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Set & Forget — Gladstone One-Bedder

Smart Move Residential Limited - Powered by Agent X  (2021) Ltd, (Licensed: REAA 2008)

Listed 11 Sep

2/51 Louisa Street, Gladstone, Invercargill, Southland

Asking price $265,000

Bed1
Bath1
Floor area40m²

Details

1 bedroom
1 bathroom
1 off street park
Unit
Floor Area
40m²
Broadband
Fibre, Satellite, Wireless
Property interior
Property interior

Set & Forget — Gladstone One-Bedder

If your ideal investment is one that quietly gets on with the job, Flat 2 at 51 Louisa Street might be exactly what you've been looking for. Tucked away on a peaceful, tree-lined street in Gladstone, this north-facing concrete block unit is currently advertised at $340 per week - reliable income in a location that tenants genuinely enjoy calling home.

Concrete block construction keeps ongoing maintenance to a minimum, and a recently replaced roof means the major work is already done. This isn't a property that's going to demand your weekends or your attention — it's a clean, simple hold in a convenient suburban location.

Inside the Unit:

  • Comfortable living area with heat pump for year-round warmth
  • Functional kitchen with tiled floor
  • One bedroom with wardrobe
  • Combined bathroom and laundry with toilet and basin

Outside:

  • Recently replaced roof
  • North-facing with good natural light
  • Shared off-street parking
  • Set well back from the road in a quiet, tree-lined street
  • Own crosslease title

Three of the four units on this site are being sold independently (Flat 3 is sold), so this is a standalone purchase with no strings attached - though if you like what you see, there's more to consider next door. Low maintenance, good location, tenant in place. It really is that simple.

We're conscious of our tenant's privacy, so open homes won't be held here. Private viewings can be arranged at a time that suits - just reach out and we'll make it happen.

Make the smart move - contact me today to arrange a viewing.

Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Local Council and we have not been able to verify the accuracy of the same. Refer to our Passing Over of Information Statement at: https://www.smr.co.nz/passing-over-of-information Smart Move Residential is Powered by Agent X (2021) Ltd - Licensed Agent REAA 2008

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1,895
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32
Watchlisted
30
Days on site

2/51 Louisa Street has been viewed 1,895 times since it was first listed on 11 September. There are 32 people keeping an eye on it.

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Local Schools

  • ST JOHN'S GIRLS' SCHOOL (INVERCARGILL)349 Dee StreetRoll: 126
  • WAIHOPAI SCHOOL121 Herbert StreetRoll: 354
  • SOUTHLAND ADVENTIST CHRISTIAN SCHOOL21 Durham StreetRoll: 129
  • JAMES HARGEST COLLEGE282 Layard StreetRoll: 1887
  • VERDON COLLEGERockdale RoadRoll: 684
  • GLADSTONE PRE-SCHOOL20 Lewis StreetRoll: 89
  • BLUE DUCK CHILDCARE (WAIHOPAI) LIMITED167 Bill Richardson DriveRoll: 108
  • ACTIVE EXPLORERS INVERCARGILL70 Arena AveRoll: 98
  • BESTSTART KELVIN STREET174 Kelvin StreetRoll: 87
  • BESTSTART WAIHOPAI KINDY168 Kelvin StreetRoll: 23
  • SOUTHLAND BOYS' HIGH SCHOOL181 Herbert StreetRoll: 1078
  • WINDSOR NORTH SCHOOL91 Chelmsford StreetRoll: 326
  • DONOVAN PRIMARY SCHOOL200 Drury LaneRoll: 378
  • INVERCARGILL MIDDLE SCHOOL31 Jed StreetRoll: 155
  • ST THERESA'S SCHOOL (INVERCARGILL)161 King StreetRoll: 277
  • ST JOSEPH'S SCHOOL (INVERCARGILL)70 Eye StreetRoll: 153
  • MURIHIKU YOUNG PARENTS' LEARNING CENTREIsabella Street
  • SOUTHLAND GIRLS' HIGH SCHOOL328 Tweed StreetRoll: 1076
  • ASCOT COMMUNITY SCHOOL580 Tay StreetRoll: 237
  • TE WHAREKURA O AROWHENUA734 Tweed StreetRoll: 192
  • AURORA COLLEGE234 Regent StreetRoll: 579

Location info

2/51 Louisa Street, Gladstone, Invercargill, Southland

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
$260K - $300K

What is the HomesEstimate?

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
July 1, 2023
Capital value
$215,000
Land value
$65,000
Improvement value
$150,000

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: 260K - 300K
Suburb median
Gladstone: 645K

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