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Te Hapara

47 Centennial Crescent, Te Hapara, Gisborne

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10ย Bedrooms
4ย Lounges
4ย Bathrooms
4ย Offstreet
1,669sqmย Land area SQM

Outstanding multi-unit opportunity!


Surplus to requirements and in need of remediation, this unique offering comprising of two 3-bedroom, and two 2-bedroom attached dwellings on a huge 1669 sqm section.

Art Deco/Art Moderne design, the property is zoned Residential Protection, and is listed as a Site of Local Significance with 'architectural and history' values in the Tairawhiti Resource Management Plan.

Standing vacant, the properties are not currently habitable and are being sold "As Is". Seismic strengthening was carried out in 2015. With an independent Rental Appraisal of $2380 - $2460 per week once renovated. Disregard the RV and do your own due diligence into possible renovation or development options.

Due to multiple safety hazards, open homes will not be held, please call for scheduled viewing times and information pack.

Offered by Deadline Sale, 4pm 6th March 2025.

For Sale by Negotiation
Dianne Holland

Dianne Holland

Residential, Apartment and Investment Sales

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

Aiden Holland

Residential Sales

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

Features

Investment


A fantastic investment opportunity on offer, with massive potential returns.

Section


1669sqm section, offering plenty of space for the current dwellings or potential room for more.

Character


Character Art Deco/Art Moderne design ripe to be returned to it's former glory, or re-developed to suit modern tastes

Rental appraisal


Independent rental appraisal of $2380 - $2460 per week (once renovated)