7 Fraser Street, Ormond, Gisborne

What's better than one home in the heart of Ormond? Two! On the same title!

With a duality of dwellings, the possibilities are endless... live in one home while renting the other, rent both to maximise the income, or enjoy it all to yourself, easily accommodating extended family, workers, or friends.

The main house, a comfortable three-bedroom home, offers an open-plan living, dining, and kitchen area extending out to a wraparound deck, ideal for soaking up the sun while taking in the rural views. Connected to the house by a separate entrance, a large rumpus/games room offers the perfect space for a teenage hangout, additional living area, or a hobby room.

The original two bedroom house at the front of the property offers easy living, with an impressive double garage, accessed from its own private drive off Matawai Road. With a rental appraisal of $500-$550 per week, it would be the perfect opportunity to help cover the bills!

Each dwelling is in its own fully-fenced private section with separate entrances, providing independent living while being under the same ownership, making the property management straightforward and hassle-free.

With a combined appraised rental income of $1240 per week - did some one say cashflow? Properties that offer strong yields like this get snapped up quickly, so be sure to contact Sophie today to find out more!

Note:

Two 3D scans available, for further property information and direct document downloads please visit www.rwgisborne.co.nz/GIS31555

Boundary lines are indicative only.

Auction: 11am, Saturday 15 February 2025 (unless sold prior)

152 Grey Street, Gisborne