plans
• Solid tongue-and-groove paneling and some new carpet throughout
• Power meters not separated, estimated cost to split: $8,000 – $10,000
• GDC Rates: $4,244.47 per year
• Insurance: $5,372.00 per year

A LIM report and building report are available upon request.

Contact us today for the information pack and Sale & Purchase Agreement. Offers can be made subject to your due diligence.