Invest, improve or make it home

Listed 2 Sep
227 Stout Street, Mangapapa, Gisborne, Gisborne
Asking price $499,000
Details
- Land area
- 531m²
- Parking
- 1 car garaging
- Broadband
- ADSL, Fibre, Satellite, Wireless
- Capital value (CV)
- $503,000


Invest, improve or make it home
This three-bedroom, one-bathroom 1950s home is brimming with potential and ready for someone with a little vision to bring out its best. If you’ve been searching for your first home, a renovation project, or simply a property where you can get stuck in and add value, this could be the opportunity you’ve been waiting for. With solid bones and plenty of scope to refresh and modernise, there’s room to make your mark and create something really special. Set in popular Mangapapa, the location makes everyday life easy. You’ll be close to local schools, shops and amenities, with a naturopath right across the road and Mangapapa School nearby. Bring your ideas, roll up your sleeves and see where you could take it - this is a home with plenty of potential and a great opportunity to create something of your own.

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Local Schools
- MANGAPAPA SCHOOL5 Rua StreetRoll: 410
- GISBORNE INTERMEDIATE156 Roebuck RoadRoll: 501
- CAMPION COLLEGECampion RoadRoll: 475
- ILMINSTER INTERMEDIATE70 De Lautour RoadRoll: 308
- MANGAPAPA KINDERGARTEN2 Rua StreetRoll: 24
- MANGAPAPA PLAYCENTRE351 Ormond RoadRoll: 12
- GISBORNE MONTESSORI PRESCHOOL207 Ormond RoadRoll: 59
- BUSY BEES WELLINGTON STREET22 and 24 Wellington StreetRoll: 72
- GISBORNE GIRLS' HIGH SCHOOL555 Gladstone RoadRoll: 691
- REWANUI EARLY LEARNING CENTRE531 Gladstone RoadRoll: 59
- RIVERDALE SCHOOL (GISBORNE)324 Stout StreetRoll: 159
- TE HAPARA SCHOOL31 Mill RoadRoll: 205
- TE KURA KAUPAPA MAORI O HOROUTA WANANGA30 Desmond RoadRoll: 186
- GISBORNE BOYS' HIGH SCHOOL80 Stanley RoadRoll: 790
- LYTTON HIGH SCHOOL347 Nelson RoadRoll: 551
- TE WHARE WHAI HUA TEENAGE PARENT CENTRENelson Road
- TKKM O NGA URI A MAUI349 Nelson RoadRoll: 221
- GISBORNE CENTRAL SCHOOL7 Central StreetRoll: 379
- SONRISE CHRISTIAN SCHOOL138 Potae AvenueRoll: 145
- TE KURA KAUPAPA MĀORI O HAWAIKI HOU264A Lytton RoadRoll: 89
- WAIKIRIKIRI SCHOOL7 Pickering StreetRoll: 219
Location info
Tour the property
There are currently no open home times scheduled, please reach out to the agent to find a time.
Property insights
HomesEstimate
- Updated
- October 1, 2026
- Estimated value
- $510K - $590K
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- August 1, 2023
- Capital value
- $503,000
- Land value
- $211,000
- Improvement value
- $292,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 510K - 590K
- Suburb median
- Mangapapa: 600K




