2 King Street, Mangapapa, Gisborne, 4010, New Zealand
A change in direction for our owner means this substantial home in a prime location is ripe for the picking.
Situated on a generous 1095sqm (more or less) freehold site, this property boasts substantial potential for future development.
You could remove the existing home, create two, three or maybe four new homes and titles (subject to Council approvals) offering a myriad of options for savvy buyers in a growing and promising location.
Another option is to retain the tenants, and just bide your time. While the house has seen better days, it has the potential to give it a face lift, and create a wonderful family home. Built in the 1900’s, you have four large bedrooms with a massive lounge to work your magic on.
The location is fantastic, walking distance to Mangapapa primary school, not far from popular Ballance Street shops and public transport is just around the corner.
Whether you’re an astute investor or someone with an eye for redevelopment potential, this is your golden ticket to a future filled with possibilities.
